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Untapped opportunity in Africa’s emerging startup hubs

18th June 2018 African startups are in a unique position to leverage innovation to answer some of the continent’s most pressing challenges. To achieve this, an enabling environment is mission critical, according to Abu Cassim, founder and director of Jozi Angels, an angel network that invests in early stage... 

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... 

South African precious metals recycling innovation reaches Africa Prize finals

By: Anine Kilian     1st June 2018 An innovation that uses a cheap and sustainable recycling method to recover precious metals has made it into the finals of the 2018 Africa Prize for Engineering Innovation.    

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... 

Tharisa may join Karo in $4.2bn Zimbabwe platinum project

By: Bloomberg     31st May 2018 Tharisa, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2-billion platinum project in Zimbabwe being developed by another company founded by the family. Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the... 

Tanzanite miner gets bill as Tanzania cracks down on lost mineral revenues

By: Reuters     17th May 2018 Tanzanian gemstone miner Tanzanite One has agreed to pay compensation and overdue taxes to the government after unspecified violations led to losses in public revenues, the President's office said. President John Magufuli's government accuses mining firms of cheating Tanzania out of its fair... 

Decorative concrete market looking good

By: Jessica Oosthuizen     11th May 2018 Decorative concrete solutions can raise the aesthetic value of both new projects and renovations, and construction chemicals company Chryso Southern Africa is participating in the market to supply such solutions for aesthetic and practical applications, company CEO Norman Seymore tells... 

Protesters demand Ethiopia cancel billionaire's gold licence

By: Bloomberg     8th May 2018 Protesters in Ethiopia’s restive Oromia region demanded the government withdraw a gold-mining permit from a company owned by Saudi billionaire Mohammed al-Amoudi because of alleged pollution. Demonstrators have blockaded roads in Shakiso, 358 km south of the capital, Addis Ababa, since April 30... 

South Africa to host the Japan–Africa Public Private Economic Forum

By: Marleny Arnoldi     25th April 2018 South Africa will host the Japan–Africa Public Private Economic Forum at the Sandton Convention Centre from May 3 to 4.  

Minigrid research, development fund launched for sub-Saharan Africa

By: Anine Kilian     24th April 2018 Investment firm CrossBoundary, in partnership with The Rockefeller Foundation, on Tuesday launched the Mini-Grid Innovation Lab, in Nairobi, Kenya. The lab is the first research and development fund for sub-Saharan Africa that focuses exclusively on testing business model innovations in the... 

Habitat Apartments high-rise tower is Nairobi’s first ‘vertical village’

9th April 2018 Architecture and interior architecture practice Paragon, in conjunction with Design Source of Nairobi, is overseeing Habitat Apartments in Kilimani, a 24-storey, 160-unit mixed-use apartment tower. Under development by Ekco Investments, the project is scheduled for completion by mid-2020. The... 

Commissioning under way on Kenya’s new multipurpose pipeline

By: John Muchira     6th April 2018 Kenya was last week set to commission a multipurpose pipeline from the coastal city of Mombasa to the capital, Nairobi, in a major milestone in its quest to enhance efficiency in the transport of petroleum products. Construction of the $470-million pipeline, implemented by the Kenya Pipeline... 

Nairobi– Mombasa expressway, Kenya

By: Sheila Barradas     6th April 2018 The Kenya National Highways Authority is building a toll road between Nairobi and Mombasa. 

Post-Mugabe Zimbabwe mining rush leaves big producers behind

By: Bloomberg     3rd April 2018 While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach. New President Emmerson Mnangagwa has a lot to prove as he seeks to revive the economy and attract mining... 

Wanjii small hydropower plant modernisation, Kenya

By: Sheila Barradas     30th March 2018 KenGen is replacing the turbines, generators and control technology at the Wanjii small hydropower plant. 

Shrinking platinum sector adds to Ramaphosa's economy challenge

By: Bloomberg     26th March 2018 “Ramaphoria” boosted the rand and revived investor sentiment on South Africa. But deep underground in the country’s platinum mines, there’s very little cause for optimism. Producers in South Africa, which accounts for about 70% of the world’s mined platinum, are closing shafts and cutting... 

Joint SA-UK research programmes going well

By: Rebecca Campbell     16th March 2018 South Africa is one of the most successful partner countries for the UK in terms of scientific research and technological development. “The scale of [research and development (R&D)] institutional links and Governmental links are enormous,” highlights British High Commission (Pretoria) UK Regional... 

Battle to keep Lonmin platinum deal alive hinges on the rand

By: Bloomberg     9th March 2018 When Lonmin CEO Ben Magara announced in December that Sibanye Gold had agreed to buy the platinum miner, he was visibly relieved. He can’t relax just yet. 

Kenya plans to electrify Mombasa–Nairobi rail link

By: John Muchira     9th March 2018 Kenya plans to electrify its diesel-powered standard-gauge railway (SGR) line from the coastal city of Mombasa to the capital, Nairobi, as it seeks to cement its position as a regional transports hub. The East Africa nation has since secured $240-million from China Electric Power Equipment &... 

ExecuJet adds Bombardier Challenger 350 to its East Africa fleet

By: Marleny Arnoldi     6th March 2018 International business aviation company ExecuJet is expanding its managed fleet in Africa with the addition of a Bombardier Challenger 350 to be based in Nairobi, Kenya.  

Mariam Abdullahi

2nd March 2018 This week we feature Mariam Abdullahi, telecommunications industry lead for Africa at SAP   

Projects boding well for geotechnical contractor

By: Marleny Arnoldi     16th February 2018 Specialist geotechnical contractor and subsidiary of Keller Group, Franki Africa, is providing 46 000 Columns with Mixed Moduli (CMM) for the 350 000 m2 Clairwood logistics park construction site project.  

Newly expanded Joburg data centre to serve cloud demand in SA

By: Schalk Burger     16th February 2018 Africa Data Centres, part of pan-African telecoms group Liquid Telecom, has expanded its Midrand-based data centre to a 7 MW, 3 000 m2 carrier-neutral facility to better serve demand for cloud and co-location services in Southern Africa, says Liquid Telecom group CTO Ben Roberts. It has also... 

Smart city initiatives must be ‘part of long-term vision’ – Huawei

By: Schalk Burger     9th February 2018 Using information and communication technologies, and more broadly digital technologies, in cities must be part of long-term, sustained transformative visions to ensure that a city and its systems improve over time, says Huawei Enterprise Government and Public Utility Sector VP Edwin Diender.... 

Continent has potential to gain the most from Industry 4.0, says Paramount head

By: Dylan Slater     9th February 2018 Africa is not alone in its unpreparedness for shifting into the Fourth Industrial Revolution, or Industry 4.0, but it has the potential to gain the most out of such a development by finding new ways of manufacturing, says aerospace and defence company Paramount group executive chairperson Ivor... 

Turner & Townsend’s Kenyan business to merge with Nairobi-based firm

By: Dylan Slater     6th February 2018 Global project management consultancy Turner & Townsend’s Kenyan business will merge with Nairobi-based project management firm Mentor Management Limited (MML), after Turner & Townsend acquired a majority stake in MML from growth markets investor Actis.  

De Beers eyes Zimbabwe, Congo after gaining South African permits

By: Bloomberg     6th February 2018 De Beers may follow its resumption of exploration for diamonds in South Africa’s Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the Democratic Republic of Congo. "I’m excited about what I’m seeing in Zimbabwe," said Phillip Barton, chief executive... 

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

Tanzania moves to buy standard-gauge rail rolling stock

By: John Muchira     26th January 2018 Tanzania has set in motion the process to acquire rolling stock to be used on the standard-gauge railway (SGR) network that is currently under construction as it vies to become East Africa's transport hub. According to an international tender notice floated by State-run railway company Reli... 

Investments accumulated to catalyse off-grid energy development

By: Dylan Slater     26th January 2018 Multilateral development bank African Development Bank’s (AfDB’s) board approved a $30-million investment in the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF) last month.  

A strong rand is ruining the gold rally for South African mines

By: Bloomberg     25th January 2018 For South African gold miners, it’s both the best and worst of times. The metal started the year with a bang, rising 4% so far and trading near the highest since August 2016. But an equally impressive rally in the rand means that South Africa-focused producers are likely to miss out on the party. 

Paragon sees in 2018 with major new projects across Africa

16th January 2018 Paragon has confirmed its standing as a leading architecture, interior design, and space-planning practice with the completion of several major projects in 2017. “These were long in the making and large in scale, and have once more provided a new perspective on our capability,” according to... 

New JV to develop small-scale Zambian hydropower projects

By: Schalk Burger     12th December 2017 The New Africa Power joint venture (JV) plans to develop a 65 MW portfolio of small-scale, run-of-the-river hydropower projects in Zambia. The JV, established by Nairobi-based energy holding company responsAbility Renewable Energy, international finance institution Norfund and investment company... 

Mine fatalities in South Africa rise first time in decade 

By: Bloomberg     8th December 2017 For the first time in almost a decade, more people are dying in South African mines, the world’s deepest and among the most dangerous. There were 81 fatalities from January through November, according to data from the Chamber of Mines, an industry lobby group. Harmony Gold Mining Co. reported a... 

Mnangagwa's task to rebuild Zimbabwe economy

By: Bloomberg     23rd November 2017 When Emmerson Mnangagwa takes over from Robert Mugabe as Zimbabwe’s President on Friday, he’ll inherit an economic wasteland that will take years and a complete reversal of some of the government’s signature policies to set right. Among Mnangagwa’s key challenges will be to revive an... 

Company expands African footprint to pursue major projects

By: Robyn Wilkinson     20th October 2017 Despite slowing economic growth, political challenges and associated declining investor confidence in many parts of Africa, global project management consultancy Turner & Townsend continues to strengthen its network on the continent as it pursues major projects in mining, oil and gas,... 

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... 

Johannesburg ranked most visited city in Africa

By: African News Agency      10th October 2017 South Africa’s most-populated city, Johannesburg, has emerged as the most popular destination city in Africa in 2016 followed by Cape Town, according to the annual Mastercard Global Destination Cities Index released on Tuesday. The Mastercard Global Destination Cities Index showed that... 

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