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EAIF commits billions to Sonatel’s receivables-backed bond
23rd January 2024 By: Natasha Odendaal

Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has committed XOF23.5-billion to a XOF75-billion receivables-backed bond issued by... 

Aton reorganises management team, appoints new COO
23rd January 2024 By: Tasneem Bulbulia

TSX-V-listed Aton Resources has reorganised the management team at its Abu Marawat Concession in the Eastern Desert of Egypt. Robert Parr has been appointed COO and will be responsible for... 

The Aurubis plant in Hamburg, Germany
Aurubis moves to terminate CEO’s contract after copper scam
23rd January 2024 By: Bloomberg

Aurubis is preparing to terminate the contract of its CEO and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. The company’s supervisory... 

China, in comic strip, warns of 'overseas' threats to its rare earths
22nd January 2024 By: Reuters

hina's chief intelligence agency posted on social media a comic strip featuring foreign-looking characters secretly extracting rare earths, in a story portraying the country's strategic metals... 

Solar panels, wind turbines and a hydrogen storage tank
Lhyfe, Source Galileo to establish green hydrogen production units in the UK, Ireland
22nd January 2024 By: Schalk Burger

Green and renewable hydrogen producer and supplier Lhyfe and renewable energy developer Source Galileo have entered into an agreement to jointly develop commercial-scale green and renewable... 

An image depicting people standing around a sign
Companies launch programme, help empower Zambian rural population
22nd January 2024 By: Sabrina Jardim

Agribusiness company Schweizer Agriculture and seed company Seedco Zambia International have launched a nationwide horticulture training programme under the Schweizer Agriculture' Poverty... 

An artist's impression of the proposed Cape Winelands Airport
Multibillion-rand Cape Winelands Airport aims to receive first passengers in 2027  
22nd January 2024 By: Irma Venter

Cape Town’s proposed second big commercial airport, the Cape Winelands Airport (CWA), should receive its first passengers in 2027, says RSA.Aero MD Nick Ferguson. RSA.Aero is the project developer,... 

Afsia unpacks record year for global solar installations in 2023
19th January 2024 By: Marleny Arnoldi

Africa Solar Industry Association (Afsia) finds in its fourth yearly ‘Solar Outlook’ report that 350 GW of solar power were added in 2023, marking the highest year for solar photovoltaic (PV)... 

EY Logo
Energizing Africa
19th January 2024

Our recently released EY Africa Attractiveness Report 2023 highlights below some of the challenges and opportunities that are present in the continent’s energy sector. 

African country flags
Key African economies to hold off from rate cuts until second half of 2024
19th January 2024 By: Bloomberg

African central banks due to decide on interest rates in the next three weeks are poised to maintain tight monetary policies, in contrast to their emerging market peers in Europe and Latin America,... 

The Role of Independent Power Producers (IPPs) in Africa
The Role of Independent Power Producers (IPPs) in Africa
19th January 2024

As Africa continues to navigate the complexities of meeting its growing energy demands while advancing sustainable development goals, the role of Independent Power Producers (IPPs) emerges as a... 

Sébastien de Montessus
Endeavour Mining says former CEO to lose $29.1m in pay
19th January 2024 By: Bloomberg

Endeavour Mining is stripping its former CEO Sébastien de Montessus of $29.1-million in renumeration after he was fired earlier this month for “serious misconduct". The London-based gold miner... 

An image of Evan Schiff and other Africa's Big 7 members and exhibitors
Africa’s Big 7 provides marketplace for food industry players
19th January 2024 By: Trent Roebeck

Africa’s Big 7 will be celebrating its twenty-first year of providing a platform in Africa for food and beverage product manufacturers, suppliers, retailers and other food industry service... 

An image of visitors attending the Securex conference
Security conference showcases latest security trends
19th January 2024

A  trendsetter forum in the security sector, Securex South Africa 2024 will take place from May 28 to 30, at the Gallagher Convention Centre in Midrand, alongside the colocated A-OSH EXPO,... 

AfDB pledges to quadruple financing for climate adaptation
19th January 2024

Development funding institution African Development Bank (AfDB) recently pledged to quadruple its financing for climate adaptation to reach $25-billion by 2025 through the promotion of... 

AN image of Energy Council of South Africa CEO James Mackay
Electricity Regulation Amendment Bill essential to resolving energy crisis
19th January 2024

The Electricity Regulation Amendment Bill will accelerate South Africa’s shift towards a decentralised, modern, and low-carbon energy system, says industry association Energy Council of South... 

Small businesses using cloud technology could add R185.9bn to South Africa’s economy
19th January 2024 By: Natasha Odendaal

The adoption of cloud computing by South Africa’s small, medium-sized and microenterprises (SMMEs) can potentially unlock R185.9-billion for the country’s economy by 2030. Further, the use of the... 

Dept to launch turnaround initiatives as SA’s water quality, wastewater plants deteriorate
19th January 2024 By: Natasha Odendaal

As South Africa’s water quality, nonrevenue water and wastewater facilities deteriorate, the Department of Water and Sanitation (DWS) is embarking on various initiatives to arrest the downward... 

Eagle Eye Defence aims to roll out in-vehicle biometric security system this year
19th January 2024 By: Irma Venter

South African startup Eagle Eye Defence has developed an in-vehicle security system that uses fingerprint verification to start the powertrain. Cofounder Iviwe Mosana describes Eagle Eye Defence as... 

Location map of the Tulu Kapi gold project
Tulu Kapi gold project, Ethiopia – update
19th January 2024 By: Sheila Barradas

The full project launch, including funding drawdown, is on course for the first half of 2024. 

An image depicting Dobsonville housing
Joshco releases app to help tackle fraud, corruption in housing application process
18th January 2024 By: Sabrina Jardim

In a strategic move to tackle inefficiency, fraud and corruption, the Johannesburg Social Housing Company (Joshco) has transitioned from a paper-based application process to a leasing app. The... 

Aton receives mining licence for Abu Marawat concession in Egypt
18th January 2024 By: Tasneem Bulbulia

An exploitation lease, or mining licence, for gold and associated minerals has been issued to TSX-V-listed Aton Resources for its 100%-owned Abu Marawat Concession, in the Eastern Desert of Egypt.... 

The existing Ulco operation and new mining area
AfriSam expects to start mining new Ulco limestone quarry later this year
18th January 2024 By: Schalk Burger

Aggregates and construction materials company AfriSam will soon start mining at a new limestone deposit near its Ulco cement plant, in the Northern Cape. The relocated quarry will be capable of... 

Energy Transition asked to give payment security for Greenland case
Energy Transition asked to give payment security for Greenland case
18th January 2024 By: Reuters

Australia's Energy Transition Minerals said on Thursday a Copenhagen arbitration tribunal ordered its unit to give payment security for the Greenland and Denmark governments' legal costs against... 

Makuutu rare earths project granted large-scale mining licence
18th January 2024 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths (IonicRE) reports that Rwenzori Rare Metals, owner of the Makuutu heavy rare earth project, in Uganda, has formally received the granted large-scale mining licence over... 

TotalEnergies offices with its logo
IMF sees TotalEnergies restarting Mozambique LNG project in early 2024
18th January 2024 By: Bloomberg

A group led by TotalEnergies will likely resume work on a liquefied natural gas (LNG) project in Mozambique early this year, according to the International Monetary Fund, after a raid by Islamic... 

Hannes Meyer, AfriSam Cementitious Executive
New limestone quarry for AfriSam at Ulco
18th January 2024

As the important mineral component of its cement, limestone will soon be mined from a new deposit by AfriSam’s Ulco cement plant in the Northern Cape. The relocated quarry will be capable of... 

A Call to Action to Decarbonise South Africa's Manufacturing Industry
A Call to Action to Decarbonise South Africa's Manufacturing Industry
18th January 2024

In a world increasingly attuned to environmental sustainability, South Africa's manufacturing industry finds itself at a crossroads. The looming threat of the European Union's Carbon Border... 

Enter the New Era of Mobile AI with Samsung Galaxy S24 Series
Enter the New Era of Mobile AI with Samsung Galaxy S24 Series
17th January 2024

Empowering everyday experiences, from barrier-free communication to awe-inspiring creativity to the power for even more possibilities, Galaxy AI transforms the iconic S Series for the future.... 

Potential modest global FDI increase in 2024, but geopolitical, debt and global fracturing are risks
17th January 2024 By: Schalk Burger

The United Nations Conference on Trade and Development's (Unctad's) 'Global Investment Trends Monitor' shows that global foreign direct investment (FDI) flows increased marginally by 3% in 2023 to... 

The Suez canal
Egypt grapples with impact of Red Sea hits on Suez Canal revenue
17th January 2024 By: Bloomberg

Egypt pushed ahead with an increase in transit fees through the Suez Canal this week, as a need for foreign currency trumped a fall in maritime traffic due to Houthi attacks on shipping in the Red... 

Sapia chairperson Seelan Naidoo
Sapia appoints Seelan Naidoo as new chairperson
17th January 2024 By: Schalk Burger

Petroleum industry organisation the South Petroleum Industry Association (Sapia) has appointed Seelan Naidoo to succeed outgoing chairperson Hloniphizwe Mtolo as chairperson. Naidoo, who will serve... 

An image showing GoviEx’s Madaouela project
GoviEx progressing projects despite political challenges
16th January 2024 By: Tasneem Bulbulia

Despite bullish uranium prices, the unexpected military coup in Niger, where TSX-V-listed GoviEx’s  Madaouela project is located, has created some challenges, CEO Daniel Major and executive... 

Droughts, Floods and Contamination: the triple threat to African mining investments
Droughts, Floods and Contamination: the triple threat to African mining investments
16th January 2024

Water availability is a key investment risk to mining in many African countries, adding to the range of risks that will come under the spotlight at the Investing in African Mining Indaba in Cape... 

Aerovel Flexrotor
Airbus Helicopters acquires US uncrewed aircraft company
16th January 2024 By: Rebecca Campbell

Airbus Helicopters, the rotary-wing business of the Europe-based global major aerospace and defence group Airbus, has announced that it is acquiring US uncrewed aerial systems (UAS) company... 

Swiss Ambassador celebrates industrial parks project success with the NCPC-SA
Swiss Ambassador celebrates industrial parks project success with the NCPC-SA
16th January 2024

His Excellency Mirko Manzoni, the ambassador of Switzerland in South Africa, attended a workshop to mark the end of Phase I and the beginning of Phase II of the Global Eco-Industrial Parks... 

Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 

Africa Energy Indaba to once again host the Africa Gas Forum
15th January 2024

Building on its longstanding commitment to fostering comprehensive energy dialogue and collaboration, the Africa Energy Indaba, Africa's leading energy event, is delighted to announce the return of... 

Image of a lock of a data image
Ensuring cybersecurity for backup power management systems
12th January 2024

A new network card for uninterruptable power supply (UPS) units features a range of enhanced capabilities aimed at helping organisations meet cybersecurity challenges. Features of the Gigabit... 

JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 

SA Canegrowers hopes new Tongaat owner will honour industry levy dues
12th January 2024 By: Marleny Arnoldi

Following shareholder approval of embattled sugar manufacturer Tongaat Hulett’s business rescue proposal, which involves the Vision Group acquiring Tongaat’s debt in exchange for equity, industry... 

Laramide PEA confirms potential of New Mexico uranium project
Laramide PEA confirms potential of New Mexico uranium project
12th January 2024 By: Marleny Arnoldi

Canadian miner Laramide Resources has confirmed in an independent preliminary economic assessment (PEA) on the Churchrock uranium project, in New Mexico, the long-life and high-margin potential of... 

Mining industry sees a way to navigate narco crisis in Ecuador
12th January 2024 By: Bloomberg

Ecuador’s budding mining industry sees a way through the violent mayhem sweeping the country, with operating mines and development projects expected to carry on as planned after stepping up... 

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SBS Tanks

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Immersive Technologies
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