Infrastructure News

France has decided to cancel the entire debt of Congo Brazzaville, which is over 831 million dollars, reports the AFP press agency.

"This agreement will allow us to finance projects...

A sum of 286 billion Dollars in bank credits, subsidized by the Algerian State, is going to be mobilized for industry according to an announcement from the Council of Ministers issued on Monday 24 May 2010.

This financing is...

Africa needs to have improved infrastructure in order to move forward and develop, according to a report.

This was among the findings of the 2010 edition of the African Economic Outlook (AEO), launched on Monday (May 24th), the...

The World Bank approved a loan to Togo this week for Economic Relaunch and Governance, of 16.3 million Dollars.

The funds will provide budgetary support for the government in order in particular to strengthen governing capacity...

Water and agricultural infrastructure in Burundi may see improvements after a grant was approved for the country.

The African Development Bank (AfDB) allowed the funds of $15 million (£10.5 million) to be given from the...

Gabon has just signed an agreement with Coder, a company engaged in the development of renewable sources of energy, for the construction of two dams.

This involves the “Impératrice” dam, of 42 megawatts, on the river Ngounié in...

A huge windpower project in Cape Verde has just received financing of 18.6 million Dollars from the African Development Bank.

A mixed company formed by the State of Cape Verde and the companies Electra and InfraCO will be in...

A grant worth $16.3 million (£11.3 million) has been approved by the World Bank's Board for the Republic of Togo.

The funds will benefit the energy sector, as well as other key parts of the economy including cotton and...

The Tunisian government is aiming to achieve a number of 570 thousand high-speed Internet subscribers by the end of 2010, and 1,400,000 in 2014.

This announcement was made on Friday 21 May last by M. Ammar, Minister of...

The International Finance Corporation (IFC) is going to be investing 110 million Dollars in the HeidelbergCement company in order, in particular, to improve energy efficiency and the construction of infrastructures in sub-Saharan...

Information communications technology (ICT) in a number of African countries may be enhanced by the introduction of a new fibre optic cable.

The African Development Bank (AfDB) part-financed the Main One submarine cable, a key...

The African Development Bank is intending to assist the Ivory Coast in mobilizing more resources, in particular to finance its infrastructures.

In a report entitled “The ADB and the Ivory Coast, a co-operation strengthened to...

ICT infrastructure in Zimbabwe may be enhanced if legislation is passed by ministers.

According to SciDev.Net, the country is planning on taking advantage of ICT opportunities in the Information and Communications Technology...

Clean energy infrastructure in Africa has been praised for its achievements and work towards climate change targets.

According to the African Development Bank (AfDB), its board of directors has been quick in approving plans to...

Last Monday, 12 April, saw the inauguration of the Berrechid-Beni Mellal motorway project in Morocco.

King Mohamed VI took this occasion to present the master scheme for motorways, which plans for the extension of the motorway...

The French Development Agency (AFD) is contributing to Morocco’s Global Rural Electrification Programme (PERG).

The PERG, a project launched by the Moroccan authorities and the National Electricity Office (ONE) in 1995, aims to...

Africa could look towards greener energy solutions and natural resources as part of a new scheme.

The African Development Bank (AfDB) Group is studying a number of pilot projects that consider how the continent could become more...

The Mali Ministry of Energy and Water has just announced that it will be meeting a number of funds providers on 29 and 30 April next in order to come to an arrangement for financing the drinking water supply project in Kabala, as...

A new ICT tool in Africa could mean various financial institutions find it easier to coordinate their efforts.

The Making Finance Work for Africa (MFW4A) Partnership launched www.mfw4a.org yesterday (April 19th), which is hosted...

The African Development Bank (ADB) has lent a package of 49.4 million Dollars to Benin in order to finance a project for upgrading the key highway linking Ndali-Nikki-Chicandou to the Nigerian border.

This financing consists of...