Brics’ New Development Bank approves six project loans totalling $1.6bn
Multilateral development bank, the New Development Bank (NDB), on Monday held its third yearly meeting of the NDB board of […]
development
Infrastructure development a key driver of South African economy
Infrastructure development is a key driver of South Africa’s growth prospects, with rail and water infrastructure focal areas.
US $71m development will house 45 000 in South Africa
Plans are in motion for a US $71m integrated housing development on the outskirts of Eastern Cape’s Despatch that will provide […]
Over R650m redirected to metros infrastructure development
In response to rapid urbanisation, the forum of Minister and MECs of Human Settlements (MINMEC) has taken a decision to […]
Kenya: Chinese firm to construct industrial park
An industrial park in Kenya is set to be constructed in Movoko, Machakos County by a Chinese Company, Erdemann Property Ltd (EPL). […]
Atterbury’s Pemba Shopping development in Mozambique opens
Atterbury has successfully completed the first-phase development of the USD20 million Pemba Shopping in Mozambique’s port city of Pemba, the […]
Kenya: Japan lends Sh11.8 billion for Mombasa Port, South Coast link roads
By Margaret Njugunah The government of Kenya has received a Sh11.8 billion loan from the Japanese Government to fund the […]
Kenya: ground broken on $145.4m real estate development
Cytonn Investment, a real estate developer based in Kenya recently broke ground on its mixed-use project in Kiambu County’s Ruiru district. […]
Accelerating Innovative Finance, Development & Renewable Solutions for Smart Cities in Africa
The 3rd annual edition of the Urban & Infrastructure Development Conference (UIDC 2017) provides a powerful platform to unlock the […]
Breathing new life into Windhoek’s CBD
Upmarket development in Windhoek’s central business district (CBD) is on the rise and has boosted the revival of this inner-city […]
MEC Vadi frustrated with slow pace of BRT, aerotropolis developments
Gauteng Transport MEC Dr Ismail Vadi has expressed his concern with the slow pace of development of bus rapid transit (BRT) systems in Gauteng, as well […]
JRA spends R14.4m on bridge joints
The Johannesburg Roads Agency (JRA) has, over the last year, invested R14.4-million in the replacement of 42 bridge expansion joints on 16 […]
Zimbabwe bank sets aside US$30m for housing development
Zimbabwe bank-Infrastructure Development Bank (IDBZ) has set aside $30m to cater for housing development across the country. Last year, their request […]
Balwin’s operational excellence delivers solid results
Revenue rose 30% to R2,7 billion Profit after tax up 18% to R661 million HEPS and EPS up 7% each […]
Africa more costly than any other region for developing infrastructure projects
The Benchmark for Investing in African Infrastructure Project Development (I4PD Benchmark) said the risk premium attached to African projects was significantly higher than that of […]
IDT to spend R5-bn on infrastructure development and create thousands of jobs
The Independent Development Trust (IDT) has committed to spending R5-billion during the 2017/18 financial year on development of social infrastructure […]
Private investment key to Gauteng infrastructure development
If Gauteng wants to achieve its objective of becoming a global city region, government must partner with the private sector to deliver infrastructure, […]
South Africa seeks to appeal court ruling on nuclear deal
South Africa’s Department of Energy may appeal the High Court’s judgment on the planned nuclear deal declaring the 2014 agreement with Russia’s […]
AfDB to review development of Senegalese power plant after complaints
The African Development Bank (AfDB) will review compliance eligibility at the €206-million, 125 MW Sendou coal-fired power plant project in Senegal, following several community complaints. Two […]
