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...
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.
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.
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...
East Africa has the potential to become one of the best investment destinations in the world, with a number of infrastructure projects expected to make it more desirable to financiers.
Two Chinese enterprises have been selected by the government of the Democratic Republic of the Congo (DRC) to carry out works on rehabilitating and modernizing two airports.
The Congolese Minister for Energy and Water, Bruno Jean Richard Itoua, announced last Monday that the Congo aimed to attain 90 percent access to electricity by 2015.
The West African Development Bank (WADB) has granted a loan of 11.3 million dollars to Benin in order to contribute to the funding of a road infrastructure project.