GAMBETA NEWS: African Infrastructure News, Events, and more

TOGOLESE REPUBLIC

Posted on April 27, 2018May 11, 2018 by Gambeta News

Info on the Togolese Republic as its marks its 58th Independence Anniversary today (27th April, 2018). Togo officially known as Togolese Republic is one of the smallest countries in Africa with an estimated population of 7.6 million. From the 11th -16th century marked the migration of various tribes into the region. Togo and its surrounding region earned the name “The Slave Coast” because from the 16th -18th century the coastal region was a major trading…

ETHIOPIA BOLE INTERNATIONAL AIRPORT EXPANSION WORK ONGOING

Posted on April 27, 2018 by Gambeta News

Expansion works ongoing at Bole International Airport, Ethiopia. The first phase expansion of the Bole International Airport in Addis Ababa, Ethiopia is already ongoing. After completion of the phase 1 expansion work, the Airport will commence operation by June 2018. The whole expansion project will come to completion by the end of this year 2018. According to Ethiopian Airports Enterprise CEO, Tewdros Dawit, the expansion project aims at addressing the congestion among the country’s airports. It also enables the Airport make a big…

TELECOMMUNICATIONS CONTRIBUTION TO NIGERIA’S GDP HITS 10%

Posted on April 26, 2018April 26, 2018 by Gambeta News

Nigeria’s Telecommunications sector’s contribution to GDP have hit 10%. Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umar Danbatta, said contribution of Nigeria’s telecommunications sector to Gross Domestic Product (GDP) has hit 10 per cent. While speaking to journalist in Lagos, he said National Bureau of Statistics figures for 2017, shows a contribution of N1.45 trillion to the GDP for 1st Quarter and N1.549 trillion for 2nd quarter. Danbatta, also added that this performance at a period of recession is…

CHEMICAL PLANT CONSTRUCTION BEGINS IN TANZANIA

Posted on April 26, 2018April 26, 2018 by Gambeta News

Tanzania begins construction of large chemical plant in Africa. The construction of a huge chemical plant has kick-off in Tanzania. According to report, the plant will be one of the largest in Africa. It will also provide jobs for people in the area. The Project name Chlor-Alkali plant will cost a total of US$112 million. It will also be a major market for salt producers in the country after completion. Because the chemical products for water treatment for…

RENOVATION OF COMMENDABLE DIRT ROAD KICK-OFF IN ERITREA

Posted on April 25, 2018 by Gambeta News

Renovation of dirt road in progress at Eritrea. The renovation of the dirt road has kick-off in eritrea. The project which will help improve the economic, business and social activities of the residents. So far around 80% of the renovation has been implemented. According to resident, the renovation will help the local investors living in the area. It will also boost the trade and social services provision activities. Furthermore it will also keep the road from damage due to…

THREE STAR HOTEL SET TO BE CONSTRUCTED IN BLOEMFONTEIN

Posted on April 25, 2018 by Gambeta News

Premier Hotels & Resorts set to build three star hotel as part of plan to expand its hospitality in South Africa. Construction of a Three star hotel is set to begin after plan for the project kick-off in South Africa. The mega development will be an expansion to Premier Hotels & Resorts. Meanwhile, the project which is worth US$ 7.5m will have over 88 bedrooms. The project will also have a restaurant, rooftop function area, lounge, a business centre…

Sh80 MILLION TO BE USE FOR ROAD UPGRADE IN KENYA

Posted on April 24, 2018 by Gambeta News

Baringo County set to invest fund for the upgrading of road in six sub-counties in Kenya. The upgrading of the road by Baringo County will help increase and improve over 600 km in the six sub-counties. It will also improve existing roads to spur development and tourism. The project is under the rapid response initiative which will maintain, grade and gravel the road. It will also targets to enhance 20 kilometres in each of the 30 wards in the region in…

IPP TO BUILD 147 MW WIND PROJECT IN SOUTH AFRICA

Posted on April 23, 2018 by Gambeta News

IPP set to build a wind project after agreement was signed with Eskom Holdings SOC Ltd in South Africa. Independent Power Producer (IPP) has sign an agreement with Eskom Holdings SOC Ltd for the wind project. The project which will see IPP build, own and operate a 147 MW wind plant in Roggeveld. It will also see a 4,7 MW mini hydroelectric plant in Free State. The overall investment in the construction of the two plants amounts to…

AIR TANZANIA PLANS EXPANSION TO OTHER REGIONS

Posted on April 19, 2018 by Gambeta News

Air Tanzania plans flights to Kenya and the rest of East Africa. Mr Ladislaus Matindi, Managing director, Air Tanzania Company Limited (ATCL), have revealed the company’s plan to start flying to Kenya, Uganda, Rwanda and Burundi. Matindi said this during the company workers’ congress. He also added that all the routes will be active from the next financial year. There have been significant improvement since government started reviving the Tanzania’s national carrier ATCL. The current target is to improve delivery…

ETHIOPIA TO BECOME AFRICA’S FASTEST GROWING ECONOMY

Posted on April 19, 2018April 19, 2018 by Gambeta News

Ethiopia to become 2018 Africa’s fastest growing economy. Latest IMF forecasts reveals that Ethiopia will overtake Ghana as the fastest growing economy in 2018. Bretton Woods institution data shows that Ethiopia will record an 8.5 percent growth rate. This will eventually surpass Ghana’s 6.3 percent growth rate. According IMF, entry of investors such as General Electric Co, Standard Group, as well as other Chinese companies into the Ethiopian economy will further stimulate the country’s US$73 billion GDP. This GDP…

CRUISE TERMINAL CONSTRUCTION KICK-OFF IN SOUTH AFRICA

Posted on April 19, 2018 by Gambeta News

Construction of a cruise Terminal kick-off in South Africa to help increase the number of passengers and boost the economic of the country. The construction of the cruise terminal has kick-off in the port of durban, South Africa. It will also include separate screening and temporary holding areas, parking for 200 vehicles. Furthermore it will also drop-off facilities for 12 buses, dedicated baggage drop-off areas. It will also have a separate passenger entry and exit points. The construction of…

MOZAMBIQUE OPENS NEW OFFSHORE HOTEL TO PUBLIC

Posted on April 19, 2018 by Gambeta News

New Offshore hotel (StayEasy Maputo) opens in Mozambique. Mozambique have officially opened the newest offshore hotel property known as StayEasy Maputo to the public. The Tsogo Sun Group’s, StayEasy Maputo hotel is located beside the shoreline of Mozambique’s capital Maputo. The hotel is only 9 km from the Maputo International Airport, and is next to the Baía Shopping Mall. It is obviously mainly for business guests, and leisure travelers, visiting the city. It also offers easy access…

TWO MULTI-STOREY HOSTELS TO BE CONSTRUCTED IN KENYA

Posted on April 19, 2018 by Gambeta News

Qwetu hostels set to create an environment for student to feel safe, calm and at home in Kenya. The construction of a premium hostel that will cater for university and college student has kick-off in Kenya. According to the report, The project is a joint partnership between Qwetu and local investors. Meanwhile the partnership has raised over US $8m towards the mega project. The project will comprise of two hostels with the first set to be accommodate up to…

UGANDA SIGNS US$4 BILLION OIL REFINERY DEAL

Posted on April 18, 2018April 18, 2018 by Gambeta News

Uganda Government signs US$4 Billion Oil Refinery Agreement Irene Muloni, Uganda Minister of Energy and Mineral Development, have signed a contract with the Albertine Graben Refinery Consortium. The event which was presided over by President Museveni saw the end of the Ugandan government’s five year struggle to get a company to invest in a refinery. Construction of the refinery will be under a public-private partnership. Albertine Graben Refinery Consortium will own 60% shares while the Ugandan government will…

CMA CGM SIGN CONTRACT TO OPERATE CONTAINERS ON LEKKI DEEP SEAPORT

Posted on April 18, 2018 by Gambeta News

Lekki deep seaport container terminal operator contract sign with world leaders in maritime transport CMA CGM Group. CMA CGM Group which is a world leader in maritime transport has sign a contract with lekki deep seaport. The contract will see the company be the container terminal operator. Meanwhile its subsidiary CM terminals will be in charge of marketing, operating and maintaining the lekki Deep Sea Port. Chief Executive Officer of Lekki Port LFTZ Enterprise, Navin Nahata said “We…

AFREXIMBANK TO BOOST AFRICA’S AVIATION INFRASTRUCTURE

Posted on April 18, 2018April 18, 2018 by Gambeta News

Afreximbank pledges to support Africa’s Aviation sector The African Export-Import Bank (Afreximbank) in partnership with the Russian Export Center (REC), embarked on a five-day roadshow. The road show took place in Nairobi, Kenya, through Kampala, Lagos, Abuja and Bamako. This event is part of efforts of the organizing bodies to improve the air transport infrastructure in Africa. Its intent is also to raise the profile of cutting-edge Russian aircraft and helicopters in Africa. The roadshow’s purpose is to…

HAZINA TOWER CONSTRUCTION COST REDUCE BY Sh2.8 Billion

Posted on April 18, 2018 by Gambeta News

Hazina Tower construction cost reduce after department of work performed an audit in Kenya. The cost of constructing the hazina tower is set to reduce following an audit by the department of works. The audit has reduce the fund for the project from Sh6.8 billion to Sh4 billion. National Social Security Fund who is the owner of the project has also told the national assembly after the audit. Meanwhile the agency said they have revised the…

FOUR SOLAR POWER STATION CONSTRUCTION KICK-OFF IN BENBAN, EGYPT

Posted on April 17, 2018 by Gambeta News

Construction of four solar plant station worth US $180m kick-off in Benban, Egypt which will help achieve the country energy use by 2020. The construction of the plant will form part of the giant Benban Solar Plant with an output of 186MW. The plant will generate up to 2GW of utility-scale solar capacity through a total of 40 projects after its completion. Meanwhile, China’s clean energy company TBEA Sunoasis and Egypt will take charge of the project to completion. TBEA’s vice…

KENYA GOVERNMENT BREAK GROUND ON CONSTRUCTION OF LOW-COST HOUSING PROJECT

Posted on April 17, 2018 by Gambeta News

Construction of 30,000 low-cost housing project set to kick-off after ground breaking ceremony in nairobi, Kenya. The kenya government has made plans to launch a low-cost housing project that will see over 30,000 houses. The project will help bring more investor and funds for the project. State House Spokesperson Manoah Esipisu said that “We’ve already spoken to setting up of the Kenya Mortgage Refinance Company within the next month. He also said that it will define…

CYTONN Ksh20 billion TRIPLE TOWER FACE PROBLEM IN KENYA

Posted on April 16, 2018 by Gambeta News

Triple Tower construction by cytonn face problem after residents say it will put their security and privacy in jeopardy. The construction of the triple tower in kenya by cytonn is facing problem. The problem is as a result of Kilimani residents saying that the project will bring risk to the environment. The residents also said the development will put their security and privacy in jeopardy. In response, Cytoon says that there is no cause for alarm that all…

« 1 … 154 155 156 157 158 … 182 »