The Islamic Development Bank (IDB) has earmarked N310 billion to support the implementation of Nigeria's transformation agenda for a two- year period, between 2012 and 2014.
Earlier this year, a century-old wasteland of limestone and red dirt in south-west Nigeria was transformed into the biggest cement plant in Africa. The $1bn (£626m) Ibese plant will produce 6m...
Strong economic growth brings more business for construction companies, but the top firms are facing capacity problems and uncertain regulatory prospects Africa's construction materials...
NEW DELHI (AP) — The leaders of five of the world's fast-rising powers agreed Thursday to move toward creating a new development bank that would improve access to capital for poor nations.
ZIMBABWE'S current spending on infrastructure maintenance is significantly below par. African Development Bank (Zimbabwe) lead economist Mr Damoni Kitabire told the Herald Business that the...
JOHANNESBURG, March 27 (Xinhua) -- A South African government agency on Tuesday called for the BRICS group to participate in the African infrastructure development program, financing and potentially even ...
The shells of stylish colonial-era buildings, like shipwrecks on the ocean floor, still give Maputo a distinct character. But the capital of Mozambique no longer feels like an urban museum. Amid...
The prevailing gap between Africa’s actual risk and its perceived risk was offering material opportunities for those willing to invest in the continent, which was home to six...
Officials from the China Development Bank (CDB) are offering to finance a substantial part of the Conakry government's US$8.6 billion overhaul of mining and industrial infratructure, according to...
Washington, DC — U.S. Senators Chris Coons (D-Del.), Dick Durbin (D-Ill.), and John Boozman (R-Ark.) spoke on the Senate floor Tuesday evening about legislation they introduced last week that...
Ethiopia: The government is seeking investors to help develop a new rail network in the country, according to Mesfin Wubeshet, adviser to the minister of industry. Mr...
The president of the African Development Bank Group (AfDB), Donald Kaberuka, named three new Vice Presidents on 26 March. They are Zondo Sakala, Rémy Rioux and Cecilia...
Chinese President Hu Jintao paid a courtesy call on South African President Jacob Zuma on the sidelines of the Nuclear Security Summit in Seoul, South Korea on Monday. The two discussed the...
Selon une nouvelle étude réalisée par la Commission économique des Nations unies pour l’Afrique et la Commission de l’Union africaine, l’Afrique devra investir 93 milliards de dollars par an dans les infrastructures pour stimuler...
Excerpt:The state power utility only reaches a fraction of the 1.2 million who live in Hargeisa, and the rest is provided privately at great expense. Piped water is also scarce, and secondary...
South African president Jacob Zuma has welcomed the opening of a new port in the Eastern Cape and suggested that the infrastructure project is set to make a huge impact on trade relations in the region.
Kola Karim is the Chief Executive of Shoreline Energy International. Shoreline Energy International is a leading energy holding company operating in Africa with a diversified portfolio of holdings in Construction, Oil and Gas,...