http://www.engineeringnews.co.za
R/€ = 14.88 Change: 0.00
R/$ = 12.10 Change: 0.00
Au 1335.58 $/oz Change: -5.52
Pt 927.50 $/oz Change: -4.49
 

Topic

New heavy-duty jib put to the test

     20th April 2018 Heavy lifting solutions provider Ale has used its heavy duty jib with the the AL.SK350 crane while performing its inaugural lift, weighing 1 276 t, of a floating production storage and offloading (FPSO) module integration project in Nigeria. The world’s largest capacity land based crane, the... 

Nigeria plans power tariff overhaul by 2021 to attract investment

By: Reuters     19th April 2018 Nigeria plans to overhaul its energy tariff system by 2021 to try to attract investment and improve power supply, the vice chairman of the country's electricity regulator said. Only about half of the 190 million people in Africa's most populous country have access to power. The problem has been... 

Department shares Vaal dam water regulatory best practice with Nigerian group

By: Marleny Arnoldi     18th April 2018 The Department of Water and Sanitation (DWS) on Wednesday hosted a delegation from the Nigerian government’s integrated water resources management commission at the Vaal dam, in the Free State, to undertake a technical study tour and share water regulatory best practices. The study tour comes as... 

Ramaphosa's plan to attract R1.2tr in investment marks potential new dawn

By: News24Wire      18th April 2018 President Cyril Ramaphosa’s plan to raise over R1-trillion in new foreign investment has been hailed by economists as the beginning of a “new dawn” for South Africa after years of low growth and policy uncertainty. On Monday, Ramaphosa announced that South Africa will later this year host a major... 

African businesses grow despite difficult macro environment – PwC

By: Marleny Arnoldi     17th April 2018 Despite a challenging environment, with public debt approaching critical levels in some countries and concerns over excessive reliance on oil, African businesses are expanding.  

Consol IPO may raise up to $415m

By: Reuters     16th April 2018 South African glass bottle maker Consol aims to raise up to $415-million via an initial public offering (IPO), it said on Monday, returning the firm to public markets after more than a decade in the hands of private equity groups The flotation, pencilled in for April 30, comes amid growing... 

Investment in Africa’s ports, shipping sector can accelerate economic growth

By: African News Agency      12th April 2018 More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade as these are gateways for 80% of merchandise trade by volume and 70% by value, globally. This is according to an analysis report of port development in sub-Saharan Africa (SSA) issued by the... 

Impairments push Lafarge Africa to 2017 loss, shares fall

By: Reuters     9th April 2018 Lafarge Africa has taken a one-off impairment in Nigeria and South Africa totalling around 33-billion naira ($105-million), widening its loss before tax for 2017 from a year earlier and sending its shares tumbling. Bruno Bayet, CFO, told Reuters the impairments accounted for bulk of the loss,... 

Nigeria: Africa’s prime power development hotspot

     9th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

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... 

Firm reiterates Africa’s importance as strategic region

     6th April 2018 Africa remains a strategic and promising business region for integrated infrastructure delivery company Aecom, and as the outlook for the continent remains positive, the company is ensuring it has the necessary staff and technical expertise to allow it to capitalise on growth opportunities. In... 

Africa begins journey towards continentwide free-trade deal

By: Bloomberg     6th April 2018 African leaders signed accords setting up a continental free-trade area that’s expected to boost commerce within the 55-member African Union and eventually supplant a patchwork of existing agreements. More than 40 nations signed the African Continental Free Trade Area agreement, or AfCFTA, which... 

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,... 

Future of SA space industry lies in collaborations and constellations

By: Rebecca Campbell     6th April 2018 International collaboration is essential for a successful South African space programme. “The future of the South African space industry lies in international collaboration in satellite constellations,” affirms South African private-sector space enterprise SCS Aerospace Group Executive Chairman... 

Iata reports strong global passenger demand for February

By: Marleny Arnoldi     5th April 2018 Global passenger traffic results for February showed a rebound in traffic growth, following the slower demand experienced in January, which was owing to temporary factors such as the later timing of the Lunar New Year. The International Air Transport Association (Iata) reported on Thursday that... 

Oando commissions new office building in Lagos

By: Anine Kilian     5th April 2018 Dual-listed Oando has officially commissioned its new office building, the Wings Office Complex, in Lagos, Nigeria. The complex, which was commissioned by State and Petroleum Minister Ibe Kachickwu,  comprises two 12-storey towers with 27 000 m2 of lettable office space, a three-level car park,... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Nigeria: Africa’s prime power development hotspot

     5th April 2018 Nigeria offers a wealth of power sector business opportunities, with industrialists actively seeking generation and distribution solutions to power their business growth. Paul Runge, Director Projects & Development Finance at research and consulting specialists Africa House, reports that his... 

Nigerian government invites tenders for environmental remediation project

By: Marleny Arnoldi     4th April 2018 The Federal Government of Nigeria (FGN) is seeking to appoint environmental remedial contractors for phase one of its Remediation of Hydrocarbon Impacted sites in Ogoni project.  

WSP finalising port projects in Africa

By: Jessica Oosthuizen     30th March 2018 Multidisciplinary engineering consultancy WSP Africa is involved in several port-related projects across Africa, some of which will be finalised this month, says WSP Africa maritime director Andre van Tonder. WSP is undertaking the yearly National Port Plan review for State-owned freight utility... 

Gas seen playing key role in Africa’s decentralised power landscape

By: Schalk Burger     30th March 2018 Africa is aiming to raise its installed power generation capacity by 250 GW by 2030. Liquefied natural gas (LNG) can serve as a baseload energy source and gas-powered generation assets can be built modularly and scaled up as use increases, says modular infrastructure, engineering services and gas... 

Nampak mulls sale of glass business

By: Simone Liedtke     29th March 2018 JSE-listed packaging company Nampak plans to dispose of its glass business, as market demand exceeds the operation’s capacity to supply products, given ongoing production limitations. Progress within the business has not been as fast as desired and it is expected to make a loss for the half year... 

EIB pumps $25m into off-grid solar project

By: Marleny Arnoldi     28th March 2018 The European Investment Bank (EIB) has provided $25-million in financing for off-grid solar lighting company d.light to strengthen access to energy in Africa.  

Nigeria to consult before deciding on African trade zone

By: Reuters     27th March 2018 Nigeria decided not join an Africa free trade zone last week because it needs to carry out more consultations at home first, the government said on Tuesday. Other leaders agreed to form a zone encompassing 1.2-billion people, but 11 countries including the continent's biggest economy, Nigeria,... 

ExecuJet base in Lagos granted free trade zone status

By: Rebecca Campbell     26th March 2018 Aviation company ExecuJet announced on Monday that its maintenance, repair and overhaul (MRO) facility in Lagos, Nigeria, had been designated a free trade zone (FTZ) by the Nigerian authorities. As a result, parts and services supplied by ExecuJet to its customers in Nigeria’s commercial capital... 

Stabila sets the standard for measuring tools in the construction sector

     23rd March 2018 Stabila measuring tools are well-known in the global construction industry for their precision, long life, and high quality. These premium German products are distributed locally by Upat SA (Pty) Ltd. Upat National Product Specialist Charl Weber comments that construction industry professionals... 

Tyrexpo Africa 2018: Africa’s gateway to the continent’s Tyre Community coming in April 2018

     23rd March 2018 Over 2,500 international, regional and local tyre manufacturers, OEMs, distributors, dealers, retailers fleet operators and garage owners will convene at Tyrexpo Africa (co-located with GarageXpoAfrica), to be held at the Gallagher Convention Centre Hall 2, Johannesburg on 10 – 12 April 2018 The... 

Radebe to address power roundtable in April

     23rd March 2018 South Africa’s power sector has again entered a period of uncertainty after a planned signing ceremony for 27 independent power producers (IPPs) failed to materialise on March 13, following a legal challenge by the National Union of Metalworkers of South Africa. The court case, planned for March... 

Nigeria needs to boost social spending to sustain growth – Gates

By: Reuters     23rd March 2018 Nigeria needs to boost investment in social infrastructure to lift its population out of poverty and achieve a higher income status, billionaire Microsoft co-founder Bill Gates told Reuters on Thursday. Gates said in an interview that his Bill & Melinda Gates Foundation has committed $1.6-billion... 

Ramaphosa: SA borders 'need to be open for Africans to move freely and to promote business'

By: News24Wire      22nd March 2018 South Africa's borders need to be open for people – particularly Africans – to move more freely and to promote business, President Cyril Ramaphosa has said. He also reiterated the need for a single currency on the continent. Ramaphosa told journalists following a summit on the African Continental... 

SA President Ramaphosa punts single African currency at crucial AU Summit

By: African News Agency      22nd March 2018 South African President Cyril Ramaphosa on Tuesday strongly punted the idea of creating a single homogeneous currency for African countries in a bid to attract infrastructure investment and enable ease of intra-African trade. Speaking as a panelist on financing intra-Africa trade at the African... 

Ramaphosa says SA needs consultation before signing the African free-trade deal

By: African News Agency      22nd March 2018 South African President Cyril Ramaphosa on Wednesday said that his government needed more time to consult relevant stakeholders about the continental free trade area treaty before signing it. Ramaphosa did not sign the crucial agreement at the African Union (AU) Extraordinary Summit in Rwanda's... 

AU ready to sign continental trade treaty without Nigeria

By: African News Agency      20th March 2018 African Union (AU) chairperson Paul Kagame on Tuesday gave a strong indication yet that member states will sign the treaty to create the continental free trade area even if the continent's most-populated country, Nigeria, withdraws from the meeting. At least 53 African Heads of States have... 

AECOM reiterates Africa’s importance as a strategic business region

     20th March 2018 Africa remains a strategic and promising business region for AECOM. While the outlook for the continent remains positive, the integrated infrastructure delivery company is ensuring it has the necessary staff and technical expertise to allow it to capitalise on growth opportunities. In West... 

Erin Energy widens loss despite higher oil price lifting revenue

By: Simone Liedtke     16th March 2018 Oil and gas exploration and production company Erin Energy has widened its net loss to $151.9-million, or $0.71 a share, in 2017, from $142.4-million, or $0.67 a share in 2016. The loss comes despite a 30% increase in revenue to $101.2-million and lower exploration and production expenses. The... 

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... 

Africa’s downstream oil industry holds promise

By: Kim Cloete     14th March 2018 The downstream market is dynamic in Africa and continues to evolve and become more transparent throughout the supply chain, says African energy specialist CITAC Africa executive director Gary Still. He told the annual African Refiners & Distributors Association (ARA) conference, in Cape Town, on... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close