QATAR AIRWAYS LAUNCHED FLIGHT TO SOMALIA

QATAR AIRWAYS LAUNCHED FLIGHT TO SOMALIA

Qatar Airways make first flight to Mogadishu with 115 passengers on board. Qatar Airways has launched a flight to Somalia. The flight will enable Somalia recover from the stalemate caused by years of devastating violence and wars. It will also contribute to rebuilding the country. The flight also offers foreigners the opportunity to travel to Mogadishu in order to reach them.  Meanwhile, the first flight took off from Doha and arrived Mogadishu’s Aden Adde International…

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ZIMBABWE GOVERNMENT LAUNCH INDUSTRIAL POLICY

ZIMBABWE GOVERNMENT LAUNCH INDUSTRIAL POLICY

Zimbabwe Government launch ZNIDP to help add value, increase employment and promote a culture for saving. Government of Zimbabwe has launch a Zimbabwe National Industrial Policy (ZNIDP) that will help transform the nation economy. The aim for the policy will be to add value, increase employment level as well as promote a culture for savings. Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu said through the ZNIDP, Government will ensure a conducive operating environment for the…

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PRESIDENT BUHARI TO NAME NEW CABINET THIS MONTH (JULY)

PRESIDENT BUHARI TO NAME NEW CABINET THIS MONTH (JULY)

President Buhari’s new cabinet and the looming National Assembly strike Welcome to July, which begins the second half of 2019. The seventh month of the year, which is considered by many as the month of perfection; will indeed bring good tidings for Nigerians. Unlike in 2015 where the Buhari led government took almost six (6) months after inauguration to name its cabinet ministers; the Secretary to the Government of the Federation (SGF) Boss Mustapha recently…

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KIBEMBE PEDESTRIAN BRIDGE COMPLETED IN UGANDA

KIBEMBE PEDESTRIAN BRIDGE COMPLETED IN UGANDA

Uganda’s Kibembe pedestrian bridge  has been completed in Sironko District. Kibembe pedestrian bridge in Kibembe Sironko District has been complete in Uganda. The bridge which is vital for Sironko District will enable movement of people safer. Ministry of work and transportation made the statement via their official twitter handle. According to the ministry, ”It is our mandate to create safer means of transport for the public.” The newly completed Kibembe pedestrian bridge in Kibembe Sironko…

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NIGER PRESIDENT NAMED NEW ECOWAS LEADER

NIGER PRESIDENT NAMED NEW ECOWAS LEADER

President Issoufou plans to use ECO as a single currency after elected as ECOWAS leader ECOWAS has elected Niger President Mahamadou Issoufou as its new leader. President Issoufou who will be in charge for a one year period has adopted ECO. This ECO will be the name for a single currency as distribution will begin in January 2020. President Issoufou takes over from President Muhammadu Buhari of Nigeria during the 55th Ordinary Session of the…

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WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

World Bank announce Pierre Frank Laporte as new country director for Ghana, Liberia and Sierra leone. Pierre Frank Laporte is the new country director for Ghana, Liberia and Sierra leone. According to the release, Pierre Frank Laporte who is from Seychelles, will be based in the World Bank’s Accra Office. The statement also reads that his appointment will takes effect from July 1, 2019. The new position will ensure that Laporte  lead the Bank’s strategic…

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NIGERIA’S ENGINEERING SOCIETY IN DISARRAY

NIGERIA’S ENGINEERING SOCIETY IN DISARRAY

Engineers in Nigeria have resolved to unseat their President The Extra Ordinary General Meeting held 27th June 2019 for the Nigerian Society of Engineers (NSE) ended in Chaos. As, engineers across the south east and south south resolved to disassociate themselves from the activities of the national society.  HOW DID WE GET HERE? The Nigerian Society of Engineers is the umbrella organisation for the Engineering Profession in Nigeria. This society aims at enhancing high professional…

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GHA TO CONSTRUCT DRAINAGE ON ACCRA-NSAWAM HIGHWAY

GHA TO CONSTRUCT DRAINAGE ON ACCRA-NSAWAM HIGHWAY

GHA to construct drainage at Hebron-Dobro section of the Accra-Nsawam Highway Ghana Highways Authority (GHA) is making plans to construct a drainage that will help solve the problem on Accra-Nsawam Highway. The aim is to prevent sand and mud from being dumped onto the road. The statement was announced when Director of Road Maintenance of the GHA, Maama Markwei Sawyer visited the Highway. During his visit, Sawyer said his outfit would soon construct the drainage…

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PRESIDENT BUHARI APPOINTS NEW NNPC GMD AND NNPC CHAIRMAN

PRESIDENT BUHARI APPOINTS NEW NNPC GMD AND NNPC CHAIRMAN

NNPC now has a new GMD and a new acting Chairman. The Nigerian National Petroleum Corporation (NNPC) recently had series of changes in its various management positions. The National Oil firm NNPC now has a new GMD and a new acting Chairman. Nigeria’s President,  Muhammadu Buhari recently appointed Mr. Mele Kolo Kyari to replace Dr. Maikanti Baru as the new Group Managing Director (GMD) of NNPC. However, he is to resume office from 8 July,…

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MADAGASCAR CELEBRATES 59TH ANNIVERSARY

MADAGASCAR CELEBRATES 59TH ANNIVERSARY

Colourful celebrations as Madagascar celebrates its 59th Independence Day Anniversary President Paul Kagame of Rwanda also joined President Andry Rajoelina of Madagascar in celebrating the 59th Independence Day Anniversary.  Since gaining independence from France on June 26th, 1960, Madagascar continues to flourish. Interestingly, Madagascar is the world’s fourth largest island and is home to some rare creatures. More so, the beautiful French speaking island is approximately 400 km off the coast of East Africa. Today’s…

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SOUTH SUDAN WATER PROJECT TO GET US$24.7m FROM AFDB

SOUTH SUDAN WATER PROJECT TO GET US$24.7m FROM AFDB

AfDB to finance South Sudan water and sanitation project with US$24.7m To support a developmental project in South Sudan, African Development Bank (AfDB) board of directors have approved a commitment of US$24.7m. The project receiving AfDB finance is titled South Sudan Strategic Water Supply and Sanitation Improvement Project. The project entails rehabilitation of about 50km of Juba town distribution network and also related works such as metering and public water collections outlets. There will also…

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RWANDA PRIVATE SECTOR TO BE FINANCED BY CHINA EXIMBANK

RWANDA PRIVATE SECTOR TO BE FINANCED BY CHINA EXIMBANK

Eximbank of China to support Rwanda private sector after meeting. China Eximbank is making plans to extend financial support to Rwanda Private sector. Minister for Finance and Economic Planning Uzziel Ndagijimana made the statement after holding talks with the bank executives. The meeting was part of China-Africa relations, existing challenges and how best to strengthen the partnership for mutual interests. During the two day FOCAC meeting some 80 African ministerial-level officials attend the event. Uzziel…

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BUFULUBI-KYANDO-BUYEMBA ROAD GROUND BREAKING CEREMONY

BUFULUBI-KYANDO-BUYEMBA ROAD GROUND BREAKING CEREMONY

Bufulubi-Kyando-Buyemba Road ground breaking ceremony kick-off in Uganda Bufulubi-Kyando-Buyemba Road ground breaking ceremony has kick-off. The ceremony which was perform in Mayuge district in eastern Uganda will ease movement of people and improve lives. The road is of low cost seal technology that is connecting the people of Imanyiro & Bukatube sub counties. It will also connect farmers to their various market areas. Today we ground break the 5.6km long Bufulubi-Kyando-Buyemba Road in Mayuge. The…

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RUIRU-NAIROBI ROUTE GETS 40 COACHES FOR RAILWAY

RUIRU-NAIROBI ROUTE GETS 40 COACHES FOR RAILWAY

Kenya Railway added 40 coaches to Ruiru-Nairobi route to ease congestion and reduce travel time Kenya Railways has added 40 coaches to Ruiru-Nairobi route. This 40 coaches will ease congestion on the Thika superhighway and drastically reduce travel times for workers. Kenya Railway Managing Director Philip Mainga said “This is part of our masterplan for Nairobi to phase out old coaches. We plan to bring the new ones on board.” According to Mainga, the first…

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FIDIC MEMBER ASSOCIATION EXCELLENCE AWARDS

FIDIC MEMBER ASSOCIATION EXCELLENCE AWARDS

FIDIC to celebrate its members via the FIDIC Member Association Excellence Awards In a bid to recognise, reward and highlight the achievements and also the successes of its international Member Associations in representing the global consulting industry; The International Federation of Consulting Engineers (FIDIC) is introducing the new FIDIC Member Association Excellence Awards. The award aims at recognising the works and also celebrating the excellence of FIDIC members; who operate in ever-changing Consulting Engineering industry….

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SOUTH AFRICA MINISTER CALLS FOR MAINTENANCE OF WATER INFRASTRUCTURE

SOUTH AFRICA MINISTER CALLS FOR MAINTENANCE OF WATER INFRASTRUCTURE

Minister calls for prioritization of water and sanitation maintenance among municipalities. Minister of Human Settlements, Water and Sanitation Lindiwe Sisulu has calls to priorities the maintenance of water and sanitation infrastructure. The minister who made the remark during a briefing by water and sanitation department acting director general Squire Mahlangu. The briefing was inline with the water shortage on Mahikeng in the North West of South Africa. According to Sisulu, she has directed Mahlangu to…

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BIGGEST INVESTMENT IN MOZAMBIQUE

BIGGEST INVESTMENT IN MOZAMBIQUE

Anadarko Petroleum makes huge investment in Mozambique despite market uncertainties. These energy investors have committed US $25 billion into the development of a LNG facility off the coast of Mozambique. Anadarko Petroleum will finance the project with US $11 billion in equity and US $14 billion in debt. Click on the floating icon on the right to subscribe. More so, please share, Follow us on Twitter and don’t forget to also like us on Facebook. Read more on investment…

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PORT-HARCOURT INTERNATIONAL AIRPORT REOPEN IN NIGERIA

PORT-HARCOURT INTERNATIONAL AIRPORT REOPEN IN NIGERIA

Port-Harcourt International Airport re-opens after near plane crash involving an Air Peace flight The Port-harcourt international Airport has resume operation after near plane crash. This was made public by the Federal Airports Authority of Nigeria (FAAN). The Airport was close on Saturday following an incident involving an Air Peace flight with registration number 5N BRN, from Abuja to Port Harcourt. PRESS RELEASE June 23, 2019 PORT HARCOURT INTERNATIONAL AIRPORT REOPENED FOR OPERATIONS. Following a skidding…

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MALAWI GOVT. URGE TO CHOOSE NEW CONTRACTOR FOR WATER PROJECT

MALAWI GOVT. URGE TO CHOOSE NEW CONTRACTOR FOR WATER PROJECT

Malawi Government urged to make decision on Lilongwe-Salima water project Malawi government has been advise to find new contractor or continue with Khato civil for the water project. The Lilongwe-Salima water project will seek to pump water from lake Malawi to Lilongwe and its surrounding district. This will help ease water supply challenges facing these areas. In 2018, Malawi Finance Minister announce that Financing for Salima-Lilongwe Water Project is not Ready. According to him, the…

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OTEDOLA EXITS FORTE OIL PLC

OTEDOLA EXITS FORTE OIL PLC

Otedola sells Forte Oil Plc and focuses on Geregu Power Plc Nigerian billionaire who was the Chairman and majority shareholder in Forte Oil Plc, Mr. Femi Otedola, recently sold his entire 75% shareholding in the company. The former Chairman of Forte Oil Plc, Mr. Otedaola had earlier announced in December 2018, plans to divest his entire 75% stake. The transaction was however completed on Wednesday (19th June, 2019); as Ignite Investments and Commodities Limited, led…

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