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Nigeria-Benin Rail Line Underway as Experts Discuss West African Infrastructure Projects

A standard gauge rail line stretching from Parakou in Benin Republic will terminate in Ilorin, central Nigeria, upon completion, as part of a budding infrastructure rebirth aimed…
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Kenya the 15th most attractive investment destination in Africa

According to the research by Quantum Global, Kenya’s rate of economic growth is on track to exceed the average for sub-Saharan Africa for the eighth year in a row. This growth…
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Expansion on the horizon for north African Ports

Investments in North African ports are delivering on numerous fronts. Felicity Landon reports From West to East, the contrasts in fortunes and focus at North Africa's ports could…
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Ghana woos African investors

Mr Joe Ghartey, the Minister of Railways Development, has urged African investors to invest in the development of infrastructure in Ghana, where the security and fruitfulness of…
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Sub-Saharan Africa economic growth to recover slightly in 2017: IMF

Economic growth in sub-Saharan Africa should recover slightly to 2.6 percent this year after a more than two-decade low in 2016 as commodity exporters faced lower prices, the International…
Pretoria — With the African continent continuing to battle poor infrastructure, Africa must mobilise domestic savings and capital markets to invest on deals on the continent, says…
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Kenya-Uganda, AfDB finances upgrading and construction of roads to connect the two countries

The African Development Bank Group (AfDB) approved USD 253.0 million of loans to the Governments of Kenya (USD 147.3 million) and Uganda (USD 105.7 million) for the upgrading of…
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Our Port Will Be The Trans-shipment Hub In West Africa–GM of Sierra Leone Ports Authority

The General Manager of Sierra Leone Ports Authority, Abubakarr Bangura has brought about a lot of development reforms, amist severe challenges he inherited. Core operations have…
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China's Belt & Road Initiative golden opportunity for Africa

The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy…
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South Africa: Transnet seeks private sector investment

The privatisation of the country’s ports, railways, roads and other transport infrastructure has proved a thorny issue in South Africa over many years. Attempts to encourage…
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World Bank emphasizes infrastructure in new Africa Pulse forecasts

Economic growth in sub-Saharan Africa is showing signs of recovery, the World Bank said Wednesday, but regional growth in 2017 is still projected to reach a comparatively weak 2.6 percent. Seven…
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Tanzania to Access USD 2.4 Billion from World Bank

The World Bank Group announced that Tanzania will access up to USD 2.4bn in concessional financing over the next three years, an increase of half a billion dollars over previous…