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ADB Approves $400 Million Loan to Upgrade Road Connectivity in Maharashtra, India
The Maharashtra Roads Connectivity for Inclusive Growth Program will improve all-weather road connectivity in 34 districts, particularly in the climate-vulnerable and economically lagging Marathwada and Vidarbha regions.
- Categories
- Investing, Transportation
- Region
- Asia Pacific
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Meta Completes 2Africa, the World’s Longest Open-Access Subsea Cable
On key routes, the network is said to offer up to 180 terabits per second (Tbps) of capacity — more than all existing subsea cables serving Africa combined.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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U.S. Backs $150 Million Zipline Expansion to Transform Africa’s Healthcare Delivery
"The U.S. Department of State has approved a $150 million award to Zipline, the world’s largest autonomous logistics company, to support the expansion of its life-saving artificial intelligence-powered drone delivery infrastructure across Africa."
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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African Development Group Group Grants $100 Million Loan to EAAIF to Support Sustainable Infrastructure
The financing, approved by the Board of Directors, will help the Fund attract private investment and support projects in renewable energy, digital connectivity, transport and other key sectors that promote inclusive growth and climate resilience.
- Categories
- Finance
- Region
- Global
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Dangote Extends Continental Dominance, Seals $1 Billion Investment Push in Zimbabwe
Africa’s richest man, Aliko Dangote, visited Harare, Zimbabwe, on Wednesday to formalize plans to invest up to $1 billion in the country, targeting major projects in cement manufacturing, power generation, and fuel transportation infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa’s Mulilo Secures $75 Million from Norfund
The company has been expanding its project pipeline following an earlier investment by Copenhagen Infrastructure Partners.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Secures Additional US $200 Million Senior Debt With Multiple New Lenders to Further Renewable Energy Portfolio Expansion Across Africa
"The transaction will further the construction of CrossBoundary Energy’s renewable energy infrastructure in Africa, providing energy-as-a-service to customers in mining, heavy industry, and telecommunications."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Grants $100 Million Loan to Emerging Africa and Asia Infrastructure Fund
EAAIF aims to invest more than $850 million in infrastructure across Africa and Asia by 2027.
- Region
- Sub-Saharan Africa
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