Development

ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

Posted on by Gambeta News
ZIMBABWE TO BORROW US$1.9BN FROM G7 NATIONS TO PAY DEBTS

Zimbabwe plans to borrow fund from G7 nations but is that a wise choice? Zimbabwe Government is planning to borrow US$1,9 billion from G7 nations in order to pay their debts. The G7 nations which are France, Italy, Canada, Germany, United States, Japan and United Kingdom. The funds will be use to clear debts to the African Development Bank (AfDB) and World Bank according to Minister of Finance and Economic Development Mthuli Ncube. Speaking during…

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EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

Posted on by Gambeta News
EGYPT AND SOUTH KOREA IN TALKS OVER FREE TRADE AGREEMENT

Egypt and South Korea making plans to sign FTA but will the host nation be ready to face both pros and cons of the FTA agreement. Egypt and South Korea are currently in talks over a free trade agreement (FTA). This agreement will help boost trade exchange and joint economic cooperation according to  South Korean Ambassador to Egypt Yeocheol Yoon. Speaking during the DNE attendance of the preparation for the online live stream of the…

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CONSTRUCTION OF BED WARDS AND DOCTOR QUARTER BEGINS IN OGUN, NIGERIA

Posted on by Gambeta News
CONSTRUCTION OF BED WARDS AND DOCTOR QUARTER BEGINS IN OGUN, NIGERIA

Ogun State kick-off construction of 120 bed wards and 30 doctors quarters at the state specialist hospital. Ogun state Governor in western part of Nigeria has announced plans to improve the health care sector in the state. The plans is to construct 120 bed wards and 30 doctors quarters at the state specialist hospital, Asubiaro, Osogbo. This will be through the deployment of technology-based approach to ensure quality and affordable delivery. Governor  Adegboyega Oyetola made…

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KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

Posted on by Gambeta News
KIENI CONSTITUENCY SECURE FUNDS FOR HOSPITAL CONSTRUCTION

Kieni constituency to build level four hospital after securing funds from Ministry of health in Kenya. Kenya’s  Kieni constituency has secure fund for the construction of a level four hospital. The fund which is worth US$541k (Sh30 million) will help them have another existing level four hospital in the constituency. Kieni MP Kanini Kega made the announcement after telling residents that the ministry of health has allocated the fund. He said that the hospital building…

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WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

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WORLD BANK TO INVEST US$300M INTO GHANA COCOA INDUSTRY

World Bank making plans to invest in Ghana Cocoa industry. Cocoa is Ghana chief agricultural export and cash crop. This is why the World Bank is investing fund to help shore up production of the crop over the next five years. The project which is under the Cocoa Sector Value Chain Project will increase productivity levels of cocoa farmers as well as promote value addition. Meanwhile, farmer production level will increase from the current 300…

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ZIMBABWE GOVERNMENT AGREES COAL EXPORT DEAL

Posted on by Gambeta News
ZIMBABWE GOVERNMENT AGREES COAL EXPORT DEAL

Zimbabwe to export coal to Japan and India with new deal Zimbabwe government has agreed a deal with Dubai-based company, Victoria Consultant for coal export. This deal will enable the country to secure markets for coal exports in India and Japan. Meanwhile, Victoria Consultant will assist Zimbabwe according to the deal. As both nations are the largest coal importing countries in the world. However, during the meet President Mnangagwa said Zimbabwe should take advantage of…

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FCDA SAYS NIGERIA NEEDS US$3TRN TO SOLVE INFRASTRUCTURE DEFICIT

Posted on by Gambeta News
FCDA SAYS NIGERIA NEEDS US$3TRN TO SOLVE INFRASTRUCTURE DEFICIT

Federal Capital Development Authority says nigeria need US$3trn but can they manage and use the money wisely to solve this problem if they eventually get the fund? Federal Capital Development Authority (FCDA) announced in Abuja that Nigeria needs US$3trn to solve their infrastructure deficit problem. This fund will be for the next 30 years according to FCDA Executive Secretary Umar Gambo Jibrin. According to Jibrin while address a keynote at the head office, Nigerian Society…

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FERRY SERVICE FACING CHALLENGES DUE TO GAMBIA SENEGAMBIA BRIDGE

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FERRY SERVICE FACING CHALLENGES DUE TO GAMBIA SENEGAMBIA BRIDGE

Ferry service losing revenue due to Senegambia Bridge commission in Gambia The commissioning of Senegambia Bridge in Gambia pose a ferry challenge according to Deputy Managing Director of the Gambia Ferry Services, Hall Abdoulie Gai. The ferries over the last couple of years has made great stride but has been hinder by the bridge commission. Ferry crossing has been in operation for over 80 years. But the major problem with the bridge commission according to…

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BUILDON AND RAISING MALAWI TO PROVIDE FUNDS FOR KASUNGU SCHOOL

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BUILDON AND RAISING MALAWI TO PROVIDE FUNDS FOR KASUNGU SCHOOL

buildOn and Raising Malawi to improve quality of teaching in Kasungu with construction of new facilities. buildOn, a US based charity Organisation is partnering with Raising Malawi to provide funds for improving learning in Kasungu, Malawi. The fund which is worth US$ 250,000 will be use to improve the quality of teaching and learning. buildOn deputy country director Robert Chikombe said ”Under this project, we will construct two semi-detached classroom blocks and two semi-detached teacher’s…

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JICA TO ASSIST MALAWI WATER BOARD WITH WATER LOSSES

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JICA TO ASSIST MALAWI WATER BOARD WITH WATER LOSSES

JICA to help reduce Lilongwe Water board NRW but no outright plan revealed for stopping illegal water connections? Water as we all know is one of the most important substances on earth. This is why Japan International Cooperation Agency (JICA) is making plans to assist Lilongwe Water Board (LWB) in reducing Non-Revenue Water (NRW). The reduction comes due to leakage of water pipes, theft and illegal water connections among others. The water boards in Malawi…

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PICTURES OF BIDCO INDUSTRIAL PARK LAUNCH IN KENYA

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PICTURES OF BIDCO INDUSTRIAL PARK LAUNCH IN KENYA

President Uhuru Kenyatta unveils Bidco Industrial Park but can the manufacturing plants be maintained to achieve its 2022 goals? The Bidco Industrial Park in Ruiru has been officially unveiled by President Uhuru Kenyatta. During the ceremony, President Uhuru said the project will help growth the manufacturing sector in the nation. BIDCO Industrial Park (BIP) situated in Ruiru town, Kiambu County, is spread across 80.7 Acres of the industrial land with current 20% of its land…

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KENYA PARLIAMENT APPROVED NATIONALIZATION OF KENYA AIRWAYS

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KENYA PARLIAMENT APPROVED NATIONALIZATION OF KENYA AIRWAYS

Kenya Parliament approved proposal for nationalisation of Kenya Airways but can they meet up with other Eastern Airline? Lawmakers in Kenya has finally accepted the proposal for the nationalisation of Kenya Airways. Kenya Airways which has for a long time been in the airline business was before the flag carrier airline of Kenya. However, the approval which has taken so long has finally been accepted by lawmakers. The proposal was submitted by Kenya parliamentary transport…

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CONSTRUCTION OF KHONJENI ROAD COMMISSIONED IN MALAWI

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CONSTRUCTION OF KHONJENI ROAD COMMISSIONED IN MALAWI

Malawi’s Minister commission the construction of Khonjeni road but can contractor deliver the project on time? Road is an essential infrastructural development for every nation in the world. As it connects people to different location which makes it an important asset to the economy. However, every road constructed needs proper maintenance for it to stand the test of time. During the groundbreaking ceremony, minister of local government and Rural Development Ben Malunga Phiri assured resident…

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NIGERIAN GOVT SIGNS ELECTRICITY DEAL WITH SIEMENS

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NIGERIAN GOVT SIGNS ELECTRICITY DEAL WITH SIEMENS

Will this new deal help solve the nation’s problem or is this another project that will look amazing but end up being a waste of time? Electricity is an unavoidable prerequisite to any nation’s development. These is due to its role in the socio-economic and technological development of every nation. In Nigeria, electricity demand is far outstripping the supply which has become epileptic in nature. The deal currently  in place with Siemens aims at strengthening…

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TECHNOLOGY TO BE USED FOR RWANDA CERVICAL CANCER TREATMENT

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TECHNOLOGY TO BE USED FOR RWANDA CERVICAL CANCER TREATMENT

Can the government afford to maintain the use of Artificial intelligence for cervical cancer treatment in the next 10 or 20 years? Our world has been thoroughly transformed by digital technology. This is why Rwanda is making plans to use it for the treatment of cervical cancer for their citizens. Rwanda is among countries having high burden of cervical cancer. According to statistics from last year, incident rate was 31.9 per 100,000 women and a…

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EGYPT TO IMPLEMENT JOINT DESALINATION PROJECT WITH PRIVATE SECTOR

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EGYPT TO IMPLEMENT JOINT DESALINATION PROJECT WITH PRIVATE SECTOR

Why is the Egyptian Government mulling over private sector involvement for the joint desalination project Desalination is vital for Egypt, especially in the provision and production of drinking water. Over the years, Egypt has been suffering from severe water scarcity. This has been from Uneven water distribution, misuse of water resources and inefficient irrigation techniques which has put the country’s water security at risk. Egypt water crisis has also had problems ranging from Population Explosion, Inefficient…

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YOU AND THE OPPORTUNITIES OF TOMORROW

Posted on by Gambeta News
YOU AND THE OPPORTUNITIES OF TOMORROW

Times are changing, are you ready for the opportunities of Tomorrow? The only thing that is constant in life, they say is change. In a world that is ever changing and with the advent of technology that is currently disrupting various industries across the globe; are you ready to weather this storm? According to Eliyahu Goldratt: “Good luck is when opportunity meets preparation; while bad luck is when lack of preparation meets reality”. Times, trends,…

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PICTURES OF AFRICA50 INFRASTRUCTURE EVENTS IN RWANDA

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PICTURES OF AFRICA50 INFRASTRUCTURE EVENTS IN RWANDA

Africa50 is an infrastructure investment platform that contributes to Africa’s growth . This is through developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact. The two-day General ShareHolder Meeting is from 9-10 july in Kigali, Rwanda. Want to know more about what we do @Africa50Infra? Watch our latest corporate video, which was unveiled this morning at the Opening Ceremony of our #A50GSM2019 this…

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CENTRAL BANK OF LIBERIA TO LAUNCH NEW ECONOMIC FORUM SERIES

Posted on by Gambeta News
CENTRAL BANK OF LIBERIA TO LAUNCH NEW ECONOMIC FORUM SERIES

Central Bank of Liberia (CBL) to create public awareness among key CBL stakeholders with new economic forum series. Central Bank of Liberia (CBL) is making plans to launch a new economic forum series. This series will help Economic forums to have a dialogue on topical domestic and global economic issues. According to a release by CBL, the event will be the first in a series of bi-monthly economic forums. It will aim to create public…

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GASCO COMPRESSED NATURAL GAS OPENS IN NIGERIA

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GASCO COMPRESSED NATURAL GAS OPENS IN NIGERIA

Gasco Marine unveil N2bn CNG plant due to high demand of gas in Nigeria Gasco Compressed Natural Gas (CNG) plant has been unveiled in Ogun state of Nigeria. The plant which was built by Gasco Marine Limited will redefine compression and distribution of natural gas in Nigeria. Gasco Marine CEO Bukola Badejo-Okusanya said “We are committed to taking gas everywhere there is a demand for it. He also said Promoting the use of natural gas…

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