Market News
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World Bank boosts infrastructure in Africa with $100m loan
Posted on :Saturday , 23rd January 2016
Infrastructure in Gabon has received a shot in the arm after the World Bank extended a $100 million loan aimed at boosting infrastructure in the country.
The approved loan is the second phase of the Infrastructure and Local Development project. The project aims to improve access to urban infrastructure and services in selected underserviced neighbourhood and t. . .China pledges to boost infrastructure construction in Africa
Posted on :Saturday , 23rd January 2016
China will work closely with Egypt in a bid to boost infrastructure construction in Egypt, president Abdel Fattah el-Sisi and his Chinese counterpart Xi Jinping have announced.
The two leaders agreed to work together in a bid to enhance growth in the infrastructure sector of the countryPresident Sisi said he is willing to connec. . .East Africa: EAC Cited As African Trendsetter
Posted on :Friday , 22nd January 2016
The East African Community (EAC) has been cited as one of the growing blocs amongst the Regional Economic Communities (REC) in sub-Saharan Africa.
The Brookings Institution in its recent Foresight Africa 2016 report on regional integration in sub-Saharan Africa, said the EAC has implemented several joint infrastructure projects.. . .Africa and China to build US$3.3bn port
Posted on :Thursday , 21st January 2016
Africa and China have signed a US$3.3bn deal to build a new transshipment port around 60km west of Algiers
portconstruction washingtonstatedeptoftransportation flickrAlgeria as a trade hub is rising in importance in East Africa, making it viable to build a port. (Image source: Washington State Dept of Transportation/Flickr)The agreement was signed between Algeria&rs. . .African Country banks on president Xi Jinping�s visit to boost infrastructure
Posted on :Wednesday , 20th January 2016
Egypt banks on president Xi Jinping’s visit later this month to boost its infrastructure network seen as a key driver of the economy. A number of agreements that will align the economic interests and development goals of China and Egypt are expected to be signed when Mr Jinping visits Cairo.
According to a statement from cabinet ministers the county is f. . .Please Select an Option
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