The World Bank has approved a credit of US$250mn from the International Development Association to boost the Nigeria’s efforts to increase access to water supply services and improve existing water utilities
Manufacturing
GZ Industries to construct a US$100 million aluminium can facility in Kenya
Manufacturing firm GZ Industries has decided to invest US$100mn to construct an aluminium can manufacturing plant at Sultan Hamud Township in Kenya
GlaxoSmithKline to invest US$216 million in Africa's healthcare sector
Pharmaceutical major GlaxoSmithKline (GSK) is to invest US$216mn in Africas healthcare sector, which includes the development of a lab, expansion of manufacturing facilities and training of community healthcare professionals
Phase-2 of Lesotho Highland Water Project to begin this month
The Phase-2 of the US$1.3bn Lesotho Highland Water Project will begin in April 2014 with the construction of the 155-metre high Polihali Dam and several tunnels
World Bank to provide US$73mn to expand Inga-3 dam in DR Congo
The World Bank has approved a US$73mn grant to support the expansion of the Inga hydroelectric dam in DR Congo