NEWS

KENYA GOVT. SIGN DEAL TO BUILD GREEN FERTILIZER PLANT

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KENYA GOVT. SIGN DEAL TO BUILD GREEN FERTILIZER PLANT

The government has entered a partnership with Fortescue Future Industries (FFI) to establish a green fertilizer plant in the country in a bid to reduce reliance on imports. Under the agreement, FFI and the Government will work together to build a 300 megawatts(MW) capacity generation green ammonia and green fertilizer facility by 2025. This will be followed by the development of two further projects that will scale up renewable electricity generation for green industries by…

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EXPERT CALLS TO INVESTIGATE KWAZULU-NATAL AFTER EARTH TREMORS

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EXPERT CALLS TO INVESTIGATE KWAZULU-NATAL AFTER EARTH TREMORS

Experts Called in to Investigate KwaZulu-Natal Earth Tremors. A series of ‘minor earthquakes’ in KwaZulu-Natal over two days has prompted the provincial government to call in experts to determine the cause of the tremors. MEC for co-operative governance and traditional affairs Sihle Zikalala said: “The department has established contact with the Council for Geoscience, a legislated body to determine the extent of tremors and potential impacts in the affected areas,” said Zikalala. Zikalala added: “The…

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WHY GLOBAL ACTION IS NEEDED TO DECARBONIZED INDUSTRIES EVERYWHERE IN AFRICA

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WHY GLOBAL ACTION IS NEEDED TO DECARBONIZED INDUSTRIES EVERYWHERE IN AFRICA

Ahead of this year’s COP27 in Egypt, industry and government representatives from 15 developing countries across Asia, Latin America, and Africa met in a series of consultations about the challenges and opportunities they face in decarbonizing some of their most energy-intensive industries like steel, cement, and concrete. A report from these consultations – which were organized by the UN Industrial Development Organization (UNIDO), where I work – will be released during COP27’s Decarbonisation Day (Friday…

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GHANA GOVT. ANNOUNCED COMPLETION OF 220KM BITUMEN ROAD

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GHANA GOVT. ANNOUNCED COMPLETION OF 220KM BITUMEN ROAD

The Upper West Regional Minister, Dr. Hafiz Bin Salih, has disclosed that the government has completed bitumen surfacing of 220.29 kilometers (km) of roads in the region since 2017. He noted that this includes 127.6 kilometers of highways, 63.70 kilometers of feeder roads, and 28.99 kilometers of urban roads. The Minister made this assertion on Sunday when he took his turn to deliver the state of the region report in the area of roads, transportation,…

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NIGERIA POWER GENERATION ROSE BY 3% BUT CITIZENS STILL SUFFERING

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NIGERIA POWER GENERATION ROSE BY 3% BUT CITIZENS STILL SUFFERING

Nigeria’s power generation, yesterday, rose by three percent to 4,735.1 megawatts, MW, from 4,594.6MW recorded last week. The Nigeria Electricity System Operator, a semi-autonomous body under the Transmission Company of Nigeria, TCN, responsible for operating the transmission system disclosed this in its report obtained by Vanguard. The report showed an improvement from an average of 4,000MW, which the nation recorded for a greater part of 2022, but over 200MW less than the federal government’s 5,000MW…

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MOROCCO KING CELEBRATE NIGERIA-MOROCCO GAS PIPELINE PROJECT

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MOROCCO KING CELEBRATE NIGERIA-MOROCCO GAS PIPELINE PROJECT

The gas pipeline aims to ensure energy independence on the continent amid a context marked by serious challenges due to regional crises. King Mohammed VI celebrated the Nigeria-Morocco gas pipeline project, emphasizing its goal in a bid to support accelerating socioeconomic development on the continent. The King expressed satisfaction with the gas project during his speech, commemorating the 47th anniversary of the Green March on Sunday. While the Green march helped the country to regain…

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PWALUGU MULTI-PURPOSE DAM TO COMMENCE CONSTRUCTION IN GHANA

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PWALUGU MULTI-PURPOSE DAM TO COMMENCE CONSTRUCTION IN GHANA

The Upper East Regional Minister, Mr. Stephen Yakubu, has assured that work on the $993 million Pwalugu multi-purpose dam will commence soon as the necessary consultation with the various stakeholders is nearing completion. He said actual ground works had not started because the necessary engagements and consultations with the major stakeholders including the communities to be impacted by the construction of the project were still ongoing. “The reason why actual construction has not started is…

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SECOND RUNWAY CONSTRUCTION AT ABUJA AIRPORT WORTH N72BILLION TO BEGIN IN 6MONTHS

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SECOND RUNWAY CONSTRUCTION AT ABUJA AIRPORT WORTH N72BILLION TO BEGIN IN 6MONTHS

The Federal Government has said the N72 billion Second Runway for the Nnamdi Azikiwe International Airport, Abuja, will be delivered in six months.  The Minister of Aviation, Hadi Sirika disclosed this in Abuja on Thursday at the oversight visit by members of the National Assembly Overseeing the Aviation Industry. He explained that the project would be delivered within the next six months and maintained in the next year if funding is made available  According to him,…

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BOTSWANA WITNESS FIRST LOAD SHEDDING AFTER SEVEN YEARS ABSENCE

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BOTSWANA WITNESS FIRST LOAD SHEDDING AFTER SEVEN YEARS ABSENCE

Load shedding has returned after a seven-year absence as most parts of the country have been suffering from power cuts since last evening. Following the blackouts, the Botswana Power Corporation (BPC) announced that it is currently experiencing power supply constraints estimated to last for a week. The Corporation also said the outages are a result of forced power cuts at BPC power generation plants resulting in demand exceeding supply. “The situation is exacerbated by the…

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HOW GLOBAL ENERGY CRISIS COULD OPEN DOOR FOR MOZAMBIQUE

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HOW GLOBAL ENERGY CRISIS COULD OPEN DOOR FOR MOZAMBIQUE

The current world energy crisis is an opportunity for Mozambique and the African continent to increase exports of natural resources, the National Petroleum Institute (INP) advanced today in a conference on Energy Transition in Maputo. Mozambique has considerable potential in energy resources and, according to the INP, can become one of the main generators of clean energy in the wake of the worldwide energy crisis that we are currently witnessing. The entity charged with the…

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SEVERAL POTHOLES RE-EMERGED ON FOUR KAMPALA CITY IN UGANDA

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SEVERAL POTHOLES RE-EMERGED ON FOUR KAMPALA CITY IN UGANDA

Several potholes have re-emerged on four Kampala City roads a few months after they were patched up with compacted gravel, according to reports. The roads, which are in a sorry state, have made life hard for motorists and pedestrians.  The roads sampled include Fifth, Sixth, Seventh, and Eighth Street, all in the Industrial Area covering a total distance of over 7kms. Fifth Street covers a length of 0.8kms, Sixth Street (1.95kms), Seventh Street, (1.86kms), and…

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GHANA GOVT. URGE TO PRIORTIZE INVESTMENTS IN ENERGY SECTOR

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GHANA GOVT. URGE TO PRIORTIZE INVESTMENTS IN ENERGY SECTOR

The government has been urged to prioritize investments in the energy sector in the 2023 Budget with a special focus on clean and renewable energy. This is to help reduce the country’s over-reliance on fossil fuels and ensure a robust post-oil energy supply system to sustain the economy. The Africa Programme Officer for Natural Resource Governance Institute (NRGI), Denis M. Gyeyir, in his presentation at a Civil Society Organisations (CSOs) budget forum in Accra. With…

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MOROCCO AUTOMATIVE EXPORT INCREASED BY 34.9%

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MOROCCO AUTOMATIVE EXPORT INCREASED BY 34.9%

The volume of Morocco’s automotive exports reached MAD 77.7 billion ($7.11 billion) during the first nine months of 2022. The number represents an increase of 34.9% compared to the same period in September 2021, according to new statistics from Morocco’s exchange office. The increases concern the sale of car parts, and cables (56.2 % and 20.8%, respectively). The data shows that exports of automotive interior parts and seats remained “almost stable.” The automotive sector is one of…

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WORKS MINISTER PLEDGES TO COMPLETE ROAD REHABILITATION BEFORE PRESIDENT WEAH FIRST TERM

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WORKS MINISTER PLEDGES TO COMPLETE ROAD REHABILITATION BEFORE PRESIDENT WEAH FIRST TERM

The Minister of Public Works, Ruth Coker Collins, pledges to complete the rehabilitation of roads in the country before the end of President Goerge Weah’s first term. Minister Collins underscores that the completion of roads already earmarked is strategic and crucial for the pending National Housing and Population Census and the 2023 Presidential and Legislative Elections. Speaking at the Ministry of Information’s weekly press briefing on Thursday in Monrovia, she said completion of ongoing road…

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LEKKI DEEP SEA PORT CONTRACTOR ANNOUNCED COMPLETION OF PROJECT

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LEKKI DEEP SEA PORT CONTRACTOR ANNOUNCED COMPLETION OF PROJECT

The China Habour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Habour Engineering Company Limited (CHEC), which is the engineering, procurement, and construction (EPC) contractor for the $1.5 billion Lekki Deep Sea Port, has announced the completion of the construction of the port. The Lekki Port is one of the biggest deep-sea ports in West Africa expected to generate $361 billion in revenue for the Nigerian government while also providing close to 200,000 job opportunities…

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TANZANIA GOVT. EMBARK ON CONSTRUCTION OF AMANIMAKORO-RUANDA ROAD PROJECT

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TANZANIA GOVT. EMBARK ON CONSTRUCTION OF AMANIMAKORO-RUANDA ROAD PROJECT

The government has embarked on the construction of a 60.4bn/- Amanimakoro-Ruanda Road in the Ruvuma Region to facilitate public transport and transportation of goods in the region. The 35-kilometer road is set to be built to the tarmac level. Ruvuma Regional Tanzania National Roads Agency (Tanroads) Manager National Roads Eng. Ephatar Mlavi said the construction work of the road is being undertaken by China Railway Seventh Group (CRSG). Speaking during a visit to the construction…

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150 LOCAL AND INTERNATIONAL CONSTRUCTION BRANDS TO CONVENE AT THE BIG 5 CONSTRUCT KENYA NEXT MONTH

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150 LOCAL AND INTERNATIONAL CONSTRUCTION BRANDS TO CONVENE AT THE BIG 5 CONSTRUCT KENYA NEXT MONTH

Confirmed exhibitors hail from 17 countries worldwide, including official pavilions from Italy, Egypt, Germany, United Arab Emirates and Turkiye Italy serves as the ‘Country of Honour’, representing 62 companies in the building materials, machinery, and technology sectors Aalberts integrated piping systems, headquartered in Dubai, is the event’s Gold Sponsor – formerly known as Pegler Yorkshire   Nairobi, 31 October 2022: All international industry eyes are fixed on Kenya’s leading building and construction trade show The…

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UGANDA GOVT. TO CONVERT NAMANVE THERMAL POWER PLANT TO LPG UNIT

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UGANDA GOVT. TO CONVERT NAMANVE THERMAL POWER PLANT TO LPG UNIT

According to Energy Minister Ruth Nankabirwa, the government has already secured a memorandum of understanding with the government of Tanzania to convert Namanve Thermal Power Plant into a Liquefied Petroleum Gas production unit. The Ministry of Energy has said it is engaging the government of Tanzania to convert the recently repossessed Namanve Thermal Power Plant into a Liquefied Petroleum Gas production unit. Speaking during the unveiling of the Consumer Protection and Installation Permits Centre in…

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TANZANIA GOVT. UNHAPPY WITH SLOW PACE FOR CONSTRUCTION OF SCHOOL PROJECT

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TANZANIA GOVT. UNHAPPY WITH SLOW PACE FOR CONSTRUCTION OF SCHOOL PROJECT

The Parliamentary Administration and Local Governments Affairs Committee has expressed dissatisfaction over the slow pace in the construction of the public secondary school in the Kagera region, calling upon the authorities to ensure that the project is completed before December 30th, of this year. Chairman of the committee, Mr. Jaffari Chaurembo (MP), made the remarks on Tuesday while receiving a report on the implementation of the ongoing project involving the construction of the government-owned girls’…

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HOW EGYPT PLANS TO BRIDGE ITs FINANCIAL GAPS

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HOW EGYPT PLANS TO BRIDGE ITs FINANCIAL GAPS

The Central Bank of Egypt (CBE) decided to liberalize the exchange rate and raised the interest rate by 2% in an exceptional meeting of the Monetary Policy Committee (MPC). Over the past two days, the prices of Egypt’s bonds offered in euros and dollars in foreign markets increased, and the price of dollar-denominated bonds due in 2047 rose to 59.7% at the end of trading on Friday, compared to 59.07% at the end of Wednesday’s…

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