GAMBETA NEWS: African Infrastructure News, Events, and more

KENYA GOVERNMENT TO GIVE FUNDS TO COUNTIES FOR DEVELOPMENT

Posted on 5 April 2018 by Gambeta News

Kenya government set to release funds for counties to develop their various areas. The Kenya government has given the sum of Sh2 billion to counties in the country. The aim of the fund will be use for building, equipping and renovating polytechnics in the area. It will also support county governments in equipping technical and vocational centres.The support will also capture student fees. According to the Division of Revenue Bill, the additional conditional allocation implemented by the…

MOZAMBIQUE SET TO CONSTRUCT ANOTHER AIRPORT IN GAZA

Posted on 5 April 2018 by Gambeta News

Mozambique set to construct another airport that will help increase the charter flight in gaza. The construction of the airport which will be in the southern province of Gaza. According to the President, the technicians have already made the measurements and tested the soil. Tenders for the project has already been launch in china and the company that wins the tender will begin the construction works this year. The Airport will be construct in Chonguene which is a few miles…

FOOTBRIDGE CONSTRUCTION ON THIKA SUPERHIGHWAY KICK-OFF IN KENYA

Posted on 4 April 2018 by Gambeta News

Construction of four footbridge on thika superhighway to enhance safety of individuals in kenya kick-off. The construction of the footbridge on the thika superhighway has kick-off in Kenya. The thika superhighway which already have 18 existing footbridges will have an additional four. The new footbridges will enhance safety of pedestrians when speed bumps are remove. The footbridges are being erected at: Mang’u area, Witeithie, Garden Estate Junction and Survey of Kenya. It will be located just before the junction to…

METAHARA SUGAR FACTORY RENOVATION NEARS COMPLETION IN ETHIOPIA

Posted on 4 April 2018 by Gambeta News

Ethiopia sugar factory renovation set to be completed soon after damage to the roof structure. The sugar factory which has been in operation since 1970 is undergoing renovation work after the thunderstorm. The thunderstorm cause a lot of damage which seen hotels and supermarket run out of sugar. The factory roof structure was damage due to the thunderstorm but is now undergoing renovation. Ethiopian Sugar Corporation communication director Gashu Ayichiluhum said “Despite the damages inflicted on the…

UNILEVER TO INSTALL 600KW OF SOLAR POWER PLANT IN KENYA

Posted on 4 April 2018 by Gambeta News

Kenya to get 600 kw of solar power plant as a result of agreement between Unilever and Cross Boundary Energy. Unilever company has sign an agreement with cross boundary Energy to install 600 kw solar plant in kenya. The project is to deliver substantial savings on power costs. It will also reduce its carbon emissions by over 10,000 tonnes over the plant’s 30-year lifetime. The solar plant is the first commercial and industrial power purchase agreement for…

Shs28.4bn CONSTRUCTION OF INSURANCE TOWER KICK-OFF IN UGANDA

Posted on 29 March 2018 by Gambeta News

Insurance Tower construction which will contain a tower office and commercial block kick-off in kampala. The construction of the tower office and commercial block in Kampala, uganda has kick-off. The project which is aim to have a tower that will comply with the International Supervisors standards. The tower will also enable the authority conduct effective supervision. Insurance Regulatory Authority of Uganda (IRA-U) meanwhile are in charge of conducting the supervision. CEO at IRA-U, Ibrahim Kaddunabbi Lubega said “We believe that…

CONSTRUCTION OF A MILITARY HOSPITAL IN LIBERIA SET TO KICK-OFF

Posted on 29 March 2018 by Gambeta News

Liberia President kick-off groundbreaking ceremony of military hospital. The Military hospital groundbreaking ceremony was perform by president weah. The project which will help contribute to regional peace and stability. The project was first announced by the president on february during the 61st Anniversary of the Armed Forces of Liberia. The President said that the 200-bedroom military hospital will be use by military and Paramilitary personnel. The president also reiterated his pledge and commitment to ensure the building of…

CONSTRUCTION OF ZIMBABWE PARLIAMENT BUILDING KICK-OFF

Posted on 28 March 2018 by Gambeta News

Zimbabwe parliament building set to start soon after grant was approved. The construction of a new parliament building will kick-off in a few months time. The project which has receive grants from chinese government will help increase the country seat in parliament. The building is part of plan to develop a new city that will form a joint venture between three councils. The city list are Harare, Zvimba and Mazowe. Public Works and National Housing Minister…

WEMA BANK SECURES US$35m CREDIT TO FUND SMEs

Posted on 28 March 2018 by Gambeta News

Wema Bank gets US$35m Line of Credit to support SMEs. Wema Bank Plc have secured a line of credit (LOC) from international lenders. The LOC is specifically to grow financial support for small and medium scale enterprises (SMEs) in Nigeria. The bank received US$15 million and US$20 million from African Development Bank (AfDB) and Islamic Corporation for the Development of the Private Sector (ICD) respectively. Wema Bank pioneered Africa’s first fully digital bank ALAT. According to its Managing Director,…

AIR FRANCE AND KENYAN AIRWAYS SIGN JOINT VENTURE

Posted on 27 March 2018 by Gambeta News

Air France, KLM JV and KQ forms Joint Venture Air France which merged with the dutch KLM in 2004 have signed a joint venture with Kenyan Airways (KQ). This agreement allows for direct flights between Paris and Nairobi. Passengers can now connect to 26 and 57 other destinations beyond Nairobi and Paris, respectively. Air France will operate three weekly flights between Nairobi and Paris. It will be flying its latest Boeing 787 Dreamliner on this…

EU BANK SIGNS US$25m SOLAR PROJECT FOR AFRICA

Posted on 27 March 2018 by Gambeta News

European Investment Bank (EIB–the EU bank) unveils US$25m Solar System Project For Africa The European Investment Bank (EIB) have signed a financing agreement for the installation of solar systems in some African countries. The agreement is between EIB and d.light design inc. d.light is a global leader in solar-powered solutions for people without access to reliable electricity. The solar system will strengthen access to energy in Nigeria and four other African countries and will worth US$25 million. According…

NAMIBIA

Posted on 26 March 2018 by Gambeta News

Namibia, the “Germ of Africa,” a unique and popular place to be Namibia is a country in southwest Africa. This country is a home to diverse wildlife, including a significant cheetah. The official language is English. In terms of land area, it is the 34th largest country in the world with 825,615 square kilometers. Namibia is one of the least crowded destinations on the planet. Its name was gotten from the Namib Desert- one of the…

DP WORLD TO INVEST OVER US$350m FOR PORT IN DR CONGO

Posted on 26 March 2018 by Gambeta News

Dubai company DP World to build and manage Port in Democratic Republic of the Congo (DRC). DP World have just won a 30-year management and also development permit for a multi-purpose port in Democratic Republic of the Congo (DRC). DP World operates multiple businesses from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions. Its headquarters in Dubai. The company will invest US$350m to construct a 600-meter quay and a 25-hectare yard extension….

SDGs PARTNER WITH OSUN GOVERNMENT TO BUILD PRIMARY HEALTHCARE CENTRES IN NIGERIA

Posted on 26 March 2018 by Gambeta News

SDGs and Osun Government build 61 Primary Healthcare centres in nigeria. The construction of the 61 Primary healthcare is a major boost to the state. The development has increase the number of health facilities in the state and will also create job opportunities for resident. Sustainable development goals(SDGs) has also procured and distributed over N3 million worth of drugs to the people. The agency has over the years succeed in all its people-oriented programmes despite financial constraints….

FIRM DEMAND COMPENSATION FOR STALLED HAZINA TOWER PROJECT IN KENYA

Posted on 23 March 2018 by Gambeta News

Chinese firm ask for compensation after delay of the hazina tower project in kenya. The Hazina tower which has been under construction since 1997 has now had a setback. The latest setback is the request from the contractor to have a compensation as the project is taking more time. The compensation request by Jiang Xi International is worth Sh20 million per week for the addition days they have been on site. The company claim that the delay…

ONDANGWA AIRPORT IN NAMIBIA UNDERGOES REHABILITATION

Posted on 23 March 2018 by Gambeta News

Ondangwa airport undergoes repair of broken tiles on the runways. The Airport broken tiles has been a disgrace from people using it. The problem started two year after the Namibian Airports Company (NAC) revamp the terminal building and the runway. The cost of the revamp was US $7.1m and ever since it was build, the both revamp is having problem. NAC has set up an independent audit to determine the cause of the airport’s problems. The audit will also help…

NIGERIA GOVERNMENT APPROVED LOANS FOR PORT-HARCOURT-MAIDUGURI RAILWAY PROJECT

Posted on 23 March 2018 by Gambeta News

Nigeria Government gives approval for negotiation of railway loan for port-harcourt-Maiduguri project. The Port-harcourt-Maiduguri project which will link both state is in a negotiation stage after the President approves the loan deal. The loan deal which is worth US $15bn is for the completion of the rail project. The approval is for the both parties to start looking for funds to undertake the project. The latest project will help revamp all transportation network across the nation….

DANGOTE CEMENT TO RAISE US$800m THROUGH CURRENCY BONDS

Posted on 22 March 2018 by Gambeta News

Dangote Cement Plc to raise US$800m from issuing Eurobonds Africa’s largest producer of the building material, Dangote Cement Plc plans to raise N300 billion (US$833 million). Dangote Cement Plc have approval from the Securities and Exchange Commission (SEC) and other regulators to raise this fund through local currency bonds. Dangote Cement, the most capitalized stock in the NSE wishes to use the fund for its expansion and also to refinance its debt. According to Brian Egan, the company’s Chief…

UNDP BUILT 608 HOUSES FOR BORNO COMMUNITY IN NIGERIA

Posted on 22 March 2018 by Gambeta News

UNDP builts 608 houses to help the ngwon community recover from the terror attack that had many building destroyed by boko haram. The United Nations Development Programme (UNDP) has built and hand over 608 house to Ngwom Community in borno state. The state has been having problem with the housing sector. The housing units are part of efforts at rebuilding about 20 destroyed communities by Boko-Haram in 2014 and 2016. The event which happened in 2014 and…

CONSTRUCTION OF BEACH SOCCER STADIUM IN MALAWI UNDER PROGRESS

Posted on 22 March 2018 by Gambeta News

Beach soccer stadium construction in progress in malawi that will help increase patronage of the sport. The construction of the stadium is in progress in Lilongwe, malawi. The beach soccer stadium will be the first to be built away from the Lakeshores where the sport is usually played. The project will be build in phases with the first phase to be finish in april. The Central Region Beach Soccer Committee (CRBSC) leadership is happy with the level of…

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