Tag: Infrastructure

Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports
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Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Kenya is investing $92.7 million in a Mombasa special economic zone expected to create 10,000 jobs and boost manufacturing and exports.

Oluwatosin Alao Oluwatosin Alao
South Africa's National Treasury
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South Africa lands $349 million international funding to reform municipal utilities

South Africa municipal reform funding totals $349 million as Germany and France back city infrastructure and essential services.

Timilehin Adejumobi Timilehin Adejumobi
Saint Anne Seychelles
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Seychelles plans $2 billion wealth fund to fix roads and fund hospitals

Seychelles is launching a $2 billion sovereign wealth fund to upgrade critical infrastructure and healthcare amid a stabilizing economic outlook.

Omokolade Ajayi Omokolade Ajayi
Eskom transmission lines carrying electricity across South Africa’s power grid.
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South Africa pushes $16.5 billion in public works to revive stalled economy

South Africa plans to offer $16.53 billion in public works projects for private bidding to rebuild infrastructure and revive economic growth.

Omokolade Ajayi Omokolade Ajayi
Citibank
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Uganda seeks up to $242 million from Citibank for infrastructure projects

Uganda seeks a $242 million Citibank loan to upgrade major roads in the east as rising debt-service costs put pressure on government finances.

Oluwatosin Alao Oluwatosin Alao
South Africa takes SADC chair as regional trade and growth slow
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South Africa takes SADC chair as regional trade and growth slow

South Africa takes the SADC chair as trade barriers, weak growth and falling manufacturing challenge regional economic integration.

Oluwatosin Alao Oluwatosin Alao
Port of Cape Town
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Port of Cape Town ranks last globally, sparking urgent privatization push

Cape Town urges Transnet reforms after Port of Cape Town ranks last in global index amid delays, equipment failures, and trade concerns.

Omokolade Ajayi Omokolade Ajayi
Kainji Hydro Power Plant Kainji Dam, located in Borgu LGA of Niger State.
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New project at Nigeria’s Kainji dam aims to stabilize power grid

Mainstream Energy begins a critical Kainji expansion to inject 220 megawatts into Nigeria's grid, targeting a reduction in blackouts.

Omokolade Ajayi Omokolade Ajayi
Alvarez & Marsal expands in Africa as global investors target growth
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Alvarez & Marsal expands in Africa as global investors target growth

Alvarez & Marsal has opened its first office in Africa in Cape Town, marking an expansion into a region drawing increased attention from global investors. The advisory firm is targeting opportunities in infrastructure, mining, and energy as demand rises for projects linked to the energy transition and industrial growth.  The move comes as investors reassess Africa’s long-term investment outlook, driven…

Oluwatosin Alao Oluwatosin Alao
Uganda's Standard Gauge Railway (SGR)
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Uganda eyes first Sukuk to fund $3.2 billion railway expansion

Uganda plans its first sovereign sukuk to fund a $3.2 billion railway linking Kampala to Mombasa, boosting East African trade.

Timilehin Adejumobi Timilehin Adejumobi
The Spine
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7 mega projects powering Egypt’s economic shift in 2026

Egypt’s 2026 mega projects are accelerating investment, jobs, and infrastructure growth, reshaping its economic trajectory.

Timilehin Adejumobi Timilehin Adejumobi
Algeria 600-mile railway
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Algeria opens 600-mile railway to develop major iron ore deposit

Algeria launches a 600-mile railway to unlock the vast Gara Djebilet iron ore deposit and diversify its economy.

Timilehin Adejumobi Timilehin Adejumobi