Infrastructure News

AU and EU sign agreement on infrastructure projects

29/12/2010

Tuesday last, 21 December, the European Union signed a 1.3 million dollar agreement with the Commission of the African Union (AUC), covering a number of infrastructure...

Categories: Transport, Energy

AfDB boosts transport infrastructure with 'largest Moroccan loan'

29/12/2010

The African Development Bank (AfDB) has announced the approval of its biggest-ever loan to Morocco to improve transport infrastructure in the country.

Some €300 million (£256 million) has been extended to the north...

Category: Transport

ADB grants 393 million dollars to Morocco to increase capacity on the Tangier-Marrakesh rail line

24/12/2010

Morocco has received a loan of 393 million dollars  from the African Development Bank (ADB) to finance a vast railroad infrastructure project.

The aim of the works is to increase...

Category: Transport

Bamako airport now operational after renovation works

23/12/2010

The new infrastructures of the airport at Bamako Sénou were inaugurated Friday 17 December 2010 by the Malian Head of State, Amadou Toumani Touré.

The airport of Sénou has been renovated to cope...

Category: Transport

AfDB invests $806 million in Africa's transport infrastructure

23/12/2010

The African Development Bank (AfDB) is to invest $806 million (£522 million) in improving the transport infrastructure of Africa.

A series of loans and grants will be given to Morocco, Kenya, Ghana, Chad and the Democratic...

Category: Transport

Launch of new infrastructure fund for Africa

22/12/2010

A new investment fund dedicated to infrastructure financing in Africa has just been created by Argan Invest, a member of the group FinanceCom.

Argan Infrastructure Fund (ARIF) will invest...

Categories: ICT, Transport, Energy

49.3 billion dollars for IDA

21/12/2010

The International Development Association (IDA) announced last Wednesday that it was reckoning on collecting some 49.3 billion dollars from 51 donor countries for its new...

Categories: Transport, Energy

Mali receives money from World Bank to enhance infrastructure

21/12/2010

The World Bank will support Mali as it tries to improve its energy, transport and irrigation infrastructure.

This is according to Robert B Zoellick, who is the president of the organisation and he hopes to promote regional...

Categories: General, Water, Transport, Energy

Togo: Port of Lomé receives two investments from the WADB and Germany

17/12/2010

Last Monday, the West African Development Bank (WADB) granted a loan of more than 10 million dollars to the Autonomous Port of Lomé (APL).

This package is intended to fund part of the repair...

Category: Transport

EIB grants two new loans to Tunisia for transport and energy

16/12/2010

Last Sunday Tunisia received two loans from the European Investment Bank to finance the construction of an electricity power station and the new suburban rail network in Tunis.

At a total cost...

Categories: Transport, Energy

Egypt gets World Bank loan to improve railway network

15/12/2010

Egypt is to receive $330 million (£208 million) from the World Bank to advance its National Railways Restructuring Project.

The scheme, which is set to improve transport infrastructure within the country, requires a further...

Category: Transport

Morocco signs a contract with Alstom for its first high-speed train

14/12/2010

Last Friday French group Alstom signed a 400 million Euro contract with Morocco for the sale of its high speed train (TGV).

The agreement includes the supply of 14 double-decker trains, and the...

Category: Transport

FDA grants 317 million dollars to Morocco

13/12/2010

The French Development Agency has just granted Morocco two loans totaling 317.15 million dollars to finance a high-speed rail track and several sanitation projects, reports the MAP press...

Categories: Water, Transport

ICT boom 'helps Kenya's economy to grow'

09/12/2010

The improvement in ICT that has taken place in Kenya has aided the country's economic growth and is "truly revolutionary".

Wolfgang Fengler and Jane Kiringai are the lead economist and senior economist for World...

Categories: General, ICT, Transport, Energy

ADB grants 60 million USD for construction of a highway in Senegal

08/12/2010

Last Thursday, the African Development Bank (ADB) granted a loan of of about 60 million dollars to finance the construction of a toll road.

This project comes under a partnership between the State...

Category: Transport

Eastern Cape to benefit from transport infrastructure investment

08/12/2010

Transport infrastructure in the Eastern Cape region of South Africa is set to improve after an investment in the bus service.

There will be 30 million rand (£2.8 million) put into the scheme, which will seek to improve...

Category: Transport

Kenya to get improved transport infrastructure

06/12/2010

Transport infrastructure in Naroibi, Kenya, is being improved thanks to ambitious plans.

As things stand, a 15km stretch of road can take up to an hour to complete because of the congestion in the central business district of the...

Category: Transport

The Port of Dakar seeks to raise 20 million USD via a bond issue

02/12/2010

The autonomous Port of Dakar has launched a bond issue for nearly 20 million dollars, which was first listed Tuesday last.

100 percent guaranteed by the Banque Ouest Africaine de Développement, it...

Categories: Water, Transport, Energy

Transport infrastructural developments 'needed in Eastern Africa'

01/12/2010

East Africa needs to improve transport infrastructure in the area in order to foster long-term growth.

This is the view of Kelvin Kizito Kiyingi, writing for the Daily Monitor, who noted railway networks have to be enhanced if...

Category: Transport

Nigeria 'needs to improve infrastructure'

30/11/2010

Nigeria has to improve infrastructure if it is to foster long-lasting growth in the country, one expert has claimed.

Gordon Brown, the former prime minister of the UK, observed the country will need to enhance roads, power and...

Categories: General, Transport, Energy

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