Zoomlion emerged as a bidder only this January. (Image Source: Rudenoon/Flickr)
Zoomlion has abandoned its US$3.4bn bid to acquire Terex Corporation after failing to agree terms
Zoomlion quits plan to acquire Terex Corp
Industry
Linking Training, Industry, and Technology in Africa
Skills development on the African continent reflects the challenges of standardising skill-sets throughout a large landmass. (Image source: Panafrican Group)
The Panafrican Group has been investing heavily to improve our employee’s technical knowledge and skills through the implementation of one of the oldest and most effective skill standards programs in North America - the Canadian Red Seal Interprovincial Standards Program
‘Saldanha Bay IDZ to create 40,000 jobs in South Africa’
The bay is well placed to serve the oil and gas industry. (Image Source: Bob Adams/Flickr)
Saldanha Bay may be able to generate 40,000 jobs in South Africa, thanks to the Industrial Development Zone
Ghanaian company wins award at Seedstars Africa
The Asoriba team has already garnered more than 16,000 members on its platform. (Image Source: Sean MacEntee/Flickr)
Technologists behind the startup Asoriba have seen their work rewarded with the award of Africa’s Best Startup at the inaugural Seedstars Africa event recently held in Casablanca, Morocco
SamZim opens new production facility in Harare
Samsung will manufacture television sets, in addition to opening a digital village in Harare. (Image source: ManilaImperialMotorSales/Flickr)
SamZim, the Zimbabwean partner of South Korean electronics major Samsung, has opened a new manufacturing, sales and service outlet in Harare
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The Bell team in Richards Bay consists of more than 800 machinists, welders, and assemblers. (Image source: Bell)
GFE Power Product’s extensive range covers generators from 10 kVA up to 3,000 kVA. (Image source: GFE Power Products)
The funding is the largest-ever equity raise in the minigrid industry according to Husk. (Image source: Adobe Stock)
The initiative will help African contractors participate in annual infrastructure investments. (Image source: Afreximbank)
ITS has evolved into a sophisticated systems approach, providing numerous opportunities to revolutionise road networks. (Image source: Adobe Stock)
Invest International’s Lara Muller; Ivory Coast Minister of Finance and Economy, Adam Coulibaly; and Ambassador Designate to Ivory Coast, Jeroen Kelderhuis. (Image source: Invest International)
Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)
The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)
The parties will also promote the mutual exchange of information and expertise in the field of export credit policies and practices. (Image source: TBD Group)
Although displaying resilience, the report warns that African banks remain exposed to physical climate risks due to both sovereign and industry lending. (Image source: Adobe Stock)
WAA and VCMI will seek to establish regulatory frameworks to enable access to high integrity and fair voluntary carbon markets for WAA member countries. (Image source: Adobe Stock)
IVECO is renewing its entire product range, all at once. (Image source: IVECO)
Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)
The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)
There has been a focus on the sugar industry. (Image source: Adobe Stock)
Latest news
The HQ is expected to be completed and handed over by February 2025. (Image source: ECOWAS)
Africa’s share of global manufacturing only sits at around 2% today. (Image source: Adobe Stock)
There are numerous but not insurmountable challenges facing Africa's aviation sector, according to IATA. (Image source: Adobe Stock)
Africa Energy Forum 2024 was held in the Fira de Montjuïc in Barcelona. (Image source: ACP)
The quality design and manufacture of SEW-EURODRIVE South Africa’s panels and enclosures can be suited to any customer requirement wall mounts. (Image source: SEW-EURODRIVE)
African countries will require over US$45bn in the coming eight years to plug the gap in its transmission systems. (Image source: Synergy Consulting)
BII commits US$75mn to second Green Basket Bond with Symbiotics Investments to finance small-scale green projects in Africa, South, and South-East Asia. (Image source:
Transforming Africa's digital economy: Data Centres powering growth, innovation, and sustainability in the digital era. (Image source: Adobe Stock)
The Linnhoff TSD1500 Asphalt Mixing Plant is undertaking crucial work on two rural road projects in Kenya. (Image source: Lintec & Linnhoff)
AI-driven energy-sharing platform will be integrated with ABB energy management technology. (Image source: ABB)
ENGIE Energy Access starts mini-grid construction in Zambia. (Image source: ENGIE Energy Access)
ATIDI and Globeleq boost Kenya’s renewable energy with pioneering geothermal initiative, reinforcing regional sustainability goals.
This partnership aims to enhance sustainable development and advance climate action initiatives throughout the continent. (Image source: Adobe Stock)
Orange Energies has aimed to make energy more accessible, becoming a preferred partner for energy producers in regions where half the population lacks electricity. (Image source: Adobe Stock)
Global primary energy consumption overall was at a record absolute high in 2023. (Image source: Adobe Stock)
