UNLEASHING AFRICA’S ENGINEERING POTENTIAL: CHARTING A COURSE FOR INCLUSIVE GROWTH AND PROSPERITY

Posted on 22 September 202322 September 2023 by Gambeta News

By Kazawadi Papias Dedeki (Pr. Eng, ACIArb, MIPM, CIPM, Accredited Mediator, Arbitrator and Certified Circular Economy Expert) – President of the Federation of African Engineering Organizations (FAEO) and Chairman of WFEO Committee on Anti-Corruption Africa’s engineering capacity for economic development varies across nations, with countries like South Africa and Nigeria making notable progress. However, challenges such as the skills gaps, inadequate infrastructure, and political instability persist. The sufficiency of engineering capacity in Africa to drive economic…

LIBERIA PRESIDENT SWITCH ELECTRICAL POWER PLANT IN PALALA

Posted on 15 September 2023 by Gambeta News

President George Weah has switched on an electrical power plant in Palala, Bong County, expanding the reach of electricity access to poor households in that township and its surrounding communities. The initiative, sponsored by the African Development Bank, aims to expand electricity access to more homes outside of Montserrado County. Bong County, the nation’s third-largest populated county, currently struggles with access to electricity. “The electrification of rural and urban homes is part of his government’s…

THWAKE DAM PROJECT COMPLETION DATE MOVED BY KENYA GOVT.

Posted on 1 September 2023 by Gambeta News

The Thwake Dam’s completion date has been moved by the government of Kenya as it has once again for the third time pushed back the date of completion of the Sh82 billion construction project which is yet to be completed on the border of Kitui County and Makueni County. This has been brought about by the controversy that seems to be surrounding the contractor of the project, China Gezhouba Group Company Limited, right after a…

MOZAMBIQUE PRESIDENT INAUGURATE NEW PAVED ROAD PROJECT LINKING TANZANIA

Posted on 11 August 2023 by Gambeta News

President Filipe Nyusi has inaugurated a road in Mueda district, in the northern province of Cabo Delgado, which provides easier access to the border with Tanzania. The 70-kilometre paved road runs from Moma to Negomano. It ends at the Unity Bridge over the Rovuma River, which forms the boundary between Mozambique and Tanzania. The first stone for the new road was laid in October 2018. It was budgeted at two billion meticais (US$31.3 million), and…

CONSTRUCTION OF 444KM COASTAL HIGHWAY PROJECT BEGINS IN LIBERIA

Posted on 13 July 2023 by Gambeta News

The government of Liberia and the African Development Bank (AfDB) have finalized discussions to kick-start the construction of the 444km long coastal highway before 2023. The joint initiative aims to drive economic growth and development, particularly in the Southeastern region of Liberia. On Tuesday, July 11, 2023, an AfDB delegation comprising Mr. Rufus Darkortey, Executive Director of the Bank, Dr. Benedict Kanu, Country Manager of the Bank in Liberia, and Jean-Noel Ilboudo, held a meeting…

KENYA GOVT. BREAKS GROUND FOR CONSTRUCTION OF MENENGAI THERMAL POWER PLANT

Posted on 10 June 2023 by Gambeta News

The government broke ground on the construction of a 35-megawatt (MW) Menengai Geothermal Power Plant in Nakuru County as it seeks to grow clean energy sources. The project was officially opened by Deputy President Rigathi Gachagua today. President William Ruto’s administration is betting on geothermal power sources to transition the country to a 100 percent transition to green energy amid climate change. “This will contribute to lowering the cost of energy and accelerate Manufacturing, Digital…

WHAT HAPPENED AT EGYPT 8TH BUILDERS FORUM

Posted on 29 May 2023 by Gambeta News

Egypt’s Prime Minister Dr. Mostafa Madbouly inaugurated, on Sunday morning 28-5-2023, the eighth edition of Builders of Egypt Forum, “the largest event in the construction and building sector”, under the theme “Egypt’s Propitious Momentum towards Construction Sector Exportation Regionally”, with the participation of Arab and African delegations in collaboration with the Saudi Contractors Authority. This edition is co-organized by The African Federation of Construction Contractors Associations “AFCCA”, With the participation of The Saudi Contractors Authority…

ABIJAN-LAGOS CORRIDOR HIGHWAY PROJECT MAKING GROUNDS

Posted on 26 May 2023 by Gambeta News

The Vice President, Dr. Alhaji Mahamudu Bawumia, has reiterated the government’s commitment to ensuring the successful implementation of the Abidjan-Lagos Corridor Highway Project. According to him, the project was on the priority list of the government and it was keenly looking forward to the commencement of the project. The Vice President said this in a speech read on his behalf by the Senior Minister and Presidential Advisor, Mr. Yaw Osafo Maafo, at the 19th Steering…

AFDB APPROVED US$345M FOR EGYPT GREEN AND SOCIAL PROJECTS

Posted on 22 May 2023 by Gambeta News

The African Development Bank Group approved a partial credit guarantee of $345 million to Egypt to finance green and social projects. This partial credit guarantee will allow Egypt to raise the equivalent of $500 million in the Chinese Yuan-denominated Panda Bond market, issued by foreign borrowers. Bond proceeds will be used for clean transportation, renewable energy, energy efficiency, sustainable water and wastewater management, MSMEs financing, and essential health services initiatives, among others. These sectors are…

GERMAN-BASED TECH COMPANY INTRODUCE NEW ROAD TECHNOLOGIES IN LIBERIA

Posted on 25 April 2023 by Gambeta News

As the Country grapples with the construction and the rehabilitation of deplorable road infrastructure in most parts of Liberia, especially during the Rainy season which negatively impacts the movement of goods and services as well as citizens, the government of His Excellency, President George Manneh Weah continues to source funding from its International Donor Partners including the World Bank Group and the African Development Bank as well as other Friendly bilateral and multilateral institutions to…

CONSTRUCTION OF NEW EAC BUILDING GATHERING PACE IN TANZANIA

Posted on 28 March 2023 by Gambeta News

The Secretariat of the East African Community (EAC) is set to pick technical persons from the partner states to oversee the groundbreaking of its proposed multi-billion headquarters. EAC Secretary General, Dr. Peter Mathuki disclosed that he was intending to write to seven partner states to hire the services of technical personnel. “The ball is now on our court, we need to start the work right away,” said Dr Mathuki while touring the 125 acres of land…

AFDB APPROVED US$3.9M FOR LIBERIA INFRASTRUCTURE PROJECT

Posted on 24 March 2023 by Gambeta News

The African Development Fund’s Board of Directors has approved a US$3.9 million grant to finance an upgrade of Liberia’s payments infrastructure and systems project. The approval of the grant from the Bank’s concessional lending window was made on 17 March. The project’s primary objective is to strengthen the payments ecosystem in Liberia for increased efficiency and to foster growth and innovation. It targets automated cheque processing and automated clearing house (ACP/ACH) and real-time gross settlement…

AFDB APPROVED US$161M LOAN FOR TANZANIA KAKONO HYDROPOWER PROJECT

Posted on 18 March 2023 by Gambeta News

Tanzania government has signed a loan agreement of 161.47 million US dollars (about 374.9bn/-) with the African Development Bank (AfDB), to implement Kakono Hydropower Project (Kakono HPP). The approximate cost of execution of the Kakono HPP is 325 million US dollars (about 750bn/-). Speaking during the signing ceremony in Dar es Salaam, Minister for Finance and Planning, Dr Mwigulu Nchemba said the overall development objective of Kakono HPP is to increase on-grid energy production from…

MOZAMBIQUE TO JOIN AFRICA50 TO HAVE ACCESS OF INFRASTRUCTURAL FUNDING

Posted on 15 March 2023 by Gambeta News

Mozambique is in the process of joining the Africa50 platform, to facilitate access to funding for infrastructure projects. Headquartered in Casablanca, Morocco, the Africa50 platform was established by the African Development Bank and African states with the aim of supporting and facilitating the development of infrastructure projects on the continent, by mobilizing public and private sector funding. The desire to join this financing mechanism was expressed in the Maputo daily “Notícias’ by a source in…

HOW STRUCTURAL CHALLENGES IS AFFECTING MALAWI DIGITALIZATION

Posted on 15 March 2023 by Gambeta News

Minister of Gender, Community Development, and Social Welfare, Jean Muonaowauza Sendeza, has disclosed that structural challenges continue to hamper digitalization in Malawi. Sendeza highlighted access to electricity, internet connectivity, poor or weak telecommunications infrastructure, low access to gadgets or high cost of electronic gadgets, and the limited ability of individuals to use digital solutions as some of the challenges hindering the digitalization drive. The minister made the remarks in New York in the United States…

LIBERIA WORKS MINISTER ANNOUNCED PROGRESS ON RIA TO ELWA JUNCTION ROAD PROJECT

Posted on 6 March 2023 by Gambeta News

As the deadline for the completion of the Roberts International Airport (RIA) to ELWA Junction Road project draws nearer, Liberia’s Public Works Minister Madam Ruth Coker Collins has disclosed that significant progress has been made and the pavement of the road will commence before the start of this year rainy season. Minister Collins said though there were challenges and public outcry relative to the manner and form in which the project commenced, modalities have been…

AFDB ANNOUNCED APPROVAL TO STRENGTHEN MOROCCO WATER RESOURCES

Posted on 14 February 2023 by Gambeta News

The African Development Bank (AfDB) announced the approval of a €201,000 grant to help and support technical assistance for the design of dams, river development as well as inter-basin interconnection studies in Morocco. The grant from the bank’s Technical Assistance Fund for Middle-Income Countries was approved in December 2022, the bank said in a statement. The project seeks to benefit the “entire Moroccan population, ” the bank said, stressing that the first component covers the provision…

HOW EGYPT SUCCED TO IMPLEMENT STRATEGIC PLAN ON TRANSPORT SECTOR

Posted on 3 February 2023 by Gambeta News

Minister of Transport Kamel El Wazir asserted that Egypt’s success in implementing strategic projects and its great achievements in the various transport sectors over the past phase amounted to EGP 2 trillions from June, 2014, till June 2024, in addition to establishing the new Suez Canal to allow ships’ transit in both ways and decrease the passage time to 11 hours only. Addressing the 2nd Dakar Financing Summit for Africa’s Infrastructure Development (DFS-2) on Thursday…

HOW INADEQUATE INFRASTRUCTURE IS SERIOUSLY AFFECTING AFRICA’s GROWTH

Posted on 1 February 2023 by Gambeta News

Inadequate infrastructure has long been identified as one of the biggest brakes on sustainable and inclusive economic growth in Africa. More comprehensive power, water, transport, and IT networks are needed to make the continent more competitive in the global economy and maximize the potential of the emerging African Continental Free Trade Association (AfCFTA). Pan-African cooperation is needed to achieve this infrastructural transformation and it is with this in mind that the second Dakar Financing Summit…

HOW ENTEBBE AIRPORT EXPOSURE IS HELPING UGANDA

Posted on 16 January 2023 by Gambeta News

Uganda’s engagement with China has often seen officials from Kampala troops to Beijing for loans, resulting in a rising debt situation with the Asian giant over the last decade. Ugandan projects whose funding has been negotiated with the Exim Bank include $2.2 billion for the SGR, $1.44 billion for the 600MW Karuma hydroelectric dam, $482 million for 183MW Isimba power dam, $350 million for the 51km Kampala-Entebbe Expressway and $200 million for Entebbe International Airport…

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