Afreximbank approves loan to partially fund $24bn Mozambique LNG Project

7 Aug 2020 | Africa

The African Export-Import Bank (Afreximbank), based in Egypt, has approved $400m in loans and guarantees to support the construction of $24bn Mozambique LNG project.

TechnipFMC signs $1bn EPC contract for new hydrocracking complex in Egypt

9 Jul 2020 | Africa

Assiut National Oil Processing Company (ANOPC) has awarded a major EPC contract to oil services firm TechnipFMC for the construction of hydrocracking complex for the Assiut refinery in Egypt.

Construction to begin on $2.8bn AKK gas pipeline project in Nigeria

30 Jun 2020 | Africa

The Nigerian Government is set to flag-off the construction of the Nigerian National Petroleum Corporation’s (NNPC) $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline project.

UKEF provides £100m loan to redevelop interstate road in Benin

16 Jun 2020 | Africa

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.

Maire Tecnimont wins $400m contract for two oil and gas projects in Algeria

10 Jun 2020 | Africa

Maire Tecnimont has secured an engineering, procurement and construction (EPC) contract from Groupement Bir Seba for the execution of the BirSeba Phase II and Mouiat Outlad Messaoud Field Development Project in Algeria.

Stantec team selected to lead Egypt’s €456.5m wastewater expansion programme

29 May 2020 | Africa

Stantec-led consortium has been selected by the Egyptian Holding Company for Water and Wastewater (HCWW) to lead the €456.5m Fayoum Wastewater Expansion programme in the country.

Maire Tecnimont secures $550m EPC contract to build ammonia plant in Egypt

12 May 2020 | Africa

Maire Tecnimont’s subsidiary Tecnimont has won a $550m engineering, procurement and construction (EPC) contract from Egypt Hydrocarbon Corporation (EHC), for the construction of a new ammonia plant in Ain Sokhna, Egypt.

AfDB to provide $34m for phase II of Nambungali-Roma road in Mozambique

1 Apr 2020 | Africa

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 signs $1.46bn loan deal for Tanzania rail project

17 Feb 2020 | Africa

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.

EIB approves €120m loan to upgrade wastewater treatment plant in Egypt

11 Feb 2020 | Africa

The European Investment Bank (EIB) has signed an agreement to finance €120m to the Egyptian Government to support the expansion and upgrade of the Alexandria West Waste Water Treatment Plant (WWTP).

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