A consortium of Orascom Construction and Mitsubishi has secured an $800m contract to deliver a work package for Cairo Metro Line 4 Phase 1.
A joint venture of VINCI Highways unit Rift Valley Highway, VINCI Concessions, and Meridiam SAS has signed an agreement for the development of about €1.3bn Nairobi-Nakuru-Mau Summit Highway project in Kenya.
Hill International has been awarded a contract to provide project management services for the New Administrative Capital City and 6th of October City Monorail project, the two lines of the $4bn Cairo Monorail Project in Egypt.
The World Bank has approved $130.8m in financing to support the $150.80m Uganda Roads and Bridges in the Refugee Hosting Districts Project, which aims to ease trade while improving access to social services in the West Nile sub-region of Uganda.
The World Bank has agreed to provide a loan of $750m in International Development Association (IDA) financing to support the upgrade of road and other communication infrastructure in Kenya.
UK Export Finance (UKEF), the UK Government’s export credit agency, has provided a loan of over £100m to the Government of Benin for the development of a 114-mile interstate road in the country.
The African Development Bank (AfDB) has signed a financing agreement with the Government of Mozambique to provide a $34m grant for the construction of the 35km phase II of the Nambungali-Roma road.
Standard Chartered Tanzania has signed a $1.46bn loan agreement with the Government of Tanzania Ministry of Finance to support the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora.