IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%

IMF SAYS NAMIBIA ECONOMIC GROWTH DROPPED TO 2.8%

The International Monetary Fund (IMF) forecasts economic growth of 2.8% for Namibia in its latest World Economic Outlook, released today. This is unchanged from the IMF’s estimate in October 2022, but a drop compared to the 3.7% the Fund projected last April. The IMF’s latest projection is lower than finance minister Iipumbu Shiimi’s 3.2% which he mentioned in his budget speech at the end of February, as well as the Bank of Namibia’s (BoN) 3.0%…

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ETHIOPIA HEALTH MINISTER DISCUSS REHABILITATION OF DAMAGED INFRASTRUCTURE

ETHIOPIA HEALTH MINISTER DISCUSS REHABILITATION OF DAMAGED INFRASTRUCTURE

High level federal delegation from Ministry of Health led by minister Liya Tadesse (PhD) has arrived in Tigray, Mekelle, today to observe the status of severely damaged health infrastructures, provide needed health materials, and discuss rehabilitation issues with regional authorities. The minister is making her first trip since the peace agreement signed between the federal government and Tigrayan People’s Liberation Front (TPLF) in Pretoria, South Africa in November last year. According to regional media Tigray…

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CONSTRUCTION OF METRAC CENTRE BEGINS IN UGANDA

CONSTRUCTION OF METRAC CENTRE BEGINS IN UGANDA

The government has launched the construction of a Mechanical Engineering Training and Advisory Centre to boost the level of training for machine operators. The Works and Transport minister, Gen Katumba Wamala, said the Shs8.8 billion Mechanical Engineering Training and Advisory Centre (METRAC), the first of its kind in the country, is in line with the strategic objectives under the National Development Plan III that targets to develop an Integrated Transport Infrastructure and services. “The government…

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ZIMBABWE GOVT. TO RELOCATE KARIBA AIRPORT TO NEW SITE

ZIMBABWE GOVT. TO RELOCATE KARIBA AIRPORT TO NEW SITE

Zimbabwe Govt. is going ahead with its plans to relocate Kariba Airport to a new site to accommodate more aircraft in the resort town. This was revealed by Transport and Infrastructural Development Minister Felix Mhona during the launch of the fast jet flights in Kariba last week. He said the move was meant to accommodate a wide range of aircraft, adding that it would also bring back Kariba to its former glory of being a…

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EGYPT GOVT. ANNOUNCED WIND FARM PROJECT WORTH US$680M

EGYPT GOVT. ANNOUNCED WIND FARM PROJECT WORTH US$680M

The Egyptian Cabinet announced that the Red Sea Wind Energy Consortium signed a financial closing agreement worth $680 million for a project to establish a wind farm in the Gulf of Suez with a capacity of 500 megawatts. The cabinet added in a statement that the agreement was signed by representatives of the Red Sea Wind Energy Company and financing entities, the Japan Cooperation Bank, and the European Bank for Reconstruction and Development (EBRD). The…

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HOW 3D CONCRETE PRINTING TECHNOLOGIES CAN HELP BUILDING INDUSTRY

HOW 3D CONCRETE PRINTING TECHNOLOGIES CAN HELP BUILDING INDUSTRY

As the world continues to grapple with the challenge of climate change, the concept of net zero energy buildings has gained traction worldwide, including in Nigeria. As a country committed to reducing its carbon footprint and promoting sustainability, Nigeria has the potential to become a global leader in net zero energy building construction, thanks in part to the emergence of 3D concrete printing technology. Net zero energy buildings are designed to generate as much energy…

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FRANCE TO BUILD RWANDA MEMORIAL FOR GENOCIDE VICTIMS

FRANCE TO BUILD RWANDA MEMORIAL FOR GENOCIDE VICTIMS

France is set to build a memorial for victims of the 1994 Genocide against the Tutsi. The announcement comes after President Emmanuel Macron in 2021 recognized that his country bore responsibility for the 1994 Rwanda genocide against the Tutsi. The monument will be erected in Paris on the Left Bank of the river Seine not far from the foreign ministry, the French presidency said. It will be across the water from another memorial to the…

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MINING OPERATION SET TO KICK-OFF IN ZIMBABWE AFTER US$50M FUND WAS SECURED

MINING OPERATION SET TO KICK-OFF IN ZIMBABWE AFTER US$50M FUND WAS SECURED

Kuvimba Mining House, intends to mobilise at least US$50 million to start mining operations at its Great Dyke Investments platinum project in Darwendale, Mashonaland West Province in the next six months. GDI’s platinum project requires an estimated US$500 million to reach optimal production in the long term. KMH, majority owned by the Government of Zimbabwe, which holds 65 percent stake in the company, has also acquired ferrochrome producer Zimbabwe Alloys (ZimAlloys), mines Jena, Sandawana, Globe…

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CONSTRUCTION OF 12 MILLION TONS PLANT KICK-OFF IN SIERRA LEONE

CONSTRUCTION OF 12 MILLION TONS PLANT KICK-OFF IN SIERRA LEONE

Leone Rock Metal Group through its subsidiary vehicle, Kingho Mining Company laid the cornerstone for the construction of a-12- million tons per annum beneficiation plant for its phase 2, stage 2 project as part of the company’s strategic vertical integration drive. The ceremony was held at the mine site at Ferengbeya, Tonkolili District, Northern Region in the presence of government authorities, community stakeholders, Management & staff of Leone Rock Metal Group & other dignitaries. The…

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MOZAMBIQUE PRESIDENT SAYS LACK OF DECENT ROAD HINDER DEVELOPMENT

MOZAMBIQUE PRESIDENT SAYS LACK OF DECENT ROAD HINDER DEVELOPMENT

Mozambican President Filipe Nyusi warned on Monday that the lack of decent roads is a factor delaying the development of Africa. He was speaking in Maputo at the opening of a meeting of the General Assembly of the African Roads Maintenance Fund Association (ARMFA), an event which brought together representatives of 35 national Roads Funds. The absence of good roads leaves the continent in a situation of “atrophied development’, said Nyusi. The lack of a…

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RAIL SERVICE OPERATION RESUME FROM LANGA TO NYANGA IN SOUTH AFRICA

RAIL SERVICE OPERATION RESUME FROM LANGA TO NYANGA IN SOUTH AFRICA

After more than three years, commuters in Cape Town can once again board the trains between Langa and Nyanga following the resumption of the rail service. The commuter rail service, which offers the most affordable mode of public transport, was closed for more than three years due to the vandalism of public assets and the illegal occupation of the line during the COVID-19 lockdown. “Restoring passenger rail services in the country is a key priority…

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CONSTRUCTION OF US$7BILLION PIPE MANUFACTURING PLANT KICK-OFF IN NIGERIA

CONSTRUCTION OF US$7BILLION PIPE MANUFACTURING PLANT KICK-OFF IN NIGERIA

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has performed the groundbreaking ceremony of a $7.04 billion pipe manufacturing plant at Polaku community, Bayelsa State. Being promoted by AS Energies Limited, the plant would manufacture Glass Reinforced Epoxy (GRE) and Glass Reinforced Plastic (GRP) pipes and has an estimated investment outlay of about N7.04 billion to $US8.8 million. Speaking at the event held recently, Wabote commended the management…

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NEW MEDICAL STORE INAUGURATED AT KINTAMPO, GHANA

NEW MEDICAL STORE INAUGURATED AT KINTAMPO, GHANA

A New Regional Medical Store has been inaugu­rated and handed over to the Bono East Regional Health Directorate at Kintampo. The refurbished facility was an abandoned structure that used to be the then Brong-Ahafo Regional Medical Stores. The rehabilitation works were under the United Nations Pop­ulation Fund (UNPF) and United States Agency for International Development (USAID) and other partners. The Bono East Region would no longer rely on the Bono Region for medical supplies with…

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TANZANIA WORKS MINISTER ASKED TPA & TRC TO BEGINS RAILWAY CONSTRUCTION AT TANGA PORT

TANZANIA WORKS MINISTER ASKED TPA & TRC TO BEGINS RAILWAY CONSTRUCTION AT TANGA PORT

Works and Transport Deputy Minister Atupele Mwakibete has directed the Tanzania Ports Authority (TPA) and the Tanzania Railway Corporation (TRC) to complete processes to start the construction of railway infrastructure at the Tanga Port for transporting cargo from and to the port. He issued the order at the end of the week after inspecting the port improvement and expansion project which is now 98.9 per cent complete. He stated that the railway infrastructure must be…

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PRESIDENT SISI INAUGURATE WASTEWATER TREATMENT PLANT IN EGYPT

PRESIDENT SISI INAUGURATE WASTEWATER TREATMENT PLANT IN EGYPT

President Abdul Fattah El-Sisi has inaugurated the first phase of the wastewater treatment plant in New Minya. The new sewage treatment plant in New Minya City operates with a capacity of 20,000 cubic meters/day (the first phase). The sewage will be treated with dual and tertiary treatment, to be used in irrigating the city’s tree forests and green area. The project includes the following: The wastewater treatment station consists of inlet and filters, primary sedimentation…

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PRESIDENT CYRIL DIRECT REFORM IMPLEMENTATION ON SOUTH AFRICA LOGISTICS SYSTEM

PRESIDENT CYRIL DIRECT REFORM IMPLEMENTATION ON SOUTH AFRICA LOGISTICS SYSTEM

President Cyril Ramaphosa has directed Transnet to implement reforms swiftly and completely to turn around the crisis in South Africa’s logistics system. “Transnet must quickly embark on a clear path to take us out of this crisis and ensure that the operation of our railways and ports contributes to the growth of our economy,” the President said. He met with the members of the Transnet board and the executive management team at the Union Buildings…

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CONSTRUCTION OF ANGOLA’s LUENA SOLAR PLANT AT 60%

CONSTRUCTION OF ANGOLA’s LUENA SOLAR PLANT AT 60%

The construction of the Luena Solar Energy Park in the eastern Moxico Province to have an expected installed capacity of 26,906 megawatts (MW) is currently 60 percent completed, the deputy governor for the Technical and Infrastructure sector, Wilson Agnelo, said Saturday. Agnelo added that the project is being built in the Samalesso district, east of Luena City by the American companies “Sun Africa” and MCA Angola and Portugal, in an area of 52 hectares. The…

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NAMIBIA GOVT. MAKING PLANS FOR CONSTRUCTION OF EARTH DAMS

NAMIBIA GOVT. MAKING PLANS FOR CONSTRUCTION OF EARTH DAMS

Deputy prime minister Netumbo Nandi-Ndaitwah last week visited the Oshana region to familiarize herself with the progress made on the government’s program to construct earth dams. She visited Okaku village in the Okaku constituency, accompanied by Oshana regional governor Elia Irimari and constituency councilors to identify areas earmarked for the construction of earth dams. In an interview with the Oshana region’s Ministry of Information and Communication Technology, Nandi-Ndaitwah said one of the government’s main targets…

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TATU CITY COMPLETE INFRASTRUCTURAL DEVELOPMENT WORTH SH1BILLION IN KENYA

TATU CITY COMPLETE INFRASTRUCTURAL DEVELOPMENT WORTH SH1BILLION IN KENYA

Tatu City has completed the Sh1 billion infrastructural development of power, water, and roads at the Kijani Ridge in Kiambu County. The development involves a 6-kilometer (km) tarmac road, 12-kilometer footpaths, and a 5-kilometer underground piped stormwater work. Others are a 5 km water supply pipeline, 2.7 km sewer lines, 12 km of fiber optic cabling, and 9.5 km of 11kV medium voltage underground power lines that have been completed in the last 14 months….

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EGYPT PRESIDENT BRIEF ON CURRENT PROJECT DEVELOPMENT BY OFFICIALS

EGYPT PRESIDENT BRIEF ON CURRENT PROJECT DEVELOPMENT BY OFFICIALS

President Abdel Fattah Al-Sisi held on Tuesday two meetings to follow up on current and future projects to develop Egypt’s sea, dry and land ports. The first meeting was attended by Prime Minister Mostafa Madbouly, Minister of Finance Mohamed Maait, Minister of Transportation Kamel Al-Wazir, Minister of Trade and Industry Engineer Ahmed Samir, and President of the Armed Forces Engineering Authority Ahmed Al-Azazi. President Al-Sisi was briefed on the development of the Salloum land port,…

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