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Roughly 86% of the project will be financed by the African Development Fund. (Image source: Adobe Stock)

The board of the African Development Fund (ADF) has approved a loan of US$71.5mn to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity

The project has led to the creation of 300 direct and indirect new jobs. (Image source: AfDB)

The African Development Bank-funded Mzuzu-Nkhata Bay road is one of Malawi’s safest roads, according to the project’s completion report

The villagers will now be able to smoothly carry out their economic and social activities through a sure road. (Image source: Steve Buissinne/Pixabay)

The South West Development Authority (SOWEDA) has linked Bokwaongo, Bwassa, Likombe, Mapanja and Bonjongo villages in the Buea Council area with a rehabilitated earth road

The proceeds will be used for the construction and rehabilitation of 44 roads in the six geopolitical zones in the country. (Image source: Robert Owen-Wahl/Pixabay)

The Nigerian government has handed over US$419.50bn to the Ministry of works for the proceeds of the third Sukuk Bond that it recently raised

The DMO allotted US$420mn to investors in the third Sovereign Sukuk and the proceeds will be used to finance 44 critical road projects across the six geopolitical zones of Nigeria. (Image source: 4939/Pixabay)

The Nigerian Debt Management Office (DMO) has announced an oversubscription of its US$390mn third Sovereign Sukuk bond by 446 per cent, attracting US$1.72bn in total

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