EXPANSION OF THE AMBATOLAMPY POWER PLANT, THE LARGEST SOLAR POWER PRODUCTION IN MADAGASCAR

Posted on June 29, 2021 by Gambeta News

As part of the promotion of renewable energy and following phase 1’s success, JIRAMA and Green Yellow Madagascar have agreed to further expand the Ambatolampy power plant in order to increase its capacity from 20 to 40MWp as well as providing for a 5MWh of battery. The JIRAMA states that this expansion allows a significant reduction of its production costs within the framework of its recovery plan while supporting its renewable energy objectives. As for…

MADAGASCAR LAUNCH PARTNERSHIP WITH BIONEXX TO PRODUCE MEDICINES

Posted on June 23, 2020June 23, 2020 by Gambeta News

The Madagascar is launching a partnership with the company Bionexx – a specialist in the cultivation of Artemisia. This partnership will make Madagascar the first African producer of medicines based on this plant with great medicinal properties! BIONEXX is a Madagascar based company with model farms and an R&D center located on a 680 ha facility, 30km outside of Antananarivo. The company produces artemisinin from a herbal plant Artemisia Annua. The plant Artemisia Annua is…

MADAGASCAR, INVESTING IN STRATEGIC INFRASTRUCTURES

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

President Andry Rajoelina visit ongoing projects that will have major socio-economic impact in Madagascar. Madagascar President Andry Rajoelina visits different project across the nation that have the potential to increase the living standard of Malagasy. During his visit to Vinaninkarena, a town in Madagascar with a large population of farmers. President Andry reinstates his commitment to affordable housing with the ongoing construction of 100 affordable houses. This project is expected to boost economic activities in…

MADAGASCAR CELEBRATES 59TH ANNIVERSARY

Posted on June 26, 2019June 27, 2019 by Gambeta News

Colourful celebrations as Madagascar celebrates its 59th Independence Day Anniversary President Paul Kagame of Rwanda also joined President Andry Rajoelina of Madagascar in celebrating the 59th Independence Day Anniversary. Since gaining independence from France on June 26th, 1960, Madagascar continues to flourish. Interestingly, Madagascar is the world’s fourth largest island and is home to some rare creatures. More so, the beautiful French speaking island is approximately 400 km off the coast of East Africa. Today’s…

HISTORIC DECISION FOR OIL PRICES IN MADAGASCAR

Posted on June 20, 2019June 20, 2019 by Gambeta News

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 for electricity, and transporting commodities. Despite local exploration activities, the country imports to sustain its nearly 25 million people. The lack of affordable product hampers…

[PHOTOS] INAUGURATION CEREMONY FOR PRESIDENT OF MADAGASCAR

Posted on January 19, 2019 by Gambeta News

Yesterday, 35 delegates including representatives from Mauritius, Côte d’ivoire and France attended the inauguration ceremony for the President of Madagascar President Andry Raojolina, who is among Africa’s young leaders assumes office today 19 January 2019. In fact, at age 44, He is currently the 6th President of Madagascar. In a tweet, He said, “Very honored to have received the key to #Madagascar. My fellow citizens, I’ll be worthy of your trust! Thanks to my predecessors…

Madagascar – Unique Island

Posted on June 26, 2018June 27, 2018 by Gambeta News

Madagascar is the fourth largest island in the world, and it is located 400km off the east coast of Africa in the Indian Ocean. Madagascar’s s split from the Indian peninsula allowed native plants and animal to evolve in relative isolation. Thereby, making Madagascar a biodiversity hotspot. In other words, majority of the wild life you find on the island, you cant see anywhere else in the world. The ring-tail lemur is a typical example of…

MAHAFALY RESIGNS AS PRIME MINISTER OF MADAGASCAR.

Posted on June 4, 2018 by Gambeta News

The Prime Minister of Madagascar Mahafaly resigns in respect to the court order. The Prime Minister of Madagascar Oliver Mahafaly resigned on Monday according to the court ruling. The court order is to a new consensus Government to end a political crisis on the Indian Ocean island nation. An election law has been approved by President Hery Rajaonarimampianina which allows the opposition candidate Marc Ravalomanana to take part in election. Therefore, this action lead to a serious…

CONSTRUCTION OF TWO AIRPORT IN MADAGASCAR GETS UNDERWAY

Posted on January 22, 2018 by Gambeta News

Madagascar Airport set for construction after concession was granted that will help grow the tourism industry in the country. The construction which is for a public-private partnership concession of Ivato International Airport and Fascene Airport in Madagascar is set to kick. The concession which includes a new 17,500sqm international terminal at Ivato International Airport in Antananarivo, will have an initial capacity of 1.5 million passengers per annum plus the airport’s existing terminal will also be renovated to handle…

Tropical Cyclone Ava hits Madagascar

Posted on January 15, 2018January 15, 2018 by Gambeta News

Tropical Cyclone Ava ruins the eastern coast of Madagascar, 54,000 people displaced On january 5-6, Tropical Cyclone Ava passed through Madagascar with wind speeds of 140-190 kph (87 – 119 mph) devastating most part of the eastern coast of the island. The death rate had been put at about 29 people a week ago. On sunday 54,000 people were displaced by the cyclone from the records of the National Office of Risk and Disaster Management…

MADAGASCAR HEALTH MINISTER PERFORMS SURGERY ON SIAMESE TWINS

Posted on September 20, 2017March 6, 2018 by Gambeta News

In most countries health ministers are seen as officials more interested in paperwork than medical miracles. Not in country like Madagascar, where Mamy Lalatiana Andriamanarivo recently picked up a scalpel and separated conjoined siamese twins in a medical first for the Indian Ocean island nation. “Surgery was performed at the Joseph Ravoahangy Andrianavalona hospital on September 13 to separate Siamese twins joined at the abdomen and lower thorax,” Jean Marie Rasamimanana, the deputy technical director…

HIGH-PERFORMANCE POWER PRODUCTS KEEP SOUTH AFRICA’S WHEELS TURNING

Posted on November 6, 2023 by Gambeta News

South Africa’s crippling electricity problems, which leave the country without power for many hours a day, are causing grave difficulties for businesses and households. “The inability of the country’s primary electricity supplier to meet demand, has called for the private sector to step up and provide solutions that help keep businesses, educational facilities, hospitals, farms and homes running, even in the event of power outages and load shedding,” says Ryan Robertson, Vert Energy’s Sales and…

WORLD BANK APPROVES $150 MILLION TO IMPROVE INCOMES AND BUILD RESILIENCE IN NORTHERN MOZAMBIQUE

Posted on June 22, 2021 by Gambeta News

WASHINGTON, June 18, 2021 —In order to improve incomes and build social and economic resilience of local communities in selected rural areas of Northern Mozambique, the World Bank approved today a $150 million credit from the International Development Association (IDA)* in support of the Government of Mozambique’s Northern Mozambique Rural Resilience Project. “This operation complements our efforts aimed at supporting Mozambique to address some of the key drivers of fragility in rural communities in Northern…

IFC SENIOR OPERATIONS OFFICER – JOHANNESBURG

Posted on January 13, 2021January 13, 2021 by Gambeta News

Description IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For…

HOW AFRICAN COUNTRIES ARE LACKING FUND TO PROVIDE GREEN ENERGY

Posted on December 7, 2020 by Gambeta News

It quite sad that the African continent with it huge population is still finding it hard to provide Green Energy despite all the wealth of talent the continent have at its disposal. With less than a decade to meet global energy goals, sub-Saharan Africa is finding it difficult to provide affordable, reliable, modern energy due to lack of financing, according to the latest UN report. The Sustainable Energy for All (SEforALL) report released shows that…

AFRICA ATTRACTS $450 MILLION FOR TELECOM INFRASTRUCTURE

Posted on June 12, 2020June 12, 2020 by Gambeta News

Helios Towers Ltd, a UK-based telecommunications company with investments in Africa plans to invest $450 million of newly raised capital into African countries like Ethiopia. The privatisation of the nation’s telecom industry is seeing the surge of foreign direct investments into the country. The horn of Africa – Ethiopia, continues to lead Africa as an investment destination for foreign capital. The country has a very stable government, and has implemented policies that is making…

KENYA TO CONSTRUCT FIRST UNDERWATER MUSEUM

Posted on March 5, 2020March 6, 2020 by Gambeta News

The government of Kenya is ready to kick off the underwater museum project. The project which is in line with the country’s blue economy vision is set to boost tourism numbers in the Coast region according to Head of archeology at the National Museum of Kenya Dr. Caesar Bita. The museum which will also serve as Africa’s educational center for underwater archaeology will be constructed at the site of a shipwreck at Ngomeni which is…

AFRICAN LEADERS AT THE INVESTITURE FOR SENEGALESE PRESIDENT

Posted on April 2, 2019 by Gambeta News

African leaders join President Macky Sall of Senegal as He takes his oat for a second term in Dakar. Following a successful re-election in March, President Macky has spared no expense in inviting African leaders to witness His investiture. See pictures of African leaders at the investiture in Senegal. Here is a link to the live video on Facebook . 1.) President Roch Marc Christian Kaboré of Burkina Faso 2.) President Andry Rajoelina of Madagascar 3.) President Muhammadu…

32ND AFRICAN UNION SUMMIT KICKS OFF IN ETHIOPIA

Posted on February 11, 2019February 11, 2019 by Gambeta News

The 32ND African Union Summit for Heads of State and Government of all the 55 African countries is currently on-going in Addis Ababa, Ethiopia. The theme for the 32nd African Union summit is; “The Year of Refugees, Returnees and Internally Displaced Persons: Towards Durable Solutions to Forced displacement in Africa”. During the opening ceremony, chairperson of the African Union Commission Mr. Moussa Faki Mahamat welcomed the assembly of leaders, specially welcoming the new leaders of…

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

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

What investors need to know as African countries head to polls

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…

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