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Tanzania plans to invest $1.9bn/y in energy projects to 2025

By: Reuters     25th May 2016 Tanzania plans to invest $1.9-billion each year to 2025 in energy projects in a bid to end power shortages and boost industrial growth in East Africa's second-biggest economy, its prime minister said. Tanzania aims to boost power generation capacity to 10 000 MW from around 1 500 MW at present,... 

Five-year funding plan to overcome challenges

     20th May 2016 Independent global charitable foundation, the Wellcome Trust has committed £21-million to the Developing Excellence in Leadership, Training and Science (Deltas) Africa initiative, which aims to improve health in Africa through research driven by the most urgent regional challenges. 

Tanzania to spend $2bn on transport, construction in 2016/17

By: Reuters     19th May 2016 Tanzania's parliament has approved government plans to spend 4.89-trillion shillings ($2.24-billion), or 17% of total spending, in the 2016/17 fiscal year, half of it on transport infrastructure. Tanzania, like its neighbour Kenya, wants to profit from its long coastline and upgrade rickety... 

UN expert urges African utilities to improve policies, pricing

By: Kim Cloete     17th May 2016 African power utilities have been urged to adopt good policies and pricing and be at the forefront of change or risk being left behind. “Africa contributes less than 3% of manufacturing globally. That is unacceptable. Our population will be 1.4-billion by 2030 and two-billion by 2050. We need to... 

South African Industry Has New Infrastructure Opportunities In Sub-Saharan Africa If They Take Long-Term View

     16th May 2016 In the face of growing international competition in Sub-Saharan Africa, South African-based companies need to take a long-term strategic view of the region and how best to take advantage of the opportunities presented by the demographic, industrial and energy evolution that is taking place. “Low... 

South Africa's Transnet steams into rest of Africa

By: Reuters     13th May 2016 South African state rail-freight operator Transnet is embarking on a major expansion drive in the rest of the continent, offsetting a slowdown at home caused by the slump in commodity prices, chief executive Siyabonga Gama said on Wednesday. Transnet, which operates nearly three quarters of all... 

Tanzania aiming to become East Africa’s regional transport hub

By: John Muchira     13th May 2016 Tanzania is determined to implement transport infrastructure megaprojects in a bid to become East Africa's regional transport hub. The country, which is investing massively in port, airport and railway projects, has earmarked $445.6-million in the current financial year budget for the... 

World Bank suggests new measure to address effects of drought in African dry-lands

By: African News Agency      11th May 2016 The World Bank says irrigation, improved crop production technologies, soil fertility management and adding trees to current farming systems could help reduce the impact of drought in Africa’s dry-lands by half and help save an estimated 5.5-million people annually from food insecurity. In a new... 

BASF increases its footprint in Ivory Coast

     11th May 2016 BASF, the world's leading chemical company, establishes a legal entity in Ivory Coast to enable future growth opportunities. BASF is looking at Ivory Coast as the hub country for West Africa French Speaking countries and has expanded its capabilities considerably to continue innovating in this... 

South Africa approves SABMiller, Coke bottling deal with conditions

By: African News Agency      11th May 2016 South Africa's Competition Tribunal on Tuesday conditionally approved a SABMiller and Coca-Cola deal to combine their African soft drink operations into what would be the continent's biggest Coke drinks bottler. In a bid to fast-track the antitrust probe, SABMiller and Coca-Cola struck a deal... 

Car and bakkie exports into Africa declined for third year running in 2015

By: Irma Venter     6th May 2016 South African car and bakkie exports into Africa declined for the third year in a row in 2015, falling from 79 228 units in 2012, to 77 589 units in 2013, 60 189 units in 2014, and 41 446 units last year – this according to the Automotive Industry Export Council’s newest Automotive Export Manual,... 

Ethiopia likely to face green opposition over new hydropower plan

By: John Muchira     6th May 2016 Ethiopia could be headed for another round of confrontation with environmentalists following the announcement of plans to construct another hydropower plant on the contested Omo river. The Horn of Africa nation managed to silence conservationists opposed to the Gilgel Gibe III project, which... 

Company prepared for civil projects decrease

By: Nadine James     29th April 2016 Construction chemicals producer Chryso Southern Africa continues to innovate and expand, offsetting the decrease in major civil projects. Chryso Group VP and Chryso South Africa (SA) CEO Norman Seymore notes that, aside from a few high-profile building projects in high-income areas, the... 

Eritrean potash project signs eight nonbinding offtake MoUs

By: David Oliveira     29th April 2016 ASX-listed potash developer Danakali has signed nonbinding memorandums of understanding (MoUs) with eight multinational parties throughout Northern Africa, Europe, the Middle East and North America for the offtake of sulphate from its 50%-owned Colluli potash project in Eritrea, in East Africa.... 

Africa had record levels of private equity exits in 2015

By: Reuters     28th April 2016 African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits. Equity firms sold investments in 44 companies in 2015, compared to 39 companies in the two previous year,... 

FESPA Africa Forum Reinforces Profit For Purpose in East and West Africa

     25th April 2016 FESPA, in association with its partners Practical Publishing hosted the FESPA Africa Forum in Nigeria and Kenya on the 12 and 14 April 2016 respectively, as part of its Profit for Purpose reinvestment programme and educational commitment to the global print community. Overall 176 delegates... 

AfDB pledges increased financial support for Mozambique

By: Mia Breytenbach     22nd April 2016 The African Development Bank Group (AfDB) has affirmed its commitment to continue supporting the growing Mozambique economy, particularly regarding the country’s energy, agriculture and infrastructure sectors. Leading a team of senior staff to Maputo earlier this month, AfDB president Akinwumi... 

KSB Pumps and Valves

     22nd April 2016 Headquartered on the East Rand, KSB Pumps and Valves in an original-equipment manufacturer of technologically advanced pumps, valves and related products for sectors including water, sewerage, chemicals, petrochemicals, steel, mining, energy and building services. Since 1959, the company has... 

‘Aftershocks’ hit MTN Q1 subscriber numbers

By: Natasha Odendaal     21st April 2016 Telecommunications giant MTN got off to a shaky start to the year, as events towards the end of 2015 hit first-quarter subscriber numbers and pushed the group to take a “back-to-basics” approach to get back on track. MTN last year took an earnings hit on the back of operational challenges,... 

Success in Africa: get comfortable with change

     20th April 2016 Many South African manufacturers’ efforts to expand into Africa have failed. Two mistakes – according to speakers on the line-up for the 2016 SAPICS conference for supply chain professionals – are applying familiar product-focused processes, and discounting the importance of working within the... 

SA car, bakkie exports into Africa continue to slide

By: Irma Venter     15th April 2016 South African car and bakkie exports into Africa declined for the third year in a row in 2015, falling from 79 228 units in 2012, to 77 589 units in 2013, 60 189 units in 2014, and 41 446 units last year – this according to the Automotive Industry Export Council’s newest Automotive Export Manual,... 

Middle East, North Africa on mining periphery despite hosting 30% of the world’s minerals 

By: Ilan Solomons     15th April 2016 Despite hosting more than 30% of global mineral reserves, the Middle East and North Africa (MENA) region severely lacks exploration and resource development investment. The region’s mining industry is facing several challenges, such as social and environmental pressure from communities living... 

Process to hire operator for new Kenyan railway line gets under way

By: John Muchira     15th April 2016 Kenya has set in motion the process to appoint an operator for a new standard-gauge railway (SGR) line that is poised for completion in May next year. The State-owned Kenya Railways Corporation (KRC) has already advertised for a transaction adviser to assist in the process of procuring the... 

The Mozambique Mining, Oil and Gas and Energy 2016 event gains momentum

     4th April 2016 Interest in the fifth bi-annual international strategic conference on Mozambique Mining, Oil & Gas, and Energy sector (MMEC) is growing at a rapid rate.  

Uganda drops Kenyan oil route 

By: African News Agency      1st April 2016 Despite extensive talks on possibly routing an oil pipeline through Kenya, Total Uganda has decided to run the pipeline through Tanzania. “As a company, our position remains that we are going through Tanga. I understand there are issues being discussed but our position remains the same,” The East... 

Infrastructure Africa to address the role of women in overcoming Africa’s infrastructure deficit

     31st March 2016 To maintain the recent economic growth rates in Africa, it is necessary to address inequality, and in particular inequality associated with gender. Research indicates that overcoming gender inequality and gender-related legal restrictions would increase annual GDP growth in sub-Saharan Africa by... 

$700m Kenya airport project stalls amid loan-guarantee uncertainty

By: John Muchira     25th March 2016 One of Kenya’s infrastructure megaprojects is on the verge of collapse following the refusal by would-be financers developed cold feet due to the Kenyan government refusal to guarantee the loan. In a move that now puts the construction of the Jomo Kenyatta International Airport (JKIA) Greenfield... 

Shanta secures $9.1m financing for power plant

By: Natasha Odendaal     23rd March 2016 The construction of a 7.5 MW power station at the New Luika gold mine has received a shot in the arm as Aim-listed Shanta Gold secured $9.1-million financing from Bank M Tanzania. The new power plant, the delivery of which was expected in the first quarter of 2017, just prior to the start of... 

Squeeze On China An Opportunity For Australian

     22nd March 2016 An Australian company which has won Japanese backing to develop high grade graphite deposits out of east Africa to market into Europe says the sector should take heart from supply and regulatory pressures on the commodity’s historic powerhouse, China. Addressing the inaugural Paydirt 2016... 

BMW SA to assume responsibility for SADC, nine other African countries

By: Irma Venter     18th March 2016 BMW South Africa (SA) will “any time now” expand its responsibility to sub-Saharan Africa, says BMW sales and marketing board member Dr Ian Robertson. This move will see the company steer all the markets in the Southern African Development Community, as well as nine other African countries.... 

Projected infrastructure spend tied to mining in Africa in 2016

     16th March 2016 African infrastructure spend will reach US$180 billion per annum by 2025 according to a study by PwC. This sizeable sum represents a commitment from national governments throughout the region, to address regional development. The mining sector in Africa has historically played an important role... 

Siemens successfully upgrades Vodacom’s Pick-by-light equipment

     15th March 2016 • The scope of this project package included the alteration to the carton flow racking to increase the Vodacom’s storage locations as well as the modifications to the racking to accommodate the new Pick-By-Light infrastructure. Siemens has been involved with the Vodacom Distribution centre in... 

Africa M&A remains buoyant, says Standard Bank

By: Anine Kilian     11th March 2016 Africa’s mergers and acquisitions (M&A) landscape remains buoyant, says Standard Bank, which expects to see more opportunities than ever before in 2016.   The bank noted this week that global M&A activity had been very high in 2015, almost eclipsing the previous record levels set in 2007. The... 

Company at forefront of Ethiopian coffee industry development

     11th March 2016 German multinational business solution company Bosch hosted the first International Coffee Processing and Packaging round table in Addis Ababa, Ethiopia in November. The round table featured representatives from United Nations Industrial Development Organisation (Unido), several industrial and... 

JHI, part of the Excellerate Property Services Group, is growing at the forefront of sub-Saharan African opportunities

     9th March 2016 Sub-Saharan Africa remains rich with untapped opportunities, even in the face of slowing growth due to global economic conditions. This is the word from Marna van der Walt, CEO of Excellerate Property Services (EPS), Africa’s leading provider of property services. “Even with the concern around... 

Chryso Group's Rapid Expansion Spreads To The Middle East

     9th March 2016 The Chryso Group has announced that it has acquired a production facility in the Middle East. Norman Seymore, vice-president of Chryso Group globally, and CEO of Chryso Southern Africa, has formally announced: "The Chryso Group has concluded the acquisition of Corrotech Qatar, a company... 

Harnessing the power of solar for development in Africa

     7th March 2016 Did you know that two out of three people in Africa live without electricity?  Solar may be the answer to quickly changing that picture.  

BMW SA to assume responsibility for SADC, nine other African countries

By: Irma Venter     4th March 2016 BMW South Africa (SA) would “any time now” expand its responsibility to sub-Saharan Africa, said BMW sales and marketing board member Dr Ian Robertson. This move would see the company steer all the markets in the Southern African Development Community, as well as nine other African countries.... 

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