BURUNDI’S NEW PRESIDENT, EVARISTE NDAYISHIMIYE

BURUNDI’S NEW PRESIDENT, EVARISTE NDAYISHIMIYE

Burundi’s new president, Evariste Ndayishimiye is ready to unite the country and change its global image. Burundi is one of the poorest countries on the continent and is losing foreign direct investments and aids. More importantly, because there are rampant human rights abuses involving the military. President Ndayishimiye is 52-year old a retired army general who won the presidential elections in May 2020. He had been due to take office in August, but the death…

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THE EXTRAORDINARY CHINA-AFRICA SUMMIT ON SOLIDARITY AGAINST COVID-19

THE EXTRAORDINARY CHINA-AFRICA SUMMIT ON SOLIDARITY AGAINST COVID-19

President Xi Jinping, of the People’s Republic of China and Chair of the Forum on China-Africa Cooperation (FOCAC) alongside President Cyril Ramaphosa of South Africa and Chair of the African Union (AU) and President Macky Sall of Senegal and the co-Chair of the Forum on China-Africa Cooperation (FOCAC) host African leaders to an extraordinary China-Africa Summit. The Summit is aimed at exploring opportunities for African States to leverage multilateral cooperation, through the FOCAC mechanism, so…

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EGYPT HOPES FOR RUSSIA’S NUCLEAR PLANT CONSTRUCTION

EGYPT HOPES FOR RUSSIA’S NUCLEAR PLANT CONSTRUCTION

Last October 2019, during the first Russia-Africa Summit, Russian President Vladimir Putin and Egyptian President Abdel Fattah al-Sisi reaffirmed commitment to scale-up cooperation in various economic sectors and particularly expedite work on the special industrial zone and the construction of proposed four nuclear power plants, raising hopes for an increased power supply in Egypt. Seated in a sizeable conference hall on October 23, Putin told the Egyptian delegation: “As for our bilateral relations, we continue…

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UPDATE ON ALGERIA’S US$13BILLION 1216KM EAST-WEST HIGHWAY

UPDATE ON ALGERIA’S US$13BILLION 1216KM EAST-WEST HIGHWAY

Algeria East – West Highway construction has resumed after the COVID-19 lockdown. The six lane highway project is regarded as the biggest public works projects now in the world. Upon completion, the project is projected to cost US $13 billion and will be 1216km long spanning from the border at Tunisia (East) to Morocco (West). The Algeria East-West Highway is also referred to as the A1 Highway, and has been under construction since 2007. Algeria…

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GERD NEGOTIATION BETWEEN EGYPT, ETHIOPIA AND SUDAN

GERD NEGOTIATION BETWEEN EGYPT, ETHIOPIA AND SUDAN

GERD – Grand Ethiopian Renaissance Dam is a controversial dam between Egypt, Ethiopia and Sudan. This mega project is the subject of international deliberations. The United States and other countries are acting as observers and/ or arbitrators as Egypt, Ethiopia and Sudan agree on the comprehensive filling and operation of the mega dam. The massive US $4.8 billion GERD project on the Blue Nile will allow it to become Africa’s Largest Power Exporter.  However, delays…

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CHINESE CONTRACTOR, A THREAT TO NATIONAL SECURITY

CHINESE CONTRACTOR, A THREAT TO NATIONAL SECURITY

A Chinese contractor that participated and won the tender for construction of Moshupa Primary Hospital in Botswana is rejected. Apparently, the state directorate of intelligence and security is claiming that the contractor is a threat to national security. Following this advise, the Botswana’s Public Procurement and Asset Disposal Board backed out of an initial decision to award the tender to China Jiangsu Construction Group Corp.    This decision has led both parties to a bitter…

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27,800 METRIC TONNES OF CEMENT CLINKER TO SENEGAL IS THE BEGINNING OF A NEW ERA

27,800 METRIC TONNES OF CEMENT CLINKER TO SENEGAL IS THE BEGINNING OF A NEW ERA

The historic maiden voyage of 27,800 metric tonnes of Cement Clinker to Senegal marks the beginning of a new era in the improvement of intra-regional trade within the ECOWAS region. Dangote export terminal in Apapa Port (Lagos) is taking advantage of the African Continental Free Trade Area to boost Africa’s trading position in the global market. Speaking during the departure, Group Executive Director, Dangote Group, Sada Ladan-Baki said  This is just a tip of the…

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STADE DE YAMOUSSOUKRO CONSTRUCTION IS PROGRESSING WELL – IVORY COAST

STADE DE YAMOUSSOUKRO CONSTRUCTION IS PROGRESSING WELL – IVORY COAST

The Stade de Yamoussoukro project is a stadium construction project in Ivory Coast. So far, the east, south and north grandstands already completed, the first floor of the western grandstand almost entirely laid. Beginning of the installation of the second floor of the west gallery. The work of installing the roof is progressing very well. The seats manufactured by a french company should arrive in early July to be installed during the month of August….

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PERSISTENT FLOODING IN BIETRY – ABIDJAN

PERSISTENT FLOODING IN BIETRY – ABIDJAN

The raining season has returned to Western Africa, and flooding is ravaging most communities. Here are photos of flooding at Biétry – a luxury residential area located in Abidjan, Ivory Coast. Apparently, this community suffers from flooding every year, and no permanent solution has been effected yet. These persistent flooding shows a neglect in urban development and infrastructure planning. Flooding occurs most commonly from heavy rainfall when the drainage systems do not have the capacity…

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GHANA COMMISSIONS COMMUNITY ICT CENTRES TO DRIVE DIGITALISATION

GHANA COMMISSIONS COMMUNITY ICT CENTRES TO DRIVE DIGITALISATION

Ghana is proactively enabling rural connectivity with an ambitious plan to construct 30 community ICT centres. Following this plan, the Minister for Communications, Hon. Ursula Owusu Ekuful commissions ICT laboratory at New Century Career Training Institute in the Ablekuma West Municipality. She also commissioned two Community ICT Centers in the Ga West Municipality, recently. See tweet below The Ministry of Communications, through the Ghana Investment Fund for Electronic Communications (GIFEC), has led the expansion of…

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UGANDA BATTLES WITH FLOODING AS LAKE VICTORIA RISES

UGANDA BATTLES WITH FLOODING AS LAKE VICTORIA RISES

Key among Uganda’s Government considerations is undertaking emergency maintenance of roads & bridges following destruction caused by recent flooding across the country. The rising water levels in Lake Victoria is threatening critical infrastructures. For instance, landing facilities were submerged & operations suspended. However, government is responding with restoration works on MV Kiyindi—Buvuma Ferry landing sites. See tweet below   Lake Victoria, largest lake in Africa and chief reservoir of the Nile, lying mainly in Tanzania and…

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THE CATALYST FOR POST COVID-19 ECONOMIC REVIVAL IS OUR PEOPLE

THE CATALYST FOR POST COVID-19 ECONOMIC REVIVAL IS OUR PEOPLE

President Uhuru Kenyatta has challenged his African counterparts to tap into the innovative abilities of the continent’s youth as they roll out Covid-19 mitigation and recovery strategies. The President said the youth are Africa’s biggest resource adding that young people’s creative minds and immense energy can be utilized to boost Coronavirus response measures. “I also wish to reiterate that the biggest resource at our disposal is our own people and especially the youth. “Indeed, we…

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RENOVATION WORKS ALMOST COMPLETED AT NYAYO NATIONAL STADIUM – KENYA

RENOVATION WORKS ALMOST COMPLETED AT NYAYO NATIONAL STADIUM – KENYA

The renovation of the Nyayo National Stadium, Nairobi County is nearly complete. The new-look stadium will have modern sports equipment and the football pitch rehabilitated to international standards. This includes the installation of ticketing system and construction of VIP lounge. More so, other works include branding of new seats and  renovation of existing ones and improvement of parking area. In conclusion, the contractors’ work includes removal of grass, irrigation, levelling, soil preparation and fertilisation and…

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IMPACT ON AFRICA, WITH NGOZI OKONJO-IWEALA

IMPACT ON AFRICA, WITH NGOZI OKONJO-IWEALA

Ngozi Okonjo-Iweala, former managing director of the World Bank worries about the recovery of economies on the continent. Apparently, there is a prediction of about 2 percent contraction on the continent. This has never happened for the past 25 years, and could potentially eradicate the decades of growth and development that has been recorded so far on the continent.  There is also a growing debt profile which could potentially escalate after the pandemic. Hence, Africa…

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ETHIOPIA TO PLANT 5 BILLION TREES DESPITE THE COVID-19 CHALLENGES

ETHIOPIA TO PLANT 5 BILLION TREES DESPITE THE COVID-19 CHALLENGES

Ethiopia to plant 5 billion trees this year despite the setback caused by COVID-19. This huge plan is building on the success of 2019 which saw the planting of 4 billion trees. Prime Minister Abiy Ahmed Ali is keenly supporting this initiative to make Ethiopia a green country. In a recent tweet, you can see him leading by example in planting trees.   Ethiopia is Africa’s second most populous nation and had utilised this strength…

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INTERVIEW: HOW DO YOU SEE LIFE POST COVID-19?

INTERVIEW: HOW DO YOU SEE LIFE POST COVID-19?

Interview with the 18th President of ACEN, Engr. George C. Okoroma and the Port Harcourt Branch Chairman of the Nigerian Society of Engineers, Engr. Otunte Otueneh. The interview centres around the theme; ‘Post COVID-19 Survival Strategies.’ This is the first series of interviews that Gambeta News has launched in partnership with Speak Perfect International to further the exchange of knowledge and ideas. According to Engr. Otunte Otueneh, COVID-19 has ‘exposed our  part of the world…

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GOVERNMENT RESTRICTION HURTING FOREIGN DIRECT INVESTMENT IN ZIMBABWE

GOVERNMENT RESTRICTION HURTING FOREIGN DIRECT INVESTMENT IN ZIMBABWE

New government restriction by the Zimbabwe central bank limits the amount of money transactions that citizens can make in a day. Zimswitch Instant Payment Interchange Technology (ZIPIT) system was recently ordered by the central bank to implement daily and monthly limits of Z$20,000 (US$800) and Z$100,00 (US$4,000), respectively.    ZIPIT is a platform that enables instant inter-bank funds transfer between ZIMSWITCH member institutions. The government claims that this new restriction is aimed at curtailing illicit…

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NIGERIA REVISES ITS NATIONAL BUDGET AMIDST COVID-19

NIGERIA REVISES ITS NATIONAL BUDGET AMIDST COVID-19

The Nigerian senate passes a revised 2020 budget of N10.81 trillion ($27.8 billion), which is lower in value than the 10.59 trillion Naira ($34.6 billion) budget passed in December 2019. At 31st December 2019, the exchange rate of $1 was 361.946 naira. Compared to June 12, 2020 as the value of naira has depreciated to 387.978 naira following the global impact of coronavirus. More so, revenue in the new budget is lower because Nigeria heavily…

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AFRICA ATTRACTS $450 MILLION FOR TELECOM INFRASTRUCTURE

AFRICA ATTRACTS $450 MILLION FOR TELECOM INFRASTRUCTURE

Helios Towers Ltd, a UK-based telecommunications company with investments in Africa plans to invest $450 million of newly raised capital into African countries like Ethiopia. The privatisation of the nation’s telecom industry is seeing the surge of foreign direct investments into the country.   The horn of Africa – Ethiopia, continues to lead Africa as an investment destination for foreign capital. The country has a very stable government, and has implemented policies that is making…

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BURUNDI’S PRESIDENT DIES ON SEAT

BURUNDI’S PRESIDENT DIES ON SEAT

After 15 years in power, Burundi’s President Pierre Nkurunziza dies of cardiac arrest at age 55. He was due to step down in August, but had been hospitalised on Saturday after feeling unwell. Leaders across the world have paid their tribute; President Cyril Ramaphosa expressed his sadness on Wednesday at the passing of outgoing Burundian President Pierre Nkurunziza. Nkurunziza’s death, which came after Burundi concluded a peaceful electoral process to elect his successor, was announced by…

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