NIGERIA AND OTHERS TO GET £150BILLION INFRASTRUCTURAL FUND FROM EU

NIGERIA AND OTHERS TO GET £150BILLION INFRASTRUCTURAL FUND FROM EU

The European Union (EU) is to disburse 150 billion Euros in four years by 2027 through its Global Gateway Initiative to Nigeria and other African countries to enhance infrastructure in over eight sectors. The EU Commissioner for International Partnerships, Jutta Urpilainen, made this known during the launch of the Global Gateway initiative on Thursday in Abuja. According to Ms Urpilainen, the Global Gateway initiative is crafted to enhance connectivity, promote sustainable development, and strengthen economic…

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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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EU TO CONSTRUCTION LONG-AWAITED MARKET IN RWANDA

EU TO CONSTRUCTION LONG-AWAITED MARKET IN RWANDA

The long-awaited construction of the Kigali Wholesale Market for fresh produce could start next year, after the European Union reached a deal with the government to fund it. The project, to be constructed under two phases, will cost an estimated Rwf29.5 billion, according to estimates from the National Agriculture Exports Development Board (NAEB). With the capacity to handle 180,000 tonnes of fruits and vegetables every year, the market was expected to serve some 100 wholesalers….

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EUROPEAN UNION TO SIGN MoU WITH MOROCCO TO ACCELERATE ENERGY TRANSITION

EUROPEAN UNION TO SIGN MoU WITH MOROCCO TO ACCELERATE ENERGY TRANSITION

The European Union has reported plans to sign a memorandum of understanding (MoU) with Morocco on the supply of critical raw materials to accelerate the energy transition.  A recent report on the Africa-EU Green Energy Initiative that is part of the Global Gateway Investment Package noted that the union has signed an MoU on critical raw materials with Namibia on the sidelines of COP 27 in Egypt. Other signings with Morocco, Uganda, South Africa, Rwanda, Senegal, Zambia,…

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138KM LONG ‘ZINDER-SORAZ-TANOUT’ BITUMEN ROAD INAUGURATED IN NIGER

138KM LONG ‘ZINDER-SORAZ-TANOUT’ BITUMEN ROAD INAUGURATED IN NIGER

On the sidelines of the celebration of the tree festival, the President of the Republic S.E.M Mohamed Bazoum inaugurated the 138 km long Zinder – SORAZ – Tanout Bitumen Road. Niger has taken a step forward in accomplishing the dream of a trans-Saharan highway that will link six countries of the Sahel and Maghreb (Algeria, Chad, Mali, Niger, Nigeria and Tunisia). In 13 January 2019, Niger’s President Mahamadou Issoufou, together with Denisa-Elena Lonette, ambassador of…

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EGYPT AND EU SIGN DEAL TO REVAMP MUSEUM IN TAHRIR

EGYPT AND EU SIGN DEAL TO REVAMP MUSEUM IN TAHRIR

Egypt get grants from EU for revamping of Museums Egypt has sign a deal with the European Union (EU) for the revamping of a museum in tahrir. The deal which is worth €3 million will be under the overall economic growth program of 15 million euros grant. The deal was sign during a joint press conference at the Egyptian Museum. It was attended by Minister of Investment and International Cooperation Sahar Nasr, Minister of Antiquities…

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EU BLACKLIST A NUMBER OF AFRICAN COUNTRIES

EU BLACKLIST A NUMBER OF AFRICAN COUNTRIES

The European Union (EU) blacklist a number of African countries due to money laundering, and their support for terrorism. Some African countries have made their way into the European Union’s EU blacklist. The reason for blacklisting them includes money laundering, support for terrorism and others. The countries which were on Wednesday included in the EU blacklist are Saudi Arabia, Panama, Libya, Nigeria and others. These countries now increases the total number of African countries in…

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