African Review weekly digest - 30th October - 3rd November

Komencanto commons for ATR 307(Image source: Komencanto/commons)Here is a brief overview of the week’s news on African Review, from 30th October - 3rd November 2017

Morocco confirms to support energy Conferences in Casablanca in November 2017 

The Ministry of Energy, Mines and Sustainable Development in Morocco has said to extend its support to two conferences on gas and renewable in Casablanca in November 2017. Click here to read the full story.  

Cometto launches new modular series MGSL for heavyweight goods 

Cometto, the specialist for self-propelled, modular and special industrial vehicles, has launched the MGSL modular axle lines, for public roads, off-road transport as well as for inside plant operations to move heavyweight goods. Click here to read the full story.  

Buhari commends Nigeria's progress in World Bank's doing business ranking 

Muhammadu Buhari, the President of Nigeria, has lauded the phenomenal improvement of Nigeria on the World Bank’s doing business latest rankings that was released on 31 October 2017. Click here to read the full story.  

Angola’s first wealth fund reports continuous gains 

The Fundo Soberano de Angola generated profits in 2016 for the first time since its launch in 2012. Click here to read the full story.  

African Development Bank supports Nigerian Government’s economic recovery efforts 

The African Development Bank has stated that it wishes to categorically refute the statement that it has “called off loans to Nigeria”, as reported in Reuters and credited to AfDB Vice-President for Power, Energy, Climate and Green Growth Amadou Hott. Click here to read the full story.  

Nairobi to organise 2017 International Space Forum 

The ministerial meeting on the International Space Forum, which will be held in Nairobi on 28 November 2017, was presented on 25 October 2017, at the Farnesina, with the attendance of the diplomatic missions of the African countries in Italy. Click here to read the full story.  

Siemens create East Africa HQ in Ethiopia and hosts a Technology Day 

Siemens is in the process of setting up and expanding its East Africa footprint and is making Ethiopia the headquarters of their East Africa Hub. Click here to read the full story.  

Jumia Black Friday 2017: Jumia Nigeria announces dates for biggest sales event of the year 

Jumia Nigeria has announced the dates and partners for its biggest sales event of the year, Jumia Black Friday 2017. Click here to read the full story.  

Africa50 reaches financial close for solar plants in Egypt 

Africa50, the AfDB’s infrastructure fund for Africa, has signed financing documentation with Scatec Solar and Norfund for developing 400MWDC utility scale photovoltaic (PV) power plants in Egypt for which they had previously entered into a joint development agreement (JDA). Click here to read the full story.  

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