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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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 transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The initiative was unveiled at a meeting at the UIA head office. (Image source: UIA)
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Bayobab enhances East Africa’s connectivity with resilient cross-border fibre via railway infrastructure
Emerson's cutting-edge dust collector monitoring solution. (Image source: Emerson)
Schneider Electric South Africa introduces TeSys Deca Advanced to improve motor efficiency and industrial reliability. (Image source: Schneider Electric)
Solar Photovoltaic systems have a role to play in increasing South Africa’s power generation capacity
Indeco discussed new products and business plans at a bauma press conference. (Image source: Alain Charles Publishing)
