The Ibeto Cement Company has signed a contract worth US$386 million with Sinoma International Engineering for a major cement project in Nigeria. Sinoma, China National Materials Company’s Shanghai-listed subsidiary, is…
UK Climate Investments will invest up to £200m from DECC's £3.8bn International Climate Fund in renewable energy and energy efficiency projects in developing countries. India , South Africa and parts…
A plan to reform state-owned power company Eskom Holdings and provide more electricity to South Africa and its economy is starting to show results, according to Chief Executive Officer Brian…
SA’s largest property fund, Growthpoint Properties is investing alongside Investec Asset Management, the global investment management firm, partnered by the International Finance Corporation (IFC) to launch a pan-African investment strategy.…
Seismic tests in Democratic Republic of Congo’s Virunga National Park, Africa’s oldest wildlife reserve which is famed for its mountain gorillas, have confirmed the presence of oil, the Congolese government…
The new multi-billion dollar Eko Atlantic City with residential and commercial tower blocks off the coast of Lagos in Victoria Island, is taking shape as developers forge ahead with infrastructure…
Zambian President Edgar Lungu said he won’t allow Glencore Plc’s local unit to cut about 4,000 jobs and that the nation, which is Africa’s second-biggest copper producer, will find other…
Gilat Satcom said it will provide non-governmental organizations (NGOs) operating in Africa with free broadband connectivity over its satellite networks. Gilat Satcom is a long-term sponsor of NetHope, a consortium…
Renewable energy projects financed by Standard Bank are currently producing more than 40% of the 1760 Megawatts (MW) by Independent Power Producers, (IPP’s), under the Renewable Energy Independent Power Procurement…
State-owned Transnet National Port Authority’s (TNPA’s) Dredging Service division launched its 5 500 m3 trailing suction hopper dredger (TSHD), the Ilembe, at the shipyard of manufacturer Royal IHC, in Rotterdam,…
The Nigerian government says a 10MW capacity wind farm is almost complete and has already begun functioning on trial basis. Situated in the Northwestern state of Katsina, the project is…
Africa needs almost R5.5trn ($450bn) investment in the energy sector to reduce power outages by half and achieve energy excess in urban areas, former acting Eskom CEO Zethembe Khosa told…
Africa requires investments to the tune of $60 billion in the next 25 years to end its perennial energy deficit, according to a new report. The report published by the…
Iran’s Minister of Petroleum Bijan Namdar Zangeneh welcomes South Africa’s Energy Minister Tina Joemat-Pettersson at the start of her last Tuesday visit to Tehran. (SHANA photo) An Iranian Petroleum Ministry…