News

Africa’s largest urban developer, Rendeavour, in partnership with the Lagos State Government, has broken ground on a new satellite city development in the Lekki Free Zone a project similar to Kenya's Tatu City. The project,...

A new report has established that solar business is booming in Sub-Saharan Africa thanks to a myriad of factors such as high electricity tariffs, falling PV prices and a lack of reliability in the grid. The...

Construction of what observers say could temporarily be the tallest building in Africa is set for completion. The Leonardo is a 55-storey mixed-use development that has steadily been rising above Sandton skyline in South Africa over...

The Germany parliament, the Bundestag, has raised concerns over the future of the Selous Game Reserve,the largest wildlife park in Africa,now facing a critical challenge to its survival after the government of Tanzania signed...

Africa Finance Corporation (AFC), the leading infrastructure development finance institution in Africa, has announced financial close of a bridge loan facility contracted by Ivoire Hydro Energy (“IHE”) for the construction of the 44-MW Singrobo-Ahouaty...

Egypt's plan to have first electric train has moved a notch higher after an agreement was signed to provide a facilitated loan of $1.2bn for the implementation of the project. The Chairperson of the National...

The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity...

Shortage of sand is likely to affect construction activities globally, a new report by the A.T. Kearney Global Business Policy Council’s Year-Ahead Predictions 2019 has shown. The report observes that urbanization and infrastructure development are...

President Adama Barrow alongside his counterpart Macky Sall, president of the Republic of Senegal, have inaugurated Trans-Gambia Bridge describing it a monumental achievement. The 1.8 km bridge is expected to ease long-standing constraints in the...

South Africa is seeking to increase the amount of electricity it plans to secure from a major power plant that is under construction in the Democratic Republic of Congo(DRC), Energy Minister Jeff Radebe has hinted.   Initially,...