Corporate Council on #Africa News Updates

INFRASTRUCTURE

AfDB approves the funding of Kenya longest dual-carriage highway

The Exchange
The African Development Bank (AfDB) has approved the financing of Kenya’s north link road which when combined with the current section will make it the longest expressway in the country.
The total project cost is €257.68 million, of which €178.02 million (69%) will be financed…Read more>>

The Race To Connect Africa Through Satellite Technology
The Ghanaian Times
Countries are now realizing the strategic and economic value of space. About fifty eight years ago, in 1961, President John F. Kennedy presented the USA with a historic challenge-to put a man on the moon and return him safely. His dramatic 1961 speech jump-started NASA’s Apollo program…Read more>>

TOURISM

Africa’s tourism industry is now the second fastest growing in the world

Quartz Africa
Some 67 million tourists visited Africa in 2018, representing a rise of 7% from a year earlier, making Africa the second-fastest growing region when it comes to tourism, after Asia Pacific…Read more>>

Cabo Verde is one of West Africa’s most attractive tourist markets
Macau Hub
Cabo Verde is among the most attractive tourist markets in West Africa at a time when the continent is increasingly attracting tourism investment, according to an assessment released by Hospitality and Tourism International (HTI) Consulting…Read more>>