NEWS

ZIMBABWE GETS US$7m AGRICULTURAL BOOST

Posted on by Gambeta News
ZIMBABWE GETS US$7m AGRICULTURAL BOOST

European Union (EU) to help revitalize dwindling Zimbabwean agricultural sector with US$ 7 million. Zimbabwe have been experiencing a consist shrink in its agricultural industry since it’s President, Robert Mugabe, handed over white farmers seized land to former liberation war fighters. Agriculture, been one of the major key players in most African economies, the European Union (EU) has agreed to provide a financial boost to the Zimbabwean Agricultural sector. This boost which is valued at US$7m…

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ETHIOPIAN AIRLINES GOES DIGITAL ON ITS OPERATION

Posted on by Gambeta News
ETHIOPIAN AIRLINES GOES DIGITAL ON ITS OPERATION

Ethiopian airlines has successfully removed papers from its business processes As a result on going green, Africa largest airline ( Ethiopian Airlines) has digitalized all its business processes like air craft maintenance, flight operation, commercial operation and finance. Others tends to include; human resources management, customer services, procurement and supply chain management, online learning, authorization and management approvals, etc. To remove paper all this processes are now shifted to e-platform. The initiative would remove paper from…

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TSOGO SUN UNVEILED NEW HOTEL IN CAPE TOWN

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TSOGO SUN UNVEILED NEW HOTEL IN CAPE TOWN

Cape town get new 19 storey dual brand hotel for tourism by Tsogo sun. Tsogo Sun which is a South African hotel, gaming and entertainment group has unveiled its new 19-storey dual brand hotel in cape town. The dual brands of SunSquare Cape Town City Bowl and StayEasy Cape Town City Bowl has now made the total rooms available to be over 2000 that is spreading across six hotels. Group CEO of Tsogo Sun, Jacques Booysen; “Cape Town…

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Guinea Bissau reduces debt by 90%

Posted on by Gambeta News
Guinea Bissau reduces debt by 90%

Support from ASLF helps Guinea Bissau reduce debt to Export-Import Bank of China (Exim Bank) by 90%. The African Legal Support Facility (ALSF) assisted the Guinea Bissau Government during an outstanding debt negotiation with China’s Export-Import Bank (Exim Bank) in Singapore. This assistance resulted to a series of  settlement and debt-restructuring that saw both parties (i.e Guinea Bissau and Exim Bank) agreeing to a 90% reduction in the outstanding debt obligation. This reduction which have saved…

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R16M SOLAR FARM INSTALLED ON TOP OF RANDRIDGE MALL

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R16M SOLAR FARM INSTALLED ON TOP OF RANDRIDGE MALL

As part of promoting the use of renewal energy, Emira property funds has installed R16m solar farm on top of its Randridge mall in Randpark ridge, Johannesburg. The photovoltaic solar farm  on the mall consists of 10,900 panels, it produces approximately 1.2MWh of electricity.Its panels were specially imported and manufactured by Canadian Solar/Jinko, and it uses SMA inverters. This solar farm helps the mall to save 2GWh of electricity every year, and it is estimated…

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HYATT HOTEL TO BUILD NEW FACILITIES IN SIX AFRICA COUNTRIES

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HYATT HOTEL TO BUILD NEW FACILITIES IN SIX AFRICA COUNTRIES

Hyatt hotel set to expand its  business with the planned construction of six resort across Africa. Hyatt hotels and resort which is an american operator, franchiser of hotels, resorts, and vacation properties has announces plans to construct at least six resort in Africa before 2020. The listed countries include; Cameroon, Algeria and Senegal which will be the first three to be constructed before Morocco and Tanzania. The Initiative is expected to lead business growth and international travel on…

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3D SELFIE SOFTWARE

Posted on by Gambeta News
3D SELFIE SOFTWARE

Researchers at the university of Nottingham has developed a software which uses an artificial intelligence (AI) to convert 2D images into 3D in seconds.  Selfie lover’s have  you ever wondered what your 3D selfie would look like? well now you could try something new to experiment with. Researchers at the University of Nottingham have developed a technology capable of producing 3D facial reconstruction from a  2D image called ‘the 3D selfie’. It was developed using…

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NIGERIA SPENDS AVERAGE 3BN ANNUALLY ON IMPORTED GOODS

Posted on by Gambeta News
NIGERIA SPENDS AVERAGE 3BN ANNUALLY ON IMPORTED GOODS

Local manufacturers lose large amount of money because of inability to compete with imported goods and demands from the government. Nigeria which most individuals refer to as the giant of Africa, spends an average of 3 billion naira when importing goods to the country according to the President of Manufacturer Association of Nigeria (MAN) which in turns makes local manufacturer to lost a large amount of money because they cannot compete with the demand of…

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KIAMBU MALL SET TO OPEN IN KENYA

Posted on by Gambeta News
KIAMBU MALL SET TO OPEN IN KENYA

US$ 8m Kiambu Mall to be completed and opened in December after reaching its final construction stage Kiambu which is a town in Kiambu county having a population of 88,869 is about to have its first and largest shopping mall in the area. The Mall is expected to comprise of 5 floors which include Basement, Ground Floor, 1st Floor, 2nd Floor, 3rd Floor and a Rooftop. Chairman of  Mugaa Investment developer, Peter Burugu; ”The project was geared to…

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CYTONN TOWER TO BE CONSTRUCTED IN KENYA

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CYTONN TOWER TO BE CONSTRUCTED IN KENYA

Cytonn real estate to construct a tower in kenya that will comprise of 180 hotel rooms, 160 serviced apartments, three-bedroom duplex apartments and penthouse suites, three basement parking floors with a capacity for 1,500 vehicles. The highrise building which is expected to cost US$ 194m will be constructed by Cytonn Real Estate and will have up to 35 floor upon completion. The tower is expected to sit on a four-acre piece of land at the junction of…

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MALAWI WATER SHORTAGE TO BE ADDRESS BY KHATO HOLDING

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MALAWI WATER SHORTAGE TO BE ADDRESS BY KHATO HOLDING

Khato holding to solve water shortage problem in malawi after getting US$700m project. Malawi is a country that is rich in water resources, having a number of large lakes, rivers and aquifer but still have critical issues affecting their water supply. The population of Malawi currently stands at 17.2 million and continues to rise, with 12.7% of the population lacking access to improved water sources, 69% without treated, sanitary drinking water and nearly half (47.7%) of rural populations having to travel 30 minutes or…

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WORLD LARGEST OBSERVATION WHEEL IN DUBAI NEARS COMPLETION

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WORLD LARGEST OBSERVATION WHEEL IN DUBAI NEARS COMPLETION

 UK’s Mace almost done with the observation wheel in bluewaters island that is going to be the largest in the world once it is completed. Once the wheel is  completed, the 210m wheel will dwarf  the  currently world’s tallest observation wheel which is  167m high  in Las Vegas  and even the planned 192m high New York Wheel  that will  be completed by next  year April as well as Britain’s 135m London Eye. Dubai’s latest attraction has…

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UGANDA GETS POWER SUPPORT FROM SIEMEN

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UGANDA GETS POWER SUPPORT FROM SIEMEN

Siemen to increase national power generating capacity and connect more people to the power grid in uganda. Uganda is a country that has one of the lowest electricity access rates by global and regional standards. The country poor power sector has lead to its been able to have a grid electricity of less than 22% whereby making only 7% of the rural population currently electrified. Siemen’s contribution is primarily to increase national power generating capacities and to…

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MINING ACTIVITIES COMMENCES IN GUINEA AFTER RIOTS

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MINING ACTIVITIES COMMENCES IN GUINEA AFTER RIOTS

Bauxite mining activities commences again in Guinea after dialogue with protesters.  Protests and riots by enraged Guinean youths due to electricity cuts and lack of job and services had led to the halt of mining activities in the country, especially in the Guinea’s Boke region which is “home to two major companies that each produce about 15 million tonnes of the aluminium ore bauxite annually,” which makes up almost all of the country’s production. Mining…

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SAUDI ARABIA ANNOUNCED THAT WOMEN WILL BE ALLOWED TO DRIVE

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SAUDI ARABIA ANNOUNCED THAT WOMEN WILL BE ALLOWED TO DRIVE

Saudi Arabia takes a step forward  to end gender discrimination with this new announcement.  This courageous decision will  end what was regarded as a form of discrimination against females, and solve a long-lasting logistical nightmare for many Saudi women who will from June 2018  be able to drive  freely. King Salman ordered the reform in a royal decree delivered on Tuesday night, requesting that drivers’ licences be issued to women who wanted them. Prince Khaled…

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ARABTEC GETS EMAAR TOWER CONTRACT

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ARABTEC GETS EMAAR TOWER CONTRACT

The forte towers construction which is to house the iconic Dubai opera and other major events in dubai has been awarded to arabtec holding. Arabtec Holding, the largest construction company in the Persian Gulf by market value and the leading contractor for social and economic infrastructure has won the emaar residential tower which is the phase one  downtime dubai project. The towers which is expected to be situated in Dubai is a two-tower residential development, set…

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ABLAND START 35 LOWER LONG TOWER PROJECT IN CAPE TOWN

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ABLAND START 35 LOWER LONG TOWER PROJECT IN CAPE TOWN

Abland set to transform the Ernst & Young office into 35 lower long tower in cape town, south Africa. Abland Property Developers which is the forefront of creating groundbreaking spaces for businesses across South Africa has announced plans to build the 35 lower long tower in cape town, south Africa. The construction of the 24-storey building is expected to transform the site that was previously known as the Ernst & Young office. 35 Lower Long is…

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UBER PUBLIC BUS SERVICE SOON TO COMMENCE IN EGYPT

Posted on by Gambeta News
UBER PUBLIC BUS SERVICE SOON TO COMMENCE IN EGYPT

Uber, the smartphone enabled ride-hailing service alternative to traditional taxi-cabs is set to launch a public bus service in Egypt. Egypt been the most populous Arab country with a population of over 90 million is faced with heavy traffic, which Uber is striving to ameliorate since its arrival in 2014. Currently the Uber service is available in only three(3) Egyptian cities, Cairo, Alexandria and Mansoura. The new Uber bus service which aims at expanding into other…

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KENYA’S DRUG COMPANY TO CONSTRUCT NEW FACILITY

Posted on by Gambeta News
KENYA’S DRUG COMPANY TO CONSTRUCT NEW FACILITY

Dawa limited plans new plant construction for the production and launch of its new drugs Dawa Limited which is one of the leading pharmaceutical manufacturers of human and veterinary medicines in Kenya and East Africa has announce plans to build a US$ 30m drugs factory in Nairobi. The new plant is expected to enable the company to launch its new line of drugs into the country which are to help ease pain and suffering among diabetic, hypertensive…

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