MOROCCO AND EQUATORIAL-GUINEA OPEN DISCUSSION ON TRADE INDUSTRY

MOROCCO AND EQUATORIAL-GUINEA OPEN DISCUSSION ON TRADE INDUSTRY

In an effort to creation a partnership between both Morocco and Equatorial-Guinea, a meeting has been held to discuss ways of collaborating on the trade industry. The meeting held between Morocco Minister of Industry, Trade, the green and digital economy, Moulay Hafid El Alamy and the Equatorial Guinean Minister of Foreign Affairs, Simeón Oyono Esono Angue saw some bilateral agreement reached on the trade industry. During the meet, the two parties discussed the industrial development…

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GHANA PRESIDENT CUT SOD FOR TEMA-AFLAO ROAD PROJECT

GHANA PRESIDENT CUT SOD FOR TEMA-AFLAO ROAD PROJECT

President Nana Addo Dankwa Akufo-Addo, over the weekend cut the sod for the construction of phase one of the Tema-Aflao road project. The project is in fulfilment of a pledge he made when he commissioned the Tema Interchange project. The latest project is part of the President commitment of his Government to ensure the implementation of the declaration of 2020 as the “Year of Roads”. The Tema-Aflao road project will tie into the Trans-African Highway Project,…

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REPORT ON SAFETY OF DAMS SHOWS 300,000 LIVES AT RISK IN KENYA

REPORT ON SAFETY OF DAMS SHOWS 300,000 LIVES AT RISK IN KENYA

A report released in August 2019 shows the need for Kenya Authority to take serious action before numerous life’s were lost, however they failed to respond and are in a serious dilemma. The Dam safety report by a 15 member taskforce commissioned by the Ministry of Water had expressed concerns that the status of dams in the country were not being inspected since no authority is expressly mandated by law to do so. Despite the…

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WHY SOUTH AFRICA COMMUNITY MISTRUST BIG INDUSTRY PLAYERS

WHY SOUTH AFRICA COMMUNITY MISTRUST BIG INDUSTRY PLAYERS

South Africa has developed without many legal restrictions for over 20years now but it has come at the detriment of some community in the nation. These detriment has resulted in industrial risks such as environmental pollution, contamination and health impacts to such communities. Since the country’s democratic transition in 1994, important regulations and legislation have been developed about the impact of industry on the environment and society. But air pollution, environmental contamination and health risks still…

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IMF ATTRIBUTES NIGERIA’S SOCIAL PROTEST TO ECONOMIC DIFFICULTIES

IMF ATTRIBUTES NIGERIA’S SOCIAL PROTEST TO ECONOMIC DIFFICULTIES

The International Monetary Fund (IMF) has attributed the recent Nigeria’s social protest, (EndSARS) to economic difficulties, saying that conditions in Nigeria for the last four years have been very difficult in the wake of the decline in oil prices in 2015-16. “Since then, their growth has been quite anemic ” Abebe Aemro Selassie , Director, African Department, IMF said on Thursday during the October 2020 Sub-Saharan Africa Regional Economic Outlook Press Briefing, on the sidelines…

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MINISTER FOR WORKS SAYS NIGERIA GOVT. ARE STILL OWING ROAD CONTRACTORS

MINISTER FOR WORKS SAYS NIGERIA GOVT. ARE STILL OWING ROAD CONTRACTORS

Minister of Works and Housing, Babatunde Fashola says debt that the federal government owes contractors for 711 ongoing road projects nationwide is at N392 billion. He made the statement at the ministry’s 2021 budget defence session before the Senate Committee on Works. According to Fashola, the N392 billion debt profile was higher than the N276 billion proposed as budgetary allocation for road projects in 2021. Quoting Fashola, “We do not have the resources that we…

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LOW WATER STORAGE LEVEL WILL NOT STOP WATER INFRASTRUCTURE PROJECT IN SA

LOW WATER STORAGE LEVEL WILL NOT STOP WATER INFRASTRUCTURE PROJECT IN SA

The water infrastructure project that is ongoing in the nation will not be stopped despite the low water storage level facing the country. Department of Water and Sanitation spokesman Sputnik Ratau made the statement while speaking with the media.  Ratau also said “The country as a whole has not fully recovered from the 2014 drought, with dam levels dropping drastically in most parts of the country. The heatwave we experienced this week has also exacerbated…

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EGYPT PRESIDENT DIRECTS TRADE INDUSTRY TO EASE ITS PROCEDURE FOR OBTAINING LICENCES AT INDUSTRIAL COMPLEXES

EGYPT PRESIDENT DIRECTS TRADE INDUSTRY TO EASE ITS PROCEDURE FOR OBTAINING LICENCES AT INDUSTRIAL COMPLEXES

In a bid to help small- and medium-sized enterprises (SMEs), President Abdel Fattah El Sisi has asked the trade industry to ease its procedure so that they can obtained licensing units at industrial complexes. The move by the President is aimed at supporting young investors and SMEs, which could eventually serve industrial development and lead to boosting local manufacturing and production in all sectors. He made the directive during a meeting that includes the Prime…

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GHANA KANESHIE-ODORKOR HIGHWAY NEEDS URGENT ATTENTION

GHANA KANESHIE-ODORKOR HIGHWAY NEEDS URGENT ATTENTION

The Kaneshie-Odorkor Highway in Ghana is gradually becoming a problem and needs to be addressed before it turns into a serious one. So far, some portions of the highway in Accra have become dangerous, making life unbearable for motorists, pedestrians and residents along the road. This is due to the torrential rains that has created potholes on the road, some of which have turned into pools with gutters on that stretch becoming choked. Meanwhile, there…

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CONSTRUCTION OF MUTUKULA REGIONAL MARKET BEGINS IN UGANDA

CONSTRUCTION OF MUTUKULA REGIONAL MARKET BEGINS IN UGANDA

The flag-off ceremony for the long awaited market construction is set to kick-off. The project which will be located along the Uganda-Tanzania border is funded by South African-based Degitech Energy Company Ltd at a construction cost of Shs2.8 trillion. It is expected to bring together manufacturers, retailers, distributors and consumers from all over East Africa. Speaking during the ceremony, Chief executive officer of Rural United Small Business Association Network (RUSBA), Karim Karamagi said they have…

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TWO HOUSING PROJECTS HAS BEEN ABANDONED IN SA FOR TWO DECADES

TWO HOUSING PROJECTS HAS BEEN ABANDONED IN SA FOR TWO DECADES

The construction of two housing projects has now received new contractors after it has been abandoned for over two decades in South Africa. According to reports, the first was in Mlungisi when the department cancelled builders’ contracts in 2006. While the second in Cenyulands was abandoned by a contractor in January 2020. When local Media visited the area, they discovered that there were about 20 sites in the area which were incomplete with nothing but…

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SENIOR CHIEF BLAST CONTRACTORS AFTER DELAY OF SCHOOL BUILDING IN MALAWI

SENIOR CHIEF BLAST CONTRACTORS AFTER DELAY OF SCHOOL BUILDING IN MALAWI

Senior Chief Mlolo has lashed out at contractor for delaying to complete the construction of a school building despite receiving over 90% of the construction fee. During a site visit by county officials to the Mcherenje Primary School, they were very disappointed with Tithandizane Building Contractors slow pace towards completing the project. According to Senior Chief Mlolo, contractor has received K14 million of the K16.5 million of the contractual payment. Quoting Senior Chief Mlolo, “This…

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CONTRACTOR HANDOVER COMPLETED PLEEBO DISTRICT MODERN MARKET IN LIBERIA

CONTRACTOR HANDOVER COMPLETED PLEEBO DISTRICT MODERN MARKET IN LIBERIA

The Pleebo district modern market is now ready for use after contractor handover the completed project to the government. The ceremony brought joy to Marketers and some citizens in Pleebo, Maryland County Electoral district#2, Southeast Liberia who lauded the government and its partner for the completion of the market. African Development Bank (AFDB) through the Smallholder Agriculture Productivity Enhancement and Commercialization (SAPEC) project, in partnership with Liberia’s Ministry of Agriculture (MOA) funded the US$430,424.88 modern…

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BUILDING MATERIALS LAB CONSTRUCTION TO KICK-OFF AFTER FUNDS WAS SECURED IN UGANDA

BUILDING MATERIALS LAB CONSTRUCTION TO KICK-OFF AFTER FUNDS WAS SECURED IN UGANDA

The plans to have a building material laboratory is going to be realised after fund for the project was secured. The laboratory construction will aimed at reducing the usage of substandard Materials by ensuring that quality materials are used when it comes to the construction of building and roads in the country. Ronald Menya, who is the works superviser and consultant from Infrastructure Development and Management Company Limited said the project is being funded by…

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QUAY WALL CONSTRUCTION COMMENCE AT LEKKI DEEP SEAPORT IN NIGERIA

QUAY WALL CONSTRUCTION COMMENCE AT LEKKI DEEP SEAPORT IN NIGERIA

Construction of the 680m long quay wall with the driving of the first pile has kick-off in Lagos State, Nigeria. The project is expected to symbolises a significant step towards the timely delivery of it. Speaking during the ceremony, Chief Executive Officer of Lekki Port, Mr. Ruogang Du stated that despite the setback occasioned by the coronavirus pandemic, both the investors and the contractors have demonstrated admirable commitment to deliver the project as and when…

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AMAZING STORY OF A WHATSAPP GROUP THAT BUILD A HOME FOR KENYA SINGER

AMAZING STORY OF A WHATSAPP GROUP THAT BUILD A HOME FOR KENYA SINGER

It bring great joy when a group of individuals will come together and support the needed. This can be witnessed in Kenya as a whatsapp group of over 200 members built and furnished a building for Kenya’s legendary benga artiste Wilson Omutere. Mr Omutere and thousands of families has been having accommodation problem after they were displaced from their homes by the torrential rains. His home was destroyed when River Yala broke its banks. This…

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ZAMBIA MOVES CLOSER TO DEFAULT AS IT SKIPS INTEREST PAYMENT

ZAMBIA MOVES CLOSER TO DEFAULT AS IT SKIPS INTEREST PAYMENT

(Bloomberg) — Zambia skipped an interest payment on its debt, moving closer to becoming the first African nation to default on dollar bonds since the onset of the coronavirus pandemic. Holders of Zambia’s $3 billion of Eurobonds will vote next week on the country’s request for a six-month interest-payment holiday. A core group of creditors have already rejected the proposal, prompting Zambia to say it won’t be able to service its commercial debts including the…

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LOCAL FIRM THREATENED TO SUE NAMIBIA’S ROAD AUTHORITY

LOCAL FIRM THREATENED TO SUE NAMIBIA’S ROAD AUTHORITY

A local firm is threatening legal action over Namibia Road Authority after they paid the company co-partner a Chinese firm for a road job. Currently speaking, Onamangongwa Trading Enterprises and the Chinese firm China Railway Seventh Group are disputing over the joint venture for the construction of the Windhoek – Hosea Kutako International Airport dual carriageway Phase 1. The project which is worth US$53.7m (N$800 million) was signed in 2015 by both companies with Onamangongwa…

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PPRD-NW/SW PLANS STILL IN MOTION IN CAMEROON

PPRD-NW/SW PLANS STILL IN MOTION IN CAMEROON

The Presidential Plan for the Reconstruction and Development of the North West and South West Regions, abbreviated PPRD-NW/SW is still making progress as all parties are trying to make it a reality check  For a long time now, the North West and South West Regions of the country have been experiencing a certain degree of social unrest. This tension has made both region has serious problem that is why the PPRD-NW/SW project is key. The…

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KARLOKEN-FISH TOWN ROAD CONSTRUCTION NEARING COMPLETION IN LIBERIA

KARLOKEN-FISH TOWN ROAD CONSTRUCTION NEARING COMPLETION IN LIBERIA

Liberia’s Karloken-Fish Town road construction is nearing completion after management of China Henan International Cooperation Group (CHICO) says the project will be completed in May 2021. The project which is currently 80% complete began in 2012 with Africa development bank (AFDB) funding the road. Currently speaking, the 80.5km road will have an average carriageway plus shoulder width of 11.3m. While the road carriageway will remain as a 2-lane facility (each lane will be 3.65 m…

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