N e w s

Grab opportunities in oil, gas, companies challenged

 Dar es Salaam — Experts have called upon Tanzanian companies to grab opportunities available in the discovery of helium gas and construction of oil pipeline and the Liquefied Natural Gas (LNG) Plant as the projects have potentials to boost Tanzania economy.   This was revealed yesterday during the Tanzania Oil and Gas Suppliers Conference (TOGSC) that brought together local and foreign players with other stakeholders in the.... Read more »

Posted on : Saturday , 3rd September 2016

Kenya eyes Chinese investments to hasten economic growth: official

 The Kenyan government has intensified efforts to attract Chinese investments in key sectors of the economy like manufacturing, energy, transport, tourism and real estate, a senior official said on Friday.   Speaking during the China (Guangdong)-Kenya Economic and Trade Cooperation Conference in Nairobi, Cabinet Secretary for Labor & East African Community Affairs Phyllis Kandie said Kenya is open to Chinese investments to hasten.... Read more »

Posted on : Saturday , 3rd September 2016

African nations endorse trade partnerships to boost growth

 Africa’s biggest economies want one trade bloc for the continent which they say would shield it from global commodity shocks and improve living standards.   Foreign and trade ministers from Kenya, Nigeria, South Africa and Egypt issued a communique after meeting on the sidelines of the Tokyo International Conference on African Development (Ticad) held in Nairobi last week.   This came just before the Ticad summit.... Read more »

Posted on : Saturday , 3rd September 2016

South Africa’s 3D Printing Sector Shows Potential Growth Across the Board

 All across the world, the 3D printing sector is expanding at an exponential rate, and South Africa is no exception to this growth. The country has gained recognition from the 3D printing community for Hans Fouche’s large-scale Cheetah 3D printer, which was recently put to the test by South Africa’s I Maker Lab. Meanwhile, the German-based Aachen University of Applied Sciences has been hosting 3D Printing Summer School sessions.... Read more »

Posted on : Saturday , 3rd September 2016

South Africa to become wind energy hot spot

 As recently as 2012, South Africa had very little wind energy capacity—10 MW to be precise—and it had taken ten years to get to that point. Now, in 2016, it is right around 2 GW. That's something like a 1900% increase in four years by my (admittedly math-addled) brain. And according to consulting firm GlobalData, another 3 GW are due to be added in the next four years.   This matters for all of us.   According to.... Read more »

Posted on : Saturday , 3rd September 2016

EOI: EPCM contractor for Phase 1, Corbetti project, Ethiopia

 In a release yesterday, Corbetti Geothermal PLC is seeking expressions of interest (EOI) from interested parties for EPCM services for the first phase of the Corbetti geothermal project in Ethiopia, Africa.   Corbetti Geothermal PLC is developing a geothermal power project in the Corbetti caldera in Ethiopia.  The first phase of the project includes plans to install two (2) new wellhead backpressure turbines with total capacity.... Read more »

Posted on : Friday , 2nd September 2016

Innovation in Africa's medical sphere

 Innovation within the medical space is growing and one entrepreneur that is taking advantage of this is Kaakpema Yelpaala, CEO and Founder of Access.Mobile, a programme that easily connects patients and doctors from any location.... Read more »

Posted on : Friday , 2nd September 2016

LCP Roofing scoops three ITC-SA timber construction awards

 South African leader in roof truss technology, LCP Roofing, has won no fewer than three awards for their roofing projects at the Institute for Timber Construction (ITC-SA) Timber Engineered Product Awards which took place at Expo Centre Nasrec on the 19th of August. While the awards have traditionally been a platform to acknowledge and reward excellence in the timber frame building sector with various categories from decking to structures.... Read more »

Posted on : Friday , 2nd September 2016

Unlocking the potential of Africa's oil and gas sector

 A fall in the global oil prices has led to a reduced level of activity across the African continent and has affected countries that rely on oil and gas revenue   Despite this, there are still significant opportunities for Africa’s oil and gas sector.    Chris Bredenhann, PwC Africa Oil & Gas Advisory Leader, said that the industry needs to look further than the challenges caused by low oil prices and evaluate.... Read more »

Posted on : Friday , 2nd September 2016

AKON PROVIDES ELECTRICITY TO 80 MILLION AFRICANS

 Here in the west, Akon is a celebrity mostly known by his musical hits like “Locked Up,” “Lonely,” “Belly Dancer,” and “Ghetto” to name just a few.   But his most amazing noteworthy achievement and legacy, which has not been mentioned much in the mainstream western media, is that through his entrepreneurial endeavors stemming from the success that he had through his music career, he.... Read more »

Posted on : Friday , 2nd September 2016

Solar power tops investment opportunity ranking in Africa

 Solar power topped the ranking of most promising investment opportunities in Africa as the energy sector was considered to be the main driver of economic growth within the 2020 horizon, according to survey among top finance institution.   The survey was carried out among 55 financial institutions and banks for the second edition of the Havas Horizons study on finance for growth in Africa, published by Paris-based communication.... Read more »

Posted on : Friday , 2nd September 2016

Vehicle exports bounce back strongly

 VEHICLE exports bounced back strongly in August after two months of treading water, reviving hopes that South African motor industry production will achieve record levels in 2016.   Local motor companies exported 35,620 cars and commercial vehicles last month, 27% more than they managed in August 2015. As a result, exports for the year to date – 232,324 – rebounded from a deficit at the end of July, to an overall.... Read more »

Posted on : Friday , 2nd September 2016



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