LAMU PORT FIRST BERTH COMPLETED IN KENYA

Lamu port first berth completed

First of 32 berths of Lamu port completed in Kenya with the second and third set for completion in december 2020. Lamu port which is a transport and infrastructure project in Kenya has completed it first Berth. The port when completed will be Kenya second transport corridor. The first berth is part of a 32 berth plans which started in december 2016, with the second and third set for completion in december 2020. The Lamu…

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THE BIG 5 CONSTRUCT KENYA RETURNS THIS NOVEMBER

Big5 Construct Kenya

The Big 5 Construct Kenya will return from 5 – 7 November at the Kenyatta International Convention Centre (KICC). Backed by the National Construction Authority, the expo will host 220+ exhibitors making it the largest construction event in Kenya Nairobi, Kenya, July 9 2019: The Big 5 Construct Kenya will return to Kenyatta International Convention Centre (KICC) from 5 – 7 November 2019, announce event organisers. Muhammed Kazi, Portfolio Director at dmg events commented: “We are delighted to…

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RWANDA, DR CONGO REVIEW CROSS-BORDER TRADE TAX

Rwanda and DR Congo review cross-border trade tax

Rwanda and DR Congo review cross-border trade during a bilateral meeting in kigali. Rwanda and DR Congo are reviewing the cross-border trade tax. This is after both nations agree to come up with a list of products, business sizes that will benefit the tax-free cross-border trade. The bilateral meeting had both nation Ministers for Trade in attendance. Meanwhile, the deal which was originally signed in 2016 is still not functioning. The simplified trade regime (STR)…

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SEPLAT PARTNERS WITH NNPC TO RAISE US$700m GAS DEVELOPMENT FUNDS

Seplat teams up with NNPC to raise US$700m for a gas development project

Seplat teams up with NNPC to improve gas production in Nigeria. Seplat Petroleum Development Company recently announced that it is partnering with Nigeria National Petroleum Corporation (NNPC); to raise US$700 million for a gas development project. The US$700 million is for a joint gas project in Imo state; which will tremendously help Nigeria to reduce its dependency on oil. According to A.B.C Orjiako, the Co-founder and Chairman of Seplat; the project includes the development of the Assa…

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TANZANIA TO GENERATE 10,000MW OF POWER BY 2025

TANZANIA TO GENERATE 10,000MW

Tanzania’s Deputy Energy Minister speaks to parliament on this huge plans Plans are in motion by the Government in Tanzania to generate 10,000MW of power. In essence, expanding its current power generation capacity moving sixfold ahead from 1,602 megawatts to reach 10,000 megawatts by 2025. This will be achieved through investments in thermal and renewable energy, Deputy Energy Minister, Subira Mgalu told the parliament on Tuesday, 23rd April, 2019. Mgalu said, “We need to have abundant and reliable power…

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TANZANIAN TEAM UP WITH UGANDAN IN OIL EXPLORATION

Tanzanian And Ugandan Collaborate in Oil Exploration Tanzanian Energy Minister, Dr Medard Kalemani said Tanzania have teamed up with Ugandan to conduct oil exploration at various areas in Tanzania. The Minister said this at a recent workshop for the parliamentary committee on energy and minerals members. He also said that the ministry have set up a joint team to carry out the oil explorations. This joint team will enable experts from Tanzania borrow experience from their…

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ACS GROUP TO BUILD WORLD’S LARGEST SULFURIC ACID PLANT IN MOROCCO

Construction of two of the world’s largest sulfuric acid plant is ongoing in Morocco. ACS Group will build two of the world’s largest Sulfuric Acid Plant in Morocco; as Rabat Morocco’s OCP group and Spain’s ACS Group sign contract to build the factories in Jorf Lasfar. The factories which will be located 120 kilometers south of Casablanca will also cost about €255 million. OCP (Office Chériffien de Phosphates) awarded the contract to ACS Group through its engineering…

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ZIMBABWE TO LAUNCH INTER-BANK FOREX MARKET

Zimbabwe to soon launch new inter-bank Forex market. On the 20th February, 2019, John Mangudya  Zimbabwe’s Central Bank Governor, said the establishment of a new inter-bank Forex market is in the process. He also said; the new Forex market will help remove the fixed exchange rate between the US dollar and its highly liquidable currency. The Central Bank Governor also said; the inter-bank Forex market will be of help to the Southern African to restore price…

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UGANDA PRESIDENT MEETS COMMONWEALTH DELEGATES OVER INFRASTRUCTURAL DEVELOPMENT

President Museveni plans for more infrastructural development in Uganda especially in electricity after meeting with CDC delegates. Infrastructural development in Uganda is part of President Yoweri Museveni plans. In African nations, infrastructural development is the way forward. This is why Uganda President held a meeting with Commonwealth Development Corporation (CDC) delegation. The focus of the meeting was on the different ways to develop the nation’s infrastructure especially in the electricity sector. It aimed at increasing the electricity…

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WORLD’S LARGEST SOLAR PARK TO BE UNVEILED IN EGYPT

Egypt to unveil world's largest solar park

Egypt to unveil world’s largest solar park/farm this year. By mid this year 2019, Egypt expects to unveil its Benban solar park; which covers a 37.2 km2 (14.4 sq mi) area and will produce more than 4TWh of power once fully operational. The park consists of 41 power plants/stations and about six(6) million solar panels. When completed, the Benban park will be the world’s largest solar park or farm. It is worthy to note that the world’s first solar thermal…

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OPERATION HORNKRANZ GUARANTEES A SAFER NAMIBIA

President of the Republic of Namibia, Hage G. Geingob recently launched Operation Hornkranz. A crime fighting initiative led by the Namibian Police NAMPOL, and supported by the Army. The operation is geared towards rooting out crime, to show potential tourist and investors that the country is governed by law and order. This operation further reinforces the president’s vision to position Namibia as the gateway to Southern Africa. The president signified the importance of this operation by…

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PRESIDENT HAGE LAUNCHES PEUGEOT OPEL ASSEMBLY NAMIBIA

PRESIDENT HAGE LAUNCHES PEUGEOT OPEL ASSEMBLY NAMIBIA

President Hage G. Geingob launches Peugeot Opel Assembly Namibia. The assembly plant is sited in Walvis Bay, and operates as a joint-venture between Groupe PSA and Namibia Development Corporation. It is another bold step in President Hage’s  industrialisation drive. This investment of over N$ 190 million, will have an annual production of 5000 cars and create 50 jobs. Thereby, ensuring that Namibia attains its ambitious plan of becoming a gateway to Southern Africa.  

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CROSS RIVER GETS CERTIFICATION TO EXPORT MADE IN NIGERIA CLOTHING

Cross River garment factory receives expoert licence for Made in Nigeria clothing

Cross River Garment Factory becomes export-licenced company for Made in Nigeria clothing. The Nigerian government through the Nigerian Export Promotion Council (NEPC) have granted Cross River Garment Factory the licence to export Made in Nigeria clothing beyond the shores of Nigeria to other parts of the world. The Nigerian government issued the certificate was on the 27th of November 2018; while the next day NEPC presented it to the State Government.  The presentation took place at the Cross River Garment Factory,…

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PLANS UNDERWAY FOR CONSTRUCTION OF BUS TERMINAL IN MALAWI

Construction of State of the Art International Bus Terminal set to kick-off in Malawi. Malawi’s capital is set to have a new state of the Art international bus terminal. This bus terminal will help reduce traffic congestion as well as make movement into the city very easy. The project will also help make the city to compete with other African city as it will be its first International bus terminal. The plan was disclose by…

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ELEGU ONE STOP BORDER POST HANDED OVER TO UGANDA REVENUE AUTHORITY

Ugandan Ministry of Transport and Works together with Trade Mark East Africa (TMEA) have handed over the newly constructed Elegu One Stop Border Post (OSBP) to Uganda Revenue Authority (URA). Just after construction of the new Elegu One Stop Border Post (OSBP); the Ugandan Ministry of Transport and Works and Trade Mark East Africa (TMEA) have handed over the border post to the Uganda Revenue Authority (URA). The handover to the tax body, URA, is to quicken trade between…

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The Republic of Benin

The Republic of Benin became independent from France on the 1st August, 1960 Benin is a narrow, key-shaped, north-south strip of land situated in West Africa; it’s officially the Republic of Benin and was formerly called Dahomey. Around it you would find Togo to the west, Bight of Benin to the south, by to the east and by Burkina Faso and Niger to the north. Lately the country has turned out to be the most visited country…

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REPUBLIC OF LIBERIA

THE REPUBLIC OF LIBERIA

The Republic of Liberia celebrates its 171 years of independence The Republic of Liberia is a country on the West African coast. Did you know that ‘Liberia’ is actually Latin and translates to ‘Land of the Free’? Now you do. The American Colonization Society founded the republic of Liberia in 1821 as a place for free African Americans to migrate to. More than 10,000 made the journey across the Atlantic, aided by the society, until Liberia…

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BOTSWANA POWER CORPORATION SIGNS CONTRACT WITH GE POWER

Botswana Power Corp

Botswana Power Corporation partners with GE Power to increase access to energy services for its populace. GE Power’s Grid Solution business have signed its first contract Botswana Power Corporation (BPC), the state’s electricity distributor. The contract proves the commitment of the Southern African nation in providing its people with access to affordable energy services. The contract will also help improve grid efficiency of the country. GE Power’s Grid Solution business, a subsidiary of the multinational power…

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UNION OF COMOROS

Union of comoros

Union of Comoros celebrates its 43rd Independence day today 6th July, 2018. Today is independence day for Union of Comoros  which form an archipelago of volcanic islands situated off the south-east coast of Africa in the warm Indian Ocean waters of the Mozambique Channel. Comoros is amazingly friendly. It also has world-class beaches and an underwater world, that even the most famous countries in south-east Asia would be jealous of. Fun and Interesting Facts About…

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DJIBOUTI

Djibouti is a semi-presidential republic. They gained their independence from France on 27, June 1977. Djibouti is a tiny country in northeast Africa. It is bordered by Eritrea to the north, Somalia to the southeast and Ethiopia to the south and west. In this country you get to enjoy an arid desert climate with little rainfall and high temperatures all year round.  The official languages are French and Arabic while the other languages spoken are…

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