GAMBETA NEWS: African Infrastructure News, Events, and more

BERBERA PORT EXPANSION TO COMMENCE IN SEPTEMBER.

Posted on 23 May 2018 by Gambeta News

Berbera port expansion to commence with just concluded agreement between UAE and the Government of Somaliland. The Berbera Port expansion project is about to start with the just concluded agreement between United Arab Emirates (UAE) and Somaliland Government. The Head of Port Operation Ali Ismail Mohamed confirmed that the project is set to kick off after his visit to the port. Adding that the first phase will commence in September and concluded by 2020. The…

KENYA’S SOFTWARE GROUP AIDS ZIMBABWE BANK TO GO DIGITAL.

Posted on 23 May 201823 May 2018 by Gambeta News

Kenyan based software company leads Zimbabwean commercial bank into the world of digital banking. A Kenyan based software company, Software Group has come to an agreement with Metbank to digitize the bank’s operations. Metbank is a Zimbabwean commercial bank, with over 70,000 customers and is one of the fastest growing institute in Zimbabwe. While Software company have branches in over 65 countries globally. In the agreement, Software Group is to install agency, Internet and mobile banking platform…

TANZANIA SET TO UPGRADE CRUDE OIL DISTRIBUTION ROAD

Posted on 23 May 201825 May 2018 by Gambeta News

Tanzania Government set to upgrade road for easy crude oil transportation. Tanzania Government is set to upgrade the Handeni – Singida road through Chemba to the tarmac level. Furthermore the road will join three regions of Tanga, Dodoma and Singida. This regions are used to transport crude oil to other nations in Africa. Deputy minister for Works, Transport and Communications Elias Kwandikwa said ”The preparations for compensations has commence. He also said he has ask the resident in the…

NIGERIA CONSIDERS DISCONTINUING ABAJI-KOTON-KARFE ROAD PROJECT

Posted on 22 May 2018 by Gambeta News

Nigerian Government to terminate contract for Abaji-Koton-Karfe road project. The Nigerian Ministry of Power, Works and housing is threatening to terminate its contract with Bulletine Construction Company Ltd for the dualisation of the Abaji-Koton-Karfe road. According to the Nigerian government the basis for discontinuing the project is due to five months negligence by the contractor. The 49.4 km Abaji-Koton-Karfe road project ( section III of the Abuja-Lokoja Road dualisation) costs about N15.1 billion. It was initially expected to be complete…

KENYA POWER AND LIGHTING COMPANY PUTS IN US$15m TO IMPROVE POWER SUPPLY.

Posted on 22 May 201822 May 2018 by Gambeta News

Kenya Power to install new transformers and repair old substations with the aim of improving supply. Kenya Power and Lighting company (KPLC) is investing US$15 million to enhance power supply in Kisumu. The project will include repairs on existing substations and distribution lines and also installation of new transformer. The project will also touch the western and Southern Region of Nyanza and its completion will be in 2019. The transformers will be in Kisumu South, Chemelil,…

EGYPT AND RUSSIA TO SIGN DEAL FOR INDUSTRIAL ZONE OPERATION

Posted on 22 May 2018 by Gambeta News

Egypt and Russia sign agreement for industrial zone operation. Egypt has sign an agreement with Russia for the development and operation of an industrial zone. The Agreement is been sign by both countries Minister for trade and industry. The Industrial zone will be in East Port Said which is not far from the capital. It will also be build on a 5.25 million square-meter plot of land over three phases. The industrial zone will also serve as an international…

DR CONGO DEPLOYS TECHNOLOGY TO TRACK IT’S MINERALS.

Posted on 22 May 201822 May 2018 by Gambeta News

Blockchain technology used in DR Congo to track minerals from origin to consumption. Dorae Inc, has deployed blockchain technology to track cobalt, coltan and diamonds mined in DR Congo. Also, IMPACT of Canada has teamed up with technology firm Consensus to track gold from small mines. This will benefit DR Congo, as royalties paid to the government rose from 2 per cent to 10 per cent when President Joseph Kabila on March 9, signed the…

NATIONAL HIGHWAY ROAD REPAIR SET TO RESTART IN ANGOLA

Posted on 21 May 2018 by Gambeta News

Angola National Highway road repair set to kick-off after plans was complete. The repair work on National Highway Road (EN-180) which will link Lumbala – Nguimbo to the city of Luena has kick-off. It was originally abandon due to challenges encounter during the onset of the project. It took over a year but the project is set to restart. The project will help benefit the people in the area. It will also help transform the transportation sector…

FIRST FINANCIAL TECHNOLOGY (Fintech) HUB IN RWANDA.

Posted on 21 May 201821 May 2018 by Gambeta News

Rwanda will soon be home to a hub for financial technology (Fintech), boosting start-ups in the sector. The Chief Executive Officer of Finance Innovation Joelle Durieux revealed that the French based financial services in partnership with the Government of Rwanda is to set up a Financial technology (Fintech) hub. The project aims at creating new businesses and identifying better ways for the financial sector. KLab is also one of the two mutual partners in this…

DANGOTE GETS LICENCE FOR PEUGEOT PLANT IN NIGERIA

Posted on 18 May 201818 May 2018 by Gambeta News

Dangote secures franchise for new Peugeot Assembly Plant in Nigeria The Peugeot of France group have given franchise to Dangote Group. The franchise allows the group to construct and also operate a Peugeot assembly plant in Nigeria. The Dangote-Peugeot Automobile Nigeria Limited DPAN joint venture will own the new assembly plant. The joint venture comprises of Dangote Industries Limited, Kaduna State Government, and also the Peugeot of France PSA Groupe. This is coming after Dangote…

US$66.6M ROAD PROJECT PLANS KICK-OFF IN RWANDA

Posted on 18 May 2018 by Gambeta News

Construction plans kick-off for US$66.6m Rwanda road project. Rwanda Government has sign a contract with Export Import Bank for the road project. The 63 km road project will run through Rulindo and Burera districts. It will furthermore increase economic activity and make tourism in the area easy. The road will connect the tourist hub of Burera, and Ruhondo lakes, the University of Global Health Equity (UGHE). It will also connect a Cancer Reference Hospital in Butaro, all through…

WORLDCLASS OIL TRADERS COMPETE FOR PETROBRAS AFRICA

Posted on 18 May 201818 May 2018 by Gambeta News

Shell, Vitol and Glencore battle to buy Petrobras Africa. Three of the world’s largest oil traders are competing to buy assets of the African arm of Brazil’s petroleum corporation Petroleo Brasileiro SA (Petrobras). The three companies competing to buy the Petrobras Nigerian assets include; Shell, Vitol and Glencore. Petrobas Oil & Gas BV, or Petrobras Africa owns two world class Nigerian deep-water oil blocks containing the Agbami and Akpo producing fields operated by Total SA and…

MOZAMBIQUE MAKING PLANS FOR GAS REFINERY CONSTRUCTION

Posted on 18 May 2018 by Gambeta News

Mozambique set to construct a gas refinery after reaching agreement. The construction of the gas refinery is already in motion in mozambique. It is also currently undergoing a public tender stage for interested firm looking to undertake the project. The National Hydrocarbon Company (ENH) is in charge of constructing the refinery. It has also sign an agreement with chinese firm to help monitor the development of the project. The agreement was sign with Chinese National Petroleum Corporation…

CHINESE FIRM BAGS US$6.7BILLION RAILWAY CONTRACT IN NIGERIA

Posted on 17 May 2018 by Gambeta News

Chinese firm CCECC gets railway contract in Nigeria. Chinese firm China Civil Engineering Construction Corporation (CCECC) won the contract for the railway project. The project will also help link lagos and kano state in the nation. It will also help the Ibadan-Kaduna segment of the Lagos-Kano rail line. Minister of Transportation, Rotimi Amaechi said “This agreement is for the Ibadan-Kaduna rail line, which is part of the Lagos-Kano rail line. He also said that the completion time of the contract…

ZIMBABWE STOPS SOLAR STREET LIGHT PROJECT

Posted on 16 May 2018 by Gambeta News

Zimbabwe halts solar street light project because of lack of funds. Failure to raise enough fund have caused the Kwekwe City Council in Zimbabwe to halt the solar street light project. Last year the council made plans of raising US$200,000 for the installation of solar-powered street lights. So as to cut down on its electricity bill. For the fund raising, each household was levied 50 cents per month, but this however failed to reach the budget. During…

BASF OPENS NEW CHEMICAL OFFICE IN TANZANIA

Posted on 16 May 2018 by Gambeta News

Chemical firm BASF open new office in Tanzania as part of its Africa growth strategy. The chemical firm BASF has open a new office in Tanzania. The office will help offer highly customize sales and technical support to their customers. It will also increase the company business activities in Tanzania as well as fostering more partnership and business growth. BASF Vice President for Africa, Michael Gotsche said “Our presence in Tanzania will enable us to respond to…

AfDB APPROVES U$1.5m SOLAR POWER PROJECT GRANT IN NORTHERN NIGERIA

Posted on 16 May 201816 May 2018 by Gambeta News

Jigawa State Solar power progamme gets US$1.5m grant from AfDB. The US$1.5m grant for the implementation of Jigawa state “One Giga Watt (GW) Independent Power Producer (IPP) Solar Procurement Programme”, have received approval from the African Development Bank (AfDB). The approval shows the commitment of the bank towards developing renewable energy and also increasing energy to one GW capacity. The grant will support the completion of outstanding technical and feasibility studies. Which also include the design of a…

GHANA SET TO CONSTRUCT US$400M FACTORIES

Posted on 16 May 2018 by Gambeta News

Construction of 22 factories set to kick-off after plans were agree between different parties. The construction of the factories which is worth US$400m is part of a 10-point industrial transformation agenda. It will also help the different districts in the country to have one factory. The factories will help enable the commening of the process such as vegetable oil, garments, soya beans, maize, industrial starch, rice etc. It will also be sold among countries in the ECOWAS region of the…

CIMAF SET TO CONSTRUCT CEMENT PLANT IN IVORY COAST

Posted on 16 May 2018 by Gambeta News

Morocco firm set to construct a cement plant in Ivory coast that will increase its expansion in Africa. Morocco firm Cimaf is set to construct a cement plant in Ivory coast. The plant which will also produce 300,000 tons of cement per year is to be constructed in Bouake. It will be the lastest in a series of such project in the nation. The firm also laid the foundation for the first plant in Côte d’Ivoire an annual capacity…

TANZANIA LOBBIES BIDDERS FOR CONSTRUCTION OF HYDRO POWER PLANT

Posted on 15 May 2018 by Gambeta News

Tanzania invites bids for hydro power plant project in game reserve Tanzania Forest Services (TFS) published a tender invitation on its website inviting bids to build a 2,100-megawatt (MW) hydro power plant in a World Heritage site renowned for its animal populations. Clearance of the area will pave way for the commencement of the grand hydro power generation project at the Stiegler’s Gorge in the Selous Game Reserve scheduled to start in July this year. The…

« 1 … 152 153 154 155 156 … 183 »