Author: Gambeta News

EGYPT AND SOUTH KOREA SIGN MOU FOR URBAN DEVELOPMENT

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EGYPT AND SOUTH KOREA SIGN MOU FOR URBAN DEVELOPMENT

The National Agency for Administrative City Construction of the Republic of Korea (NAACC) and the Administrative Capital for Urban Development of the Arab Republic of Egypt (ACUD) virtually signed a memorandum of understanding (MoU) for cooperation in urban development on 28 December. Korea’s Ambassador in Cairo Hong Jin-Wook and Egypt’s Ambassador in Seoul Khaled Abdelrahman participated in the event. The objective of the MoU is to strengthen bilateral cooperation in the construction of the Administrative…

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KITULO-INIHO ROAD CONSTRUCTION SET TO BEGIN IN TANZANIA

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KITULO-INIHO ROAD CONSTRUCTION SET TO BEGIN IN TANZANIA

The construction of a 36.3 km Kitulo-Iniho road in the Njombe Region is expected to open up various socio-economic opportunities and improve people’s livelihoods. The road section is part of the Isonje-Kikondo (km 92.6) road which connects the Njombe and Mbeya regions, thus linking Tanzania with its neighboring countries. Speaking on Wednesday during the contract signing for the first phase of construction of the 36.3kms section from Kitulo to Inihio, Minister for Works and Transport,…

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SOMALIA REJECT OIL PERMISSION CLAIM FROM SOMALILAND

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SOMALIA REJECT OIL PERMISSION CLAIM FROM SOMALILAND

Somalia rejected on Wednesday what it called an “illegal claim” by Genel Energy (GENL.L) to oil exploration and exploitation rights in the country’s northern breakaway region of Somaliland, the country’s oil ministry said. Somaliland claimed independence from Somalia in 1991 and has been largely peaceful while the rest of the country has grappled with three decades of civil war, but its leadership has failed to gain widespread international recognition. In a statement, Somalia’s oil ministry said it…

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MOROCCO TO INVEST €50M TO ESTABLISH PLANT TO PRODUCE LOCAL CARS

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MOROCCO TO INVEST €50M TO ESTABLISH PLANT TO PRODUCE LOCAL CARS

Morocco is set to invest €50 million to establish a plant to produce local car brands. The factory will be made with a 100% Moroccan investment, Morocco’s Minister of Trade and Industry Ryad Mezzour said in a recent interview. Through the plant, Morocco is set to produce approximately 3,000 cars per year. The number is set to reach 20,000 units within four years. The project is part of Morocco’s approach to boosting the automotive sector….

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EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

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EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

Electric power has been restored in 80 cities and towns in northern Ethiopia after restoration works to infrastructures damaged during the recent conflict, says the Utility firm. The state-run Ethiopian Electric Utility (EEU) says the restoration works on infrastructures enabled to resume of electric services in 80 cities and towns in Amhara, Afar, and Tigray regions. “Efforts to reconnect the remaining 27 cities and towns to the electric grid is ongoing,” the state-run Utility firm…

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TISSEMSILT-BOUGHEZOUL-M’SILA RAILWAY LINE INAUGURATED IN ALGERIA

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TISSEMSILT-BOUGHEZOUL-M’SILA RAILWAY LINE INAUGURATED IN ALGERIA

Abdelkader Mazar, central director in charge of communication of the National Agency for Studies and Monitoring, announced the inauguration recently of the Tissemsilt-Boughezoul-M’sila railway line. The 290 km long infrastructure connects five different communities, including Tissemsilt, Tiaret, Djelfa, Médéa, and M’sila. The work was carried out by groups of Algerian public companies. The line, which will be used for both passenger and freight transportation, should help to open up the regions listed that have not yet…

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CO-PARTNERSHIP SIGNED TO FINANCE REHABILITATION OF HYDROELECTRIC PLANT IN MOZAMBIQUE

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CO-PARTNERSHIP SIGNED TO FINANCE REHABILITATION OF HYDROELECTRIC PLANT IN MOZAMBIQUE

Hidroeléctrica de Cahora Bassa (HCB) and AFD signed a EUR100M non-sovereign concessional loan agreement to contribute to the financing of the plant’s 10-year rehabilitation program, the “Capex Vital”. This program, aimed at extending the life of the plant equipment by at least 25 years, includes the refurbishment of the power plant and the electrical substation. It will improve operational reliability, reduce forced outages and maintenance costs, and restore international standard performance levels. The loan is…

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LACK OF MANPOWER AFFECTING NEWLY CONSTRUCTED GETONG’ANYA FACTORY DOWN IN KENYA

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LACK OF MANPOWER AFFECTING NEWLY CONSTRUCTED GETONG’ANYA FACTORY DOWN IN KENYA

Lack of manpower has been blamed for the delayed operations of the newly constructed 117 million Getong’anya Sweet Potato Factory, Migori county. The European Union-funded project that was officially opened in March 2022 by the former Cabinet Secretary Eugene Wamalwa and former Migori Governor Okoth Obado has not yet commenced operations. Migori County Executive Committee Member (CECMs) for Public Service and Devolution Caleb Opondo noted that the biggest challenge was staffing which has seen the…

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LEKKI DEEP SEAPORT SET TO BE OPENED SOON

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LEKKI DEEP SEAPORT SET TO BE OPENED SOON

The Managing Director, Lekki Port LFTZ Enterprise Limited (LPLEL), Mr. Du Ruogang, has announced that the $1.5 billion newly completed Lekki Deep Sea Port is ready for official commissioning and commencement of commercial operations in the first quarter of 2023. The port is expected to boost the growth of the Nigerian economy, creating about 170,000 direct and indirect jobs, generating approximately $361 billion during the period of the concession, and generating over $201 billion in…

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NEW TOURISM BUILDING TO BE CONSTRUCTED IN SEYCHELLES

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NEW TOURISM BUILDING TO BE CONSTRUCTED IN SEYCHELLES

A moratorium on the construction of new tourism accommodations and change of use, which is currently in effect on Seychelles’ third-most populated island – La Digue – has been extended to December 2023. The decision was taken by the Cabinet of Ministers after it was briefed on the status of La Digue regarding the moratorium imposed on the development of accommodation establishments, including change of use applications. An extension on the moratorium will allow the…

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EHCAAN TO REVIEW EL SHEIKH AIRPORT INFRASTRUCTURE

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EHCAAN TO REVIEW EL SHEIKH AIRPORT INFRASTRUCTURE

The Egyptian Holding Company for Airports and Air Navigation (EHCAAN) has reviewed the most important achievements made so far in its project to develop Sharm El Sheikh airport as passenger throughput at the facility increases. The company explained in a statement on Monday that the airport upgrade plan is one of its most important sustainable development projects. Several upgrade and expansion works have been accomplished in the airport to cope with development plans that coincided…

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NANSIO REFERRAL HOSPITAL CONSTRUCTION PROJECT UNDER PROBE BY HEALTH MINISTER IN TANZANIA

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NANSIO REFERRAL HOSPITAL CONSTRUCTION PROJECT UNDER PROBE BY HEALTH MINISTER IN TANZANIA

Health Minister Ummy Mwalimu has formulated a probe team to investigate alleged fraud at the Nansio Referral Hospital construction project worth 2.7bn/- in the Ukerewe district. The committee of five members, led by retired Judge Thomas Mihayo, is tasked with unearthing the truth on fraud allegations, which in turn have led to delays and valuations of the scheme. The minister formed the team during her work visit to Ukerewe District on December 21 this week,…

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GITAS AND GIZ SIGNED MOU TO BOOST ECOSYSTEM IN TUNISIA

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GITAS AND GIZ SIGNED MOU TO BOOST ECOSYSTEM IN TUNISIA

The Tunisian aeronautics and space industries group (GITAS) and the German Agency for International Cooperation (GIZ) recently inked a memorundum of understanding (MoU) to provide a framework for cooperation, facilitate and increase collaboration in fields of joint interest including strategic projects, reads a GITAS press release. These strategic projects provide notably for the support of GITAS and aeronautical companies in the training and implementation of a social and environmental responsibility approach. This approach will focus…

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BOSTWANA AND ZIMBABWE RAILWAYS SIGNED DEAL TO IMPROVE EFFICIENCY

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BOSTWANA AND ZIMBABWE RAILWAYS SIGNED DEAL TO IMPROVE EFFICIENCY

Botswana Railways (BR) and Zimbabwe’s National Railways of Zimbabwe (NRZ) signed an agreement to improve the efficiency of services provided by the two railway administrators. Signed in Francistown, Botswana’s second largest city, the cooperation agreement will allow locomotives from both administrations to cross borders and deliver goods to Francistown or Bulawayo, Zimbabwe’s second largest city. Chelesile Malele, acting director general of BR, said at the signing ceremony that the new agreement paves the way for…

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PRESIDENT BARROW TARGETS 1200KM ROAD CONSTRUCTION IN THE GAMBIA

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PRESIDENT BARROW TARGETS 1200KM ROAD CONSTRUCTION IN THE GAMBIA

His Excellency President Adama Barrow has revealed that his government is targeting to construct 1200 kilometers of roads in The Gambia as part of his infrastructural projects. In fulfillment of his campaign promises, Barrow noted that there are more projects for 2023 that would touch all sectors. President Barrow made these remarks to journalists at the State House on Wednesday as he wrapped up his Meet the People’s Tour characterized by government project site visits….

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EU TO CONSTRUCTION LONG-AWAITED MARKET IN RWANDA

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EU TO CONSTRUCTION LONG-AWAITED MARKET IN RWANDA

The long-awaited construction of the Kigali Wholesale Market for fresh produce could start next year, after the European Union reached a deal with the government to fund it. The project, to be constructed under two phases, will cost an estimated Rwf29.5 billion, according to estimates from the National Agriculture Exports Development Board (NAEB). With the capacity to handle 180,000 tonnes of fruits and vegetables every year, the market was expected to serve some 100 wholesalers….

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AFDB APPROVED FUNDS FOR CONSTRUCTION OF SOLAR POWER PLANT IN TUNISIA

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AFDB APPROVED FUNDS FOR CONSTRUCTION OF SOLAR POWER PLANT IN TUNISIA

The Board of Directors of the African Development Bank (AfDB) Group approved a $27 million (about TND 85.3 million) and €10 million (nearly TND 33.5 million) loan package to co-finance the construction of a 100-megawatt Solar power plant in Kairouan, Tunisia, the AfDB said on Thursday. The Board approval covers $10 million and another €10 million from the Bank, and $17 million concessional financing from the Sustainable Energy Fund for Africa (SEFA), a special multi-donor…

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UNABCEC SAYS UGANDA GOVT. PAYMENT FAILURE AFFECTING SECTOR PROGRESS

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UNABCEC SAYS UGANDA GOVT. PAYMENT FAILURE AFFECTING SECTOR PROGRESS

Uganda National Association of Building and Civil Engineering Contractors (UNABCEC), has said the government failure to pay contractors in time especially those working on government projects has crippled the sector progress and performance. Speaking during the association’s annual general meeting that took place at Hotel Africana in Kampala, Jamesone Olonya, the UNABCEC president, said that at least 90 percent of members have experienced payment delays due to the government. In terms of the value chain,…

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CONSTRUCTION OF 56 SECONDARY SCHOOL AT 99% COMPLETED IN TANZANIA

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CONSTRUCTION OF 56 SECONDARY SCHOOL AT 99% COMPLETED IN TANZANIA

Construction of 56 secondary school classrooms worth 1.12bn/- in Mtwara District has been completed by 99 percent. Mtwara District Commissioner Mr. Dunstan Kyobya confirmed the new development here, saying the classrooms are set to be handed over this week. He said 21 classrooms, worth 450m/-, have been constructed at Mtwara Mikindani Municipal Council, 26 others worth 420m/- have been constructed in Mtwara District Council and nine others worth 180m/- have been constructed in Nanyamba Town…

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ASSIN FOSU-ASSIN PRASO ROAD REHABILITATION AT 65% COMPLETE IN GHANA

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ASSIN FOSU-ASSIN PRASO ROAD REHABILITATION AT 65% COMPLETE IN GHANA

Rehabilitation works on the 31.2 km Assin Fosu – Assin Praso road in the Central Region is 65 per cent complete. Expected to be completed by November next year, the project is being funded by the Japanese government at a cost of US$62.3 million. It is the second phase of rehabil-itation work on the national trunk (N8), which connects Cape Coast and Kumasi. Inspecting progress of the work yesterday, Katsumura Akihisa, First Secretary for Development…

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