Saturday, November 17, 2018
As Caribbean countries come to terms with the devastating effects of the recent hurricanes (Irma and Maria) that ravaged the region in September, experts are warning that the chronic underdevelopment of hydrometeorological technology and services in Africa is leaving...
The African Development Bank (AfDB) has set a target to raise US$8bn (approximately Sh826bn) in 2018 through its annual borrowing programme. The bank will tap into capital markets and mobilise resources with the outcome of lending money to member countries...
The African Development Bank (AfDB) said it has achieved a 100 per cent investment in renewable energy in the outgoing year, 2017, and also recorded a cumulative of 1,400 megawatts (MW) power generation projects exclusively from renewables within the...
To this effect, the Honourable Minister of the Department of Energy (DoE), Ms Tina Joemat-Pettersson, has made two determinations under the Electricity Regulations Act and the Electricity Regulations on New Generation Capacity. The first determination is for 600MW of...
The African Development Bank (AfDB) is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructureproject − the $5-billion Nacala corridor rail and port project, supporting the project with $300-million from its private sector window. After years...
The African Development Bank (AfDB) has committed to invest $100 million in the Emerging Africa Infrastructure Fund (EAIF), a private-public partnership company managed by Investec Asset Management. The funding aims at reducing infrastructure deficit in sectors that are key to the...
The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a...
The African Development Bank (AfDB) will disburse €66 million (more than $77 million) for the construction of a bridge linking Cameroon and Chad. This was announced by AfDB on Monday, December 11, 2017. The 620m bridge which will link Yagoua (Cameroon) and...
The Board of the African Development Bank has approved a US$153 million loan for Namibia to upgrade a 210 km stretch of railway in the west of the country. The support will also finance the upgrade of a section of...
The African Development Bank (AfDB) announced on Thursday 14 December it has approved another N$2 billion loan facility for Namibia to upgrade the railway line between Kranzberg and Walvis Bay, and to turn the Windhoek to Hosea Kutako International...
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