Africa Archives - Page 23 of 107

HOW RAIL AND MARITIME INFRASTRUCTURAL INVESTMENT IS NEEDED FOR AFRICA TO STRIVE

Posted on April 20, 2023 by Gambeta News

Deputy President Paul Mashatile says Africa needs to reduce structural and regulatory barriers to unlock investment in road and maritime infrastructure and facilitate successful intra-African and global trade. “The quality of much of the continent’s maritime, road, and railway infrastructure is less than satisfactory. There are few road links, generally poor road infrastructure maintenance, and limited regional road linkages throughout the continent’s five regions,” the Deputy President said on Wednesday. He was speaking at the…

CITY OF KIGALI ANNOUNCED PLANS TO CONSTRUCT FEEDER ROAD

Posted on April 19, 2023April 19, 2023 by Gambeta News

The City of Kigali has announced plans to construct 300 kilometres of feeder roads in the capital, saying it will help ease public transport challenges across the city. A feeder road is a secondary route used to bring traffic to a major road. The development comes at a time residents in different city outskirts (neighbourhoods that are farthest from the city centre) of Kigali are decrying bottlenecks in public transport that makes it difficult to…

NIGERIA RAIL TRANSPORT REVENUE DROPS 21% FROM N5.6BILLION TO N4.5BILLION

Posted on April 19, 2023 by Gambeta News

Revenue generated from rail transportation fell by 39 percent, year-on-year (YoY), to N4.5 billion in 2022 from N5.6 billion in 2021. The decline in revenue may be attributed to the suspension of rail services in parts of the country due to security challenges during the period. Recall that a result of a security breach at the Ajaokuta train station in February 2022 forced the Nigerian Railway Corporation (NRC) to suspend Lagos-Ibadan and Ajaokuta train services….

ETHIOPIA CHAMBER TO LAUNCH BUSINESS INCUBATOR START-UP FOR YOUNG ENTREPRENEURS

Posted on April 19, 2023 by Gambeta News

The Addis Ababa Chamber of Commerce and Sectoral Associations or Addis Chamber is set to launch a Business innovation center next week as part of its bid to support young entrepreneurs and startups in Ethiopia. The project – funded by the European Union – envisions strengthening the Ethiopian startups and SME incubation ecosystem, the Chamber said on Tuesday. The Business innovation center will focus on promoting and supporting entrepreneurship, particularly micro-small and medium-sized enterprises (MSMEs)…

60 HOUSES TO PAVE WAY FOR KWA DUBAI ESTATE PLANS IN RWANDA

Posted on April 18, 2023 by Gambeta News

A new assessment carried out on ‘Kwa Dubai’ real estate has shown that more than 60 houses need to be reworked, a development that will require many families to vacate their homes temporarily. For about a month now, the Kinyinya-based estate has been a hot topic after one of the houses in it partly collapsed. In a press conference by the City of Kigali (CoK) on Monday, Mayor Pudence Rubingisa noted that the new assessment showed that…

HOW LACK OF DATA AND TRANSPARENT SYSTEM IS AFFECTING AFRICA FOURTH INDUSTRIAL REVOLUTION PARTICIPATION

Posted on April 18, 2023 by Gambeta News

Vice President Dr. Mahamudu Bawumia has said one of the setups African countries face in their attempt to transform their economies is the lack of data and transparent systems. According to him, most countries in the African continent take decisions in the governance and management of their economies without any proper and consolidated data. This he noted has resulted in economic policies and decisions not realising the expected outcomes. Dr Bawumia in an address at…

UGANDA GOVT. TO INJECT FUNDS TO REHABILITATE TORORO-GULU METER RAILWAY

Posted on April 17, 2023 by Gambeta News

The Government through the Ministry of Works and Transport has injected Shs 199.9 billion for the rehabilitation of the Tororo – Gulu meter gauge railway. This was revealed as Uganda Railways Corporation (URC), the implementing agency signed a contract with China Road and Bridge Corporation (CRC) to rehabilitate the Tororo to Gulu section of the meter gauge railway line. The 375-kilometer railway line traverses through Mbale, Soroti, and Lira before terminating at the Gulu Logistics…

EGYPT SIGN MoU WITH GLOBAL FIRM TO ENHANCE CLIMATE INVESTMENT

Posted on April 17, 2023 by Gambeta News

The General Authority for Investment and Free Zones (GAFI) signed Saturday an MoU with Talal Abu-Ghazaleh Global for Professional Services (TAG Global) to cooperate on developing the mechanism of founding regional bureaus in Egypt, investment promotion, enhancement of the investment climate, including the drafting of legal amendments, and digital transformation. GAFI Chairman Hossam Heiba noted in the signing ceremony that the protection of the intellectual property is essential for investments the government wanted to…

MAGHREB-EUROPE PIPELINE EXPLORATION INCREASED IN MOROCCO

Posted on April 17, 2023 by Gambeta News

Moroccan purchases of gas from Spain through the Maghreb-Europe pipeline have increased by up to 1,200%, Spanish news outlet The Objective reported. Data provided by Spanish gas operator Enagas in June 2022 said Spain was exporting 60-gigawatt hours to its neighbor in North Africa through the pipeline, while records from March 2023 show an amount of 820 gigawatt hours (GWh). The increase was a gradual one since the pipeline resumed its services in June of…

REHABILITATION WORKS ON KUMAWU-JUABEN ROAD KICK-OFF IN GHANA

Posted on April 15, 2023 by Gambeta News

Rehabilitation works on the Kumawu-Woraso-Effiduase-Juaben road network in the Sekyere Kumawu District in the Ashanti Region has commenced. The project which would see the entire 32-kilometre road being done in phases, has been awarded to Joshob Construction Company. It is expected to be completed in 18 months. The Roads and Highways Minister, Mr Kwesi Amoako-Atta, who disclosed these indicated that the project would also include the Kumawu town roads, to be also asphalted with the…

UGANDA US$1M ELECTRICITY PROJECT GOES LIVES

Posted on April 15, 2023 by Gambeta News

A $1 million (Shs 3.7 billion) project to ensure reliable electricity supply to consumers in Butabika, Mutungo, Luzira and Kitintale has gone live. This follows the installation and energising of a new transformer at power distributor Umeme’s substation in Port Bell, Luzira. The development means consumers such as the Uganda Prisons Service (Luzira Maximum Prison), Butabika Mental hospital, and businesses notably Cipla Quality Chemicals and Uganda Breweries as well as households served by the substation…

LAGOS STATE TO PROBE COLLAPSED BANANA ISLAND SEVEN STOREY BUILDING IN NIGERIA

Posted on April 13, 2023 by Gambeta News

The Lagos State government says its officials are assessing the situation at an unapproved seven-floor building under construction which collapsed in Banana Island Wednesday evening. The state government said this on Wednesday in a statement by the spokesperson of the state Ministry of physical planning and urban development, Mukaila Sanusi. The statement said some persons who sustained injuries in the incident were being treated. “There is no fatality. This unfortunate incident happened while casting was…

ESKOM TO IMPLEMENT STAGE 3 AND LOAD SHEDDING IN SA

Posted on April 13, 2023 by Gambeta News

State power utility Eskom is expected to implement Stage 3 and 5 load shedding until Wednesday evening. Stage 3 will be implemented between 5am and 4pm, with Stage 5 following between 4pm and 5am. On Monday afternoon, the power utility said unplanned breakdowns amounted to the unavailability of some 14 940MW of generating capacity, with a further 7 215MW out due to maintenance. Eskom said although a generation unit was returned to service at Lethabo…

CAMEROON GOVT REBUILT BRIDGE DESTROYED BY BOKO HARAM

Posted on April 12, 2023 by Gambeta News

Authorities in Cameroon have rebuilt a bridge that Boko Haram militants destroyed in 2015 to damage trade with Nigeria and Chad. The government also deployed additional troops to protect construction workers repairing other damage caused by the militants, who are still actively launching attacks in the border area. Cameroon says it has for the first time in eight years fully opened the Mayo Limani bridge that links northern Cameroon and southeastern Nigeria. According to Bichair…

SPAIN AND MOROCCO AGREED TO RELAUNCH TUNNEL PROJECT LINKING BOTH NATIONS

Posted on April 12, 2023 by Gambeta News

Spain and Morocco have committed to stepping up efforts to relaunch the tunnel that seeks to link the two countries under the Strait of Gibraltar. “After fourteen years, from Tangier in October 2009, we are going to give impetus to the studies of a project of maximum geostrategic importance for our countries and foliations between Europe and Africa,” said Raquel Sanchez, Spain’s Minister of Transport, Mobility, and Urban Agenda. The minister made her remarks alongside…

IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%

Posted on April 12, 2023 by Gambeta News

The International Monetary Fund (IMF) forecasts economic growth of 2.8% for Namibia in its latest World Economic Outlook, released today. This is unchanged from the IMF’s estimate in October 2022, but a drop compared to the 3.7% the Fund projected last April. The IMF’s latest projection is lower than finance minister Iipumbu Shiimi’s 3.2% which he mentioned in his budget speech at the end of February, as well as the Bank of Namibia’s (BoN) 3.0%…

ETHIOPIA HEALTH MINISTER DISCUSS REHABILITATION OF DAMAGED INFRASTRUCTURE

Posted on April 11, 2023April 11, 2023 by Gambeta News

High level federal delegation from Ministry of Health led by minister Liya Tadesse (PhD) has arrived in Tigray, Mekelle, today to observe the status of severely damaged health infrastructures, provide needed health materials, and discuss rehabilitation issues with regional authorities. The minister is making her first trip since the peace agreement signed between the federal government and Tigrayan People’s Liberation Front (TPLF) in Pretoria, South Africa in November last year. According to regional media Tigray…

CONSTRUCTION OF METRAC CENTRE BEGINS IN UGANDA

Posted on April 11, 2023 by Gambeta News

The government has launched the construction of a Mechanical Engineering Training and Advisory Centre to boost the level of training for machine operators. The Works and Transport minister, Gen Katumba Wamala, said the Shs8.8 billion Mechanical Engineering Training and Advisory Centre (METRAC), the first of its kind in the country, is in line with the strategic objectives under the National Development Plan III that targets to develop an Integrated Transport Infrastructure and services. “The government…

ZIMBABWE GOVT. TO RELOCATE KARIBA AIRPORT TO NEW SITE

Posted on April 11, 2023 by Gambeta News

Zimbabwe Govt. is going ahead with its plans to relocate Kariba Airport to a new site to accommodate more aircraft in the resort town. This was revealed by Transport and Infrastructural Development Minister Felix Mhona during the launch of the fast jet flights in Kariba last week. He said the move was meant to accommodate a wide range of aircraft, adding that it would also bring back Kariba to its former glory of being a…

EGYPT GOVT. ANNOUNCED WIND FARM PROJECT WORTH US$680M

Posted on April 10, 2023 by Gambeta News

The Egyptian Cabinet announced that the Red Sea Wind Energy Consortium signed a financial closing agreement worth $680 million for a project to establish a wind farm in the Gulf of Suez with a capacity of 500 megawatts. The cabinet added in a statement that the agreement was signed by representatives of the Red Sea Wind Energy Company and financing entities, the Japan Cooperation Bank, and the European Bank for Reconstruction and Development (EBRD). The…

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