Africa Archives - Page 83 of 107

LIBERIA GOVT. PROVIDE LOAN TO BOOST RUBBER INDUSTRY

Posted on June 3, 2019 by Gambeta News

Liberia to boost rubber industry with US$1.725 million loan offer. Liberia Government has approve fund which will help boost rubber industry in the country. This fund is worth US$1.725 million and will pass through the Ministry of Finance and Development Planning (MFDP). The aim of the loan is to enhance the industry’s ability to intervene in the foreign exchange market. It will also support stability of the exchange rate and boost the country’s economy. President…

DANSOMAN ROAD PROJECT BEGINS IN GHANA

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

Construction and repair of Dansoman road which will improve mobility kick-off in Ghana. The construction and repair of Dansoman road has kicked-off in Ghana. The 25 kilometer road will improve the mobility as well as reduce traffic on the area. During the SOD ceremony of the road, Minister of Communications Ursula Owusu-Ekuful, said the constructors to ensure quality work and timely completion. According to her, the construction and repair has been a necessity of the…

FUNDING AFRICA’S INFRASTRUCTURE GAP

Posted on May 31, 2019 by Gambeta News

A look at Infrastructure funding gap across Africa and remedies so far. Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative sources financing to countries in Africa that have…

WORLD BANK APPROVES US$750M FOR KENYA IN SUPPORT OF REFORMS

Posted on May 30, 2019May 31, 2019 by Gambeta News

World Bank has Approved US$750 Million to Kenya Government Reforms in order to achieve their Vision 2030 objective The World Bank Board of Directors has approved US$750 million to Kenya Government today. This follows the request from the Kenya Government two days ago. The Fund will aim at development different infrastructure in the country. The fund serve as a support to the Kenya’s Government reforms that will enhance inclusive growth, reduces poverty. As well as,…

FG APPROVE BELEMAOIL EXPORT TERMINAL IN RIVERS STATE

Posted on May 30, 2019May 31, 2019 by Gambeta News

Federal Government has Approved the Establishment of Crude oil Export Terminal in Rivers State Federal Government of Nigeria has approve the establishment of a Crude Oil Export Terminal. The establishment will be in Kula community of Rivers State, from an indigenous oil company, Belemaoil Producing Limited. The approval is contain in a letter; which was signed by Department of Petroleum Resources (DPR) Director, Mordecai Ladan. The aim of the approval is to enable Belemaoil establish…

UGANDA TO BORROW €20M FOR KARAMOJA PROJECT SURVEY

Posted on May 28, 2019 by Gambeta News

Uganda to borrow €20m for karamoja survey projects. Uganda Government will borrow €20m from Corporate Internationalization fund of Spain for Karamoja project survey. This was make public by government spokesperson Ofwono Opondo. Cabinet member authorize the fund which will be use for the implementation of the Airborne Geophysical survey and Geological mapping. During the official announcement, Opondo says that with this mapping, government will be able to establish the various categories of minerals within Karamoja…

KENYA REQUEST US$750M FROM WORLD BANK FOR DEVELOPMENT

Posted on May 28, 2019 by Gambeta News

Kenya Government request US$750million from World Bank for infrastructural developments Kenya Government has ask for fund from the world bank for development of different infrastructure. The fund will be use to provide affordable housing, agriculture and other projects. The request is worth US$750million. The request is the first time in more than a decade that Kenya has ask for loan from the bank. According to the project document on the bank’s website, the loan will…

ETHIOPIAN AIRLINE SIGN DEAL WITH GHANA GOVERNMENT

Posted on May 27, 2019 by Gambeta News

Ghana sign deal with Ethiopian Airline to establish a national airline in Accra. Ethiopian Airline has sign a deal with Ghana government to establish a national airline in Accra. The deal is a joint investment from the Ghanaian government, the private sector, and the Ethiopian airline. According to the deal, the ownership of the Airline will consist of three structures. This structures are Ghanaian government having 10%, private investors from West Africa having 415 while…

HIGHLIGHTS OF THE FIDIC-GAMA 2019 CONFERENCE

Posted on May 24, 2019April 24, 2020 by Gambeta News

Highlights of interesting activities at the Fidic-Gama 2019 conference in Kampala Uganda. The 26th FIDIC-GAMA Infrastructure Conference in Kampala Uganda was littered with lots of interesting activities. The 3 days (12th – 14th May 2019) International conference organized by the Uganda Association of Consulting Engineers (UACE) and sponsored by the Kampala Capital City Authority (KCCA) was held at the Kampala Serena hotel. The event had amazing speakers who presented papers centred around the programme’s theme:…

NIGERIA GOVT. REQUEST FRESH LOAN FROM CHINA EXIM BANK

Posted on May 24, 2019 by Gambeta News

Chibuike Rotimi Amaechi say nigeria to request fresh loan form china exim bank Nigeria has requested a loan from China Exim Bank for the construction of a coastal line. The fund which is worth US$ 1.8billion will help the completion of the project according to Minister of Transportation. The actual cost of the project is US$ 2billion while Nigeria is to pay US$ 500 million as counterpart fund. According to Minister Chibuike Rotimi Amaechi, the…

LUTHULI AVENUE TO BE REVAMP AS ONE-WAY ROUTE IN KENYA

Posted on May 23, 2019 by Gambeta News

Luthuli Avenue set for revamp as part of Nairobi county decongestion plans. Kenya Government is set to implement their decongestion plans. According to Nairobi county, it will enable vehicle has easy access to leave the town. This will be made possible with the revamping of Luthuli avenue into a one-way route on central business district (CBD). The aim of the revamp will help vehicle leave the town centre through River Road. Meanwhile, the project is…

RWANDA ANNOUNCE MASTER PLANS FOR NEW KIGALI CITY

Posted on May 23, 2019 by Gambeta News

Master plan for New Kigali city to be unveiled in August Plans are set in motion for the unveiling of a new Kigali city. The project is expected to lay out the city’s development roadmap for the next 30 years. The plan which is part of Rwanda 2050 vision was presented to stakeholders at the City of Kigali. During the ceremony, Fred Mugisha said people were given adequate time to provide their inputs in the…

QUANTEL TO PUMP 50MW FOR MALAWI ELECTRICITY GRID

Posted on May 22, 2019 by Gambeta News

Quantel announced plans to pump 50mw under the Bwengu Solar Park Project for Malawi electricity grid Quantel Renewable Energy is making plans to pump 50mw into Malawi electricity grid. This project was announced during the signing of 14 power purchase agreement (PPA) deal that involves different energy company. Quantel CEO Marvis Fields said ”The Bwengu Solar Park Project will has the capacity to generate 50 mw. It may also go up to 65 mwp/year translating…

GHANA PRESIDENT INSPECTS WORKS ON ODAW RIVER DREDGING

Posted on May 22, 2019 by Gambeta News

Dredging work inspection been carried-out by Ghana President Nana Addo Dankwa Akufo-Addo Ghana President Nana Addo Dankwa Akufo-Addo was on site to inspect dredging work at odaw river. The project which kick-off in 2016 was aim at allowing the free flow of stormwater. This is after it has claimed so many a life in the catchment areas. During the inspection, Dredge Masters experts showed the President pictorial designs of the overhauling process for the Odaw…

PRESIDENT SISI PLAN EXPANSION OF ENERGY SECTOR

Posted on May 21, 2019 by Gambeta News

President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum. During the meet, President Fattah el-Sisi said ”He will ensure the full cooperation with Noble Energy. This will help strengthen research, discovery and production of natural gas effort in Egypt.” Al…

RWANDA GOVT. UNVEIL RECAPITALISATION PLANS FOR BRD

Posted on May 20, 2019 by Gambeta News

Rwanda Govt. to recapitalize the institution over a three year period worth Rwf 23 billion. Rwanda Government has unveiled a massive plans for the recapitalisation of Development Bank of Rwanda (BRD). The aim is to increase lender’s ability to fund the country’s ambitious development programme. This will help sustain financing key sectors, such as agriculture, manufacturing, housing, and exports, among others. The plan will be to recapitalize the institution over a three year period. This…

MONROVIA CITY CORPORATION DEDICATES HANDPUMP IN LIBERIA

Posted on May 20, 2019 by Gambeta News

MCC dedicates 14 hand pumps with help from World Bank and the European Union (EU) in Liberia Monrovia City Corporation (MCC) has dedicates 14 handpumps to resident of Chessemanburg Township, Bomi County in Liberia. The project is part of MCC’s corporate social responsibilities with the help from World Bank and the European Union (EU). During the ceremony, Mayor of Monrovia City Jefferson T. Koijee said ”The safety and health conditions of the residents here remain…

CONSTRUCTION OF HIGH VOLTAGE POWER LINE ON TRACK IN UGANDA

Posted on May 20, 2019 by Gambeta News

High voltage power line under construction in Uganda Uganda Government is constructing a high voltage power line in Karuma. The 60 kilometres High Voltage Power Line will connect Karuma Power Station to Olwiyo, Nwoya District. It will have an onward transmission to other area in the nation. Such areas include; Pakwach, Nebbi, Paidha, Arua, Koboko, Yumbe and Moyo. High voltage power lines are under construction to evacuate power from Karuma.The 60 kilometres High Voltage Power…

NIGERIA GOVT. ANNOUNCE PROGRESS OF LAGOS-IBADAN EXPRESSWAY

Posted on May 17, 2019 by Gambeta News

Lagos-Ibadan Expressway now 40% complete after inspection by Federal controller of works. Reconstruction of lagos-Ibadan expressway is at 40% according to Nigeria Government. Adedamola Kuti, who is a federal controller of works notify the public about the project. According to Kuti, the road project is on track to meet its deadline date. He also ask for motorists to be patient and maintain high level of discipline on the road. He describes the section of road…

ZIMBABWE PRESIDENT EXPECTED FACELIFT IN HARARE

Posted on May 16, 2019 by Gambeta News

President Mnangagwa calls for a new facelift on building in Harare. President Emmerson Mnangagwa has urge harare council to inform owner of building to refurbish it. According to President Mnangagwa it will help restore the city’s sunshine status. The president also suggest that Clr Gomba comes up with by-laws that will compel property owners to keep their buildings in order. This should be through constant refurbishing and painting. President Mnangagwa said “Your Worship, Cde Mayor,…

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