BUILDEXPO AFRICA – LARGEST BUILDING AND CONSTRUCTION EXHIBITION RETURNS TO EAST AFRICA

Posted on 14 August 2021 by Gambeta News

Buildmart covers East Africa’s longest running and largest exhibition this year. Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. The latest edition of Buildexpo, East Africa’s largest building and construction fair, brings you exhibitors from over 40 countries who are the finest in infrastructure development. The event takes place in East Africa’s most promising countries including Kenya, Tanzania, Rwanda…

MAKHTAR DIOP BECOMES FIRST AFRICAN NATIONAL TO LEAD THE INTERNATIONAL FINANCE CORPORATION

Posted on 18 February 202118 February 2021 by Gambeta News

WASHINGTON, February 18, 2021—World Bank Group President David Malpass today announced the appointment of Makhtar Diop as Managing Director and Executive Vice President to head the International Finance Corporation (IFC), an arm of the World Bank Group that advances economic development and improves the lives of people by encouraging growth of the private sector in developing countries. “Makhtar Diop has deep development and finance experience and a career of energetic leadership and service to developing countries…

MOGADISHU STADIUM RETURNS BACK TO GLORY

Posted on 14 July 202014 July 2020 by Gambeta News

Mogadishu Stadium, the biggest Sporting facility in Somalia. The stadium was initially constructed in 1977 during the President Siad Barre administration to host various sporting activities, presidential addresses and other national events. However, the civil unrest in the 80’s and 90’s resulted in Mogadishu Stadium being used as a military base by various armed factions. The Al-Shabaab insurgents laid siege on much of Mogadishu, and were notorious for also prohibiting sporting activities. Many attempts to…

KENYA: LOCUST SWARM THREATENS FOOD INSECURITY

Posted on 13 January 2020 by Gambeta News

Swarms of desert locusts have spread from Ethiopia and Somalia into eastern and northern Kenya. The locusts started crossing into Kenya towards the end of December, 2019 destroying pastures in semi-arid counties mainly occupied by herder communities. They have since spread to the counties of Garissa, Isiolo and Samburu to the south and west. “We recognize that the pest invasion, and the potential to spread rapidly to other counties pose unprecedented threat to food security…

AFRICAN ECONOMIES ARE NOT COMPETITIVE – WEF 2018 REPORT

Posted on 18 October 201818 October 2018 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…

THE IMPORTANCE OF THERESA MAY VISITS TO AFRICA

Posted on 31 August 2018 by Gambeta News

The long awaited visit from UK Prime Minister to Africa is over but the question is what are the benefits. So many people feel that the visit to the three Africa nation is part of plans to expand their relationship. This is due to the propose Brexit from the european union. The trip include delegation like UK trade minister and minister for Africa, with the aim to strengthen its global partnerships. The visit is to also meet with entrepreneurs…

TRUMP’s TRAVEL BAN APPROVED BY SUPREME COURT

Posted on 27 June 2018 by Gambeta News

The U.S. Supreme Court upheld the Trump administration’s travel restrictions from five Muslim countries. Hence giving Trump a victory in enforcing one of his most controversial policies. The high court justices ruled that the president has the authority under U.S. immigration laws to limit travel from foreign countries. To reduce risk of national security. Chief Justice John Roberts delivered the majority opinion, writing that Trump’s September 2017 executive order restricting travel is “squarely within the…

DJIBOUTI

Posted on 27 June 201827 June 2018 by Gambeta News

Djibouti is a semi-presidential republic. They gained their independence from France on 27, June 1977. Djibouti is a tiny country in northeast Africa. It is bordered by Eritrea to the north, Somalia to the southeast and Ethiopia to the south and west. In this country you get to enjoy an arid desert climate with little rainfall and high temperatures all year round. The official languages are French and Arabic while the other languages spoken are…

EGYPT’ SHARE OF THE NILE WATERS WILL BE GIVING TO THEM SAYS PM OF ETHIOPIA

Posted on 11 June 2018 by Gambeta News

Ethiopia’s PM vows to give Egypt there share of the Nile waters inline with the agreement earlier on. Prime Minister of Ethiopia promises that Ethiopia will not reduce Egypt’s share of Nile waters as plans to complete the Africa’s largest hydroelectric dam is ongoing . The PM in a statement said they have “no desire or idea to harm the Egyptian people. We should benefit from this river, the Nile, but we should not do harm to…

ETHIOPIA TO OBTAIN PART OF DJIBOUTI PORT

Posted on 2 May 2018 by Gambeta News

Ethiopia to acquire part of Djibouti’s port. Djibouti have reach an agreement with Ethiopia concerning the acquisition of part of its port by Ethiopia. This agreement comes after Djibouti on its own invalidated a contract with the United Arab Emirates’ giant Dubai Ports World (DP) two(2) months ago. According to Ethiopian Minister of Transportation Ahmed Shide, determination of the percentage apportioned is till ongoing. As experts are still assessing the value and profit margins of the port. Both parties…

TRAVEL BAN ON CHAD HAS BEEN LIFTED BY TRUMP

Posted on 11 April 2018 by Gambeta News

U.S. government lifted the travel ban on Chad due to her improvement security strategies The U.S. government lifted the travel ban on citizens of Chad. The ban which has lasted for six months lifted due to the increased standards of Chad’s security measures. The ban in September was as a result of terrorists entering U.S. from Chad. Seven other countries, Iran, Libya, Syria, Yemen, Somalia, North Korea and Venezuela, are still subject to the travel…

MOROCCO: 2017 TOP INVESTMENT DESTINATION IN AFRICA

Posted on 9 April 20189 April 2018 by Gambeta News

Morocco ranks number one in 2017 top investment destination in Africa According to Quantum Global Research Lab’s latest Africa Investment Index 2018 (AII), Morocco is the most attractive economy for investments in Africa. Morocco ranks first based on its increasing economic growth, strategic geographic positioning, increased foreign direct investment, external debt levels, social capital factors and overall favourable business environment. Morocco has consistently attract inward flow of foreign capital, specifically in banking, tourism and energy sectors and also…

Kenyans donate blood for victims of Mogadishu bomb blast

Posted on 17 October 201717 October 2017 by Gambeta News

Somali and Kenyans turn up at Eastleigh in Kenya’s capital to donate blood for victims of the deadly Mogadishu bomb blast Kenyan government say it will send 31 tonnes of medical supplies to mogadishu and evacuate some of victims of the bomb blast to Nairobi for treatment. The campaign was launched by social activist and businessman Ahmed Mohamed to support the over 300 somális injured after saturday’s bomb attack. The blood donors gathered around the…

FOUR AFRICAN COUNTRIES STRIPED OF U.N. VOTING RIGHTS

Posted on 20 September 201720 September 2017 by Gambeta News

Four African countries have lost their voting rights at the United Nations General Assembly (UNGA). The vote ban is over their lack of payment of membership dues. A Voice of America journalist, Harun Maruf, disclosed the information which affects his native Somalia and Guinea Bissau in West Africa. The other two affected countries are island nations of Sao Tome and Principe and the Comoros. In the specific case of Somalia, the amount in question us…

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