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Conference celebrates 19 years of success

By: Victor Moolman     24th June 2016 The longest running rail conference and exhibition in Africa, Africa Rail, will mark its nineteenth year of existence, says international business to business media company Terrapinn. 

Summit brings governments, operators and investors together

     24th June 2016 Regional and international stakeholders for East and Central Africa's transport infrastructure sector will be gathering once again at the seventh East & Central Africa Roads & Rail Infrastructure Summit 2016 (Roads & Rail 2016) to be held on September 27 and 28 in Dar es Salaam, in Tanzania. 

Truck group seeks to regain lost market share after restructuring

By: Irma Venter     24th June 2016 Following a slump in truck sales in South Africa in 2015, MAN Truck & Bus South Africa (SA) and MAN Sub-Equatorial Africa MD Markus Geyer is confident the company can win back its lost market share “within a year”. The local arm of the German group sold 1 317 trucks in South Africa in 2015, at a... 

Improved Healthcare Delivery Models across Africa Transform the Industry, Says Frost & Sullivan

     22nd June 2016 The pharmaceutical industry, followed closely by healthcare information technology (IT), in Africa is predicted to experience substantial growth in 2016. A host of factors are anticipated to have a positive effect on the African healthcare industry. Increased investment in both the pharmaceutical... 

MTN announces new group CEO, several board posts

By: Natasha Odendaal     20th June 2016 Telecommunications giant MTN on Monday announced the appointment of Rob Shuter as group president and CEO following  a global search in the wake of the resolution of the “Nigerian dispute”. Shuter would assume the new role by no later than July 1, 2017, as he wrapped up his current obligations as... 

East African Power Industry Convention announces platinum sponsorship by Lucy Electric

     20th June 2016 “This is a very exciting time for the electricity sector across East Africa and at Lucy Electric we hope to play a key part in helping to make this a reality” says Phil Dingle, Marketing Director, Lucy Electric, a global secondary distribution leader in the electricity sector and a platinum... 

Trends Driving the African Automotive Industry in 2016 and 2017

     14th June 2016 The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Frost & Sullivan anticipates the market to grow by 2%, reaching 91 million... 

Dangote eyes aggressive market share gains

By: Natasha Odendaal     13th June 2016 Cement producer Dangote Cement is aggressively targeting 60% market share in all countries where it operates as it cuts prices, doubles its production and expands it geographic footprint over the next three years, positioning itself to benefit from the 6.1% cement demand growth expected from... 

Upscaled infrastructure and regional integration needed in Africa

     10th June 2016 Africa is urbanising at a rapid pace, which means infrastructure such as bypasses, bridges, new highways and new technologies needs to be deployed in congested areas where traditional methods cannot work, notes Africa-focused consultancy Africa House director Duncan Bonnett. 

MAN aims to win back lost market share; van on the horizon

By: Irma Venter     8th June 2016 Following a slump in truck sales in South Africa in 2015, MAN Truck & Bus South Africa (SA) and MAN Sub-Equatorial Africa MD Markus Geyer is confident the company can win back its lost market share “within a year”. The local arm of the German group sold 1 317 trucks in South Africa in 2015, at a... 

Entrepreneurs navigating economic uncertainty better than large corporates – EY

By: Samantha Herbst     6th June 2016 In an environment where individual companies are being transformed by the disruptive force of technology, and where entirely new sectors are being created, entrepreneurs are becoming increasingly pivotal to global job creation, according to EY global chairperson Mark Weinberger. In a statement... 

South African industry has new infrastructure opportunities in Sub-Saharan Africa if they take long term view

By: Creamer Media Reporter      6th June 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... 

Mondi to acquire 90% stake in Turkish consumer packaging company

By: Creamer Media Reporter      2nd June 2016 Packaging and paper group Mondi will acquire a 90% interest in Turkish consumer packaging company Kalenobel for €90-million. “The acquisition of Kalenobel supports the growth of our consumer packaging business, broadening our product portfolio and geographic reach to better serve our customers in... 

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. 

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... 

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... 

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.... 

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... 

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