CONSTRUCTION DEAL BOOST HOUSING IN YOBE STATE, NIGERIA

CONSTRUCTION DEAL BOOST HOUSING IN YOBE STATE, NIGERIA

Gov buni sign deal with Family Homes Fund for the construction of 2600 housing units in the state.

Governor of Yobe State, Mai Mala Buni has signed a deal with management of Family Homes Fund for the construction of 2600 housing units. This housing unit will be spread across Yobe …

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QATAR TO INVEST IN SOMALIA PORT

QATAR TO INVEST IN SOMALIA PORT

Qatar representatives meet with Somalia’s prime minister over plans to build a new seaport in Hobyo, Somalia.

The Qatari group arrived in Mogadishu, the capital, on Monday and is led by Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani

In a press …

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INTERCHANGE AT SENTEMA ALONG KAMPALA-NORTHERN BYPASS AT 60%

INTERCHANGE AT SENTEMA ALONG KAMPALA-NORTHERN BYPASS AT 60%

Sentema interchange at 60% complete according to UNRA Uganda.

The construction of an interchange at sentema which is along Kampala – Northern Bypass is at 60%. This was announced by Uganda National Road Authority (UNRA).

According to UNRA, the Sentema is now widened to ensure future free flow of traffic …

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SADC LEADERS AND GOVERNMENT REACH AGREEMENT

SADC LEADERS AND GOVERNMENT REACH AGREEMENT

SADC Leaders and Government reach agreement on measures to drive regional development

The 39th ordinary Summit of the Heads of State and Government of the Southern African Development Community (SADC) which held at Julius Nyerere International Convention Centre in Dar es Salaam, United Republic of Tanzania, on the 17th

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RWANDA GOVT. TO INCREASE FUND FOR HEALTH INSURANCE SCHEME

RWANDA GOVT. TO INCREASE FUND FOR HEALTH INSURANCE SCHEME

Mutuelle de santé scheme set to get extra fund from Rwanda government.

Rwanda Government is providing extra funds for community-based health insurance scheme. The scheme which is known as mutuelle de santé, will raised the country’s prospects of attaining universal health insurance coverage.

The fund which is worth US$10million (Rwf10billion) …

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ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

Zimbabwe plans to borrow fund from G7 nations but is that a wise choice?

Zimbabwe Government is planning to borrow US$1,9 billion from G7 nations in order to pay their debts. The G7 nations which are France, Italy, Canada, Germany, United States, Japan and United Kingdom.

The funds will be …

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EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

Egypt and South Korea making plans to sign FTA but will the host nation be ready to face both pros and cons of the FTA agreement.

Egypt and South Korea are currently in talks over a free trade agreement (FTA). This agreement will help boost trade exchange and joint economic …

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CONSTRUCTION OF BED WARDS AND DOCTOR QUARTER BEGINS IN OGUN, NIGERIA

CONSTRUCTION OF BED WARDS AND DOCTOR QUARTER BEGINS IN OGUN, NIGERIA

Ogun State kick-off construction of 120 bed wards and 30 doctors quarters at the state specialist hospital.

Ogun state Governor in western part of Nigeria has announced plans to improve the health care sector in the state. The plans is to construct 120 bed wards and 30 doctors quarters at …

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KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

Kieni constituency to build level four hospital after securing funds from Ministry of health in Kenya.

Kenya’s  Kieni constituency has secure fund for the construction of a level four hospital. The fund which is worth US$541k (Sh30 million) will help them have another existing level four hospital in the constituency.…

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WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

World Bank making plans to invest in Ghana Cocoa industry.

Cocoa is Ghana chief agricultural export and cash crop. This is why the World Bank is investing fund to help shore up production of the crop over the next five years.

The project which is under the Cocoa Sector Value …

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DANGOTE FLOUR MILLS UP FOR SALE

DANGOTE FLOUR MILLS UP FOR SALE

Olam International Offers N120 billion to buy Dangote Flour Mills Plc

Africa’s richest man Aliko Dangote; two(2) years after selling Dangote Noodle Plants to his rival pasta maker De-United Foods Industries for N3.75 billion (US$12.26 million); have recently also put up for sale Dangote Flour Mills (DFM) Plc; the flour …

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ZIMBABWE GOVERNMENT AGREES COAL EXPORT DEAL

ZIMBABWE GOVERNMENT AGREES COAL EXPORT DEAL

Zimbabwe to export coal to Japan and India with new deal

Zimbabwe government has agreed a deal with Dubai-based company, Victoria Consultant for coal export. This deal will enable the country to secure markets for coal exports in India and Japan.

Meanwhile, Victoria Consultant will assist Zimbabwe according to the …

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TANZANIA, KENYA AND UGANDA ARE REVAMPING THEIR OLD RAILWAYS

TANZANIA, KENYA AND UGANDA ARE REVAMPING THEIR OLD RAILWAYS

Why are they going back to their old railways after their agreement and ambitious plans for East Africa’s Standard Gauge Railway network.

In August 2013 the Presidents of Kenya, Rwanda and Uganda signed a Tripartite Agreement; for the development and operation of a 1,500km-long joint Standard Gauge Rail (SGR) system; …

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LAMU PORT FIRST BERTH COMPLETED IN KENYA

LAMU PORT FIRST BERTH COMPLETED IN KENYA

First of 32 berths of Lamu port completed in Kenya with the second and third set for completion in december 2020.

Lamu port which is a transport and infrastructure project in Kenya has completed it first Berth. The port when completed will be Kenya second transport corridor. The first berth …

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FCDA SAYS NIGERIA NEEDS US$3TRN TO SOLVE INFRASTRUCTURE DEFICIT

FCDA SAYS NIGERIA NEEDS US$3TRN TO SOLVE INFRASTRUCTURE DEFICIT

Federal Capital Development Authority says nigeria need US$3trn but can they manage and use the money wisely to solve this problem if they eventually get the fund?

Federal Capital Development Authority (FCDA) announced in Abuja that Nigeria needs US$3trn to solve their infrastructure deficit problem. This fund will be for …

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FERRY SERVICE FACING CHALLENGES DUE TO GAMBIA SENEGAMBIA BRIDGE

FERRY SERVICE FACING CHALLENGES DUE TO GAMBIA SENEGAMBIA BRIDGE

Ferry service losing revenue due to Senegambia Bridge commission in Gambia

The commissioning of Senegambia Bridge in Gambia pose a ferry challenge according to Deputy Managing Director of the Gambia Ferry Services, Hall Abdoulie Gai. The ferries over the last couple of years has made great stride but has been …

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BUILDON AND RAISING MALAWI TO PROVIDE FUNDS FOR KASUNGU SCHOOL

BUILDON AND RAISING MALAWI TO PROVIDE FUNDS FOR KASUNGU SCHOOL

buildOn and Raising Malawi to improve quality of teaching in Kasungu with construction of new facilities.

buildOn, a US based charity Organisation is partnering with Raising Malawi to provide funds for improving learning in Kasungu, Malawi. The fund which is worth US$ 250,000 will be use to improve the quality …

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DEVELOPMENT BANKS JOIN FUNDS FOR NAMIBIA INFRASTRUCTURE PROGRESS

DEVELOPMENT BANKS JOIN FUNDS FOR NAMIBIA INFRASTRUCTURE PROGRESS

Will the new partnership help Namibia resolve its infrastructural problem or will lack of private capital unavailability stop them.

Infrastructure development is a key driver for progress across any developing nation. This is why the Development Bank of Namibia (DBN) and Development Bank of South Africa (DBSA) is combing to …

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UGANDA PRESIDENT COMMISSIONED ELECTRONIC FENCE AT KESESE

UGANDA PRESIDENT COMMISSIONED ELECTRONIC FENCE AT KESESE

Uganda President commission fence at Queen Elizabeth National Park in Kasese.

President Yoweri Museveni has announced via his official twitter account the commissioning of an electronic fence. This fence will be located at Queen Elizabeth National Park in Kasese.

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COMPLETION OF THE DREDGING WORKS AT ESCRAVOS AND WARRI RIVER.

COMPLETION OF THE DREDGING WORKS AT ESCRAVOS AND WARRI RIVER.

President Muhammadu Buhari plans to complete more ongoing projects to impact positively on the lives of the people.

The Olu of Warri, His Majesty Ogiame Ikenwoli on Wednesday at the State House in Abuja thanked President Muhammadu Buhari; for the completion of the dredging works at Escravos and Warri Rivers. …

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