Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
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…
BP enters Namibia with 60% Walvis Basin stake
BP has agreed to acquire a 60% operating interest in three Walvis Basin exploration blocks in Namibia from Eco Atlantic…
MTN buys back its towers in $6.2bn deal
MTN Group agreed to acquire the 75% of IHS Towers it did not already own in an all-cash deal valuing…
Novastar closes $147m Africa fund with Japan capital
Novastar Ventures has closed its Africa People and Planet Fund III at $147 million with major Japanese institutional backers including…
