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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... 

1.3M young Africans learnt coding during Africa Code Week 2017

5th December 2017 Continent-wide skills development initiative on track to achieve target of 5 million youth trained well ahead of 2025 deadline   With an ambitious target of training half a million African youth between 18 and 25 October, Africa Code Week again this year exceeded all expectations by empowering... 

Electrohydraulic actuators installed

By: Nadine James     10th November 2017 Earlier this year, valve actuator manufacturer Rotork announced the successful installation of its Skilmatic SI electro-hydraulic actuators, which were deployed at Mauritius’ SSR International Airport, as part of an initiative to increase safety and efficiency at the site. Rotork Africa senior... 

ACSA CEO to chair international organisation

By: Megan van Wyngaardt     9th November 2017 Airports Company South Africa (ACSA) CEO Bongani Maseko has been appointed chairperson of the world governing board of the Airports Council International (ACI), the trade representative of the world’s airports, for a two-year term. ACI serves 623 members operating 1 940 airports in 176 countries... 

Intelligent algorithm company 4Sight lists on AltX

By: Schalk Burger     3rd November 2017 The first pure technology company to list on the JSE’s AltX in 18 years, decision support technology group 4Sight, has artificial intelligence (AI), machine learning (ML), Internet of Things (IoT) and big data technology capabilities, which are reshaping business and individual lives worldwide,... 

Mustang to delay Montepuez plant upgrade to focus on second ruby tender

By: Creamer Media Reporter      1st November 2017 ASX-listed Mustang Resources will delay the planned plant upgrade at its Montepuez ruby mine, in Mozambique, which will reduce the company’s expenditure and allow it to focus on preparations for its second tender. This decision was taken following the conclusion of a maiden tender, held from... 

Communique To Shareholders Shumba Energy Ltd Lists On The Main Board Of Botswana Stock Exchange

1st November 2017 Shumba Energy Ltd (“Shumba” or the “Company”) (BSE: SHUMBA), a Botswana-based energy development company, is pleased to announced that it has received approval from the Botswana Stock Exchange to migrate its listing from the Venture Capital Market Board to the Main Board of the Botswana Stock... 

Shumba moves to main board of Botswana Stock Exchange

By: Natasha Odendaal     31st October 2017 Energy development company Shumba Energy has migrated its listing from the Venture Capital market board to the main board of the Botswana Stock Exchange, effective October 30. The move to the main board is aimed at establishing a stronger platform for potential future development capital... 

Sub-Saharan Africa sets another record for number of business reforms

By: Natasha Odendaal     31st October 2017 Sub-Saharan African countries have set a new record, for the second consecutive year, for the number of business reforms undertaken during 2016/17, a new World Bank report shows. The ‘Doing Business 2018: Reforming to Create Jobs’ report, now in its fifteenth year, reported that 83 business... 

Rotor blade manufacturing facility officially opens in Tangier

27th October 2017 Wind turbine components manufacturer Siemens Gamesa Renewable Energy (SGRE) officially inaugurated its new rotor blade factory in Tangier, Morocco, earlier this month, at an event chaired by Moroccan Minister of Industry, Investment, Trade and Digital Economy, Moulay Hafid El Alamy, and Siemens... 

Mustang maiden tender swells to 405 000 ct

By: Esmarie Swanepoel     24th October 2017 Ruby miner Mustang Resources this week announced that it would take 405 000 ct to its maiden public tender, which will start on October 27. This is more than double the original target of 200 000 ct. 

4Sight lists on AltX

By: Schalk Burger     19th October 2017 The first pure technology company to list on the JSE’s AltX in 18 years, technology decision support group 4Sight, has artificial intelligence, machine learning, Internet of Things and big data technology capabilities, which are reshaping business and individual lives worldwide, 4Sight CEO... 

Africa urged to set the trends in digital innovation

By: Kim Cloete     13th October 2017 African countries have the potential to set trends rather than follow them in a world dominated by hurtling changes in information technology (IT), delegates attending the Thomson Reuters Africa Summit have heard. Digital and technology transfer expert Lee Naik said over 300-million customers... 

Mustang granted Montepuez mining concession

By: Creamer Media Reporter      10th October 2017 The Mozambique Minerals and Energy Ministry has granted ASX-listed Mustang Resources a mining concession for its Montepuez project. The concession is valid until September 2042 and paves the way for the company to increase its processing capacity, as planned, following its maiden tender. 

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