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Ethiopia-Sudan SGR study gets funding from African Development Bank

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

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

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

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

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

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

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

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

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

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...