Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
Dangote pledges 650,000 bpd refinery for East Africa
Aliko Dangote pledged at the AFC summit in Nairobi to build a 650,000 barrel-per-day oil refinery in Tanga, Tanzania, identical…
AFC summit: Africa has $4 trillion, not enough pipes
The Africa Finance Corporation's inaugural Africa We Build Summit in Nairobi on April 23 and 24 unveiled a $45.8 billion…
Nigeria signs $1.3bn alumina refinery deal
Nigeria's Solid Minerals Development Fund and the Africa Finance Corporation signed a $1.3 billion MOU in March covering an alumina…
Nigeria gets $900m MDB backing for fibre rollout
Nigeria's Project BRIDGE has secured $900 million in MDB commitments from the AfDB, World Bank and EBRD as part of…
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…