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.
