LIBERIA SIGN DEAL WITH WORLD BANK FOR 60MW RENEWABLE ENERGY

Posted on February 2, 2023 by Gambeta News

Liberia has signed a financing agreement with the International Development Association for the production of an additional 60MW of renewable energy geared toward further solving the country’s energy crisis. The project is an initiative of the World Bank under the Regional Emergency Solar Power Intervention Project (RESPITE). It is a US$311 regional program supported by the World Bank to scale up electricity access to millions of existing and prospective consumers in Chad, Liberia, Sierra Leone,…

MOROCCO KING CELEBRATE NIGERIA-MOROCCO GAS PIPELINE PROJECT

Posted on November 7, 2022 by Gambeta News

The gas pipeline aims to ensure energy independence on the continent amid a context marked by serious challenges due to regional crises. King Mohammed VI celebrated the Nigeria-Morocco gas pipeline project, emphasizing its goal in a bid to support accelerating socioeconomic development on the continent. The King expressed satisfaction with the gas project during his speech, commemorating the 47th anniversary of the Green March on Sunday. While the Green march helped the country to regain…

NIGER PRESIDENT NAMED NEW ECOWAS LEADER

Posted on July 1, 2019July 1, 2019 by Gambeta News

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…

WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

Posted on July 1, 2019 by Gambeta News

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…

GAMBIA SIGNS OIL EXPLORATION DEAL WITH BP Plc

Posted on May 3, 2019May 3, 2019 by Gambeta News

Gambia gives license of disputed A1 offshore block to BP Plc Amidst dispute for the A1 offshore block in Gambia; the Gambian government recently announced the signing of an oil exploration deal with BP Plc. BP Plc is a British multinational oil and gas company with operations in 70 countries worldwide. It boasts of producing around 3.6 million oil barrels per day and have total reserves of 18.441 billion barrels. It is also among the…

AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Posted on February 4, 2019February 4, 2019 by Gambeta News

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia. African Continental Free Trade Area (AfCFTA) is an initiative launched on March 21, 2018 by the assembly of the African Union. This launching was at the extraordinary Summit in Kigali, Rwanda. The…

REPUBLIC OF LIBERIA

Posted on July 26, 2018 by Gambeta News

The Republic of Liberia celebrates its 171 years of independence The Republic of Liberia is a country on the West African coast. Did you know that ‘Liberia’ is actually Latin and translates to ‘Land of the Free’? Now you do. The American Colonization Society founded the republic of Liberia in 1821 as a place for free African Americans to migrate to. More than 10,000 made the journey across the Atlantic, aided by the society, until Liberia…

THE SINGLE AFRICAN AIR TRANSPORT MARKET SET TO GO.

Posted on May 28, 2018May 28, 2018 by Gambeta News

The Single African Air Transport Market (SAATM) concept will unite African aviation sector and foster economic growth. The concept of SAATM is on the track, as 26 African Countries have agreed to the idea. Plans to internationalize SAATM are on track, hence a meeting set to take place at Togolese capital, Lome. Countries to have signed the commitment include: Benin, Burkina Faso, Botswana, Cape Verde, Ivory Coast, Egypt, Ethiopia, Gabon and Ghana. Guinea, Kenya, Liberia, Mozambique,…

MOROCCO: 2017 TOP INVESTMENT DESTINATION IN AFRICA

Posted on April 9, 2018April 9, 2018 by Gambeta News

Morocco ranks number one in 2017 top investment destination in Africa According to Quantum Global Research Lab’s latest Africa Investment Index 2018 (AII), Morocco is the most attractive economy for investments in Africa. Morocco ranks first based on its increasing economic growth, strategic geographic positioning, increased foreign direct investment, external debt levels, social capital factors and overall favourable business environment. Morocco has consistently attract inward flow of foreign capital, specifically in banking, tourism and energy sectors and also…

MALL FOR AFRICA SPREADS TO MORE PARTS OF AFRICA.

Posted on February 2, 2018 by Gambeta News

Mall for Africa expands to 11 new countries in Africa. Worldwide e-commerce and m-commerce colossus, Mall for Africa will expand into 11 new countries in Africa. In acknowledgement to the growing demand for its patented platform, the app will now be available in African countries like Angola, Chad, Guinea, Botswana, Tanzania, Uganda, Malawi, Egypt, Democratic Republic of Congo, Senegal, and Sierra Leone. The app offers items from 250 US and UK retailers to stores that are…

West Africa in talks about shared currency

Posted on November 1, 2017 by Gambeta News

Nigeria not partisan to the idea of a shared currency among West African Nations The Economic Community of West African States (ECOWAS) is currently in talks about a shared instrument. This was recently confirmed, when the Chairman of ECOWAS and also Togolese President, Faure Gnassingbe stated that “our region needs this unifying instrument, symbol of our shared destiny, to consolidate our customs union”. The economic community set up a task force comprising Togo, Niger, Ghana,…

ZENITH BANK EXPANSION PLAN

Posted on October 9, 2017 by Gambeta News

Zenith bank chairman, jim ovia discusses the expansion plan of the bank, also had a talk on Nigeria and Africa economy. Zenith bank is in the UK and several African countries, including The Gambia, Sierra Leone, and so on. The bank stocks are traded on the London Stock Exchange. This shows the bank is rapidly expending worldwide. According to the chairman, ”Our UK subsidiary recently opened a branch in Dubai as part of our expansion…

FIRST BANK OF NIGERIA LIMITED FOR CBG- RELATIONSHIP MANAGER

Posted on April 19, 2018 by Gambeta News

First Bank of Nigeria Limited (FirstBank) is Nigeria’s largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg,…

First Bank Of Nigeria Vacancy For Business Performance Monitoring Manager

Posted on January 16, 2018 by Gambeta News

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