São Tomé TESLA Power Plant Inaugurated

FB GROUP’s first investment in São Tomé, São Tomé Tesla Power Plant, was inaugurated on 16.03.2024 with the attendance of His Excellency Prime Minister Patrice Trovoada.   Tesla STP has a concession of 25 years to provide electricity to the island and, in return, will develop a 55 MW capacity in three phases. Phase 1, […]

FB GROUP to build a 200 bed hospital in Port-Gentil, Gabon

FB GROUP, has reached an agreement with the Government of Gabon for construction of a new 200-bed hospital in Port-Gentil, Gabon’s second-largest city. The agreement was signed on February 20th, 2024, marking a significant step forward in FB GROUP’s commitment to improving healthcare access and infrastructure in Africa. Project will begin in the second quarter […]

Another Airport for FB GROUP

FB GROUP, has won the tender to upgrade and expand the São Tomé International Airport in São Tomé and Príncipe. Awarded by the Ministry of Infrastructure, Natural Resources and Environment, the project involves a comprehensive upgrade and renovation under build-operate-transfer (BOT) model with a 49-year concession. The project will encompass a complete overhaul of the […]

169 km Doutchi-Tsernaoua Road Commissioned In Niger

FB GROUP is proud to announce the successful provisional acceptance of the Dogondoutchi-Konni-Tsernaoua road project in Niger. This vital 159.6 km stretch, including 10 km of roads within the town of Konni, will significantly improve transportation and connectivity in the region. A provisional acceptance mission composed of relevant authorities visited the site on September 6th and 7th, […]

U.S. DFC Approves $150M Loan for Freetown International Airport

In the third quarter of Fiscal Year 2023, the U.S. International Development Finance Corporation (DFC) approved a $150 million loan for the expansion, renovation, and operation of the Freetown International Airport in Sierra Leone. This investment aims to improve transportation infrastructure in West Africa. The New Freetown International Airport is built with a capacity of […]

The New Freetown International Airport Is Opened

The design-build-operate-transfer project of Modernization and Expansion of the Lungi International Airport was initiated by the Government of Sierra Leone in May, 2021. The construction of the new airport terminal and other facilities lasted for two years, and the total cost was above $270.000.000 USD. Boasting a sleek new terminal, expanded capacity of 1.2 million […]

FB GROUP and São Tomé and Príncipe Signs Investment Aggreement for Power Plant

FB GROUP signed an investment agreement on October 10th, 2023 with São Tomé and Príncipe for energy production, through the installation of several Power Plants in São Tomé and Príncipe, aiming at the production and sale of energy to the State, through the Water and Electricity Company (EMAE). The agreement was signed by Mr. Yusuf […]