Tag: Infrastructure

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

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 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

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 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

Egypt unveils high-speed rail plan to lift tourism

At a Glance Egypt is moving swiftly to modernize its transport infrastructure with a landmark 15-year contract to operate a high-speed electric train network, a move that could reshape both tourism and trade across the country. Signed in November in Cairo, the agreement pairs the National Authority for Tunnels with a global consortium led by Deutsche Bahn International Operations and…

Oluwatosin Alao Oluwatosin Alao

Kenya seeks $1.5 billion Chinese boost for highway upgrades

At a Glance Kenya is set to break ground this Friday on a $1.5 billion highway expansion, partnering with two Chinese state-owned companies in a major effort to modernize its transport infrastructure. The project signals Beijing’s renewed focus on strategic African corridors after a pause in large-scale infrastructure investment.  Officials say the highway initiative will be funded through a mix…

Oluwatosin Alao Oluwatosin Alao