Why Africa’s smart cities will also need smarter finance

Kenya · INFRASTRUCTURE Key Facts —What happened Kenya’s Konza Technopolis, a 2,024-hectare smart city launched in 2008, has an estimated total project cost of about US$14.5 billion. —The money Phase 1 infrastructure was financed by Italy’s UniCredit SpA at roughly KSh 50.4 billion (about US$391 million), while Huawei built core systems under a China Eximbank […] The post Why Africa’s smart cities will also need smarter finance appeared first on The Rio Times.

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