KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment.
To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit). InfraCredit is a specialised infrastructure credit enhancement … Read More
Infrastructure is vital for any economy to grow. It is also essential that for any developing countries to grow, then Infrastructure must be at the forefront. We all know that Africa has a huge potential but lack or inadequate infrastructure is affecting it.
This inadequate infrastructure remains a major obstacle … Read More
AFC acquires US$300m loan facility from CEXIM
Leading infrastructure development finance institution in Africa, Africa Finance Corporation (AFC) successfully acquired a US$300 million loan from Export-Import Bank of China (CEXIM). Making up the loan is a US$200 million 5-year loan and also a US$100 million 5-year stand-by facility. The loan … Read More
China’s CCCC to construct a US$398 million oil port in Mombasa, Kenya
The Kenyan Ports Authority has confirmed the award of a US$398million oil facility in Mombasa. The contract award recipient is China Communications Construction Company (CCCC).
This US$398 million oil port facility will certainly boost the nation’s oil handling … Read More
Highlights of the just concluded FIDIC Conference in Berlin (9th -11th September 2018).
FIDIC have just concluded this year’s 2018 conference in Berlin, Germany. FIDIC in conjunction with VBI (German Association of Consulting Engineers) organised the conference with its focus on Mobility and Smart Infrastructure.
Still wondering … Read More
Nigeria and Japan sign MoU on Infrastructure Investment.
For the promotion of quality infrastructure investment between Nigeria and Japan, both countries have signed a memorandum of understanding (MoU). Representing both countries for the MoU signing in Abuja was Nigeria’s minister of transportation Rotimi Amaechi and Japan’s State Minister of Land, … Read More
Reconstruction deadline for Apapa road project, Lagos, Nigeria set to July 2018
The deadline for the reconstruction of the US$12m Apapa road project in Lagos state, Nigeria is now July 2018. There have been delays on the project due to logistical constraints and also heavy presence of underground utilities.
This … Read More
Julius Berger to introduce new technology for road construction in Nigeria.
Julius Berger Nigeria (JBN) plans to introduce a new technology for road construction in Nigeria. The new technology will ground and treat the old asphalt. It will also use it to increase the thickness and height of the asphalt … Read More
Zero2One skyscraper set to implement low income housing.
The tallest building in cape town is set to reduce its housing price to benefit the public. Zero2One skyscraper will set aside part of its households with income less than R15,000 per month. It was approve by Municipal Planning Tribunal in December … Read More
Kenya’s NHC set to build over 500,00 house as part of its plans for affordable homes.
The construction of 500,000 houses is set to kick-off in Kenya. It is also part of the nation plans to spread housing unit all over the country that is affordable and can help the … Read More
Equatorial Guinea to construct a gas mega-hub.
Equatorial Guinea is planning to construct a natural gas mega-hub. The hub will consist of an offshore and onshore aggregation and processing facilities. It will also have an interlinked production with London government.
The first phase of the project involves implementing a new … Read More
AZ Group builds a hotel and leisure building in Mostaganem, Algeria.
AZ group has build two new infrastructure in Mostaganem, Algeria. The hotel and leisure building dubbed ”AZ Zephir” will have no less than 315 rooms (from the standard room to the presidential suite). It will also have a multipurpose … Read More
Mozambique to commission Africa’s Longest Suspension Bridge in June 2018.
The commissioning of Africa’s longest suspension bridge will be on the 25th of June this year. The bridge is currently under construction in Mozambique. It’s commissioning date is also the same date as Mozambique independence in 1975.
The Maputo-Catembe … Read More
Tanzania turn to AfDB for Power and Airport projects funding
Tanzania President Magufuli said that the country is in talks with the African Development Bank (AfDB) to finance two mega projects. These projects are Stiegler’s Gorge hydroelectric plant project and the modernization of Dodoma Airport.
According to the president, the … Read More
Part of the Trans-Saharan Highway in Algeria is now complete.
The construction of the 1,600km Trans-Saharan Highway project in Algeria is now complete. Work is also in progress on another 200km road in south-Algeria and it will soon be complete. Algeria, said the completed infrastructure is a fundamental factor for … Read More
Hydropower production set to increase due to rise in the water level after a rainfall in Kenya.
Kenya Government has increase the production of hydropower due to rise in the water level. The rise in water result following the heavy rains that have filled up dams. The overflow dam will … Read More
What is, and how do local engineers construct sewage systems in Africa.
In Nigeria and some other parts of Africa, the sewage system comprises of soak-away pit and septic tank. They are built together and then separated by a wall. This system is predominant in developing countries due to the … Read More
Zimbabwe Government set funds for massive infrastructural development in 2018.
The Fund is to improve the infrastructural development in the country like rail, road and air projects which will help to improve and rehabilitate the country’s transport network infrastructure to enhance their efficiency.
The project is funded through fiscal resources … Read More
Nigeria’s FCT resident to pay for infrastructure after minister of FCT declare government can no longer continue funding it.
The infrastructural development in the country capital in abuja, Nigeria is expected to stop after the Minister of Federal Capital Territory (FCT) Malam Bello Muhammad said that residents of the territory … Read More