Development

CONSTRUCTION OF ABDULAZIZ UNIVERSITY HOSPITAL SET TO BEGIN IN TUNISIA

Posted on by Gambeta News
CONSTRUCTION OF ABDULAZIZ UNIVERSITY HOSPITAL SET TO BEGIN IN TUNISIA

The construction works of King Salman bin Abdulaziz University Hospital in Kairouan are expected to begin before the end of the first half of 2024, after the resolution of problems and difficulties, said a Prime Ministry statement The same source added that the progress rate of the road-works and external infrastructure of this hospital has reached 20%. The fourth meeting of the High Committee for Accelerating Public Projects, chaired on Monday by Prime Minister Ahmed…

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TRANSPORT MINISTER APPROVED SIX ROAD CONSTRUCTION IN THE GAMBIA

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TRANSPORT MINISTER APPROVED SIX ROAD CONSTRUCTION IN THE GAMBIA

The Minister of Transport, Works and Infrastructure (MoTWI), Ebrima Sillah, has said six out of nine ongoing road construction projects have been awarded to local contractors, in order to promote Gambian engineers in the area of road construction. Minister Sillah made this statement as his Ministry and partners commenced visits to some of the ongoing road construction projects within the North Bank and West Coast Regions. The team visited Numi Hakalang and Kerewan | Njawara…

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NIGERIA UNIVERSITY GET MASSIVE 600M POWER PLANT

Posted on by Gambeta News
NIGERIA UNIVERSITY GET MASSIVE 600M POWER PLANT

Azura Power West Africa Limited has donated two plants which value is about N604 million to the University of Nigeria Nsukka (UNN), Enugu State, as part of its Corporate Social Responsibility. Performing the ground-breaking ceremony at the Faculty of Engineering, UNN, the Managing Director of Azura Power West Africa, Mr Edu Okeke, said the inauguration of the 240KW solar project and a car park was to support the university community to strengthen academic performance and…

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LIBERTY CORRIDOR PROJECT AGREED IN LIBERIA

Posted on by Gambeta News
LIBERTY CORRIDOR PROJECT AGREED IN LIBERIA

The Mano River Union (MRU), representing the collective interests and development aspirations of our member states, is delighted to express its full support for the recent announcement made by High Power Exploration Inc (HPX) regarding a pioneering agreement–a Letter of Intent with the Government of Liberia and the Guma Africa Group Ltd. This agreement marks the initiation of negotiations to establish a groundbreaking multi-user infrastructure project, known as The Liberty Corridor, aimed at connecting Guinea…

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HOW AfDB US$40M MOZA FACILITY WILL BENEFIT ZIMBABWE GOVT.

Posted on by Gambeta News
HOW AfDB US$40M MOZA FACILITY WILL BENEFIT ZIMBABWE GOVT.

The African Development Bank’s (AfDB) US$40 million loan to Mozambique’s State-owned rail and port authority, Portos e Caminhos de Ferro de Moçambique EP (CFM), will help neighbouring countries, including Zimbabwe, the regional bank has said. The commitment by the AfDB is a corporate loan that will enable CFM to finance the purchase of rolling stock (locomotives, wagons and tank containers) for its main corridor, the Ressano Garcia railway line. This line generates more than 90%…

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FMBN SET TO REVAMP HOUSING DEMAND FOR NIGERIAN

Posted on by Gambeta News
FMBN SET TO REVAMP HOUSING DEMAND FOR NIGERIAN

The Federal Mortgage Bank of Nigeria has expressed its readiness to revamp and transform its operational activities to meet the housing demands of Nigerians. The Managing Director of the Bank, Madu Hamman, gave the commitment at its 2024 Management Retreat held on Friday in Niger State. The retreat was themed “Transformational Innovation for Sustainable Development in Uncertain Times.” He said the transformation was to rapidly reform and innovate towards meeting Nigeria’s housing shortfall through the…

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REPAIR WORKS ONGOING AT TERMINAL 3 OF GHANA’s KIA AIRPORT

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REPAIR WORKS ONGOING AT TERMINAL 3 OF GHANA’s KIA AIRPORT

Repair works are ongoing at the Terminal 3 of the Kotoka International Airport (KIA). The works are being undertaken on some portions of the ceiling of the terminal for international traffic, which has developed some defects. A statement issued in Accra by the Ghana Airports Company Limited (GACL) said management had identified the areas of Terminal 3 that had leakage marks on the ceilings and were working to resolve the issue. It said the challenge…

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BOSTWANA & ZAMBIA GOVT IN A POWER STRUGGLE OVER KAZUNGULA BRIDGE AUTHORITY

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BOSTWANA & ZAMBIA GOVT IN A POWER STRUGGLE OVER KAZUNGULA BRIDGE AUTHORITY

Almost three years after the completion of the Kazungula Bridge, the governments of Botswana and Zambia are reportedly entangled in a silent power struggle over the establishment of the Kazungula Bridge Authority. The project, designed to connect the SADC region from Durban to Kinshasa, has hit a roadblock, leading to potential collapse due to differences between the two countries. Investigations by The Voice reveal that the joint project has strained relations between Botswana and Zambia,…

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REMA SET TO EXPAND NYANDUNGU ECO-TOURISM PARK IN RWANDA

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REMA SET TO EXPAND NYANDUNGU ECO-TOURISM PARK IN RWANDA

Nyandungu Eco-tourism Park (NEP), a recreational space and wildlife habitat in the City of Kigali, is poised for a significant expansion, according to the Rwanda Environment Management Authority (REMA). Currently spanning 121 hectares, encompassing 70 hectares of wetland and 50 hectares of forest with more than 62 indigenous plant species, the park is slated to get an additional 43 hectares. Nearly 200 bird species that had migrated due to wetland degradation returned to the park…

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HUGE BOOST AS TOGO MINISTRY OF ENERGY GETS MASSIVE DEVELOPMENY FUNDS

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HUGE BOOST AS TOGO MINISTRY OF ENERGY GETS MASSIVE DEVELOPMENY FUNDS

The Ministry of Energy of Togo has been allocated a provisional budget of CFA57 billion under the 2024 finance bill.  With the funds, the Ministry will accelerate existing projects aimed at achieving universal access to power in Togo. In detail, the money will finance the CIZO off-grid project, the PRAVOST (which is the social component of the CIZO), the Tinga project, and various mini-grid projects in rural areas. The financing should also help further expand…

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BULAWAYO-NKAYI ROAD OPENS TO THE PUBLIC IN ZIMBABWE

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BULAWAYO-NKAYI ROAD OPENS TO THE PUBLIC IN ZIMBABWE

The Government has opened to the motoring public a completed section of the Bulawayo-Nkayi Road near Turk Mine in Bubi District with the Government committing to avail more funds to complete the targeted portions of the road project. While the road section had been closed for more than two years with motorists using a detour, the Government recently partially opened the road from just close to Mbembesi, covering about 2km. The contractor has been given…

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NIGER AND MALI GOVT. INVITE BIDDERS FOR ENERGY PROJECTS

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NIGER AND MALI GOVT. INVITE BIDDERS FOR ENERGY PROJECTS

The governments of Mali and Niger are inviting bids without prequalification for the design, supply, assembly, operation, and maintenance of battery energy storage systems in their states. The project is divided into two lots as follows: Lot 1: Design, supply, installation, operation and maintenance of battery energy storage systems in Mali. The installation site will be the Sirakoro source station in Bamako and the capacity of the planned batteries is 80 MWh. The execution time for the…

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TECHNIAL ISSUES DISTRUPT POWER OUTAGE AT ROBERT INTERNATIOAL AIRPORT, LIBERIA

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TECHNIAL ISSUES DISTRUPT POWER OUTAGE AT ROBERT INTERNATIOAL AIRPORT, LIBERIA

The management of the Roberts International Airport has issued an apology for the disruption in the supply of electricity at the airport. In a statement, the airport’s authority said this is due to technical glitches being experienced by its primary and secondary power sources. The statement signed by Mr. Jero Mends-Cole, Port Manager Officer-in-Charge states: “The Management of the Liberia Airport Authority-Roberts International Airport informs the public, airlines and port users of technical glitches being…

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HOW MOROCCO WATER SCARITY DROP TO 23% AMID DAM DROUGHT

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HOW MOROCCO WATER SCARITY DROP TO 23% AMID DAM DROUGHT

Several national dams are experiencing severe water stress, edging perilously close to an imminent drought. Amidst the ongoing water crisis plaguing the country, Moroccan dams are grappling with a continuous decline in water levels, recording a mere 23% filling rate at the end of the week across all national dams.  The low rate marks a drop from the 31% record a year earlier, according to data from the Ministry of Equipment and Water reported by…

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TOGO GOVT. ANNOUNCED PLANS TO SPEND CFA84BILLION ON ROAD DEVELOPMENT

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TOGO GOVT. ANNOUNCED PLANS TO SPEND CFA84BILLION ON ROAD DEVELOPMENT

Togo plans to spend CFA84 billion on road development projects this year. This is 98% of the forecast budget of the Ministry of Public Works (MTP), i.e. 85 billion FCFA, under the 2024 finance bill. The country will use part of the money to asphalt 180 km of roads, according to the Ministry of Public Works. Another part will serve to develop and asphalt around 206 km of roads. According to the Ministry, “the projects could…

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LIBERIA NEW PRESIDENT ANNOUNCED ROAD EXPANSION AS TOP PRIORITY

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LIBERIA NEW PRESIDENT ANNOUNCED ROAD EXPANSION AS TOP PRIORITY

Liberia’s new President Joseph Nyumah Boakai has vowed road expansions and improvements as a top priority for his Administration. This commitment was contained in his first State of the Nation Address (SONA). Boakai campaigned on road development as a top priority in seeking to relieve the country of years of economic stagnation and ensure better transportation access across the oldest African Republic. In his address on Monday, he said there has been some progress in…

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KILLARNEY GARDEN HOUSING PROJECT ON HOLD ON SOUTH AFRICA

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KILLARNEY GARDEN HOUSING PROJECT ON HOLD ON SOUTH AFRICA

The Killarney Gardens housing project, intended to alleviate overcrowding in Dunoon’s informal settlemen has ground to a halt. Announced by former Minister of Human Settlements Lindiwe Sisulu in April 2020 at the peak of the Covid-19 pandemic, it was initially going to provide accommodation for 1,500 families. After lengthy delays and legal wrangling over town planning objections and appeals, site works eventually got under way by July 2022, raising the hopes of housing beneficiaries. But the…

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CONSTRUCTION OF MNANGAGWA HIGH SCHOOL BEGINS IN ZIMBABWE

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CONSTRUCTION OF MNANGAGWA HIGH SCHOOL BEGINS IN ZIMBABWE

The construction of the Emmerson Dambudzo Mnangagwa High School in Mutoko has commenced, with the material required now at the site. Construction of this High School, which is being built in Ward 13 came after former Zanu PF Member of Parliament for Mutoko South constituency, Cde Hebert Shumbamhini, appealed to the President for a boarding school in his constituency and President Mnangagwa promised the Mutoko people that the school be built. Yesterday, Mashonaland East Secretary…

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ONEE SIGNED DEAL WITH MOROCCO ENERGY COMPANY TO DECARBONIZE FUEL POWER PLANT

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ONEE SIGNED DEAL WITH MOROCCO ENERGY COMPANY TO DECARBONIZE FUEL POWER PLANT

The National Office of Electricity and Drinking Water (ONEE) has announced signing a deal with Moroccan energy company Nareva, and GE Vernova’s Gas Power branch aiming to decarbonize the Laayoune fuel power plant.  According to a statement released on Tuesday, the Memorandum of Understanding (MoU) involves converting the power plant to run on green hydrogen, making it the first of its kind in Africa. The collaboration puts Morocco one step ahead in its broader strategy…

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ADB SIGN €100MILLION DEAL TO HELP AFRICAN ECONOMIES

Posted on by Gambeta News
ADB SIGN €100MILLION DEAL TO HELP AFRICAN ECONOMIES

The African Development Bank (ADB) and the European subsidiary of Attijariwafa – Attijariwafa Bank Europe – signed a €100 million risk-sharing agreement on Thursday, aiming to enhance the competitiveness of African economies. Risk-sharing agreements will incentivize the Attijariwafa Bank Group to issue more loans for clients that are usually considered subprime, as the ADB has agreed to step in to mitigate the financial loss caused by these customers defaulting on loan payments. The signing ceremony…

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