Ethiopia Launches $12.5 Billion Construction of Africa’s Largest Airport
Addis Ababa, Jan 10 – Ethiopia has officially kicked off construction of a $12.5 billion airport project…
Category: Infrastructure
Egypt Receives $3.5 Billion From Qatar in Coastal Development Deal
Cairo, Dec 31 – Egypt has received $3.5 billion under a Qatar-backed agreement to develop a major…
Nigeria Secures $1.2 Billion UAE Financing for Lagos–Calabar Coastal Highway
Abuja, Dec 26 – Nigeria has secured approximately $1.2 billion in funding from the United Arab Emirates…
Angola Secures $753 Million in US and South African Financing for Lobito Rail Corridor
LUANDA Dec 18 – Lobito Atlantic Railway has secured $753 million in financing from the U.S. International…
AfDB Raises $11 Billion for African Development Fund
LAGOS, Dec 17 – The African Development Bank said on Tuesday it had raised $11 billion for…
Kenya Approves Infrastructure and Sovereign Wealth Funds to Ease Debt Pressure
NAIROBI, Dec 16 – Kenya’s cabinet has approved the establishment of an infrastructure fund and a sovereign…
South Africa’s Transnet Seals ICTSI Partnership to Upgrade Durban’s Main Container Terminal
DURBAN, Dec 12 – South Africa’s state-owned logistics company Transnet has signed a 25-year concession agreement with…