Market News Page No. 289| Africa Business News | Afrotrade

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South African city upgrades to smart city LED lights

The city of Bloemfontein, South Africa, has embarked on a smart city initiative to upgrade its streetlight infrastructure over the next three years. It plans to deploy 18,000 luminaires from Echelon Corp, an independent control networking company for the Industrial Internet of Things (IIoT). Bloemfontein is generally regarded as the judicial capital of South Africa, being the seat for the Supreme Court of Appeal. It is also a.... Read more »

Posted on : Tuesday , 20th September 2016

Tanzania: Acacia Bullish of Mining Prospects

Acacia Mining reiterated its full-year production guidance for its Bulyanhulu mine and for the group as a whole, despite setbacks in resuming production at its processing plant at the former site following planned maintenance. Thanks to the strong performance to date at North Mara, one of its three mines in operation in Tanzania, the outfit still expected its total third quarter output to be in line with that of the first.... Read more »

Posted on : Tuesday , 20th September 2016

Cape Town goes green with street lights

Cape Town – The City of Cape Town’s investment in energy efficiency has led to almost 45 000 street lights being fitted with energy saving light emitting diode (LED) lights so far, the city said on Sunday. This included the recent successful retrofitting of 1100 street lights as part of a R3.8-million LED street lighting pilot in Burgundy Estate, Summer Greens, Eversdal, Bothasig, and Aurora. This had already lead to a.... Read more »

Posted on : Tuesday , 20th September 2016

Tanzania: Govt to Lease New Aircraft to ATCL

Dar es Salaam — Air Tanzania Company Limited (ATCL) will not own the two planes recently purchased by the government for a reported $47 million (Sh103.4 billion), it has emerged. The Citizen now understands that the airliners, the first of which is expected to be delivered this week, will be leased to the troubled national carrier. The planes will be owned by the Government Flight Agency (TGFA), which will lease.... Read more »

Posted on : Tuesday , 20th September 2016

East Africa: A Project That Link Up East African, African Society

Several neighbouring countries of Ethiopia are showing choice of fulfilling their electric power demand by purchasing from the country. Recently, Tanzania has announced readiness to sign 400 MW power purchase deal with Ethiopia. The project brings nations towards a consensuses of utilizing the river Nile water resource together considerately. An electric power transmission to neighbouring Kenya is on progress. Ethiopia is also spreading.... Read more »

Posted on : Tuesday , 20th September 2016

Meet the world's first vehicle that can be packed up and shipped like Ikea furniture

A philanthropist asked a racecar designer to make an all-terrain vehicle suitable for humanitarian missions in Africa. The result was the Ox, “the world’s first flatpack truck” — meaning it can be packed up into a flat box and shipped like Ikea furniture. The truck is absurdly simple to assemble: its designers claim that three people can break it down into 60 parts in just 12 hours. (Apparently no one.... Read more »

Posted on : Tuesday , 20th September 2016

Ethiopia to Raise $58 Million for the Construction of the Ethiopian Grand Renaissance Dam

Ethiopian authorities have announced plans to raise 1.8 billion Birr (about $58 million) for the construction of the Ethiopian Grand Renaissance Dam (GERD). The Office of the National Council for the Coordination of Public Participation for the GERD’s construction said the government plans to raise the money this fiscal year, the Ethiopian Herald reported. Funds for the 6,000 MW dam, which would be the biggest.... Read more »

Posted on : Tuesday , 20th September 2016

Africa: The US-Africa Business Forum: Investing in solar energy

Solar energy is a very good and important investment in sub-Saharan Africa. The energy is cheap, clean and relatively easy to install. It is also very beneficial to consumers. As Andy Herscowitz, the coordinator for Power Africa notes, individuals do not have to rely on an electricity grid that can be unreliable, and once they own their own systems, they are self-reliant for power. For example, Mobisol, a German.... Read more »

Posted on : Tuesday , 20th September 2016

A switch from nuclear to solar would brighten the future for Africans and for Britain alike

The Sahara and Somerset don’t strike one as obvious doppelgangers: you’re as unlikely to find date palms in the Mendips as to come across a cider brewery on a sand dune. But now they find themselves curiously connected when it comes to the future of electricity generation, representing two possible paths ahead. The £18.5 billion nuclear plant at Hinkley Point given the green light by the government last week will.... Read more »

Posted on : Tuesday , 20th September 2016

Sh1.7b to boost better storage of biomedical materials

The United States has donated Sh1.7 billion ($17 million) to Kenya to improve its storage of biomedical materials. The money will be used to improve storage infrastructure and train public health workers and those in life-sciences like zoology, microbiology, physiology and biochemistry to mitigate the threat of infectious diseases. When not handled properly or lands in the wrong hands, infectious bacteria such as anthrax.... Read more »

Posted on : Tuesday , 20th September 2016

African officials urge investments in climate smart agriculture

There is need for African governments, multilateral agencies and private sector to prioritize investments in climate resilient farming that promise food security and higher incomes for rural people, officials said on Thursday. Speaking at a side event in the ongoing Africa Green Revolution Forum in Nairobi, the officials were emphatic that African states had no option but to adopt farming systems that can withstand climatic shocks.... Read more »

Posted on : Tuesday , 20th September 2016

Lobby group wants more consultations over new SGR route

Conservationists are up in arms about the Nairobi-Naivasha standard gauge railway (SGR) route that will cut through the Nairobi National Park, and are calling for the postponement of its launch to allow for more consultations. Kenya’s President Uhuru Kenyatta is expected to launch this new phase, whose construction will begin at the Nairobi National Park, on September 26. Conservationist lobby Friends of Nairobi.... Read more »

Posted on : Tuesday , 20th September 2016

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