AfDB Fund finances $116m to upgrade southern road corridor in Tanzania The Board of Directors of the African Development Fund approved a loan of around $116 million to the Tanzanian government to upgrade a 160-km Mnivata-Newala-Masasi road corridor in the southern part of the country. The Bank’s loan re...
Topcon technology improves the road between Burkina Faso and its neighbours Tansoba Boulevard is the busiest road in Ouagadougou, the capital city of West African nation Burkina Faso. The south-eastern bypass is a key interconnection corridor, not only connecting the city with the rest of the landlocked...
New look Bobcat S450 Loader charges ahead in the MEA regions Bobcat has launched a new version of the company’s market-leading S450 radius lift path skid-steer loader, introducing Bobcat’s bold new branding scheme for the first time in the Middle East and Africa (MEA) market. The new Bobcat S450 skid-st...
Project funds 200 solar-powered water desalination units in Kenya Climate Fund Managers (CFM) has agreed to co-finance and co-develop a portfolio of solar-powered desalination installations, turning brackish groundwater into drinking water. Under the agreement reached with Solar Water Solutions (SWS), C...
Rio Tinto signs renewable energy agreement in Madagascar Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar. This project, which uses solar and wind energy, will significantly contribute...
Abu Dhabi Fund for Development supports road infrastructure development in Rwanda Abu Dhabi Fund for Development (ADFD), the economic development arm of the UAE government, signed an agreement with the Government of Rwanda to provide a concessionary loan valued at USD 15 million (AED55 million) to finan...
AfDB kicks off Desert-to-Power West Africa Regional Energy Program with $6 million grant The Board of Directors of the African Development Bank Group has approved a $6 million grant to launch the initial phase of the Desert to Power West Africa Regional Energy Program. Desert to Power, an initiative led...
Accra interchange project completed to boost trade and incomes in Ghana A jumbo road interchange financed by the African Development Bank Group has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as well...
World Bank $50m grant supports Urban Development in Sierra Leone The World Bank Board of Executive Directors approved a $50 million grant from the International Development Association (IDA) for the Resilient Urban Sierra Leone Project. The project will improve integrated urban management, service deliv...
Land and Mining Management supported and strengthened in Burkina Faso The World Bank approved $150 million from the International Development Association (IDA) for Burkina Faso’s Support to Land and Mining Management Strengthening Project, which is aimed at improving land and mining services, strengthen...
Uganda joins the Clean Seas Campaign to stop plastic pollution Uganda has today joined the Clean Seas Campaign, demonstrating the country’s commitment to curbing the flow of marine litter and plastic waste entering lakes, rivers, and the ocean. The Clean Seas Campaign, launched by the UN Environment Pro...
Doosan celebrates 221 orders from all over Africa, Asia, Latin America and Middle East Doosan Infracore has announced that it has signed contracts to deliver a total of 221 construction machines in countries in Asia, the Middle East, Africa and Latin America this year. The company has taken an order for...
Gold mines in Liberia and Burkina Faso order Metso Outotec Premier and Vertimill mills The Turkish conglomerate Mapa Group has awarded Metso Outotec a contract for the delivery of key grinding technology to their gold mine expansions in Liberia and Burkina Faso. The value of the order is approximately E...
MAJOR welcomes CrushPlant Namibia as their new dealer in Africa MAJOR announces the appointment of CrushPlant Namibia as its new aggregate and mining screen media authorized dealer in Africa. The company will serve customers in Namibia, Africa. The company will offer MAJOR’s screen media solutions, incl...
GHH and BIA form strategic alliance to dig deeper in Africa The manufacturer of machinery for mining and tunnelling GHH Group has expanded its presence in the African market significantly in just one stroke. The new strategic partnership agreement with BIA practically adds more than 1000 employees to GH...
AutoStem’s disruptive technology driving change in the rock-breaking industry Innovation is paramount to ensuring continuing market relevance and customer satisfaction. AutoStem™ Technology is a world leader in the research, development, and commercialization of innovative alternative rock-...
Paramount Group and Sarcos Robotics bringing Mobile Robots to Middle East and Africa Paramount Group, the global aerospace and technology company, and Sarcos Robotics, a global leader in the development of innovative, highly dexterous mobile robotic systems designed for use in the defence, public safety...
SMT supports Klaas Haven Montessori School in Ghana with scholarships In alignment with its core values “caring, daring, sharing” SMT Ghana supported Klaas Haven Montessori School, painting the entire school building and offering scholarship packages, which will cover the full tuition and fe...
AfDB and EIB sign Partnership Action Plan to fast-track development in Africa The African Development Bank (AfDB) and the European Investment Bank (EIB) today signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis...
Amman benefits from EBRD Green Cities programme with new bus fleet The population of Amman will benefit from the introduction of a new bus fleet in the Jordanian capital thanks to its participation in EBRD Green Cities, the Bank’s pioneering urban sustainability programme. In a first Jordanian project u...
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