SIERRA LEONE FM SAYS INFRASTRUCTURE KEY FOR AFRICA’s FREE TRADE

Posted on 20 February 2023 by Gambeta News

Physical infrastructure has remained a major bottleneck in accelerating the implementation of the African free trade opportunities, Sierra Leone Foreign Minister Professor David Francis said. Speaking to ENA, the minister commended Ethiopia for its endeavors on physical integration to integrate the African continent via Ethiopian Airlines. Noting that infrastructural development is vital to accelerate the African free trade area, the minister noted that Ethiopia has come a long way to build physical infrastructure that would…

WORLD BANK APPROVED US$124MILLION FUNDS FOR GROUNDWATER DEVELOPMENT IN KENYA

Posted on 6 February 2023 by Gambeta News

The World Bank is providing a loan of 15.5 billion Kenyan shillings (over $124 million) to Kenya. The funding is for the implementation of the Horn of Africa Regional Groundwater for Resilience Programme, launched on 1 February 2023 in the capital Nairobi. The World Bank funding was announced on 1 February 2023 by Alice Wahome, the Cabinet Secretary (CS) for Water, Sanitation and Irrigation in Kenya. The 15.5 billion Kenyan shillings (over $124 million) loan…

HOW SOMALILAND OIL FINDING COULD RESET REGIONAL BALANCE

Posted on 30 January 2023 by Gambeta News

The presence of oil in Somaliland has been confirmed by a recent exploration. The discovery has raised the stakes in Somaliland’s claim for independence from Somalia as it holds the potential for a new stream of revenue for the semi-autonomous state. But the oil exploration is deepening the rift with Somalia, which claims sovereignty over the region. Michael Walls answers five key questions. What is Somaliland’s hydrocarbon potential? In 2020, Norwegian seismic survey company, TGS, estimated that the…

RWANDA AVIATION: HOW MAJOR DEVELOPMENT SHAPED THE INDUSTRY

Posted on 2 January 2023 by Gambeta News

From the Covid-19 pandemic to the recovery strategies, it has been another bumpy year for the global aviation industry. For many countries, Rwanda inclusive, the busy holiday season was beset by flight delays and cancellations, largely attributed to the resurrecting-air traffic. Still, as the country ushers in a new year, there was cause for celebration in the local aviation industry for the past year which could be capitalized on to return to profitability in 2023….

SOMALIA REJECT OIL PERMISSION CLAIM FROM SOMALILAND

Posted on 30 December 2022 by Gambeta News

Somalia rejected on Wednesday what it called an “illegal claim” by Genel Energy (GENL.L) to oil exploration and exploitation rights in the country’s northern breakaway region of Somaliland, the country’s oil ministry said. Somaliland claimed independence from Somalia in 1991 and has been largely peaceful while the rest of the country has grappled with three decades of civil war, but its leadership has failed to gain widespread international recognition. In a statement, Somalia’s oil ministry said it…

EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

Posted on 29 December 2022 by Gambeta News

Electric power has been restored in 80 cities and towns in northern Ethiopia after restoration works to infrastructures damaged during the recent conflict, says the Utility firm. The state-run Ethiopian Electric Utility (EEU) says the restoration works on infrastructures enabled to resume of electric services in 80 cities and towns in Amhara, Afar, and Tigray regions. “Efforts to reconnect the remaining 27 cities and towns to the electric grid is ongoing,” the state-run Utility firm…

150 LOCAL AND INTERNATIONAL CONSTRUCTION BRANDS TO CONVENE AT THE BIG 5 CONSTRUCT KENYA NEXT MONTH

Posted on 2 November 2022 by Gambeta News

Confirmed exhibitors hail from 17 countries worldwide, including official pavilions from Italy, Egypt, Germany, United Arab Emirates and Turkiye Italy serves as the ‘Country of Honour’, representing 62 companies in the building materials, machinery, and technology sectors Aalberts integrated piping systems, headquartered in Dubai, is the event’s Gold Sponsor – formerly known as Pegler Yorkshire Nairobi, 31 October 2022: All international industry eyes are fixed on Kenya’s leading building and construction trade show The…

KENYA PORT AUTHORITY TO BOOST TRADE WITH MODERN INFRASTRUCTURE PLANS

Posted on 24 October 2022 by Gambeta News

The Japanese International Cooperation Agency (JICA) has pledged to continue supporting the Kenya Ports Authority (KPA) in upgrading port infrastructure to accelerate the growth of the East African regional economies. JICA has been a close partner of KPA, having funded the construction of the Sh32 billion second container terminals at the Port of Mombasa. The Mombasa Port’s second container terminal, which is set on 100 acres at Kilindini Harbour, is projected to ease congestion at…

IS AFRICA’s RAILWAY PROJECT RUNNING LATE?

Posted on 3 October 2022 by Gambeta News

The African Union plans to build a huge, modern rail network to connect capitals across the continent by 2033. But the ambitious project needs financing, a lot of work, and much political goodwill. The “Al Boraq,” Africa’s first express train, whizzes through Morocco’s coastal landscape at the lightning speed of 320 kilometers (199 miles) per hour. Named after the magical steed on which the Prophet Muhammad is said to have ridden from Mecca to Jerusalem,…

SOUTH SUDAN ACQUIRE LANDS AT PORT OF DJIBOUTI TO CONSTRUCT NEW FACILITY

Posted on 21 September 2022 by Gambeta News

South Sudan has acquired three acres of land at the port of Djibouti for the construction of a facility to handle the import and exportation of goods initially channeled through Mombasa port in Kenya. The Vice President and Chairperson for Infrastructure Development Cluster, Taban Deng Gai said he was directed to travel with officials from relevant ministries and departments for talks with authorities in Ethiopia and Djibouti. He said South Sudan intends to construct a…

RWANDA MINSTER TO TOUR REFURBISHED HUYE STADIUM

Posted on 1 September 2022 by Gambeta News

The Minister of Sports Aurore Mimosa Munyangaju will tour the newly refurbished Huye Stadium ahead of Saturday’s 2023 African Nations Championship return leg qualifier between Rwanda and Ethiopia in Huye District, Southern Province. The 10 000-seat facilities have been under renovation since late April prompting Mukura Victory Sports to play the remainder of their 2021/22 league campaign at Kamena Stadium. The stadium needed a facelift to meet international standards and is the only venue so far…

THE IMPLICATION OF KENYA’s CAPITAL CITY ROAD DEVELOPMENT

Posted on 17 August 2022 by Gambeta News

Some years back, the Government of Kenya explored the possibility of making the 473km Mombasa-Nairobi road a dual-carriage highway. The plan hit a roadblock because it would have required buying land for expansion at massive prices and compensating the owners of high-value buildings adjacent to Mombasa Road, on both sides. And so, it appeared as though this portion of the critical Northern Corridor would remain the way it had been, for lack of expansion space….

US AND EGYPT DISCUSSED REGIONAL STABILITY ON GERD DAM

Posted on 18 July 2022 by Gambeta News

Following a meeting over the weekend between President Joe Biden and his Egyptian counterpart Abdel Fattah Al Sisi in Jeddah in Jeddah, Saudi Arabia, the two leaders issued a joint statement in which the U.S. and Egypt discussed, among others, promoting “regional stability.” One of the issues the two leaders discussed is the issue of Ethiopia’s Grand Ethiopian Renaissance Dam (GERD). “President Biden reiterated U.S. support for Egypt’s water security and forging a diplomatic resolution that would…

RWANDA PRESIDENT LAY FOUNDATION FOR CONSTRUCTION OF KIGALI FINANCIAL SQUARE TOWERS

Posted on 22 June 2022 by Gambeta News

President Paul Kagame on Tuesday, June 21 inaugurated the construction of the proposed Kigali Financial Square, a business complex set to serve as a regional hub for financial services. Located in the Commercial Business District, the proposed US$100-million twin towers, owned by Equity Holding Group Plc, are set to be completed in two years. The construction project was approved by the cabinet in November 2020. The property will be developed by Equity Holding (EH) Venture…

HOW UNSAFE ROADS ARE DRIVING ZIMBABWE ECONOMY AROUND

Posted on 6 April 2022 by Gambeta News

Zimbabwe’s roads are not famous for their aesthetics, nor quality and least of all, their safety. Last year more than 2000 people died on the country’s roads, and scores of others were injured. About five people on average die every day in road crashes in Zimbabwe, according to a review report on the country’s road safety launched in January 2022. However, the World Health Organisation reckons the realistic figure is three times more. The discrepancy…

GERD CONSTRUCTION REACHED 84% COMPLETION

Posted on 21 February 2022 by Gambeta News

The construction of one of Africa most popular and talked about dam construction the Grand Ethiopian Renaissance Dam (GERD) has passed 84% according to GERD Manager Kifle Horo. During the announcement, GERD Manager Kifle Horo said the success in generating power today after passing lots of challenges shows the invincibility of Ethiopia. According to him, the pace of the construction of the dam that has been slow since 2011 was re-invigorated after the new prime…

WHY AFRICA CANNOT OUTSOURCE IT’s HEALTHCARE SECURITY

Posted on 7 February 2022 by Gambeta News

African Development Bank Group President Dr Akinwumi Adesina has said that the most important lesson of the Covid-19 pandemic for Africa is the need to build a defense mechanism against external shocks, especially in healthcare and financial security. “Investing in health is investing in national security,” Adesina told African leaders on Saturday, at the opening of the 35th African Union Assembly in the Ethiopian capital. “Africa cannot afford to outsource the healthcare security of its…

WHY ZIMBABWE ROAD THE DEADLIST IN AFRICA

Posted on 27 January 2022 by Gambeta News

Zimbabwe roads has been viewed as the deadlist in Africa according to a Road Safety Performance Review report. The report was made in partnership with the Executive Secretary of the United Nations Economic Commission for Africa (ECA), Vera Songwe. According to Songwe, the cost of road crashes is heavy on the African economies, especially at this time when the continent is struggling to relaunch its economy amidst the effects of the Covid-19 pandemic crisis. The…

EGYPT HOPING TO REACH GERD DAM AGREEMENT

Posted on 18 January 2022 by Gambeta News

The Grand Ethiopian Renaissance Dam (GERD) project is still having issues with all three parties involved (Sudan, Egypt and Ethiopia) still yet to come to a conclusion on way to settle their dilemma. However, in a interview with the BBC, Egypt Prime Minister Mostafa Madbouli has reaffirmed that Cairo is keen to reach a legally binding agreement on the filling and operation of the Grand Ethiopian Renaissance Dam (GERD). He noted that the three countries…

HOW KENYA PORT EXPANSION MAY ENCOUNTER CRIME & TERRORISM

Posted on 13 January 2022 by Gambeta News

The propose multi-billion dollar development project which is worth US$3.6 billion which will transform the country sea, lake and dry ports over the next 30 years maybe encounter organised crime and terrorism in the future. The project which is one of the seven mega infrastructure development schemes under the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) is aimed at transforming the country into a middle-income economy. THE FUTURE CRIME AND TERROR LOOMING In 2019, Kenya banned trade with…

« 1 … 5 6 7 8 9 … 12 »