News | Infrastructure news - Part 787

News

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US to invest in African energy infrastructure

A new United States bill will support increased US investment in Africa’s development and growth, with the goal of giving more than 50 million Africans access to reliable energy supplies. The US House of Representatives recently passed the...
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China and AfDB announce $2 billion financing fund

The African Development Bank (AfDB) and the People’s Bank of China (PBOC) have entered into a US $2 billion co-financing fund to finance eligible sovereign and non-sovereign guaranteed development projects in Africa. The fund, which will be known...