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Leadership and inclusive growth to take centre stage at WEF on Africa

By: African News Agency      28th April 2017 Africa’s drive to generate inclusive economic growth and the leadership this requires will be the focus of the twenty-seventh World Economic Forum on Africa, taking place in Durban, South Africa, from May 3 to 5. The 27th World Economic Forum on Africa will convene over 1,000 leaders from more... 

AfDB approves $253m for Uganda–Kenya connecting road upgrades

By: Mia Breytenbach     28th April 2017 The African Development Bank Group (AfDB) has approved $253-million in loans to the governments of Kenya and Uganda for the upgrading of a 118 km road section connecting the two countries and construction of the 32km Eldoret town bypass, in Kenya. Kenya will receive $147.3-million and Uganda... 

Africa urged to transform dependence on commodities

By: African News Agency      25th April 2017 Even as the world emerges from the worst of the global commodity price meltdown, African countries were urged on Tuesday to make the most of the next upward cycle to diversify and industrialise away from over-reliance on exports of raw materials. In a statement, Dr Martyn Davies, Deloitte... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can be no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012, that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, compared with India’s 7.6%,... 

Interest in nuclear energy said to be rising across sub-Saharan Africa 

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

Interest in nuclear energy said to be rising across sub-Saharan Africa

By: Keith Campbell     21st April 2017 There is more interest in nuclear energy in sub-Saharan Africa than is generally realised. According to the World Nuclear Association (WNA), countries in the region which are individually planning or considering nuclear power are Ghana, Kenya, Namibia, Nigeria, Senegal, Tanzania, Uganda and... 

Kenyan fabricator enters partnership with welding institute

     14th April 2017 The Southern Africa Stainless Steel Development Association (Sassda) facilitated a visit for Kenya-based stainless steel fabricator Desbro Engineering to several South African counterparts, resulting in a training partnership between Desbro and the South African Institute of Welding (SAIW).... 

New book on East African Community (EAC) law published

     11th April 2017 Written by leading experts including the president of the East African Community Court of Justice (EACJ), national judges, academics and law practitioners; East African Community Law discusses the nature of EAC law, free movement and competition law as well as the reception of EAC law in partner... 

Two pipelines test economics of East Africa’s oil developments

By: Bloomberg     7th April 2017 A decade after its first big oil find, East Africa’s emergence as a crude exporter has been hindered by security and cost concerns that left the region building two pipelines instead of one. Uganda and Kenya are developing two new basins and originally agreed to build one line to connect the... 

Index shows South Africa is wasting its renewable energy potential

By: Megan van Wyngaardt     3rd April 2017 Although South Africa is the country with the most potential “by far” in terms of its renewable energy programmes, it is stuck in a the “(Fitfully) Waking Giant” category, financial services provider Fieldstone Africa said in its first renewables index for the year. When the Fieldstone Africa... 

Cummins C&G Limited Targets Strong Growth In East Africa

     24th March 2017 The 50:50 joint venture partnership between Cummins and Car & General (C&G), to be known as Cummins C&G Limited, will be fully operational in April 2017. Cummins C&G Limited’s region of responsibility will cover Kenya, Tanzania, Uganda, Ethiopia, South Sudan, Rwanda, Burundi, Djibouti, Eritrea,... 

PiA Solar

     24th March 2017 Established in 2012, PiA Solar designs, manufactures and installs mounting systems for the solar photovoltaic industry, including the ContourR+ single-axis tracker and fixed tilt structures. The company also undertakes a full range of projects for the rooftop market.   To date, PiA has installed... 

Black Mountain sells into Southern Africa

By: Esmarie Swanepoel     23rd March 2017 Junior vermiculite miner ASX-listed Black Mountain Resources has completed its first sale, to a new customer, in Southern Africa. “This first sale is a pleasing development for Black Mountain,” said chairperson and CEO Julian Ford, adding that it demonstrated that there was a demand for the... 

Black Mountain shaves costs in Uganda

By: Esmarie Swanepoel     20th March 2017 ASX-listed Black Mountain Resources is expecting to save some A$1.3-million a year at its Namekara vermiculite mine, in Uganda, with the installation of an intermediate storage facility (ISF). The company on Monday reported that it will spend some A$240 000 on the ISF, which will take three... 

What to expect on trade agreements front in 2017

By: Taapano Paradza      17th March 2017 As far as trade agreements are concerned, 2016 was an unprecedented year, with significant activity occurring that had never been witnessed in the past decade. The Economic Partnership Agreement with the European Union and South Africa’s first trade agreement with South America, the Common Market... 

Refiners commit to producing clean fuels 

By: Kim Cloete     15th March 2017 Although Africa’s oil refining industry will need significant investments to adapt to the move by industry and the automotive sector to cleaner fuels, companies say they are committed to the change. “The impact will touch all sides of the industry, starting with refining and marketing. It will... 

Black Mountain reports maiden inferred resource in Uganda

By: Esmarie Swanepoel     10th March 2017 Junior Black Mountain Resources has reported a maiden indicated mineral resource of 4.6-million tonnes, grading 19% vermiculite at its Namekara project, in Uganda. “We have infill drilled around 10% of the area currently covered by the inferred resource and have converted about 85% of this... 

Secret of the Kibali mine – flying people in and gold bars out

By: Bloomberg     6th March 2017 Randgold Resources had to haul heavy equipment more than 1 000 miles to build the roads and hydropower plants needed to construct its Kibali gold mine, the biggest in Democratic Republic of Congo. The sprawling facility in a remote corner of a country the size of Western Europe is a high-tech... 

Africa slump not grounds for ‘excessive pessimism’

By: Bloomberg     3rd March 2017 The student is halfway through her question to Christine Lagarde when the power cuts – a reminder of the obstacles facing Africa’s poorest nations. The head of the International Monetary Fund (IMF) doesn’t miss a beat. “As you can see, building better infrastructure – roads, the Internet,... 

Busega–Mpigi express highway project, Tanzania

By: Sheila Barradas     24th February 2017 The project involves the construction of a 23.7 km four-lane express highway. 

Bowmans grows African Oil & Gas offering with key partner appointment

     22nd February 2017 Leading pan-African law firm, Bowmans, has appointed London-based lawyer, Nicolas Bonnefoy, as a partner in its Oil & Gas Sector Group.   Bonnefoy is an oil & gas and mining project lawyer with an exclusive focus on Africa. Dual qualified as an Avocat in France and a solicitor of England and... 

African Utility Week Industry Awards include new gas, small scale and ICT categories to reflect evolution of energy and water sectors

     20th February 2017 Nominations are open for top industry professionals and projects   “I know the energy revolution is powering up and ready to take off. We should embrace energy trade with each other”.  With these words Mr Kandeh Yumkella, UN Under-Secretary-General and Former Special Representative of the... 

Lake Albert oilfield development project, Uganda

By: Sheila Barradas     17th February 2017 The project is expected to produce about 230 000 bbl/d when it reaches full production. 

Tanzania set to proceed with Dar port expansion

By: John Muchira     10th February 2017 Tanzania is set to proceed with the long-stalled expansion of the Dar es Salaam port, after securing funding from the World Bank. Two years after breaking ground, the project has been in doubt until recently, when the Bretton Woods institution approved a $305-million loan for the project. 

Tororo solar photovoltaic project, Uganda

By: Sheila Barradas     10th February 2017 The project entails the construction of the 10 MW solar photovoltaic project. 

Kansai Plascon acquires Sadolin Paints

By: Anine Kilian     9th February 2017 Kansai Plascon Africa, a subsidiary of Japan-based Kansai Paint, will acquire 100% of East African paint distributor Sadolin Paints’ operations in Kenya, Uganda, Tanzania, Zanzibar and Burundi. The completion of the transaction is subject to regulatory approvals and other customary conditions. As... 

Parties recommit to AMV Compact, Mbeki praises initiative’s aims

By: Ilan Solomons     9th February 2017 Delegates at a policy dialogue forum during the 2017 Investing in African Mining Indaba heard strong re-endorsements from public and private sector speakers for the Africa Mining Vision (AMV) Compact. The AMV Compact was launched at last year’s Mining Indaba, where it received early support from... 

Global and national energy experts prepare to attend the annual Africa Energy Indaba 2017 following #AfricaAtDavos

     7th February 2017 World Economic Forum followers of 2017 reported that this year’s event saw a shift in the way Africa was perceived at Davos.  Discussions were particularly focused on opportunities for business and investment and African business leaders made their voices heard.  The popularity of the... 

Biomass gasification project, Uganda

By: Sheila Barradas     3rd February 2017 The project proposes the development of Uganda’s first biomass gasification project. 

Truck group expects market to recover in 2017, but risks persist

By: Irma Venter     3rd February 2017 Both the South African and sub-Saharan African (SSA) new-truck markets should see growth this year, following a tough 2016, says UD Trucks Southern Africa (UDTSA) marketing director Rory Schulz. The South African new truck market, including exports from South Africa into Africa, declined by 11%,... 

Uganda says funding secured for new standard-gauge railway line

By: John Muchira     3rd February 2017 As Kenya gears up to commission the first phase of a standard-gauge railway (SGR) line running from the coastal city of Mombasa to Nairobi, the capital city, in June, neighbouring Uganda has closed financial agreements with Exim Bank of China for the construction of its own SGR line, which will... 

Veeam outlines partnership-based growth vision for Southern Africa

By: Schalk Burger     3rd February 2017 Information technology (IT) availability company Veeam’s local partners – which enable it to have a constantly available presence and effective support in the Southern African countries it is expanding in – are fundamental to the firm’s long-term growth plans, says Veeam Africa South regional... 

AIIM acquires stake in DCG

By: Anine Kilian     2nd February 2017 African infrastructure equity investment manager African Infrastructure Investment Managers (AIIM) has acquired a 60% interest in dry bulk terminal operator DSM Corridor Group Tanzania (DCG), in the Port of Dar es Salaam, in Tanzania. “The port and surrounding infrastructure is set to be... 

Solar opportunities raised at exhibition

     27th January 2017 After the success of Solar Africa 2015, at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya, organiser of trade events Expogroup announced the return of Solar Africa 2017 from June 10 to 12. Expogroup highlights that one of the major challenges in the renewable energy... 

Tullow Oil reports more exploration success in Kenya

By: John Muchira     27th January 2017 British company Tullow Oil has discovered more crude oil in Kenya, igniting confidence that the East African country's recoverable reserves could top one-billion barrels. Barely a few months before the country embarks on small-scale crude production, Tullow Oil has announced the discovery of more... 

Recovery possible for SA, sub-Saharan truck markets, says UD Trucks

By: Irma Venter     20th January 2017 Both the South African and sub-Saharan African (SSA) new-truck markets should see growth this year, following a tough 2016, says UD Trucks Southern Africa (UDTSA) marketing director Rory Schulz. The South African new truck market, including exports from South Africa into Africa, declined by 11%,... 

Tullow sells stake in Uganda project to Total in $900m deal

By: Megan van Wyngaardt     10th January 2017 Africa-focused independent oil company Tullow Oil will sell a 21.75% interest in the Lake Albert oil project, in Uganda, to Total for $900-million. Tullow will, however, retain an 11.76% interest in the upstream and pipeline operations, which will reduce to 10% when the Uganda government formally... 

Uganda solar PV project on track

By: Megan van Wyngaardt     21st December 2016 Multinational independent power producer Building Energy on Wednesday said it could proceed with the construction of the 10 MW Tororo solar photovoltaic project ins Uganda, as it reached financial close with Dutch development bank FMO for $14.7-million. The project’s shareholders will attribute... 

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