Kenya is set to receive US $26.6m boost from the African Development Bank to complete construction of Thake dam in southern Kenya as part of a strategic water supply project for the larger semi arid area of Makueni County. The African Development Bank’s Board of Directors approved two loans; US $21.9m from the bank and US$49m from the Africa…
The Democratic Republic of Congo (DRC) has signed a deal with the Chinese and Spanish partners for the construction of the US $14bn Inga 3 hydroelectric dam project. The consortium which is led by China Three Gorges, alongside a European consortium, led by Actividades de Construcción y Servicios (ACS) of Spain, is set to see the vast scheme nearly triple DRC’s generating…
The Democratic Republic of Congo (DRC) has signed a deal with the Chinese and Spanish partners for the construction of the US $14bn Inga 3 hydroelectric dam project. The consortium which is led by China Three Gorges, alongside a European consortium, led by Actividades de Construcción y Servicios (ACS) of Spain, is set to see the vast scheme nearly triple DRC’s generating…
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, comprising a kilometre-long ramp on either side of a 680-metre span over Maputo Bay, which…
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, comprising a kilometre-long ramp on either side of a 680-metre span over Maputo Bay, which…
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 aims at providing drinking water to over 210,000 people. In the province, with a population of…
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. Joram Gumbo, Minister of Transport and Infrastructural Development, said that despite the Zimbabwe National Roads Administration…
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 a new source for energy generation, an electricity grid infrastructure close to consumers in the…
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 deals with Israel, Cyprus, Greece and Jordan. This is driven by a discovery of huge…
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 low cost transport to it citizens. This is according to Hubert Danso, the chief executive…