AKUFO ADDO LUNCHES THE CONSTRUCTION OF THE 17MW KALEO SOLAR PLANT

Posted on 10 February 202010 February 2020 by Gambeta News

The President of Ghana, Nana Addo Dankwa Akufo-Addo, cuts the sod for the construction of two solar power plants in Kaleo and Lawra This project reassures the fervent commitment of the Government to expand the country’s sources of energy generation, and, thereby, help increase the renewable energy component of Ghana’s energy mix, and contribute to her fight against the effects of climate change. With the solar project coming on the heels of construction of the…

LARGEST AIRPORT IN AFRICA

Posted on 17 January 2020 by Gambeta News

Ethiopia plans to commence building Africa’s largest airport at $5 billion within six months. The new airport will be 70 kilometers from the existing Bole International Airport in the capital Addis Ababa, and can handle as many as 100 million passengers yearly. This expansion would elevate Ethiopia to compete with London’s Heathrow (Europe’s busiest airport), and Dubai International (currently the world’s number 1 for international flights) as it has more capacity than both. According…

DANSOMAN’s LIBRARY CONSTRUCTION GETS FUND FROM MTN FOUNDATION

Posted on 17 January 2020 by Gambeta News

MTN foundation support Dansoman Library project

MTN Foundation support ongoing construction of Dansoman Community Library with ICT and robotic education as it main focus. The ongoing construction of dansoman library is gaining momentum after MTN foundation plead more funds to the project. The ICT and robotic envisioned library is aimed at educating student around the state capital of the need for such technology in the country. The library dubbed Dansoman Community Library kick-off this month and is expected to be completed…

WEST AFRICA’S FIRST NEUROSURGICAL HOSPITAL

Posted on 13 November 2019 by Gambeta News

Ghana will be the first West African country to have a Neurosurgical Hospital for the treatment of brain-related diseases. According to the report, Vice President Dr Mahamudu Bawumia revealed the plans for the hospital after the meeting with the President of the Chinese Neurosurgical Board, Professor Ling Feng, at the Jubilee House, the Seat of the Presidency, in Accra. Prof. Feng was accompanied by Mr Edward Boateng, Ghana’s Ambassador to China and Dr. Isabella Opoku,…

GhIG SAY ABURI-AYI MENSAH ROAD DESIGN AND CONSTRUCTION WAS INADEQUATE

Posted on 12 November 2019 by Gambeta News

GhIG Aburi-Ayi Mensah dual carriage road

Ghana Institution of Geoscientists unhappy with road design of Aburi-Ayi Mensah dual carriage while also tasking Government to standardisation geomaterial. Ghana Institution of Geoscientists (GhIG) has criticize the design and construction of the Aburi-Ayi Mensah dual carriage road as inadequate. According to the institution, this is due to the application of geodynamics to the rock formation in the area leading to persistent falling of huge rocks after any heavy downpour. The institution also cited that…

SA TO REBUILD RELATIONSHIP WITH OTHER AFRICAN COUNTRIES BEFORE THE AFRICA OIL AND POWER CONFERENCE

Posted on 25 September 201925 September 2019 by Gambeta News

SA Minister of Energy pleads with other African countries ahead of the African Oil and Power conference. South African’s Minister of Energy Jeff Radebe has visited the Presidents of Nigeria, Tanzania, Niger, Ghana, Senegal, Zambia and the Democratic Republic of Congo to discuss the way forward after the xenophobic attacks on their citizens. The visit was to assure these African countries that the South African government is doing everything possible to stop these attacks in…

CONSTRUCTION OF PWALUGU MULTIPURPOSE DAM

Posted on 3 September 2019 by Gambeta News

Ghana to commence the Pwalugu Multipurpose Dam in November. The meeting between the Vise President Dr. Mahamudu Bawumia, the Minister of Finance, Volta River Authority and the Ghana Infrastructural Development Fund is successful as the dam construction will being in November. The multipurpose dam will be at the Eastern region of the country. The project is very crucial as a result of the recent flooding in that area causing the damages on over 7,488.94 hectares…

AKER ENERGY BAGS U.S $100M FOR DEVELOPMENT OF TANO OIL PROJECT.

Posted on 24 July 201931 July 2019 by Gambeta News

Aker Energy to invest in crude oil and natural gas production in Ghana. Aker Energy) has secure US$100 million to invest in crude oil and natural gas production; from Ghana’s Deepwater Tano Cape Three Points (DWTCTP) block. African Finance Corporation (AFC) the lender of the US$100m fund has vowed it’s preparedness towards backing the fundraising activities for the Tano oil project. AFC is a leading infrastructural solution provider in Africa. There are many oil fields…

NIGER PRESIDENT NAMED NEW ECOWAS LEADER

Posted on 1 July 20191 July 2019 by Gambeta News

President Issoufou plans to use ECO as a single currency after elected as ECOWAS leader ECOWAS has elected Niger President Mahamadou Issoufou as its new leader. President Issoufou who will be in charge for a one year period has adopted ECO. This ECO will be the name for a single currency as distribution will begin in January 2020. President Issoufou takes over from President Muhammadu Buhari of Nigeria during the 55th Ordinary Session of the…

WORLD BANK ANNOUNCE NEW DIRECTOR FOR THREE AFRICA COUNTRIES

Posted on 1 July 2019 by Gambeta News

World Bank announce Pierre Frank Laporte as new country director for Ghana, Liberia and Sierra leone. Pierre Frank Laporte is the new country director for Ghana, Liberia and Sierra leone. According to the release, Pierre Frank Laporte who is from Seychelles, will be based in the World Bank’s Accra Office. The statement also reads that his appointment will takes effect from July 1, 2019. The new position will ensure that Laporte lead the Bank’s strategic…

GHA TO CONSTRUCT DRAINAGE ON ACCRA-NSAWAM HIGHWAY

Posted on 27 June 2019 by Gambeta News

GHA to construct drainage at Hebron-Dobro section of the Accra-Nsawam Highway Ghana Highways Authority (GHA) is making plans to construct a drainage that will help solve the problem on Accra-Nsawam Highway. The aim is to prevent sand and mud from being dumped onto the road. The statement was announced when Director of Road Maintenance of the GHA, Maama Markwei Sawyer visited the Highway. During his visit, Sawyer said his outfit would soon construct the drainage…

KENYA INTRODUCES NEW CURRENCIES

Posted on 6 June 2019 by Gambeta News

Kenya adjusts to accommodate new currencies Just like Ghana in 1982, Nigeria in 1984 and India in 2016; Kenya have recently issued and also unveiled a new generation of currency notes. The East African country unveiled the new bank notes on Saturday (June 1, 2019); during the 56th Madaraka Day celebration held in Narok County. The new currency denominations include Sh50, Sh100, Sh200, Sh500 and Sh1,000 notes. According to the Central Bank of Kenya (CBK)…

STANBIC IBTC NIGERIA LAUNCHES AFRICA-CHINA AGENT PROPOSITION (ACAP)

Posted on 28 May 201928 May 2019 by Gambeta News

ACAP launched by Stanbic IBTC in Nigeria

Stanbic IBTC launches ACAP in Nigeria. The Africa-China Agent Proposition (ACAP); is a product with the aim of changing the view African importers have about Chinese suppliers. The ACAP will provide access to financing for African importers and will also give them the authority to sight and control the entire importing and logistics process. To aid Nigerian importers to safely and efficiently source for quality goods from competitive Chinese suppliers; Stanbic IBTC have officially launched…

GRCL AWAITS APPROVAL FOR ACCRA-NSAWAM RAILWAY LINE

Posted on 16 May 2019 by Gambeta News

Ghana Railway Company Limited (GRCL) has completed the rehabilitation of five coaches and a narrow-gauge line from Accra to Nsawam. Ghana Railway Company Limited (GRCL) has completed the rehabilitation of five coaches and a narrow-gauge line from Accra to Nsawam. GRCL now waits approval from Ghana Railway Development Authority (GRDA) who regulates the railway sector in Ghana. This approval is needed before any commercial operation will kick-off. Managing Director of the GRCL, Mr John Essel…

EMIRATES AIRLINE TO GROW OPERATIONS IN AFRICA

Posted on 14 May 2019 by Gambeta News

EMIRATES AIRLINE MAKES DEAL TO GROW OPERATIONS IN AFRICA

Emirates Airline plans operation in some african countries after experiencing revenue increase. Plans are in motion by Emirates Airline to increase its frequencies to some destinations in Africa. This plans include some Africa countries like Morocco, Ghana, Senegal, Egypt and South Africa. The aim is to make Emirates grow their brand in the Africa market. Senior Vice President of commercial operations in Africa for Emirate, Orhan Abbas said Africa country is one of the strong…

GSA SHUT DOWN TWO CHINESE PLASTIC PRODUCING COMPANIES

Posted on 10 May 2019 by Gambeta News

Two Chinese Plastic Producing Companies Close down By Ghana Standard Authority (GSA) The Management of Ghana Standard Authority (GSA) shut down two plastic producing companies on Thursday 05,2019. These companies are Zheng Hua Feng Limited and L.W.W Waste Plastics Recycling Company Limited. Reason for the shut down was as a result of operating illegally without an authorize license. The both Chinese companies are located at Sakaman near Dansoman in Accra, despite the law preventing them…

ECOWAS and UEMOA PRIORITISES INVESTMENTS IN TRANSPORT AND ENERGY SECTOR

Posted on 30 April 2019 by Gambeta News

ECOWAS and UEMOA plan to prioritise mostly investments in transport and energy sectors. At a recent European External Investment Plan meeting in Accra, Ghana; the Economic Community of West African States (ECOWAS) and West African Economic and Monetary Union (UEMOA) said; it wishes to prioritise investments in the transport and energy sectors. The External Investment Plan meeting enables its participants; to share and exchange ideas and also review information concerning the region’s development. The selection…

AFRICANS ON TIME’S MOST INFLUENTIAL LIST

Posted on 21 April 201921 April 2019 by Gambeta News

Time Magazine releases 100 most influential list for 2019 These Africans on Time’s most influential list 2019 are influencing the continent and the globe. Fred Swaniker is a Ghanian entrepreneur and leadership development expert whose is motivating young people in Africa to be great leaders through his various leadership initiatives. Abiy Ahmed, Ethiopia’s revolutionary prime minister who is driving so many positive reforms in the country. Importantly, He has ensure the active participation of women…

NIGERIA DIASPORA REMITTANCES REACHES US$24bn

Posted on 17 April 2019 by Gambeta News

Remittances of Nigerian Diasporas hit US$24 billion in 2018

Remittances from Nigerian Diasporas hits US$24 billion in 2018 Remittances from diasporas of Africa’s most populated country – Nigeria in 2018 reached US$24.3 billion. This is the highest figure across Sub-Saharan Africa and it is also US$2 billion higher than the inflows in 2017. World Bank’s latest Migration and Development Brief shows that; last year (2018) immigrants sent US$46 billion to their home countries in sub-Saharan Africa. This is in fact a 10 percent increase when comparing…

CHEVRON SEALS DEAL TO ACQUIRE ALGERIAN OIL FIRM

Posted on 17 April 201917 April 2019 by Gambeta News

Chevron acquires Algerian oil firm – Anadarko Petroleum American multinational energy corporation – Chevron, have recently signed a deal to buy Algerian oil firm – Anadarko Petroleum. The final terms of agreement entails that Chevron will acquire all of Anadarko Petroleum outstanding shares; in a stock and cash transaction valued at US$33 billion, or US$65/share. Anadarko petroleum is Algeria’s largest foreign oil producer, it also has operations in Ghana, Mozambique and South Africa. On completion of the acquisition; shareholders of…

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