AfDB props up capacity building for African infrastructure
The African Development Bank (AfDB) and the African Union Commission (AUC) Wednesday signed an accord, worth US$ 8.9 million, as capacity building grants for projects aimed at Africa’s physical and economic integration.
The Bank’s Vice President, Charles Boamah, and the AUC Deputy Chairperson, Erastus J. O. Mwencha, initialled the deal here, noting that the grant would specifically support implementation of the Priority Action Plan under the Programme for Infrastructure Development in Africa (PIDA).
Read more: AfDB props up capacity building for African infrastructure
Africa's road-building frenzy will transform continent
AFRICA is embarking on a road-building spree. Ahead of the pack are mining organisations, largely funded by China, which have flooded into the continent over the last decade and need ways to transport materials. But also afoot is a larger, pan-African effort to upgrade and expand the continent's highway network, as well as building many more smaller connecting roads.
The result will be a vast continental transformation with the potential to improve access to education and healthcare – and connect Africans to each other, enabling commerce.
Read more: Africa's road-building frenzy will transform continent
Dangote Cement Unveils Huge Growth Plans
DANGOTE Cement outlined massive expansion plans that would culminate in the firm becoming the continent's largest supplier of the product in the coming years.
The company, owned by Africa's richest man Aliko Dangote, said to be the richest man in the continent, plans to commission plants in several countries thereby 50 million tonnes per annum (mta).
Savannah Cement appoints first CEO
DANGOTE Cement outlined massive expansion plans that would culminate in the firm becoming the continent's largest supplier of the product in the coming years.
The company, owned by Africa's richest man Aliko Dangote, said to be the richest man in the continent, plans to commission plants in several countries thereby 50 million tonnes per annum (mta).
