Search Results for: rwanda

Rwf1.2 BILLION TAXI PARK TO BE CONSTRUCTED IN RWANDA

Posted on by Gambeta News

Constructing of taxi park to cost Rwf1.2 billion after series of  complain from businessmen and owner of the area to fast-track its construction in rwanda. The construction of the taxi park will take place in Rwanda. The construction of the first phase will contain the lockup, waiting area, washing bay, toilet and the park. These phase will be complete in april of this year. Director of one stop centre, Theogene Gahunzire said ”the construction activities will be…

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RWANDA RELEASES 50 NEW LICENSES TO MINER

Posted on by Gambeta News
Rwanda gold mine

 Rwanda issues 50 new licenses to boost the investment in the mining sector 50 new licenses was released to miner of gold, tin and tantalum in Rwanda to enhance investment in East Africa. US$2 billion is expected to be invested this year while US$1.67 billion was invested last year. The agency plans to advertise the new permits very soon. It’s also seeking $200 million for a new innovation centre in the city known as Kivu Belt…

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AFRICAN TECH SUMMIT TO SHOWCASE RWANDA

Posted on by Gambeta News

Africa Tech Summit 2018 to hold at Kigali, Rwanda Rwanda will play host to the Africa Tech Summit 2018 with the Ministry for ICT supporting the event. The vision is to bring together great companies across the continent, and furthermore connect the various investors and entrepreneur to different international ventures which focused on business and investment in Africa. This event will connect over 250+ key stakeholders from across the continent. It will provide an unrivaled insight…

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JAPAN TO BUILD DORMITORY FOR RUHANGO SCHOOL IN RWANDA

Posted on by Gambeta News

Japan release grant for construction of a dormitory in ruhango to help the communities. The dormitory is for a catholic vocational training school based in Ruhango.  The cost of the dormitory is worth Rwf68m and will accommodate up to 400 students. The project will support the school with over 300 students whom are orphans by paying tuition and accommodation fees. Japanese envoy to Rwanda, Takayuki Miyashita; “The new dormitory is expected to provide proper accommodation to the students,” According to…

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ADFD APPROVES FUNDS FOR SOLAR PVC PROJECTS IN RWANDA AND MAURITIUS

Posted on by Gambeta News

ADFD approve US $25m to both Africa nations for solar pvc project that will improve their energy system. Abu Dhabi fund for development (ADFD) has approve loans of  US $10m to Mauritius and US $15m to Rwanda for the construction of a solar project in both nation. The both project is expected to improve the nations energy system. The project in Mauritius will help the Central Electricity Board install solar PV systems on rooftops of 10,000 households which is part of the government’s…

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STANDARD GAUGE RAILWAY CONSTRUCTION AGREED BY TANZANIA AND RWANDA

Posted on by Gambeta News

Tanzania and Rwanda to combined in the construction of a railway that will cost between US$800 to $900 million when completed. The construction of the project which is expected to start from Isaka (northwestern Tanzania) to Kigali in Rwanda was put into motion after Rwandan President Paul Kagame toured Tanzania yesterday in a one day official visit. During the tour, President of Tanzania john Magufuli said both infrastructure ministers of the two countries will meet next week…

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KENYA TO DEEPEN TRADE TIES WITH NAMIBIA, RWANDA AND ZAMBIA

Posted on by Gambeta News

Newly elected Kenyan President, Uhuru Kenyatta seeking to strengthen trade ties with Namibia, Rwanda and Zambia. Speaking after his official inauguration on Tuesday, November 28th, 2017, Kenyan President, Uhuru Kenyatta who held  bilateral talks with Presidents of Namibia, Rwanda and Zambia, said he plans to boost inter-regional relations with the three States. Kenya have already existing trade ties with Tanzania and Uganda, as they are major export destinations for the East African nation. Although being a power house in the tea export…

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RWANDA GETS US $60M FOR WATER PROJECT FROM EAIF

Posted on by Gambeta News

Rwanda government secure funds for the construction of a water treatment plant in the state capital. The construction of  the water treatment plant in Rwanda is been financed by The Emerging Africa Infrastructure Fund (EAIF) and it is expected to be the first Bulk Surface Water Supply in sub-Saharan Africa using a public/private partnership (PPP) model. The project is inline with Rwanda aim to see 100% of its 12.4m people having reliable access to clean…

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WEST POKOT CEMENT PLANT SET TO BE INAUGURATED IN KENYA

Posted on by Gambeta News

Simba Cement, part of businessman Narendra Raval’s business domain, is poised to inaugurate its West Pokot facility later this month, injecting an additional 2.5 million tonnes of clinker, a crucial raw material in cement production, into the nation. Immediate commencement of production is on the horizon, intensifying competition within the cement sector and placing additional constraints on the industry’s pricing flexibility. According to Mr Raval, the completion of the plant is imminent, with an official…

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EGYPT GOVT. TO BUILD LOGISTICS CORRIDOR IN TANZANIA

Posted on by Gambeta News

Minister of Transportation Kamel Al-Wazir inspected the Kigali Dry Port in Rwanda, one of Egypt’s projects in African countries. The inspection was carried out by Minister of Transportation Kamel Al-Wazir and accompanied by Ambassador Nermin Al-Zawahiri, Egypt’s Ambassador to Rwanda. Covering an area of 50,000 square meters with an annual capacity of 50,000 equivalent container units, the port is considered the main dry port in Rwanda, a landlocked African country. This visit aligns with the…

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SPEAKER LINE-UP UNVEILED FOR THE AFRICA VALUATION CONFERENCE 2024

Posted on by Gambeta News

5 February 2024, Johannesburg. Preparations are well underway for the Africa Valuation Conference 2024, with industry experts lined-up for the most comprehensive mega-gathering of valuation professionals on the African continent. Taking place from 16th to 18th April at the Sandton Convention Centre, the international event aims to elevate the valuation profession to experience a bold new future, with attendees expected to interact with presentations on property valuation practices and standards from experts and leading speakers…

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KIGALI TO MUHANGA ROAD EXPANSION SET TO KICK-OFF AFTER FUNDS WHERE SECURED

Posted on by Gambeta News

The road from Kigali to Muhanga is set to be expanded after the lower chamber of parliament passed a law ratifying a $120 million (approx. Rwf150 billion) loan agreement to that end, on November 13. It was signed between the Government of Rwanda and the Export-Import Bank of Korea (commonly known as the Korea Eximbank) — the financier — on September 13, 2023, in Busan, South Korea. The Minister of Finance and Economic Planning, Uzziel…

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HIGH-PERFORMANCE POWER PRODUCTS KEEP SOUTH AFRICA’S WHEELS TURNING

Posted on by Gambeta News

South Africa’s crippling electricity problems, which leave the country without power for many hours a day, are causing grave difficulties for businesses and households. “The inability of the country’s primary electricity supplier to meet demand, has called for the private sector to step up and provide solutions that help keep businesses, educational facilities, hospitals, farms and homes running, even in the event of power outages and load shedding,” says Ryan Robertson, Vert Energy’s Sales and…

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HOW DAR ES SALAAM PORT INEFFICIENCES ARE DERAILING TANZANIA’S ECONOMY

Posted on by Gambeta News

The inefficiencies at the Dar es Salaam Port have been derailing its march towards becoming the regional powerhouse that could have contributed substantially to Tanzania’s economic growth. 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. Despite continued efforts to improve the port, there is still a long way to go…

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HUYE STADIUM FACELIFT ON HALT DUE TO STALLED RENOVATION WORK

Posted on by Gambeta News

The Huye Stadium facelift is in jeopardy owing to the stalled renovation works. The 10,000-seat facility, more than four times its initial capacity, was expected to be completed in October last year, but all civil works have been stopped despite the progress being at slightly over 70 per cent. The halt, according to information shared by local media followed a decision by the Ministry of Justice to reject the request for legal opinion for the…

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KENYA PIPELINE COMPLETE TAKEOVER OF KPRL FACILITY

Posted on by Gambeta News

Kenya government has concluded the transfer of the Kenya Petroleum Refineries Limited (KPRL) to Kenya Pipeline Company (KPC), Energy and Petroleum Cabinet Secretary Davis Chirchir has announced. Chirchir said the takeover will help improve the utilization of the assets of KPRL, which closed down its Changamwe refinery in 2014 after it became uneconomical to run the operations at the facility. The Energy CS who spoke in Mombasa on Wednesday explained the KPRL facility became unprofitable…

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

Posted on 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…

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TANZANIA & DUBAI COOPERATION TO TRIPLE DAR ES SALAAM PORT OPERATION

Posted on by Gambeta News

Tanzania Government on Saturday reiterated the benefits that Tanzanians will get from its partnership with Dubai in the operation of the Port of Dar es Salaam. The benefits include improvements in the efficiency of operations among others at the Port of Dar es Salaam that will lead to an increase in its annual revenue collection from 7.7tri/- to 26tri/-. Addressing members of the press on Saturday, Government Chief Spokesperson Gerson Msigwa said the decision to…

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UGANDA GOVT. ANNOUNCED PLANS TO KICK-START CONSTRUCTION OF SGR

Posted on by Gambeta News

The Ministry of Finance Permanent Secretary, Ramathan Ggoobi has said the government is ready to hit the ground running with the construction of the Standard Gauge Railway. “We are beginning the construction of the Standard Gauge Railwa(SGR).The talk( about SGR) has been on for a long time. We have studied and over studied and now we want to hit the ground running in the next financial year,” Ggoobi said. The Ministry of Finance Permanent Secretary…

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TANZANIA SGR PROJECT MAKING GOOD PROGRESS

Posted on by Gambeta News

Recently media reports indicated that the Ugandan SGR project officers who visited their counterparts in Tanzania in April 20023 were stunned by the rapid progress that the Tanzania SGR had achieved. It was reported that 98.8% of the works on the initial phase of the Tanzania SGR project from Dar-er Salaam to Morogoro of 300km had been completed. It was also reported that the works on the second, third, and fourth phases of the project…

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