Sub-Saharan Africa raised US $18.6 billion in 2018

Posted on 11 January 201911 January 2019 by Gambeta News

Sub-Saharan Africa (SSA) economies in 2018 tapped more into the Eurobond market, increasing by 77 percent the amount they raised from off-shore sources as they sought to access cheaper funds to meet domestic needs, United Capital Research says. The countries raised US $18.6 billion last year, from $10.5 billion they issued in 2017, United Capital, a leading African financial and investment services company in Nigeria, said in a 2019 outlook report released recently. BusinessDay analysis of…

TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

Posted on 27 July 201827 July 2018 by Gambeta News

Tanzania will benefit from US-led initiative to invest in gas plants in Africa. US companies will invest US $175 bn in gas power projects in Tanzania and eight other African countries. Other countries include Kenya, Côte d’Ivoire, Ghana, Nigeria, Senegal, Angola, Mozambique and South Africa. The countries were picked for there large populations, high gross domestic product. As well as there local gas resources or are planning liquefied natural gas (LNG) import projects. Hence, the…

WHY FORBES AFRICA 30 UNDER 30 IS INSPIRING YOUNG AFRICANS

Posted on 7 June 20187 June 2018 by Gambeta News

Forbes release list of Africa 30 under 30 young African entrepreneurs. In Africa, Youth often see themselves as tools that will never grow due to the mindset that was pass down from generation. They have the passion to excel but are still having the same small mindset. I sometime believe that if we can turn that passion and redevelop our mindset then the sky is our limit. Mindset is a powerful tool that needs to…

SOUTH AFRICAN CIVIL SERVANTS PLANS TO CLOSE BORDERS IN UPCOMING STRIKE

Posted on 7 June 2018 by Gambeta News

The planned strike by S.A’s civil servant will hit the country where it hurts the most. South African civil servants will commence a strike next week which might force the country to close its borders. The Public Servants Association (PSA) of South African plans to hit the country where it will hurt the most. “We are expecting disruption, we are expecting to close down all the border gates of this country,” said Mr Tahir Maepa, a…

CIMAF SET TO CONSTRUCT CEMENT PLANT IN IVORY COAST

Posted on 16 May 2018 by Gambeta News

Morocco firm set to construct a cement plant in Ivory coast that will increase its expansion in Africa. Morocco firm Cimaf is set to construct a cement plant in Ivory coast. The plant which will also produce 300,000 tons of cement per year is to be constructed in Bouake. It will be the lastest in a series of such project in the nation. The firm also laid the foundation for the first plant in Côte d’Ivoire an annual capacity…

NAMIBIA

Posted on 26 March 2018 by Gambeta News

Namibia, the “Germ of Africa,” a unique and popular place to be Namibia is a country in southwest Africa. This country is a home to diverse wildlife, including a significant cheetah. The official language is English. In terms of land area, it is the 34th largest country in the world with 825,615 square kilometers. Namibia is one of the least crowded destinations on the planet. Its name was gotten from the Namib Desert- one of the…

MALL FOR AFRICA SPREADS TO MORE PARTS OF AFRICA.

Posted on 2 February 2018 by Gambeta News

Mall for Africa expands to 11 new countries in Africa. Worldwide e-commerce and m-commerce colossus, Mall for Africa will expand into 11 new countries in Africa. In acknowledgement to the growing demand for its patented platform, the app will now be available in African countries like Angola, Chad, Guinea, Botswana, Tanzania, Uganda, Malawi, Egypt, Democratic Republic of Congo, Senegal, and Sierra Leone. The app offers items from 250 US and UK retailers to stores that are…

300KM PUMPING LINE REPAIR CONTINUES IN NAMIBIA

Posted on 9 January 2018 by Gambeta News

NawWater start repair of 300km pumping line at the Calueque Dam in Namibia. The pumping line which convey water from the Calueque Dam into the canal which feeds northern Namibia started linking in December 2017. The repair is been carried out by NamWater The 300km pumping line which extend across Angola’s border into Namibia is responsible for supplying towns as far away as Oshakati. According to a statement by NamWater, which state that a lot…

LUANDA NEW AIRPORT TO CONSTRUCT SIDEWALK AND CURBS

Posted on 25 October 2017 by Gambeta News

Angola new airport to build a sidewalk and curbs that will create an access road to the airport. The new Luanda, Angola International Airport (Aeroporto Internacional de Angola) which is approximately 40 km southeast of the city centre in the Bom Jesus commune in Icolo e Bengo municipality in Luanda Province will have a sidewalk and curb that will be constructed. The sidewalk and curb is expected to create part of the access road to Luanda’s new…

NIGERIA IS RE-ELECTED TO UN HUMAN RIGHT COUNCIL

Posted on 17 October 2017 by Gambeta News

Ghana stepped down for Nigeria to be re-elected in the UN human right council, joining 14 other states. On Monday in New york, the UN General Assembly in a secret ballot elected Nigeria and 14 other states to be among the Human Rights Council, UNHRC, for a term between 2018 to 2020. According to Nigeria news Agency, UNHRC tends to be the highest intergovernmental body in the UN for matters that are related to protection…

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