The Zanzibari House of Representatives has taken the government there to task over continuous delays and cost overruns in the construction of an urgently needed new international terminal (Terminal II) at Zanzibar's Abeid Amani Karume International Airport.
Tuesday, August 6, 2013
Wednesday, July 17, 2013
[UPDATE 17 JULY 2013] The Arab press is reporting that the Sudanese Government has signed a USD$750million loan, with an as-yet-unspecified foreign bank, to fund the initial construction phase of the capital, Khartoum's, New International Airport. The loan will be repaid over a period of 25 years, beginning after the completion of the project. Other loans secured thus far include a USD$47million loan from the Kuwait Fund for Arab Economic Development signed in July 2010, and another for USD$120million from the Jeddah-based Islamic Development Bank (IDB) signed in May 2010.
Monday, July 8, 2013
■ CHINA: Sierra Leone Government finalizes $8billion worth of infrastructure projects including new airport for Freetown.
Sierra Leonian president, Dr Ernest Bai Koroma, finalized a USD300million deal with the China Railway International Company for the construction of a new international airport to serve Freetown during his recent week-long trip to China. The airport forms part of a group of investments totalling USD8billion China is set to make in the impoverished West African state.
Sunday, April 14, 2013
[UPDATE 14 APRIL] After the horrific aftermath of the genocide of 1994, Rwanda's economy has risen from the ashes to become one of Africa's most dynamic and fastest growing, registering at least 8 percent GDP growth in the past 5 years, with 6.9% growth projected for 2013. As part of its Vision 2020, amongst whose aims is to transform the country from a subsistence-farming based economy into a middle-income (>USD900/month) services hub, the Rwandan Government has moved to develop a vibrant private sector by investing in Roads, Rail and water transport infrastructure with the ultimate aim of dramatically reducing the cost of transport to businesses and individuals. Of the several large infrastructure projects proposed, the most economically far reaching is a new airport, Bugesera International Airport, to be built outside of the capital, Kigali.
Saturday, February 2, 2013
Not to be outdone by its neighbour Liberia, the Sierra Leone Government is to move ahead with the first phase in the construction of a new USD198million Freetown International Airport, following the signing of a contract between the Government of Sierra Leone through the Ministry of Transport and Aviation and the China Railway International Company in December last year. Financing is to come from the Chinese Export-Import Bank (EXIM Bank).
Sunday, January 13, 2013
The upgrading and expansion of the Togolese capital, Lomé's, l’Aéroport International Gnassingbé Eyadèma (AIGE), also known as Lomé-Tokoin Airport, is progressing with work nearing 80% completion. The project, funded by the Chinese Export-Import Bank (ExIm Bank) to the tune of USD150million and using the China Airport Construction Group Corporation (CACC) and WIETEC, aims to transform Lomé into a "sub-regional transport hub."
Monday, November 5, 2012
Ethiopia's Prime Minister, Hailemariam Desalegn, has given the go ahead to the Ethiopian Airports Enterprise to proceed with plans for a new Addis Ababa international airport, to be constructed near the town of Modjo.
Sunday, October 28, 2012
■ NIGERIA: (Pics) New General Aviation Terminal in Lagos opened but legal battles over its concessions still loom.
Nigeria's Secretary to the Government of the Federation, Senator Anyim Pius Anyim, last Monday officially opened Lagos's Murtala Mohammed Airport's newly remodelled domestic terminal popularly called the General Aviation Terminal (GAT), built at a cost of USD4.1million.