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Rooted in Ethiopia’s development strategy and economic reform agenda, the 3rd edition of Big 5 Construct Ethiopia and the inaugural East Africa Infrastructure & Water Expo have officially opened at Millennium Hall in Addis Ababa. Following a ribbon-cutting ceremony, the events were inaugurated by H.E. Mrs. Chaltu Sani, Minister of the Ministry of Urban and Infrastructure. […]
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The construction industry in Nigeria is anticipated to grow at a CAGR of 2.4% between 2024 and 2028 (Source: ABIQ), thanks to the government’s focused infrastructure development strategies and support. Prioritizing economic development, public and private investment in the housing sector, and strengthening external demand, Nigeria’s government is reshaping the industry and the future of […]
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By J.S. Held Africa Advisory In November, the East African Community (EAC) will celebrate its 25th anniversary. Initially established as a three-country club made up of Kenya, Uganda, and Tanzania, the EAC has since grown to an eight-member bloc stretching from the Indian to the Atlantic Ocean. Despite having already experienced rapid expansion, the EAC’s […]
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With African governments committing billions of dollars to infrastructure development, the continent is touted to be entering a 20 to 30-year infrastructure development boom. Infrastructural development is pivotal to all aspects of social and economic transformation. However, inadequate infrastructure remains a major impediment for Africa in realising its full economic growth potential. For instance, a mere […]
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Africa stands at the precipice of unprecedented growth and transformation, and infrastructure development is at the heart of this evolution. The need for robust infrastructure in Africa cannot be overstated, as it holds the key to unlocking the continent’s full potential, fostering economic growth, and improving the quality of life for millions of people. 1. […]
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At The 2nd Annual Infrastructure Research Colloquium Yesterday on 9 April 2024, the Development Bank of Southern Africa held its 2nd Annual Infrastructure Research Colloquium at the DBSA Campus in Midrand. This Colloquium was groundbreaking as it provided a stepping-stone for the creation and launch of a new continental infrastructure journal, the DBSA African Journal of Infrastructure […]
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The OPEC Fund for International Development and the Eastern and Southern African Trade & Development Bank (TDB) are deepening their cooperation with the OPEC’s Fund’s latest commitment of debt and equity totalling USD 40 million. These recent investments in TDB aim to further strengthen the partnership and unlock synergies in support of sustainable development in […]
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The recent successful financial closing of the Beitbridge border post upgrade and modernisation project in Zimbabwe represents a pivotal moment for trade development in Africa. Completed at a cost of US$296 million, the upgrade of one of the busiest border posts on the continent is an outstanding example of what can be achieved through effective […]
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