Metalgalante S.p.A.
MSC Mediterranean Shipping Company
CAF Data Centre Industry Outlook
Car Mix

twitter Facebook Linkedin acp Contact Us

African Review weekly digest - 12th June - 16th June

(Image source: Komencanto/commons )

Here is a brief overview of the weeks new on African Review, from 12th June - 16th June 2017

Hargeisa joins Air Arabia's growing African network 

Two weekly flights connecting Sharjah and Hargeisa starting 4 July 2017. Click here to read the full story. 

China Habour Engineering Company sign port upgrade contract in Tanzania 

China Harbour Engineering Company (CHEC) has signed a contract to upgrade number one to seven berth in Dar es Salaam in Tanzania. Click here to read the full story.  

Keeping the competitive edge in Southern Africa and beyond 

Last year Himoinsa Southern Africa opened its offices in Port Elizabeth, South Africa, cementing its role as a leading genset specialist in the country and wider parts of Africa. African Review talks to Matt Bell, director of business development Himoinsa Southern Africa on the company's strategy. Click here to read the full story.  

Moody's downgrades the five largest South African banks to Baa3 

Moody's Investors Service has downgraded to Baa3 (negative outlook) from Baa2 (Rating Under Review outlook), the long-term local- and foreign-currency deposit ratings of the five largest South African banks: The Standard Bank of South Africa Limited, FirstRand Bank Limited, Absa Bank Limited, Nedbank Limited, and Investec Bank Ltd. Click here to read the full story.  

Nexus Gold commences drilling at Bouboulou gold concession, Burkina Faso 

Nexus Gold Corp. has reported that drilling has commenced at its 38-sq km Bouboulou gold concession. Bouboulou is located approximately 75 kilometres northwest of the capital Ouagadougou, on the Boromo-Goren greenstone belt, and is bisected by the Sabce shear zone. Click here to read the full story.  

Cross-border electricity link to transform West Africa 

Access to reliable and affordable energy in four West Africa countries will be transformed once a new 1303km electricity interconnector, inaugurated on 4 June 2017 on the sideline of the ECOWAS Heads of State Summit in Monrovia, is operational. Click here to read the full story. 

WorldRemit launches with Android Pay to offer mobile-to-mobile transfers to the world’s unbanked 

The integration will enable Android Pay users to send money to an extra 112mn mobile money accounts, accessible via WorldRemit. Click here to read the full story.   

BWSC awarded contract to build high-efficiency power plant in Mali 

Burmeister & Wain Scandinavian Contractor A/S (BWSC) has been awarded a EUR90mn (US$100mn) contract to build a high-efficiency power plant which will increase the power capacity in Mali by 25 per cent. Click here to read the full story.  

South African electricity market: Adaptive power generation models will become essential 

Alternative sustainable power sources create new growth opportunities, finds Frost & Sullivan. Click here to read the full story.  

ENGIE and eleQtra sign an agreement for the development of a wind project in Ghana 

The project is expected to require an investment of approximately US$120mn and to start operations early 2019. Click here to read the full story.  

RwandAir celebrate first direct flight to UK with travel trade competition 

To celebrate the launch of the first direct flight between the UK and Rwanda, RwandAir has announced a new travel trade competition running until 14 July 2017. Click here to read the full story.  

African Review

Most Read

The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)

GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)

The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)

The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)

ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)

Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)

Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)

The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)

The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)

Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)

WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)

IVECO is renewing its entire product range, all at once. (Image source: IVECO)

The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)

Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)

There has been a focus on the sugar industry. (Image source: Adobe Stock)

Latest news

Ghana’s President, Nana Addo Dankwa Akufo-Addo, speaking at the launch. (Image source: Office of the President, Republic of Ghana)

Dietmar Siersdorfer speaking at Africa Energy Forum in Barcelona. (Image source: Siemens Energy)

The generator set fitted with a Perkins 1103 is providing vital backup power at the St Patrick School in Uganda. (Image source: Perkins)

5G technology deployment will take place later this year. (Image source: Adobe Stock)

Spiro will draw from its experience in Kenya, Benin, Togo, Rwanda and Nigeria as it launched in Uganda. (Image source: Spiro)

According to IRENA, concrete policy actions and massive mobilisation of finance at full speed is required in order to meet the 2030 target. (Image source: Adobe Stock)

The distributor will hold specialised training and empowerment sessions to enable its channel network to effectively deliver Vertiv’s portfolio, as well as managing inventory to serve the market. (Image source: Vertiv)

The HQ is expected to be completed and handed over by February 2025. (Image source: ECOWAS)

Africa’s share of global manufacturing only sits at around 2% today. (Image source: Adobe Stock)

There are numerous but not insurmountable challenges facing Africa's aviation sector, according to IATA. (Image source: Adobe Stock)

Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)

The quality design and manufacture of SEW-EURODRIVE South Africa’s panels and enclosures can be suited to any customer requirement wall mounts. (Image source: SEW-EURODRIVE)

African countries will require over US$45bn in the coming eight years to plug the gap in its transmission systems. (Image source: Synergy Consulting)

BII commits US$75mn to second Green Basket Bond with Symbiotics Investments to finance small-scale green projects in Africa, South, and South-East Asia. (Image source:

Transforming Africa's digital economy: Data Centres powering growth, innovation, and sustainability in the digital era. (Image source: Adobe Stock)

Genset BuyersGuide
Construction Buyers Guide