The African Development Bank (AfDB) said private sector investment in Africa’s infrastructure in 2020 was 19 billion dollars, the highest since 2016. Mr Solomon Quaynor, AfDB Vice President for the Private Sector, Infrastructure and Industrialisation said this at a webinar organised by the bank and the Japan International Cooperation Agency […]
Day: August 27, 2022
Egypt has signed a $656 million deal with Hyundai Rotem to upgrade Cairo’s Metro and help localise the industry, the Egyptian Ministry of Transportation said on Wednesday. The South Korean company will manufacture and supply 320 cars and 40 trains for the city’s second and third metro lines in the agreement signed […]