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Strengthening Partnership with Islamic Development Bank to Accelerate Key Infrastructure and Road Projects

by Omar El Sayed - World Editor
written by Omar El Sayed - World Editor


Nigeria Deepens Infrastructure Collaboration with Islamic development Bank

Abuja, Nigeria – October 26, 2025 – The federal Government of Nigeria has reinforced its pledge to collaborate closely with international financial institutions, notably the Islamic Development Bank (IsDB), to accelerate the completion of vital road and bridge projects across the nation. This strengthened partnership aims to significantly improve Nigeria’s infrastructure landscape and foster economic growth.

Government Reaffirms Commitment to infrastructure Development

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Works Minister david Umahi revealed this commitment following a productive meeting with a delegation from the Islamic development Bank Regional Hub in nigeria,headed by Ibrahim Chalive,team Leader of Operations. The discussions took place at the Minister’s office in Abuja and focused on expanding the collaborative framework between the Ministries of Works and Finance and the IsDB.

The aim is to secure funding and expedite the execution of key components of President Bola Tinubu’s Renewed Hope Legacy Road Projects. Minister Umahi emphasized that robust road infrastructure is foundational to Nigeria’s economic transformation.He underscored the Ministry’s dedication to clear, efficient, and cost-effective project delivery.

Renewed Hope Legacy Projects: A National priority

“Infrastructure remains a pivotal catalyst for economic progress,” Umahi stated. “President Tinubu’s Renewed Hope Agenda prioritizes road development to unlock economic opportunities, create employment, and facilitate the seamless movement of goods and people nationwide.”

These Renewed Hope Legacy Road Projects are strategically designed to connect crucial industrial and agricultural hubs, improve regional trade, and enhance overall mobility across Nigeria’s six geopolitical zones. Quality engineering, accountability, and delivering value for money are central to the governance’s approach.

According to the World Bank,Nigeria requires an estimated $81 billion annually to address its infrastructure deficit. Read more about infrastructure challenges in Nigeria at the World Bank’s website.

Legislative and Banking Support

The Minister acknowledged and appreciated the continuous support from the national Assembly in securing funding for these critical road projects. He highlighted the vital synergy between the executive and legislative branches, which has been instrumental in advancing these initiatives.

Umahi also lauded the Islamic Development Bank for its consistent partnership in advancing Nigeria’s infrastructure development. He described the current visit as a constructive step toward solidifying achievements and exploring new avenues for collaboration.

Key Collaboration Details

Partner Role
Federal Government of Nigeria Project Oversight & Implementation
Islamic Development Bank (IsDB) Financial & Technical Support
National Assembly funding facilitation

“The Islamic Development Bank has proven to be a reliable ally in Nigeria’s infrastructure journey,” Umahi remarked. “Their dedication to long-term financing and technical assistance has yielded projects with significant social and economic benefits.”

IsDB Commits Further Support

Ibrahim Chalive, the IsDB Team Leader, commended the Ministry of Works for its recent reforms in engineering design, quality assurance, and project management. He conveyed the Bank’s satisfaction with the government’s progress in enhancing governance and accountability within the infrastructure sector.

Chalive reaffirmed the Bank’s commitment to providing both financial and technical assistance to bolster Nigeria’s infrastructure capacity. “We are dedicated to supporting Nigeria’s infrastructure goals through financing, knowledge sharing, and technical cooperation. The progress observed gives us confidence that our partnership will deliver lasting results,” he noted.

Following the discussions, both parties agreed to establish a joint technical team. This team will identify priority road and bridge projects,develop a practical collaboration framework,and ensure accountability and openness throughout the implementation process. Clear timelines and performance benchmarks will also be defined for each project phase.

Umahi concluded by stating that this renewed partnership underscores the Federal Government’s firm resolution to modernize Nigeria’s road network in alignment with international standards and sustainable development goals. The ultimate objective is to create a transportation system that supports trade, attracts investment, and connects rural communities to economic opportunities.

“This partnership exemplifies President Tinubu’s determination to deliver high-quality infrastructure that boosts productivity, reduces travel times, and enhances the living standards of all Nigerians,” Umahi emphasized.

Barrister Chioma Nweze, the Special Assistant to the President on Stakeholders Engagement (South-East), was also present at the meeting and expressed optimism that the collaboration will accelerate infrastructure delivery nationwide.

Did You Know? Nigeria’s road network spans over 193,000 kilometers, but a significant portion is in need of rehabilitation and upgrades. Investment in infrastructure remains a critical element of Nigeria’s long-term economic strategy.

Pro Tip: Regularly check the Federal Ministry of Works website for updates on ongoing road projects and potential disruptions. Visit the Federal Ministry of Works and housing website here.

Frequently Asked Questions about Nigeria’s infrastructure Development

  1. What is the primary focus of the renewed partnership between Nigeria and the IsDB? The partnership aims to accelerate the completion of strategic road and bridge projects across nigeria.
  2. How will the Renewed hope Legacy road Projects benefit Nigeria? They are designed to connect industrial and agricultural hubs, improve trade, and enhance mobility.
  3. What role does the National Assembly play in these infrastructure projects? The National Assembly is instrumental in facilitating funding for critical road projects.
  4. What is the Islamic Development Bank’s commitment to Nigeria’s infrastructure? The IsDB provides financial and technical support to boost Nigeria’s infrastructure capacity.
  5. what steps are being taken to ensure transparency in these projects? A joint technical team will be established to ensure accountability and transparency in the implementation process.
  6. What is Nigeria’s infrastructure deficit? The World Bank estimates Nigeria needs $81 billion annually to address its infrastructure deficit.
  7. Where can I find more details about the Nigerian Ministry of Works? You can find information on the Federal Ministry of Works and Housing website.

What are your thoughts on this critically important infrastructure development? Share your comments below and let us know how improved roads could impact your community!

What specific mechanisms can be implemented to proactively address procurement delays identified in the World Bank/IsDB joint publication,beyond simply harmonizing procurement standards?

Strengthening Partnership wiht Islamic Growth Bank to Accelerate Key Infrastructure and Road Projects

The Strategic Importance of IsDB Collaboration

for nations striving for economic growth and improved quality of life,robust infrastructure – encompassing transportation networks,energy systems,and digital connectivity – is paramount. The Islamic Development Bank (IsDB) has emerged as a crucial partner in financing and developing these vital projects, notably within its member countries. A strengthened partnership with the isdb offers a powerful pathway to accelerate infrastructure development and unlock significant economic benefits. This is especially relevant given recent research highlighting common delays in infrastructure procurement, as noted in a World Bank and IsDB joint publication analyzing projects from 2007-2019 [https://openknowledge.worldbank.org/entities/publication/f7f49cae-f0a6-44af-9bf1-bb6ed45e605d]. Addressing these delays is key to maximizing the impact of IsDB funding.

Key Areas for Enhanced Collaboration in Infrastructure

Several key areas present opportunities to deepen the partnership between nations and the IsDB, leading to faster and more effective infrastructure project delivery:

* Road Network Expansion & modernization: Focusing on strategic road projects that connect key economic zones, improve regional trade, and enhance accessibility for communities. This includes highway construction, bridge building, and road rehabilitation programs.

* Sustainable Transportation Solutions: Investing in environmentally friendly transportation options like light rail transit (LRT) systems,bus rapid transit (BRT) networks,and electric vehicle infrastructure.

* Energy Infrastructure Development: Supporting the development of renewable energy sources (solar, wind, hydro), upgrading power grids, and expanding access to electricity in underserved areas.

* Water & Sanitation Projects: Improving water supply infrastructure, wastewater treatment facilities, and sanitation systems to ensure access to clean water and promote public health.

* Digital infrastructure Enhancement: Expanding broadband internet access, developing smart city initiatives, and investing in digital technologies to bridge the digital divide.

Streamlining Procurement Processes: A Critical Focus

The World Bank/IsDB research (2007-2019) identified procurement delays as a significant obstacle. To accelerate project implementation, the following steps are crucial:

  1. Harmonization of Procurement Standards: Aligning national procurement regulations with IsDB’s guidelines to reduce bureaucratic hurdles and streamline the bidding process.
  2. Capacity Building for Procurement Agencies: Providing training and technical assistance to government procurement agencies to enhance their efficiency and expertise.
  3. E-Procurement Implementation: Adopting digital procurement platforms to automate processes, improve openness, and reduce paperwork.
  4. Pre-Qualification of Contractors: Establishing a pre-qualified list of reputable contractors to expedite the bidding process and ensure quality workmanship.
  5. Risk Management Frameworks: implementing robust risk management frameworks to identify and mitigate potential delays during project implementation.

Financing Mechanisms & Innovative Approaches

The IsDB offers a diverse range of financing instruments to support infrastructure projects:

* Istisna’a Financing: A financing mode specifically designed for infrastructure and industrial projects, where the IsDB finances the construction of an asset and then sells it to the client upon completion.

* Ijara Financing: A leasing arrangement where the IsDB purchases an asset and leases it to the client for a specified period.

* Mudarabah Financing: A profit-sharing partnership where the IsDB provides capital and the client manages the project.

* Sukuk (Islamic Bonds): Utilizing Sukuk to raise capital for large-scale infrastructure projects, attracting a wider pool of investors.

* Public-Private Partnerships (PPPs): Leveraging PPPs to mobilize private sector investment and expertise in infrastructure development. IsDB can play a key role in de-risking PPP projects to attract investors.

Benefits of a Stronger IsDB Partnership

A deepened collaboration with the IsDB yields numerous benefits:

* Increased Access to finance: Mobilizing significant financial resources for infrastructure development,particularly for projects that may not attract traditional funding.

* Technology Transfer & Knowledge Sharing: Accessing IsDB’s expertise and best practices in infrastructure development, promoting innovation and efficiency.

* Economic Growth & Job Creation: Stimulating economic activity, creating employment opportunities, and improving the livelihoods of communities.

* Improved Regional Connectivity: Enhancing transportation networks and facilitating trade between countries.

* Sustainable Development: Promoting environmentally sustainable infrastructure projects that contribute to long-term economic and social well-being.

Case Study: IsDB’s Role in Road Infrastructure in [Example Country – Replace with a real example]

[Insert a brief case study here detailing a prosperous IsDB-funded road project in a specific country. Include details about the project scope, financing structure, challenges faced, and outcomes achieved. For example, you could discuss a highway construction project in Indonesia or a rural road rehabilitation program in Bangladesh. Ensure the information is verifiable and sourced.]

practical Tips for Maximizing IsDB Funding

* Early Engagement: Initiate discussions with the IsDB early in the project planning phase to ensure alignment with their priorities and guidelines.

* Detailed Project Planning: Develop comprehensive project proposals with clear objectives,realistic budgets,and well-defined implementation plans.

* Strong Government Commitment: Demonstrate strong government commitment to the project,

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Economy

Beachside Businesses Face Ruin From Roadwork Closures

by Daniel Foster - Senior Editor, Economy
written by Daniel Foster - Senior Editor, Economy

The Ghost of Jetty Road: Why Adelaide’s Retail Revival Faces a Critical Test

Over 90% – that’s the estimated foot traffic plunge experienced by Loud Cow Bar and Grill in Glenelg, a stark warning sign for businesses nationwide grappling with the complex interplay of infrastructure projects, economic headwinds, and shifting consumer behavior. The situation unfolding on Adelaide’s iconic Jetty Road isn’t an isolated incident; it’s a microcosm of the challenges facing retail and hospitality sectors as they navigate a new era of disruption.

A Perfect Storm of Disruption

Glenelg’s Jetty Road, a traditionally bustling beachfront strip, is currently undergoing a $40 million facelift. While long-term improvements are the goal, the immediate impact has been severe. Road closures, limited pedestrian access, and the concurrent six-month tramline upgrade have created a logistical nightmare for both businesses and customers. This isn’t simply inconvenience; it’s an existential threat for some.

Paul Turner, owner of Loud Cow, made the difficult decision to close his doors rather than attempt to weather the storm. His story is echoed by others, like Julie Baker of Montezumas Glenelg, who has seen revenue drop by an estimated 70%. Baker’s experience highlights a crucial point: even businesses with a loyal “cult following” aren’t immune to these pressures. The combined effect of construction, the South Australian algal bloom impacting coastal communities, and the broader cost-of-living crisis is proving devastating.

Beyond Construction: The Shifting Sands of Retail

While the immediate crisis stems from infrastructure projects, the underlying issues are far more profound. The pandemic accelerated a shift towards online shopping, and while brick-and-mortar retail is rebounding, it’s doing so in a fundamentally altered landscape. Consumers are more discerning, prioritizing experiences and value. Simply reopening doors after construction isn’t enough; businesses need to adapt.

The City of Holdfast Bay maintains that overall economic activity remains strong, citing spending data. However, this aggregate figure masks the uneven impact on individual businesses, particularly those directly affected by the disruptions. The lack of timely and transparent communication from the council, as highlighted by Mr. Turner, further exacerbates the problem. Businesses need to be partners in the planning process, not simply informed of decisions after they’ve been made.

The Future of Main Street: Adapt or Perish

The situation on Jetty Road offers valuable lessons for other main street districts facing similar challenges. Here are key takeaways:

  • Proactive Communication is Paramount: Local governments must prioritize clear, consistent, and timely communication with businesses affected by infrastructure projects. This includes detailed timelines, regular updates, and opportunities for input.
  • Targeted Support is Essential: While broad economic initiatives are helpful, businesses directly impacted by disruptions require targeted support, such as rate relief, rent subsidies, and marketing assistance.
  • Embrace Experiential Retail: To compete with online retailers, brick-and-mortar businesses must focus on creating unique and engaging experiences that draw customers in. This could include events, workshops, personalized service, and a strong sense of community.
  • Diversification is Key: Businesses should explore diversifying their revenue streams, such as offering online ordering, delivery services, or complementary products.

The Rise of ‘15-Minute Cities’ and Local Resilience

The challenges faced by Jetty Road also underscore the growing importance of the “15-minute city” concept – the idea that residents should be able to access essential services and amenities within a 15-minute walk or bike ride. This model emphasizes local resilience and reduces reliance on long commutes and centralized shopping districts. Investing in vibrant, walkable neighborhoods is crucial for the future of retail and community life.

The fate of Jetty Road, and countless other main streets, hangs in the balance. The current crisis is a wake-up call, demanding a more proactive, collaborative, and innovative approach to urban planning and economic development. Ignoring these lessons could mean witnessing the slow decline of the vibrant local communities that are the heart of our cities.

What strategies do you think are most crucial for revitalizing main street districts in the face of ongoing disruption? Share your thoughts in the comments below!

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world

Navigating the Future: The Telecommunications Sector’s New Frontier with Networks and AI

by Omar El Sayed - World Editor
written by Omar El Sayed - World Editor

Italy‘s Telecom Sector Warns of Crisis, Calls for Urgent Action

Table of Contents

rome, Italy – October 23, 2025 – Italy’s vital telecommunications industry is facing a critical juncture, with its future growth threatened by increasing costs, market saturation, and regulatory hurdles. Representing a sector that employs 200,000 people, contributes 6% to teh nation’s GDP, and invests €7 billion annually in infrastructure, industry leaders are sounding the alarm, warning of a dwindling capacity for further investment.

Pietro Labriola, President of Asstel, the leading trade association for Italian telecom companies, delivered a stark message at a recent ANSA forum: “Without digital there is no economy in our future.” He emphasized the urgent need for intervention, stating, “Inaction is not an option.”

The core of the crisis stems from a highly competitive market where companies struggle to generate sufficient returns on investment. Asstel is pushing for a reduction in the number of operators from four to three, a move already gaining traction at the European level, but Labriola stressed the critical importance of timing.

Beyond market consolidation, the industry is grappling with jurisdictional complexities in the digital realm.The current regulatory framework, based on national borders, fails to adequately address the challenges posed by large technology companies, leading to a drain of resources and hindering national economic growth. Labriola believes this issue requires immediate attention from policymakers,advocating for clear rules to level the playing field.

A key demand is the acceleration of 5G rollout. Asstel is urging regulators to expedite the renewal of 5G frequencies without imposing excessive costs, contingent on commitments to expand coverage. Labriola cited successful models from Brazil, the UK, and Germany – offering low-cost tenders with coverage commitments, operator consolidation in exchange for 5G acceleration, and free frequency renewals tied to coverage guarantees – as potential blueprints for Italy.

“we must now give priority to industrial policy over immediate collection,” Labriola asserted.

Asstel is actively engaging with the Ministry of Enterprise and Made in Italy, led by Minister Urso, to address a range of issues including workforce development and energy consumption.A follow-up meeting is planned in the coming weeks to review progress and accelerate necessary reforms. The future of Italy’s digital infrastructure, and its broader economic competitiveness, hangs in the balance.

How will the convergence of 5G/6G and AI impact the growth of new buisness models in the telecommunications sector?

Navigating the Future: The Telecommunications Sector’s New Frontier with Networks and AI

The Convergence of 5G, 6G, and Artificial Intelligence

The telecommunications landscape is undergoing a radical change, driven by the relentless advancement of network technologies – specifically 5G and the emerging 6G – and the pervasive integration of Artificial Intelligence (AI). This isn’t simply an upgrade; it’s a fundamental shift in how networks are built, managed, and utilized. Understanding this convergence is crucial for anyone involved in the telecom industry, from service providers to end-users. Key areas of impact include enhanced mobile broadband, massive machine-type communications (mMTC), and ultra-reliable low latency communications (URLLC).

The Role of AI in Network Optimization

Traditionally, network management has been a reactive process – identifying and resolving issues after they impact performance. AI is changing this paradigm.Machine learning algorithms can now proactively analyze network data,predict potential bottlenecks,and automatically optimize performance in real-time.

* Predictive Maintainance: AI algorithms analyze data from network elements (base stations,routers,etc.) to predict equipment failures before they occur, minimizing downtime and reducing maintenance costs.

* Dynamic Resource Allocation: AI can dynamically allocate network resources (bandwidth, spectrum) based on real-time demand, ensuring optimal performance for all users. This is particularly important for handling the increasing demands of data-intensive applications like video streaming and augmented reality.

* Automated Network Slicing: 5G network slicing allows operators to create virtual networks tailored to specific applications. AI automates the creation and management of these slices,optimizing performance and security for each use case.

* Anomaly Detection: AI identifies unusual patterns in network traffic that may indicate security threats or performance issues.

6G and the AI-Native Network

While 5G is still being rolled out globally, research and development for 6G are already well underway. 6G isn’t just about faster speeds; it’s envisioned as an “AI-native” network,meaning AI will be deeply integrated into every aspect of its design and operation.

Key Characteristics of 6G & AI Integration

* Terahertz (thz) Communication: 6G will utilize the THz spectrum, enabling considerably higher data rates and lower latency than 5G. AI will be essential for overcoming the challenges associated with THz communication, such as signal attenuation and interference.

* Integrated Sensing and Communication (ISAC): 6G networks will not only transmit data but also sense the surroundings,providing valuable information for applications like autonomous driving and smart cities. AI will be used to process and interpret the sensor data.

* AI-Driven Security: The increasing complexity of 6G networks will require advanced security measures. AI will play a critical role in detecting and mitigating cyber threats in real-time.

* Digital Twins: Creating digital twins of network infrastructure, powered by AI, will allow for simulation, optimization, and proactive management.

AI-Powered Applications Transforming Telecommunications

The combination of advanced networks and AI is enabling a wide range of innovative applications across various industries.

Smart Cities & IoT

* Intelligent Traffic Management: AI analyzes data from sensors and cameras to optimize traffic flow, reduce congestion, and improve safety.

* Smart Grid Management: AI optimizes energy distribution, predicts demand, and integrates renewable energy sources.

* Environmental Monitoring: AI analyzes data from sensors to monitor air and water quality,detect pollution,and predict natural disasters.

* Connected healthcare: Remote patient monitoring, telehealth, and AI-powered diagnostics are transforming healthcare delivery.

Industrial Automation (Industry 4.0)

* Predictive Maintenance: AI predicts equipment failures in factories, minimizing downtime and improving efficiency.

* Robotics and Automation: AI-powered robots automate tasks, improve productivity, and enhance worker safety.

* Quality Control: AI-powered vision systems inspect products for defects, ensuring high quality standards.

* Supply Chain Optimization: AI optimizes logistics, reduces costs, and improves delivery times.

Enhanced Customer Experience

* AI-Powered Chatbots: Provide instant customer support and resolve common issues.

* Personalized Services: AI analyzes customer data to offer tailored services and recommendations.

* Proactive Network Support: AI identifies and resolves network issues before they impact customers.

* Fraud Detection: AI detects and prevents fraudulent activity, protecting both customers and service providers.

Challenges and Considerations

Despite the immense potential, several challenges need to be addressed to fully realize the benefits of AI in telecommunications.

* Data Privacy and Security: AI algorithms require large amounts of data,raising concerns about data privacy and security. Robust data governance frameworks and security measures are essential.

* Algorithm Bias: AI algorithms can perpetuate existing biases in the data they are trained on, leading to unfair or discriminatory outcomes. Careful attention must be paid to data quality and algorithm design.

* Skills Gap: A shortage of skilled professionals with expertise in AI and telecommunications is hindering adoption. Investment in education and training is crucial.

* Infrastructure Costs: Deploying and maintaining AI-powered networks requires notable investment in infrastructure and computing resources.

* Regulatory Frameworks: Clear and consistent regulatory frameworks are needed to govern the use of AI in telecommunications.

Real-World Examples: AI in Telecom Today

Several telecom operators are already leveraging AI to improve their operations and services.

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world

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