Development

SCZONE SIGNED DEAL WITH CHINESE INVESTORS FOR IRON PRODUCTS PROJECTS IN EGYPT

Posted on by Gambeta News
SCZONE SIGNED DEAL WITH CHINESE INVESTORS FOR IRON PRODUCTS PROJECTS IN EGYPT

The collaboration between the Suez Canal Economic Zone (SCZONE) and Chinese investors, exemplified by the recent agreement with XinFeng Company, underscores a burgeoning economic partnership. The establishment of a hot-rolled iron coil factory not only signifies significant investment and job creation but also symbolizes a strategic alignment between both parties’ goals. The presence of high-ranking officials such as Walid Gamal El Din and Ni Yuefeng at the signing ceremony highlights the importance attached to this…

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WESTPROP HOLDING LIMITED SET TO CONSTRUCT US$174M PIPELINE PROJECT IN ZIMBABWE

Posted on by Gambeta News
WESTPROP HOLDING LIMITED SET TO CONSTRUCT US$174M PIPELINE PROJECT IN ZIMBABWE

WestProp Holdings Limited who is a listed firm under Victoria Falls Stock Exchange (VFEX) seems to be embarking on an ambitious journey with its substantial projects pipeline and focus on luxury real estate developments in Zimbabwe. These projects are aimed at catering to the high-end and diaspora markets. The group’s investments committee approved an immediate projects pipeline of US$174 million during the first quarter of the year, with confirmed sales amounting to US$56.7 million. According…

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FORMER TOGO PLAYER ADEBAYOR LAUNCH SOCIAL HOUSING PROJECT IN TOGO

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FORMER TOGO PLAYER ADEBAYOR LAUNCH SOCIAL HOUSING PROJECT IN TOGO

Former Togo Footballer Captain Sheyi Emmanuel Adebayor is developing a social housing project in Lavié, Togo, that demonstrates his commitment to social investment, particularly in providing essential infrastructure for the community. His focus on housing for students receiving training in agro-industry indicates a strategic approach to supporting education and skill development in a critical sector for the nation’s economy. Adebayor’s engagement with Prime Minister Victoire Tomégah Dogbé underscores the significance of public-private partnerships in driving…

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AMANSIE WEST DISTRICT ROAD PROJECT BEGINS IN GHANA

Posted on by Gambeta News
AMANSIE WEST DISTRICT ROAD PROJECT BEGINS IN GHANA

Minister of Roads and Highways, Francis Asenso-Boakye, is actively overseeing road projects in the Ashanti Region, with a recent focus on the Amansie West District. Handing over projects like the Pakyi to Antoakrom road and the Pakyi Number One and Two town roads demonstrates the government’s commitment to improving infrastructure for economic development and livelihood enhancement. Mr. Asenso-Boakye’s assurance of completing the projects on schedule is reassuring for the communities involved. His call for support…

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LAGOS TO CALABAR HIGWAY PROJECT: WHY IT CANT BE ACHIEVED

Posted on by Gambeta News
LAGOS TO CALABAR HIGWAY PROJECT: WHY IT CANT BE ACHIEVED

On March 7 2024, Nigerian Minister of works Minister of Works, Engr. David Umahi announced the commencement of construction work on the 700km Lagos-Calabar Coastal Highway, spanning 9 States with two spurs leading to the Northern States. The first phase of the project which is expected to be handled by Hitech Construction Company Ltd will see the company construct a 47.47 kilometers dual carriageway on a concrete pavement. The vision is that the Lagos-Calabar Coastal road…

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NPA SECURE US$700M LOAN FROM CITIBANK FOR REHABILITATION OF APAPA & TIN-CAN PORT

Posted on by Gambeta News
NPA SECURE US$700M LOAN FROM CITIBANK FOR REHABILITATION OF APAPA & TIN-CAN PORT

The Nigerian Ports Authority (NPA) has secured about US$700million loan from Citibank for the rehabilitation of Apapa and Tin-Can Island Ports in Lagos. According to reports, the loan will be funded by UK Export Finance (UKEF) an export credit agency as NPA has also opened discussion with another funding agency to secure financing for upgrading of the Eastern Ports. Speaking during the announcement, Managing Director of the NPA, Mohammed Bello-Koko said that “In the last…

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LIBERIA SENATE TO PROBE WORK MINISTRY OVER UNAUTHORIZED AWARD OF OVER US$21M ROAD CONTRACTS

Posted on by Gambeta News
LIBERIA SENATE TO PROBE WORK MINISTRY OVER UNAUTHORIZED AWARD OF OVER US$21M ROAD CONTRACTS

Liberia Senate are set to probe contractors that are handling unapproved projects in the country. The country plenary of the Liberian Senate has instructed its Committees on Judiciary, Public Works and Public Accounts and Audits to look into dealings with the Public Works Ministry. The decision to probe the ministry is as a result of the ministry awarding over US$21 worth of contracts to several contractors without legislative approval. During a session held last week,…

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EU FUNDED CONFERENCE CENTRE & GUEST HOUSE UNVIELED IN KAMBIA, SIERRA LEONE

Posted on by Gambeta News
EU FUNDED CONFERENCE CENTRE & GUEST HOUSE UNVIELED IN KAMBIA, SIERRA LEONE

European Union External Action Service (EEAS) under the European Union has unveiled a Conference Centre and guest house building at Kambia District Council in Sierra Leone. The commissioning was done by Minister of Local Government and Community Affairs, Amb Tamba Lamina, the European Union External Action Service (EEAS) Managing Director for Africa, Rita Laranjinha, EEAS Desk Officer for Sierra Leone Hana Missaoui, and EU Ambassador to Sierra Leone Manuel Muller, alongside various government officials and…

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KENYA PRESIDENT SET TO OPEN BUNGE TOWER

Posted on by Gambeta News
KENYA PRESIDENT SET TO OPEN BUNGE TOWER

Kenya President William Ruto will today officially preside over the opening of Ksh.9.6 billion Bunge Tower. The opening should have been done days ago but was put on halt after the death of Chief of Defence Forces Francis Ogolla and nine other military officers in a tragic air accident at Sindar area, Kaben location, Tot division, in Elgeyo Marakwet County as the President announced a three-day national mourning period. During a communiqué to MPs on…

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GAMBIA PRESIDENT INSPECT FERRY PROJECT

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GAMBIA PRESIDENT INSPECT FERRY PROJECT

His Excellency, President Adama Barrow of Gambia has inspected the ongoing construction of a Ferry project with the aim to encourage Engineers working on the site as well as access progress of the work. According to report, the visit was a surprised one as he was accompanied by government officials and technical experts. Reports also indicated that he wanted to observe the ongoing efforts being made to rectify the situation as concern has been raised…

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AfDB OPENS NEW ULTRAMODERN BUILDING IN CAMEROON

Posted on by Gambeta News
AfDB OPENS NEW ULTRAMODERN BUILDING IN CAMEROON

AfDB has officially unveils its plans with the opening of an ultra modern regional office building in Yaounde, Cameroon that reaffirms its commitment to Central Africa’s development course. The building which is situated in the Golf district, will have six-storey regional office building that is equipped with 130 workstations, several meeting rooms, and a clinic. Also the Central Africa regional office is expected to operate as one of six Bank globally, including one in Asia….

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HIGH-SPEED RAIL PROJECT CONNECTING MOROCCO AND SPAIN SET TO KICK-OFF

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HIGH-SPEED RAIL PROJECT CONNECTING MOROCCO AND SPAIN SET TO KICK-OFF

Morocco to Spain high-speed rail plans through the the Strait of Gibraltar has taken significant strive as the new proposed plan is expected to connect Spain’s capital straight to Casablanca, Morocco’s financial capital. According to Spanish media, instead of linking traditional hubs, the revised plans will aim to connect the Spanish capital directly to Morocco’s economic powerhouse in Casablanca with the proposed travel time for this project set at approximately five and a half hours. …

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TOGO GOVT. SEEK CIVIL ENGINEERS FOR STEEL-CONCRETE BRIDGE PROJECT

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TOGO GOVT. SEEK CIVIL ENGINEERS FOR STEEL-CONCRETE BRIDGE PROJECT

The Togolese Ministry of Rural Access and Rural Roads seeks civil engineering engineers and technicians to work on a project to build 21 modular mixed steel-concrete bridges of the Unibridge type. The Ministry launched a call for applications to select 25 agents. At the end of the process, the ministry plans to recruit 3 QHSE engineers (Quality of Work Execution – Health – Safety – Environment), two surveyor/topographer technicians, 7 works managers, 7 assistant works…

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GHANA MINISTER CALLS FOR COMPLETION OF GARID PROJECT AIMED RAINY SEASON

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GHANA MINISTER CALLS FOR COMPLETION OF GARID PROJECT AIMED RAINY SEASON

The rainy season is becoming a worry for the nation ministry of work department as project expected to be completed during this period made be hinder. The recent events has made the Minister of Works and Hous­ing, Kojo Oppong Nkrumah to tasked contractors working on the Greater Accra Resilient and Integrated Development (GAR­ID) project to increase their speed. The directive was given during a meeting with project coordinators and contractors in Accra on Friday to…

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MPILO HOSPITAL IN NEEDS OF MASSIVE INFRASTRUCTURAL CHANGE IN ZIMBABWE

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MPILO HOSPITAL IN NEEDS OF MASSIVE INFRASTRUCTURAL CHANGE IN ZIMBABWE

In the last couple of months, concerns has been issued of the deteriorating state of Mpilo Hospital which is seriously in need of redevelopment. The Mpilo Hospital is one of Zimbabwe most visited hospital so the need to revamp is of critical importance, so why would such a place have only one malfunctioning radiotherapy machine and no accommodation for patients awaiting treatment. Speaking to the public while raising the concern, Bulawayo senator, Linda Sibanda said…

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HOW MDCB BAIL OUT BOSTWANA MINERGY OVER LOST OF COAL PRODUCTION

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HOW MDCB BAIL OUT BOSTWANA MINERGY OVER LOST OF COAL PRODUCTION

Minergy owners of Masama Coal Mine in Medie has struggled in the past to meet up its cash flow which has seen Minerals Development Company Botswana (MDCB) step in to bail them out. The company has been struggling due to the reduction in international coal prices which has added to their challenges at the moment. MDCB rolled-out it’s plans with a P389 million as a turnaround strategy to take Minergy to profitability and sustainability. Minergy…

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WHY ACCESS TO WATER IS STILL A MAJOR ISSUE IN AFRICA

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WHY ACCESS TO WATER IS STILL A MAJOR ISSUE IN AFRICA

African are still having access to safe drinkable water as well as improved sanitation despite so many efforts. This constant trends is gradually becoming alarming as undermine the achievement of the United Nations’ Sustainable Development Goal 6 to ensure access to safe drinkable water and sanitation for all by 2030. The need for improved access to safe drinkable  water and adequate sanitation helps provide direct health gains as well as other economic and social benefits  According…

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PRE DEVELOPMENT SET TO UNHELD PROMISE OF HADABA PROJECT DESPITE SEVERAL SETBACK IN EGYPT

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PRE DEVELOPMENT SET TO UNHELD PROMISE OF HADABA PROJECT DESPITE SEVERAL SETBACK IN EGYPT

PRE Development has began its initial stage to deliver the phase one of the HADABA project which is expected to be situated in 6th of October City, Invest-Gate according to reports. However, despite constant economic pressure, the company has reaffirm its commitment to customer satisfaction and quality execution even with the limited project timelines. Speaking during a briefing, Chairman of PRE Developments Hossam Zaki noted that the company is dedication to excellence in project execution….

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WHY MOROCCO WANT TO CUT ENERGY DEPENDENCE FROM SPAIN

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WHY MOROCCO WANT TO CUT ENERGY DEPENDENCE FROM SPAIN

Morocco government is making plans to cut ties with Spain over its energy dependence. This move has seen the nation unveil ambitious plans regasification plants and pipelines. According to reports, the decision was made after Algeria close the Maghreb-Europe gas pipeline in October 2021, these has made Morocco to act swiftly aimed energy shortage in the near future. Morocco initially relied on Spain’s assistance way back in 2022 to help mitigate the crisis as the…

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MSIMBAZI RIVER DEVELOPMENT PROJECT ON COURSE AS HOUSE DEMOLITION SET TO KICK-OFF

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MSIMBAZI RIVER DEVELOPMENT PROJECT ON COURSE AS HOUSE DEMOLITION SET TO KICK-OFF

Plans are underway towards for the implementation of Msimbazi River Development Project as demolition of houses exercise is scheduled to begin at Msimbazi Valley in Dar es Salaam later this week. The proposed project worth US$260 million will involves re-contouring the river and floodplain to improve the flow capacity and allow for floodwater retention. Meanwhile, it also entails construction of an elevated bridge, demolition of the existing bus rapid transit (BRT) depot and construction of a…

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