Proposal Archives - Gambeta News

AFRICAN LEADERS PROPOSED REQUEST TO CANCEL EXTERNAL DEBTS

Posted on May 5, 2020 by Gambeta News

The novel virus has cause African nations to dedicate more resource to their various health care sector more than ever. With that in mind, the continent leaders plans to request for their external debts to either be reduced or totally removed. If the nations are dedicating between 15% and 30% of their budgets to pay the high interest on their external debt, how do they do it? The plan is to invest in health and…

UAE COMPANY TO CONSTRUCT DESALINATION PLANT IN EGYPT

Posted on November 13, 2019 by Gambeta News

Egypt Government analysing proposal from UAE company for the construction of a desalination plant Egypt Government has announced they has received offer from a UAE company to construct a desalination plant in the nation. The proposal for the construction which is worth US$800m will have a total capacity of 500,000 cubic metres per day. Deputy Minister of Housing, Osama Hamdy made the statement to the press. According to him, a committee has been formed to…