£18 million ICT project approved by AfDB The Helios Shared Telecom Infrastructure project in Nigeria has received a $30 million loan (£18.1 million) from the African Development Bank Group…

IFC and Absa to finance African infrastructures The South African bank group Absa announced on Thursday 3 September 2009 that it had signed an agreement with IFC (International Finance Corporation)…

Congo invites collaboration on hydropower plant The Democratic Republic of Congo will open the doors to a $5 billion (£3 billion) Western Power Corridor hydropower project this week, the…

New cable project could 'bring new prosperity' The new underwater cable Glo 1 could "bridge the digital divide between Africa and the rest of the world," operator Globacom has…

Nigeria: 78 million Dollars for the water sector The African Development Bank has just granted a loan of 78 million Dollars to Nigeria for upgrading infrastructures in the water supply and drainage…

Third phase of fibre optic development in Mozambique A contract worth 21 million Euros (about 30 million Dollars) for the deployment of the fibre optic Internet has just been signed between the…

Kenya's £990 million transmission line project Transmissions lines will be built to link Kenya with Ethiopia and Tanzania to reinforce the existing network and allow the latter states access to…

Tunisia: 66 million Dollars to restructure the electricity network On Wednesday, 2 September, the African Development Bank (BAD) approved a loan of 87.83 million Tunisian Dinars (66.306 million…

Nigeria 'choosing between 13 Nitel investors' After trying to sell off the state-owned telecoms monopoly Nitel for years, Nigeria has announced that 13 potential investors could be interested - and…

Nigerian oil-for-infrastructure deal 'a bust' A recent report from London think-tank Chatham House has examined the causes of the respective failure and success of the oil-for-infrastructure…