NAMIBIA GOVERNOR CALLS FOR KATIMA MULILO BORDER PROJECT TO BE FAST-TRACKED

Posted on 9 August 2023 by Gambeta News

Zambezi regional governor Lawrence Sampofu has called for the fast-tracking of plans to turn the Katima Mulilo border post into a one-stop border post (OSBP), as well as for it to start operating on a 24-hour basis. He made this call during his State of the Region address at Katima Mulilo on Thursday. Sampofu said the slow progress on the extension of operational hours and the establishment of an OSBP as a trade facilitation measure…

EIB TO INVEST K200M INTO TWO FIRMS TO SUPPORT GREEN GROWTH

Posted on 3 July 2023 by Gambeta News

Two agribusiness firms in Mzuzu have received K100 million loans each from European Investment Bank (EIB) as part of a broader Team Europe Initiatives to support green growth across Malawi and southern Africa. The two businesses are Wijays Enterprises owned by Joyce Banda and Wallie Farms owned by Sheryl Karim. The two emerged winners after their business plans came out the best at the Boosting Women in Agriculture Pitch Night which the EU Delegation conducted…

KWALA DRY PORT CONSTRUCTION COMPLETED IN TANZANIA

Posted on 8 May 2023 by Gambeta News

A delegation of Customs Officers from the Democratic Republic of Congo (DRC) led by their Director of Customs and Excise Mr René Kalala Masimango has praised the sixth phase government led by President Samia Suluhu Hassan and the Tanzania Ports Authority (TPA) for the completion of Kwala Dry Port in the Coastal Region. Mr Masimango who is in charge of the Haut Katanga, Lualaba, Tanganyika, and Lomami provinces remarked on Friday when he visited the…

ZIMBABWE GOVT. APPROVED CONSTRUCTION OF THIRD LIMPOPO BRIDGE

Posted on 7 March 2023 by Gambeta News

The construction of a third bridge across the Limpopo at Beitbridge between Zimbabwe and South Africa has been approved by Cabinet, as the Government moves a gear up to ensure that required infrastructure is always in place for the rapidly growing regional and international trade in line with its ease of doing business policy. Transport and Infrastructural Development Minister Felix Mhona said technocrats were already hard at work, setting the necessary legal frameworks and the…

DISCO STEEL PLANT PROJECT NOW 80% COMPLETE IN ZIMBABWE

Posted on 25 January 2023 by Gambeta News

The designing of power lines and electrical substations for the Dinson Iron and Steel Company (Disco) steel plant is now 80 percent complete, an official has said. Disco, which is building a US$1,5 billion integrated steel plant in Manhize near Mvuma is a subsidiary of China’s largest stainless producer, Tsingshan Holdings Group Limited. The plant is expected to be commissioned in August, according to official timelines. The project is now 50 percent complete. Last year,…

SONGEA AIRPORT REHABILITATION AT 97% IN TANZANIA

Posted on 17 January 202317 January 2023 by Gambeta News

Rehabilitation and upgrading of Songea Airport in the Ruvuma Region have reached 97 percent. Ruvuma Regional Manager for Tanzania National Roads Agency (TANROAD) Engineer Elphatar Mlavi said the 37bn/- airport is set to be fully completed and handed over to the government at the end of this month. Eng Mlavi made the revelation during a visit by the Ruvuma Regional Commissioner Colonel Laban Thomas, who had visited the airport to observe the work progress. Eng…

CONSTRUCTION OF MBAMBA-BAY PORT TO BEGIN THIS MONTH IN TANZANIA

Posted on 10 January 2023 by Gambeta News

Construction of Mbamba- Bay Port in Ruvuma Region is set to commence this month, Director General for Tanzania Ports Authority (TPA), Mr. Plasduce Mbossa has affirmed. Mr. Mbossa said over the weekend that TPA was aware of the importance of the port, reaffirming the authority’s commitment to ensuring the plan to develop the port is implemented as planned. “TPA is aware of the importance of Mbamba Bay Port and for that matter, we are committed…

TANROAD SIGNED DEAL TO CONSTRUCT TARMAC ROAD IN TANZANIA

Posted on 3 January 2023 by Gambeta News

The Tanzania National Roads Agency (Tanroads) has signed a Sh38.359 billion deal with a Turkish firm to construct a tarmac road that is expected to ease coal transportation to neighbouring countries. AVM-Dilingham Construction International Inc will build the 32-kilometre road connecting Ibanda, Kajunjumele, Kiwira, and Itungi Port. The company got the contract following a competitive procurement procedure through Tanroads in which six firms expressed interest. Speaking at the signing ceremony, minister in charge of Works…

WHY DAR PORT NEEDS STRATEGIC INVESTMENTS TO BOOST EFFICIENCY IN TANZANIA

Posted on 6 December 2022 by Gambeta News

The Dar es Salaam Port has a huge potential to become the regional powerhouse and substantially contribute to the country’s economic growth if it gets the right and strategic investment to improve and boost its operations. From the strategic point of view, the Dar es Salaam port is well positioned to serve more land-linked countries at cost-efficient services thus giving it a high comparative advantage over its peer ports. However, failure to get the right…

50TH CESA AON ENGINEERING EXCELLENCE AWARDS WINNERS ANNOUNCED

Posted on 30 September 2022 by Gambeta News

29 September 2022. It was a night of celebration and networking at the 50th CESA Aon Engineering Excellence Awards held in Johannesburg on 28th September. This year, the event hosted by Consulting Engineers South Africa (CESA) in partnership with Aon South Africa returned to an in-person awards ceremony for the first time since August 2019. The awards celebrated innovation, quality, outstanding workmanship and professionalism which was evident in the entries for the different categories. …

CESA AON ENGINEERING EXCELLENCE AWARDS – FINALISTS ANNOUNCED

Posted on 9 September 2022 by Gambeta News

7 September 2022 Consulting Engineers South Africa have announced the finalists for their 2022 CESA Aon Engineering Excellence Awards taking place later this month at a gala banquet being held in Johannesburg, supported by Aon South Africa who have been their strategic partner for many years. 2022 not only marks 70 years of CESA’s existence but the 50th anniversary of the CESA Aon Engineering Excellence Awards. These awards recognise the excellence in engineering of CESA…

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

Posted on 1 July 2022 by Gambeta News

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…

MOZAMBIQUE’s EDM AWARD CONSTRUCTION OF INTERCONNECTION POWERLINE

Posted on 13 April 2022 by Gambeta News

Mozambique’s publicly-owned electricity company, Electricidade de Moçambique (EDM), has awarded the construction of the interconnection power line with neighboring Malawi to “Lasern & Toubro” (L&T), India’s infrastructure development company, which will execute the part of the work that falls within Mozambican territory. The work, which will start from the Matambo electricity substation in the central province of Tete, will consist of the construction of a 142 kilometer 400 Kilovolt transmission line, up to Zobue on…

LARGEST AIRPORT IN AFRICA

Posted on 17 January 2020 by Gambeta News

Ethiopia plans to commence building Africa’s largest airport at $5 billion within six months. The new airport will be 70 kilometers from the existing Bole International Airport in the capital Addis Ababa, and can handle as many as 100 million passengers yearly. This expansion would elevate Ethiopia to compete with London’s Heathrow (Europe’s busiest airport), and Dubai International (currently the world’s number 1 for international flights) as it has more capacity than both. According…

KENYA MOVES TO ATTRACT OIL IMPORTERS

Posted on 5 November 20195 November 2019 by Gambeta News

Kenya Government slash oil pipeline tariff price for oil importers by 50 percent. Kenya is trying to regain the regional fuel transport market after loosing it to Tanzania’s port Dar es Salaam. As a result of this loss, Kenya’s Energy and Petroleum Regulatory Authority (EPRA) has slashed the oil pipeline tariff; from the usual US$60 to US$30.89 per 1,000 litres as a way of attracting oil importers. Tanzania is charging US$80 per 1,000 litres and…

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…

TUNISIA RECEIVES US$245m AS PORTION OF IMF LOAN

Posted on 1 October 2018 by Gambeta News

Tunisia gets US$245 million loan installment from IMF According to reports, the International Monetary Fund (IMF) have approved a loan installmental payment of US$245m to Tunisia. This approved sum is the fifth payment under the loan programme between IMF and the North African country. The IMF loan programme will aid Tunisia control its deficit through economic reforms. It will also unlock the route for the country to sell US$1 billion worth of bonds this month…

WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS

Posted on 18 July 2018 by Gambeta News

WHY AFRICA NEEDS MORE AGRITECH ENTREPRENEURS Agriculture is the biggest employer in Africa with about 70% of the population depending on it to make a living. Agriculture contributed to about 32% of Africa’s GDP as at 2016. Growth in this sector is 11 times more effective in reducing poverty than growth in any other sector. The agricultural value chain is to add more jobs than any other sector in countries such as Ethiopia, Malawi, Mozambique, Tanzania, Uganda, and…

US $1.57Bn DONATED TO NIGERIA TO STRENGTHEN IT’s POWER SECTOR.

Posted on 3 July 2018 by Gambeta News

Nigeria’s quest to improve power supply will receive US $1.57 bn. The donors include World Bank, African Development Bank AfDB, Japan International Cooperation Agency (JICA) and French Development Agency. The fund is for the Transmission, Rehabilitation and Expansion Program (TREP). Also TREP of the Transmission Company of Nigeria TCN for an initial 20,000 MW in the next four years. The program is approved by the federal government. TREP will help for the steadily growth, stability…

Independence Day in Mozambique

Posted on 26 June 201826 June 2018 by Gambeta News

TODAY is Independence Day in Mozambique, celebrating its independence from Portugal on June 25, 1975. After over four centuries of Portuguese rule, they gained independence in 1975, becoming the People’s Republic of Mozambique shortly thereafter. Mozambique is a country in Southeast Africa. The official name of the country is the Republic of Mozambique. It is bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the…

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