Infrastructure

African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.

Spiro banks $215m to electrify Africa

Spiro raised $215 million in equity financing on June 1, the largest equity raise in African electric mobility history, backed…

Sudan seals $51m AfDB water deal

Sudan signed a $51 million agreement with the African Development Bank and UNICEF on June 4 to convert three stalled…

Ethiopia lures Kenya’s EV makers north

Ethiopia's target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya's top electric mobility companies…

Ethiopian Airlines confirmed a global competitor

US Ambassador to Ethiopia Ervin Massinga declared on May 26 that Ethiopian Airlines is no longer simply a regional carrier…

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…