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African Development Bank Group (AfDB)

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    • The African Development Bank is contributing to improving Cameroon’s road network to neighbouring Chad to ensure real integration in Central Africa
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Source: African Development Bank Group (AfDB) |

Cameroon: a loan of EUR 330 million from the African Development Bank to improve the performance of the Douala-Ndjamena economic corridor

The funds, EUR 318.24 million and EUR 12.24 million, are for the implementation of the fourth phase of the Transport Sector Support Program

The Board of Directors of the African Development Bank Group (www.AfDB.org) this week approved two loans to Cameroon designed to radically improve transport links with neighbouring Chad with major economic benefits to both countries. The funds, EUR 318.24 million and EUR 12.24 million, are for the implementation of the fourth…

African Development Bank Group (AfDB)

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    • The road corridor project supported by the African Development Fund will contribute to the economic and social integration of southern Madagascar by opening up the region
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Source: African Development Bank Group (AfDB) |

Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade

A significant part of the project involves reconstructing the Manombo bridge and creating two new two-lane bridges spanning 460 meters to enhance road connectivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted on 11 December 2024 in Abidjan, will support the third phase of a major infrastructure project to improve trade…

African Development Bank Group (AfDB)

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    • Financial support from the African Development Bank will help to improve the road network and open up two major regions of the country
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Source: African Development Bank Group (AfDB) |

Eswatini: African Development Bank approves a loan of over $140 million to open up two major regions with road infrastructure project

The new road surfaces will be adapted to climate change, enabling all-weather transportation locally and the wider area

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $140.6 million to Eswatini for the first stage of a programme to improve road links and mobility at national and regional level in both urban and rural areas and create at least 200 jobs.…

African Development Bank Group (AfDB)

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    • The loan from the African Development Bank will enable Transnet, which employs over 50,000 people, to continue to play an essential role in the South African economy
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Source: African Development Bank Group (AfDB) |

African Development Bank Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility

The African Development Bank (www.AfDB.org) has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is the first in a series of four tranches planned for an unparalleled financing arrangement to support Transnet’s business’s…

African Development Bank Group (AfDB)

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    • For Burkina Faso and Mali, two landlocked countries located in West Africa, asphalting road corridors is essential for access to seaports
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Source: African Development Bank Group (AfDB) |

African Development Fund approves over €156 million for upgrase of cross-border roads connecting Burkina Faso and Mali with Côte d'Ivoire

A total of 242 km of road will be revamped in the two countries courtesy of funding from the Bank Group's concessional window and the Transition Support Facility

The Board of Directors of the African Development Fund (https://apo-opa.co/4f9eBTb) approved loans totalling €156.66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the two landlocked West African countries to Côte d'Ivoire. A total of 242 km of road will be…

Africa Finance Corporation (AFC)

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    • AFC's President & CEO, Samaila Zubairu, engages with U.S. President Joe Biden, DRC President Félix Tshisekedi, Zambian President Hakainde Hichilema, and Angolan President João Lourenço in pivotal discussions on the transformative Zambia-Lobito Rail project
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC)-led Zambia Lobito Rail Project receives boost from Biden visit to Angola

The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government

Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for Zambia-Lobito greenfield rail AFC announces MOU with Kobold Metals as anchor client, guaranteeing at least 300,000 tons of copper and related freight per year AFC pledges…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

President Akufo-Addo Commissions Tema Motorway Interchange Phase II

On 19th November, Ghanaians celebrated the opening of the Flowerpot Interchange, followed closely, on 29th November, by the Obetsebi Lamptey Interchange

Connectivity between the two metropolitan areas of the Greater Accra region and the Eastern and Western frontiers of the country received a huge boost today following the commissioning of the second Phase of the Tema Motorway Interchange.  The third interchange that President Akufo-Addo has commissioned in just two weeks. On…

State House Sierra Leone
Source: State House Sierra Leone |

Sierra Leone’s President Julius Maada Bio Commissions Transit Transport Terminal And Traffic Signals To Transform Urban Mobility

The newly commissioned terminal is designed to promote safety, sustainability, and inclusivity, particularly for persons with disabilities

President Dr. Julius Maada Bio has officially commissioned a transit transport terminal and traffic signal system as part of the USD $52 million Integrated and Resilient Urban Mobility Project (IRUMP). This landmark initiative, funded by the Government of Sierra Leone and the World Bank, is designed to modernize urban transport,…

Economic Community of West African States (ECOWAS)
Source: Economic Community of West African States (ECOWAS) |

Economic Community of West African States (ECOWAS) Air Transport Ministers Endorse Regional Strategy to Remove Taxes from Air Transport and Reduce Charges By 25%, Effective January 1, 2026

The discussions centred on developing concrete strategies and common policies to lower air travel costs, which are currently among the highest globally

Air Transport Ministers from the Economic Community of West African States (ECOWAS) convened in Lomé, Togo, to address the pressing challenges of high air transport costs and to fortify aviation security across the region. The ministers also considered a proposal for compensation to passengers in the case of excessive flight…

VistaJet

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    • VistaJet Continues Expansion Plans in East and South Africa
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Source: VistaJet |

VistaJet Continues Expansion Plans in East and South Africa

The African Roadshow Reaffirms Commitment Towards the Region’s Economic Development 

VistaJet (www.VistaJet.com), the world’s first and only global business aviation company, is set to organize its first-ever East and South Africa Static Display Roadshow, showcasing its flagship aircraft, the Bombardier Global 7500. The event will commence in Kenya’s capital, Nairobi, followed by a landing in South Africa’s top business centers,…