DAR-ISAKA RAILWAY CONSTRUCTION AT FINAL STAGE IN TANZANIA

DAR-ISAKA RAILWAY CONSTRUCTION AT FINAL STAGE IN TANZANIA

The construction of Dar es Salaam- Isaka railway is at it final stage according to the nation Minister for Works, Transport and Communications, Engineer Isack Kamwelwe.

Speaking during the commissioning of one locomotive among the seven locomotives that are being repaired at Morogoro’s state-of-the-art workshop, he noted that the project

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KENYA SECURE US$746.8MILLION FOR ISIOLO-MANDERA ROAD UPGRADE

KENYA SECURE US$746.8MILLION FOR ISIOLO-MANDERA ROAD UPGRADE

Kenya Government has secure a loan worth US$746.8m(Sh81billion) from the World Bank for the upgrading of Isiolo-Mandera road.

The 750-kilometre Isiolo-Mandera road is aimed at improving the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in the North-Eastern region where

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EDUCATION INFRASTRUCTURE: WHY IT MATTERS

EDUCATION INFRASTRUCTURE: WHY IT MATTERS

Education as we know is the focal point for development during every individual life. It is one fundamental aspect that should never be ignored by government of EVERY nation.

SO WHAT IS EDUCATION INFRASTRUCTURE?

Education infrastructure are crucial elements of learning environments in schools and university. High-quality infrastructure enable a

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WORLD BANK SUPPORTING RWANDA DEGRADED WETLANDS

WORLD BANK SUPPORTING RWANDA DEGRADED WETLANDS

Rwanda secure funds from World Bank for degraded wetlands improvement.

World Bank will help restore degraded wetlands of Rwanda state capital Kigali. This state was made public by the Rwanda Environment Management Authority (REMA).

According to REMA, the fund from World Bank will help restore Gikondo Industrial Zone which has

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WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

World Bank making plans to invest in Ghana Cocoa industry.

Cocoa is Ghana chief agricultural export and cash crop. This is why the World Bank is investing fund to help shore up production of the crop over the next five years.

The project which is under the Cocoa Sector Value …

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WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

World Bank announce Pierre Frank Laporte as new country director for Ghana, Liberia and Sierra leone.

Pierre Frank Laporte is the new country director for Ghana, Liberia and Sierra leone. According to the release, Pierre Frank Laporte who is from Seychelles, will be based in the World Bank’s Accra Office. …

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HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

Africa’s Young President negotiates lower oil prices in Madagascar. 

President Andry Rajoelina discusses with oil industry representatives to lower the market price of petroleum products. These discussion border around the need for a more affordable price that will be favourable for the economy. The Malagasy household depend on petroleum products

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KENYA REQUEST US$750M FROM WORLD BANK FOR DEVELOPMENT

KENYA REQUEST US$750M FROM WORLD BANK FOR DEVELOPMENT

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 …

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NIGERIA DIASPORA REMITTANCES REACHES US$24bn

NIGERIA DIASPORA REMITTANCES REACHES US$24bn

Remittances from Nigerian Diasporas hits US$24 billion in 2018

Remittances from diasporas of Africa’s most populated country – Nigeria in 2018 reached US$24.3 billion. This is the highest figure across Sub-Saharan Africa and it is also US$2 billion higher than the inflows in 2017.

World Bank’s latest Migration and Development …

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WORLD BANK APPROVES US$40M GRANTS FOR GHANA TOURISM SECTOR

WORLD BANK APPROVES US$40M GRANTS FOR GHANA TOURISM SECTOR

Ghana receives grants from World Bank for its tourism sector development.

World Bank has approved US$40m for Ghana’s tourism sector. This grant will help improve Ghana’s tourism sector as well as make it attractive to the entire globe.

The grant will be for improving the facilities of various tourists sites …

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NACHTIGAL HYDROPOWER PLANT IN CAMEROON TO LIMIT CLIMATE CHANGE

NACHTIGAL HYDROPOWER PLANT IN CAMEROON TO LIMIT CLIMATE CHANGE

Nachtigal Hydropower Plant in Cameroon will help limit climate change.

On the 31st of January 2019, the World Bank Group via World Bank Africa tweeted; that it supports the construction of the Nachtigal Hydropower plant in Cameroon.

Derivatives from the tweet suggests that; the 420 mega watts (MW) Nachtigal Hydropower …

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UGANDA

UGANDA

Construction of Namutumba Health Centre III kicks-off in Uganda

The Construction of  Namutumba Health Centre III in Uganda have begun. The project which is worth Shs500m is part of the World bank’s plan to grow the Ugandan health sector.

The  Namutumba Health Centre III will have a maternity ward, children, …

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WORLD’S LARGEST SOLAR PARK TO BE UNVEILED IN EGYPT

WORLD’S LARGEST SOLAR PARK TO BE UNVEILED IN EGYPT

Egypt to unveil world’s largest solar park/farm this year.

By mid this year 2019, Egypt expects to unveil its Benban solar park; which covers a 37.2 km2 (14.4 sq mi) area and will produce more than 4TWh of power once fully operational. The park consists of 41 power plants/stations …

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CHAD TO RECEIVE US$125m SUPPORT FROM WORLD BANK

CHAD TO RECEIVE US$125m SUPPORT FROM WORLD BANK

Chad to get US$125 million developmental support from World Bank

To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country.

Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of …

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NIGERIA GETS US$2.1bn LOAN FROM WORLD BANK

NIGERIA GETS US$2.1bn LOAN FROM WORLD BANK

World Bank outlines US$2.1 billion concessionary loan for Key projects in Nigeria.

The World Bank have approved a US$2.1bn project support loan for Nigeria. The loan is for the support of seven(7) key projects in the country. The projects includes nutrition, access to electricity, fiscal transparency of states, eradication of …

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