AFRICAN ARCHITECT WINS ARCHITECTURE’s MOST PRETIGIOUS HONOUR (PRITZKER PRIZE)

Posted on 16 March 202216 March 2022 by Gambeta News

Burkina Faso-born architect Diebedo Francis Kere has become the first African to win the Pritzker Prize, architecture’s most prestigious honour, in its more than 40-year history. Diebedo Francis Kere was born in Gando, Burkina Faso, and based in Berlin, Germany, holds duo dual citizenship of Burkina Faso and Germany. According to the Pritzker Prize announcement. “Through his commitment to social justice and engagement, and intelligent use of local materials to connect and respond to the…

BUILDEXPO AFRICA – LARGEST BUILDING AND CONSTRUCTION EXHIBITION RETURNS TO EAST AFRICA

Posted on 14 August 2021 by Gambeta News

Buildmart covers East Africa’s longest running and largest exhibition this year. Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. The latest edition of Buildexpo, East Africa’s largest building and construction fair, brings you exhibitors from over 40 countries who are the finest in infrastructure development. The event takes place in East Africa’s most promising countries including Kenya, Tanzania, Rwanda…

KINGDOM OF ESWATINI LOOKS INWARD TO RAISE FUNDS FOR NATIONAL DEVELOPMENT

Posted on 9 February 2021 by Gambeta News

The southern African Kingdom of Eswatini is overhauling its tax system and reducing its debt arrears as it seeks to shore up its finances amid the coronavirus pandemic. The landlocked nation intends introducing new levies to increase its tax take and bring more individuals and entities into the net, Finance Minister Neal Rijkenberg said in an interview. The government estimates that the so-called “shadow economy” of illicit and informal activity, accounts for about 40% of…

TROPICAL STORM DESTROYS BUILDINGS IN PARTS OF SOUTHERN AFRICA

Posted on 26 January 2021 by Gambeta News

The death toll from storm Eloise rose to at least 13 on Monday after heavy winds, rain and flooding destroyed buildings, drowned crops and displaced thousands in parts of southern Africa. Eloise weakened from a cyclone to a tropical storm after making landfall in central Mozambique on Saturday, but continued to dump rain on Zimbabwe, eSwatini – formerly known as Swaziland – South Africa and Botswana. Six people were killed in Mozambique, the country’s National…

IFC SENIOR OPERATIONS OFFICER – JOHANNESBURG

Posted on 13 January 202113 January 2021 by Gambeta News

Description IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For…

HOW TO COUNTER COVID-19’s IMPACT IN AFRICA

Posted on 8 July 2020 by Gambeta News

NAIROBI, Kenya—Mo Ibrahim has long been a man on a mission. Several missions, in fact. The Sudanese-born telecoms tycoon, who trained as an electrical engineer, founded Celtel International in 1998, building it into one of Africa’s leading mobile telephone companies. In 2006, a year after he sold Celtel and guided by a belief that governance is the basis for growth and prosperity, he established the Mo Ibrahim Foundation to promote African leadership and good governance…

ANGOLA’S RICHEST WOMAN DEFENDS HER ENERGY COMPANY, EFACEC

Posted on 23 June 2020 by Gambeta News

EFACEC Power Solutions (EFACEC) is the largest Portuguese Corporation in the field of energy, engineering and mobility, with many subsidiaries of strong presence in different international markets including Africa. Using Winterfell Industries – an offshore company, Ms. Isabel Dos Santos acquired a stake in EFACEC. According to Ms. Isabel Dos Santos, ‘EFACEC is a success story! When I bought it, EFACEC was practically bankrupt and in recent years thanks to hard work we got the…

FIBERTEX AND SPECIFYING TECHNIQUES HOST CPD SEMINAR IN BOTSWANA

Posted on 10 December 2019 by Gambeta News

Fibertex South Africa and Specifying Techniques, in conjunction with The Architects Association of Botswana (AAB) hosted a Continuous Professional Development (CPD) seminar in Gaborone recently. “This forum – which was the first of its kind hosted by the newly formed AAB – forms part of the association’s accredited CPD programme, which is designed to improve and broaden knowledge and skills of its professional members,” says Philip van Greunen, Marketing Director, Specifying Techniques. “Through the…

EXXON MOBIL TO MAKE BIGGEST ASSETS SALE OF THE DECADE

Posted on 29 November 201929 November 2019 by Gambeta News

Exxon Mobil plans to quit business in Europe and sell off assets in Asia and Africa. Exxon Mobil is about to make its biggest assets sale for decades. The multinational Oil and Gas company in a bid to free up cash; has put up oil and gas fields in Europe, Asia and Africa worth US$25 billion for sale. The company according to sources plans to use the freed up cash to focus on a handful…

FIDIC MEMBER ASSOCIATION EXCELLENCE AWARDS

Posted on 24 June 201925 June 2019 by Gambeta News

FIDIC to celebrate its members via the FIDIC Member Association Excellence Awards In a bid to recognise, reward and highlight the achievements and also the successes of its international Member Associations in representing the global consulting industry; The International Federation of Consulting Engineers (FIDIC) is introducing the new FIDIC Member Association Excellence Awards. The award aims at recognising the works and also celebrating the excellence of FIDIC members; who operate in ever-changing Consulting Engineering industry….

FUNDING AFRICA’S INFRASTRUCTURE GAP

Posted on 31 May 2019 by Gambeta News

A look at Infrastructure funding gap across Africa and remedies so far. Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative sources financing to countries in Africa that have…

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…

IFA SECURE FUNDS FOR INFRASTRUCTURE DEVELOPMENT IN AFRICA

Posted on 5 March 20195 March 2019 by Gambeta News

IFA gets fund for infrastructure development in six African nations Investment fund Africa IFA has secure US$6 billion for infrastructure development in Africa. This IFA fund is the first phase of its drive towards infrastructure development in Africa. The deal was announced during an interview with investment fund’s chairperson and chief executive Neil de Beer. According to Neil, the lack of modernization, infrastructure and the backlog in Africa inspired the project-focused business. He also said that the…

THE TOP 5 LONGEST BRIDGES IN AFRICA

Posted on 15 February 201917 July 2020 by Gambeta News

In this article, we would be discuss the longest bridges in Africa. We would take a look at the top 5 longest bridges in the continent. But first what are bridges? Bridges are structures built to span over physical obstacles without closing the way underneath it. It is one of the infrastructure that brings out both fascinating and appealing imaginations. It also signifies the culture of a particular location as the designing of a bridge takes…

WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

Posted on 1 February 20191 February 2019 by Gambeta News

What investors need to know as African countries head to polls

Before the elections commence in Africa, what do investors need to know? Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government. Some African countries this year 2019 will soon be voting to select new leadership for their countries. Some of these counties and their election dates include: Nigeria: 16th February, Senegal: 24th…

MOZAMBICAN ENTREPRENEUR RECEIVE GOLD AT WORLD INVESTMENT FORUM 2018

Posted on 26 October 201826 October 2018 by Gambeta News

Mozambican entrepreneur receives gold medal at the ongoing World Investment Forum 2018 in Geneva. The World Investment Forum is a biennial programme that promotes investment for sustainable development. It also aids the facilitation of policy dialogue among a diverse community of investment stakeholders. The award was given to Uneiza Ali Issufo because of her company’s commitment to quality, sustainability and environmental protection. Uneiza Ali Issufo is the founder of ConsMoz Ltd, a construction company based in…

THE KINGDOM OF SWAZILAND

Posted on 14 September 20187 September 2022 by Gambeta News

The kingdom of Swaziland gained its independence on the 6th of September 1968 from the United Kingdom. The Kingdom of Swaziland, is a sovereign state in Southern Africa. It’s neighbored by Mozambique to the northeast and by South Africa to its north, west and south. It’s a gorgeous green and hilly country with some of the most fascinating culture. It is also known as Ngwane or the Kingdom of Eswatini. It is the smallest country in…

AGRO FINANCING MODEL IN AFRICA RECEIVES INTERNATIONAL RECOGNITION

Posted on 10 August 201814 August 2018 by Gambeta News

British Consultants in partnership with African stakeholders design a Highly Commended PPP framework model for the Agro-Industry in Mozambique. Booker Tate Limited, a British AgriBusiness expert based in Oxfordshire has collaborated with stakeholders in Mozambique in designing a “Highly Commended” Public Private Partnership framework that can be replicated across Africa for financing and implementing AgriBusinesses. Collaborating with Leadership Business Consulting (LBC) – a Mozambican firm, they are deploying the model on the Cofamosa Irrigation Project….

SOUTH AFRICA : PPC CEMENT LUNCHES NEW ‘SURE’ PRODUCTS.

Posted on 30 July 2018 by Gambeta News

The new cement lunched by PPC cement South Africa is in line with their branding and refocusing in over 100 years. The Sure range indicates a greater customer focus as well as a vote of confidence in the country and its growth potential. The new product will fill in the market demand for a range of products designed for specific applications. The products include Surewall, Surecem, Sureroad, Surebuild, Surecast and Suretech. Surewall and Surecast, are…

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…

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