OPEC fund finances development projects in five African countries The board of directors of the OPEC Fund for international development (OFID) announced last Sunday that it will provide a…

Zambia: electricity demand could exceed supply by 2012 By 2012, energy needs in Zambia may exceed supply, says Hanson Sindowe, chief executive of the mining company Copperbelt Energy…

World Bank shows support for communications project in West Africa The World Bank has confirmed it will support an infrastructure project in West Africa. Yesterday (June 21st), its board of…

World Bank agrees to transport project in Uganda The World Bank has approved plans for a transport initiative to go ahead in Uganda. Last week, the group's board of executive directors gave the…

75 million USD from WB for South Sudan The World Bank is to grant 75 million dollars to South Sudan to contribute to the financing of infrastructure, health and…

South Africa agrees air traffic deal with Cameroon South Africa (SA) has confirmed an air traffic deal with Cameroon, which could see a boost to its transport industry. Business Day reported that SA…

World Bank launches a laboratory on mobile technologies in Kenya Last Thursday, the World Bank inaugurated a laboratory on applications for mobile telephones in Nairobi as…

85 million USD from EIB to support projects of WADB in West Africa The European Investment Bank (EIB) has granted a loan of 85 million dollars to support the West African Development…

Four African countries benefit from loans from BADEA for their infrastructures The Arab Bank for Economic Development in Africa has signed loan agreements to a total value of 34…

Union calls for South African rail investment plans to be 'sped up' Plans to upgrade South Africa's transport infrastructure have been welcomed by unions in the country, but concerns have been…