West African ports are vital to the region’s ambitions to emerge as a global energy hub. In this strategic pursuit, international heavyweights such as China and the UAE have stepped forward as key investors.
The Addis-Djibouti corridor will be upgraded as The Horn of Africa Initiative’s Regional Economic Corridor Project receives USD 730 million to transform key trade route.
Africa50 aims to address the critical shortcomings in regional infrastructure in order to create significant growth.
South Africa’s Department of Public Works and Infrastructure has announced projects including new highways and power plants.
DP World will develop the terminal at Somaliland’s most important commercial port and will expand as demand grows.
AD Ports Group and Africa Finance Corporation will work together to identify promising infrastructure projects in Africa.
Urban rail transport can provide a number of societal, environment and economic benefits to the continent if investment is increased, according to a new report.
SANRAL, South Africa’s road agency, is receiving criticism following the awarding of lucrative contracts to Chinese companies.
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El-Molla, recently announced that the country expects to see investments of between USD 7 billion and USD 8 billion in the country’s energy sector in the current fiscal year.