Tag: infrastructure projects
According to the weather agency, the expected rainfall may affect post-harvest handling activities and ongoing infrastructure projects. Nsengiyumva Francois, President of the Chamber of Agriculture at the Private Sector Federation joins CNBC Africa to discuss what cautions farmers are taking to protect their crops against heavy rains.
According to latest data from the Controller of Budget in Kenya 25 of the 47 counties spent nothing on development in the first quarter to September, hurting job creation and infrastructure projects in the devolved units. This is a 45 per cent drop compared to the $34.6 million governors spent on development activities in a similar period a year ago. Also, commercial banks are on course to post another full-year of double-digit growth in profits. Moreover, Kenya’s first green bond started trading on the Nairobi Securities Exchange for the first time. Reginald Kadzutu, Economic Analyst joins CNBC Africa for more.
The Development Bank of Southern Africa has entered into the Rwandan market. The financial institution will be working closely with Development Bank of Rwanda to finance infrastructure projects by both the public and private sectors, with key focus in the transport, energy, utility services and ICT sectors. Head of Coverage: Financial Institutions, SADC Region at DBSA, Mdu Dlamini joins CNBC Africa for more.
The second edition of the #AfricaInvestmentForum, a game-changer to tilt capital flow into the continent
There is an urgent need to bridge the gap between Africa’s available capital and bankable projects. Although brimming with investment opportunities, financing Africa’s development needs will require between $200 billion and $1.2 trillion yearly.
The Central Corridor of the East African Community (EAC) has embarked on various infrastructure projects that aim to facilitate trade in the region. However, lack of financing among other deterrents has been hindering their completion. Dieudonne Dukundane, Executive Secretary of the Central Corridor Transit Transport Facilitation Agency joins CNBC Africa for more.
AfDB approves $98 million financing for road transport corridor project in these two East African nations
The African Development Bank (AfDB) has approved a $98 million financial package for a road transport corridor project in these East African countries.
The Central Bank of Rwanda (CBR) is set to issue another three year maturity period treasury bond early next week in a bid to raise capital to finance infrastructure projects. To discuss the latest T-bond issuance, Celestin Rwabakumba, CEO of the Rwanda Stock Exchange (RSE) joins CNBC Africa for more.
Regional integration holds key to reducing infrastructure costs across EAC but still faces many challenges. CNBC Africa’s Fiona Muthoni had a conversation with Ambassador Claver Gatete, Minister of Infrastructure, Rwanda, on best business models to boost sustainable private sector investment in infrastructure projects.
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