Tag Archives: infrastructure

NAIROBI | Xinhua | China’s massive infrastructure investments in Africa are driving the continent’s economic growth, an African Development Bank (AfDB) official said Thursday. AfDB Secretary-General Vincent Nmehielle told journalists in Nairobi, the capital of Kenya, that the Asian nation has financed infrastructure projects through bilateral agreements with African countries …

Kampala, Uganda | THE INDEPENDENT  |Public-private partnerships are crucial to closing the financing gap for infrastructure development in Africa, and governments and the private sector should work together to create effective PPPs, said Dr Robert Lisinge, Acting Director of the Private Sector Development and Finance Division at the UN Economic …

Nairobi, Kenya | Xinhua | Kenya and South Sudan leaders on Saturday agreed to pursue joint infrastructure projects to boost regional integration and spur trade between the two countries. Visiting South Sudan President Salva Kiir and his Kenyan counterpart William Ruto also signed a Memorandum of Understanding on the establishment of …

In both cases, improved connectivity failed to catalyse industrialization and instead encouraged land speculation as it opened up new spaces to real estate investment Kampala, Uganda | AGENCIES | The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and …

Museveni also boasted about the country’s industrialisation exploits, with factories he said now standing at 226 and over 303 waiting to open Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni is content with the economy’s progress, which he said recovered from a nosedive during the COVID-19 pandemic, and is poised …

Hoima, Uganda | THE INDEPENDENT | Earnest Rubondo, the Executive Director of the Petroleum Authority, is currently undertaking a three-day visit to the Tilenga project in the Albertine region, operated by TotalEnergies. According to sources within the Authority, the purpose of Rubondo’s visit to the Tilenga Oil Infrastructure is to assess their readiness …

Kampala, Uganda | THE INDEPENDENT | The Confederation of African Football (CAF) confirmed on Thursday that it had received a joint bid from Uganda, Kenya, and Tanzania to host the 2027 Africa Cup of Nations (AFCON), the continent’s biggest football event that takes place every two years. Uganda’s Football Federation Association …

China’s outright dominance of Africa’s infrastructure sector is under threat as Turkish construction firms begin to make inroads on the continent to deliver large-scale projects on budget and on time Nairobi, Kenya  | BIRD AGENCY – Seth Onyango | Turkish construction firms are closing in on their Chinese counterparts in Africa’s …

Kampala, Uganda | THE INDEPENDENT | A total of 62.3 billion Shillings was lost in foreign exchange for funding allocated to Kampala Capital City Authority – KCCA for the second phase of the Kampala Institutional and Infrastructure Development Programme (KIIDP II). The money equivalent to 17.08 million US Dollars was recorded …

Addis Ababa, Ethiopia | Xinhua | Albert Muchanga, African Union Commissioner for Economic Development, Trade, Tourism, Industry and Minerals has called for pragmatic interventions to inject dynamism into Africa’s inclusive and sustainable industrialization. The AU commissioner made the remarks at the joint meeting of African ministers in charge of industry and …