USD 158 million Dire Dawa industrial park in Ethiopia is near completion
USD 158 million Dire Dawa industrial park in Ethiopia is near completion
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Tanzania targets higher exports by boosting the mining sector
Tanzania targets higher exports by boosting the mining sector
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Ethiopia to embark on US $43m road infrastructure project
One of the fastest growing economies in Africa – Ethiopia, has signed US $43m road designing and construction agreement with six constructors and five consultancy companies in bid to improve …
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10th tallest 25 storey building to be constructed in Addis Ababa
The OIB-ODA Tower which is a 25 storey mixed use complex, will be constructed on Sudan Street in Ethiopia’s capital city Addis Ababa. Plans for the building were unveiled at …
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US $1bn to be invested by Nigeria in bridging housing deficit
Over the next 5 years, the government of Nigeria through the Family Homes Fund (FHF) intends to invest US $1bn in bridging its 17 million housing deficit. The report was …
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Road projects agreement worth US $489.2 m signed by Ethiopia
The Ethiopian Roads Authority (ERA) has signed a US $489.2 m construction agreement of 9 road projects totalling to 749 km across the country. ERA Director General Araya Girmay, speaking …
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US $322m loans approved for multinational road network in East Africa.
The African Development Bank Group has approved a grant of US $322m to Burundi and Tanzania to finance the 45km Rumonge-Gitaza and 260km Kabingo-Kasulu-Manyovu road upgrading project. Director General of …
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African cities – Infra Funding
A new financial vehicle dedicated to the funding is being introduced to bridge infrastructural gaps existing in major African cities and local councils. The African Cities Development Fund when operational, …
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