Friday, February 15, 2019
InfraCo Africa, part of the multi-lateral Private Infrastructure Development Group (PIDG), has signed a joint development agreement worth US$3.1mn to develop the Khoumagueli Solar PV project in the Republic of Guinea The Khoumagueli project aligns with the government of Guinea’s...
There is an urgent need for accelerated infrastructure development in rural areas in order to curb poverty and its related challenges across the country, the Nigerian Society of Engineers has said. Participants, who spoke at the recent pre-investiture colloquium organised...
InfraCo Africa has partnered France-based developer Solvéo Energie by committing up to US$3.1million for a 45% equity interest in the development of a 40MW solar project in the Republic of Guinea in West Africa. InfraCo Africa, part of the multi-lateral Private...
The European Investment Bank (EIB) has indicated that it’s preparing a €155 million ($192 million) loan package for the 70MW Akiira Geothermal Project in Naivasha, in Nakuru County, Kenya. The project includes a consortium of investors from Kenya, the US...
The African Export-Import Bank (Afreximbank) expanded its shareholder-base, as it admitted JSC Russian Export Centre (REC), as the latest international financial organisation to join the institution. REC was admitted as a shareholder following its successful subscription to Class “C” shares...
JEDDAH — The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), and the IL&FS Investment Managers Limited (IIML), the private equity arm of IL&FS Group, signed...
Africa investor (“Ai”) and World Pensions Council (“WPC”) to help mobilize trillions of pension capital for African infrastructure Davos, Paris, London, Johannesburg, Lagos, Nairobi, Cairo – January 22nd 2018: Meeting in Davos ahead of the 2018 World Economic Forum, the...
Rwanda and Tanzania have agreed on joint construction of a Standard Gauge Railway (SGR) from Isaka (northwestern Tanzania) to Kigali, a move which will facilitate movement of goods between the two countries. The agreement was reached following a meeting between...
The President of the African Development Bank, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook...
Ireland can leverage its experience in construction services and project financing to facilitate the Belt and Road Initiative and Guangdong-Hong Kong-Macao Greater Bay Area infrastructure construction projects, the minister of state at the Department of Finance in Ireland, Michael...
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