Construction works started for multimillion road project in Ghana
The Ministry of Roads and Highways in Ghana has commenced rehabilitation works for the 23 km long road connecting Dome, Greater Accra, Ghana to Kitase in Eastern Region, Ghana.
The authority awarded the concession contract to First Sky Limited on July 22, 2022. The concessionaire will be responsible for conducting works on a 23 km stretch of highway including the construction of a 16.3 km long two-lane single carriageway road and a 2.8 km long dual carriageway with auxiliary lanes for drop-off/pick-off on both sides. The scope of the works also includes the development of pedestrian walkways, rehabilitation of pavement, improvement of drainage along the road, road marking, traffic lights and signs.
The estimated investment value for the project is US$35 million. The Government of Ghana and the Kuwait Fund for Arab Economic Development (KFAED) has provided funding for the works. Once complete, the road will provide an alternative connection between the regions of Accra and Aburi.
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November 19, 2019
US$ 2.6 bn HSR concession agreement signed in Africa
The Government of Ghana has signed the concession agreement for the construction of a much anticipated high-speed railway in Accra, Ghana’s capital. The signing took place on the opening day of the second Africa Investment Forum last week.
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April 10, 2019
Concession agreement signed for USD2.2 billion railway PPP project in Ghana
The Ministry of Railways Development in Ghana has signed a US$ 2.2 billion build-operate-transfer concession agreement for the Eastern railway project with the Ghana European Railway Consortium (GERC) on April 4, 2019. The agreement now needs to be approved by the Cabinet and after that placed before the Parlament.
The GERC consists of 16 companies including German Havelländische Eisenbahn and Ralf Blankenbach GmbH, Austrian Voestalpine, Italian Salcef and local company Keteke Group. It is expected that the government will have a 30 percent share in the project.
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August 10, 2018
Four teams prequalified for the Accra-Tema Motorway PPP
The Government of Ghana, through the Ghana Highway Authority, an agency of the Ministry of Roads and Highways has concluded the prequalification of firms for the upgrading of the Accra-Tema Motorway PPP project.
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July 02, 2018
Bidders shortlisted for African rail PPP
The Public-Contract Controlling Body of Burkina Faso has announced that a total of 16 consortia have been shortlisted from the initial twenty-five groups that submitted expressions of interest (EOIs).
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June 20, 2018
Meridian Port Services draws down US$100 million IFC financing for port expansion in Ghana
Meridian Port Services (MPS), the joint venture between Bolloré Transport & Logistics, APM Terminals and the Government of Ghana through the Ghana Ports and Harbors Authority (GPHA), has drawn its first US$100 million from the project financing package arranged by the IFC, a member of the World Bank Group, for the Tema Port expansion project.
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