Finance

AfDB approves €166.36m for construction of highway in Senegal
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The proposed highway will enhance access to the north of the country.

 

Funding approved for Construction of New Terminal At San Pedro Port, Cote D'Ivoire
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US$90 million finance secured for development of a new multipurpose bulk terminal.

Zimbabwe’s Power Infrastructure Rehabilitation Project nears completion
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The ZimFund-funded project will help relieve power outage woes in the country.

Renewable Energy and Easing Inflation to help Africa’s construction sector in 2022
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Turner & Townsend has released its International Construction Market Survey (ICMS) for 2022.

 

NORAD Funds ATI With US$56 Million for Renewable Energy Projects
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The funding from the Norwegian agency will support independent power producers in Africa.

Kenya’s 40-Megawatt Kesses Solar Project Backed by Infrastructure Fund
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Emerging Africa Infrastructure Fund US$35 million loan to support solar projects in Kenya.

AfDB’s African Development Fund to Support Solar Power-Ups in Ghana
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Grant of US$27.39 million to fund Ghana Mini-Grid and Solar Photovoltaic Net Metering project.

Oikocredit Lends Ecoligo €5 million to Provide Solar Power to SMEs in Africa
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Ecoligo to supply solar energy to SME’s and NGOs in Ghana and Kenya.

Nigeria Government Begins Work on Roads outlined in MOU with NNPC
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The N621 billion plan will fund 21 road projects in the country.

TotalEnergies invests US$10 billion in the East Africa Crude Oil Pipeline project
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Uganda and Tanzania to benefit from crude oil and energy projects and boost FDI.