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Tag Archives: infrastructure

China’s infrastructure investments spur growth in Africa

NAIROBI | Xinhua | China’s massive infrastructure investments in Africa are driving the continent’s economic growth, an African Development Bank (AfDB) official said Thursday. AfDB Secretary-General Vincent Nmehielle told journalists in Nairobi, the capital of Kenya, that the Asian nation has financed infrastructure projects through bilateral agreements with African countries …

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PPPs needed to bridge Africa’s infrastructure gap

Kampala, Uganda | THE INDEPENDENT  |Public-private partnerships are crucial to closing the financing gap for infrastructure development in Africa, and governments and the private sector should work together to create effective PPPs, said Dr Robert Lisinge, Acting Director of the Private Sector Development and Finance Division at the UN Economic …

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Grand infrastructure projects aren’t a magic bullet for industrial development-Kenya and Ghana

In both cases, improved connectivity failed to catalyse industrialization and instead encouraged land speculation as it opened up new spaces to real estate investment Kampala, Uganda | AGENCIES | The African Union’s flagship Agenda 2063 initiative prioritises large-scale infrastructure development and promises to “link the continent by rail, road, sea and …

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Rubondo inspects Tilenga oil infrastructure ahead of drilling

Hoima, Uganda | THE INDEPENDENT | Earnest Rubondo, the Executive Director of the Petroleum Authority, is currently undertaking a three-day visit to the Tilenga project in the Albertine region, operated by TotalEnergies. According to sources within the Authority, the purpose of Rubondo’s visit to the Tilenga Oil Infrastructure is to assess their readiness …

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KCCA loses UGX 62B in Kampala infrastructure project

Kampala, Uganda | THE INDEPENDENT | A total of 62.3 billion Shillings was lost in foreign exchange for funding allocated to Kampala Capital City Authority – KCCA for the second phase of the Kampala Institutional and Infrastructure Development Programme (KIIDP II). The money equivalent to 17.08 million US Dollars was recorded …

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