ABUJA, Nigeria, August 1, 2025/ — The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). Headlining the ceremony, to be held 2 August 2025 in Ijaiye, Akinyele Local Government Area, will be Nigeria’s Vice President, Kashim Shettima, African Development Bank Group head, Dr. Akinwumi A. Adesina, and Oyo State Governor, Engr. Seyi Makinde, alongside senior government officials, development partners, and private sector leaders. The SAPZ Programme is…
Category: Infrastructure
Nigeria: African Development Bank to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo State
ABUJA, Nigeria, August 1, 2025/ — The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). Headlining the ceremony, to be held 2 August 2025 in Ijaiye, Akinyele Local Government Area, will be Nigeria’s Vice President, Kashim Shettima, African Development Bank Group head, Dr. Akinwumi A. Adesina, and Oyo State Governor, Engr. Seyi Makinde, alongside senior government officials, development partners, and private sector leaders. The SAPZ Programme is…
KenGen Cancels and Reopens Tender for $247.5 Olkaria VII Geothermal Plant Consultancy Work
First Published on Jun 23, 2025 by M Kubwa,Construction Review Kenya’s state-owned electricity generator KenGen has been ordered to cancel a tender worth millions of shillings for the Olkaria VII Geothermal Plant Consultancy Work. This tender was awarded to an Italian company for consultancy services of the upcoming $247.5 million Olkaria VII Geothermal Plant. Reason for the Cancellation of Olkaria VII Geothermal Plant Consultancy Work Tender The Public Procurement and Regulatory Authority tribunal ruled out the the power producer company had unfairly awarded the tender to ELC Electroconsult SPA. ELC Electroconsult SPA…
Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport
ABIDJAN, Ivory Coast, March 25, 2025/ — The African Development Bank (www.AfDB.org) and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth. Chief Executive Officer of Ethiopian Airlines Group Mesfin Tasew Bekele signed the Letter of Intent with African Development Bank Vice President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo,…
For a successful integration, Africa needs an operating system update (By Amadou Hott)
DAKAR, Senegal, February 19, 2025/ — Senegal’s official nominee for the position of President of the African Development Bank, Former Minister of Economy and planning, Senegal (www.AmadouHott.com). Ask any traveler about their experience moving across parts of Africa, and you will likely hear about familiar challenges: high costs, indirect routes, and unpredictable schedules that can make even the simplest journeys more complicated and costly. These travel hurdles highlight the immense opportunity to further strengthen Africa’s integration and unlock seamless connectivity across the continent. The potential is undeniable. According to the…
African Development Bank expands urban support program to six new cities
TUNIS, Tunisia, June 26, 2024/ — The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.co/4exYmAh) has expanded its African Cities Program to cover six new cities across the continent. The expansion, approved by the Fund’s 13th Oversight Committee, will help bolster urban development and address critical challenges faced by rapidly growing African cities. The newly included cities are: Kolwezi, the Democratic Republic of Congo: mining town grappling with rapid urban growth and environmental issues. Grand Nokoué, Benin: an economic hub with over two million inhabitants. Buffalo City, South Africa:…
Energy for Growth in Africa Initiative Unveiled
By.Mohammed A.Abu The decades long delay in fulfilment of pledges made by the Global South towards climate change impact funding in the Global North hasn’t helped the course of the global transition from fossil fuels derived energy to renewable energy as global warming and climate change impact bites deeper. Indeed, lack of external affordable funding for renewable energy projects in both the public and private sectors of countries in the Global South with particular reference to Africa, the world’s most energy poor continent, has since given rise to the legitimate…
Africa Finance Corporation’s year of impact sees major expansion of projects and investment
LAGOS, Nigeria, April 8, 2024/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors that are central to Africa’s structural transformation and sustainable development. Landmark initiatives include Djibouti’s first wind farm, with AFC as lead…
Construction begins on world’s largest solar tower, Delingha solar, China
First Published, Mar 29, 2024 by nathan Construction has begun on the world’s largest solar tower, a 200 MW project in western Haixi, China. Undertaken by Power China Northwest, the Delingha solar hybrid tower was invested by CGN New Energy and will be constructed in two phases. Each phase consists of 800 MW of PV and 200MW CSP. At the moment, it’s the CSP part of the first phase of the project that started the construction. It is also the world’s largest solar tower CSP project in single-unit capacity under construction. How the plant…
About Undersea Cable disruptions adverse Impact on Data Services
…….As They Meet NCA in Accra for Further Updates Story: Mohammed Abu The subsea cable landing service providers have remotely identified the approximate locations of the damage and have made preparations to dispatch repair vessels to the location for physical assessment and restoration. Based on that, the subsea cable landing service providers have indicated an estimated time frame of a minimum of five (5) weeks for full service restoration from the time the vessels are dispatched to the various locations. This was disclosed in a Press Release issued in Accra,Saturday,by…