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Dachser South Africa driving excellence in road freight services

17th August 2018 According to logistics company Dachser South Africa road freight in Africa can be a challenging undertaking. Therefore, transporting goods and services throughout the continent requires a network of support partners, a team that has up-to-date information on multi-country customs and border... 

Tower Property’s vacancies decrease amid improving consumer, business sentiment

By: Simone Liedtke     31st July 2018 An improvement in South African consumer and business sentiment in early 2018 contributed to real estate investment trust (Reit) Tower Property Fund’s vacancies reducing to 5% at the end of its financial year to May 31, after having reached a high of 12% in January. However, in order to secure... 

MeerKAT radio telescope inaugurated as precursor to larger SKA project 

26th July 2018 After a decade in design and construction, the MeerKAT radio telescope, which is located about 90km from Carnarvon in the Northern Cape, was inaugurated earlier this month. Simone Liedtke tells us a bit more about this step towards building an international enterprise. 

Ethekwini Municipality Supports Intra-African Chemicals Trade

18th July 2018 Durban to Host African Chemicals Imbizo 2018 The recent signing of commitment to the African Continent Free Trade Area (AfCTA) by 27 African states creates significant opportunity for stronger intra-Africa trade and regional integration. Intra-Africa trade is seen as one of the ways in which the... 

SADC Committee of Ministers of Finance meets in South Africa

By: African News Agency      11th July 2018 The Southern African Development Community (SADC) Committee of Ministers of Finance and Investment will meet today in Johannesburg to discuss areas of cooperation and improving regional financial coordination.  The Ministers will be joined by the central bank governors from the region.  

Vantage Capital invests $10m on property in Mauritius

By: African News Agency      9th July 2018 Fund managers Vantage Capital has provided $10-million of mezzanine funding to Cap Tamarin, a mixed-used, residentally-focused smart village located on the sought-after west coast of Mauritius. Cap Tamarin will feature innovation centres to support start-ups, small and medium enterprises and... 

Moody’s warns of credit implications for Africa as China shifts to consumption-led growth

By: Simone Liedtke     3rd July 2018 China's shift to consumption-led growth will have mixed credit implications for African sovereigns, flattening the trade volumes of oil and ferrous metal exporters, while benefitting other exporters and tourist destinations, Moody's Investors Service said in a report published on Tuesday. "China... 

Africa to get three top-notch cyber security facilities

27th June 2018 NEC XON is creating three new Cyber Defence Operations Centres (CDOC), one in Nigeria, another in Senegal, and the third in Mauritius in addition to the existing facilities in South Africa.   The new cyber security facilities form the nucleus of pan-African collaboration for sharing global threat... 

Hybrid power generation on the rise – HIMOINSA

By: Marleny Arnoldi     25th June 2018 Interest in hybrid energy generation is high, says generator manufacturer HIMOINSA Southern Africa business development director Matthew Bell.  

IFC signs $34m financing agreement for Zambia solar project

By: Marleny Arnoldi     22nd June 2018 The International Finance Corporation (IFC) has signed a $34-million financing agreement with Enel, the Industrial Development Corporation of Zambia and the European Investment Bank for the construction of the 34 MW Ngonye solar plant, in Zambia.  

AfDB launches index to drive improvements in electricity regulatory environment

By: Marleny Arnoldi     22nd June 2018 The African Development Bank (AfDB) this week launched its Electricity Regulatory Index (ERI) at the Africa Energy Forum 2018, in Mauritius.  

Namibia’s world-class roads

By: Martin Zhuwakinyu     22nd June 2018 I have been to a few countries in Southern Africa but Namibia seems to always fall into the blind spot whenever I plan to travel beyond the borders of Mzansi. However, the good work being done in that country has not gone unnoticed by those who really matter. By ‘those who really matter’ I mean... 

Globeleq-led consortium partners with EDM to progress Moz gas-fired power project

By: Nadine James     21st June 2018 Lead partner in the Temane Energy Consortium (TEC), Globeleq, has signed a joint development agreement with Electricidade de Moçambique (EDM) to progress the 400 MW Temane gas-fired power project, located in Mozambique’s Inhambane province. The agreement, which was signed at the African Energy... 

More calls for Eskom to be restructured

By: Marleny Arnoldi     20th June 2018 A South Africa-focused panel discussion at the Africa Energy Forum, in Mauritius, on Wednesday, concluded that while State-owned Eskom, as a dominant player in South Africa’s energy sector, needed to be restructured, so too did the energy industry as a whole. Panel moderator and publication house... 

Energy forum panelists reiterate need for regional integration in Africa

By: Marleny Arnoldi     20th June 2018 A panel of speakers at the 2018 Africa Energy Forum, in Mauritius, on Wednesday, agreed that Ministers of energy in Africa and other stakeholders should focus on regional power integration, and what would work accordingly, rather than debating country-specific suitable energy resources and... 

Renewables, decentralisation top energy trends in Africa – Aggreko

By: Marleny Arnoldi     19th June 2018 The pace of electrification in Africa has nearly tripled since 2012, relative to the previous decade, with electrification in sub-Saharan Africa surpassing population growth for the first time in 2014. However, there is a long way to go to realise continental electrification, says Aggreko CEO... 

AfDB pledges $12bn for Africa’s energy development

By: Marleny Arnoldi     19th June 2018 The African Development Bank (AfDB) has placed access to sustainable energy development at the heart of its strategy, with the biggest priority ensuring improved access to electricity across the continent. AfDB power, energy, green growth and climate change VP Amadou Hott told delegates at the... 

Global interest in investing in African energy sector picking up – Minister

By: Marleny Arnoldi     19th June 2018 The willingness and interest to invest in the African energy sector is picking up globally, says Mauritius Deputy Prime Minister and Energy and Public Utilities Minister Ivan Collendavelloo. Speaking at the Africa Energy Forum, now in its twentieth year, in Mauritius, on Tuesday, he said the... 

WSP celebrates 1 million m2 of Certified Green Space in Africa

18th June 2018 WSP in Africa, one of the largest multi-disciplinary engineering consultancies on the continent, is celebrating a milestone million square meters (1 million m2) of Certified Green Space in Africa. WSP sustainability consultants and engineers have been hard at work for over a decade; setting... 

More airlines fly into Cape Town, connecting countries in Africa

By: Kim Cloete     13th June 2018 Two African airlines have launched flights to Cape Town over the past month, bringing more business and tourism opportunities to the Mother City. Kenya Airways launched a nonstop direct flight from Nairobi to Cape Town on June 6. The new service operates a Boeing 737-800. This is in addition to... 

20 years of the Africa Energy Forum: a catalyst for progress within the industry

24th May 2018 Just before the Africa Energy Forum (AEF) arrives in Mauritius from 19-22 June to celebrate its 20th anniversary, we hear from some of the energy industry’s most respected decision-makers on how the Forum provided a platform for the development of Africa’s energy sector. 

Desalination’s future is going solar – TWS

By: Simone Liedtke     22nd May 2018 The first highly cost-effective solar-powered desalination plant in South Africa will be commissioned by the end of October at Witsand, in the Hessequa municipality, in the Western Cape. The plant will produce 100 kl/d of fresh water to meet the water requirement of the struggling Witsand village. 

UK airline to launch direct Durban–London air link

By: Rebecca Campbell     18th May 2018 The Dube TradePort Special Economic Zone has announced that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is located... 

GoMetro signs global distribution deal to Improve the Way every City Moves

By: Creamer Media Reporter      16th May 2018 Whether you’re in Ghana where the trotos’s are, on a jitney in the Philippines or in a sometimes ironically named ‘car rapide’ in Senegal, there’s no escaping the fact that informal transport exists in every major city in the world. Even more intriguingly, the innovation and agility displayed in... 

A-OSH EXPO 2018 exhibitors gearing up for show

11th May 2018 As the continent’s leading occupational health and safety (OHS) show draws closer, it’s all systems go for this year’s exhibitors as they work on the finishing touches for their stands and marketing plans. Whatever your interest in the OHS arena, there is something for everyone at A-OSH EXPO... 

Direct Durban-London air link to be launched by UK carrier

By: Rebecca Campbell     8th May 2018 The Dube TradePort Special Economic Zone announced on Tuesday that the UK’s flag carrier airline, British Airways (BA), is to introduce a direct route between London’s Heathrow Airport and Durban’s King Shaka International Airport. The new service will commence on October 29. (King Shaka is... 

Local company targets mechanical tube cleaning opportunities at AUW

By: Melissa Zisengwe     4th May 2018 South Africa-based engineering, procurement and construction company Lesedi Nuclear Services says the African Utility Week (AUW) is the ideal platform to introduce energy companies and utilities to lesser known but an efficient mechanical tube cleaning system. The event is an opportunity to meet... 

Mustang marches on with ruby strategy

By: Esmarie Swanepoel     26th April 2018 Ruby miner Mustang Resources recovered 29 069 ct from its Montepuez operation, in Mozambique, during the three months to March. The ASX-listed company said on Thursday that some 43 940 m3 of stockpiled material was recovered from Montepuez during the quarter, with an average grade of 0.42 ct/t,... 

Mustang makes first sale from Thai office

By: Esmarie Swanepoel     11th April 2018 Ruby miner Mustang Resources has reaped its first dividends from its recently implemented sales and marketing strategy, with the first ruby sales from its new marketing office in Thailand. The company on Wednesday reported that 18 228 ct of rubies were sold, at an average price of A$12.67/ct,... 

Grit pursues LSE listing

By: Anine Kilian     9th April 2018 Grit Real Estate, which is listed on the JSE and on the Stock Exchange of Mauritius (SEM), is seeking a listing on the LSE. The company, which focuses on real estate in select African countries, intends to maintain primary listings on the JSE and LSE, while moving its SEM listing to a secondary... 

Free trade deal is much ado about nothing

By: Riaan de Lange     6th April 2018 It is the eightieth day of the year as I sit down to write this piece – the first full day of the sign of Aries. In case you are wondering, there are 285 days until the end of the year, and, in another 65 days, it will be Tax Freedom Day. It means that you will need to work up to May 25 to pay... 

West African exchange in charm offensive

By: Martin Zhuwakinyu     6th April 2018 It is refreshing to notice that the regional stock exchange in the French-speaking West African Economic and Monetary Union (WAEMU) is not keeping the eight-country bloc’s shining light under a bushel. The WAEMU region – which comprises Cote d’Ivoire, Benin, Togo, Burkina Faso, Niger, Mali,... 

Mustang closes Mauritius sales office, opens Thailand facility as part of new marketing process

By: Schalk Burger     6th March 2018 ASX-listed Mustang Resources on Tuesday announced that it was changing its ruby sales and marketing approach for rubies sourced from its Montepuez ruby project, in Mozambique. It would close its sales facility in Mauritius, as these were designed for large-scale auctions, which were no longer... 

Nuclear energy future imminent, despite delays in updated IRP

By: Simone Liedtke     16th February 2018 South Africa-based engineering, procurement and construction (EPC) company Lesedi Nuclear Services (Lesedi) business development executive Shane Pereira believes that there is a future for nuclear power globally, although it is being hindered locally by the delay in passing the updated Integrated... 

AfDB boosts ALBC Fund books with R140m loan

By: Megan van Wyngaardt     5th February 2018 To further enhance the African Local Currency Bond Fund (ALCB Fund) portfolio and promote the development of domestic capital markets across the continent, the African Development Bank (AfDB) has approved a loan of R140-million. The senior loan, with a seven-year tenor including a two-year grace... 

Rwanda, Mauritius get funding for solar PV projects

By: Anine Kilian     15th January 2018 The Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (Irena) on Monday announced that $25-million in concessional loans from ADFD have been earmarked for solar photovoltaic (PV) projects in Mauritius and Rwanda. The projects have the potential to significantly... 

SA’s not-so-impressive showing in the governance stakes

8th December 2017 South Africa is a force to be reckoned with in Africa. It is one of the continent’s powerhouses – politically and economically – with its gross domestic product (GDP) being the largest, although it had to contend with being second best to Nigeria in the GDP stakes between 2014, when the latter... 

Vivo to gain 300 stations in 9 African countries in Engen share transaction

By: Schalk Burger     5th December 2017 Petroleum and energy company Vivo Energy, which represents oil multinational Shell’s brand of fuels and lubricants in Africa, will gain 300 service stations across nine African countries after it agreed to buys shares in oil multinational Engen International Holdings from Engen Holdings in... 

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