TWO TOWNS GETTING NEW FACELIFT DUE TO ROAD PROJECTS IN KENYA

TWO TOWNS GETTING NEW FACELIFT DUE TO ROAD PROJECTS IN KENYA

The construction of roads project in two towns in Kenya is gradually giving the area a new facelift. Both Kajiado and Ngong municipalities which were formed last year through an executive order by Governor Joseph ole Lenku have seen several infrastructures development so far. The infrastructure development in the area has seen both towns now having paved roads connecting densely populated estates that host key businesses. Such business had suffered due to muddy streets that had kept…

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CONTRACTOR CUTS CONSTRUCTION COST OF LILONGWE-SALIMA WATER PROJECT IN MALAWI

CONTRACTOR CUTS CONSTRUCTION COST OF LILONGWE-SALIMA WATER PROJECT IN MALAWI

The contractor handling the construction of Lilongwe-Salima water project, Khato Civil has reduced the cost from US$400 million dollars to US$315 million. According to Khato Civils chairperson Simbi Phiri, his company has brought new equipment that can do the job swiftly. Meanwhile, Chairperson of the Parliamentary Committee on Natural Resources, Welani Chilenga, told the local media after the meeting that Khato Civils has cut the cost of the project from US$400 million dollars to US$315 million….

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ETHIOPIA ANNOUNCE FIRST PPP PROGRAM

ETHIOPIA ANNOUNCE FIRST PPP PROGRAM

Ethiopia government has announced its first phase of public-private partnership (PPP) program. The PPP will be launched by construction a two solar projects in the coming two months. The PPP include approving 17 projects based on the detailed identifications of the first phase of the program. Out of the approved projects, eight are solar, five hydropower, and the rest road projects. Speaking during the announcement, Ministry PPP Director-General Tilahun Tadesse said “In this first phase of…

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AFRICA’S FIRST SILICON VALLEY

AFRICA’S FIRST SILICON VALLEY

Rwanda will host Africa’s first Silicon Valley. Kigali the capital of Rwanda is becoming one of Africa’s fastest developing cities with groundbreaking infrastructural facilities boosting the country’s economy. The Eastern African country as of late propelled Africa’s first electronic cross fringe exchange stage in collaboration with Alibaba Group’s Electronic World Trade Platform (eWTP) to connect private ventures over the mainland. Another masterpiece is the Kigali Innovation City that has been a Pan Africa Human and…

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PRESIDENT MAGUFULI UNHAPPY WITH SLOW TRADE IMPLEMENTATION BETWEEN MALAWI

PRESIDENT MAGUFULI UNHAPPY WITH SLOW TRADE IMPLEMENTATION BETWEEN MALAWI

Tanzania President call for more improvement in the implementation of trade agreement with Malawi. Tanzania President John Magufuli is unhappy with the slow implementation of the trade agreement with Malawi. During a two-day visit to Malawi, He called for the speedy implementation of the agreement. He cited the construction of the one-stop border post at Songwe-Kasumulu as very slow. The construction is under the Memorandum of Understanding signed way back in 2015. President Magufuli said “There is…

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UGANDA GOVERNMENT TO COMMISSION ISIMBA HYDROPOWER DAM

UGANDA GOVERNMENT TO COMMISSION ISIMBA HYDROPOWER DAM

President Kaguta Museveni will later today commission the Isimba Hydropower Dam Uganda Government will today commission the Isimba Hydropower Dam project. The 183MW Isimba Hydropower Dam will help address the shortage of power and also increase the nation capacity to 1000MW. Pres. @KagutaMuseveni will today commission the 183MW Isimba Hydro Power plant in Kayunga district. The Shs 2 trillion dam will bring #Uganda’s installed capacity to 1000MW. #IsimbaCommissioning 📸 @UegclOfficial pic.twitter.com/M8WnoJtukh — Government of Uganda (@GovUganda) March…

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CHINESE EXIM BANK TO OFFER EGYPT US$3bn FOR ITS DEVELOPMENT

CHINESE EXIM BANK TO OFFER EGYPT US$3bn FOR ITS DEVELOPMENT

Chinese Exim Bank offer US$3bn to Egypt for its infrastructure development. Chinese Exim Bank is offering Egypt US$3bn for their new projects over the next couple of years. This will help grow Exim Bank brand in the nation as well as investing for the future. The fund will include a facilitated loan of US$1.2bn for the implementation of Egypt’s first electric train. With over US$1bn for the Hamrawein coal plant and the rest for several…

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BEST COUNTRIES TO INVEST IN AFRICA 2019

BEST COUNTRIES TO INVEST IN AFRICA 2019

RMB  gives report on best countries to invest in Africa for 2019 Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids and IT systems. All of these do not only form the infrastructure needed to help grow the African economies; but they also serve as investment…

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PLANS UNDERWAY TO BUILD INDUSTRIAL HUB IN LIMPOPO

PLANS UNDERWAY TO BUILD INDUSTRIAL HUB IN LIMPOPO

 Construction plans for Marula Industrial Hub in Limpopo is underway. South Africa is making plans to build a multi-million dollar hub in the heart of Limpopo. The hub will help boost processing facilities. It will have a research centre plus also have every agri-business support service. These services will help support rural farmers and small businesses. This plan will help develop the agri-industry and also build more connections with neighboring nations. The project will also…

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