Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
Africa climate fund hits $52m close for clean tech startups
Persistent launched the $70m Africa Climate Venture Fund with a $52m first close, one of the largest for a dedicated…
Rwanda fuel demand spikes 40% on war stockpiling
Rwanda's fuel demand surged nearly 40% in April as Strait of Hormuz fears triggered stockpiling across East Africa, exposing the…
Dangote secures $4bn loan to power Africa’s biggest refinery
Afreximbank underwrites $2.5bn of a $4bn syndicated loan for the Dangote Refinery, Africa's largest at 650,000 bpd, consolidating construction debt…
Somalia sits on $8.5trn in oil. Drilling starts now.
Turkey's drillship Cagri Bey arrived in Somali waters on April 6, beginning Somalia's first-ever offshore oil drilling campaign targeting an…
