South Africa’s R100bn (about $5.8bn) Infrastructure Fund is here, but there will no repeat of the large-scale corruption witnessed in 2010, says National Treasury director-general Dondo Mogajane. “We will ensure that [which] we had seen during the construction of the 2010 infrastructure roll-out does not happen. We’ve got lessons we’ve learnt from what we picked up when…
The Central Bank of Nigeria (CBN) has received approval to create an infrastructure development company that would finance the revamp of critical transport infrastructure throughout the country. The company would leverage local and international funding, and would be co-owned by the CBN, African Finance Corp., and Nigerian Sovereign Wealth Investment Authority. It would be exclusively…
The Nigerian government has been granted approval to establish a 15 trillion naira ($39.5 billion) infrastructure development company with the country’s sovereign wealth fund. InfraCo PLC will be co-owned by the government, the Nigeria Sovereign Investment Authority, Abuja, which has 649.8 billion naira in assets, and the Africa Finance Corp. The AFC is a banking…
The African Development Bank Group provided a $5 million institutional support grant to the AU towards the establishment of the AfCFTA secretariat ABIDJAN, Ivory Coast, August 18, 2020/APO Group/ — At a ceremony on Monday to commission the permanent secretariat of the African Continental Free Trade Area (AfCFTA), Ghana’s President Nana Akufo-Addo and Moussa Faki…
The event will take place online from 20 th October – 26 th November 2020. The digital platform will allow attendees to access content and networking offerings across all three market leading events with one point of entry, making it the largest ever energy event for the African continent marketed to a combined energy database…
Saloodo! will be the first logistics partner to provide digital road freight solutions on the AfricaPLC e-trade marketplace AfricaPLC assists to digitize African SMEs, so they can participate in and support the African Continental Free Trade Area (AfCFTA) The partnership expects to expand across the continent by early 2021 Johannesburg, South Africa – Digital road…
Africa investor (Ai) partners Bloomberg African Asset Owner Series Africa investor (Ai) partners Bloomberg and The Continental Business Network (CBN) on first ever African Asset Owner Series on Co-investment Partnerships. This inaugural event in the series, will feature two panels focused on the African Union’s 5% Infrastructure Investment Agenda and global co-investment partnerships in support…
A defined solution to the infrastructure financing gap – Infrastructure Investment Trusts (IIT) Africa investor (Ai) partners African Capital Market leaders and the Global Listed Infrastructure Organisation (GLIO) on Africa’s first Infrastructure Investment Trusts (IIT) initiative – as recommended in the recent G20-OECD Infrastructure Working Group Report. VIEW REPORT
A defined solution to the infrastructure financing gap – Infrastructure Investment Trusts (IIT) Africa investor (Ai) partners African Capital Market leaders and the Global Listed Infrastructure Organisation (GLIO) on Africa’s first Infrastructure Investment Trusts (IIT) initiative – as recommended in the recent G20-OECD Infrastructure Working Group Report. VIEW REPORT