Browsing: Infrastructure projects

Morocco LGV High Speed TrainAl Boraq Fastest Train in Africa and 6th in the world.Image Source MWN
  • IFC and the Sovereign Fund will identify high-impact infrastructure projects in strategic sectors in Morocco.
  • They will work closely with stakeholders to structure them into viable projects, respecting the best environmental, social and governance standards.
  • IFC will also support the establishment of an Infrastructure sub-fund of the Mohammed VI Fund for Investment open to Moroccan and international partners.

A cooperation between the Mohammed VI Fund for Investment and the IFC has been established to find and fund sustainable infrastructure projects in Morocco.

One of the most important segments of the Moroccan economy is the infrastructure industry. Large capital investments are necessary, necessitating more private sector investment alongside public investment.

Infrastructure projects in Morocco

In accordance with this agreement, the Sovereign Fund and IFC will find high-impact infrastructure projects in Morocco industries.

“IFC is supporting the Government of Morocco to mobilise private investment in the infrastructure sector. This new partnership signed …

Bank of Windhoek
  • A finance-focused panel at the 2023 Namibia International Energy Conference explored new pathways to financing and developing capital-intensive African energy and infrastructure projects.
  • As global financial institutions continue to reduce or eliminate fossil fuel lending, emerging producers such as Namibia are seeking to drive local and regional financial participation in capital-intensive projects and trade infrastructure.
  • In addition to leveraging foreign investment as an end within itself, panelists discussed how the sector can leverage foreign support as a means of creating local capacity through regional debt and credit-support instruments.

Namibia is looking to increase local investment in large-scale energy projects moving forward, a panel at the 2023 Namibia International Energy Conference, has concluded. 

Under the theme, “Financing Energy & Power Projects: Trends, Outlook & Forecast,” a strategic panel examined how the southern Africa country can finance massive projects and structure deals that benefit regional economies. 

As global financial institutions continue to

Construction has experienced a boom in the past 2 decades in East Africa. The construction sector is among the hardest hit at 70 per cent as the coronavirus continues on its rampage

In 2017, 11 of the 43 major infrastructure projects in East Africa were in Kenya and while these numbers may have shifted, the dynamics have not changed much for the region.

For the past 20 years, East Africa has experienced an unprecedented real estate boom which has transformed the skylines changing the building landscape and inventory.

While the demand continues, especially for affordable housing targeting the low-income bracket, the shopping malls and office spaces are outpacing demand leading to declining returns in the sector for some.

The East African region still has a high and unmet demand for warehouses, hotels and student hostels as more and more students continue seeking education far from home.

Read: Intra-regional trade could create 2 million new jobs for East Africa

Over the course of time, construction has primarily focused on high-end assets due to the belief that they delivered higher margins and higher returns …

DRC welcomes General Electric infrastructure agreement

The Democratic Republic of the Congo (DRC ) and General Electric (GE) announced the signing of a Memorandum of Understanding (MoU) in infrastructure projects that will see the increase in health modernisation programmes and the supply of electric energy.

Under the MoU, General Electric will work with the government of DRC to look into power solutions that will increase electricity in the country’s power grid and benefit thousands of homes.

General Electric will also work with the ministry of health for the modernisation of the Congo’s health system at the primary, secondary and tertiary levels. It will look into the infrastructures and equipment for maternal and child health, oncology and cardiology.

Also Read: Dalbit bags US$7.9 million WFP Jet fuel tenders in Uganda and DRC

According to the agreement, there will be focus on training and capacity building of local talent for the sustainability of the initiatives.

“Partnership with governments …