STADE DE YAMOUSSOUKRO CONSTRUCTION IS NEARING COMPLETION

STADE DE YAMOUSSOUKRO CONSTRUCTION IS NEARING COMPLETION

FIFA President, Gianni Infantino and Patrice Motsepe (President of CAF), were in Abidjan for the launch of a pan-African inter-school football tournament. They are also using the opportunity to access the readiness of Côte d’Ivoire for the upcoming 2023 Africa Cup of Nations #CAN2023. During the visit to President Alassane Ouattara, they discussed the important role that Côte d’Ivoire must play in African and world football.  Je me réjouis de la visite des Présidents Gianni…

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EGYPT’S NEW CAR MARKET CAN ACCOMMODATE UP TO 4,000 CARS

EGYPT’S NEW CAR MARKET CAN ACCOMMODATE UP TO 4,000 CARS

During a recent tour, President Abdel Fattah El-Sisi inspected the integrated complex and the new headquarters for the car market in Cairo-Ain Sokhna Road as an alternative to the Nasr City central market for cars in Al Hay Al Asher (10th District). The old car market wasn’t well-engineered, lacked basic services and used to cause severe traffic congestion in this area. The new car market in Ain Sokhna Road, however, spans over 57 feddans, accommodating…

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PHOTO UPDATE: CONSTRUCTION OF MODERN BOARDING SCHOOL FOR THE BLIND IN ADDIS ABABA

PHOTO UPDATE: CONSTRUCTION OF MODERN BOARDING SCHOOL FOR THE BLIND IN ADDIS ABABA

Addis Ababa: – First Lady Zinash Tayachew is constructing schools in all regions across the country and a boarding school for the blind. The modern boarding school will have a capacity to accommodate 300 blind people, and is being built on 3.3 hectares of land in Addis Ababa Kaliti sub-city. The secondary schools will be built in all regions; In particular, it has been found to be economically and geographically accessible to students who are…

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ESWATINI LAUNCHES NATIONWIDE REHABILITATION OF ROADS

ESWATINI LAUNCHES NATIONWIDE REHABILITATION OF ROADS

Eswatini’s Minister of Public Works & Transport Chief Ndlaluhlaza Ndwandwe has officially launched the 2021 nationwide rehabilitation of 400 kms of roads worth E48 million. The project has begun with the rehabilitation of the 20kms Luganganeni-Kukhanyeni road. The project will see Government conducting a rehabilitation of road beds across selected unpaved district roads in all four regions of the country. The Luganganeni-Kukhanyeni stretch is being rehabilitated by Roots Construction. Minister Ndwandwe: “We acknowledge that our…

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A FOREMOST RESEARCHER ON CAPITAL FLIGHT FROM AFRICA RECEIVES GLOBAL RECOGNITION

A FOREMOST RESEARCHER ON CAPITAL FLIGHT FROM AFRICA RECEIVES GLOBAL RECOGNITION

Distinguished Professor of Economics Léonce Ndikumana, considered by many to be one of the best-known and most widely respected African macroeconomists of his generation, has been named a 2021 Andrew Carnegie Fellow by the Carnegie Corporation of New York. Ndikumana is the first University of Massachusetts Amherst faculty member to receive the honor. Ndikumana is one of the world’s foremost researchers on the critical problem of capital flight from African countries. Capital flight, the unrecorded…

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PRESIDENT EL-SISI INSPECTS THE WIDEST ROAD IN THE MIDDLE EAST

PRESIDENT EL-SISI INSPECTS THE WIDEST ROAD IN THE MIDDLE EAST

President Abdel Fattah El-Sisi went on an inspection tour of the Middle Ring Road, which connects the cities east and west Cairo. This road spans from Belbeis Ismailia Agricultural Road in the east to Al-Dabaa axis in the west at a length of 156 km and comprises 16 traffic lanes; 8 per direction. Hence, the Middle Ring Road is considered the widest road in the Middle East, serving tens of thousands of vehicles per day…

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EGYPT’S MINISTER OF TRANSPORTATION INSPECT ON-GOING MONORAIL PROJECT TO THE NEW ADMINISTRATIVE CAPITAL

EGYPT’S MINISTER OF TRANSPORTATION INSPECT ON-GOING MONORAIL PROJECT TO THE NEW ADMINISTRATIVE CAPITAL

Egypt’s Minister of Transportation Kamel al-Wazir on Saturday inspected work being done on the al-Salam/Administrative Capital/10th of Ramadan monorail, which is scheduled to start operating in October. Wazir met with engineers, workers and technicians, and conveyed to them President Abdel Fattah al-Sisi’s congratulations for Labor Day. He stressed on the importance of working around the clock to get the project done by schedule and to the utmost quality. These trains are expected to contribute to…

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CONSULTING ENGINEERS TO SHINE LIGHT ON COVID-19, CLIMATE CHANGE AND CORRUPTION IN AFRICA

CONSULTING ENGINEERS TO SHINE LIGHT ON COVID-19, CLIMATE CHANGE AND CORRUPTION IN AFRICA

28 April 2021 Consulting engineers from across Africa will assemble online next month to discuss some of the key challenges facing the construction and infrastructure sector in the region, including the Covid pandemic, climate change and corruption, at the 27th annual FIDIC Africa Infrastructure Conference.  FIDIC, the International Federation of Consulting Engineers promotes quality, integrity and sustainability in the infrastructure industry around the world and on 18-19 May, the federation will discuss the challenges and…

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TRANSLATING TRANSFORMATION IN MINING, AGGREKO AFRICA

TRANSLATING TRANSFORMATION IN MINING, AGGREKO AFRICA

John Lewis, Managing Director, Aggreko Africa The mining sector has undergone significant change over the past year. Change that was both expected and unexpected. On one hand, digital transformation, integrated operations, supply chain efficiencies, and investments into tools that embedded a competitive advantage where all items on the organisation’s to-do list. On the other, the pandemic introduced remarkably complex layers of uncertainty and drove rapid digital and investment change that was both unexpected, and costly….

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KÉKÉLI POWER PLANT INAUGURATED IN LOMÉ, TOGOLESE REPUBLIC

KÉKÉLI POWER PLANT INAUGURATED IN LOMÉ, TOGOLESE REPUBLIC

The challenge of universal access to electrical energy is about to be won in Togo. The Head of State Faure Essozimna Gnassingbé proceeded on April 26, 2021 to the commissioning of the “Kékéli Efficient Power” power plant. Built in the port area of ​​Lomé, this electrical infrastructure will initially produce 47 MW of electrical power thanks to a gas turbine. An additional 18MW capacity from a steam turbine is also planned by the end of 2021,…

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ESWATINI SELECTS ’GLOBELEQ-STURDEE’ ENERGY CONSORTIUM FOR SOLAR PV PROJECTS

ESWATINI SELECTS ’GLOBELEQ-STURDEE’ ENERGY CONSORTIUM FOR SOLAR PV PROJECTS

Globeleq, a leading independent power generation company in Africa, and its consortium partner, Sturdee Energy Southern Africa, an independent power producer focused on renewable energy projects in Sub-Saharan Africa, confirm they have been awarded preferred bidder status for two 15 MWac projects in the first tranche of the Kingdom of Eswatini’s procurement programme for new renewable generation capacity.  The Eswatini Energy Regulatory Authority (ESERA) officially released the intention to award notice on 14 April 2021…

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CIM METAL GROUP PLANS EXPANSION INTO TOGO CEMENT MARKET

CIM METAL GROUP PLANS EXPANSION INTO TOGO CEMENT MARKET

In September 2020 Cim Métal Group’s  CEO Inoussa Kanazoé started marketing cement from its Togolese subsidiary. Already active in Burkina Faso with CimFaso and Cimasso, as well as in Côte d’Ivoire with CimIvoire, CimMetal is now turning attention to Togo. The establishment of the Lomé plant with a cement capacity of 2.5Mta, representing an investment of CFA65bn (US$125m), will see the installation of Gebr Pfeiffer milling technology. The Banque Ouest-Africaine de Développement (BOAD) contributed CFA25bn to the investment in Togo….

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CUBAN ENGINEERS – CESA CALLS ON GOVERNMENT TO PRIORITISE LOCAL UNEMPLOYED ENGINEERS

CUBAN ENGINEERS – CESA CALLS ON GOVERNMENT TO PRIORITISE LOCAL UNEMPLOYED ENGINEERS

21 April 2021. Consulting Engineers South Africa (CESA) CEO Chris Campbell is questioning the decision by Government to import engineering skills when we have a current situation where our own local engineering skills in the private sector are under-utilized together with a large pool of unemployed graduates. In CESA’s Bi-annual Economic and Capacity Survey (BECS) recently released the statistics show that since 2012 the capacity utilization of local engineering skills has dropped from a utilization…

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CHINESE CONTRACTOR SIGNS TENDER AWARD FOR MAJOR HIGHWAY CONTRACT IN KENYA

CHINESE CONTRACTOR SIGNS TENDER AWARD FOR MAJOR HIGHWAY CONTRACT IN KENYA

The Kenya National Highway Authority (KeNHA) and China Communications Construction Company (CCCC) have signed a $166m deal to construct a 453km road in the Lamu Port South Sudan–Ethiopia Transport Corridor (LAPSSET). KeNHA Director General Eng. Peter Mundinia and the General Manager M/S China Communication Construction Company Limited have signed a tender award agreement for stage construction of the LAPSSET Development Project: Lamu – Ijara – Garissa (A10) Road and associated spur roads The project comprises…

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ROHA GROUP LAUNCHES HUGE MEDICAL CENTRE PROJECT IN ETHIOPIA

ROHA GROUP LAUNCHES HUGE MEDICAL CENTRE PROJECT IN ETHIOPIA

Addis Ababa April 10/2021 (ENA) Prime Minister Abiy Ahmed laid a cornerstone for the construction of a mega Medical Centre with a cost of 300 million USD in Addis Ababa by Roha Group. Roha Group is a private health service provider company based in the United States of America. The construction of the center, which will have five different specialized hospitals, is expected to be completed within five years, it was indicated. The medical center…

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FIDIC AFRICA 2021 INFRASTRUCTURE CONFERENCE GOES VIRTUAL THIS MAY 2021

FIDIC AFRICA 2021 INFRASTRUCTURE CONFERENCE GOES VIRTUAL THIS MAY 2021

13 April 2021. The annual FIDIC Africa Infrastructure Conference, aimed at shaping the consulting engineering industry and contributing towards infrastructure development in Africa, will take place virtually over two days on the 18-19 May 2021.    This year’s conference is themed: “The Role of the consulting engineer in a changing world – the African perspective. Are African consulting engineers ready to change Africa into the global infrastructure powerhouse of the future?”   Kabelo Motswagole, President of FIDIC…

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DRIVING THE DIGITAL SALES ORGANISATION – AGGREKO AFRICA

DRIVING THE DIGITAL SALES ORGANISATION – AGGREKO AFRICA

By: Lauren Somer, Head of Marketing, Aggreko Africa Business has changed. The way people do business, how they engage with business, and the connections they create in business. While the global pandemic has played no small part in this change, digital has been eroding at traditional boundaries and approaches for years. Today, organisations must adopt a digital-first view of engagement across customers, markets, and employees to ensure sustainable growth and consistent service delivery. According to Gartner,…

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LAKE ALBERT PROJECT GETS A MAJOR BOOST AS TOTAL, TANZANIA AND UGANDA SIGN KEY AGREEMENTS

LAKE ALBERT PROJECT GETS A MAJOR BOOST AS TOTAL, TANZANIA AND UGANDA SIGN KEY AGREEMENTS

Paris, April 12, 2021 — During a signing ceremony held yesterday in Entebbe, in the presence of Yoweri Museveni, President of the Republic of Uganda, Samia Suluhu Hassan, President of the United Republic of Tanzania, Patrick Pouyanné, Chairman and CEO of Total, as well as representatives of China National Offshore Oil Corporation (CNOOC), Uganda National Oil Company (UNOC) and Tanzania Petroleum Development Corporation (TPDC), the partners of the Lake Albert development project have concluded the final agreements…

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UPDATE ON ORASCOM CONSTRUCTION ACTIVITIES IN THE NEW ALAMEIN CITY IN EGYPT

UPDATE ON ORASCOM CONSTRUCTION ACTIVITIES IN THE NEW ALAMEIN CITY IN EGYPT

In parallel with the New Administrative Capital, Orascom Construction is working on the construction of a number of commercial projects in New Alamein City. It is worth mentioning that the New Administrative Capital and New Alamein City are part of 20 new so-called Fourth Generation Cities that are being constructed. Orascom Construction was awarded two contracts to execute the New Alamein High-Rise Towers at LD-01, consisting of four towers and a podium with a total…

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WHAT IS ANNUITY CONCESSIONS IN PPP PROJECT?

WHAT IS ANNUITY CONCESSIONS IN PPP PROJECT?

Annuity Concessions are a variant of the Build Operate Transfer (BOT) PPP model in which the private operator is remunerated via a fixed, periodic payment (“annuity”) from the government rather than through toll proceeds. Under these PPP contracts, the private operator is responsible both for constructing the road, as well as for operating and maintaining it for a fixed period of time. However, this option significantly reduces revenue risk for the private sector and also incentivizes…

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