HUSK POWER SYSTEM PROJECT FUNDING SECURED IN NIGERIA

HUSK POWER SYSTEM PROJECT FUNDING SECURED IN NIGERIA

Nigerian mini-grid player, Husk Power Systems, has secured the sum of $750,000 in funding for solar mini-grid projects in Nasarawa State. Disclosing this in an email sent to Naira metrics, the company said the loan was made available by Germany’s development finance institution (DEG).   The Plan: Husk plans to set up 8 new community solar microgrids in Nasarawa state. DEG allocated the funds from its Up-Scaling Program, which is co-financed by the Federal Ministry for Economic…

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CONSTRUCTION OF MBAMBA-BAY PORT TO BEGIN THIS MONTH IN TANZANIA

CONSTRUCTION OF MBAMBA-BAY PORT TO BEGIN THIS MONTH IN TANZANIA

Construction of Mbamba- Bay Port in Ruvuma Region is set to commence this month, Director General for Tanzania Ports Authority (TPA), Mr. Plasduce Mbossa has affirmed. Mr. Mbossa said over the weekend that TPA was aware of the importance of the port, reaffirming the authority’s commitment to ensuring the plan to develop the port is implemented as planned. “TPA is aware of the importance of Mbamba Bay Port and for that matter, we are committed…

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ETHIOPIA MINISTER DISCLOSE PLANS TO REBUILD AND RESTORE INFRASTRUCTURE DESTROY BY WAR

ETHIOPIA MINISTER DISCLOSE PLANS TO REBUILD AND RESTORE INFRASTRUCTURE DESTROY BY WAR

Ministry of Urban and Infrastructure disclosed that encouraging activities have been carried out to rebuild and restore infrastructures destroyed by the war in the northern part of Ethiopia. The bridges that were destroyed due to the war in the north have now been repaired and become fully operational, it was indicated. Recall that a delegation led by Speaker of the House of People’s Representatives Tagesse Chafo, comprising ministers, heads of service-providing institutions, and National Dialogue…

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ZIMBABWE GOVT. MAKING PLANS TO ACHIEVE GOOD WASTE MANAGEMENT SYSTEM

ZIMBABWE GOVT. MAKING PLANS TO ACHIEVE GOOD WASTE MANAGEMENT SYSTEM

Zimbabwe Government is aiming at achieving world-class standards when it comes to waste management, an official has said. Environment Minister Mangaliso Ndlovu made the revelation during a clean-up exercise in Redcliff. He called for local authorities to set up modern waste management infrastructure to support the dream. Ndlovu added that a clean environment will be a strong anchor for the country’s economic growth. “A clean environment will be a strong anchor for a growing economy….

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HOW ENERGY TRANSITION WOULD IMPOVERISH NAMIBIA

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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SCHOOL PROJECT STILL LACKING ADEQUATE INFRASTRUCTURE DESPITE GOVT. CLAIMS IN OYO, NIGERIA

SCHOOL PROJECT STILL LACKING ADEQUATE INFRASTRUCTURE DESPITE GOVT. CLAIMS IN OYO, NIGERIA

Governor Dapo Abiodun said last year that over 400 primary and secondary schools have been renovated in Ogun State under his administration. However, reports late in 2022 state that the three senatorial districts of the state facilities in many public schools are still in deplorable conditions. The renovation project was executed with an N10.2 billion fund jointly contributed, equally, by the Universal Basic Education Commission (UBEC) and the state government. UBEC released its share of the…

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TUNISIA PRESIDENT ASKED FOR IMMEDIATE CONSTRUCTION OF KING SALMAN BIN ABDULAZIZ HOSPITAL

TUNISIA PRESIDENT ASKED FOR IMMEDIATE CONSTRUCTION OF KING SALMAN BIN ABDULAZIZ HOSPITAL

President Kais Saied urgently needs to start the construction of the King Salman bin Abdulaziz Hospital in Kairouan, the Ghardimaou Hospital in Jendouba, and the Cancer Hospital in Gabes. Receiving Health Minister Ali Mrabet, they reviewed the projects underway, the main encountered difficulties, was the poor management of some public health facilities and the slowness of judicial procedures in cases related to public funds embezzlement. The spread of rumors by a communication agency, managed by…

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EU APPROVED US$3.4M UNDER ELECTRIFI COUNTRY WINDOW FOR NIGERIA OKRA SOLAR

EU APPROVED US$3.4M UNDER ELECTRIFI COUNTRY WINDOW FOR NIGERIA OKRA SOLAR

The European Union (EU) has approved a $3.4 million working capital facility under the ElectriFI Country Window for Nigeria for Okra Solar to use solar mesh-grid mesh grids for 76,000 energy access beneficiaries by the end of 2025. Okra Solar will provide access to electricity through mesh-grid technology to mini-grid developers. The initiative, which was launched in 2016, Okra Solar developed the mesh-grid technology specifically to electrify underserved or unserved communities. Their proprietary Okra Pod…

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ETHIOPIA PM CALLS FOR MANUFACTURERS TO HELP EXPAND PRODUCTION INDUSTRY

ETHIOPIA PM CALLS FOR MANUFACTURERS TO HELP EXPAND PRODUCTION INDUSTRY

The half-day tour today is a part of the government-led national movement called ‘Ethiopia Tamrit’, or Let Ethiopia Produce. The movement, launched in May 2022, aims to address the challenges encountered by manufacturers to boost their production and import substitutions. On Wednesday, the PM made a tour of value various industrial complexes in Gelan Town located 30 kilometers out of Addis Ababa. Abiy first visited the BK Metal Engineering Complex. The plant assembles heavy-duty trucks and…

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FDI GROW BY 35% ACCORDING TO BANK OF UGANDA

FDI GROW BY 35% ACCORDING TO BANK OF UGANDA

The growth, the Central Bank noted in the state of an economy report for December 2022, was an increase of 35 percent compared to the previous quarter ended September supported by increased activity in the oil sector.  Bank of Uganda also reported an 18 percent slowdown in capital outflows to $227.6m (about Shs845.8b), signaling a return of investor confidence.  The outflows, the Central Bank has previously indicated, were putting pressure on the shilling, which had…

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ZAMBIA BEGAN LOAD SHEDDING DUE TO ROUTINE MAINTENANCE

ZAMBIA BEGAN LOAD SHEDDING DUE TO ROUTINE MAINTENANCE

Zambia has begun experiencing rotational load shedding as a result of a planned generator outage at Maamba Coal Thermal Power Plant for routine maintenance and a drastic reduction of water for electricity generation at the Kariba North Bank. ZESCO National Spokesperson Henry Kapata said that the rotational load shedding exercise has commenced because as of 31st December 2022, the water level at Kariba Dam was at 475.60 meters above sea level, a situation that has…

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TANZANIA GOVT. TO EXPAND FIVE PUBLIC HOSPITAL

TANZANIA GOVT. TO EXPAND FIVE PUBLIC HOSPITAL

The government has dished out 3.4bn/- to expand and develop five public hospitals in Ruvuma Region, Regional Commissioner Colonel Laban Thomas has said. Speaking here over the weekend, Col Thomas mentioned the hospitals as Ruvuma Regional Referral Hospital, Nyasa, Mbinga, Madaba and Songea hospitals. He said the Ruvuma Regional Referral Hospital is being expanded at the cost of 2.7bn/- in the first phase. He said the development of Ruvuma Regional Referral Hospital includes the construction…

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TANROAD SIGNED DEAL TO CONSTRUCT TARMAC ROAD IN TANZANIA

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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KITULO-INIHO ROAD CONSTRUCTION SET TO BEGIN IN TANZANIA

KITULO-INIHO ROAD CONSTRUCTION SET TO BEGIN IN TANZANIA

The construction of a 36.3 km Kitulo-Iniho road in the Njombe Region is expected to open up various socio-economic opportunities and improve people’s livelihoods. The road section is part of the Isonje-Kikondo (km 92.6) road which connects the Njombe and Mbeya regions, thus linking Tanzania with its neighboring countries. Speaking on Wednesday during the contract signing for the first phase of construction of the 36.3kms section from Kitulo to Inihio, Minister for Works and Transport,…

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MOROCCO TO INVEST €50M TO ESTABLISH PLANT TO PRODUCE LOCAL CARS

MOROCCO TO INVEST €50M TO ESTABLISH PLANT TO PRODUCE LOCAL CARS

Morocco is set to invest €50 million to establish a plant to produce local car brands. The factory will be made with a 100% Moroccan investment, Morocco’s Minister of Trade and Industry Ryad Mezzour said in a recent interview. Through the plant, Morocco is set to produce approximately 3,000 cars per year. The number is set to reach 20,000 units within four years. The project is part of Morocco’s approach to boosting the automotive sector….

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EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

EEU SAYS POWER RESTORATION WORKS NOW IN 80 CITIES & TOWN IN ZIMBABWE

Electric power has been restored in 80 cities and towns in northern Ethiopia after restoration works to infrastructures damaged during the recent conflict, says the Utility firm. The state-run Ethiopian Electric Utility (EEU) says the restoration works on infrastructures enabled to resume of electric services in 80 cities and towns in Amhara, Afar, and Tigray regions. “Efforts to reconnect the remaining 27 cities and towns to the electric grid is ongoing,” the state-run Utility firm…

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CO-PARTNERSHIP SIGNED TO FINANCE REHABILITATION OF HYDROELECTRIC PLANT IN MOZAMBIQUE

CO-PARTNERSHIP SIGNED TO FINANCE REHABILITATION OF HYDROELECTRIC PLANT IN MOZAMBIQUE

Hidroeléctrica de Cahora Bassa (HCB) and AFD signed a EUR100M non-sovereign concessional loan agreement to contribute to the financing of the plant’s 10-year rehabilitation program, the “Capex Vital”. This program, aimed at extending the life of the plant equipment by at least 25 years, includes the refurbishment of the power plant and the electrical substation. It will improve operational reliability, reduce forced outages and maintenance costs, and restore international standard performance levels. The loan is…

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LACK OF MANPOWER AFFECTING NEWLY CONSTRUCTED GETONG’ANYA FACTORY DOWN IN KENYA

LACK OF MANPOWER AFFECTING NEWLY CONSTRUCTED GETONG’ANYA FACTORY DOWN IN KENYA

Lack of manpower has been blamed for the delayed operations of the newly constructed 117 million Getong’anya Sweet Potato Factory, Migori county. The European Union-funded project that was officially opened in March 2022 by the former Cabinet Secretary Eugene Wamalwa and former Migori Governor Okoth Obado has not yet commenced operations. Migori County Executive Committee Member (CECMs) for Public Service and Devolution Caleb Opondo noted that the biggest challenge was staffing which has seen the…

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LEKKI DEEP SEAPORT SET TO BE OPENED SOON

LEKKI DEEP SEAPORT SET TO BE OPENED SOON

The Managing Director, Lekki Port LFTZ Enterprise Limited (LPLEL), Mr. Du Ruogang, has announced that the $1.5 billion newly completed Lekki Deep Sea Port is ready for official commissioning and commencement of commercial operations in the first quarter of 2023. The port is expected to boost the growth of the Nigerian economy, creating about 170,000 direct and indirect jobs, generating approximately $361 billion during the period of the concession, and generating over $201 billion in…

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NEW TOURISM BUILDING TO BE CONSTRUCTED IN SEYCHELLES

NEW TOURISM BUILDING TO BE CONSTRUCTED IN SEYCHELLES

A moratorium on the construction of new tourism accommodations and change of use, which is currently in effect on Seychelles’ third-most populated island – La Digue – has been extended to December 2023. The decision was taken by the Cabinet of Ministers after it was briefed on the status of La Digue regarding the moratorium imposed on the development of accommodation establishments, including change of use applications. An extension on the moratorium will allow the…

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