The Ugandan government has refuted reports from Oxfam International that it is working with UK-based global company New Forests Company (NFC) on land grabs for investments of commercial forest plantations
Finance
US$40 million AfDB fund supports Malawian budget
Malawi has been granted approximately US$40 million by The African Development Fund (ADF), part of the African Development Bank (AfDB), to cushion vulnerable groups from the negative impacts of recent economic reforms
China offers US$20 billion in loans to Africa
Chinese President Hu Jintao greets Equatorial Guinea President Obiang Nguema Mbasogo at an event in Shanghai. (Image source: Embassy of Equatorial Guinea)
China has offered US$20 billion in loans to African countries over the next three years
FNB makes banking available on Facebook
FNB customers will be able to check balances, purchase products, and view Lotto results using Facebook. (flowcomm/Flickr)
South Africas First National Bank (FNB) has introduced banking via social networking site Facebook
New mining fund committed to investing in Africa soon
The fund invests in projects at early exploration stages across Africa. (Image source: NitinKirloskar/Flickr)
The second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months
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The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
Vertiv is a global provider of critical digital infrastructure and continuity solutions. (Image source: Vertiv)
Since inception, AIIM has raised more than US$4bn over eight funds and executed more than 70 transactions in target pan-African markets. (Image source: Adobe Stock)
The project sought to address the high accident rate at the old Breidbach intersection and the traffic congestion. (Image source: SANRAL)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)
LINX expands its African interconnection platform to PAIX Data Centres Nairobi, enhancing peering and connectivity for Kenya’s digital growth. (Image source: Adobe Stock)
The groundbreaking ceremony was attended by key representatives from the Ugandan Government, local communities and the companies involved in the project’s delivery. (Image source: AMEA Power)
The project will extend and modernise the Moroni and Boingoma ports. (Image source: AfDB)
By localizing production, Stellantis is contributing to job creation, skill development, and technology transfer in Egypt. (Image source: Stellantis)
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Scatec will seek to replicate the success it has had in previous hybrid solar and battery storage projects at Kenhardt. (Image source: Adobe Stock)
The HGY Series are designed to work seamlessly with micro-grids and renewable energy sources. (Image source: HIMOINSA)
The agreement reportedly represents one of the largest contracts signed by Turkish contractors abroad. (Image source: Adobe Stock)
Rawbank is looking to ensure a scalable and reliable environment for its digital assets. (Image source: OADC)
Ampersand aims to deploy five million e-motorcycles by 2033. (Image source: Ampersand)
Enhanced visibility. Industrialised reliability. (Image source: Brady)
The appointments have been made in line with the next phase of its reimagine transformation. (Image source: JLR)
Up to 880 jobs are expected to be created through the new plant. (Image source: Adobe Stock)
The RogueX2 features a lithium-ion battery, electric drive actuated lift, and tilt kinematics with no hydraulics. (Image source: Bobcat)
The project is part of the Nigeria-Cameroon Multinational Highway and Transport Facilitation Programme. (Image source: ECOWAS)
Daimler Truck MEA operates two state-of-the-art warehouses and its advanced training centre underscores the commitment to developing regional talent and delivering unparalleled service. (Image source: DT MEA)
COP29 will build on the COP28 agreement by advancing initiatives and priorities that accelerate the development of renewable energy potential and remove barriers to its expansion. (Image source: IRENA)
14Trees 3D printing technology has been building affordable and low-carbon housing and schools in Africa. (Image source: BII)
The solution empowers customers to maximise operational performance and accelerate net-zero goals. (Image source: Adobe Stock)
Falcon Aerospace offers of aviation services including private jet charter, aircraft maintenance, sales and fractional ownership. (Image source: Adobe Stock)
