Infrastructure News

Business Daily Africa - March 6, 2012

Kenya last year attracted the highest amount of private equity funding for infrastructure in East Africa, with the country getting more than half the number of the deals, a survey carried...

Africa Review - March 5, 2012

Among the current economic news in Tanzania is the announcements of oil and gas discoveries in various parts of the country. The latest announcement of gas discovery is by the Norway’s...

allAfrica.com - March 5, 2012

Leading market analysts and industry regulators have described Nigeria's economic growth rate as exceptional, in spite of its huge infrastructure deficit, at a time of slow growth across...

Bloomberg Businessweek - March 6, 2012

Timely, Cost-Conscious Completion of Projects to Spell Success for Infrastructure Development Companies

Namibia will see significant growth across a number of infrastructure sectors over...

As much as $30 million is to be used to build a dam on Atabarah river in Sudan, allafrica.com has reported.

The move was announced by Suleiman Al-Herbish, the director general of the OPEC Fund for International Development...

The Electric and Power Corporation of Ethiopia has announced that it has finished a power transmission line that links its power grid with Sudan, the neighbouring country in east Africa.

Through the $41 million power project,...

Antony Wamukota of the Kenya Electricity Transmission Company Ltd has confirmed that an ambitious infrastructure project that is designed to integrate Lamu to other parts of the country is set for completion, the Nairobi Star has...

Transnet, the state-owned transport business, has announced plans to spend 300-billion rand in a bid to improve the transportation of natural materials around the country.

The news has been confirmed by Jacob Zuma, the South...

Over the next 12 months, the Altech Group, the owner of Kenya Data Network, has revealed that it intends to invest an impressive 830 million shillings to create five satellite data centres within east Africa.

The overarching...

Ghana is set to host the Africa Investment Forum, aimed at discussing procurement and project funding across the continent next year.

The event, which will take place from March 28th to 29th 2012 and will be the tenth of its...

Kenya's Treasury has asked a number of international banks to provide a syndicated Sh54 billion (£386 million) loan for infrastructure financing. According to Business Daily, the deal with financiers - including Citi,...

China has surpassed the World Bank in terms of the amount of money it lends to developing countries in Africa. According to Shanghaiist, the Asian country has signed a number of multi-billion dollar deals with some of the...

Qatar's sovereign wealth fund has signed an agreement with the Moroccan state to fund infrastructure projects in the North African nation.

The agreement establishes at 50-50 investment joint venture worth $2 billion...

The various infrastructure projects funded by the World Bank will have reached a total value of $4 billion (£2.5 billion) in Nigeria by 2013, according to Leadership.

Speaking at a conference this week, the bank's...

South Africa has announced its intention to focus on improving the country's infrastructure, with £63 billion earmarked to boost services in the next three years, reports Engineering News.

Public sector infrastructure...

Leaders of some African nations have recognised the need to readdress goals regarding infrastructure development projects.

The African Development Bank (AfDB), along with the UN Economic Commission for Africa and the African...

Le chanteur irlandais Bob Geldof, connu pour son engagement en faveur de l'Afrique, a lancé un fonds d’investissement panafricain et multi-sectoriel qui serait doté à terme de 800 millions...

The Africa Development Bank (AfDB) has revealed it will publish a report looking at Nigeria's infrastructure to determine what development projects need to go ahead.

This will help the government work out what areas it needs...

Nigeria needs to reduce the amount of debt it has in order for the country to be able to develop and undertake infrastructure projects. Coordinator of the economy and finance minister Ngozi Okonjo-Iweala has said the nation...

Liberia could see an improvement to its infrastructure as its government has signed an agreement with the African Development Bank (AfDB) for extra financing. It agreed to two $56 million (£33.80 million) grants to be used...