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Traka accelerates expansion into wider African markets

By: Creamer Media Reporter      20th May 2019 Leveraging on almost two decades of experience in South Africa, and a presence in a further six African countries, networked key and equipment management solutions company Traka Africa announces an acceleration in their growth strategy. It plans to open new operations or expand more widely in... 

Bamboo Capital Partners and Smart Africa join forces for first-of-its-kind blended finance technology impact fund

20th May 2019 The BLOC Fund, managed by Bamboo, is a first-of-its-kind blended finance technology impact fund targeting underserved communities in emerging markets The partnership with Smart Africa will support fundraising efforts and sourcing deal flow BLOC has a €100 million target from a combination of... 

Nordic countries strengthen partnerships with sub-Saharan Africa

By: Kim Cloete     17th May 2019 The Nordic countries of Denmark, Finland, Norway and Sweden are strengthening their partnerships with sub-Saharan African countries to increase green electrification and water security. The four countries are known for their expertise in developing viable and innovative energy systems, with a... 

Sibanye, Lonmin merger enters final stretch as AMCU appeal is dismissed 

By: Marleny Arnoldi     17th May 2019 The Competition Appeal Court of South Africa (CACSA) on Friday gave the green light for JSE- and NYSE-listed Sibanye-Stillwater’s proposed takeover of LSE- and JSE-listed Lonmin, dismissing an appeal filed by the Association of Mineworkers and Construction Union. CACSA upheld the Competition... 

SA business delegation heads to Uganda to explore trade and investment opportunities

By: African News Agency      17th May 2019 A group of 25 South African business people were in high spirits ahead of their departure to Kampala, Uganda, to explore trade and investment opportunities in the agro-processing, capital equipment, energy and furniture sectors in the East African country. This is according to the Department of... 

New valves division will provide solutions across industries

By: Khutso Maphatsoe     17th May 2019 As part of the recently launched EMVAfrica brand, the ENERGYValves division is positioned as not only a supplier of valves but also a one-stop-shop valves solution. Engineering News reported last month that industrial stainless steel suppliers Energy Engineered Products, industrial special alloy... 

Eaton acquires controlling interest in Turkish company

By: Kim Cloete     16th May 2019 Power management company Eaton has acquired a controlling interest in Ulusoy Elektrik, a manufacturer of medium-voltage electrical equipment based in Ankara, Turkey. The acquisition will help Eaton develop innovative power solutions for the African market. “The acquisition of Ulusoy Elektrik... 

Coca-Cola outlines its work on replenishing water in Africa

By: Kim Cloete     15th May 2019 Multinational beverage company Coca-Cola has outlined its efforts to replenish the water it uses through partnerships and projects across communities in Africa. “The company has made significant strides in improving its water use over the past ten years and recently announced that three-million... 

Shedding light on construction deadlines

By: Creamer Media Reporter      15th May 2019 Today’s world is fast-paced and as technology advances, consumers are becoming more and more reliant on and expectant of quick solutions. The construction industry isn’t immune to this either. Because deadlines affect bottom lines, keeping a project on track has always been vital, but if... 

South African student named among winning wood scientists in global competition

By: Tasneem Bulbulia     15th May 2019 The International Council of Forest and Paper Associations (ICFPA) on Tuesday announced the three global winners of its 2018/19 Blue Sky Young Researchers and Innovation Award.  University of Pretoria (UP) Masters student Martin Wierzbicki was selected as a winner along with Elina Pääkkönen, from... 

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