Hurghada-International-Airport

Namibia, Botswana to build a 5,000 MW solar megaproject

Namibia and Botswana are working together on a 5,000 MW solar megaproject, Global Future Councils of the World Economic Forum said. Financial institutions such as the African Development Bank (AfDB), the World Bank and the International Renewable Energy Agency (IRENA) are members of the Global Future Councils. The megaproject provides for building both photovoltaic and […]

EU, France pledge €50m investment in DRC’s infrastructure, mining sector

The European Union has launched an initial mobilization of €50m in Democratic Republic of Congo’s (DRC) critical minerals sector and infrastructure projects on the sidelines of the first-ever Kinshasa Economic Forum. The funding was announced at the inaugural Kinshasa Economic Forum, which brought together representatives from the EU, the DRC and France French President Emmanuel […]

Morocco: WB supports Casablanca’s rail projects with $350 Mln funding

The World Bank has approved a $350 million financing package for the Greater Casablanca Mobility & Logistics Hub, which aims to improve services for passenger railways in the Greater Casablanca area. The funding will also support Morocco’s national railway operator – Office National des Chemins de Fer (ONCF) – in managing and expanding railway infrastructure. […]