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Ethiopia-Sudan SGR study gets funding from African Development Bank

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The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study into a standard-gauge...

Tenders invited for JKIA runway construction

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Kenya Airports Authority (KAA) says it has invited qualified companies to tender for the construction of a Sh37 billion JKIA runway which expected to...

AfDB, Uganda sign US$94.52 million road construction deal

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The African Development Bank(AfDB) has signed a US$94.52 million loan with Uganda to go towards a major road construction in the country. The road is...

AfDB report says investment in infrastructure most profitable

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Investment in Infrastructure projects are among the most profitable any society can make as they significantly contribute to propel and sustain a country’s economic...

Work on Eldoret Southern bypass begins this month

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Construction work on the Sh6 billion Eldoret Southern bypass in Uasin Gishu County will begin this month, governor Jackson Mandago has announced. According to Mr...

AfDB achieves 100% investment in green energy Projects in 2017

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The African Development Bank achieved a 100% investment in green energy projects in 2017, a major landmark in its commitment to clean energy and...

AfDB approves grant for waste to energy plant in Kenya

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The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a grant of US $ 995,000 to Asticom Kenya...

AfDB boosts Nacala corridor rail and port project in Mozambique

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The African Development Bank is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the US $ 5...

AfDB boosts railway, port and mine construction in Guinea

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The African Development Bank says it has approved a USD100 million loan for a railway, port and mine construction in Guinea. The money will help...

East Africa Community approves US$55b infrastructure projects

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The East Africa Community has approved US$55b to be used in infrastructure development in the region. The fund was approved last week during the fourth...