A Russian firm has revealed its interest in joining the race for acquisition of Zimbabwean asbestos products manufacturer Turnall Holdings
Finance
Ethiopian bank offers US$20 million for renewable energy projects
The focus of projects to be funded will be to establish stable electricity distribution across Ethiopia. (Image source: Accretion Disc/Flickr)
The Development Bank of Ethiopia will offer up to US$20mn to private companies in an attempt to accelerate development of renewable energy and energy efficient products
Toyota launches assembly plant in Kenya
Japanese automaker Toyota has launched a US$4.9mn truck and bus assembly plant and showroom in Kenya in an attempt to improve its market share in the East African country
Fidelity Bank finances Nigerian aluminium can plant
The Aba Can Manufacturing Plant will have a production capacity of 1.2bn cans. (Image source: Tambako the Jaguar/Flickr)
Nigerias Fidelity Bank has financed Africas biggest aluminium can factory Aba Can Manufacturing Plant, which will be completed in a few months and have a production capacity of 1.2bn cans
Barclays Bank Africa Group and Absa merge
Absa is merging with Barclays Bank Africa Group after Absas minority shareholders voted in favour of the deal
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Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
Bobcat has included additional features to enhance the visibility around the machines. (Image source: Bobcat)
By localizing production, Stellantis is contributing to job creation, skill development, and technology transfer in Egypt. (Image source: Stellantis)
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One of the most significant advantages of electric construction vehicles is the reduction of noise pollution. (Image source: Canva)
This project supports Egypt’s commitment to the Paris Agreement and its efforts to transition to a low-carbon energy sector. (Image source: Adobe Stock)
The projects will supply much-needed energy under a 20-year power purchase agreement (PPA). (Image source: Scatec)
The project is expected to expand electricity access to the nearby community. (Image source: Adobe Stock)
Bboxx Protect offers exclusive coverage for Bboxx Ride customers, including protection against material damage, fire, third-party liabilities, life insurance, and total permanent disability. (Image source: Bboxx)
