CONSTRUCTION OF TWO AIRPORT IN MADAGASCAR GETS UNDERWAY

CONSTRUCTION OF TWO AIRPORT IN MADAGASCAR GETS UNDERWAY

Madagascar Airport set for construction after concession was granted that will help grow the tourism industry in the country. The construction which is for a public-private partnership concession of Ivato International Airport and Fascene Airport in Madagascar is set to kick. The concession which  includes a new 17,500sqm international terminal at Ivato International Airport in Antananarivo, will have an initial capacity of 1.5 million passengers per annum plus the airport’s existing terminal will also be renovated to handle…

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KENYA TO HOLD COUNTRY’S FIFTH DEVOLUTION CONFERENCE.

KENYA TO HOLD COUNTRY’S FIFTH DEVOLUTION CONFERENCE.

Kenyan’s to focus investment on Agriculture, Energy and Trade. Kenya’s Council of Governors (CoG) has agreed to hold the country’s fifth Devolution Conference this year (Devolution is the transfer or delegation of power to a lower level, especially by a country’s central government to local or regional administration). The Council said in a statement that the Conference will be a sector-based event covering health, agriculture, energy and infrastructure, and trade and cooperatives. According to a World…

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TOWER AND CONNECTIVITY SERVICE CHARGES DWINDLES ISPs MARKET

TOWER AND CONNECTIVITY SERVICE CHARGES DWINDLES ISPs MARKET

  ISPs loss 60% of it’s earnings to tower and connectivity charges. 90% of Internet Service Providers (ISPs) in Nigeria have gone out of business among them are Swift, Spectranet, Direct on Data and Smile Communications. Surviving ISPs are complaining that 40% of their earnings is spent on tower operations, while 20% goes for connectivity charges, with this rate the Federal Government’s plan of having 30% broadband penetration this year will no be visible.  In the…

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GERMANY PROVIDES US$27m FOR ENERGY ISSUES IN NIGERIA

GERMANY PROVIDES US$27m FOR ENERGY ISSUES IN NIGERIA

Nigeria to get US$27m from Germany to tackle energy issues. According to German Ambassador to Nigeria, Bernhard Schlagheck, The German government has provided a total of US $ 27m to Nigeria, to address energy and climate change issues in the country. The sponsorship which is termed Nigerian Energy Support Programme (NESP), would be implemented by the German Development Corporation (GIZ). The German government Technical Advisor Group, will also provide mobile care hospitals for the Nigerian military with…

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MOROCCO AWARDS CONSTRUCTION OF PUMPED STORAGE HYDROELECTRIC PLANT

MOROCCO AWARDS CONSTRUCTION OF PUMPED STORAGE HYDROELECTRIC PLANT

VINCI Construction company to build pumped storage hydroelectric plant in Morocco. The Moroccan government has awarded the contract to construct a US$346m pumped storage hydroelectric plant (PSP), near Agadir to a French-based company VINCI Construction company. The project which is part of the development and integration plan for renewable energies, includes execution studies, civil engineering works, supply and transfer of equipment, assembly, testing and commissioning of the station. The civil engineering works will include the excavation of two basins, the digging…

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ANNUAL GOLD PRODUCTION IN MALI UP BY 5%

ANNUAL GOLD PRODUCTION IN MALI UP BY 5%

Mali’s gold production increased by 5%. Production of gold in Mali increased by 5% from the previous year the figure exceeds the 46.9 t that Africa’s third-largest producer managed in 2016 and was well ahead a forecast of 45 t that the government had predicted half way through 2017. Karim Berthe, Deputy Director of Mali’s Department for Mines and Geology, said in a statement “There was real progress in the industrial mines … a net improvement…

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UPGRADE OF SOUTH AFRICA’S SOWETO BRIDGE COMMENCES

UPGRADE OF SOUTH AFRICA’S SOWETO BRIDGE  COMMENCES

Owing to the over-topping during heavy rainfall, the Johannesburg Roads Agency (JRA) have kicked off reconstruction work on the soweto bridge over Klipspruit river, in Soweto. According to statement by JRA, the bridge in Klipspruit West is known to bring traffic to a halt during heavy downpours, rendering it unsafe for pedestrians due to the increased water levels on low lying areas of the structure. The bridge will be closed throughout the construction period which is from January…

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KENYAN FARMER TO SUE GOOGLE

KENYAN FARMER TO SUE GOOGLE

A Kenyan farmer requesting for payment for destruction of his crops from google.  Project Loon a Google programme sited at Joseph Nguthari’s property in Nthambiro, Igembe Central is a  global netwrok of high attitude balloons that reaches the stratosphere, about 20km above the earth, the majorly act as mobile phone towers and provides 4G internet.   Nguthari says the device was radiating a lot of light attracted many people who entered his farm without caution…

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ADFD APPROVES FUNDS FOR SOLAR PVC PROJECTS IN RWANDA AND MAURITIUS

ADFD APPROVES FUNDS FOR SOLAR PVC PROJECTS IN RWANDA AND MAURITIUS

ADFD approve US $25m to both Africa nations for solar pvc project that will improve their energy system. Abu Dhabi fund for development (ADFD) has approve loans of  US $10m to Mauritius and US $15m to Rwanda for the construction of a solar project in both nation. The both project is expected to improve the nations energy system. The project in Mauritius will help the Central Electricity Board install solar PV systems on rooftops of 10,000 households which is part of the government’s…

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ETHOPIA’S OPPOSITION LEADER SET FREE

ETHOPIA’S OPPOSITION LEADER SET FREE

Merera Gudina set free after a year of detention On 3 of January Prime Minister Hailemariam Desalegan announced that the government will pardon several convicted politicians and those with cases in court so as to enhance oneness in the nation, Merera Gudina was released today being the first political prisoner to be released. Merera, the leader of the Oromo Federalist Congress, has been in prison since December 2016 and was facing multiple charges, including association…

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NIGERIA MAKES N150bn FROM PADDY RICE PRODUCTION

NIGERIA MAKES N150bn FROM PADDY RICE PRODUCTION

Paddy rice production increases from 5m tonnes to 17m tonnes in 2 years. The Minister of Agriculture and Rural Development,  Chief Audu Ogbeh in a meeting with the governor of Plateau state Gov. Simon Lalong, said that “the production of rice paddy improved from 5 million to 17 million tonnes in the last two and half years”. He noted that the country would stop rice importation in the next six months to satisfy local demands. He…

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US$ 25BN SET ASIDE BY KENYA GOVERNMENT FOR HOUSING PROJECT

US$ 25BN SET ASIDE BY KENYA GOVERNMENT FOR HOUSING PROJECT

Kenya government partners with 35 private firms to construction one million houses by 2023 to increase its housing unit by reducing corporate tax. The fund that is been set aside by the government is for the construction of one million houses before 2023 after securing a partnership with 35 private firms. The project is expected to help the housing sector affordable in the nation according to President Uhuru Kenyatta’s big four action plans which is set to…

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South African to fund free university education says financial minister

South African to fund free university education says financial minister

South Africa to offer free university education to students from poor households. In a statement by President Jacob Zuma last month, he said “the government  would financially support the tuition without giving details of how it would funded”. The statement shaked the financial market and critics said it was a populist promise that risked increasing an already gaping budget deficit. Report from the treasury shows that the plan is expensive for there current financial form….

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Cape Town to face drought

Cape Town to face drought

Cape Town at the risk of running out of water by April as the city is to experience worst drought in a century. “Day Zero”  (the date taps are due to run dry) has shifted forward to April 22 as city authorities race to build desalination plants and drill underground boreholes. Almost 2 million tourists go to Cape Town every year to bathe on sandy white beaches, explore natural features like Table Mountain or to…

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SAMSUNG: TAX INCENTIVES PREREQUISITE FOR NAIROBI ASSEMBLY PLANT

SAMSUNG: TAX INCENTIVES PREREQUISITE FOR NAIROBI ASSEMBLY PLANT

Tax incentives needed as prerequisite for setting up Samsung assembly plant in Kenya Korean electronics firm Samsung, has requested for tax concessions and safeguards against counterfeit imports as a prerequisite for opening its assembly plant in Kenya. The president Samsung electronics Africa, Sung Yoon on Monday said state incentives in form of tax benefits and blockage against the influx of fake phones and electronics would enable the company to set up a local production factory cost-effectively. While…

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KENYA KIPCHOGE KEINO STADIUM RENOVATION TO BE COMPLETED IN THREE MONTHS

KENYA KIPCHOGE KEINO STADIUM RENOVATION TO BE COMPLETED IN THREE MONTHS

Kenya government set deadline for the renovation of kipchoge keino stadium after a tour of the sports facility by officials. The renovation is been carried-out after the country decided the project must still be done even after the hosting right of the 2018 African Nations Championship were taken from Kenya and given to Morocco. The company behind the renovation is Weihai International Economic &Technical Cooperative Co., Ltd (WIETC) which has stated that the project is currently at 90% and…

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2018/2019 OVERSEAS POSTGRADUATE SCHOLARSHIP SCHEME UNDER PTDF STRATEGIC PARTNERSHIPS WITH GERMANY, FRANCE & CHINA

2018/2019 OVERSEAS POSTGRADUATE SCHOLARSHIP SCHEME UNDER PTDF STRATEGIC PARTNERSHIPS WITH GERMANY, FRANCE & CHINA

The Petroleum Technology Development Fund (PTDF), the Federal Government agency with the mandate of developing indigenous human capacity and petroleum technology to meet the needs of the oil and gas industry, invites applications from suitably qualified candidates for Overseas MSc and PhD Scholarships to institutions under its strategic partnership initiative. Successful candidates will be awarded scholarships to study in Germany/France/China commencing in the 2018/2019 academic session. The Strategic Partnership Scholarship The Strategic Partnership Scholarship was…

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