Italian government issues €1 million euros for Somalia infrastructure development.
Somalia government is set to receive funds which will help grow the country Infrastructure. This is after Italian government signed a deal with African Development Bank (AfDB) Multi-Partner Somalia Infrastructure Fund. The fund is worth €1 million euros.
Somalia is … Read More
Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development.
Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future.
The fund will include a … Read More
RMB gives report on best countries to invest in Africa for 2019
Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids … Read More
President Museveni plans for more infrastructural development in Uganda especially in electricity after meeting with CDC delegates.
Infrastructural development in Uganda is part of President Yoweri Museveni plans. In African nations, infrastructural development is the way forward. This is why Uganda President held a meeting with Commonwealth Development Corporation (CDC) … Read More
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