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NIGERIA NOW LARGEST RICE PRODUCER IN AFRICA

Posted on March 5, 2019March 5, 2019 by Gambeta News

Nigeria overtakes Egypt as the largest rice producer in Africa The biggest economy in Africa is now also the largest rice producer in Africa. According to Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley, Nigeria has overtaken Egypt as the largest rice producer in Africa. Egypt which was producing 4.3 million tonnes of rice annually have now declined by almost 40 percent this year. Nigeria on the other hand now produces about 4 million tonnes…

AKWA IBOM STATE LAUNCHES IBOM AIR

Posted on February 20, 2019 by Gambeta News

Akwa Ibom state have launched Ibom Air After several months, the Akwa Ibom Government have just launched its new airline company, Ibom Air. The Airline is among Governor Udom Gabriel Emmanuel’s key projects for the state. Although Ibom Air is completely owned by the Akwa Ibom State Government; its management would be professional and its operations will also align with world best practices. The Airline will provide 400 direct and indirect jobs in the state. …

WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

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

Before the elections commence in Africa, what do investors need to know? Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government. Some African countries this year 2019 will soon be voting to select new leadership for their countries. Some of these counties and their election dates include: Nigeria: 16th February, Senegal: 24th…

SOUTH AFRICA DECLINES ZIMBABWE US$1.2 BILLION LOAN REQUEST

Posted on January 21, 2019January 21, 2019 by Gambeta News

Zimbabwe’s US$1.2-billion loan request rejected; South Africa says it doesn’t have “that kind of money” A spokesman for the finance ministry in South Africa today said , South Africa rejects the request from its neighboring country Zimbabwe for US$ 1.2 billion loan. The national spokesman Jabulani Sikhakhane said, “South Africa did not have that kind of money”. Zimbabwe’s governments have hoped the loan could have help to stabilize the economy and maybe even resolve…

KENYAN GOVERNMENT START DREDGING ON LAKE VICTORIA

Posted on January 18, 2019January 18, 2019 by Gambeta News

Dredging process at Lake Victoria kick-off today in Kenya. Kenya government has kick-off the dredging process on lake Victoria. This process will help boost the nation transportation sector as well as growing the sector. Meanwhile, the process will help ease the vessel navigation. The project will help eradicate water hyacinth and also remove sediment which will further open the lakeside port. Meanwhile, the government took so long but finally the process is in place. The project will…

CONSTRUCTION OF SEMWA DAM RESUME IN ZIMBABWE

Posted on January 14, 2019 by Gambeta News

Semwa Dam construction resume after the project was included in Zimbabwe 2019 budget. Construction of the Semwa dam is set to resume in Zimbabwe after funds were provided. The project which kick-off in 2014 was originally set for completion in three years time but had financial issues. According to report, the dam will provide irrigation water sufficient to irrigate 12,000 hectares in the two districts. It will also provide water for domestic use at the…

TANZANIA CHIEF JUSTICE WARNS POLITICIANS NOT TO MINGLE WITH JUDICIARY MATTERS.

Posted on January 24, 2018January 24, 2018 by Gambeta News

Chief Justice Ibrahim hamais Juma warns the government against meddling with the judiciary. Head of Tanzania’s judiciary, Chief Justice Ibrahim Hamis Juma, has warned politicians to stop mingling with matters concerning the judiciary. He was speaking at a press briefing in connection with the country’s Law Week celebrations which marks the beginning of the court calendar that “Anybody who does so will be dealt with accordingly, this is the message I want to send. We are…

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