Development Archives - Page 54 of 55

RWANDA ANNOUNCE MASTER PLANS FOR NEW KIGALI CITY

Posted on 23 May 2019 by Gambeta News

Master plan for New Kigali city to be unveiled in August Plans are set in motion for the unveiling of a new Kigali city. The project is expected to lay out the city’s development roadmap for the next 30 years. The plan which is part of Rwanda 2050 vision was presented to stakeholders at the City of Kigali. During the ceremony, Fred Mugisha said people were given adequate time to provide their inputs in the…

QUANTEL TO PUMP 50MW FOR MALAWI ELECTRICITY GRID

Posted on 22 May 2019 by Gambeta News

Quantel announced plans to pump 50mw under the Bwengu Solar Park Project for Malawi electricity grid Quantel Renewable Energy is making plans to pump 50mw into Malawi electricity grid. This project was announced during the signing of 14 power purchase agreement (PPA) deal that involves different energy company. Quantel CEO Marvis Fields said ”The Bwengu Solar Park Project will has the capacity to generate 50 mw. It may also go up to 65 mwp/year translating…

GHANA PRESIDENT INSPECTS WORKS ON ODAW RIVER DREDGING

Posted on 22 May 2019 by Gambeta News

Dredging work inspection been carried-out by Ghana President Nana Addo Dankwa Akufo-Addo Ghana President Nana Addo Dankwa Akufo-Addo was on site to inspect dredging work at odaw river. The project which kick-off in 2016 was aim at allowing the free flow of stormwater. This is after it has claimed so many a life in the catchment areas. During the inspection, Dredge Masters experts showed the President pictorial designs of the overhauling process for the Odaw…

PRESIDENT SISI PLAN EXPANSION OF ENERGY SECTOR

Posted on 21 May 2019 by Gambeta News

President Sisi Plans for Energy sector expansion after meeting with Noble Energy CEO Egypt President Abdel Fattah el-Sisi has meet with delegates from Noble Energy for the expansion of the Energy sector. The meeting had in attendance Noble Energy CEO and Minister of petroleum. During the meet, President Fattah el-Sisi said ”He will ensure the full cooperation with Noble Energy. This will help strengthen research, discovery and production of natural gas effort in Egypt.” Al…

RWANDA GOVT. UNVEIL RECAPITALISATION PLANS FOR BRD

Posted on 20 May 2019 by Gambeta News

Rwanda Govt. to recapitalize the institution over a three year period worth Rwf 23 billion. Rwanda Government has unveiled a massive plans for the recapitalisation of Development Bank of Rwanda (BRD). The aim is to increase lender’s ability to fund the country’s ambitious development programme. This will help sustain financing key sectors, such as agriculture, manufacturing, housing, and exports, among others. The plan will be to recapitalize the institution over a three year period. This…

MALAWI PRESIDENT OPENS KASAMA COMMUNITY TECHNICAL COLLEGE

Posted on 7 May 2019 by Gambeta News

President Peter Mutharika plans more community technical college construction after Kasama unveiling. Malawi President Peter Mutharika has open the Kasama Community Technical College in Chitipa. The college is aim at developing skill labours that can help growth the nation economy. Speaking during the opening ceremony of the state of the art facility, President Mutharika made the commitment to build more. According to him, it is one of many community technical colleges that will be established…

GANTA CITY GROUNDBREAKING CEREMONY FOR HALL CONSTRUCTION IN LIBERIA

Posted on 7 May 2019 by Gambeta News

Ganta city Authority plans to build a multipurpose city hall that will be an event centre for families. Plans are in motion after the ground breaking ceremony for the construction of a multipurpose city hall at Ganta city. The Hall which is worth US$500,000 will contain offices, guest rooms, conference halls, along with other modern facilities. During the ceremony, Ganta city Major Amos N. Suah said ”The building will make kids have a place to…

GHANA VP UNVEIL PLANS FOR MILITARY SPORT COMPLEX

Posted on 7 May 2019 by Gambeta News

Ghana VP unveils military sport complex plans Construction of Tamale military sport complex is in motion after the SOD cutting ceremony by Ghana Vice President. During the occasion, Ghana Vice President said similar sports complexes would be constructed in all garrisons across the country. The aim of the project is in line with government plans to help the military. It will also transform the security services into world class security institutions. Vice President Dr Mahamudu…

2019 GRADUATE TRAINEE RECRUITMENT AT EY, NIGERIA

Posted on 2 May 20192 May 2019 by Gambeta News

EY is a global leader in Assurance, Tax, Transaction and Advisory services. The insights and quality services they deliver help build trust and confidence in the capital markets and in economies the world over. They develop outstanding leaders who team to deliver on our promises to all of our stakeholders. JOB DESCRIPTION AT EY As a Graduate Trainee, you will experience on-going professional development. This will be through our world-class learning and mentor programs, building…

GERMANY ISSUES GRANTS TO GHANA’s TERTIARY EDUCATION

Posted on 15 March 2019 by Gambeta News

Germany issues grants worth 200,000 Euros to two tertiary institution in Ghana. Ministry of Culture and Science of the North-Rhine Westphalia State in Germany has issues grant worth 200,000 Euros to Ghana. This will be use to enhance technical education in the country for two universities. The grants will be for Koforidua Technical University (KTU) and the Ho Technical University. It will aim to boost their capacity and make them embark on a five-year projects to improve the quality and relevance of courses they offered….

IFA SECURE FUNDS FOR INFRASTRUCTURE DEVELOPMENT IN AFRICA

Posted on 5 March 20195 March 2019 by Gambeta News

IFA gets fund for infrastructure development in six African nations Investment fund Africa IFA has secure US$6 billion for infrastructure development in Africa. This IFA fund is the first phase of its drive towards infrastructure development in Africa. The deal was announced during an interview with investment fund’s chairperson and chief executive Neil de Beer. According to Neil, the lack of modernization, infrastructure and the backlog in Africa inspired the project-focused business. He also said that the…

RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

Posted on 6 February 20198 February 2019 by Gambeta News

Rwanda signs deal to extract methane gas from Lake Kivu The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but was announced yesterday (5 February 2019). At the signing ceremony, representing Rwandan government was; the Rwanda Mines, Petroleum and Gas Board (RMB) and the Rwanda Development…

BEST COUNTRIES TO INVEST IN AFRICA 2019

Posted on 31 January 20191 February 2019 by Gambeta News

RMB gives report on best countries to invest in Africa for 2019 Many investors are in search of the best countries to invest in Africa; as Africa is fast rising to become a very fertile investment destination. The continent is in dire need of roads, rails, ports, airports, power grids and IT systems. All of these do not only form the infrastructure needed to help grow the African economies; but they also serve as investment…

PLANS UNDERWAY TO BUILD INDUSTRIAL HUB IN LIMPOPO

Posted on 24 January 201924 January 2019 by Gambeta News

Construction plans for Marula Industrial Hub in Limpopo is underway. South Africa is making plans to build a multi-million dollar hub in the heart of Limpopo. The hub will help boost processing facilities. It will have a research centre plus also have every agri-business support service. These services will help support rural farmers and small businesses. This plan will help develop the agri-industry and also build more connections with neighboring nations. The project will also…

RWANDA AND ALIBABA GROUP SIGN AGREEMENT TO HELP BOOST ECONOMIC DEVELOPMENT

Posted on 5 November 2018 by Gambeta News

Rwanda and Alibaba sign an electronic world trade platform (eWTP) agreement to help boost economy. The Rwandan government and Alibaba Group, a leading international online commerce company; have signed three (3) Memoranda of Understanding (MoU) to help boost the country’s economy. Under the agreement, Alibaba have also established an electronic world trade platform (eWTP) hub in the small East African nation. This have also made Rwanda the first country in Africa to establish an eWTP…

NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

Posted on 5 November 2018 by Gambeta News

KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment. To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit). InfraCredit is a specialised infrastructure credit enhancement facility by the Nigeria Sovereign Investment Authority (NSIA). NSIA purpose for establishing InfraCredit is to in fact effectively help enhance infrastructure investments in Nigeria. The 10-year…

CHAD TO RECEIVE US$125m SUPPORT FROM WORLD BANK

Posted on 31 October 2018 by Gambeta News

Chad to get US$125 million developmental support from World Bank To help support developmental projects in the Chad; World Bank have announced a US$125 million support for the Central African country. Acoording the the Bank, the support will two frameworks. The signatories for the support agreement were Chadian minister of economy, Issa Doubragne on behalf of the government and World Bank resident representative, François Nankobogo. The World Bank support will also provide budget support to…

NIGERIA SIGN MoU WITH JAPAN ON INFRASTRUCTURE INVESTMENT

Posted on 14 September 2018 by Gambeta News

Nigeria and Japan sign MoU on Infrastructure Investment. For the promotion of quality infrastructure investment between Nigeria and Japan, both countries have signed a memorandum of understanding (MoU). Representing both countries for the MoU signing in Abuja was Nigeria’s minister of transportation Rotimi Amaechi and Japan’s State Minister of Land, Infrastructure, Transport and Tourism, Tsukasa Akimoto. Nigeria as a developing country have a huge problem of infrastructural deficit. Japan have identified this problem and is…

CHINA OFFERING US$60bn IN FINANCING FOR AFRICA

Posted on 4 September 2018 by Gambeta News

China to support African development with US$60 billion China president Xi Jinping yesterday said the Chinese government will be financing Africa with US$60 billion. He added that Chinese companies will also invest at least US$10 billion over the next three years. He made this statement at the opening ceremony of the African leaders summit in Beijing. Mr. Jinping said the fund will support developments that Africans can see and touch. The developments/projects will also be green and…

TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

Posted on 27 July 201827 July 2018 by Gambeta News

Tanzania will benefit from US-led initiative to invest in gas plants in Africa. US companies will invest US $175 bn in gas power projects in Tanzania and eight other African countries. Other countries include Kenya, Côte d’Ivoire, Ghana, Nigeria, Senegal, Angola, Mozambique and South Africa. The countries were picked for there large populations, high gross domestic product. As well as there local gas resources or are planning liquefied natural gas (LNG) import projects. Hence, the…

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