Market News Page No. 301| Africa Business News | Afrotrade

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East Africa: Nation Seeks Power Generation Partnership

The Ministry of Foreign Affairs said that Ethiopia aspires to partnering with international companies like Globeleq in generating and supplying power. Holding talks with the Globeleq Company East Africa Regional Director Christian Wright yesterday, Minister Dr. Tedros Adhanom said that Ethiopia is working to generate more electric power and supply to countries in the region. He said that deal with notable companies would.... Read more »

Posted on : Monday , 12th September 2016

Ethiopia: Large Scale Tree Plantation Ensuring Climate Resilient Economy

The increase in global warming, soil erosion and depletion of soil fertility, air and water pollution, soaring temper atures and weather patterns as well as the ozone depletion are among the major issues of concern in this modern age. Forests play an important role in curbing climate change and its effects. The destruction and degradation of forests contribute to the problem through the release of CO2. But the planting of new forests can.... Read more »

Posted on : Monday , 12th September 2016

Rwanda: Gasabo Pupils Receive Free Oral Healthcare Under Community Outreach Drive

Pupils of Munini Primary School, Nderi Sector in Gasabo District, last week received free dental care services, thanks to Rwanda Dental Association in partnership with KIPHRMA, Crown, SOS Children's Village and Dental Health without Borders. Under the theme, 'Healthy Smile is our concern', the community outreach project was organised to reach out to children in primary schools and create awareness about oral health. The.... Read more »

Posted on : Monday , 12th September 2016

The Stylist: Create African vibes for your home interior

Melbourne has gone tribal. This exotic and colourful look is all about reconnecting with nature through organic forms and rustic textures – and the hottest influence is African. Anna Weylandt, buyer for South Africa-based Weylandts furniture and interior design company, gives us her top tips for styling the look. RELAXED APPROACH African decor is not all tribal patterns and masks. The style is relaxed and.... Read more »

Posted on : Monday , 12th September 2016

South African entrepreneur succeeds with designer socks

Serial South African entrepreneur Nicholas Haralambous has hit it big with a line of colorful designer socks that are sold in 20 countries around the world. Haralambous, who counts his company Nic Harry as his ninth business venture, markets socks made from environmentally friendly bamboo fiber. Nic Socks are worn by celebrities including cricket player Herschelle Gibbs, rugby player Bob Skinstad, actor Maps Maponyane, and Mmusi.... Read more »

Posted on : Monday , 12th September 2016

InnovationMonth: Up-cycling plastic to build classrooms

Redefine Properties has committed R100,000 to enable Bottle 2 Build Schools (B2BS) to up-cycle plastic bottles into eco bricks. These bricks will be used to construct a 9m by 6m classroom that will accommodate approximately 40 students at the Sedibathuto Higher Primary School in Mapetla Extension, Soweto. When construction of the additional classroom is complete it will be as strong as a classroom constructed from bricks and.... Read more »

Posted on : Monday , 12th September 2016

Black Rock Mining Ltd to reveal funding proposal

Black Rock Mining Ltd (ASX:BKT) has been granted a trading halt by the ASX this morning, pending details of a funding proposal. Black Rock is focused on its Mahenge graphite project in Tanzania. The halt will remain in place until the opening of trade on Wednesday 14th September 2016, or earlier if an announcement is made to the market..... Read more »

Posted on : Monday , 12th September 2016

Tanzania: Dar and Kinshasa Begin Talks On Oil Pipeline Project

The Democratic Republic of Congo has opened preliminary discussions with Tanzania over its crude oil prospects. The talks are aimed at enabling Kinshasa to export its oil through the proposed pipeline system from Hoima in Uganda to the Tanga port in Tanzania. The consultations began at the end of last month in Dar es Salaam between DRC's Ministry of Hydrocarbons and its Tanzanian counterpart, according to Oil of DRCongo,.... Read more »

Posted on : Monday , 12th September 2016

India made Datsun GO+ exported to South Africa

NEW DELHI: Indian arm of Japanese automaker Nissan has started export of Datsun GO+ to South Africa. Produced at the Renault-Nissan Alliance plant in Oragadam near Chennai, sales of Datsun GO+ began on August 31, 2016 in South Africa. Guillaume Sicard, President, Nissan India Operations, said "We are delighted to see the Datsun GO+, manufactured with pride at the Renault-Alliance plant in Chennai, introduced for sale in South.... Read more »

Posted on : Monday , 12th September 2016

South Africa car makers, union sign 3-year wage deal

Car makers in South Africa signed a new three-year wage deal with militant union Numsa on Friday, industry officials said, easing concerns of a labour dispute in a key export and manufacturing industry. South Africa's local motor industry, the largest in the continent with hubs in the capital Pretoria and Port Elizabeth, contributes 7.5 percent to GDP and around a third of the manufacturing output in Africa's most industrialised.... Read more »

Posted on : Monday , 12th September 2016

Solar power company in Sh2 billion expansion plan

The UK-headquartered off-grid power provider Bboxx has announced a Sh2 billion investment to connect additional 150, 000 residents of five counties with home solar systems in part of efforts to boost uptake of the clean energy. The venture capital-backed company has already lit 9,000 households in Kenya. Residents of Siaya, Kakamega, Kisumu, Vihiga and Bungoma counties will now enjoy up to 50 kilowatt hours (KWH) of electricity in.... Read more »

Posted on : Monday , 12th September 2016

SOLAR NANOGRID KICKS OFF IN AFRICA, PLANS FOR GLOBAL EXPANSION

Villagers in Lemolo B and Echareria in Nakuru County, Kenya recently became the launch pad of a new type of electricity distribution model that could benefit hundreds of thousands of people worldwide. The two communities are pioneering an initiative providing clean, affordable and reliable energy where a central solar hub provides both commercial energy for new village enterprises and household energy using upcycled laptop.... Read more »

Posted on : Monday , 12th September 2016

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