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).

AfDB approves $272m loan to build Msalato International Airport in Tanzania

20 Dec 2019 | Africa

The African Development Bank (AfDB) has approved a $272.12m loan for the construction of Msalato International Airport in Dodoma, Tanzania.

AfDB approves $210m financing for Nigeria’s transmission expansion project

2 Dec 2019 | Africa

The African Development Bank Group (AfDB) has approved $210m financing to the Federal Republic of Nigeria to fund the Nigeria Transmission Expansion Project (NTEP1) in a bid to improve the capacity and reliability of the country’s transmission grid.

Ghana signs concession agreement for $2.6bn high-speed railway project

13 Nov 2019 | Africa

The Government of Ghana has signed a concession agreement with the South African firm Ai SkyTrain Consortium Holdings for the construction of $2.6bn high-speed railway in Ghana’s capital Accra.

EGP starts construction on Karusa, Soetwater wind farms in South Africa

6 Nov 2019 | Africa

Enel Green Power RSA (EGP RSA), the renewable subsidiary of Italian energy company Enel, has started construction on €400m ($446.1m) Karusa and Soetwater wind farms in South Africa.

TechnipFMC consortium wins contract for Rovuma LNG Project in Mozambique

9 Oct 2019 | Africa

A consortium comprising TechnipFMC, JGC, and Fluor has secured an EPC contract from Mozambique Rovuma Venture (MRV) for the Rovuma LNG production complex project in Cabo Delgado, Mozambique.

Atterbury breaks ground on $396m Castle Gate precinct in Pretoria

7 Oct 2019 | Africa

South Africa-based property management company Atterbury has broken ground on ZAR6bn ($396m) Castle Gate mixed-use precinct in Pretoria, South Africa.

AfDB approves $229m loans for highway expansion project in Kenya

4 Oct 2019 | Africa

The African Development Bank (AfDB) Group has approved €209m ($229.1m) loans to fund the expansion of a highway that links major economic hubs in Kenya.

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