AfDB commits $100M to Emerging Africa Infrastructure Fund

The African Development Bank (AfDB) has committed to invest $100 million in the Emerging Africa Infrastructure Fund (EAIF), a private-public partnership company managed by Investec Asset Management. The funding aims at reducing infrastructure deficit in sectors that are key to the continent’s development; that includes electricity, transport and manufacturing. Present in Africa since...

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AfDB commits $100M to Emerging Africa Infrastructure Fund

The African Development Bank (AfDB) has committed to invest $100 million in the Emerging Africa Infrastructure Fund (EAIF), a private-public partnership company managed by Investec Asset Management. The funding aims at reducing infrastructure deficit in sectors that are key to the continent’s development; that includes electricity, transport and manufacturing. Present in Africa since...

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AfDB disburses €71 million to build a 714 km power line linking Guinea and Mali

The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a better access to electricity. Marie-Laure Akin-Olugbadé, assistant general manager of the AfDB in...

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AfDB disburses €71 million to build a 714 km power line linking Guinea and Mali

The African Development Bank disbursed more than €71 million for the construction of a 714 km high voltage power line. The infrastructure which will link N’Zérékoré (Guinea) and Sanankoroba (Mali), will enable the electrification of 201 villages and provide a better access to electricity. Marie-Laure Akin-Olugbadé, assistant general manager of the AfDB in...

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African Development Bank to pump in $77 million to link Cameroon and Chad

The African Development Bank (AfDB) will disburse €66 million (more than $77 million) for the construction of a bridge linking Cameroon and Chad. This was announced by AfDB on Monday, December 11, 2017. The 620m bridge which will link Yagoua (Cameroon) and Bongor (Chad) will be built over a period of 4 years....

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Namibia: US$153 million approved for rail and road works

The Board of the African Development Bank has approved a US$153 million loan for Namibia to upgrade a 210 km stretch of railway in the west of the country. The support will also finance the upgrade of a section of the road from the capital of Namibia, Windhoek, to its international...

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Fourth African Development Bank loan targets key transport infrastructure bottlenecks

The African Development Bank (AfDB) announced on Thursday 14 December it has approved another N$2 billion loan facility for Namibia to upgrade the railway line between Kranzberg and Walvis Bay, and to turn the Windhoek to Hosea Kutako International Airport road into a dual carriageway with an option for a...

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Fourth African Development Bank loan targets key transport infrastructure bottlenecks

The African Development Bank (AfDB) announced on Thursday 14 December it has approved another N$2 billion loan facility for Namibia to upgrade the railway line between Kranzberg and Walvis Bay, and to turn the Windhoek to Hosea Kutako International Airport road into a dual carriageway with an option for a...

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