African Development Bank Group (AfDB)
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    • Over the next five years, the African Development Bank will invest in cross-border electricity interconnections to strengthen connectivity and increase access to reliable and competitively priced electricity in the East Africa region. The pipeline for regional operations during the first three years of the EA-RISP (2023-2025) is estimated at $1.3 billion
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Source: African Development Bank Group (AfDB) |

The African Development Bank to boost electricity and transport infrastructure, value chain development and trade facilitation to spur regional integration in East Africa in 2023-2027

Investment in the regional electricity trade should enable East African cross-border electricity interconnections to increase from 7 to 9

The African Development Bank (AfDB) ( has committed to supporting East African countries to accelerate structural transformation, reinforce resilience, and create more decent jobs.  This ambition is encapsulated in the Bank's  East Africa Regional Integration Strategy Paper (EA RISP) 2023-2027 ( The strategy paper, approved by the Bank’s Board of Directors…

Source: Republic of South Africa: Department of Transport |

South Africa: Transport on relieve of Passenger Rail Agency of South Africa (PRASA) Chairperson

This follows an investigation by the Entity on the misuse of one of its properties in Cape Town by the Chairperson without due and proper processes being followed

The Ministry of Transport has today announced that Mr Leonard Ramatlakane has been relieved of his duties as a Board Member and Chairperson of the Passenger Rail Agency of SA (PRASA). This follows an investigation by the Entity on the misuse of one of its properties in Cape Town by…

Source: The Presidency: Republic of South Africa |

South Africa sends condolences to India following a train accident in the state of Odisha

President Ramaphosa said the South African Government and people stand in solidarity with those effected by this tragedy and laud the emergency rescue and medical personnel for their tireless efforts

On behalf of the Government and the people of South Africa, President Cyril Ramaphosa has sent a message of condolences to the Government and the people of India, in particular the families of the deceased following the train accident on Friday, 2 June 2023, which claimed the lives of more…

Source: Government of Lesotho |

Lesotho: Government Pledges Support to National Transport Master Plan (NTMP)

The master plan will be tabled before the Cabinet for adoption, support and guidance in respect of the legislative reviews necessary for smooth implementation

The Minister of Public Works and Transport, Mr. Matjato Moteane says the government has pledged to support the National Transport Master Plan (NTMP) initiative as it aligns with the transformative and reformist approach that the government adopted to chart a developmental path of the country. He said this when officially…

Energy Capital & Power
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    • Top 5 Sectors for Foreign Direct Investment (FDI) in Angola
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Source: Energy Capital & Power |

Top 5 Sectors for Foreign Direct Investment (FDI) in Angola

Rich in hydrocarbons, minerals and agricultural land, the Government of Angola has sought to diversify and expand private sector participation in the country’s economy

Angola represents a large market potential for Foreign Direct Investment (FDI), serving as the sixth-largest economy in Africa. The country’s economy is largely driven by its oil sector, which contributes to approximately 50% of its GDP, 70% of Government revenue and over 90% of exports. However, the potential for FDI ( transcends…

Source: Ministry of Foreign Affairs of The State of Qatar |

President of Zanzibar Meets Prime Minister and Minister of Foreign Affairs

During the meeting, they discussed the bilateral cooperation relations between the two countries, and ways to support and develop them

HE President of Zanzibar Dr. Hussein Ali Mwinyi met on Tuesday with HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani on the sidelines of the third edition of Qatar Economic Forum. During the meeting, they discussed the bilateral cooperation relations between the two…

Source: Africa Finance Corporation (AFC) |

Morocco partners with Africa Finance Corporation to advance critical financing for local institutions

The MOU strengthens the partnership after Morocco officially became a member of the AFC in 2021

Africa Finance Corporation (, the continent’s leading infrastructure solutions provider, has signed a Memorandum of Understanding with Morocco’s Ministry of Economy and Finance to provide project development, structuring, and financing solutions for projects in key strategic sectors of renewable energy, transport, natural resources, heavy industries, and telecommunications. The MOU strengthens…

Source: Parliament of the Republic of Uganda |

Uganda: Leader of Opposition in Parliament Mpuuga appeals for bridge on wrecked Masaka highway

He inspected the damaged bridge that connects Gomba to Kalungu district along the Villa-Maria, Kyamulibwa- Kabulasoke Road

The Leader of Opposition in Parliament, Hon. Mathias Mpuuga, has called for an emergency bridge on River Katonga along the Kampala-Masaka Highway until the Uganda National Roads Authority (UNRA) constructs a new one. According to Mpuuga, the provisional arrangement will in meantime support the transport of persons and light merchandise.…

Source: UN News |

Road Safety Week: African Nations Steer towards Reducing Deaths

Increasingly grim accident statistics provided the impetus for action, including two bus crashes in Senegal that claimed 62 lives in January

Traffic accidents are the leading cause of death among African youth, so governments across the continent have resolved to drive in a new unified direction, ahead of Road Safety Week, observed 15 to 21 May. Increasingly grim accident statistics provided the impetus for action, including two bus crashes in Senegal that…

Source: U.S. Embassy in Mozambique |

The United States (U.S.) Government Extends Support to National Road Administration (ANE) with a New Road Reconstruction Project in Cabo Delgado

The attacks, and territorial occupation by ISIS-M have resulted in significant damage and destruction to infrastructure, including transportation in Cabo Delgado province

The U.S. Government, through the United States Agency for International Development (USAID), announced a new grant to support the Government of Mozambique (GRM) in bridge construction and road repairs in the northern province of Cabo Delgado. The focus of this project is to continue with the improvement of the R698…