The Moroccan construction firm Houar Enterprise Company has secured contracts worth nearly €100 million (about $108 million) to build two roads in Senegal. According to the Moroccan media Les Inspirations Éco, the first deal worth €70.2 million involves building an 11-kilometer highway connecting Gandon and Saint-Louis in the northwest. This project will be co-funded by the Senegalese government, the Arab Bank for Economic Development in Africa (BADEA), and the Kuwaiti Fund for Arab Economic Development (KFAED).
The second contract focuses on the construction of the "Rice Loop," a 51-kilometer road valued at €29.5 million. Financing will come from the African Development Bank (AfDB).
Both roads are aimed at connecting and promoting economic development in the northern regions of Senegal. Houar Enterprise Company won these contracts against several candidates who participated in an international tender, including the local construction firm Compagnie Sahélienne d'Entreprises (CSE), the Tunisian company Soroubat, and the Chinese groups China Civil Engineering Construction Corp, China Railway Seventh Group, and Weiha International Economic & Technical Cooperative.
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
JP Morgan's Eweck states liquidity exists, but a shortage of "bankable" projects hinders African investment, not risk appetite. Governments fund 80-85%...
Tunisia records more than 10 million tourists between January and November. Strong growth from Britain, France, China and other key markets. The...
Contract workers in Gabon’s oil industry denounce short-term deals and unmet commitments. Unions warn of a possible strike by December 31 if conditions...
SN Brafaso resumes production after a long shutdown and major investment. The state-backed brewery enters a beer market now dominated by Brakina and...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...