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China-Africa Trade Information Service
The country invested a global investment of around MAD 52.1 billion ($5.8 billion). The total investment in development projects is estimated at MAD 53.8 billion ($6 billion).
The Ministry of Electricity has allocated L.E. 640 million to develop the electricity distribution network in Sinai Peninsula as part of the first phase of Egypt’s strategic plan to raise the quality of services for Sinai residents.
The development projects aim to improve infrastructure in Morocco’s rural areas, ensure access to water, electricity, and social services.
The contracts were signed between the Egyptian General Authority for Mineral Resources and Canadian and Egyptian companies, in presence of Minister of Petroleum and Mineral Resources Tarek el-Molla.
Tatu City’s owner and developer, Rendeavour, will collaborate with Konza Technopolis to attract investors to Kenya, Rendeavour’s Executive Vice President Preston Mendenhall, and KoTDA’s CEO Eng John Tanui have jointly announced.
The board of directors of the Moroccan Company of Highways (ADM) recently convened and approved a financing contract for a loan worth €85 Million (MAD 893 million) with the European Investment Bank (EIB).
The developer of this new technology has called on the Nigerian government, public and private organisations for partnership in order to solve the problem of potable water in Nigerian through this technology.
Morocco's government shared estimation regarding the budget the country needs to expand its high-speed rail system.
According to Tilahun Terefe (Eng.), head of the corporation’s rail safety and transport department, the speed limit of the trains has been reduced from 80 km per hour to 50 km per hour due to damages to the railway infrastructure.