NEWS

BUCHANAN FAIRGROUND ROAD CONSTRUCTION SET TO KICK-OFF IN LIBERIA

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BUCHANAN FAIRGROUND ROAD CONSTRUCTION SET TO KICK-OFF IN LIBERIA

Fairground road construction set to kick-off after ground-breaking ceremony in Liberia The construction of Buchanan Fairground Road is set to kick-off after ground-breaking ceremony. Meanwhile, the road construction worth  US$1.2 million will target the Fairground route in Buchanan, Grand Bassa County. The road construction will help pave other roads in Grand Bassa County to provide easy access for the movement of people in the county. This is vital because, it will help ease the road traffic and improve the…

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ANGOLA NOW MEMBERS OF GAS EXPORTING COUNTRIES FORUM (GECF)

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ANGOLA NOW MEMBERS OF GAS EXPORTING COUNTRIES FORUM (GECF)

Angola have joined the Gas Exporting Countries Forum (GECF). Angola have now become a member of the the Gas Exporting Countries Forum (GECF). They are now the sixth African member to join the forum after Nigeria and Equatorial Guinea. The Gas Exporting Countries Forum (GECF) is a transnational organization consisting of the world leaders in natural gas production; Some of which include Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago…

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TANZANIA MPs LIST CHALLENGES AFFECTING INDUSTRIALISATION DRIVE

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TANZANIA MPs LIST CHALLENGES AFFECTING INDUSTRIALISATION DRIVE

Members of Parliaments (MPs) list out challenges affecting industrialisation drive in Tanzania. Tanzania is a nation with great potential but lack of industrialisation is affecting it. The members of parliaments during it session said its is due to unfriendly business environment. According to the MPs, this is hindering and also threatening industrialisation drive. The MPs cited tax burden and kidnaping incidents as some of the challenges that were impeding the industrialisation drive. Arusha Urban legislator (Chadema), Godbless Lema said “If…

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SOLVING STAGNANT INFRASTRUCTURAL DEVELOPMENT CAUSED BY VIOLENCE

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SOLVING STAGNANT INFRASTRUCTURAL DEVELOPMENT CAUSED BY VIOLENCE

Addressing the issue of stagnant infrastructural development caused by Violence. A look at the Niger Delta  Presidential Amnesty Programme. Since releasing the world bank report which shows Africa’s stagnant Infrastructural development. World leaders have continuously mounted pressure on African leaders to address the issue of stagnant infrastructural development. Most people would clamour for government to increase spending on infrastructural project. However, a major factor impeding the growth of Africa’s infrastructure is violence. Therefore, it is…

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RECONSTRUCTION OF BOLGATANGA MOBILE PARK KICK-OFF IN GHANA

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RECONSTRUCTION OF BOLGATANGA MOBILE PARK KICK-OFF IN GHANA

Bolgatanga mobile park reconstruction kick-off in Ghana as plans are in place for other areas. The reconstruction of the Bolgatanga mobile park has kick-off in Ghana. The park which is an exciting place to visit as it is located in the northern part of Ghana. It has has a lot of craft work but has been in a bad condition for some time now. The reconstruction will focus on areas like re-vegetation, reserve player seats, goal…

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NIGERIA ECONOMY IN NEED OF PRIVATE INVESTMENTS – LCCI

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NIGERIA ECONOMY IN NEED OF PRIVATE INVESTMENTS – LCCI

LCCI advocates for increased private investments in Nigeria economy. President of the Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Ruwase, said Nigeria economy is in need of private investments. These investments will help create jobs, diversify the economy and also improve the welfare of the country’s inhabitants. He made this statement at the international investment conference organised by the chamber in Lagos. The theme of the conference was “Promoting Investment, Connecting Business”. Nigeria…

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CITY OF CAPE TOWN SET TO HARNESS STORMWATER FOR WATER GENERATION

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CITY OF CAPE TOWN SET TO HARNESS STORMWATER FOR WATER GENERATION

City of cape town plans to use stormwater to boost water resource in the area The city of cape town is set to harness stormwater which will help boost water resource in the area. This stormwater is view as the way forward for new water resource generation. Meanwhile, the aim is to keep the stormwater instead of allowing it to rush down the gutters. It will also help to retain 20% of winter rainfall through stormwater capture…

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GENERAL ELECTRIC SIGN POWER GENERATION DEAL IN NIGERIA

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GENERAL ELECTRIC SIGN POWER GENERATION DEAL IN NIGERIA

General Electric sign deal to provide power generation at Port Harcourt Refining in Nigeria. Multinational conglomerate company General Electric has sign a power generation deal that will help power generation in Nigeria. This deal will help support the power generation requirements of the Port-Harcourt Refining Company in Nigeria. The 12-years deal will include the provision of parts, spares and repairs. It will also include  services for over two major inspection cycles for three units of GE’s TM2500 aeroderivative gas turbines earlier…

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African delegates attending Paris Peace Forum

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African delegates attending Paris Peace Forum

The Paris Peace Forum is neither a summit nor a conference. It is a new annual event based on a simple idea: international cooperation is key to tackling global challenges and ensuring durable peace. To support collective action, it gathers all actors of global governance under one roof for three days. Through original formats of debates and the presentation of solutions, attending stakeholders will discuss and develop solutions for today’s transborder challenges. These are the projects originating from…

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NATIONAL CONSTRUCTION WEEK KICKS OFF IN NAIROBI

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NATIONAL CONSTRUCTION WEEK KICKS OFF IN NAIROBI

The National Construction Week brings together key events including the flagship conference ICoRCE, and official exhibition, The Big 5 Construct East Africa. Exhibition and Conference showcase the latest building solutions and leading industry insight from 7-9 November at the Kenyatta International Conference Centre. The National Construction Week series of events has been officially opened today at the Kenyatta International Conference Centre by Prof. Paul Maringa, Principal Secretary State Department of Public Works Designed to promote…

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2019 MANAGEMENT TRAINEE PROGRAM AT UNION BANK, Nigeria

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2019 MANAGEMENT TRAINEE PROGRAM AT UNION BANK, Nigeria

Union Bank (“UBN”) was established in 1917 and is one of Nigeria’s long-standing and most respected financial banking institutions. Union Bank of Nigeria Plc., commonly known as Union Bank of Nigeria, is a commercial bank in Nigeria. Are you digitally savvy, daring, a team player and a groundbreaker? Can you thrive in a diverse workplace that requires innovation and collaboration? We are looking for the best talent for our Management Trainee Programme. When you join us, you…

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UNIVERSAL LEARN DIRECT ACADEMY TO EMPOWER NIGERIAN YOUTH

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UNIVERSAL LEARN DIRECT ACADEMY TO EMPOWER NIGERIAN YOUTH

ULDA organise a seminar on self-employment skills in the building and construction industry in Nigeria We know that Infrastructure is key for any development, but it is important that the youth are in the forefront. This is why the Universal Learn Direct Academy (ULDA) is looking for ways to empower the youth in Nigeria. The limited liability company is looking to empower youth towards solving the endemic housing and infrastructural problems in Nigeria. Meanwhile, youth development and…

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GHANA LAUNCHES COMMODITY EXCHANGE IN ACCRA

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GHANA LAUNCHES COMMODITY EXCHANGE IN ACCRA

Ghana launches Commodity Exchange for Agricultural products. Ghanaian President Nana Akufo-Addo, have launched a commodity exchange in Ghana. The exchange will help farmers market their products and also receive payments within 24 hours. The Ghanaian government has also identified the commodity exchange as a key driver in realizing its goal of becoming West Africa’s agricultural hub. Farmers often do not possess adequate knowledge of the true value of their produce. Hence, they face the problem of…

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AFDB APPROVE LOAN FOR KAMPALA-JINJA EXPRESSWAY PROJECT IN UGANDA

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AFDB APPROVE LOAN FOR KAMPALA-JINJA EXPRESSWAY PROJECT IN UGANDA

AFDB approves loan for Kampala-Jinja Expressway project in Uganda. Uganda has receive a loan worth US$229.5 million from the African Development Bank. This loan is to help finance phase one of the Kampala-Jinja Expressway project. Meanwhile, the aim is to help Uganda reinforce its position as a regional transit hub. It will also help support its ambition to propel its economy into middle-income status by 2020. The Expressway will form part of the northern trade corridor from Mombasa in Kenya…

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CONTRACTORS STOP WORK OVER LACK OF MATERIALS IN ZIMBABWE

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CONTRACTORS STOP WORK OVER LACK OF MATERIALS IN ZIMBABWE

Contractors stop road maintenance work in Harare city citing unavailability of bitumen and high price of stone. Construction work at Harare City has stop due to lack of materials. The contractors has written to the  Harare City council citing the unavailability of bitumen and high price of stone. The project was issue to Bitumen World and Tencraft under the the Emergency Road Rehabilitation Programme (ERRP). Meanwhile, under the contract, the company will carry out maintenance on the road. Bitumen World…

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NIGERIA ADOPTS NEW STRATEGY TO INCREASE EXPORT

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NIGERIA ADOPTS NEW STRATEGY TO INCREASE EXPORT

Nigeria plans to increase export through Air cargo transportation: Airfreight Stakeholders Forum Nigeria is a nation having Oil as its main revenue generation sector but recently, the nation is looking forward to moving away from oil dependency. This has led to the establishment of new sectors to help diversify the nation’s economy. One of these sectors is the Air Freight sector. The Air cargo transportation is one area, the nation is trying to invest in….

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[Press Release] Big 5 Construct East Africa held a sit down with NCA and NEMA ahead of the event

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[Press Release] Big 5 Construct East Africa held a sit down with NCA and NEMA ahead of the event

EDUCATION IS KEY TO AVOIDING DEMOLITION IN KENYA SAY AUTHORITIES AHEAD OF THE BIG 5 CONSTRUCT EAST AFRICA EXHIBITION Ongoing demolition in Kenya targets buildings constructed without following the due legal process. Insight into demolition will be covered throughout free CPD certified workshops at The Big 5 Construct East Africa, 7-9 November at the Kenyatta International Convention Centre. National Construction Authority (NCA) and also the National Environment Management Authority (NEMA) say; they will now focus…

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NTHC TO BUILD 100,000 HOUSES IN GHANA OVER A FIVE YEARS PERIOD

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NTHC TO BUILD 100,000 HOUSES IN GHANA OVER A FIVE YEARS PERIOD

NTHC announce plans to build 100,000 houses to solve 17.5% VAT removal in Ghana’s affordable housing. Ghana’s National Trust holding company (NTHC) is making plans to build 100,000 houses over a five years period. This houses will help solve Ghana affordable home problem. This problem is due to the removal of the 17.5 per cent VAT on house sales and tax waivers on building materials. NTHC Managing Director, Eva Andoh-Opoku made the statement while donating educational…

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RWANDA AND ALIBABA GROUP SIGN AGREEMENT TO HELP BOOST ECONOMIC DEVELOPMENT

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RWANDA AND ALIBABA GROUP SIGN AGREEMENT TO HELP BOOST ECONOMIC DEVELOPMENT

Rwanda and Alibaba sign an electronic world trade platform (eWTP) agreement to help boost economy. The Rwandan government and Alibaba Group, a leading international online commerce company; have signed three (3) Memoranda of Understanding (MoU) to help boost the country’s economy. Under the agreement, Alibaba have also established an electronic world trade platform (eWTP) hub in the small East African nation. This have also made Rwanda the first country in Africa to establish an eWTP…

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NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

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NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment. To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit).  InfraCredit is a specialised infrastructure credit enhancement facility by the Nigeria Sovereign Investment Authority (NSIA). NSIA purpose for establishing InfraCredit is to in fact effectively help enhance infrastructure investments in Nigeria. The 10-year…

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