Infrastructure News

Burundi infrastructure could see $5.8bn investment

06/04/2010

The infrastructure needs of Burundi will be assessed by an action plan implemented by the country's government and the African Development Bank (AfDB) group.

Estimates predict some $5.8 billion (£3.82 billion) will be...

Category: General

EIB pledges continuing support for South Africa

16/03/2010

South Africa will continue to benefit from funds from the European Investment Bank (EIB), according to the vice president of the body responsible for Africa.

Plutarchos Sakellaris is on an official visit to the country and...

Category: General

France and EIB participating in financing infrastructures in Nigeria

02/03/2010

The European Development Bank has agreed a loan of 324.5 million Dollars to three Nigerian banks in order to finance infrastructure projects in Nigeria.

These are the First Bank of Nigeria, the Guaranty Trust Bank, and Stanbic...

Category: General

Agreements signed between Gabon and France in the infrastructure sector

26/02/2010

On the occasion of the visit by French Head of State, Mr. Sarkozy, to Libreville on 24 February 2010, new agreements were signed between Gabon and France, in particular in the infrastructure sector.

One project is going to be...

Category: General

AfDB to host forum in Tunisia

26/02/2010

A meeting hosted by the African Development Bank Group (AfDB) is to be held in Tunisia next week.

On March 1st the group's head of poverty reduction and social protection division Sunita Pitamber will coordinate the forum in...

Category: General

Zuma: Infrastructure work will continue

25/02/2010

Infrastructure in South Africa has been developed for the World Cup and will continue to be improved once the contest ends.

President Jacob Zuma made the claim during an interview with the Financial Times yesterday (February...

Category: General

ADB invests 20 million USD in Argan infrastructure fund

23/02/2010

The African Development Bank is going to participate in the amount of 20 million Dollars in the Moroccan Argan Infrastructure Fund (ARIF), according to the AFP press agency.

The fund invests in infrastructures in North Africa in...

Category: General

World Bank to host African Diaspora event

19/02/2010

The World Bank has revealed that Washington will host the second African Diaspora Open House later this month.

Launched by the organisation in 2007, the African Diaspora Program (ADP) aims to work with governments in Africa and...

Category: General

South African infrastructure 'will be invested in'

12/02/2010

Infrastructure in South Africa will continue to see economic support, according to President Jacob Zuma.

Speaking at his state of the nation address the president tackled the challenges facing the country after the...

Category: General

Private sector investment 'is essential' to Africa

11/02/2010

Private sector investment is crucial in the expansion of Africa's infrastructure.

This is according to the chief executive officer of CDC Group Richard Laing, who was speaking in Ghana at the Africa Investment Forum.

He explained...

Category: General

Africa's mining future 'is positive'

09/02/2010

Cynthia Carroll, the chief executive of Anglo American, has said she is positive about how Africa can contribute to the mining industry.

According to TradeInvestAfrica, Ms Carroll spoke at Cape Town's Mining Indaba conference...

Category: General

Rwandan project investments 'could create 11,000 jobs'

08/02/2010

Some 11,000 people in Rwanda could benefit from new employment opportunities after it was reported that the country's investment projects last year could create many jobs.

This is according to the Rwanda Development Board (RDB),...

Category: General

Mauritius to construct refineries using €15m EIB loan

05/02/2010

Mauritius is to use a €15 million (£13.1 million) loan from the European Investment Bank (EIB) to construct two sugar refineries.

The money forms part of a larger strategy aimed at ensuring the long-term viability of...

Category: General

MOU for African Financing Partnership signed by AfDB

28/01/2010

The African Development Bank (AfDB) has signed a Memorandum of Understanding (MOU) for the African Financing Partnership (AFP).

President of the AfDB Donald Kaberuka explained this year's target would be the collaborative...

Category: General

PPPs 'key to Nigerian infrastructure development'

20/01/2010

The director-general of the Infrastructure Concession Regulatory Commission (ICRC) Mansur Ahmed has said active participation in the public private partnership (PPP) model is the only way to reach its 2020 targets.

He was quoted...

Category: General

SA to favour energy infrastructure projects in 2010

05/01/2010

South Africa is expected to invest heavily in energy and utilities infrastructure projects in 2010 - but questions as to the ability of the sector forerunners to make good on their plans have been highlighted in a recent report....

Category: General

Babalola: Infrastructure development should be decentralised

20/11/2009

Nigerian finance minister Remi Babalola has suggested decentralising infrastructure projects.

In his paper entitled Infrastructural Development of Ibandanland, delivered at the 2009 Ibadan Week Conference in Abuja, Mr Babalola...

Category: General

PPPs 'key to Nigerian infrastructure goals'

05/11/2009

The Infrastructure Concession Regulatory Commission could be poised to push important projects through by facilitating private-public partnerships (PPP), it has been suggested.

Chairman Ernest Shonekan recently called attention...

Category: General

Nigeria 'to receive $6bn for three-year development plan'

29/10/2009

The Nigerian government is to receive support to the tune of $5.7 billion (£3.5 billion) to aid the country in realising the targets outlined in its Vision 2020 plan.

Among investors are the World Bank, African Development...

Categories: General, Water, Transport, Energy

Sierra Leone "ready" for high return investment in energy and infrastructure

23/10/2009

President of Sierra Leone Ernest Bai Koroma announced during the recent European Development meetings that the country was now "ready" for high return investment.

Saying the areas of energy, infrastructure, agriculture...

Categories: General, Energy

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