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Category: Infra
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Boost for new National Wealth Fund to unlock private investment
The Chancellor Rachel Reeves and the Business Secretary, Jonathan Reynolds have today instructed officials to immediately begin work to align the UK Infrastructure Bank and the British Business Bank under a new National Wealth Fund that will invest in the new industries of the future. It comes as Reeves and Ed Miliband, Secretary of State for...
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Peter Obi’s Comment Won’t Sway UK Voters; ‘Stomach Infrastructure’ Not A Factor Here –Nigerian Community In UK | The Paradise News
Benjamin Kuti, the leader of the Nigerian community in the UK, also known as Oluomo of Daby, has cast doubt on the potential impact of Peter Obi’s recent statements on the forthcoming election in the United Kingdom. Mr Kuti said that the UK, unlike Nigeria, does not subscribe to the practice of “stomach infrastructure” politics,...
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UK PM Rishi Sunak receives bashing for wooing voters with ‘stomach infrastructure’ – Nigerian Sketch
UK PM Rishi Sunak receives bashing for wooing voters with ‘stomach infrastructure’ UK Prime Minister Rishi Sunak woke up early on Tuesday to deliver McDonalds breakfast orders to UK residents as part of last-minute efforts to woo voters in the national elections scheduled for Thursday, July 4. Nigerian politicians call this sort of vote wooing...
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Greens set out charter for small businesses to help high streets thrive
The Green Party has committed to helping the UK’s high streets thrive in a green economy by setting out a charter for small businesses. Under its proposals, the party is offering to create regional mutual banks to drive investment in decarbonisation, rejoin the EU customs union, and give VAT and rates exemptions to businesses. It...
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UK offers Sh82m to support Kenya’s infrastructure projects
UK Prime Minister Rishi Sunak has announced an Sh82 million donation to Kenya towards improving infrastructure in the country. In a press statement on Friday, Sunak said the funds are for planning, prioritisation and implementation of green infrastructure initiatives between the UK, Kenya and the wider G7. “Focusing on transport projects selected from the Africa...
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Infrastructure Debt in a Sweet Spot for 2024
Digitalization The COVID-19 pandemic accelerated the adoption of remote work, education and healthcare with the popularization of HD video conferencing. The continued roll out of 5G, AI and internet-of-things (IoT) will increase demand for digital infrastructure. For infrastructure debt investors, digital infrastructure including towers, fiber and data centers are all attractive investments, given the demand...
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3i Infrastructure team spins out to launch Alba Infra Partners
The team that ran the infrastructure projects business of 3i Infrastructure has spun out to launch Alba Infra Partners, a fund management group specializing in equity investments in infrastructure projects. Alba is led by three former 3i managing partners: CEO Stephane Grandguillaume, CIO John Cavill and Antoine Matton, who have worked together since 2009. Alba...
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EBRD, UK and EU expand wastewater infrastructure services in Jordan
EBRD, UK and EU provide financing of up to €27.1 million to Jordan’s water authority Package to provide first-time sanitation services and improve...
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BT chief warns the UK is falling behind in telecoms infrastructure – London Business News | Londonlovesbusiness.com
Scandinavian countries are significantly ahead of the UK in terms of telecoms infrastructure, Allison Kirkby, the chief executive of BT warns. This disparity underscores the urgent need for the UK to accelerate its investments and advancements in the telecom sector to remain competitive. The UK government needs to reconsider the current legislation surrounding the telecoms...
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Trends in charging infrastructure – Global EV Outlook 2023 – Analysis – IEA
In the regions where electric trucks are becoming commercially available, battery electric trucks can compete on a TCO basis with conventional diesel trucks for a growing range of operations, not only urban and regional, but also in the heavy-duty tractor-trailer regional and long-haul segments. Three parameters that determine the time at which TCO parity is...