Search Results for: congo

IMPACT OF COVID-19 ON AFRICA

Posted on by Gambeta News

Kieran Whyte discusses the impact of COVID-19 in Africa. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel…

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AFRICAN POPULATION TO INCREASE BY 2100- PEW RESEARCH

Posted on by Gambeta News
Africa population

African nations population to increase in 2100 but is the continent ready for such explosion in population?? Africa is set for a population explosion in 2100, after PEW Research Centre release its report. According to the report, between 2020 and 2100, Africa’s population is expected to increase from 1.3 billion to 4.3 billion. The projection shows that the increase will come mostly in sub-Saharan Africa, which is expected to more than triple in population by…

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RWANDA GOVT. SIGN DEAL WITH NETHERLANDS FOR PORT CONSTRUCTION

Posted on by Gambeta News
Port construction at Lake kivu

Government of Rwanda sign grant with Netherland for port construction at Lake Kivu Plans are in motion for the construction of four ports at Lake Kivu. This was announced by Rwanda Ministry of Finance and Economic Planning (MINECOFIN) via its official twitter handle. The project will have a grant agreement that was signed between the government and Netherlands. According to the grants, Netherland will co-finance 45% of the fund needed to construct the project. Today…

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SA TO REBUILD RELATIONSHIP WITH OTHER AFRICAN COUNTRIES BEFORE THE AFRICA OIL AND POWER CONFERENCE

Posted on by Gambeta News

SA Minister of Energy pleads with other African countries ahead of the African Oil and Power conference. South African’s Minister of Energy Jeff Radebe  has visited the Presidents of Nigeria, Tanzania, Niger, Ghana, Senegal, Zambia and the Democratic Republic of Congo to discuss the way forward after the xenophobic attacks on their citizens. The visit was to assure these African countries that the South African government is doing everything possible to stop these attacks in…

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TANZANIA, KENYA AND UGANDA ARE REVAMPING THEIR OLD RAILWAYS

Posted on by Gambeta News

Why are they going back to their old railways after their agreement and ambitious plans for East Africa’s Standard Gauge Railway network. In August 2013 the Presidents of Kenya, Rwanda and Uganda signed a Tripartite Agreement; for the development and operation of a 1,500km-long joint Standard Gauge Rail (SGR) system; that will connect Mombasa (Kenya) – Kampala (Uganda) – Kigali (Rwanda). In May 2014, the Republic of South Sudan also joined this agreement; in other…

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CHINA SET TO CONSTRUCT TWO MAJOR WATER DAMS IN SIERRA LEONE

Posted on by Gambeta News
CHINA SET TO CONSTRUCT TWO MAJOR WATER DAMS IN SIERRA LEONE

Sierra Leone Signed Memorandum of Understanding (MOU) with Chinese Engineering Company to carry out two major Water Dams Project. The Sierra Leone minister of water resources, Dr Jonathan Bonopha Tengbe has sign a Memorandum of Understanding (MOU) with the Chinese engineering company- China Gezhouba Group Company Limited (CGGC) on Tuesday, 4 June, 2019. This MoU is for the construction of both Orugu and Congo Dams. It will also include a Water Treatment Plants project. The…

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AFRICA’S FINANCE MINISTERS MEET IN WASHINGTON DC

Posted on by Gambeta News
SPRING MEETINGS 2019

G-24 Finance Ministers and Central Bank Governors’ are currently Meeting in Washington DC. These leaders will be attending the World Bank/International Monetary Fund Spring Meetings. Most importantly, they will be deliberating on how to ensure economic growth benefits the many and not the few. Most African countries suffer from poor economic policies that fosters inequality, leading to inefficiency and stunted growth. These and many other challenges are the reason for the meetings, hence, we encourage…

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WHY IS KWIBUKA25 TRENDING IN RWANDA?

Posted on by Gambeta News

President Paul Kagame invite President of Congo, Niger and Ethiopia to witness KWIBUKA25. Kwibuka means “to remember” and describes the 25th Commemoration of the Genocide Against the Tutsi. This annual event reminds the nation of the dark past, while inviting them to unite for a more prosperous and peaceful future. The Rwandan genocide was a very difficult time in history, dating back to 1994. Despite the effect of civil war, the people of Rwanda are…

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AFRICAN LEADERS AT THE INVESTITURE FOR SENEGALESE PRESIDENT

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INVESTITURE FOR SENEGALESE PRESIDENT

African leaders join President Macky Sall of Senegal as He takes his oat for a second term in Dakar. Following a successful re-election in March, President Macky has spared no expense in inviting African leaders to witness His investiture. See pictures of African leaders at the investiture in Senegal. Here is a link to the live video on Facebook . 1.) President Roch Marc Christian Kaboré of Burkina Faso 2.) President Andry Rajoelina of Madagascar  3.) President Muhammadu…

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CONSTRUCTION OF DAR-MORO SGR IN TANZANIA REACHES 42%

Posted on by Gambeta News

Tanzania Dar-Moro standard gauge railway construction reaches 42% completion. The Construction of Tanzania’s biggest standard gauge railway (SGR) is 42% complete according to the government. The Dar-Moro SGR will help connect its main port of Dar es Salaam to its land-locked neighbours. These neighbours include, the Democratic Republic of Congo, Rwanda and Uganda. Tanzania Railways Corporation’s (TRC) Executive Director, Masanja Kadogosa said ”So far the construction progress is on the right track. He also said we…

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32ND AFRICAN UNION SUMMIT KICKS OFF IN ETHIOPIA

Posted on by Gambeta News

The 32ND African Union Summit for Heads of State and Government of all the 55 African countries is currently on-going in Addis Ababa, Ethiopia.  The theme for the 32nd African Union summit is; “The Year of Refugees, Returnees and Internally Displaced Persons: Towards Durable Solutions to Forced displacement in Africa”. During the opening ceremony, chairperson of the African Union Commission Mr. Moussa Faki Mahamat welcomed the assembly of leaders, specially welcoming the new leaders of…

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RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

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Rwanda signs deal to extract methane gas from Lake Kivu

Rwanda signs deal to extract methane gas from Lake Kivu The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but was announced yesterday (5 February 2019). At the signing ceremony, representing Rwandan government was; the Rwanda Mines, Petroleum and Gas Board (RMB) and the Rwanda Development…

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AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Posted on by Gambeta News

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia.   African Continental Free Trade Area (AfCFTA) is an initiative launched on March 21, 2018 by the assembly of the African Union. This launching was at the extraordinary Summit in Kigali, Rwanda. The…

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PHOTOS FROM THE HIGH-LEVEL MEETING HELD IN ADDIS ABABA

Posted on by Gambeta News

African Leaders met in Addis Ababa to participate in a High-Level Meeting of Heads of State and Government organised by the African Union on January 17, 2019.  The meeting focused on exploring the election situation in the Democratic Republic of Congo. You can read the outcome of the meeting in our previous post (read here). The communiqué of the High-Level consultative meeting of Heads of State and Government on the situation in the Democratic Republic of…

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African delegates attending Paris Peace Forum

Posted on by Gambeta News

The Paris Peace Forum is neither a summit nor a conference. It is a new annual event based on a simple idea: international cooperation is key to tackling global challenges and ensuring durable peace. To support collective action, it gathers all actors of global governance under one roof for three days. Through original formats of debates and the presentation of solutions, attending stakeholders will discuss and develop solutions for today’s transborder challenges. These are the projects originating from…

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AFRICAN ECONOMIES ARE NOT COMPETITIVE – WEF 2018 REPORT

Posted on by Gambeta News
WEF 2018 report ranks African economies as least competitive

African economies rank least competitive in World Economic Forum (WEF) 2018 report . World Economic Forum (WEF) 2018 report says various African Economies have remained uncompetitive. The reason its says is especially due to weak institutions and inadequate public policies. In the WEF 2018 report; US Economy topped the world ranking while African economies ranked among the least in the list. According to the reports no country can be fully competitive as the world average…

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ANGOLA GOVERNMENT SET TO RECONSTRUCT NATIONAL ROADS

Posted on by Gambeta News
Angola

President João Lourenço announce plans to reconstruct national highways in Angola. Angola government has declare plans to reconstruct all national road in the country. This road project will help in recovering the national road network, especially on national highways. The statement was declare during the opening of the new Parliamentary Year by President João Lourenço. Meanwhile during his statement, he said that the government is making it a top priority for all the reconstruction of the national highways….

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ZIMBABWE RECEIVED FUNDS FROM JAPAN FOR ROAD PROJECT

Posted on by Gambeta News

Japan grants US$21 million to zimbabwe for road project which will help boost the nation economic. Japan has given the sum of US$21 million to Zimbabwe which will aid in improving road projects. The grant will also be use to steep gradients on the Makuti-Chirundu section of the North-South Corridor. The grant which are non-reimbursable funds will be use to acquire product and service. This product and service will help the economic and social development. It will also…

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SECURITY TIGHT LAB IN GABON FACILITATED FOR EBOLA STUDIES.

Posted on by Gambeta News

The well secured lab in Gabon will study Ebola and other dangerous viruses. The lab is in Gabon, one isolated building behind an electrified fence, under round-the-clock security video cameras. The locked-down P4 lab will  handle the world’s most dangerous viruses, including Ebola. Only four people, three researchers and a technician, have access to go inside the P4. The lab is one of the only two in all of Africa that can handle deadly Ebola,…

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CIMAF SET TO CONSTRUCT CEMENT PLANT IN IVORY COAST

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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…

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