Browsing: EAC infrastructure projects

Kenya ranked top in Africa for Geothermal power generation

Governments in the East African region have placed their bets in investing in infrastructure in a bid to increase their competitiveness and reach their full potential. In the last two decades the region has invested heavily in infrastructure including broader connectivity, electricity connection, and airport expansion among other mega projects. 

One of the major investment partners in these projects is the African Development Bank (AfDB). The AfDB has poured in billions of dollars in the form of grants and loans as it seeks to help establish the robust infrastructure needed to realise the region’s economic promise.  

Over the years, the AfDB has intervened to support the region’s development efforts As of 2012, total approved national and regional operations amounted to nearly $16.21 billion.  

The Bank’s interventions have consisted of a mix of investment projects, capacity-building, and technical