CHARIOT ANNOUNCED COMPLETION OF FRONT-END ENGINEERING DESIGN FOR GAS DEVELOPMENT IN MOROCCO

CHARIOT ANNOUNCED COMPLETION OF FRONT-END ENGINEERING DESIGN FOR GAS DEVELOPMENT IN MOROCCO

Africa-focused energy exploration company Chariot announced that it has completed the “Front-End Engineering Design” (FEED) for its flagship Anchois offshore gas project in Morocco. This process aims to assess the project’s expenses and extensively plan before placing a bid submission. The project, which covers an area of more than 2,300 kilometers squared in a water depth that ranges from coastline to 850 meters, falls under the Lixus Offshore drilling license. Chariot holds 75% of the…

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EXPERT PONDER IF SOUTH AFRICA PUBLIC HOSPITAL SHOULD GO SOLAR

EXPERT PONDER IF SOUTH AFRICA PUBLIC HOSPITAL SHOULD GO SOLAR

For businesses and households that can afford it, solar panels and batteries offer a way to keep the lights on during South Africa’s ongoing bouts of load shedding. Such technologies may also offer a solution for healthcare facilities, where a reliable energy supply can be a matter of life and death. The problem of reliable energy at health facilities goes much wider than South Africa’s current load shedding woes. More than one in ten health…

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MUSANZE-KIGALI HIGHWAY TO GET 32 KILOMETRES ALTERNATIVE ROAD

MUSANZE-KIGALI HIGHWAY TO GET 32 KILOMETRES ALTERNATIVE ROAD

The government is building a 32 kilometres road that could be used in case of a landslide emergency that usually blocks movement on the Kigali-Musanze highway at a place called Buranga. On several occasions, the Musanze-Kigali highway got blocked by landslides around areas commonly known as Buranga in Nemba Sector and Rusenge from Kivuruga Sector, both in Gakenke District. Sometimes, the road would be closed for about three days. Aimé François Niyonsenga, the Vice Mayor…

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ZIMBABWE GOVT. APPROVED CONSTRUCTION OF THIRD LIMPOPO BRIDGE

ZIMBABWE GOVT. APPROVED CONSTRUCTION OF THIRD LIMPOPO BRIDGE

The construction of a third bridge across the Limpopo at Beitbridge between Zimbabwe and South Africa has been approved by Cabinet, as the Government moves a gear up to ensure that required infrastructure is always in place for the rapidly growing regional and international trade in line with its ease of doing business policy. Transport and Infrastructural Development Minister Felix Mhona said technocrats were already hard at work, setting the necessary legal frameworks and the…

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LILONGWE CITY COUNCIL OUTLINE INFRASTRUCTURAL PLANS IN MALAWI

LILONGWE CITY COUNCIL OUTLINE INFRASTRUCTURAL PLANS IN MALAWI

Mayor for the City of Lilongwe, Councilor Richard Banda says the council is committed in making infrastructural advancements in the Capital in a bid to improve its outlook. He pledged in Lilongwe during a press briefing where he said among other things the Council intends to complete the construction as well as rehabilitation of the roads in some parts of the Capital City. “As we are going towards the end of the financial year, the…

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FIRST PHASE OF FEEDER ROAD REHABILITATION COMPLETED IN LIBERIA

FIRST PHASE OF FEEDER ROAD REHABILITATION COMPLETED IN LIBERIA

The Feeder Roads Rehabilitation company operating in Maryland County says it has ended the first phase of its project in the county. The company’s regional engineer Mason Sammy told reporters over the weekend the project targets federal road rehabilitation within Harper, Maryland County, Fish Town, River Gee County, Harper District, and the road leading to Old Sodoken District in Pleebo. According to him, the first phase of the project has been completed and they’re in…

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NORRSKEN KIGALI HOUSE PHASE THREE CONSTRUCTION ANNOUNCED

NORRSKEN KIGALI HOUSE PHASE THREE CONSTRUCTION ANNOUNCED

Norrsken Kigali House, Africa’s biggest hub for entrepreneurs, has broken ground for the final phase of the construction (Phase 3) of its Kigali House which will commence on March 1. The Norrsken Kigali House phase 3 construction is a state-of-the-art office building that is set to transform the Kigali central business district skyline. The project is expected to house corporate companies and budding entrepreneurs bringing significant economic benefits to Rwanda. Speaking at the groundbreaking ceremony,…

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IFC TO INVEST US$256MILLION ON SENEGAL’s LARGEST CEMENT MANUFACTURER

IFC TO INVEST US$256MILLION ON SENEGAL’s LARGEST CEMENT MANUFACTURER

The International Finance Corporation (IFC), the World Bank’s investment arm, said it would invest €242-million ($256-million) in Senegal’s largest integrated cement manufacturer, Sococim Industries, to boost low-carbon production. Sococim, a subsidiary of French cement maker Vicat, will receive a €120-million loan from IFC’s own account and €122-million equivalent in local currency from Société Générale Sénégal and other lenders. The majority of the financing – €214-million – will be earmarked for green activities, the IFC said…

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GAMBIA GOVT.SIGN DEAL WITH SWISS COMPANY FOR REVENUE MOBILIZATION

GAMBIA GOVT.SIGN DEAL WITH SWISS COMPANY FOR REVENUE MOBILIZATION

The Ministry of Finance and Economic Affairs in partnership with the Gambia Revenue Authority signed a concession agreement with SICPA SA, a Swiss company, for the implementation of a revenue mobilization solution for excisable goods, telecoms services and refined fuels. The agreement signed at the Ministry of Finance is part of the reform priorities in the GRA’s corporate strategy plan 2020-2024. Speaking shortly after signing the agreement, the Minister of Finance, Seedy Keita said GRA,…

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SHELTER AFRIQUE AVAIL US$25M FOR AFFORDABLE HOUSING PROJECT IN ZIMBABWE

SHELTER AFRIQUE AVAIL US$25M FOR AFFORDABLE HOUSING PROJECT IN ZIMBABWE

Shelter Afrique has availed a US$25 million loan to the Government of Zimbabwe for affordable housing. Addressing a press conference in Harare yesterday after a meeting with the Ministry of National Housing and Social Amenities, banks, building societies, and housing co-operatives, Shelter Afrique managing director Mr Thierno Habib Hann said the initiative will scale up housing delivery in Zimbabwe. Mr. Hann said Shelter Afrique is a Pan African financial institution that focuses solely on financing…

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FIRST PHASE OF EGYPT’s ARISH PORT DEVELOPMENT TO BE READY THIS YEAR

FIRST PHASE OF EGYPT’s ARISH PORT DEVELOPMENT TO BE READY THIS YEAR

Egyptian President Abdel Fattah al-Sisi spoke about the development of the port of Arish, the first phase of which is expected to be inaugurated in 2023. After its development, the Egyptian army was able to send aid ships to Syria and Turkey. “We can say today that there will be a large size of land capable of entering production by the end of this year in Sinai,” commenting: “Our plan is not a modest plan,” Sisi…

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ETHIOPIAN AIRLINES SIGNED MoU WITH IGAD FOR HOSPITALITY

ETHIOPIAN AIRLINES SIGNED MoU WITH IGAD FOR HOSPITALITY

Ethiopian Airlines group and the Intergovernmental Authority on Development (IGAD) signed a Memorandum of Understanding  that aims to provide a framework on the provision of the Airlines products and services to the regional blov.  Per the MoU, Ethiopian Airlines will also provide hospitality services to IGAD at the Ethiopian Skylight Hotel. The airlines will also assign a dedicated team to handle travel and hospitality needs of the IGAD. “We are pleased to have signed this…

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HOW CONSTRUCTION OF OXYGEN PIPELINE WILL BRIDGE OXYGEN GAP IN GHANA

HOW CONSTRUCTION OF OXYGEN PIPELINE WILL BRIDGE OXYGEN GAP IN GHANA

The construction of the oxygen pipeline would bridge the existing oxygen gap whilst ensuring that the mortality rate due to the shortage of oxygen was reduced. Sponsored by an American non-governmental organisation, Society of Critical Care Medicines (SCCM), the project would be undertaken by a Ghanaian-based company, Life Care Technologies (LCT) within six months. Speaking at the launch over the weekend, a member of SCCM and an associate professor of anaesthe­siology and critical care medicine…

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BUDGET DEFICIT DERAIL DRAINAGE REHABILITATION IN RWANDA

BUDGET DEFICIT DERAIL DRAINAGE REHABILITATION IN RWANDA

A budget deficit is derailing the rehabilitation of 34 drainages to curb floods in the City of Kigali, the city Mayor, Pudence Rubingisa has said. “The floods that the city usually faces in April might create more ravines or drainages. Therefore drainage rehabilitation should be in a three-year action plan or in a more than four-year plan. We should have a number of drainages that should be rehabilitated every year,” he said. The increase in population in…

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SIERRA LEONE FM SAYS INFRASTRUCTURE KEY FOR AFRICA’s FREE TRADE

SIERRA LEONE FM SAYS INFRASTRUCTURE KEY FOR AFRICA’s FREE TRADE

Physical infrastructure has remained a major bottleneck in accelerating the implementation of the African free trade opportunities, Sierra Leone Foreign Minister Professor David Francis said. Speaking to ENA, the minister commended Ethiopia for its endeavors on physical integration to integrate the African continent via Ethiopian Airlines. Noting that infrastructural development is vital to accelerate the African free trade area, the minister noted that Ethiopia has come a long way to build physical infrastructure that would…

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ANGOLA GOVT. SEEK TO BOOST INFRASTRUCTURAL PROJECT THROUGH CHEAP FUNDING

ANGOLA GOVT. SEEK TO BOOST INFRASTRUCTURAL PROJECT THROUGH CHEAP FUNDING

Angolan Finance minister, Vera Daves, said the country needs to go on two fronts to boost and develop its infrastructure projects through cheap funding. Vera Daves, who was speaking at the Angola/Spain Business forum in Luanda, listed the creation of efficient base infrastructures for the creation of a “good” investment environment and the attraction of direct private capital to invest in various projects, including agri-business, fishing, and industry as the path the country needs to…

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KENHA SAYS OLD MOMBASA ROAD TO BE UPGRADE AFTER SECURING SH24.8BILLION FUNDS

KENHA SAYS OLD MOMBASA ROAD TO BE UPGRADE AFTER SECURING SH24.8BILLION FUNDS

The old Mombasa Road will be upgraded to Nairobi Expressway standards as part of the Sh24.8 billion project, which will also see the construction of new footbridges and pedestrian paths, according to a recent statement from the Kenya National Highways Authority (KeNHA). The work will begin soon once the road sections damaged during the construction of the Expressway have been repaired. This is according to KeNHA Director General Kungu Ndungu. The latter said that the 27-kilometer-long road’s…

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CONSTRUCTION OF MAJOR ROADS KICK-OFF IN UGANDA

CONSTRUCTION OF MAJOR ROADS KICK-OFF IN UGANDA

Construction and maintenance work on most city roads undertaken by KCCA has kicked off. KCCA Executive Director Dorothy Kisaka urged the public to stop criticizing the works insisting they are still on course with the construction and rehabilitation of roads. The forward maintenance worked have started with Sir Apollo Kaggwa Road, 5th Street, Gabba road Junction and queen’s way, where KCCA road department officials were seen patching up potholes. Speaking to the press during the…

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AFDB ANNOUNCED APPROVAL TO STRENGTHEN MOROCCO WATER RESOURCES

AFDB ANNOUNCED APPROVAL TO STRENGTHEN MOROCCO WATER RESOURCES

The African Development Bank (AfDB) announced the approval of a €201,000 grant to help and support technical assistance for the design of dams, river development as well as inter-basin interconnection studies in Morocco. The grant from the bank’s Technical Assistance Fund for Middle-Income Countries was approved in December 2022, the bank said in a statement. The project seeks to benefit the “entire Moroccan population, ” the bank said, stressing that the first component covers the provision…

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PRESIDENT SISI INAUGURATE EGYPT PETROLEUM SHOW

PRESIDENT SISI INAUGURATE EGYPT PETROLEUM SHOW

President Abdel Fattah Al-Sisi inaugurated the sixth session of the Egypt Petroleum Show (EGYPS). The opening ceremony was attended by Prime Minister Mostafa Madbouly, Minister of Petroleum and Mineral Resources Tarek El-Molla, and several ministers and senior officials. Major CEOs of the energy, oil, and gas sector participated in EGYPS, in addition to a group of energy ministers, government representatives, high-ranking officials of the European Union, secretaries of major international energy organizations, business leaders, and…

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