Dangote Group seals deal with Ethiopia on $2.5bn fertilizer plant - ITREALMS

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Major move to industrialize Africa's agriculture and enhance food security has led Dangote Group and the Government of Ethiopia, through its strategic investment arm Ethiopian Investment Holdings (EIH), following a shareholder agreement to build a world-class urea fertilizer production complex, reports ITREALMS.

The ambitious project, valued at up to $2.5 billion, will be one of the largest industrial investments in Ethiopian history. It will establish a single-site urea fertilizer complex in Gode, with a massive production capacity of up to 3 million metric tons per annum. This scale will place the facility among the top five largest urea complexes globally.

Interswitch seals deal with Multipay Congo for DRC - ITREALMS

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One of the Africa’s leading integrated payments and digital commerce companies operating in over 14 countries in the continent, the Interswitch Limited and Multipay Congo, a leading integrated payments service provider in the Democratic Republic of the Congo (DRC), have joined forces to enhance the payments ecosystem in the DRC, reports ITREALMS.

The partnership, which is a response to the rapidly evolving and expanding demands of the DRC market, will enable Multipay Congo to leverage Interswitch’s technology and expertise to deliver innovative and secure digital payment solutions to the Congolese market, supporting financial inclusion, driving digital transformation, and boosting economic growth in the country.

BREAKING NEWS: Police seals Anambra House of Assembly Complex - ITREALMS

ITREALMS:

The Anambra State Police Command, has sealed the premises of the Anambra State House of Assembly complex in Awka, capital of the state, reports ITREALMS.
ITREALMS recalls that the Speaker of the Anambra State House of Assembly, Hon. Rita Maduagwu, was reportedly impeached in what industry watchers described as a minority drama on late Tuesday afternoon.

Report also has it that she was allegedly impeached by 20 of the 30 members of the House on Tuesday with a motion moved by Ikem Uzozie, member representing Aguata II constituency, and seconded by Onyebuchi Offor of Ekwusigo Constituency. Following which, Mr. Uzozie claimed he was appointed the new speaker of the house.

But reacting Wednesday, the embattled speaker, Hon. Maduagwu said the claim was false as those seeking her impeachment lack the majority which is two-third of members to remove her or governor of the state.

She, however, took control on Thursday by holding a session with a reportedly 11-man member and subsequently invited the Police to seal the premises.

However, confirming this in a press statement late Thursday, the Commissioner of Police, Anambra State Command, through the Police Public Relations Officer, SP Haruna Mohammed informed ITREALMS that this has become necessary due to breach of public peace, Thursday.

In a notice of the seal made available to ITREALMS, the Police claimed the leadership of the Assembly invited them to take over, seal off and secure the entire premises.

This, Haruna said, was contained in a letter addressed to the Commission of Police with effect from 6pm Thursday, November 15, 2018.

Although the Police did not reveal which of the leadership being referred here, but explained this measure was proactive to avert possible breakdown of law and order in the Assembly.

"The Command implores members of the Public to stay away from the House of Assembly premises till further notice. Civil servants working at the Assembly Complex are advised to report at the office of the Head of Service for further directives," he said.

Further, Haruna said the Command solicits the co-operation of Ndi Anambra in this regard and assures all citizens and residents of its determination to provide adequate security in the State,

Ozo Nweke Ozo/GEE

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