AfDB funds $71.5 m for road upgrading project in Uganda The Board of the African Development Fund (ADF) has approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity. The financing will be sour...
AfDB funds $120m Malagarasi Hydropower Project in Tanzania The Board of Directors of the African Development Bank have approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable renewable energy to households, schools, clinics and sma...
AfroChampions and Esri join forces to encourage GIS across Africa Esri, a global leader in location intelligence, today announced a joint initiative with AfroChampions, a Pan-African non-profit that aims to promote policies that foster private-public collaboration for Africa’s economic transformat...
World Bank funds $130.8m road infrastructure upgrade in Uganda’s West Nile sub-region The World Bank Board of Directors today approved a grant of $130.8 million from the International Development Association (IDA) to ease the movement of goods and people and improve access to social services and j...
Akselos deploys Digital Twin of Shell’s Bonga FPSO in Nigeria Akselos SA has announced the successful deployment of a structural Digital Twin for Shell’s Bonga Main floating production storage and offloading (FPSO), located 120km Southwest of the Niger Delta in Nigeria. The Digital Twin is a physi...
AfDB financing Mueda-Negomano road phase II in Mozambique The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35 km Nambungali-Roma road to facilitate trade and promote social inclusion of local communities. Mozambi...
Intel Responsible Minerals Program in Africa to track responsibly sourced tech minerals Standing beside a rutted red dirt road at about 5,000 feet up in the jungled mountains of northern Rwanda, Intel’s Adam Schafer explains in four words why he and a teammate had travelled from Oregon to this especiall...
South African SkyJacks and Point of Rental join forces SkyJacks, South Africa’s premier suspended access and aerial work platforms provider, has implemented Point of Rental’s Syrinx software in all their branches as of 1 July. “When we look at businesses who will benefit most from our software, we’re lo...
CaseCE delivering 125 backhoes, excavators, dozers and graders to Angolan Military CASE Construction Equipment has recorded one of its largest deliveries for 2020 with an order for 125 units from the Angolan Ministry of Transport. Amidst the global COVID-19 pandemic, the construction sector has begun to...
African Development Bank finances $1.2m study for Ethiopia to Sudan railway The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan. This g...
CASE celebrates 125 Construction Equipment deal with the Ministry of Transport in Angola CASE Construction Equipment, has recorded one of its largest deliveries for 2020 with an order for 125 units from the Angolan Ministry of Transport. Amidst the global COVID-19 pandemic, the construction sector has b...
Mozambique and African Development Bank finance Mueda-Negomano road phase II The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road to facilitate trade and promote social inclusion of local c...
AfDB funds $34m road project in Sierra Leone For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be a nightmare. On average, he spent between five hours to one day on the road, which was last properly repaired nearly half a century ago. Joseph a...
AfDB invests €345 million for road construction in Kenya and Tanzania Tanzania and Kenya will benefit from €345 million in financing for road construction support, approved by the African Development Bank’s (AfDB) board in Abidjan. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangan...
West Africa Road Infrastructure and Investment Forum set for Lagos in May The West Africa Road Infrastructure and Investment Forum 2020 (#WARIIF20) supported by The Federal Roads Maintenance Agency (FERMA) and the Federal Ministry of Transportation, Nigeria is set to be the most prominent road infrastru...
UK Aid pledges support for Africa Green Cities of the future on Kenya visit The International Development Secretary has pledged UK aid support to build the African cities of the future, so the continent can continue to thrive and reach its economic potential. Alok Sharma, on a recent visit to Kenya, ann...
AfDB funds $272m for construction of Msalato International Airport in Tanzania The Board of Directors of the AfDB (African Development Bank) has approved a $272.12 million loan to Tanzania for the construction of a new international airport in the capital Dodoma. The funding package, approved on Wednesd...
The IFC invests $225m in Mauritania Gold Mine The IFC, a member of the World Bank Group, has announced a $225 million debt investment in Tasiast Mauritanie Limited S.A. (TMLSA) and its Tasiast gold mine in Mauritania, supporting one of the country’s largest employers and biggest private sector contribut...
Point of Rental establishes South African HQ and expands team Point of Rental is expanding in South Africa with a new home and team members at Waterfall in the heart of Midrand, South Africa. Kelly Hoffman, Point of Rental’s Business Manager for the African continent, and the Africa team, will provide a...
EIB supports €139m rehabilitation of Malawi transport network The European Investment Bank (EIB) and European Union have confirmed support for refurbishing the principal road across landlocked Malawi after signing the EIB’s largest ever loan for investment in Malawi. Once carried out, the road works are...
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