Mozambique receives $110m grant for Rural Roads from The World Bank The World Bank approved today an International Development Association (IDA) grant of $110 million as additional financing to support the Government of Mozambique’s reconstruction efforts in the aftermath of the Cyclones Idai and Kennet...
Africa Investment Forum is transforming the approach to infrastructure projects Thanks to the Africa Investment Forum, for the first time in over half a century, traders and everyday commuters could travel from one half of the Gambia to the other in a matter of hours, instead of an entire day, or even l...
StripesnSigns on the fast track in East and Central Africa StripesnSigns by Edgepoint Company Ltd, a construction company in Tanzania that began their operations in 2011 has won all 6 major Tanzanian Road Marking contracts in the financial year of 2019/2020. The contracts consist of Road Marking works a...
South Africa is embracing the benefits of Plastic Roads The South African Department of Science and Innovation together with the Council for Scientific and Industrial Research are hard at work on an experimental project that will effectually evaluate the viability of using plastic weight in road constru...
Anglo American leading the way with IRMA Standard for Responsible Mining Anglo American announces that its Unki platinum mine in Zimbabwe is the first to publicly commit to be independently audited against the Initiative for Responsible Mining Assurance’s (IRMA) ‘Standard for Responsible Mining’. IRMA’s...
AfDB signs $28.8m grant with Somalia for road and water projects The African Development Bank Group on 27 August 2019 signed two grants for $28.8 million for road and water supply projects to improve livelihoods in Somalia and boost resilience. The grants, approved by the Bank’s Board on 19 July 2019, c...
UK to boost infrastructure in the poorest countries with UK aid The International Development Secretary, the Rt Hon Alok Sharma MP has announced a new Commission to bring together leading experts to turbo-charge quality infrastructure projects in developing countries with UK Aid. The Commission will be...
MB Crusher turns a complex jobsite on Mayotte into a piece of cake Mayotte is an island of 250,000 people that is part of the Comoros archipelago of islands off southeast Africa. With sandy beaches, coconut trees and one of the largest lagoons in the world, this beautiful blissful scene seemed to be per...
Islamic Development Bank approves $325m for projects in member countries The Board of Executive Directors of Islamic Development Bank (IsDB) has approved several projects worth US $325 million for Burkina Faso, Kazakhstan, and Mozambique. The approvals also include a Technical Assistance Loan to Surinam...
AfDB and Ethiopia sign $98m grant for first phase of Ethiopia-Djibouti transport corridor The government of Ethiopia and the African Development Bank Group (AfDB) have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia-Djibouti Road Tra...
Doka and Waco Africa and Form-Scaff sign exclusive Formwork agreement Austrian formwork company Doka GmbH has signed a distribution agreement with South-African-based Waco Africa Pty Ltd for the exclusive distribution of Doka products and systems across sub-Saharan Africa and the Indian Ocean Islands. T...
AfDB 5 priorities are making a vital contribution to Africa’s integration The African Development Bank (AfDB) is delivering on its ambitious goals and making positive progress in achieving their development and operational targets. This is according to the 2019 Annual Development Effectiveness Rev...
ADF supports Eastern Corridor Development Programme in Ghana with $81.7m loan The African Development Fund (ADF) has approved an $81.67 million loan to co-finance sections of the 695-km Eastern Corridor Development Road Programme in Ghana, linking the capital, Accra with the northern hinterland and acro...
EIB funds €80m to reduce congestion in Greater Casablanca The European Investment Bank (EIB) and Société Nationale des Autoroutes du Maroc (ADM) announced an €80m financing agreement today. This agreement aims to finance third-lane works on a 57.5 km section of the Casablanca motorway in order to reduce...
Ebonyi State road in Nigeria upgrade to get US$167.6m funding The African Development Bank Group approved a US$70 million loan for a road project in Nigeria’s South Eastern Ebonyi State. The Bank will provide US$40 million, while its co-financier, the Africa Growing Together Fund (AGTF), will contribute...
Modernisation of Tamale Airport in Ghana financed by KfW IPEX-Bank KfW IPEX-Bank is supporting the expansion of Tamale Airport in northern Ghana with a loan of US$80 million. The loan is covered by government export credit insurance of the UK Export Finance (UKEF) agency. The contractor is the British s...
Franki Africa’s expertise is bridging communities in Botswana A magnificent bridge over the Okavango River in the Mohembo Village area which is being piled by Keller’s Franki Africa for main contractor Itinera/Cimolai JV is a shining example of Franki’s diverse strengths. The bridge, which connect...
SANRAL to ramp up South Africa’s infrastructure investment SANRAL is ramping up its investment in road infrastructure back to familiar levels through its R70bn medium term budget allocation to implement construction and maintenance projects across the country. “This increased investment will rejuv...
EU supports rebuilding the road connection between Eritrea and Ethiopia Commissioner for International Cooperation and Development Neven Mimica is visiting Eritrea, where he has launched an initial €20 million project to rebuild the road connection between the Ethiopian border and Eritrean ports. During...
The 4th Africa Road Infrastructure and Investment Congress 2019 The 4th Africa Road Infrastructure and Investment Congress 2019 is the African continent’s most prominent event, which brings together the key financiers, investors, multilateral investment institutions, Government ministries, regulators, p...
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