INFRASTRUCTURE Archives - Page 86 of 88

ZERA TO REDUCE POWER OUTPUT IN ZIMBABWE

Posted on April 18, 2019 by Gambeta News

ZRA reduction of water allocated for electricity generation affecting both ZERA and ZESCO. Zimbabwe Energy Regulatory Authority (ZERA) to reduce the power output by 5.3 percent to 445 megawatt. After Zambezi River Authority (ZRA) cut the water allocation for electricity generation. ZRA reduce the water allocated for ZERA from 38 billion cubic metres to 36 billion cubic metres. The reduction of the water was at anchor power station, Kariba South which is river basin between Zambia and Zimbabwe. According…

GHANA HOUSING SECTOR FACE TWO MILLION DEFICITS

Posted on April 18, 2019April 18, 2019 by Gambeta News

Ministry of Housing and Work inaugurate committee to tackle housing sector deficit in Ghana. Minister for Work and Housing, Samuel Atta Akyea has revealed that Ghana housing sector is facing two million deficits. By this analysis, the government will now need to build 190,000 to 200,000 units of houses each year. This houses will be build for the next 10 years before they can bridge the deficit gap. Samuel Atta Akyea said “Unfortunately, this is a sorry situation…

TANZANIAN TEAM UP WITH UGANDAN IN OIL EXPLORATION

Posted on April 17, 2019 by Gambeta News

Tanzanian And Ugandan Collaborate in Oil Exploration Tanzanian Energy Minister, Dr Medard Kalemani said Tanzania have teamed up with Ugandan to conduct oil exploration at various areas in Tanzania. The Minister said this at a recent workshop for the parliamentary committee on energy and minerals members. He also said that the ministry have set up a joint team to carry out the oil explorations. This joint team will enable experts from Tanzania borrow experience from their…

KENYA CLIMBS TO THIRD ON LARGEST TOURISM ECONOMY IN SUB-SAHARAN AFRICA

Posted on April 16, 2019 by Gambeta News

WTTC ranked Kenya as third largest tourism economy in sub-saharan Africa. According to report from World Travel and Tourism Council (WTTC), kenya has move to third just behind South Africa and Nigeria as the largest tourism economy in Sub-Saharan Africa. The growth just demonstrate how well the nation has progress over the last decade. In 2018, Travel and Tourism grew 5.6 percent to contribute Sh790 billion and 1.1 million jobs to the Kenyan economy. This growth is faster than the global average of…

UGANDA GOVT. DRAFTING NEW POLICIES FOR OIL MONIES

Posted on April 16, 2019 by Gambeta News

Uganda Government drafts new policies to monitor Petroleum Fund spendings. Uganda Government has conclude plans to draft three policies that will help monitor the spending of Petroleum Fund. These policies will follow the guidelines set-out in the Public Finance Management Act (PFMA) of 2015. The Ministry of finance is responsible for the overall management of the Petroleum Fund and shall oversee the transfer into and the disbursements from the Petroleum Fund. The Petroleum Fund is under the Public Finance Management…

PICTURES OF AFROSTRUCTURE EVENT IN KENYA

Posted on April 16, 2019 by Gambeta News

Raila Odinga addressing infrastructure juggernaut at the AfroStructure Event. Former Prime Minister of Kenya Raila Odinga‏ is the speaking at the AfroStructure events in Kenya. This event is centred on improving infrastructure as well as financing. The aim of the seminar is to showcase how decisive infrastructure can play an important role in any nation. We are here to discuss a solemn subject; infrastructure financing.In the journey of a country's or a continent’s progress towards…

SOUTH AFRICA PLANS JOINT INVESTMENT PROJECT WITH IRAN

Posted on April 15, 2019April 15, 2019 by Gambeta News

Plans are in motion for South Africa and Iran Joint investment project. South Africa is set to enhance economic cooperation and carrying out joint investment projects in various fields with Iran. This remark was made during a conference on foreign investment opportunities in the southern Province of Hormuzgan. Mazwi Khumalo who is the Ambassador of South africa to Iran said that ”South Africa is a partner to a telecommunication project in Iran.” He also said that Iran…

RWANDA GOVERNMENT TO REVAMP RUSUMO BORDER

Posted on April 15, 2019 by Gambeta News

Revamping of Rwanda Biggest border set to kick-off after tour by government officials Plans are in motion for the revamping of Rusumo border by the Rwanda Government. The aim of the revamp is to boost trade and also increase their capacity to cope with the growing traffic of cargo. The plans was announced during a tour by government officials to know the challenges facing the border post. After the tour, the officials held a closed door…

AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

Posted on April 15, 2019 by Gambeta News

InfraCredit aims to support up to $1.25 billion in infrastructure after approval from AFDB. Africa development bank (AFDB) has approve US$15 million for investment package to infrastructure Credit Guarantee Company (InfraCredit). The fund will be use to help support infrastructure financing through the domestic debt capital markets in Nigeria. InfraCredit is a specialized infrastructure credit guarantee company that is focus on enhancing credit local currency debt instruments – mainly bonds. It is use to uplift the credit rating of…

EGYPT’s ARMY ENGINEERING AUTHORITY GETS FUND FOR DESALINATION PLANT

Posted on April 15, 2019 by Gambeta News

SCZone to issue EGP 1.3bn as cost for establishing a seawater desalination plant. Egypt’s engineering authority of the Army forces has receive fund for its desalination plants. The funds which is worth EGP 1.3bn is from Suez Canal Economic Zone (SCZone). It will be use as part of the cost for establishing a seawater desalination plant in the southern area. Vice President of SCZone, Mohamed Shaaban said ”The desalination plant has a production capacity of 100,000 cubic…

AFRICA UNION SAYS HIGH-SPEED RAIL NETWORK ON TRACK

Posted on April 12, 2019 by Gambeta News

Africa Union making plans for High-speed rail Network which will connect all Africa countries. Africa Union (AU) has announce that the planned high-speed rail network is on track. The rail which will be use to connect Africa continent borders by 2063, will help ease movement goods and people across Africa. According to AU, the only problem facing the project will be corruption as it will derail the goal of the project. The aim is to improve the…

GHANA SIGN CREDIT FACILITY DEAL WITH CZECH REPUBLIC

Posted on April 11, 2019 by Gambeta News

Ghana sign credit facility deal with Czech Republic to provide 50 steel bridges. In a bid to improve steel component for the construction of new bridge, Ghana has sign a deal with Czech Republic. This deal which is a 47 million Euro credit facility will make Czech Republic to provide 50 steel bridges. The steel bridge will be provided for selected communities across the country. It will also satisfying the basic human needs by increasing accessibility to hospitals, schools…

ZIMBABWE’s CHILONGA BRIDGE REPAIR TO COST US$20M

Posted on April 11, 2019 by Gambeta News

Chilonga Bridge repair to cost US$20m after consultant working on the project said insufficient fund is holding it. Plans are underway to repair the Chilonga Bridge which was swept away during the Cyclone-Eline-induced floods in 2000. This is after the consultant working on the project unveil the repair amount to be US$20m. According to the consultant, RTGS$8 million availed by the Government is insufficient to complete the work. Meanwhile, resident has faced serious challenges especially when it comes…

EGYPT HOUSING MINISTRY SET TO ESTABLISH 1.1M RESIDENTIAL UNIT

Posted on April 11, 2019 by Gambeta News

Ministry of Housing considering establishing a 1.1m residential unit by implementing the sustainability concepts in Egypt. Ministry of Housing in Egypt is making plans to build 1.1million residential unit over the next five years. This is after the newly established urban communities became one of the engines of economic growth in Egypt. The Ministry is only waiting for the recommendation form the LafargeHolcim Forum. This forum which is in its 6th year was focus on “Re-materializing construction” in…

ZERA TO LICENSE INDEPENDENT POWER PRODUCERS (IPPs)

Posted on April 2, 2019 by Gambeta News

ZERA to issue 12 independent power producers (IPPs) license to operate in Zimbabwe Zimbabwe Energy Regulatory Authority (ZERA) is set to license 12 independent power producers. This new plan will help the country’s power deficit gap to be slashed significantly. The aim is to increase the nation power producing firm which currently have stands at 30 IPPs. Meanwhile, out of the 30 IPPs only eight of those have taken off and were currently operational. ZERA Acting CEO,…

CHINA OFFERED TO REBUILD INFRASTRUCTURE IN CHIMANIMANI AFTER CYCLONE IDAI

Posted on March 22, 2019March 22, 2019 by Gambeta News

China offered to help in the rebuilding of different infrastructure in Chimanimani town, Zimbabwe after Cyclone Idai. Chinese Government has offered to rebuild infrastructure in Chimanimani town, Zimbabwe. This is after the town was hit with Cyclone Idai that swept through the country during last weekend disaster. The Cyclone Idai disaster which claimed at least 300 lives saw roads, bridges, schools and clinics destroyed. During a ceremony held for victims of the cyclone, Chinese deputy ambassador to Zimbabwe Mr Zhao Baogang…

UGANDA GOVERNMENT TO COMMISSION ISIMBA HYDROPOWER DAM

Posted on March 21, 2019March 21, 2019 by Gambeta News

President Kaguta Museveni will later today commission the Isimba Hydropower Dam Uganda Government will today commission the Isimba Hydropower Dam project. The 183MW Isimba Hydropower Dam will help address the shortage of power and also increase the nation capacity to 1000MW. Pres. @KagutaMuseveni will today commission the 183MW Isimba Hydro Power plant in Kayunga district. The Shs 2 trillion dam will bring #Uganda’s installed capacity to 1000MW. #IsimbaCommissioning 📸 @UegclOfficial pic.twitter.com/M8WnoJtukh — Government of Uganda (@GovUganda) March…

KENYA SEEKS ANOTHER LOAN FROM CHINA FOR RAILWAY PROJECT

Posted on March 20, 2019 by Gambeta News

Kenya seeks for another funds to complete stage three of the standard gauge railway. Kenya is seeking for fund from China to complete the third phase of the standard gauge railway. The negotiating is a loan worth Sh 370 billion that will ensure passengers, goods and equipment are secure during their journey from Mombasa to Malaba in Busia County. Kenya Railways Acting Director Philip Mahinga said “We all know that the first phase of SGR from Mombasa to Nairobi cost Sh…

GERMANY ISSUES GRANTS TO GHANA’s TERTIARY EDUCATION

Posted on March 15, 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….

REHABILITATION OF BEITBRIDGE-HARARE ROAD ON TRACK IN ZIMBABWE

Posted on March 14, 2019 by Gambeta News

Beitbridge-Harare Road rehabilitation on track in Zimbabwe Rehabilitation process is on track for the Beitbridge-Harare Road in Zimbabwe. The project will help connect resident in Harare to different part of the nation. Meanwhile, It will be under the Central Mechanical Equipment Department (CMED). The rehabilitation which is worth US$700 000 have a deadline of three-and-a-half years for completion. According to the Minister of Transport and Infrastructural Development Joel Biggie Matiza the project will be monitor all the time. Joel Biggie…

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