Browsing Tag

100M

AfDB Invests $100M in Kigali’s Groundbreaking Urban Cable Car Project

Kigali Urban Cable Car Project: A Leap Forward for Public Transportation Exciting news is buzzing from the African Development Bank: a generous grant of $500,000 has been approved to support the feasibility study for the iconic Kigali Urban Cable Car Project. This ambitious initiative is not just a monumental first for Rwanda; it's poised to set a precedent as the first aerial urban transit system in all of sub-Saharan Africa. Spearheaded by Ropeways Transit Rwanda Ltd (RTRL), this…

Lobito Corridor Project Unveiled with $100M to Boost Africa’s Growth

The Lobito Corridor Impact Development Platform: Fostering U.S.-Africa Cooperation The Lobito Corridor Impact Development Platform (LCID) is set to revolutionize cooperative efforts between the United States and Africa. By strategically investing in key sectors—agriculture, infrastructure, healthcare, light industry, education, and digital inclusion—the initiative aspires to ignite economic growth and regional integration across Angola, the Democratic Republic of Congo (DRC), and Zambia. It’s not merely about numbers;…

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