Uganda to Kenya town bypass roads project opens for bidding The Government of Kenya has received a loan from the African Development Bank to finance the Multinational Uganda – Kenya: Kapchorwa to Suam to Kitale & Eldoret Town Bypass Roads Project. The Project is a multinational operation that...
European Investment Bank co-finances construction of a section of the A7 motorway in Germany An international consortium consisting of the European Investment Bank (EIB), KfW IPEX-Bank, DZ BANK AG, DBJ (Development Bank of Japan), and CaixaBank is financing the expansion of the A7 motorway between Bocke...
Two large VINCI Concessions motorway projects open to traffic in Greece 360 km of new or revamped motorways to improve interregional connections Meeting the highest international quality and safety standards €2.8 billion investment to boost Greece’s competitiveness Greek Prime Minister Aléxis Tsípras in...
African Development Bank funds Kenya to Uganda upgrades and construction of new roads to connect the two countries The African Development Bank Group (AfDB) approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of 118 km roa...
The Asian Development Bank (ADB) has approved a US$114 million loan for Georgia’s Batumi bypass road project. ADB is also expected to manage and administer up to US$114 million in additional financing for the project provided by the Asian Infrastructure Investment Bank (AIIB). This is the first ADB proj...
European Investment Bank supports Volvo Group’s research for fuel efficiency and safety in trucks, buses, and construction equipment On Thursday, the European Investment Bank (EIB) and Volvo Treasury AB Sweden, a subsidiary in the Volvo Group, have completed a EUR 600 million loan agreement. The financi...
World Bank helping Tanzania to transform Dar es Salaam’s road transport to reduce traffic World Bank Group President Jim Yong Kim and Tanzanian President John Magufuli unveiled the foundation stone for the Ubongo Interchange, which will ease transportation bottlenecks and help businesses. The interchang...
European Investment Bank lends EUR) 280 million to upgrade 14 regional Greek airports The European Investment Bank (EIB) has signed two loan agreements worth EURO 280 million in total with Fraport Greece to help finance upgrades to 14 regional Greek airports. The transaction benefits from the support of...
European Investment Bank pledges extensive support for Kenyan energy and transport projects During an official visit to Kenya, the European Investment Bank (EIB) has pledged new support for projects in the power and transport sectors. Also, at a press conference In Nairobi with Cabinet Secretary for the...
World Bank Rural and Urban Access Improvement Project will benefit more than half a million Nicaraguans Nicaraguan farmers, ranchers, transport and micro entrepreneurs, 51 percent of them women, will benefit from improved roads financed through a new credit approved today by the World Bank Board of Dire...
China finances US$1.5 Billion for 156km Lagos to Ibadan Rail link in Nigeria Construction work on the Lagos to Ibadan Rail Link was signed on 6th March 2017 for the 156km railway line from the coastal city of Lagos to the inland city of Ibadan – a distance of 156km. The target date for completion ...
EIB and BGK finance construction of Kraków bypass in Poland under Juncker Plan The European Investment Bank (EIB) and the Bank Gospodarstwa Krajowego (BGK) Polish development bank today announced the signature of finance contracts for the construction of the Łagiewnicka Route, part of the Kraków inner s...
Chinese Contractor finances US$13Billion for 600km Malaysia East Coast Rail Link The Malaysia government have just published the proposed route for the Chinese-financed 600km East Coast Rail Link. The public have three months to comment on the proposals. The East Coast Rail Link starts at Port Klang on...
Development Bank of Southern Africa finances 580km of road reconstruction in Kenya The Development Bank of Southern Africa (DBSA) has agreed with the Kenya Ministry of Transport to finance reconstruction of a 580km road between Lamu and Isiolo, which is part of the Lamu Port – South Sudan – Ethiopia Tra...
The European Investment Bank loans €175m for Schiphol Airport expansion The European Investment Bank (EIB) and N.V. Schiphol Airport have signed a loan agreement of Euro 175 million, the first instalment of a total financing of Euro 350 million. Schiphol will use the funding to finance part of the plann...
EIB finances modernisation of Szczecin and Świnoujście seaports in Poland The European Investment Bank (EIB) has provided a Euro 38 million loan to Szczecin and Świnoujście Seaports Authority for investments improving the seaports’ nautical access and quay infrastructure. Minister of Maritime Economy an...
Salaheddine Mezouar, president of the UN climate treaties conference COP22, said the event, which took place in Morocco in November, would allow “the voices of the most vulnerable countries to climate change [to be] heard, in particular African countries and island states.” Allar Tankler took the opport...
Chinese built and funded Djibouti-Ethiopia railway opens for business Africa’s first electrified standard gauge railway entered service yesterday between the suburbs of Addis Ababa and its coastal neighbour, Djibouti. The line will cut the time taken to travel the 750km between Ethiopia and the sea from...
China funds Jamaica’s US$348 million South-East coastal highway project Jamaican Finance and Public Service Minister Audley Shaw will travel to the People’s Republic of China next week to sign an agreement with the China EXIM Bank for the construction of the South East coastal highway project at a...
Construction starts at Ghana’s new US$1.5 billion Container Terminal Port Construction work began at the Port of Tema in Ghana in January 2017 on a new US$1.5 billion container terminal near the capital of Accra. The terminal will directly create 5,000 jobs, and be operated by Meridian Port Servic...
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
