Africa

LG ENERGY SET TO BUILD NEW PRODUCTION PLANT FACILITY FOR ELECTRIC VEHICLES IN MOROCCO

Posted on by Gambeta News
LG ENERGY SET TO BUILD NEW PRODUCTION PLANT FACILITY FOR ELECTRIC VEHICLES IN MOROCCO

LG Energy Solution (LGES) is eyeing Morocco as a potential site for a new production plant specializing in Electric Vehicle (EV) batteries, specifically lithium iron phosphate (LFP) cathodes. This move comes as part of a strategic response to recent tariffs imposed by the European Union on EV imports from China, which have heightened the need for cost-effective production solutions. Wonjoon Suh, LGES’s head of advanced automotive battery division, highlighted that Morocco is among three key…

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HOW GREEN HYDROGEN PROJECT CREATED OVER 200 JOBS IN NAMIBIA

Posted on by Gambeta News
HOW GREEN HYDROGEN PROJECT CREATED OVER 200 JOBS IN NAMIBIA

The Namibia Green Hydrogen Programme is setting the stage for significant economic and environmental advancements. Eline van der Linden, head of impact and ESG for the programme, highlights the sector’s potential to revolutionize Namibia’s economy. Currently, the programme’s pilot and private land projects in the Central Valley have already created over 200 jobs and contracted about N$170 million to SMEs. Van der Linden emphasizes that these early jobs represent a substantial addition to the Namibian…

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HOW EGYPT LOW-INCOME HOUSING FINANCE INITIATIVE GOT EGP70BILLION FUNDS

Posted on by Gambeta News
HOW EGYPT LOW-INCOME HOUSING FINANCE INITIATIVE GOT EGP70BILLION FUNDS

The Social Housing and Mortgage Finance Fund recently announced that banks and companies participating in Egypt’s low-income housing finance initiative have collectively provided EGP 70.6 billion in funding, benefiting over 573,000 clients as of June 2024. Banks contributed EGP 68.1 billion, reaching approximately 553,450 clients (96.5% of the initiative), while mortgage finance companies added EGP 2.5 billion, aiding around 19,500 clients (3.5% of the total). The Central Bank of Egypt (CBE) launched the mortgage finance…

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CHIRUNDU BORDER POST TRANSFORMATION SET TO TAKE EFFECT IN ZIMBABWE

Posted on by Gambeta News
CHIRUNDU BORDER POST TRANSFORMATION SET TO TAKE EFFECT IN ZIMBABWE

The Chirundu one-stop border post is on the verge of a significant transformation following a public-private partnership (PPP) agreement between the Zimbabwean government and a local firm. This modernization project, valued at US$66.8 million, aims to upgrade and revamp existing infrastructure, bringing enhanced efficiency and employment opportunities. A Memorandum of Agreement has been signed between the Ministry of Transport and Infrastructural Development and the Chirundu Border Consortium. This development marks a significant milestone in the…

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MOZAMBIQUE GOVT. SET PLANS FOR PETROLEUM EXPLORATION AFTER CONTRACT APPROVAL

Posted on by Gambeta News
MOZAMBIQUE GOVT. SET PLANS FOR PETROLEUM EXPLORATION AFTER CONTRACT APPROVAL

The Mozambican government’s recent approval of the concession contract for petroleum exploration and production in the Angoche A6-C Offshore Area marks a significant step in the country’s energy sector. The concession grants Eni Mozambico the role of operator with a 60% stake, partnered with Empresa Nacional de Hidrocarbonetos (ENH), the Mozambican state-owned company, holding a 40% stake. This agreement allows Eni Mozambico the exclusive right to conduct petroleum operations in the specified area and the…

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ZESCO EXPLORING USE OF WATER TO POWER ELECTRICITY IN ZAMBIA

Posted on by Gambeta News
ZESCO EXPLORING USE OF WATER TO POWER ELECTRICITY IN ZAMBIA

ZESCO Limited is conducting a feasibility study to assess the potential of using available water resources more effectively to enhance power generation capabilities. This initiative is crucial due to the impact of climate change, which has led to lower water levels in the Itezhi Tezhi Dam. This dam plays a critical role in supplying water for electricity generation at three power stations along the Kafue River Basin. Clement Siame, Deputy Director of the Kafue River…

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CONSTRUCTION OF SIMUNYE SCHOOL PROJECT MISSES YET ANOTHER DEADLINE IN SOUTH AFRICA

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CONSTRUCTION OF SIMUNYE SCHOOL PROJECT MISSES YET ANOTHER DEADLINE IN SOUTH AFRICA

The Gauteng Department of Infrastructure Development’s struggle with a contractor to build a much-needed school for Simunye Secondary in Bekkersdal highlights significant challenges and frustrations. The construction of the school, budgeted at R123 million, began in 2022 with the aim to replace overcrowded container classrooms with a state-of-the-art ICT school. The original school building from 1995 is dilapidated and unusable and despite the urgent need, the contractor has missed two deadlines: October 2023 and June…

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NEW TOURIST CENTER BUILDING UNVIELED IN TOGO

Posted on by Gambeta News
NEW TOURIST CENTER BUILDING UNVIELED IN TOGO

The town of Aného, situated 30 km southeast of Lomé, is set to unveil a new tourist center, as announced by Alexis Aquereburu, mayor of Lacs 1 municipality. This center aims to serve as a hub for promoting and celebrating the cultural heritage of the municipality. It will feature a collection of furnishings such as office furniture, sculptures, and paintings that narrate the history of local palaces. In a bid to ensure authenticity and quality,…

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CONSTRUCTION OF US$45M MILK POWDER FACTORY SET TO BE LAUNCHED IN RWANDA

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CONSTRUCTION OF US$45M MILK POWDER FACTORY SET TO BE LAUNCHED IN RWANDA

Inyange Industries, Rwanda’s largest agro-processing firm, is set to launch a milk powder factory in Nyagatare District. Initially planned for 2023, the factory’s launch is now expected by July 24, 2024. The investment for this facility is estimated at $45 million. The factory will have the capability to process 500,000 liters of milk daily into 50,000 kilograms (50 tonnes) of milk powder. Annually, it aims to produce around 15,000 tonnes of milk powder. The majority…

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ANGOLA GOVT. MAKING PLANS TO IMPROVE DUNDO CITY

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ANGOLA GOVT. MAKING PLANS TO IMPROVE DUNDO CITY

In a directive over the weekend, Minister of Territorial Administration Dionísio da Fonseca urged the newly appointed governor of Lunda-Norte province, Filomena Aires, to prioritize basic sanitation and the revitalization of Dundo to enhance the city’s reputation. Emphasizing that Dundo serves as the province’s ambassador, he extended the challenge to all municipalities within Lunda-Norte. Highlighting the collective effort needed for development, Dionísio da Fonseca emphasized the crucial roles of the business community, churches, traditional authorities,…

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STATE GOVERNOR APPROVED CONSTRUCTION OF FIVE MAJOR ROAD PROJECT IN NIGERIA

Posted on by Gambeta News
STATE GOVERNOR APPROVED CONSTRUCTION OF FIVE MAJOR ROAD PROJECT IN NIGERIA

The Governor of Ogun State has initiated significant infrastructure projects aimed at alleviating the daily hardships faced by residents due to poor road conditions. One of the major projects underway is the reconstruction of the Lagos-Sango-Abeokuta road, a crucial artery for the region. Although some administrative processes remain to be completed, the Governor has decided to proceed with the reconstruction to swiftly ease the burden on commuters. Commissioner Ade Akinsanya highlighted that the State Executive…

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UGANDA PRESIDENT INAUGURATE FUEL STORAGE FACILITY

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UGANDA PRESIDENT INAUGURATE FUEL STORAGE FACILITY

President Museveni recently inaugurated a significant fuel storage facility on Lake Victoria, located at Bugiri-Bukasa in Wakiso district, Uganda. Owned by Lake Victoria Logistics, the facility boasts 14 tanks with a total storage capacity of 70 million liters. This infrastructure marks a crucial development for Uganda’s fuel security and economic efficiency. During the inauguration, President Museveni highlighted the strategic importance of the facility in rationalizing Uganda’s economy by reducing dependence on road transport for fuel…

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MINING COMPANY ANNOUNCED PLANS TO CONSTRUCT THREE MILITARY BASE FACILITY IN GHANA

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MINING COMPANY ANNOUNCED PLANS TO CONSTRUCT THREE MILITARY BASE FACILITY IN GHANA

Newmont Gold, a prominent mining company, has committed to funding the establishment of three military forward operating bases in the Ahafo Region of Ghana. These bases, equipped with essential facilities like conference halls, offices, staff quarters, and canteens, aim to bolster security and enhance emergency response capabilities in the region. They are strategically located in Kenyasi (Asutifi North district), Sankore-Nyamenekyere (Asunafo South district), and Yamfo (Tano North Municipality). The initiative, set to be completed within…

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CONCERN RAISED OVER LACK OF FUNDS FOR REPAIRS OF ROADS IN MOZAMBIQUE MUNCIPALITIES

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CONCERN RAISED OVER LACK OF FUNDS FOR REPAIRS OF ROADS IN MOZAMBIQUE MUNCIPALITIES

The mayors of Mozambique’s municipalities are facing significant challenges due to delays and insufficient disbursement of funds allocated for repairing access roads. Although 706.4 million meticais were budgeted for all 65 municipalities this year, only 240.3 million meticais have been disbursed so far. This shortfall is affecting the ability of municipalities to maintain and improve their access roads. Meanwhile, The late disbursement of funds is severely affecting ongoing maintenance and construction projects. Municipalities are unable…

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KCCA ANNOUNCED COMMENCEMENT OF MAJOR INFRASTRUCTURE PROJECT

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KCCA ANNOUNCED COMMENCEMENT OF MAJOR INFRASTRUCTURE PROJECT

The Kampala Capital City Authority (KCCA) has announced the commencement of a major infrastructure project aimed at enhancing connectivity between Katwe I and Kibuye I in the Makindye Division of Kampala. This project includes the complete demolition and reconstruction of Kayemba Road and the bridges crossing Queensway. The KCCA stated in a recent traffic advisory that the construction work at the Queensway crossing will begin on July 18, 2024, and is expected to be completed…

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EGYPT GOVT. SET TO FOCUS ON DIGITAL & AI TRANSFORMATION IN CAMPUSES

Posted on by Gambeta News
EGYPT GOVT. SET TO FOCUS ON DIGITAL & AI TRANSFORMATION IN CAMPUSES

Egypt’s Ministry of Higher Education and Scientific Research is intensifying its focus on digital transformation and the integration of artificial intelligence (AI) into its educational framework, according to Minister Ayman Ashour. This initiative, funded with EGP 10 billion, is a key component of the national strategy for higher education and scientific research. Six Pillars of the Project Minister Ashour outlined six primary objectives of the project: 1. Establishing smart university campuses. 2. Conducting electronic tests….

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MOZAMBIQUE PUBLIC WORK MINISTER SAY OVER 20MILLION CITIZEN CAN ACCESS DRINKING WATER

Posted on by Gambeta News
MOZAMBIQUE PUBLIC WORK MINISTER SAY OVER 20MILLION CITIZEN CAN ACCESS DRINKING WATER

In significant stride towards improving public health, over 20.7 million Mozambicans now have access to clean drinking water, according to Carlos Mesquita, the Minister of Public Works. Speaking at the annual water supply sector meeting in Maputo, Mesquita highlighted the progress made since 2020, with an additional three million people gaining access to clean water and 2.6 million obtaining safe sanitation services. Rising Access to Clean Water and Sanitation “The population now covered by safe…

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AfDB LAUNCH NEW DIGITAL PROJECT CALLED RASME IN MOROCCO

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AfDB LAUNCH NEW DIGITAL PROJECT CALLED RASME IN MOROCCO

The African Development Bank (AfDB) is ushering in a new era of digital project supervision with the launch of “RASME” in Morocco. This innovative solution, unveiled today in Rabat, leverages cutting-edge technologies to gather real-time data and enhance project monitoring processes across the continent. RASME, which stands for Remote Appraisal, Supervision, Monitoring, and Evaluation, offers a multifaceted approach. By utilizing mobile devices, aerial imagery, and satellite technology, the platform streamlines data collection, allowing project managers…

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HOW ACCESS TO TOGO HEALTHCARE INCREASED BY 90%

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HOW ACCESS TO TOGO HEALTHCARE INCREASED BY 90%

Togo has made remarkable strides in healthcare accessibility, increasing its coverage rate from 71% in 2020 to 90.7% in 2023, according to a recent report by the Presidency of the Republic. Published on July 4, 2024, the report includes the latest Human Development Index (HDI) figures. A pivotal factor in this progress has been the Wezou Initiative, which provides care for pregnant women and newborns. By the end of 2023, the initiative had benefited over…

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JINJA EXPRESSWAY SET TO BOOST UGANDA HIGHWAY SYSTEM AFTER GROUNDBREAKING CEREMONY

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JINJA EXPRESSWAY SET TO BOOST UGANDA HIGHWAY SYSTEM AFTER GROUNDBREAKING CEREMONY

The long-awaited Jinja Express Highway project is poised to revolutionize transportation in Uganda, offering significant benefits in terms of time savings, cost efficiency, and traffic decongestion. As the government gears up to break ground on this vital infrastructure, anticipation is mounting among motorists and local businesses alike. The proposed highway, spanning approximately 95 kilometers, will create a direct link between Kampala and Jinja. Currently, the journey between these two major cities is plagued by heavy…

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