ZAMBIA GOVT. LAUNCH KAZUNGULA WATER PROJECT

The Government of the Republic of Zambia, in partnership with the Southern African Development Community Fund for Water Infrastructure and Basic Sanitation (SADC Water Fund), launched the Kazungula Water and Basic Sanitation Project construction. The 9.8 million Euro Project is funded by the SADC Water Fund which is hosted and managed by the Development Bank of Southern Africa (DBSA) on behalf of SADC, with the support of the German Government through the Federal Ministry for…

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HOW ENERGY TRANSITION WOULD IMPOVERISH NAMIBIA

Namibia’s planned energy transition would impoverish the country while contributing virtually nothing to global emission reduction, says American science policy analyst Perry Green. Green says Namibia’s renewable energy ambitions would have no real impact on global carbon emissions. The government has committed to a 90% reduction in its carbon emissions by 2027, and to reaching net-zero emissions by 2050. Namibia is a signatory to both the Kyoto Accord and the Paris Agreement, which oblige participants…

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TANROAD SIGNED DEAL TO CONSTRUCT TARMAC ROAD IN TANZANIA

The Tanzania National Roads Agency (Tanroads) has signed a Sh38.359 billion deal with a Turkish firm to construct a tarmac road that is expected to ease coal transportation to neighbouring countries. AVM-Dilingham Construction International Inc will build the 32-kilometre road connecting Ibanda, Kajunjumele, Kiwira, and Itungi Port. The company got the contract following a competitive procurement procedure through Tanroads in which six firms expressed interest. Speaking at the signing ceremony, minister in charge of Works…

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BOSTWANA GOVT. ANNOUNCED SPENDING P1.3M TO IMPROVE HOUSING AT REFUGEE CAMP

Botswana government has spent P1.3 million to improve housing at the Dukwi refugee camp and to refurbish Francistown Centre for Illegal Immigrants. This was said by the Minister of Justice Machana Shamukuni this week when addressing the media on his recent return from Switzerland where he attended the 73rd session of the Executive Committee of the High Commissioner’s Programme (EXCOM). Shamukuni said that as part of their efforts to ensure the care and protection of…

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NAMIBIA’s INDEPENDENCE STADIUM FACELIFT SET FOR AUGUST

The refurbishment of the Independence Stadium in Windhoek is expected to start in August and will cost just over N$83 million, the Ministry of Sport, Youth, and National Service. That figure could rise to N$125 million if the City of Windhoek sells the open area on the southern part of the stadium to the sports ministry, executive director Audrin Mathe said. The City of Windhoek wants N$25 million for the area earmarked for parking and…

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ZINARA DISBURSES US$6BILLION FOR ROAD MAINTENANCE

The Zimbabwe National Roads Administration (Zinara) has distributed nearly US$6 billion to all provinces and local authorities for road maintenance in the first quarter of this year under the Emergency Road Rehabilitation Programme (ERRP). The development comes after in February this year, Zinara said it was setting aside $17 billion for the ERRP. The ERRP is in line with the ethos of the National Development Strategy 1 whose main aspirations include infrastructural development as a…

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ZINARA ALLOCATE ZW$300M FOR ROAD REHABILITATION

Bulawayo City Council says it has been allocated over ZW$300 million for this year’s road rehabilitation works by the Zimbabwe National Road Administration (Zinara). According to the Town clerk Christopher Dube who made the disclosure while updating residents on the city’s emergency road rehabilitation programme (ERRP). Dube said “The intervention seeks to improve storm water drainage, conduct premix overlay works, and reseal works as well as conduct reconstruction. The road rehabilitation works for the year…

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CORONAVIRUS IS HELPING AFRICAN ECONOMIES COMPETE

When all is said and done in 2020, African economies will probably have outperformed the rest of the world during the coronavirus pandemic. Africa’s 54 countries now include seven of the globe’s 10 fastest-growing economies, in part because the lethal virus may have improved their competitive advantage as they accelerated their decade-long transformation from exporters of natural resources to hubs of wireless, remotely engaged commerce. The transition to technology-driven, 21st-century business in a region where…

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TROPICAL STORM DESTROYS BUILDINGS IN PARTS OF SOUTHERN AFRICA

The death toll from storm Eloise rose to at least 13 on Monday after heavy winds, rain and flooding destroyed buildings, drowned crops and displaced thousands in parts of southern Africa. Eloise weakened from a cyclone to a tropical storm after making landfall in central Mozambique on Saturday, but continued to dump rain on Zimbabwe, eSwatini – formerly known as Swaziland – South Africa and Botswana. Six people were killed in Mozambique, the country’s National…

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IFC SENIOR OPERATIONS OFFICER – JOHANNESBURG

Description IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For…

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BATOKA GORGE HYDRO-ELECTRIC POWER PROJECT

THE Batoka Gorge Hydro-Electric Power (BGHES) whose construction is set to begin in 2022 will be a flagship project in southern Africa in terms of international best standards, the Zambezi River Authority (ZRA) has said. Zimbabwe and Zambia are working towards constructing two power stations on either side of the Zambezi River at Batoka Gorge, which are expected to generate a combined 2 400MW at a cost of about US$5 billion but the project has…

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BEITBRIDGE BORDER CHAOS A SIGN OF INFRASTRUCTURE DEFICIT

Cape Town – Trucking companies diverting their vehicles from the Groblersbrug border in Botswana to Beitbridge are among the reasons for congestion at the crossing between South Africa and Zimbabwe. Long-waiting queues at the Beitbridge Border were reported, especially around the week of Christmas, during which at least four truck drivers died of dehydration. Home Affairs Minister Aaron Motsoaledi has said Botswana introduced tight lockdown regulations and a strict curfew to protect its own citizens…

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AFRICA LAUNCHES MEDICAL SUPPLIES PLATFORM TO FIGHT COVID-19

In solving the global supplies crisis brought by the COVID-19, African leaders are launching and promoting a new platform that will enable African countries to aggregate their orders. Hence, solving the issue of small quantity orders by nations that are not treated the same as large orders from bigger nations. For example, a country like Seychelles will not be given a fair price on quantity and timely delivery because their orders are smaller than a…

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THE EXTRAORDINARY CHINA-AFRICA SUMMIT ON SOLIDARITY AGAINST COVID-19

President Xi Jinping, of the People’s Republic of China and Chair of the Forum on China-Africa Cooperation (FOCAC) alongside President Cyril Ramaphosa of South Africa and Chair of the African Union (AU) and President Macky Sall of Senegal and the co-Chair of the Forum on China-Africa Cooperation (FOCAC) host African leaders to an extraordinary China-Africa Summit. The Summit is aimed at exploring opportunities for African States to leverage multilateral cooperation, through the FOCAC mechanism, so…

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CONSTRUCTION OF KUNZVI DAM WILL COMMENCE SOON

Construction works on Kunzvi Dam project in Zimbabwe will commence this year. Mashonaland East Provincial Affairs Minister Aplonia Munzverengwi let the cat out of the bag after confirming that the feasibility studies for the dam has completed. The Provincial Affairs Minister revealed that USD 259 million out of the total USD 680 million for the project  has been allocated for the project in the 2020 National Budget. “We expect the construction of the dam to…

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BOTSWANA CELEBRATES 53 YEARS OF INDEPENDENCE

Botswana celebrates 53 years of Independence

Botswana celebrates its 53 years of independence from Britain. The Republic of Botswana, a land-locked country in the southern part of Africa bordered by South Africa, Zimbabwe, Zambia, and Namibia; celebrated its 53 years of Independence on the 3oth of September 2019. Formerly known as the British protectorate of Bechuanaland; the country gained its independence from Britain on 30th September, 1966 and then adopted the new name Botswana. Botswana’s Independence which is commonly called Boipuso,…

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DUALISATION OF THE HARARE-CHIRUNDU HIGHWAY WILL BOAST MASHONALAND WEST.

Zimbabwe kicks off the first project (Harare-Chirundu highway) to achieve the middle income economy vision. The first 6.5km of the 21km road from Makuti-Chirundu linking the Zimbabwe to Sadc, Comesa and East African states is presently ongoing. The project commissioned by President Mnangagwa will be financed by the US$21 million Japan grant. The Ministry of Transport and infrastructural Development and Japanese engineers will be support the project. On completion this road will be a key…

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FUNDING AFRICA’S INFRASTRUCTURE GAP

A look at Infrastructure funding gap across Africa and remedies so far. Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative sources financing to countries in Africa that have…

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HARARE CITY COUNCIL IN TALKS TO DEVELOP A NEW WATER PROJECT

Harare new water project deal

Plans underway for the construction of a water project by harare city council. Harare city council are in talks with turkish firm over a deal to construct a water project. The project will be under the US$3.2 billion water source for the nation. According to the deal, it will be on a built, operation and transfer basis. Harare city council will engage Lidwala Specialist Solutions to help provide a detailed proposal for the project. Lidwala…

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NIGERIA DIASPORA REMITTANCES REACHES US$24bn

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…

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