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African Review weekly digest - 23rd - 27th October

(Image source: Komencanto/commons)

Here is a brief overview of the week’s news on African Review, from Here is a brief overview of the week’s news on African Review, from 23rd - 27th October 2017

West African markets continue to attract FDI: Dubai Chamber of Commerce and Industry 

Foreign direct investment (FDI) inflows to West African countries increased 12 per cent to US$11.4bn in 2016, supported by recovering investment in Nigeria, recent analysis conducted by the Dubai Chamber of Commerce and Industry has reported. Click here to read the full story.  

South Africa’s Robben Island embraces green energy 

South Africa’s Robben Island has launched a micro-grid project embracing clean power and battery storage, a move that incorporates the island’s long-term initiative to go green in its energy projects. Click here to read the full story.  

South African futurist offers a mixed picture for the continent at Africa Oil Week 

Daniel Silke, a  futurist and former member of the South African parliament, gave a lively keynote address on trends which could impact the continent's hydrocarbons industry at Africa Oil Week yesterday. Click here to read the full story.  

GovTech 2017 to focus on transformation in the ICT sector 

GovTech 2017, the digital government transformation conference, is going to be held at the Durban International Conference Centre from 29 October to 1 November 2017. Click here to read the full story.  

Kennametal to supply Caterpillar customers cutting tool technology 

Caterpillar Inc. has reached an agreement with Kennametal Inc. to provide Caterpillar customers globally with special order rotors and diamond and carbide earth cutting tools for mixing and road milling applications. Click here to read the full story.  

Doosan launch DL420CVT-5 wheel loader 

Doosan has launched the new DL420CVT-5 Stage IV compliant wheel loader, the first model in the Doosan wheel loader range to be equipped with a Continuously Variable Transmission (CVT). Click here to read the full story.  

Iatinum Power pre-qualifies design and build of 365MW hydroelectric project in Cameroon 

This project has an expected installed capacity of 365 MW and is located on the Nyong River, in the Nyong-et-Kelle Department, Central region of the Republic of Cameroon. Click here to read the full story.  

Building Energy to take part in the 2017 South Africa – Italy Summit 

Luca Silva, Head of Design and Construction Africa and the Middle East, will illustrate the Building Energy’s skills and vision from start-up to successful enterprise during the debate ‘Leaders for the future’. Click here to read the full story.  

Africa Oil Week opens with a focus on oil and gas for local development 

The 24th Africa Oil Week opened in Cape Town today with a strong focus on moving away from exports and instead utilising African oil and gas for access to energy and downstream projects, such as petrochemicals and refining. Click here to read the full story.  

Dangote Cement strengthen African market volume across the continent 

Dangote Cement has maintained its stronghold in the Nigeria domestic cement market accounting for 65 per cent of the Nigerian market volume, while other African plants’ volumes went up by 7.5 per cent to 7.0 mta. Click here to read the full story.  

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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)

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

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

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

Latest news

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)

The Linnhoff TSD1500 Asphalt Mixing Plant is undertaking crucial work on two rural road projects in Kenya. (Image source: Lintec & Linnhoff)

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