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African Review weekly digest - 25th - 29th September

(Image source: Komencanto/commons)

Here is a brief overview of the week’s news on African Review, from 18th - 22nd September 2017 

Dutchman, Martijn Aslander, to challenge business leaders at Finance Indaba 

Lifehacker, globally renowned guest speaker, and thought leader Martijn Aslander will once again return to the stage at the Finance Indaba at Sandton Convention Centre from 10 - 13 October 2017 to captivate audiences with his idiosyncratic mix of inspiration, confusion, information and entertainment. Click here to read the full story. 

ICD and Alfa Solar Co. to part-fund the development, construction and operation of a 50MW solar PV project in Egypt 

Alfa Solar has executed a power purchase agreement with the Egyptian Electricity Transmission Co. (EETC) in May 2017 and is working with ICD and EBRD to achieve financial close by October 2017. Click here to read the full story.   

African Union reacts to revised U.S travel ban 

The AUC was perplexed by the imposition of a travel ban on some African countries as the free and legal movement of people is the foundation of a stronger and mutually enriching relationship between the African continent and the United States. Click here to read the full story.   

Bright future for Ugandan oil and gas sector, says Siemens 

The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well. Click here to read the full story.  

ABB to acquire GE Industrial Solutions 

ABB has announced the acquisition of GE Industrial Solutions, GE’s global electrification solutions business. Click here to read the full story.  

WSP settles into new Africa HQ in Bryanston 

WSP in Africa, one of the largest multi-disciplinary engineering consultancies on the continent, has recently moved into its new headquarters (HQ) for their operations and work into Africa, with the building in Bryanston houses all of the company’s Johannesburg-based employees. Click here to read the full story.  

TCN and WAPP to build 330KV power line in Nigeria 

The transmission company of Nigeria (TCN) and the West African Power Pool (WAPP) have introduced plans to build a second 330 kV transmission line aiming to boost electricity supply to the Republic of Benin by 2021. Click here to read the full story.  

Ring and Arab Business Machine sign new partnership for the MENA region 

ABM is to promote and distribute Ring’s home security products and solutions through its strong partner network across the region. Click here to read the full story.  

Holley Nigeria signs MoU with PHED to supply meter 

Holley Nigeria, a subsidiary of China’s Holley Metering Ltd, has signed a MoU with the Port Harcourt Electricity Distribution Company (PHED) to deploy prepaid meters to consumers. Click here to read the full story.  

Development of an African mineral resource classification system now underway 

The African-based framework, which is based on the UNFC and AMV, will enhance regional cooperation in sustainable development by providing a classification framework for management all energy and mineral resources on land, continental shelf, and seabed. Click here to read the full story.   

African Review

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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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