Infrastructure News

The African Development Bank (AfDB) has confirmed a loan to help pay for a highway in Tunisia to show its continuing support for the country's transport infrastructure expansion.

A fund of €137.34 million (£122.04...

Senegal is to receive financing of almost 28 million dollars from the German cooperation agency, the KfW, as a contribution to the financing of several infrastructure, decentralization and local...

Construction work to build a railway line across Botswana has been scheduled for 2012, it has been revealed.

Chief executive officer of Walvis Bay Corridor Group Johny Smith told Reuters that the transport scheme to construct the...

The board of directors of the OPEC Fund for international development (OFID) announced last Sunday that it will provide a package of 56 million dollars in the form of loans and six million in...

By 2012, energy needs in Zambia may exceed supply, says Hanson Sindowe, chief executive of the mining company Copperbelt Energy Corporation (CEC).

He says the government will have to invest in this sector as a...

The World Bank has confirmed it will support an infrastructure project in West Africa.

Yesterday (June 21st), its board of executive directors gave its decision over whether to approve funding for the West Africa Regional...

The World Bank has approved plans for a transport initiative to go ahead in Uganda.

Last week, the group's board of executive directors gave the go-ahead for additional financing for the Transport Sector Development...

The World Bank is to grant 75 million dollars to South Sudan to contribute to the financing of infrastructure, health and employment projects, reports a press release from...

South Africa (SA) has confirmed an air traffic deal with Cameroon, which could see a boost to its transport industry.

Business Day reported that SA transport minister Sibusiso Ndebele agreed to open the skies with his Cameroon...

Last Thursday, the World Bank inaugurated a laboratory on applications for mobile telephones in Nairobi as part of a program intended to stimulate the development of information and...

The European Investment Bank (EIB) has granted a loan of 85 million dollars to support the West African Development Bank (WADB) in a number of development projects in West Africa.

In a press release...

The Arab Bank for Economic Development in Africa has signed loan agreements to a total value of 34 million dollars with Burundi, Ethiopia, Zambia and Malawi to finance a number of infrastructure...

Plans to upgrade South Africa's transport infrastructure have been welcomed by unions in the country, but concerns have been raised surrounding the length of time the refurbishments are expected to take.

The Federation of...

Over the past decade, the International Finance Corporation (IFC) has invested $1.2 billion (£744.8 million) in some 42 mobile phone projects across Africa.

The firm explained that the projects have taken place across 15...

Last weekend, work started on renovating the main highways in the region of Louga, Senegal, reports the newspaper Le Soleil.

The Senegalese State has financed this program to the value of 25...

Massive investment is needed in South Africa's ageing rail, road and maritime infrastructure, the nation's transport minister has claimed.

Sibusiso Ndebele believes that finance totalling R200 billion (£18 billion)...

It will be necessary to devote 50 billion dollars to the domain of water and sanitation over the next twenty years if needs in Africa are to be met, according to the ex-Managing Director of the...

Improvements to Uganda's agricultural infrastructure are likely to come about as a direct result of a new loan agreement with the African development Bank (AfDB).

AfDB has signed an agreement with the nation's government...

Rwanda is to join the club of countries which exploit nuclear energy, reports a government press release published last Thursday.

The country will fully ratify the treaty of the International...

The African Development Bank (AfDB) and the Zimbabwean government have signed a $30 million (£18.4 million) agreement to benefit the urgent water supply and sanitation rehabilitation project in the country.

The agreement...