Infrastructure
African infrastructure news: ports, railways, roads, airports, power plants, telecoms networks, and major construction projects across the continent.
Ruto wins Sh20.7bn EU digital deal
President Ruto secured Sh20.7 billion ($160 million) in EU digital investments during his Brussels visit on June 8: Sh15.3 billion…
Dangote refinery powers past 700,000bpd
The Dangote Petroleum Refinery has validated crude processing capacity of 700,000 barrels per day, surpassing its 650,000 bpd nameplate design…
Museveni: Uganda will hit 50,000MW
Museveni's June 4 State of the Nation Address set a target for Uganda to expand electricity generation to 50,000 megawatts,…
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…
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…