Search Results for: Kenya

SPEAKER LINE-UP UNVEILED FOR THE AFRICA VALUATION CONFERENCE 2024

Posted on by Gambeta News

5 February 2024, Johannesburg. Preparations are well underway for the Africa Valuation Conference 2024, with industry experts lined-up for the most comprehensive mega-gathering of valuation professionals on the African continent. Taking place from 16th to 18th April at the Sandton Convention Centre, the international event aims to elevate the valuation profession to experience a bold new future, with attendees expected to interact with presentations on property valuation practices and standards from experts and leading speakers…

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HOW NAIROBI BUILDING APPROVAL RAISE TO Sh195.1 BILLION

Posted on by Gambeta News

The value of building approvals in Nairobi grew by Sh50.3 billion to Sh195.1 billion in the 11 months to November last year, despite the high cost of building materials. Data from the Kenya National Bureau of Statistics (KNBS) shows that this was an improvement from Sh144.9 billion during a similar period in 2022. While residential projects recorded a growth of Sh51 billion, non-residential projects declined by Sh749.98 million. The number of approvals was highest in…

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FOUR MULTI-BILLION NATIONAL ROAD PROJECTS GET GREENLIGHT IN RWANDA

Posted on by Gambeta News

A new Ministerial Order signed by the Minister of Environment, Jeanne D’arc Mujawamariya, and the Minister of Justice and Attorney General, Emmanuel Ugirashebuja, approved the expropriation of assets in public interest along four roads set to be constructed. The approval of the expropriation – published on December 20, 2023, in the official gazette – was done to pave the way for the construction and rehabilitation of Base (Rulindo)-Butaro (Burera)-Kidaho (Burera) road, Sashwara (Nyabihu)-Rega (Nyabihu)-Mutovu (Rubavu)-Kabuhanga…

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WIND ENERGY: HOW MOROCCO IS AT THE FOREFRONT FOR ITS REVOLUTION

Posted on by Gambeta News

Across Africa, the deployment of wind energy projects has generated approximately 12,400 direct jobs, both during and after construction Wind energy is emerging as a powerful force in Africa, with Morocco at the forefront of the renewable energy revolution.  Alongside South Africa and Egypt, Morocco is leading the continent’s charge into wind energy, paving the way for a green energy transition that is creating jobs and reducing carbon footprints, according to a new report from…

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HOW INSTALLATION OF THE ABBAY DAM IS SET TO HELP ETHIOPIA

Posted on by Gambeta News

The installation of Abbay Dam’s five turbines gives impetus to country’s economy and the region apart from flickering hope for millions of Ethiopians who do not have access to electricity, said water resource researchers. In an interview with Ethiopian Press Agency (EPA), the hydro-politics researcher, who is also the member of Abbay Dam negotiating team, Yacob Arsano (PhD) said that the five turbines that are being installed at the Abbay Dam have immense benefit to…

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CELEBRATING 10 YEARS OF SUCCESSFUL OPERATIONS IN EAST AFRICA

Posted on by Gambeta News

Bosch East Africa – a member of the Bosch Holdings group – celebrates 10 years of business this year.   Bosch East Africa was established in Nairobi, Kenya in August 2013, as part the strategy of Bosch Holdings to further extend its multi-disciplinary consulting services into Africa. “The team in Nairobi has worked hard over 10 years, leading projects in and beyond Kenya, offering professional services, including mechanical and electrical engineering, building services, project and…

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TANZANIA DART PHASE FOUR PROJECT TO KICK-OFF IN SEPTEMBER

Posted on by Gambeta News

The execution of the Dar es Salaam Rapid Transit Agency (DART) Project Phase Four will officially start in September this year. This was revealed on Tuesday by Tanzania Road Agency (TANROADS) Project Manager for BRT Projects Engineer Barakael Mmari, during a visit by experts from DART and TANROADS to the areas where the project’s infrastructure will be built before handing it over to the contractor. The fourth phase   project extends from Tegeta through Bagamoyo and…

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WORLD BANK APPROVED US$730M TO UPGRADE ADDIS-DJIBOUTI CORRIDOR PROJECT

Posted on by Gambeta News

The World Bank has approved a $730 million project to upgrade the Addis Ababab-Djibouti corridor, a vital trade route and a lifeline for Ethiopia’s economy. The Regional Economic Corridors Project, endowed with a grant from IDA, aims to improve regional connectivity and logistics efficiency in Ethiopia along the key trade route connecting Ethiopia to the port of Djibouti. “Improved regional connectivity and trade are essential to unlocking Ethiopia’s economic potential,” said Finance Minister Ahmed Shide….

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UGANDA MPs CALLS FOR SHIFT FROM METER GAUGE RAILWAY TO STANDARD GUAGE

Posted on by Gambeta News

Members of Parliament are calling for the country to shift from meter gauge railway to standard gauge. This, they said will help cut costs and avoid wastage of resources associated with implementing both gauges. The MPs from the Parliament Committee on National Economy visited the works on the Kampala – Mukono railway line and inspected the Kawolo Concrete sleeper factory, Namanve work site, and other areas. While appearing before the Committee on Government Assurance on…

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UGANDA GOVT. ANNOUNCED PLANS TO KICK-START CONSTRUCTION OF SGR

Posted on by Gambeta News

The Ministry of Finance Permanent Secretary, Ramathan Ggoobi has said the government is ready to hit the ground running with the construction of the Standard Gauge Railway. “We are beginning the construction of the Standard Gauge Railwa(SGR).The talk( about SGR) has been on for a long time. We have studied and over studied and now we want to hit the ground running in the next financial year,” Ggoobi said. The Ministry of Finance Permanent Secretary…

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TANZANIA SGR PROJECT MAKING GOOD PROGRESS

Posted on by Gambeta News

Recently media reports indicated that the Ugandan SGR project officers who visited their counterparts in Tanzania in April 20023 were stunned by the rapid progress that the Tanzania SGR had achieved. It was reported that 98.8% of the works on the initial phase of the Tanzania SGR project from Dar-er Salaam to Morogoro of 300km had been completed. It was also reported that the works on the second, third, and fourth phases of the project…

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EXPERTS CALL FOR TIMBER USAGE AHEAD OF CONCRETE DURING CONSTRUCTION IN UGANDA

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Experts have urged Ugandans to consider thinking of mass timber construction as an alternative to concrete in Uganda’s building industry but also as one of the ways to reduce country’s construction emissions. Speaking during the launch of the Timber Innovation Centre at Crown House in Kampala, Patience Naamara, the Country Director for Fairventures Worldwide, a non-profit organization it is high time Ugandans thought of mass timber construction as one of the ways to save the…

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CONSTRUCTION OF ROAD PROJECT LINKING MOMBASA TO KIGALI RESUMES

Posted on by Gambeta News

Construction works on East Africa’s ambitious standard gauge railway line linking the port of Mombasa to Kampala and Kigali could soon be revived, following a deal inked between Uganda and Turkish firm, Yapi Merkezi. Yapi Merkezi is the same company contracted for the Tanzania Standard Gauge Railway. The planned 1,500 km-long railway from Mombasa to Kigali had fallen behind schedule, with only Kenya having completed the initial phase of the project from Mombasa to Nairobi….

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TANZANIA GOVT. TO SIGN CONTRACT FOR CONSTRUCTION OF THREE SHIPS

Posted on by Gambeta News

Deputy Minister for Works and Transport, Mr Atupele Mwakibete has said that the government will sign four contracts for the construction of three ships to operate in Lake Tanganyika and Victoria before the end of this fiscal year. Mr. Mwakibete informed the August House yesterday that two vessels will operate in Lake Tanganyika and one in Lake Victoria. The Deputy Minister was responding to a supplementary question by Kalambo MP Josephat Kandege who wanted to…

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GRDA SAYS GHANA NEEDS US$30BN TO DEVELOP ITS RAILWAY

Posted on by Gambeta News

A minimum of $30 billion is needed to develop Gha­na’s entire railway network. However, of the expected amount, the government has so far invested $2 billion into the sector accounting for almost 75 percent of the country’s 4,000 kilometers of the railway network, unconstructed. The Chief Executive Officer (CEO) of the Ghana Railway Development Authority (GRDA), Yaw Owusu, made this known at a stakeholder workshop to discuss Ghana’s 2020 Railway Master Plan, in Accra yesterday….

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LILONGWE CITY COUNCIL OUTLINE INFRASTRUCTURAL PLANS IN MALAWI

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Mayor for the City of Lilongwe, Councilor Richard Banda says the council is committed in making infrastructural advancements in the Capital in a bid to improve its outlook. He pledged in Lilongwe during a press briefing where he said among other things the Council intends to complete the construction as well as rehabilitation of the roads in some parts of the Capital City. “As we are going towards the end of the financial year, the…

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IFC TO INVEST US$256MILLION ON SENEGAL’s LARGEST CEMENT MANUFACTURER

Posted on by Gambeta News

The International Finance Corporation (IFC), the World Bank’s investment arm, said it would invest €242-million ($256-million) in Senegal’s largest integrated cement manufacturer, Sococim Industries, to boost low-carbon production. Sococim, a subsidiary of French cement maker Vicat, will receive a €120-million loan from IFC’s own account and €122-million equivalent in local currency from Société Générale Sénégal and other lenders. The majority of the financing – €214-million – will be earmarked for green activities, the IFC said…

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KENHA SAYS OLD MOMBASA ROAD TO BE UPGRADE AFTER SECURING SH24.8BILLION FUNDS

Posted on by Gambeta News

The old Mombasa Road will be upgraded to Nairobi Expressway standards as part of the Sh24.8 billion project, which will also see the construction of new footbridges and pedestrian paths, according to a recent statement from the Kenya National Highways Authority (KeNHA). The work will begin soon once the road sections damaged during the construction of the Expressway have been repaired. This is according to KeNHA Director General Kungu Ndungu. The latter said that the 27-kilometer-long road’s…

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MALAWI WORKS MINISTERS SAYS ROAD CONSTRUCTION TO RESUME AFTER RAINNY SEASONS

Posted on by Gambeta News

Minister of Transport and Public Works, Jacob Hara, has said road construction works by government will resume when the rains the country is experiencing subside. Hara said all the resources are available and that roads like the M1 and M5, the six-lane Kenyatta Drive and the dual-carriage way from Crossroads to Kanengo in Lilongwe will all be constructed as soon as the rains are over. He added that in a drive to have forex available…

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HOW ENTEBBE AIRPORT EXPOSURE IS HELPING UGANDA

Posted on by Gambeta News

Uganda’s engagement with China has often seen officials from Kampala troops to Beijing for loans, resulting in a rising debt situation with the Asian giant over the last decade. Ugandan projects whose funding has been negotiated with the Exim Bank include $2.2 billion for the SGR, $1.44 billion for the 600MW Karuma hydroelectric dam, $482 million for 183MW Isimba power dam, $350 million for the 51km Kampala-Entebbe Expressway and $200 million for Entebbe International Airport…

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