BOL DREAMS BIG ABOUT COAL TO LIQUID PROJECT IN BOTSWANA

Botswana Oil Limited (BOL) is dreaming big with their Ikaegeng Coal to Liquids Project, an undertaking they hope will create 30, 000 temporary jobs. Construction of the mine and production plant is not scheduled until mid-2025 and will take four years to complete. Set to cost between US$ 3-4 billion, the project seeks to make the most of Botswana’s untapped coal reserves, estimated to sit at around estimated 212 billion tonnes. The aim is to…

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KENYA SECURE SH120BILLION FROM KOREA FOR DIFFERENT PROJECTS

The money will go to health, ICT and agriculture programmes, technical training and vocational education, the Sagana Industrial Park, affordable housing, energy, infrastructure and urban transport, Mombasa’s Dongo Kundu and Naivasha special economic zones. Speaking at Yongsan President’s Office in Seoul, when he held talks with his South Korean counterpart Yoon Suk Yeol, President Ruto appreciated the support under the economic cooperation development framework. President Ruto said the agreement will stimulate Kenya’s rapid economic development…

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EGYPT GOVT. AGREEDS TO LAUNCH EWIS WITH GREECE

Egypt has agreed to launch an electrical wiring interconnection system (EWIS) between Egypt and Europe via Greece with €3.56bn investment. The project will export clean energy from Egypt to Europe via Greece, and Greece will use part of the energy, and export the bulk to European countries. The project comes as part of the plan to develop long-term renewable energy sources to feed the electric interconnection project with green energy. The plan is to consist…

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MOROCCO KING CELEBRATE NIGERIA-MOROCCO GAS PIPELINE PROJECT

The gas pipeline aims to ensure energy independence on the continent amid a context marked by serious challenges due to regional crises. King Mohammed VI celebrated the Nigeria-Morocco gas pipeline project, emphasizing its goal in a bid to support accelerating socioeconomic development on the continent. The King expressed satisfaction with the gas project during his speech, commemorating the 47th anniversary of the Green March on Sunday. While the Green march helped the country to regain…

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RWANDA PM LAUNCH CONSTRUCTION OF US$530M NATURAL GAS PLANT

The construction of an ultra-million plant to produce compressed natural gas for cooking, vehicles, and industries from Lake Kivu methane gas is expected to be complete within two years in the Karongi district, Prime Minister Edouard Ngirente has announced. He said while officiating a ground-breaking ceremony for the compressed natural gas production facilities at Lake Kivu. GasMeth Energy LTD is set to undertake the project. Ngirente said that methane gas provides an energy resource, valued…

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GERMAN INVESTOR TO BUILD ECO BEACH RESORT WORTH U.S.$5M IN LIBERIA

A group of German Investors is poised, to shift the tourism industry in Liberia, for the first time in 175 years, by constructing ecovillages, in Little Bassa, Grand Bassa County, to lure thousands of tourists, and visitors, residents, and citizens of Liberia. Liberia, Africa’s first constitutional Republic that declared independence (as a free state) in 1847, is abundantly endowed with natural resources, wonderful beaches, wild-packed national parks, mountains, waterfalls, lakes, and islands. The West African…

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GHANA’s DOME-KITASE ROAD CONSTRUCTION TO BE COMPLETED IN 24 MONTHS

President Nana Addo Dankwa Akufo-Addo cut the sod for the construction of the Dome-Kitase road, which links Greater Accra and the Eastern Region. Speaking at the sod cutting ceremony President Akufo-Addo urged the contractor to ensure that construction work is completed on schedule and within budget. He said that road had been promised by various political parties and successive governments over the years. “I am happy that it is under the Presidency of Nana Addo…

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GHANA PRESIDENT CUT SOD FOR CONSTRUCTION OF €500M MANSO-HUNI VALLEY

President Nana Addo Dankwa Akufo-Addo has cut the sod for the construction works to begin on the €500 million Manso-Huni Valley section of the Western Railway. Describing it as the highest single investment in the country’s railway development since independence, President Akufo-Addo said the project was expected to be completed within 42 months. Addressing the gathering at Manso, in the Amenfi Central District on Tuesday, the President said one of the great tragedies of Ghana’s…

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CDEDI SUPPORT PRESIDENT’s POLICY CALLS TO PROTECT LOCAL CONSTRUCTION COMPANIES

The Centre for Democracy and Economic Development Initiatives (CDEDI) has echoed President Dr. Lazarus McCarthy Chakwera’s call for the development of deliberate policies to protect the local players in the construction industry, observing that the local players are at the mercy of foreign firms. Recently, President Chakwera ordered that foreign companies awarded construction contracts in Malawi should award 30 percent of the projects to the local contractors. He also ordered that all international bidders should…

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NEMBE-BRASS ROAD CONSTRUCTION BEGANS IN NIGERIA

The Bayelsa Government in Nigeria has begun the construction of the first phase of the Nembe-Brass road linking the two coastal local government areas. According to reports, the project was inaugurated by the Minister of Works and Housing, Mr. Babatunde Fashola, at Nembe. The project, which is one of the three senatorial roads in the state, had been on the drawing board of successive administrations in the country from the colonial era in the 1940s….

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CHINA – AFRICA COOPERATION REMAINS STABLE – CHINESE STATE COUNCILOR REAFFIRMS

Chinese State Councilor Wang Yi has reaffirmed that the friendship between China and Africa remains rock-solid and stable no matter what the international situation they faced. Mr. Yi, who is also Foreign Minister said the difficulties, obstacles, or disruptions encountered cannot change the relationship that exist between the pair. He stressed that the two sides enjoy profound traditional friendship noting that China is the largest developing country, while Africa is the continent where developing countries…

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NIGERIA COASTAL ROAD TO BEGIN AFTER SIX DECADE IN WAITING

It quite unbelievable that a project will been in view for so long let alone six decade. Since the nation gained independence, the Nigeria coastal road project has been put forth to the public but with no actual plan, the project has endured a very static movement. It was meant to be the first Nigerian Coastal Road project from Koko in Warri North Local Government Area of Delta state to Lekki in Lagos State with…

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NIOB SAYS BUILDING COLLAPSE TO CONTINUE AS DEVELOPER IGNORES PROFESSIONALS IN NIGERIA

The Nigerian Institute of Building, NIOB has released a statement that the constant building collapse in the country will continue as developer still perform the function of building engineers. President of NIOB, Kunle Awobodu made the remark during the survey of the first story building in Nigeria which was built in 1842 (Shitta Bey Mosque) and Water House by Candido Da Rocha, which was built in 1946. According to NIOB President, majority of the materials used…

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REP. MEMBER SAYS EXECUTIVE MANSION A MILKING COW FOR LEADERS IN LIBERIA

Liberia Executive Mansion which is home to politicians holding office in the nation has been a “Milking Cow” according to the Chairman of the House of Representatives Committee on Good Governance and Government Reform, Larry P. Younquoi. The Mansion built from 1961 to 1964, during the administration of ex-Liberian President William V. S. Tubman was funded by Israeli government. However on July 26, 2006, the Executive Mansion, gutted fire during Liberia’s Independence Day Celebration, destroying the…

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RUSSIA TO DEVELOP A NUCLEAR POWER PLANT IN RWANDA

Russia takes a practical step by building a nuclear power plant for Rwanda. After the Russia-Africa Summit in Sochi, Russia and Rwanda finalized on a deal to promote the use of nuclear energy in Rwanda. The deal was first initiated in December 2018, but was concluded after the summit. The project will completed by 2024 by Russia’s Rosatom Global Nuclear Company. Legal Agreement The agreement nails the immense alliance between both parties in handling the…

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KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

kieni constituency hospital

Kieni constituency to build level four hospital after securing funds from Ministry of health in Kenya. Kenya’s  Kieni constituency has secure fund for the construction of a level four hospital. The fund which is worth US$541k (Sh30 million) will help them have another existing level four hospital in the constituency. Kieni MP Kanini Kega made the announcement after telling residents that the ministry of health has allocated the fund. He said that the hospital building…

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KENYA’S ROOFING QUEEN – IRENE WANJIKU

Irene Wanjiku, the founder of Rexe Roofing Products Ltd, discusses building her business with Gambeta News   In November 2011, REXE Roofing was incorporated after Irene left her job in the construction industry. She is one of the leading icons in East Africa’s roofing business. Big projects like The Hub Karen in Kenya and Acacia Shopping Mall in Uganda are among the list of her completed projects.   Irene is a graduate of Business Administration…

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MADAGASCAR CELEBRATES 59TH ANNIVERSARY

MADAGASCAR CELEBRATES 59TH ANNIVERSARY

Colourful celebrations as Madagascar celebrates its 59th Independence Day Anniversary President Paul Kagame of Rwanda also joined President Andry Rajoelina of Madagascar in celebrating the 59th Independence Day Anniversary.  Since gaining independence from France on June 26th, 1960, Madagascar continues to flourish. Interestingly, Madagascar is the world’s fourth largest island and is home to some rare creatures. More so, the beautiful French speaking island is approximately 400 km off the coast of East Africa. Today’s…

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CHINA FUNDS KENYA’S DATA CENTRE AND HIGHWAY WITH US$666m

Kenya’s data centre and highway gets US$666m China funding.

Kenya’s data centre and highway gets US$666m China funding. A data centre and highway in Kenya have received 67.5 billion shillings (US$666 million) as funding from China. The funds were issued  at Beijing where Kenya’s President Uhuru Kenyatta attended the second Belt and Road Forum. President Uhuru Kenyatta today witnessed the signing of two project delivery agreements totalling to Sh 67.5 billion through concessional financing and Public Private Partnership (PPP).#KenyaChinaRelations pic.twitter.com/jbHT9WsMF4 — State House Kenya…

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STATE OF THE NATION ADDRESS – PRESIDENT KENYATTA

President Uhuru Kenyatta addresses a special sitting of the two Houses of Parliament and the entire nation of Kenya State of the Nation Address (abbreviated as #SOTNKe2019) is an annual event in the Republic of Kenya, in which the President reports on the status of the nation. In his address, President Uhuru Kenyatta speaks on his achievements and plan towards building a stronger Kenya. Understanding that Kenya is an unfinished work, He is fully confident that his…

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