Infrastructure News

ONE calls for more infrastructure spending for Africa from G20 group

16/08/2011

Global campaigning organisation ONE has recommended that a greater level of investment is put into Africa's development. A spokesman for the organisation said the group has called upon the G20 High Level Panel to place more...

Category: General

Tanzania borrows $250m for infrastructure projects

08/08/2011

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...

Category: General

Angola receives more foreign investment than other African nations

28/07/2011

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)...

Category: General

World Bank approves development grant for Burkina Faso

27/07/2011

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...

Category: General

AfDB: Infrastructure represents 70% of our Rwandan operations

22/07/2011

The African Development Bank (AfDB) has revealed that infrastructure constitutes 70 per cent of all its operations in Rwanda. Resident representative Negatu Makonnen told government delegates and country portfolio performance...

Category: General

Uganda's rural infrastructure to get boost with World Bank programme

13/07/2011

The World Bank has launched a programme in an attempt to improve Uganda's rural infrastructure.

It will work together with Centenary Bank to boost the country's agriculture finance capacity.

The World Bank Agriculture...

Category: General

Sub-Saharan Africa 'top priority for World Bank'

01/07/2011

During the 2011 fiscal year, the World Bank gave developing countries more than $57 billion (£35.6 billion) in support.

The financial institution has today (July 1st) released new figures showing its financial aid and...

Categories: General, Transport

Natural resources 'could boost Africa's infrastructure development'

30/06/2011

The natural resources found in Africa could help the continent continue to develop and improve its infrastructure.

According to the World Bank's Shantayanan Devarajan and Marcelo Giugale, the commodity boom in Africa may...

Categories: General, Energy

AfDB's financial support for Africa's infrastructure grows by 600%

28/06/2011

The financial support given to Southern Africa by the African Development Bank (AfDB) has grown considerably over the last few years. According to a report published yesterday (June 27th 2011), the group increased its loan and...

Category: General

Germany provides 28 million USD for infrastructure in Senegal

24/06/2011

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...

Category: General

OPEC fund finances development projects in five African countries

23/06/2011

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...

Categories: General, Transport, Energy

75 million USD from WB for South Sudan

21/06/2011

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...

Category: General

India to provide five billion dollar lines of credit to Africa (PM)

27/05/2011

India is to provide Africa with lines of credit amounting to a total of some five billion dollars by 2014, it was learned this week.

These funds will be earmarked to help governments reach their development goals,...

Categories: General, Transport

$14.2 billion needed for infrastructure improvements in Zimbabwe

14/04/2011

Zimbabwe needs about $14.2 billion (£8.7 billion) to rehabilitate the existing infrastructure in the country.

This is according to African Development Bank (AfDB) president Donald Kaberuka, who claimed that the investment...

Category: General

AFD finances gas project in Tunisia

29/03/2011

France has announced its intention to make a sum of 150 million euros available to Tunisia to finance a project to extend the natural gas network in the regions in the North-West...

Categories: General, Transport, Energy

World Bank to invest in African infrastructure

28/03/2011

African infrastructure projects will benefit from World Bank investment.

A new policy is being launched that will replace the Africa Action Plan and it will have a wider remit than its predecessor, the East African reports.

More...

Categories: General, ICT

Zimbabwe receives a loan of 500 million USD from China

25/03/2011

Last Monday, China granted a 500 million dollar loan to Zimbabwe to finance a number of projects in a multitude of sectors, including tourism, health, education, agriculture,...

Categories: General, Water

AfDB releases infrastructure route map for Zimbabwe

25/03/2011

A "comprehensive" infrastructure development plan has been drawn up for Zimbabwe by the African Development Bank (AfDB).

It is hoped the project will help to improve the country's economic fortunes by creating jobs...

Categories: General, ICT, Water, Transport, Energy

Africa's energy infrastructure requires 'massive investment'

17/03/2011

Major spending is required in order to improve Africa's energy infrastructure, one expert has claimed.

Emmanuel Nzabanita, manager of the energy finance division for eastern and southern Africa at the African Development Bank...

Categories: General, Energy

Southern Africa 'needs more regional integration'

15/03/2011

Regional integration needs to be examined as a tool for growth in southern Africa, one expert has claimed.

African Development Bank (AfDB) president Donald Kaberuka said he was happy with the progress being made by the Southern...

Category: General

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