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Open letter to Safa president

By: Martin Zhuwakinyu     8th June 2018 Dear Dr Danny Jordaan Congratulations on your recent election for another term at the pinnacle of South African football administration. If there had been any doubt that you are a darling of our football-loving nation, it would have evaporated in the wake of your landslide victory – 234 out of... 

Cummins, Komatsu launch technical education programme at college

By: Natasha Odendaal     8th June 2018 Engine, filtration and genset manufacturer Cummins Africa Middle East and earthmoving, mining, construction and utility equipment manufacturer Komatsu Africa have teamed up to bring the first Technical Education for Communities (TEC) programme to South Africa. Inaugurated within the Sedibeng... 

Altus starts exploration at Côte d'Ivoire project

By: Creamer Media Reporter      7th June 2018 Aim- and TSX-V-listed Altus Strategies has started exploration at its 369.5 km2 Prikro gold project, in eastern Côte d'Ivoire. "Prikro is an exciting gold project located in an emerging gold province in eastern Côte d'Ivoire. The licence targets Birimian age metasedimentary belts that are... 

Emmerson raises cash for Moroccan potash project

By: Reuters     4th June 2018 Shares in Emmerson jumped more than 60% on their return to trade on Monday after the London-listed miner raised 6-million pounds ($8.04-million) by issuing 200-million new shares. The shares were halted last October when Emmerson became 100% owner of the Khemisset Potash Project in northern Morocco. 

Infrastructure development key to meeting consumer demand in megacities – economist

By: Marleny Arnoldi     31st May 2018 There are rapidly growing megacities, including Accra, Cairo, Lagos, Johannesburg, Nairobi and Kinshasa, in Africa, and it is important to ensure infrastructure development grows at a pace that will meet the increasing consumer demand that will come out of these megacities, said Imara Africa... 

African auto industries not viable without policy support

By: Irma Venter     30th May 2018 If African governments do not develop sustainable, long-term automotive industry policies – including policy measures that address the issue of the sale of used vehicles – they will fail to develop automotive sectors within their economies, says African Association of Automotive Manufacturers... 

Altus granted new zinc, copper licences in Morocco

By: Simone Liedtke     29th May 2018 Aim-listed Altus Strategies’ wholly-owned subsidiary Aterian Resource has been granted new exploration licences that target zinc and copper, in Morocco. The Ammas, Takzim Est and Arfa licences cover 87.55 km2. 

AfDB, Unido sign MoU to improve Africa’s industrialisation

By: Marleny Arnoldi     21st May 2018 The African Development Bank (AfDB) and the United Nations Industrial Development Organisation (Unido) have signed a memorandum of understanding (MoU) to step up collaboration that will boost Africa’s industrialisation. 

Kropz clinches offtake from phosphates project

By: Martin Creamer     21st May 2018 Plant nutrient minerals development company Kropz, which is developing the Elandfontein phosphates mining and processing project in the Western Cape, has secured several offtake agreements ahead of production. The cornerstone offtake agreement, for about a third of its production at market prices... 

South Africa urged to consider CSP-PV blend to lower cost of dispatchable solar generation 

By: Terence Creamer     7th May 2018 International technology and infrastructure group Abengoa, which has developed a portfolio of three concentrated solar power (CSP) projects in South Africa, believes blending CSP with solar photovoltaic (PV) technology is the logical next step for lowering CSP costs, while also producing... 

Auto exports earned South Africa R165bn in 2017

By: Irma Venter     4th May 2018 Total earnings from South African automotive exports reached R164.9-billion in 2017, comprising 13.9% of South Africa’s total export earnings. This number is down from the record R171.1-billion achieved in 2016, at 15.6% of total export earnings. Total automotive revenue in the South African... 

Trade shows, expos significant to investment into Africa

By: Zandile Mavuso     4th May 2018 In its fifty-second year of serving the automotive industry in Portugal and internationally, Portuguese automotive suppliers association Afia believes that being involved in trade shows, conferences and expos plays a significant role in creating relationships with countries such as South Africa. 

Morrocan king to sign trade, mining deals with Congo republic

By: Bloomberg     26th April 2018 Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said. Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund,... 

Global wind body sees South African market returning to ‘full health’ in 2018

By: Terence Creamer     25th April 2018 The Global Wind Energy Council (GWEC) expects the South African wind market to return to “full health” in the coming year, following more than two years of uncertainty. The council’s latest Global Wind Report, which deals with market developments for 2017, notes that the South African renewable... 

Altus raises C$4.11m in private placement

By: Creamer Media Reporter      18th April 2018 Aim-listed Altus Strategies has raised about C$4.11-million by way of a nonbrokered private placement of 27.39-million units at C$0.15 each. Each unit is comprised of one ordinary share and one ordinary share purchase warrant that may be used to buy one ordinary Altus share at C$0.30 for five... 

Embattled EPA chief's calendar shows industry had his ear

By: Reuters     9th April 2018 US Environmental Protection Agency administrator Scott Pruitt held 25-times more meetings with industry representatives than environmental advocates during his first seven months in office, according to a Reuters analysis of his schedule, reflecting the agency's pro-business approach under his... 

eltherm awarded electrical heat tracing contract for Ilanga solar project

By: Marleny Arnoldi     6th April 2018 Private engineering and technology company Sener – and its procurement partners Emvelo and Cobra – has awarded global heat tracing specialist eltherm South Africa a contract for the design and installation of an electrical heat tracing (EHT) system at the 100 MW Ilanga solar thermal power plant... 

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,... 

Wadeville microgrid using second-hand car batteries for storage

By: Schalk Burger     30th March 2018 Power management multinational Eaton has launched a microgrid that powers its factory and campus in Wadeville, Gauteng, using second-hand lithium-ion electric car batteries for its storage component. The batteries come from Nissan Leaf electric vehicles driven in Europe, and have about 4.5 years... 

Eaton launches Wadeville microgrid using second-hand car batteries for storage

By: Schalk Burger     16th March 2018 Power management multinational Eaton has launched a microgrid that powers its factory and campus in Wadeville, Gauteng, using second-hand lithium-ion electric car batteries for its storage component. The batteries come from Nissan Leaf electric vehicles driven in Europe, and have about 4.5 years... 

PEWA to set stage for African energy investment once again

By: Marleny Arnoldi     16th March 2018 With 600-million people in Africa not having access to electricity, the onus is on Power & Electricity World Africa (PEWA) to provide the platform that will encourage investment in infrastructure and grid connection across Africa.  

Aerosud Aviation warns of tough times for the South African aerospace industry

By: Rebecca Campbell     16th March 2018 South Africa’s largest private-sector commercial aviation aerostructures manufacturing company, Aerosud Aviation (a wholly-owned subsidiary of Aerosud Holdings), warns that the local aerospace industry is going through tough times and is not receiving the kind of support that competitors in other... 

Groupe PSA to assemble Peugeot, Opel vehicles in Namibia

By: Irma Venter     13th March 2018 Groupe PSA has signed an agreement with the Namibia Development Corporation (NDC) to assemble Peugeot and Opel vehicles in Walvis Bay. Groupe PSA is a French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroën, DS, Opel and Vauxhall brands. 

Abdelmoumen pumped-storage hydroelectric plant, Morocco

By: Sheila Barradas     2nd March 2018 Office National de l’Electricite et de l'Eau Potable plans to develop and integrate renewable energies in Morocco. 

Eltherm South Africa Lands Kathu Solar Plant Heat Tracing Contract

1st March 2018 eltherm South Africa has been awarded the electrical heat tracing (EHT) system design and installation contract for the 100 MW Kathu Solar Park CSP (Concentrated Solar Power) plant in the Northern Cape. The contract also confirms eltherm’s dominance in the provision of EHT for CSP plants... 

Eltherm South Africa Lands Kathu Solar Plant Heat Tracing Contract

20th February 2018 eltherm South Africa has been awarded the electrical heat tracing (EHT) system design and installation contract for the 100 MW Kathu Solar Park CSP (Concentrated Solar Power) plant in the Northern Cape. The contract also confirms eltherm’s dominance in the provision of EHT for CSP plants... 

Congo seeks relief talks with oil traders over $2bn debt

By: Reuters     20th February 2018 Congo Republic is set to become the latest African country to start debt relief talks with trading houses after borrowing $2-billion from merchants such as Trafigura and Glencore but now finding its debt levels unsustainable, sources familiar with the matter said. Trading houses regularly lend... 

Senegal utility awards €197-million grid expansion contract

By: Nadine James     16th February 2018 Electrical transmission, engineering and maintenance provider Omexom, a subsidiary of Italian energy company VINCI Energies, has won the Société d’Electricité du Sénégal (Senelec) contract to install five new extra-high voltage (EHV) transformer stations, nearly 200 km of overhead and underground... 

Global wind energy installations remain above 50 GW - GWEC

By: Simone Liedtke     14th February 2018 Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years. The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese... 

Portuguese association says MoU with South African tooling bodies beneficial to both countries

By: Zandile Mavuso     9th February 2018 With an 85% export rate in the past year from its member companies in Portugal, Portuguese mouldmaking association Cefamol secretary-general Manuel Oliveira says the recent memorandum of understanding (MoU) it signed with South Africa’s National Toolmaking Initiative Programme (NTIP) and Tooling... 

Suricate Minerals seeks to unlock latent mineral wealth in Mauritania

7th February 2018 Privately-owned Mauritanian mining and exploration company Suricate Minerals is engaging with international financial and technical service partners to develop its quartz, barite, lithium, copper and gold prospects located throughout the country. Suricate Executive Director Ahmed Hertani, who has... 

Thyssenkrupp Aerospace unit to build production site in Morocco

By: Reuters     1st February 2018 Germany's Thyssenkrupp will build a sales and production site to boost its aerospace business in Morocco, it said, adding it has already reached supply agreements with aircraft parts group Figeac Aero and ARM Group. The facility, to be opened in the summer, will be located close to Casablanca and... 

Opel to export cars to Tunisia, Morocco – CEO in FAZ

By: Reuters     29th January 2018 PSA Group's Opel plans to start exporting cars to Tunisia and Morocco from its European plants, its chief executive told German daily Frankfurter Allgemeine Zeitung (FAZ) in an interview. France's PSA agreed in March to buy Opel from General Motors in a deal valuing the business at €2.2-billion... 

Regulatory uncertainty casting shadow over South Africa amid forecast for further minerals market uptick

By: Mia Breytenbach     19th January 2018 The South African mining industry has had a tumultuous time because of the controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III, which, amid lingering political uncertainty, led to low... 

$324m for Morocco, Côte d’Ivoire renewables projects

By: Dylan Slater     19th January 2018 The African Development Bank (AfDB) has approved $324-million in loan support to two renewable energy projects in Morocco and Côte d’Ivoire that are expected to significantly increase power supplies and boost economic growth in those countries.  

UK reaffirms commitment to promote trade and investment with Africa

By: Keith Campbell     19th January 2018 The British government has again given the assurance that it desires a mutually beneficial and thriving trade relationship between the UK and Africa once the country has left the European Union (EU). This was affirmed by Trade Policy Minister (equivalent to Deputy Minister in South Africa) Greg... 

LafargeHolcim revamps management, trims executive board

By: Reuters     15th December 2017 LafargeHolcim is revamping its management structure to make countries more accountable for results, the world's largest cement maker said on Friday, in a bid to boost growth and performance. "The strengthening of the profit and loss responsibility of the countries and the simplification of global... 

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