Category: Infrastructure
Export-Import Bank of China Loan to Boost Trade Finance in Africa
By Abdi Ali Published September 26, 2023 Africa Finance Corporation (AFC) has signed a three-year US$300 million loan facility agreement with Export-Import Bank of China (CEXIM) that is expected to drive increased trade finance and investment across Africa and foster economic growth and development. The two institutions have collaborated since 2018, with AFC receiving US$400…
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How Manufacturers Can Maintain Production Line Integrity in the Face of Cyber-Physical Attack
By Abdi Ali Published September 3, 2023 How Manufacturers Can Maintain Production Line Integrity in the Face of Cyber-Physical Attack is the title of a webinar for manufacturers around the world as cyberattack incidents targeting operational technology and industrial control systems continue to rise at an exponential rate. The webinar, scheduled for September 7, 2023…
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Africa Finance Corporation’s Investment to Transform Petroleum Product Transportation
By Africa Finance Corporation Published August 15, 2023 Africa Finance Corporation (AFC) has invested US$95.25 million in Mahathi Infra Uganda Limited to finance the construction of two self-propelled barges for operation on Lake Victoria, providing a more efficient and less carbon intensive alternative to traditional trucking. The financing will also support enabling infrastructure including 14…
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Pan African Bank Supports Rwanda’s Water and Sanitation Reforms
By Abdi Ali Published July 21, 2023 Rwanda has received a US$101 million loan from African Development Fund to support its water and sanitation sector. Rwanda Sustainable and Resilient Water and Sanitation Programme aims to improve access to basic water supply and sanitation services. It will also strengthen legal, policy, institutional and regulatory frameworks for…
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Djibouti Launches Study on Urban Infrastructure and Climate Adaptation
By Khalifa Hemed Published June 18, 2023 Djibouti in collaboration with African Development Bank (AfDB) has launched the Integrated Urban Infrastructure and Climate Adaptation Study Project. The study, according to AfDB, is expected to lead to a road map for improving access to resilient urban infrastructure and basic services besides building institutional capacity for inclusive…
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African Development Bank-Funded Project Boosts Universal Access to Water in Rwanda
By African Development Bank Published June 18, 2023 Esther Mukantwali of Rwangara Village in Bugesera District, about 18 km south of Rwanda’s capital, Kigali, used to wake up at 3:00 in the morning to trek for an hour to fetch water from a swamp. The story is the same for 18-year-old Umuhoza Francine who lives…
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