The African Development Bank Group (AfDB) has approved a corporate loan of ZAR 2.5 billion (approximately $139 million) to the City of Johannesburg Metropolitan Municipality, making it the first time …
Infrastructure
- DevelopmentEnergyFinance & ServicesInfrastructureSouthern Africa
- DevelopmentEastern AfricaEnergyEnvironmentInfrastructurePolitics
Kenya Shifts First Nuclear Power Plant Project to Siaya
Kenya’s plan to build its first nuclear power plant has taken a new direction as the government shifts focus from Kilifi County to Siaya County, following strong opposition from residents …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyEnergyInfrastructureSouth AfricaTransportation & Logisitics
SA Secures $474.6 Million Loan from African Development Bank
South Africa has secured a fresh $474.6 million loan from the African Development Bank (AfDB) to support the country’s ongoing efforts to improve its struggling transport and energy infrastructure. The …
- EconomyFinance & ServicesGOVERNMENTInfrastructureNigeria
National Assembly Extends 2024 Capital Budget to December 2025 Amid Growing Fiscal Concerns
In June 2025, Nigeria’s National Assembly approved another extension of the capital portion of the 2024 national budget, moving its implementation deadline to December 31, 2025. This marks the second …
- AfricaAFRICA NEWSAgribusinessAgricultureHealthcareInfrastructureNewsSouth Africa
SA Weather Service Warns of Severe Cold Fronts, Rain, and Possible Snow
The South African Weather Service (SAWS) has issued a strong weather alert as a series of intense cold fronts are expected to affect parts of the Western Cape and Northern …
- AfricaAFRICA NEWSEconomyEnergyInfrastructureSouth Africa
Eskom Warns of 21 Days Black-Out In South Africa
South Africa could be heading into a tough winter as Eskom warns that the country may face up to 21 days of Stage 2 load shedding if the current rate …
- CrimeDevelopmentGOVERNMENTInfrastructureNewsNigeriaSecurity
Abuja Residents Raise Alarm Over Insecurity Despite Wike’s Infrastructure Drive
The Federal Capital Territory (FCT) is undergoing a massive transformation under the leadership of Minister Nyesom Wike, with many abandoned projects being revived and new ones being initiated, completed, and …
- AfricaAFRICA NEWSAgricultureBanking, Finance & InvestmentBusiness and EconomyEconomyFinance & ServicesGOVERNMENTInfrastructureInnovationSecurity
AID UNCERTAINTY MAY SLOW SOMALIA’S ECONOMY IN 2025 – WORLD BANK
Somalia’s economy maintained strong performance in 2024, with a solid growth rate of 4.0 percent, according to the 10th Edition of the Somalia Economic Update released by the World Bank. …
The Eastern Cape Provincial Government in South Africa has confirmed that a total of 102 bodies have been recovered so far after the deadly floods that hit the province earlier …
- EconomyEnergyGOVERNMENTInfrastructureNigeriaOil & GasPolicies
NNPC Records 14% Profit Increase in May as Oil Production Improves
The Nigerian National Petroleum Company Limited (NNPC) has announced a strong 14 percent rise in its after-tax profit for the month of May 2025, reaching ₦1.054 trillion. This marks a …