IFC invested $1.2 billion in Africa over the last decade Over the past decade, the International Finance Corporation (IFC) has invested $1.2 billion (£744.8 million) in some 42 mobile phone…

Senegal: 25 million USD for road infrastructure renovation project Last weekend, work started on renovating the main highways in the region of Louga, Senegal, reports the…

Huge investment needed in SA transport sector Massive investment is needed in South Africa's ageing rail, road and maritime infrastructure, the nation's transport minister has…

50 billion USD needed for water and sanitation in Africa It will be necessary to devote 50 billion dollars to the domain of water and sanitation over the next twenty years if needs in…

Ugandan government signs loan agreement with AfDB Improvements to Uganda's agricultural infrastructure are likely to come about as a direct result of a new loan agreement with the African…

Rwanda to exploit nuclear energy Rwanda is to join the club of countries which exploit nuclear energy, reports a government press release published last Thursday. The…

AfDB loan to improve water supply in Zimbabwe The African Development Bank (AfDB) and the Zimbabwean government have signed a $30 million (£18.4 million) agreement to benefit the urgent water…

ADB finances wind farm and solar energy project in South Africa The African Development Bank is to extend financing of 365 million dollars to South Africa to develop clean energies. The funds will…

New railway line will make East Africa a top investment destination East Africa has the potential to become one of the best investment destinations in the world, with a number of infrastructure…

Morocco: 100 million euro loan by WB for urban transport The World Bank (WB) has granted Morocco a loan of 100 million euros to finance a new urban development policy…