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Tag: Africa

Tanzania Signs $142.5 Billion Contract for Iringa-Msembe Road Construction

October 4, 2024October 4, 2024

The construction of the anticipated multibillion-dollar Iringa-Msembe Road project officially started after the World Bank extended funding to Tanzania’s government. The Tanzania Transport Integration Project (TanTIP) was being implemented by …

Tanzania Signs $142.5 Billion Contract for Iringa-Msembe Road Construction Read More

mPharma to launch 100 virtual centres across Africa

October 20, 2021

According to a Deloitte research, the potential for telehealth in Africa is large and promising as mobile connection expands and technologies that might possibly bridge the doctor-patient ratio gap rise. …

mPharma to launch 100 virtual centres across Africa Read More

Moderna to establish an mRNA factory in Africa

October 20, 2021

According to Moderna executives, the firm plans to establish a messenger RNA (mRNA) factory in Africa that will produce up to 500 million vaccine doses per year at the 50 …

Moderna to establish an mRNA factory in Africa Read More

EU funding for COVID-19 vaccine campaigns in Africa

March 3, 2021

Ursula von der Leyen, President of the European Commission, declared today a humanitarian aid package worth $121 million (€100 million) to support the rollout of vaccine programs in Africa, coordinated …

EU funding for COVID-19 vaccine campaigns in Africa Read More

USA invests 3 Billion USD in expressway project in Kenya

April 24, 2019

In a landmark significant agreement with the United States of America, Kenya is set to sign a US $3bn deal for the construction of Nairobi-Mombasa expressway this month. Kyle McCarter …

USA invests 3 Billion USD in expressway project in Kenya Read More

Ethiopia to embark on US $43m road infrastructure project

January 3, 2019February 3, 2020

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 …

Ethiopia to embark on US $43m road infrastructure project Read More

10th tallest 25 storey building to be constructed in Addis Ababa

December 19, 2018December 21, 2018

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 …

10th tallest 25 storey building to be constructed in Addis Ababa Read More

US $1bn to be invested by Nigeria in bridging housing deficit

December 17, 2018December 21, 2018

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 …

US $1bn to be invested by Nigeria in bridging housing deficit Read More

Road projects agreement worth US $489.2 m signed by Ethiopia

December 12, 2018December 21, 2018

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 …

Road projects agreement worth US $489.2 m signed by Ethiopia Read More

US $322m loans approved for multinational road network in East Africa.

December 5, 2018December 21, 2018

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 …

US $322m loans approved for multinational road network in East Africa. Read More

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