Friday, February 15, 2019
The Maputo–Katembe Bridge in Mozambique, Africa’s longest suspension bridge that cost whopping US $750m has officially been opened to traffic. Financed by China and built by China Road and Bridge Corporation, the project began in June 2014. The entire structure is nearly 3km long,...
The government of Zambia is set to receive US $40m fund from the African Development Fund (ADF) for the Integrated Small Town Water Supply and Sanitation Project (ISTWSSP) in Luapula Province. Keneth Chense, LpWSC’s Execurtive Director confirmed the reports and said the project...
The government of Zimbabwe seeks more than US $5bn to revamp the country’s road network. This is from reports made by the African Development Bank (AfDB) and the World Bank studies according to the country’s economic turn-around strategy – the Transitional Stabilization Programme (TSP). Dr....
The government of Zambia is set to enhance electricity supply in the Eastern province through setting up a wind energy plant in Katete district. Katetet District Council Chairperson, Jeremiah Mawere confirmed the reports and said that implementation of the project, will create...
The Arab Republic of Egypt is looking forward to use its vast, newly tapped undersea gas reserves to establish itself as a key energy exporter and revive its flagging economy. In recent months the country’s capital, Cairo has signed gas...
South Africa and Ghana signed the biggest single deal of the day at the Africa Investment Forum. The deal — worth $2.6-billion — is expected to improve Accra’s public transport system through an elevated light railway system which would provide...
https://youtu.be/c3CTw-O6oVg
The German government has announced that it will hold the first meeting between the Group of 20 (G20) and leaders of African countries on Tuesday, October 30 in Berlin. Ulrike Demmer, deputy spokesperson for the German Executive, stated that the...
A's first equity crowdfunding platform, Uprise.Africa, has secured an undisclosed amount of funding from Silicon Valley-based venture capital (VC) firm Nexxus Ventures. The Cape Town-based online equity crowdfunding platform says it recently concluded an investment round on a R60 million evaluation. Through the investment, Uprise.Africa has...
The AfDB launched its Room2Run initiative last month which effectively freed up $700m off the bank’s balance sheet.  The Africa50 fund officially opened its headquarters in Casablanca, Morocco, in September of this year. Mandated in 2013, during the African Union’s 50th anniversary,...
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