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Egypt wants $500m from World Bank

By: African News Agency      11th July 2018 Egypt’s Ministry of Investment and International Cooperation has held discussions with the World Bank for an additional $500-million loan for the country’s social housing projects targeting low-income households, according to an official ministry statement. The discussions were held on Tuesday... 

AfDB to support Mozambique rail project with $300m

By: Megan van Wyngaardt     20th December 2017 The African Development Bank (AfDB) is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the $5-billion Nacala corridor rail and port project, supporting the project with $300-million from its private sector window. After years of financial... 

Panama Canal expansion project

By: Sheila Barradas     18th March 2016 The testing of the Atlantic-facing Agua Clara locks’ water-saving basins has been completed. 

Panama Canal expansion project

By: Sheila Barradas     22nd January 2016 The Panama Canal is another step closer to opening this year. 

Panama Canal expansion project

By: Sheila Barradas     2nd October 2015 The expansion project has reached 93% completion. 

Panama Canal expansion project

By: Sheila Barradas     26th June 2015 The canal expansion programme has begun filling the Cocolis’ locks, on the Pacific side, following a similar and successful endeavor on the Atlantic side earlier this month. 

Panama Canal expansion project

By: Sheila Barradas     19th June 2015 The Autoridad del Canal de Panamá has begun to fill the lower chamber of its new Atlantic locks.  

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