World Bank invests in Senegal water and sanitation Water and sanitation infrastructure in Senegal will be improved after the World Bank's board of executive directors approved a $55 million…

ADB invests 20 million USD in Argan infrastructure fund The African Development Bank is going to participate in the amount of 20 million Dollars in the Moroccan Argan Infrastructure Fund (ARIF),…

WB grants additional loan of 116.7 million Dollars to Democratic Republic of the Congo The World Bank has granted a loan of 116.7 million Dollars to finance a project for upgrading electricity…

Railway transport: IUR and WB set for co-operation The World Bank and the International Union of Railways (IUR) have signed heads of agreement with regard to co-operation in railway transport…

Indian telephone operator Bharti Airtel buys Zain Afrique Indian telephone operator Bharti Airtel has acquired the African shares of Kuwaiti mobile telephone giant Zain for ten billion…

World Bank to host African Diaspora event 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…

Sewage problems in South Africa Infrastructure in South Africa's Cape Flats may need investment after it was revealed that sewage has overflowed on to dunes in the area. The Zandvliet Waste Water…

SA government 'will scrutinise infrastructure spending' The finance minister of South Africa Pravin Gordhan has warned enterprises that are owned by the state that they must keep their spending in…

Tonkolili 'doubles size of Sierra Leone project' Sierra Leone is to become one of the biggest magnetite iron-ore resources in the world. This is following an announcement from African Minerals that…

World Bank doubles financial support for Morocco The World Bank announced last Tuesday in Rabat that its allocation to Morocco is going to increase from 300 to 600 million Dollars per year as from…