Infrastructure News

Nigeria has announced it wants to improve its ICT infrastructure and upgrade the technology of the Nigerian Stock Exchange (NSE) in order to boost its economy.

This Day Live reported that Oscar Onyema, chief executive officer of...

The African Caucus, an annual meeting between the Finance ministers and the governors of the Central Banks of the countries in the African Union and funding agencies, opened on August 3...

Tanzania is to borrow $250 million (£153.21 million) in order for it to pursue infrastructure projects.

Earlier today (Monday August 8th), the East African nation signed a loan agreement with several financial institutions...

The African Development Bank (AfDB) has announced it will spend $40 million in order for a railway infrastructure project in East Africa to go ahead.

This financing from the AfDB forms part of $165 million being put into the Rift...

The company ETDE (Energy Technology Data Exchange) announced last Wednesday in Libreville that it had signed a contract with the Gabonese ministry of Energy for the construction of a...

The Gas and Electricity Regulatory Commission (Creg) has just published a press release which reveals that 22,000 megawatts of electricity will be generated by Algeria by 2030 from...

Standard Bank has confirmed it will give financial support to a cross-border infrastructure project between South Africa and Zimbabwe.

It will pay for the South African Infrastructure Investment Company's debt in order to...

There is growing pressure for African nations to improve their ICT infrastructure, after 80,000 people in Rwanda signed up to mobile banking in one week.

BPR Mobile Banking registered this number of new customers after a campaign...

A loan agreement for 22 million dollars was signed last Thursday between the West African Development Bank (WADB) and the government of Burkina Faso, relating to the financing of a road...

Morocco has just received two loans totaling about 286.5 million dollars from the Japanese international Co-operation Agency (JICA), intended to finance drinking water supply and rural road projects.

The...

The Burkinabé minister for Energy has just announced that the electrical interconnector project between Burkina Faso and Ghana will become operational by 2014 at the latest, reports...

South Africa (SA) has called for investors to come forward with proposals on renewable energy plants in an attempt to boost its green infrastructure.

The nation's Department of Energy advertised for bids to build its first...

Last Tuesday in Algiers, the European Union and Algeria signed a financing agreement to the value of 30 million euros for the Algerian water sanitation program (Eau II).

This...

Seacom has revealed its ICT project to trial five 100Gb/s optical transmissions in an attempt to boost South Africa's communications infrastructure has been successful.

Together with US digital optical networking equipment...

Nigeria invests more than $450 million (£274.8 million) a year into its ICT infrastructure, it has been revealed.

The nation's minister for science and technology Ita Ewa stated that it spends the money on importing...

South Africa (SA), Kenya and Nigeria have been found to be the three African nations that are topping ICT markets in the continent. The Africa Business Panel released findings from a survey showing that their technology...

Last Wednesday American company Google and French telephone operator Orange signed a strategic partnership agreement to develop ICT all over Africa.The aim is to offer the...

Angola was the beneficiary of more foreign direct investment (FDI) than any other African country in 2010 for its infrastructure development. Macau Hub has revealed that the nation received $9.9 billion (£6.06 billion)...

The World Bank has just granted a loan facility of 250 million dollars to Liberia to finance a vast road rehabilitation project.

The minister of Finance, Augustine Ngafuan, who signed...

The World Bank has announced it will give a grant to Burkina Faso in order to help the country develop and improve its infrastructure. It revealed that the group's Board of Executive Directors approved the Burkina...