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The Kenyan government has allocated a record $1.08 million in the current financial year to the development of the roads sub-sector, President Mwai Kibaki disclosed on Friday.
The Mayor of London’s flagship Barclays Cycle Hire scheme celebrates its first birthday this week; and to mark the occasion the Mayor has confirmed that Barclays has agreed to provide another £25 million of sponsorship. The extra funding will help...
The European Investment Bank (EIB) is providing the largest loan to date in the Eastern Partners: EUR 450 million for the rehabilitation and quality improvement of roads in Ukraine. EIB funds will help to improve some 350 km of five sections of highways...
Seven planned toll roads would help to cover a R149 billion backlog in strengthening and re-graveling the country’s worst roads, the Minister of Transport Sibusiso Ndebele, said on Thursday.
As the M1 turns 50, Transport Minister Chris Mole predicts a successful future for the route which forms the backbone of the UK’s road network.
Half a century to the day that the M1 was officially opened by then-Minister of Transport Ernest Marples,...
The Organization of the Petroleum Exporting Countries Fund for International Development (OFID) has approved a $15 million loan to Ethiopia for the country’s road development activities.
According to source close to the government, the agreement was...