Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
Mozambique signs $537m US compact that survived Trump cuts
Mozambique signed a $537.5 million MCC Compact II with the US on April 30 covering coastal resilience, rural transport and…
Ghana plans 1,200MW plant after Akosombo fire crisis
Ghana's President Mahama announced on May 2 that construction will begin before end-2026 on a state-owned 1,200-megawatt gas power plant,…
AFC lines up $3-5bn for Lobito corridor rail build
The Africa Finance Corporation is assembling a $3 to $5 billion financing coalition including Citi, Standard Bank, Absa and Ecobank…
Eskom plans R343bn capex after 320 load-shedding-free days
Eskom plans R343 billion in capital expenditure over five years, targeting 70% energy availability, 5,500MW of new renewables and profit…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…