IDB funds General San Martin metropolitan area railway line US$400m improvements in Argentina A railway improve project in Argentina has been funded for the section between Retiro Station in downtown Buenos Aires and Pilar Station in the city’s outskirts, cutting travel time and greenhouse gas emissions...
Ghana targets 5 million passengers yearly with AfDB funded international airport expansion The construction of a new terminal at Ghana’s flagship airport, Kotoka International Airport, is expected to make the country a destination of choice with a yearly target of 5 million passengers. The project, fund...
Emerging Africa Investment Fund backs expansion at two Madagascar airports Two airports in Madagascar are to have their runways, passenger terminal facilities and allied infrastructure upgraded and expanded in a EUR 215 million project being supported by the Emerging Africa Infrastructure Fund (EAIF / t...
EIB lends €1bn to co-finance Romania’s transport infrastructure projects The European Investment Bank (EIB) is lending EUR 1bn to co-finance with European Structural and Investment Funds priority transport infrastructure projects totalling EUR 6.8bn to be implemented across Romania during the 2014...
ASTALDI wins € 82 million railway contract in Poland The Astaldi Group has been awarded the works to updgrade a section of the E-59 Warsaw-Poznań railway line (Lot IV). The contract amounts to EUR 82 million, with Astaldi leading a joint venture with a 95% share. The project calls for the reconstruction...
Spain receives €217m loan from EIB for growth, transport and employment in the Junta de Andalucía region The European Investment Bank (EIB) has granted the Junta de Andalucía a EUR 217 million loan for financing investment in different sectors of Andalusia’s economy with the aim of boosting growth and j...
20 million Africans benefit from transport and ICT projects financed by AfDB in 2016 Transport and information and communication technology (ICT) projects financed by the African Development Bank (AfDB) in 2016 would have a positive impact on the living conditions of close to 20 million Africans over th...
European Investment Bank signs €80m loan to finance research into environmentally friendly refuse lorries The European Investment Bank (EIB) will grant EUR 80m in financing to Urbaser for its investments in research, development and innovation (RDI) and the renewal of its urban refuse collection lorries...
African Development Bank funds US$829 Million for Songwe River Basin Program in Malawi and Tanzania Malawi and Tanzania have agreed to work together for the development of the Songwe River Basin Program (SRBDP). This follows the signing of a Memorandum of Understanding between both parties at a ceremony...
China pledges US$122 billion for China to UK Silk Road Rail Route Chinese President Xi Jinping pledged an extra $122bn for international infrastructure schemes as part of China’s grand “One Belt, One Road” (OBOR) initiative as leaders and top officials from around the world gathered i...
ASTALDI GROUP win €171 million railway contract in Poland The Astaldi Group has been awarded, in a joint venture, a contract to upgrade a section of the N-7 Warsaw Wschodnia Osobowa-Dorohusk railway line. The value of the contract is € 171 million, of which 65% is pertaining to Astaldi. The contract inv...
European Investment Bank lends Nicaragua US$136 million for construction of rapid transit bus line in Managua The European Investment Bank (EIB) is providing USD 136 million to finance the construction of a new Bus Rapid Transit (BRT) line in Managua to run alongside Avenida de Juan Pablo II, one of the...
Africa and Europe Development grants approved for study into the 1,028 km Abidjan to Lagos Corridor Highway The Economic Community of West Africa (ECOWAS) has released a General Procurement Notice for the study for the Abidjan to Lags Corridor Highway Development Project that passes through the countrie...
World Bank approves US$200 Million for rural roads in Zambia The World Bank’s Board of Executive Directors today approved a $ 200 million International Development Association (IDA) credit under the IDA17 Scale-up Facility for Zambia to improve selected rural roads in six of Zambia’s ten provinces...
Kuwait funds 81 km upgrade of the Gbarnga-Salayae Road in Liberia The Governments of Liberia is soliciting funding from the Arab Bank for Economic Development in Africa (BADEA) and four other funding agencies, namely Saudi Fund for Development (SFD), Kuwait Fund for Arab Economic Developme...
European Investment Bank finances €75 million upgrade for Port of Barcelona The logistics zone (ZAL Port) of the Port of Barcelona is receiving a loan from the European Investment Bank (EIB) to finance the construction of new logistics and warehousing facilities enabling it to both increase its capacity...
FCC Construcción awarded €1.634 Billion contract for three new railway sections in Romania The Romanian National Railway Company (CFR) has awarded FCC Construcción a contract for the rehabilitation of three new railway sections in the region of Transylvania. The works are valued at €1.634 billion and wi...
Apesika Abom Feeder, the story of an AfDB-financed feeder road in Ghana that changed the everyday lives of rural households In many African countries, food security and nutrition continue to be a challenge. To address this in Ghana, the African Development Bank (AfDB) and the International Fund for Agri...
Cameroon invites Expressions of Interest for Consultant Services for 241km Road Rehabilitation The Republic of Cameroon’s Ministry of Public Works has announced a Notice of Interest for Consulting Services on their Transport Sector Support Program phase 2 – Rehabilitation of the Yaoundé-Bafo...
Kenya releases procurement notice for services on the LAPSSET Corridor Project – Lamu Port Development The Lapsset Corridor Development Authority in Kenya has received a grant from the African Development Bank/NEPAD – Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund to finance Trans...
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