Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
$2bn railway rewires Southern Africa
Zimbabwe and Zambia signed a $2.18 billion MoU on April 11 to build the 311-kilometre Lion's Den to Kafue railway,…
BlackRock’s $28bn South Africa bet grows
BlackRock's Global Infrastructure Partners chairman Adebayo Ogunlesi disclosed at a Cape Town summit that BlackRock manages $28 billion in South…
Angola and DRC build Africa’s biggest power interconnection
Angola and the DRC are advancing a $1.5 billion, 1,450-kilometre power transmission line to export 2,000 megawatts of surplus Angolan…
Rwanda lands Elsewedy Electric and Schneider at CEO Forum
Rwanda signed investment agreements with Elsewedy Electric for a smart meters manufacturing plant, technical university, logistics hub and Kigali SEZ…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…