The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce its capacity to help African countries contain the COVID-19 pandemic and mitigate its impacts. The grant, which is in response to an international appeal by the WHO, will be used […]
Main Content
Brazil Awards $1.4b Road Project to Ecorodovias and GLP
A consortium is now to handle the upgrade project for Brazil’s BR-153 highway route. The stretch of BR-153 to be improved measures nearly 851km and […]
Metier Partners With Tembo Power On Kaptis Hydroelectric Project
An agreement has recently been signed between Metier and Tembo Power, the company developing the Kaptis hydroelectric project in western Kenya. Metier will participate in […]
GoldConnect Unveils its New Breakthrough Pricing & Engagement Platform Specific to the LATAM Region
GoldConnect, a leading wholesale telecommunications provider in Latin America and the Caribbean, announces the release of its state-of-the-art pricing & engagement platform, LatamConnect. The new […]
AfDB Approves $2M For WHO Fight Against COVID-19 In Africa
The Board of Directors of the African Development Bank on Tuesday approved $2 million in emergency assistance for the World Health Organization (WHO) to reinforce […]
Reconstruction Of Sumbawanga’s Mandela Market To Cost $1M
The reconstruction of Mandela market in Sumbawanga Town, Rukwa region which was reduced to ashes on December 26, 2016 is set to cost nearly $1m […]
Featured
EAC Borders Stay Open For Transport Of Goods And Services
Free movement of goods and services will continue in the East African Community (EAC) bloc despite the Covid-19 outbreak. However, in order to ensure thorough screening, trucks will be disinfected before they are allowed to continue to their final destinations. Crew members will be quarantined for 14 days in countries of destination, according to new […]
Project Updates
European Development Bank Invests €340m in African Infrastructure
The European Investment Bank (EIB) is approving €340 million for water and renewable energy in Africa. The loans are for the construction of sustainable infrastructure in Mali, Chad, Guinea, Malawi and Comoros. The European Investment Bank (EIB) funding was announced in the margins of an EU-Africa forum co-organised by the Portuguese Presidency of the Council […]
Construction Of Tanzania’s Mbulu District Hospital On Track
Construction works on Mbulu District Hospital is on track. Deputy Minister of State in the President’s Office (Regional Administration and Local Government) Mwita Waitara confirmed the report and said the project is making great progress. The project is expected to help Mbulu residents who have been traveling long distances to get medical services. When completed, […]
Metier Partners With Tembo Power On Kaptis Hydroelectric Project
An agreement has recently been signed between Metier and Tembo Power, the company developing the Kaptis hydroelectric project in western Kenya. Metier will participate in the financial closing of this project, which will produce 14.7 MW, by taking a 40% stake in it. The financial completion of the Kaptis hydroelectric project in Kenya will take […]