KENYA POWER SIGNS CONTRACT FOR LAST MILE CONNECTIVITY PROJECT

KENYA POWER SIGNS CONTRACT FOR LAST MILE CONNECTIVITY PROJECT

Second phase of Kenya’s Last Mile Connectivity Project (LMCP) begins. Kenya’s utility company, Kenya Power, have signed 23 contracts for the implementation of the government initiative termed  Last Mile Connectivity Project (LMCP), which aims to connect the entire country to the national electricity grid. The project which is already in its second phase, is funded jointly by  the African Development Bank (AfDB) and the World Bank. With AfDB providing 87% of the funds while World Bank…

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CONSTRUCTION OF LAGOS-IBADAN RAIL LINE TO START IN DECEMBER

CONSTRUCTION OF LAGOS-IBADAN RAIL LINE TO START IN DECEMBER

Lagos-Ibadan rail line construction to begin in December 2017. The Minister of Transportation, Rotimi Amaechi, disclosed that the laying of tracks for the Lagos-Ibadan rail line will be kick started in December 2017. Parts of the rail line will be arriving Nigeria by the end of November. According to the Minister; due to the construction of the rail line, there will be demolition of some existing assets like water pipes, gas pipes, houses, electric cables,…

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NDDC COMMISSIONED ROAD PROJECTS WORTH US$10m IN NIGERIA

NDDC COMMISSIONED ROAD PROJECTS WORTH US$10m IN NIGERIA

NDDC commissions road projects in Delta state, Nigeria, valued at US$10m The Niger Delta Development Commission (NDDC) said it has commissioned a number of road projects in Delta state worth US$10m. some of these roads include the Tebu-Gbokoda road in Olero Creek community, Udo-Ajamita road and drainages, Ireto road in Sapele and Uloho Avenue road in Ughelli. This was disclosed by the NDDC Managing Director Nsima Ekere, during an inspection. He said the projects were aimed at improving…

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AfDB GRANTS AIR CÔTE D’IVOIRE €98m LOAN AND €17m PARTIAL RISK GUARANTEE

AfDB GRANTS AIR CÔTE D’IVOIRE €98m LOAN AND €17m PARTIAL RISK GUARANTEE

Air Côte D’Ivoire secures €98m loan and €17.06m Partial Risk Guarantee for its expansion program The Board of Directors of African Development Bank (AfDB) Group have approved a total of €98m loan for Air Côte D’Ivoire to enable the airline expand its operations. The loan consists of a €51.16 million sovereign loan, €42.64 million private sector loan, and an African Development Fund (ADF) loan of €4.26 million. The deal also includes a €17.06 million African Development Fund Partial Risk Guarantee in the public-private…

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MUGABE INTERNATIONAL AIRPORT

MUGABE INTERNATIONAL AIRPORT

Zimbabwe finally renames its main airport after Mugabe On thursday morning a ceremony was held to officially rename Zimbabwe’s main airport in the capital Harare after its president. Harare International Airport – one of the biggest in the country, is now known as the Robert Gabriel Mugabe International Airport. The event which saw the 93-year-old president unveil a plaque that said the renaming of the facility was to ‘honour’ him. Although, the terminal building was inaugurated by Mugabe…

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AFREXIM BANK CONFIRMS NIGERIA HEALTHCARE INVESTMENT PLANS

AFREXIM BANK CONFIRMS NIGERIA HEALTHCARE INVESTMENT PLANS

A‎frican Export-Import Bank (AFREXIMbank) confirms plans to invest over US$16 billion in Nigeria’s Healthcare Sector At a press briefing at Abuja, the President and Chairman of the Board of Directors of AFREXIM Bank, Dr. Benedict Oramah, disclosed that the bank are planning to invest over US$16 billion in Nigeria’s healthcare sector. He said the bank came to this investment decision because of its long term plans to deepen its portfolio in the country, by building an ultra modern…

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BURKINA FASO-GHANA TO STRENGTHEN TRADE TIES

BURKINA FASO-GHANA TO STRENGTHEN TRADE TIES

GPHA seeking improved trade relationship with Burkina Faso. During a week long trade mission to Burkina Faso’s capital, Ouagadougou, organised by Ghana Ports and Harbours Authority (GPHA), which is aimed at increasing transit traffic between Ghana and Burkina Faso (who are Ghana’s biggest transit trade partner). Some concerns which need addressing were raised; Aiming at removing repetitive custom procedures at Ghanaian borders, Burkina Faso’s Customs are requesting to integrate its systems with those of its Ghanaian counterparts. This…

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Togo Releases 42 Detained Protesters, Calls For Dialogue

Togo Releases 42 Detained Protesters, Calls For Dialogue

Togo releases detained protesters,drops 2013 case against opposition leader Togo’s government has further appeased the opposition by releasing 42 protesters detained since September and dropped a 2013 arson case against opposition leader Jean Pierre Fabre. The announcement comes as the first of three protests by the opposition slated for this week began on Tuesday, stoking fears of a repeat of violence between opposition supporters, police and the military in the country. Hours to tuesday’s protest, the…

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South Sudan accuse Sudan for its civil unrest

South Sudan accuse Sudan for its civil unrest

Sudan responsible for South Sudan’s civil wars. South Sudanese President Salva Kiir on thursday accused Sudan of being a “source of weapons” fuelling the brutal civil war in his country. Tens of thousands of people have been killed in South Sudan’s civil war that erupted in December 2013, less than three years after it gained independence from the north. Since then ties between Khartoum and Juba have remained tense amid border disputes and mutual allegations…

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IN POWER FOR 35 YEARS CAMEROON’S PRESIDENT

IN POWER FOR 35 YEARS CAMEROON’S PRESIDENT

President Clocks 35 Years in Office Monday marked 35 years since Cameroon’s President Paul Biya took office. His supporters are marking the anniversary with celebrations.His opponents are calling for him to stand aside when the country holds a presidential election next year. A song, praising Biya for bringing peace and development to Cameroon, blasted through loud speakers in Nanga Eboko, a town in central Cameroon, where thousands of people have been brought in to celebrate…

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GERMANY’S DEVELOPMENT BANK ASSIST EGYPT ON CAPITAL PROJECTS

GERMANY’S DEVELOPMENT BANK ASSIST EGYPT ON CAPITAL PROJECTS

Germany’s Development Bank to fund capital projects in Egypt. Director of Germany’s KfW Development Bank Office in Cairo, Burkhard Hinz, have announced that the bank has agreed to support Egypt on its ongoing project with €1.8 billion. He also added that the total fund provided by the bank to Cairo have totaled to €5.5 billion since it began its operations in Egypt in the 1960s. The Development bank have been responsible for the establishment of some 900…

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NEW BIOFUEL PLANT IN SOUTH WEST NIGERIA TO GENERATE 1m JOBS

NEW BIOFUEL PLANT IN SOUTH WEST NIGERIA TO GENERATE 1m JOBS

NNPC project in Ondo state to create 1 million jobs. A memorandum of Understanding between the Nigerian National Petroleum Corporation (NNPC) and the Ondo state government has just been recently signed. The MoU is to establish a 65,000 million litres bio-fuel plant in Okeluse, Ondo State. The Group Managing Director of NNPC, Dr. Maikanti Baru, explained that the project will be a collaboration between NNPC and some investors who will bring  Foreign Direct Investment into the…

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Niger Delta leader pleas with Avengers not to resume ‘Planned’ Oil Attacks

Niger Delta leader pleas with Avengers not to resume ‘Planned’ Oil Attacks

Calls on Avengers to Hold off Oil Attacks A key community leader from Nigeria’s tense Delta oil-producing region called on militants on Sunday not to resume their attacks until they had further time to negotiate their demands with the government. Edwin Clark, who leads the Pan Niger Delta Forum (PANDEF), which has been holding peace talks with the government since last year, called on the Niger Delta Avengers militant group to “be patient.” Clark said…

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ROMANIA

ROMANIA

Authentic, Natural and Cultural are the words that best capture the essence of Romania. Romania a dynamic country rich in history, arts and scenic beauty situated in the north of the Balkan Peninsula on the western shores of the Black Sea. Its national capital is Bucharest. strolling here feels like stepping into the pages of a fairy tale like medieval town with its colourful facades and twisting cobble stone street.  Romania has the most beautiful waterfall in the world. Bigar Cascade Falls in Caras-Severin it’s…

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SEYCHELLES

SEYCHELLES

Seychelles a beautiful getaway destination for young lovers. Seychelles has over the years become a popular honeymoon destination for newlyweds looking for the ultimate escape as husband and wife. Seychelles are a group of 115 islands, in the Indian Ocean that lie off the coast of East Africa, northeast of Madagascar with only a few been inhabited. Most islands are nature reserves. Only a lucky few may experience the thrill of living on their own private island. But for…

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SOLAR ENERGY TO HELP ENHANCE RURAL ELECTRIFICATION IN NIGERIA

SOLAR ENERGY TO HELP ENHANCE RURAL ELECTRIFICATION IN NIGERIA

Sokoto government to use solar power for rural electrification. At a News conference in Sokoto , the special adviser to Governor Aminu Tambuwal on Public Private Partnership (PPP), Alhaji Bashir Gidado, disclosed that the state government have started the process of connecting rural households to solar power. This move is aimed at increasing energy usage and enhancing rural electrification in the region. The project, with its pilot scheme already in progress in Kurdula, a rural settlement in Balle town…

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SOREDON TO TACKLE HOUSING DEFICIT IN NIGERIA

SOREDON TO TACKLE HOUSING DEFICIT IN NIGERIA

SOREDON have emerged to support Nigerian government at all levels in tackling its huge housing shortfall. The Society of Real Estate Developers of Nigeria (SOREDON) have pledged to support Nigerian government in tackling the prevailing housing deficit (valued at 17 million units)  in the country by planning to construct and deliver 10,000 housing units in each of the country’s 36 states plus the Federal Capital Territory (FCT). This plans are said to be subject to…

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US$3.24m Water Supply project in Uganda completed

US$3.24m Water Supply project in Uganda completed

Communities gain from the completed Kapeeka Water Supply project in Uganda. The Kapeeka Water Supply project in Uganda worth about US$3.24m have just been completed. The project which was carried out by The National Water and Sewerage Corporation (NWSC) to benefit five sub-counties and Town Councils in both Nakaseke and Kiboga districts. The project which is intended to improve the economic welfare of people in the Luwero Triangle has already given access to clean and safe water to…

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CONSTRUCTION OF LONGEST TUNNEL IN NORTH AFRICA PROGRESSING WELL

CONSTRUCTION OF LONGEST TUNNEL IN NORTH AFRICA PROGRESSING WELL

Good Progress reported on the construction of longest tunnel in North Africa. China Railway Construction Corporation Limited (CRCC) which is working on Algeria’s Gantas railway tunnel – the longest railway tunnel in North Africa, has officially announced the successful cutting through of the tunnel. The Chinese firm said that this is a major breakthrough in the construction project which have lasted about six years, as the rocky terrain had been a challenge that even lead…

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West Africa in talks about shared currency

West Africa in talks about shared currency

Nigeria not partisan to the idea of a shared currency among West African Nations The Economic Community of West African States (ECOWAS) is currently in talks about a shared instrument. This was recently confirmed, when the Chairman of ECOWAS and also Togolese President, Faure Gnassingbe stated that “our region needs this unifying instrument, symbol of our shared destiny, to consolidate our customs union”. The economic community set up a task force comprising Togo, Niger, Ghana,…

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