Here is a brief overview of the week’s news on African Review, from 18th - 22th December 2017
Doosan launches 20-60kVA generators for Africa and Middle East
Doosan Portable Power has launched a new range of four generators from 20-60kVA, available in both 50Hz and 60Hz versions. Click here to read the full story.
AfDB strengthens Ethiopia’s debt management capacity
The African Development Bank (AfDB) has conducted the first of a series of capacity development sessions on debt management for Ethiopia, covering themes such as loan negotiations and management, domestic debt and capital markets development and enhancement of analytical and evaluation advisory capacity. Click here to read the full story.
ITFC signs US$117.94mn contract to help in cotton export in Cameroon
The International Islamic Trade Finance Corporation (ITFC), has signed a US$117.94mn syndicated agreement with the government of Cameroon and Sodecoton for the export of cotton and import of agricultural inputs. Click here to read the full story.
Sonatrach and Eni join hands to strengthen solar energy production in Algeria
The chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector. Click here to read the full story.
TIL launches new cranes and reach stacker at Excon 2017
TIL Limited, one of the leading providers of a wide range of infrastructure equipment throughout the globe, has showcased its material handling and road building solutions at Excon 2017, which is South Asia’s largest construction equipment exhibition, held in India from 12-16 December 2017. Click here to read the full story.
Angola Cables to boost connectivity for research and education institutions
Angola Cables has announced an agreement with the West and Central African Research and Education Network (WACREN) to improve connectivity for research and higher education institutions. Click here to read the full story.
The President of Sierra Leone inaugurates solar park in Freetown
Dr Enest Bai Koroma, President of Sierra Leone, has inaugurated six megawatt solar park project in Freetown, aiming to provide a substantial access to clean renewable and sustainable electricity to both urban and western rural districts around the capital city. Click here to read the full story.
Sonangol investigates Isabel dos Santos over allegations of "misappropriation of funds"
Sonangol, Angola's state oil company, has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president. Click here to read the full story.
Kenya to build 10MW waste-to-energy electricity plant
The Africa Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA) has approved a grant of US$995,000 to Asticom Kenya Ltd, to support the construction of a 10MW grid-connected municipal waste-to-energy (WTE) plant. Click here to read the full story.
South Africa and Zimbabwe vow to strengthen trade cooperation
Jacob Zuma, President of South Africa, and Emmerson Mnangagwa, President of Zimbabwe, have undertaken to strengthen economic trade and cooperation between the two countries. Click here to read the full story.