Finance
EIB Approves €330m for 225 kV Power Line connecting Guinea and Mali
35 Views
The European Investment Bank (EIB) is providing funds for construction of renewable energy infrastructure in West Africa.
China’s CGGC to Construct $700m Cameroon-Congo Chollet Dam
12 Views
The China Gezhouba Group Company (CGGC) has been selected to oversee the construction of the 600MW Dam.
Nigeria’s Lekki Port Receives First Installment of $630m Chinese Loan
9 Views
The port has received US$60m from the China Development Bank as the first tranche of the loan.
African Wealth Funds Experience Boon After Investing Locally
5 Views
During this pandemic, sovereign wealth funds in Africa that have focused on their local economies have yielded high returns.
Nigerian Federal Government to Concession 12 Highways to the Private Sector
12 Views
The Federal Ministry of Works has started this process under the Public-Private Partnership (PPP) scheme.
AMEA Power launches 50MW Solar Power Plant in Togo
8 Views
AMEA Power, a subsidiary of UAE-based Al Nowais Investments (ANI), has announced the official commissioning of its 50MW solar photovoltaic (PV)…
Nigeria FG Grants NLNG N20bn Tax Waiver for Bodo Bonny Bridge Construction
33 Views
Nigeria's Federal Government has granted the NLNG Company N20 billion (approx. US$49 million) tax waiver for the Bodo-Bonny road and bridge…
AfDB signs US$348m financing agreements for Uganda road projects
7 Views
The African Development Bank (AfDB) and the Government of Uganda have signed two financing agreements totaling around US$348 million for the…
DP World to invest US$1bn in Infrastructure on Ethiopian side of Berbera Corridor
28 Views
Dubai's DP World and Ethiopia's Ministry of Transport have signed an agreement to develop the Ethiopian side of the road linking…
Ksh3.7bn Budgeted for Malaba Rail Link in Kenya
15 Views
A supplementary budget has allocated Ksh3.7 billion to construct a railway line connecting the Standard Gauge Railway (SGR) to the old track…