Samsung Electronics South Africa has announced the launch of Q9000 jet engine air conditioner, which will use jet engine technology to cool or heat air faster than conventional units
Finance
African Energy acquires Aviva’s Botswana coal project

African Energy has acquired Aviva’s subsidiary Botswana Energy Solutions, which in turn owned the Mmamantswe Coal Project. (Image source: PublicDomainPhotos/Flickr)
African Energy has completed the acquisition of Aviva Corporation’s 1.3bn tonne-resource Mmamantswe Coal Project in Botswana
Mota-Engil to invest US$36 million in Zambia

Mota-Engil will be involved in the construction of a road linking Zambia and Malawi as its first project in Zambia. (Image source: Hitchster/Flickr)
Portuguese construction firm Mota-Engil has outlined plans to invest US$36mn in Zambia in an attempt to expand its footprint into the southern African nation
Investec to invest in South African renewable sector

The solar solar energy sector will receive the major share of the funding. (Image source: IntelFreePress/Flickr)
Specialist bank and asset manager Investec will invest US$813mn in South Africas Renewable Energy Independent Power Producer Procurement Programme
Copperbelt Energy to raise funds for African expansion

German and Dutch lenders will provide loans as much as US$100mn to Copperbelt Energy. (Image source: Bruce Guenter/Flickr)
Copperbelt Energy, which supplies power to Glencore Xstrata and Vedanta Resources in Zambia, has revealed plans to raise US$150mn through loans to expand business in Africa and finance existing debt