GLTC has opened a dedicated branch in George to serve the growing Garden Route market. (Image source: GLTC)
Goscor Lift Truck Company (GLTC) has commissioned a new branch in George, the second largest city in the Western Cape province of South Africa
Merchants can now offer Ghanaian shoppers the ability to pay by card, and popular local mobile money payment methods such as MTN MoMo, Vodafone Cash, Tigo Pesa and more. (Image source: Adobe Stock)
PayU, the leading online payment service provider operating in 50 emerging markets, has announced that it is strengthening its foothold in Africa with expansion into Ghana and a number of strategic product updates such as Payflex in South Africa, as well as both Scan to Pay and Pay by USSD in Nigeria
The West Bakr wind farm will produce more than 1,000GWh of renewable electricity every year. (Image source: Adobe Stock)
A consortium of UAE-based Masdar and Egypt’s Infinity Energy is set to buy a majority stake in Lekela Power from private equity vehicle Actis
According to a report from Reuters, the value of the sale could be worth close to US$1bn.
The deal would provide Masdar with its first assets in southern Africa.
Lekela Power has a portfolio of more than 1GW of wind assets across South Africa, Egypt and Senegal in addition to a 225MW wind project in Ghana. It had begun commercial operations of its 250MW West Bakr wind project in Egypt.
The West Bakr wind farm will produce more than 1,000GWh of renewable electricity every year, which will save more than 530,000 tonnes of carbon dioxide annually.
Lekela has developed the project under a build, own, operate (BOO) model. The developer received financing from the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and the US’ Development Finance Corporation.
Completion of the project has increased Egypt’s installed wind capacity by 18%.
Actis has put BioTherm Energy (BTE) Renewables, another Africa-focused renewable company, up for sale as well, Reuters reported.
Brady can integrate an entire solution with existing ICT infrastructure. (Image source: Brady)
With Brady Corporations complete RFID solution, assets in any industrial environment can be given unique digital identities just by applying a label
The agreement marks IFC’s first investment in the private waste management sector in Africa. (Image source: Averda)
The International Finance Corporation (IFC) has signed a landmark agreement with Averda International, one of the largest privately owned integrated waste management companies in the Middle East and Africa, to help bring innovative waste solutions to emerging markets in the two regions
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)
5G technology deployment will take place later this year. (Image source: Adobe Stock)
Spiro will draw from its experience in Kenya, Benin, Togo, Rwanda and Nigeria as it launched in Uganda. (Image source: Spiro)
According to IRENA, concrete policy actions and massive mobilisation of finance at full speed is required in order to meet the 2030 target. (Image source: Adobe Stock)
The distributor will hold specialised training and empowerment sessions to enable its channel network to effectively deliver Vertiv’s portfolio, as well as managing inventory to serve the market. (Image source: Vertiv)
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)
