GAMBETA NEWS: African Infrastructure News, Events, and more

ZIMBABWE: CONSTRUCTION SENGWA THERMAL STATION WILL KICK OFF SOON

Posted on 16 July 201917 July 2019 by Gambeta News

Is investing US$1.5bn for the construction of a 2,800MW thermal plant in Sengwa, Zimbabwe worth it? Rio Zim, a mining company in Zimbabwe; has achieved another milestone by signing a Power Purchase Agreement (PPA) with Power China to construct the Sengwa thermal plant. Power China in November 2018 signed a framework and exclusivity agreement with Rio Zim. The PPA is an essential part of this type of project as it guarantees investors of future benefits….

GHANA’s ODAW RIVER DRAIN TO BE FIXED SOON

Posted on 16 July 201917 July 2019 by Gambeta News

Will the proposed rehabilitation and Construction solve Odaw River drain menace? Odaw river drain which is ” The Central Tree Water of Accra” runs through the Accra metropolis. It flows through numerous communities and then into the Korle Lagoon and finally enters the Atlantic Ocean. However, the Odaw river drain menace has for a long time been a problem to residents of Accra. This has made local media houses to classify it as a life-threatening…

AIRTEL AFRICA BECOMES 3RD LARGEST STOCK ON NSE

Posted on 16 July 201916 July 2019 by Gambeta News

Congratulations to Airtel Africa as they successful listed on the Nigerian Stock Exchange (NSE) on Tuesday 9th July, 2019. Recently there seems to be a craze to list on the Nigerian Stock Exchange (NSE) especially by companies in the Telecoms Sector. First, it was MTN Nigeria and now Airtel Africa has followed suit. After the postponement of the listing process of Airtel Africa; which is the one of the continent’s telecoms giant on Friday (5th…

HOW TO PREVENT ROAD FAILURES

Posted on 15 July 201916 July 2019 by Gambeta News

When you hear the word road failure, the first thing that comes to your mind has to be poor maintenance. The present road failures are mostly seen in Africa due to bad infrastructural development on the continent. Such failures has result to local communities having challenges transporting their goods as well as providing service to customers. This is why maintenance of road failure is vital for any developing countries. In my view, maintenance is the…

EGYPT TO IMPLEMENT JOINT DESALINATION PROJECT WITH PRIVATE SECTOR

Posted on 15 July 201916 July 2019 by Gambeta News

Why is the Egyptian Government mulling over private sector involvement for the joint desalination project Desalination is vital for Egypt, especially in the provision and production of drinking water. Over the years, Egypt has been suffering from severe water scarcity. This has been from Uneven water distribution, misuse of water resources and inefficient irrigation techniques which has put the country’s water security at risk. Egypt water crisis has also had problems ranging from Population Explosion, Inefficient…

TANZANIA: CONSTRUCTION OF THE STANDARD GAUGE RAILWAY TO BEGIN IN DECEMBER

Posted on 15 July 201916 July 2019 by Gambeta News

The first phase of the Standard Gauge Railway (SGR) connecting Dar se salaam and Morogoro (the business capital) to the East will begin in December. Tanzania’s Minister for works, transportation and communication, Isack Kemwelwe confirmed that procurement of the necessary equipment for the project have been concluded. “We have already set some funds to purchase the engines and also begun procurement of 1,430 cargo wagons, 20 locomotives, 60 passenger carriages and five sets of multiple…

YOU AND THE OPPORTUNITIES OF TOMORROW

Posted on 12 July 201912 July 2019 by Gambeta News

Times are changing, are you ready for the opportunities of Tomorrow? The only thing that is constant in life, they say is change. In a world that is ever changing and with the advent of technology that is currently disrupting various industries across the globe; are you ready to weather this storm? According to Eliyahu Goldratt: “Good luck is when opportunity meets preparation; while bad luck is when lack of preparation meets reality”. Times, trends,…

SOUTH AFRICA KICKS OFF THE CONSTRUCTION OF WESLEY CISKEI WIND POWER PLANT

Posted on 11 July 2019 by Gambeta News

The Wesley Ciskei wind farm will provide 34.5 MW to the network of South African public company of Eskom. The new Wesley Ciskei wind farm will be constructed by Vestas Wind System near the town of Paddie. The project was handed to them by EDF Renewables ( Électricité de France) after they signed and Engneering Procurement and Construction (EPC). Hence, one of the major reason for the project is to foster the South Africa’s Renewable Energy…

NIGERIA: CONSTRUCTION OF THE 25KM AYINGBA ROAD COMMENCES.

Posted on 11 July 201912 July 2019 by Gambeta News

Kogi State Governor begins the construction of the 25 kilometer Dekina – Ayingba road after 58 years. The administration of Governor Yahaya Bello commissioned the ayingba road to enhance the living standard of the people and made promise of more development to come. The road which was first constructed in 1961 is awarded to TEC Engineering Construction Company to be completed in 9 months. This project will put an end to the long suffering of…

THE NEW ONDO STATE SEAPORT.

Posted on 10 July 201910 July 2019 by Gambeta News

Ondo State moves one step towards the construction of the new seaport at Ilaje local government. Plans for the construction of the new seaport in Ondo State has been concluded. The aim of the port is to enlarge the states investment options. The governor of Ondo State, Rotimi Akeredolu announced it after the Memorandum of Understanding(MoU) was signed with a member of the Dubai’s ruling family, His Highness Sheikh Dalmook Al Maktoum. “The government has…

MOROCCO IS BUILDING A NEW TECH CITY

Posted on 10 July 201910 July 2019 by Gambeta News

Morocco commences the construction of a new tech city in Northern Tangier in partnership with China Communications Construction Co (CCCC). Following the memorandum of understanding between China Communications Construction Co (CCCC) and BMCE Bank (Moroccan Bank for Foreign Trade), the construction of the new tech city in Northern Tangier is currently ongoing. Tanger Tech Mohammed VI as it is to be called was only successful after BMCE and the northern regional council had pulled out of…

PICTURES OF AFRICA50 INFRASTRUCTURE EVENTS IN RWANDA

Posted on 10 July 2019 by Gambeta News

Africa50 is an infrastructure investment platform that contributes to Africa’s growth . This is through developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact. The two-day General ShareHolder Meeting is from 9-10 july in Kigali, Rwanda. Want to know more about what we do @Africa50Infra? Watch our latest corporate video, which was unveiled this morning at the Opening Ceremony of our #A50GSM2019 this…

CENTRAL BANK OF LIBERIA TO LAUNCH NEW ECONOMIC FORUM SERIES

Posted on 10 July 2019 by Gambeta News

Central Bank of Liberia (CBL) to create public awareness among key CBL stakeholders with new economic forum series. Central Bank of Liberia (CBL) is making plans to launch a new economic forum series. This series will help Economic forums to have a dialogue on topical domestic and global economic issues. According to a release by CBL, the event will be the first in a series of bi-monthly economic forums. It will aim to create public…

AIRTEL NIGERIA LISTING ON NIGERIAN STOCK EXCHANGE (NSE)

Posted on 8 July 2019 by Gambeta News

Story so far… on Airtel Nigeria’s listing process on the Nigerian Stock Exchange (NSE) On Friday, 5th July 2019 the planned listing of Airtel Nigeria on the Nigerian Stock Exchange (NSE) market was postponed. According to NSE’s statement, the postponement was to make sure the telecommunications company Airtel Nigeria; meet all the requirement needed to list on the market. The telecommunications giant plans to list 3,758,151,504 ordinary shares of Airtel Africa Plc at 363 naira…

GASCO COMPRESSED NATURAL GAS OPENS IN NIGERIA

Posted on 8 July 2019 by Gambeta News

Gasco Marine unveil N2bn CNG plant due to high demand of gas in Nigeria Gasco Compressed Natural Gas (CNG) plant has been unveiled in Ogun state of Nigeria. The plant which was built by Gasco Marine Limited will redefine compression and distribution of natural gas in Nigeria. Gasco Marine CEO Bukola Badejo-Okusanya said “We are committed to taking gas everywhere there is a demand for it. He also said Promoting the use of natural gas…

ZIMBABWE PRESIDENT IN ENERGY TALKS WITH ESKOM

Posted on 8 July 20198 July 2019 by Gambeta News

President Mnangagwa held talks with President Ramaphosa over Zimbabwe Energy issues. President Emmanuel Mnangagwa has held talks with President Cyril Ramaphosa of South Africa toward solving the nation energy problem. The bilateral meeting was to find a lasting solution to Zimbabwe power challenges. During the meeting, President Mnangagwa announce that Energy and power minister Fortune Chasi will soon lead a delegate to South Africa. These delegates will finalise a new power deal that will ease…

ACEN HOST A SUCCESSFUL EGM IN PORT HARCOURT

Posted on 7 July 201924 April 2020 by Gambeta News

Association for Consulting Engineering in Nigeria (ACEN) hosted its Extra Ordinary General Meeting in Port Harcourt, Nigeria. The meeting centred around “The Role of Nigerian Consulting Engineers in Future Infrastructural Development“. Since 1972, ACEN continues to focus its effort towards ensuring that the highest level of technical competence and business ethics are brought to bear in the practice of the profession in Nigeria. During the Extra Ordinary General Meeting (EGM), numerous engineers from across the…

LUSAKA CITY COUNCIL TO PENALISE DEVELOPERS IN ZAMBIA

Posted on 3 July 2019 by Gambeta News

Lusaka City Council (LCC) to penalise developers in Zambia for having uncertified buildings. Lusaka City Council (LCC) is making plans to penalise developers in Zambia. This is due to finding that developers are occupying an uncertified buildings in the state capital. According to LCC, officers will start conducting physical checks of buildings in Lusaka and slap penalties on developers found wanting. The plan is to find out individuals that are occupying uncertified buildings. Speaking during…

QATAR AIRWAYS LAUNCHED FLIGHT TO SOMALIA

Posted on 2 July 20192 July 2019 by Gambeta News

Qatar Airways make first flight to Mogadishu with 115 passengers on board. Qatar Airways has launched a flight to Somalia. The flight will enable Somalia recover from the stalemate caused by years of devastating violence and wars. It will also contribute to rebuilding the country. The flight also offers foreigners the opportunity to travel to Mogadishu in order to reach them. Meanwhile, the first flight took off from Doha and arrived Mogadishu’s Aden Adde International…

ZIMBABWE GOVERNMENT LAUNCH INDUSTRIAL POLICY

Posted on 2 July 2019 by Gambeta News

Zimbabwe Government launch ZNIDP to help add value, increase employment and promote a culture for saving. Government of Zimbabwe has launch a Zimbabwe National Industrial Policy (ZNIDP) that will help transform the nation economy. The aim for the policy will be to add value, increase employment level as well as promote a culture for savings. Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu said through the ZNIDP, Government will ensure a conducive operating environment for the…

« 1 … 119 120 121 122 123 … 183 »