The World Bank approved $200 million to help the government of Ghana catalyse its digital transformation under the Ghana Digital Acceleration Project.
World Bank to provide $200 million for Ghana Digital Acceleration Project
read more
South Africa released Phase 1 of the National Infrastructure Plan 2050
South Africa’s ministry of Public Works released phase 1 of the National Infrastructure plan 2050. Deteriorating infrastructure, widespread damage from devastating floods and poverty are some of the issues being addressed
UNESCO launches a $45 million renewable project in Zimbabwe
A new USD 45 million renewable energy project for Zimbabwe is scheduled to start this month and run for four years
Ghana’s AWM project will receive €44.7 million from the EU and the FDA
The Agricultural Water Management Project (AWMP) is one of the interventions government facilitated to mitigate the impact of perennial drought, a significant setback impeding the prospects of the agrarian economy in the five Northern regions of Ghana
AfDB and ADFD signs MOU at Dubai EXPO 2020
The African Development Bank and the Abu Dhabi Fund for Development signed a Memorandum of Understanding at the Dubai EXPO 2020
DBSA announced the first debt drawdown for Redstone CSP
The Development Bank of Southern Africa has announced that the Redstone Concentrated Solar Power Project has completed its first debt drawdown.
The IFC has invested $15 million in Egypt’s Algebra Ventures’ Fund II
Algebra Ventures is Egypt’s leading technology venture capital firm. According to its website, it has invested over $300 million in its portfolio companies
Chinese funding dominated Africa’s project market in 2021
Despite disruptions of the COVID-19 pandemic, Africa started construction on more than $160 billion worth of projects in 2021. The Export-Import Bank of China is funding projects worth more than $15 billion that started construction work in 2021.
Project Finance in a Nutshell
Project finance for large infrastructure is widely used in western developed countries. It represented more than $2 trillion of investments globally between 2003-2013; only around 3 per cent of this amount was dedicated to sub-Saharan Africa.
SCHEDULE A DEMO
Would you like to know more about construction project tracking in Africa and the Middle East?
Our team is ready to help.
Get access to trusted and valuable data to inform your business decisions and open opportunities for growth.