LARGEST CONSTRUCTION EVENT IN NIGERIA

Posted on 11 September 2019 by Gambeta News

The City of Lagos hosts the largest construction event in Nigeria The Big 5 Construct Nigeria 2019 is the event to grow your construction business in Nigeria. The Three-Day Exhibition and Certified Workshop has over 150+ exhibitors who are interested in Africa’s giant economy. Companies from across the globe are currently in Nigeria to showcase their brands. Among the exhibitors are luxury door manufactures from Thailand, Quality stone manufacturers from Italy, and many other product…

CERAMICA WEST AFRICA EXPO 2019 IS NOW HERE!!!

Posted on 31 May 2019 by Gambeta News

Elan Expo introduces Ceramica West Africa Expo 2019 Ceramica West Africa 2019: International Ceramic, Bathroom & Kitchen Exhibition is organized by Elan Expo and will take place on 27-29 June 2019 at Landmark Centre at Lagos, Nigeria. At the beginning of the story, Nigeria Build Expo specialized its adventure with construction and building hall. During the four years experience of Nigeria Build Expo; ceramic companies have participated in the Construction & Building hall, this year due…

NIGERIA BUILDEXPO 2019 IS AROUND THE CORNER!!!

Posted on 31 May 201931 May 2019 by Gambeta News

Elan Expo is ready for the 4th Edition of “NIGERIA BUILDEXPO”!!! With the efficient four years of experience in Nigeria; Elan Expo is ready for the 2019 edition of the Nigeria Build Expo. Elan Expo will host many international companies at the 4th edition; some of them are Grupo Miro, Hilal Aluminium, Kumtel, Ibero Systems, Enarco S.A., Bekotaş Paint, Chanson Mold, Edimex, Schaefer GMBH; Maxmech, SFH from Turkey, Australia, Poland, China, Mexico, Spain, Egypt, Germany,…

PRESIDENT SISI PLAN EXPANSION OF ENERGY SECTOR

Posted on 21 May 2019 by Gambeta News

President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum. During the meet, President Fattah el-Sisi said ”He will ensure the full cooperation with Noble Energy. This will help strengthen research, discovery and production of natural gas effort in Egypt.” Al…

EMIRATES AIRLINE TO GROW OPERATIONS IN AFRICA

Posted on 14 May 2019 by Gambeta News

EMIRATES AIRLINE MAKES DEAL TO GROW OPERATIONS IN AFRICA

Emirates Airline plans operation in some african countries after experiencing revenue increase. Plans are in motion by Emirates Airline to increase its frequencies to some destinations in Africa. This plans include some Africa countries like Morocco, Ghana, Senegal, Egypt and South Africa. The aim is to make Emirates grow their brand in the Africa market. Senior Vice President of commercial operations in Africa for Emirate, Orhan Abbas said Africa country is one of the strong…

INVESTORS TO INVEST IN CBE TREASURY-BILLS

Posted on 9 May 2019 by Gambeta News

Central bank of Egypt to offer T-bills for investors

Central bank of Egypt (CBE) to offer 23 investors treasury bills (T-bills). Over twenty-nine foreign and domestic investors has offer to invest in the Central bank of Egypt (CBE) treasury bills (T-bills). The T-bill which was issued out this week will allow bank to subscribe with a minimum of US$100,000. Central bank of Egypt offer the investor the deal on behalf of the ministry of finance. The interest rate on this bills is based on…

AFRICANS ON TIME’S MOST INFLUENTIAL LIST

Posted on 21 April 201921 April 2019 by Gambeta News

Time Magazine releases 100 most influential list for 2019 These Africans on Time’s most influential list 2019 are influencing the continent and the globe. Fred Swaniker is a Ghanian entrepreneur and leadership development expert whose is motivating young people in Africa to be great leaders through his various leadership initiatives. Abiy Ahmed, Ethiopia’s revolutionary prime minister who is driving so many positive reforms in the country. Importantly, He has ensure the active participation of women…

NIGERIA DIASPORA REMITTANCES REACHES US$24bn

Posted on 17 April 2019 by Gambeta News

Remittances of Nigerian Diasporas hit US$24 billion in 2018

Remittances from Nigerian Diasporas hits US$24 billion in 2018 Remittances from diasporas of Africa’s most populated country – Nigeria in 2018 reached US$24.3 billion. This is the highest figure across Sub-Saharan Africa and it is also US$2 billion higher than the inflows in 2017. World Bank’s latest Migration and Development Brief shows that; last year (2018) immigrants sent US$46 billion to their home countries in sub-Saharan Africa. This is in fact a 10 percent increase when comparing…

AFRICA’S FINANCE MINISTERS MEET IN WASHINGTON DC

Posted on 12 April 201913 April 2019 by Gambeta News

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…

NIGERIA GOVT BUILT BIGGEST SOLAR PLANT IN AFRICA

Posted on 4 April 20194 April 2019 by Gambeta News

The Biggest Solar Plant in Africa The Borno State Government which is in the Northern part of Nigeria, has unveiled Africa’s biggest Automated Solar plant. This solar plant has beat South Africa and Egyptian solar plants to becoming the biggest in Africa. The Automated Solar Panel manufacturing Plant will aim at setting the stage for the industrialization of Borno State. Jimtilo Village where solar plant is located is said to be fully automated and has…

AFRICAN COUNTRIES BANNING BOEING 737 MAX

Posted on 13 March 2019 by Gambeta News

Nigeria joins growing list of African countries that have ban the use of Boeing 737 Max 8 and 9. The aviation minister confirmed this news during a press briefing after the weekly Federal Executive Meeting held today at the state capital. So far, these are the list of countries that have ban the operation of the controversial Boeing 737 Max 8 and 9 in their airspace. Egypt Ethiopia Kenya Nambia Nigeria Morocco South Africa

TAJ CITY, A LUXURIOUS DEVELOPMENT GETS AMERICAN EXPERTISE

Posted on 9 March 2019 by Gambeta News

American construction consulting firm wins Taj City contract – a luxury development in Egypt Hill International, Inc. will project manage the construction of Taj City in Egypt. In fact, the luxury residential and commercial development will spread over 3.5 million sqm of land. Not only-but also, Taj City will be a self-sufficient community with luxurious residential units, commercial areas, retail stores, medical facilities and international academic offerings. The renowned Belgian architectural firm, DDS & Partners…

NIGERIA NOW LARGEST RICE PRODUCER IN AFRICA

Posted on 5 March 20195 March 2019 by Gambeta News

Nigeria overtakes Egypt as the largest rice producer in Africa The biggest economy in Africa is now also the largest rice producer in Africa. According to Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley, Nigeria has overtaken Egypt as the largest rice producer in Africa. Egypt which was producing 4.3 million tonnes of rice annually have now declined by almost 40 percent this year. Nigeria on the other hand now produces about 4 million tonnes…

INTERNATIONAL CONSTRUCTION COMPANIES EYE THE NIGERIAN MARKET AS THE BIG 5 LAUNCHES IN LAGOS

Posted on 26 February 201926 February 2019 by Gambeta News

Manufacturers from around the world share their plans in Nigeria as The Big 5 international construction show launches in Lagos (9-11 September 2019, Landmark Centre) Over 200 exhibiting companies and 5,000 attendees are expected at The Big 5 Construct Nigeria, as construction expenditure in the West African country reached USD 2.2 billion in 2018. With the government’s capital expenditure on construction reaching USD 2.2bn in 2018, Nigeria is the polestar of the international business community…

STERLING BANK SIGNS US$65 billion LOAN DEAL WITH BADEA

Posted on 21 February 2019 by Gambeta News

Sterling Bank and The Arab Bank for Economic Development in Africa (BADEA) signs US$65 billion deal Nigerian Bank, Sterling Bank have signed a deal to receive a US$65 billion loan facility from The Arab Bank for Economic Development in Africa (BADEA). According to Sterling Bank’s Executive Director, Corporate & Investment Banking Mr. Yemi Odubiyi, the US$65 billion loan will come in two batches, US$15bn and US$50bn. Firstly, the US$15bn will be for financing private sector projects through on-lending to customers; while…

THE TOP 5 LONGEST BRIDGES IN AFRICA

Posted on 15 February 201917 July 2020 by Gambeta News

In this article, we would be discuss the longest bridges in Africa. We would take a look at the top 5 longest bridges in the continent. But first what are bridges? Bridges are structures built to span over physical obstacles without closing the way underneath it. It is one of the infrastructure that brings out both fascinating and appealing imaginations. It also signifies the culture of a particular location as the designing of a bridge takes…

BEST COUNTRIES TO INVEST IN AFRICA 2019

Posted on 31 January 20191 February 2019 by Gambeta News

RMB gives report on best countries to invest in Africa for 2019 Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids and IT systems. All of these do not only form the infrastructure needed to help grow the African economies; but they also serve as investment…

DESIGN OF AFRICA’S NEXT LONGEST BRIDGE FLAWED

Posted on 7 January 201917 July 2020 by Gambeta News

Africa’s next longest bridge is an attempt by Nigeria to reclaim the title lost 2 decades ago to Egypt. The “4th Mainland Bridge” is proposed to be 38km long, beating Egypt’s “6th October Bridge” by 17.5 km. It will be sited in Lagos State to connect the island with mainland, which is already connected by three bridges. The longest of them all is the 11.8km “Third Mainland Bridge“. During the recently held Nigerian Institution of…

HIGHLIGHTS FROM THE INTRA-AFRICAN TRADE FAIR 2018

Posted on 18 December 2018 by Gambeta News

The Intra-African Trade Fair is the first of its kind in Africa bringing together businesses from across Africa. The fair happened in Cairo, Egypt from 11-17 December 2018. The 7-day trade fair provides a platform for sharing trade, investment and market information and enabling buyers and sellers, investors and countries to meet, discuss and conclude business deals. In the same way, the Afrexim Bank and African Union are promoting the fair Afrexim Bank is the trade…

WORLD’S FIRST SUSTAINABLE BLUE ECONOMY CONFERENCE IN KENYA

Posted on 28 November 201828 November 2018 by Gambeta News

This week, Kenya hosts the first Sustainable Blue Economy Conference. The conference aims at harnessing the potential of Kenya’s water bodies to improve the lives of all citizens. During the 3-Day Conference, international and national stakeholders deliberate on the blue economy. Still on the conference, President Uhuru and Canada’s Minister of Fisheries announces that they will be exploring new opportunities for collaboration. Further on, Egypt also announces a US $5.5million grant to support…

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