Africa needs US$90bn annually for infrastructure
Road infrastructure development in Africa will require US$90 billion annually for better development in the next decade in order to sustain economic growth and development … Read more
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Kenya needs US$2.2b yearly to develop infrastructure
Kenya requires approximately US$ 2.2billion to fill infrastructural development financing deficits, Johannes Zutt, World Bank Country Director for Kenya has said. The country spends about … Read more
South African National Roads Agency halts construction of tolled highways
South African National Roads Agency (Sanral) has announced that it was halting the construction of Gauteng’s freeways with more electronic tolls due to funding issues. … Read more
World Bank projects economic growth for Kenya mainly driven by construction industry
A new World Bank report has painted a favourable economic growth for Kenya with the economy expected to grow at 5.4 percent in 2015, an … Read more
Mega Fertilizer Plant in Nigeria set to be constructed
HOMAG International Merchant is set to construct a mega fertilizer plant in Nigeria worth $1.2 billion in Kogi State. The firm representative Adedayo Adeogi said … Read more
Rwanda to add 70MW to the national grid before the end of this year
Rwanda is currently planning to add another 70MW of power to the national grid before end of this year. This will lead to better accessibility … Read more
