US$120 million boost for Nairobi’s Outer Ring Road facelift
The African Development Bank (AfDB) has approved US$120 million financing for the four-year Outer Ring Road Improvement Project in Nairobi County, Kenya. The road is … Read more
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US$10.2 million loan for Lirangwe-Chingale-Machinga Road
The Malawi government and the Kuwait Fund for Arab Development have signed a financing agreement in form of concessional loan for the construction of the … Read more
US$131.3 million for Senegal’s Dakar port terminal
Bollore Africa Logistics has won a contract to develop and operate Senegal’s Dakar portfacility used mainly to import vehicles and pledged to invest US$131.3 million over … Read more
Namibia launches Oanob waterfront development
The construction of the N$250 million (US$24.1 million) waterfront on the southern banks of the Oanob Dam in Rehoboth is set to start following the … Read more
Additional expressway loan endorsed
The House of Peoples’ Representatives has approved the US$320 million loan agreement previously agreed between the Ethiopian government and the Chinese Export-Import (EXIM) Bank to … Read more
Kenya embarks on multibillion infrastructure projects
Kenya has embarked on major infrastructure projects to make up for decades of under-investment that stunted economic growth. In a span of two weeks, the country … Read more
