Market News Page No. 376| Africa Business News | Afrotrade

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UK Govt Funds Solar Power Project for Kenya

The UK government has invited contractors to generate solar power for three villages in Turkana County in a new business model aimed at promoting privately operated mini-grids. The project, funded through the Department for International Development (DFID), aims at promoting use of solar power in far flung regions not connected to the national electricity grid. The project, being implemented by Barclays Bank of Kenya, has.... Read more »

Posted on : Friday , 15th January 2016

U.S.$15 Million Investment Deal Signed towards FoodAgro Development

A USD 15.1 million investment contract was signed Wednesday in Luanda between the Technical Unit for Private Investment (UTIP) and the firm Novagrolider- Exploração, Agro-pecuária Lda. The deal is meant for agro-industrial and agro-farming production of fruits and vegetables. The contract was signed by UTIP director, Ernesto Manuel Norberto Garcia, and Novagrolider group manager, João.... Read more »

Posted on : Friday , 15th January 2016

Namibia: Crop Cultivation in Full Swing in the North

The land is covered in greenery and the livestock are slowly starting to show signs of recovery from the fresh nutrition brought by the recent rains. Although it is not certain whether the dry spell experienced last year has finally been broken, communal farmers are optimistic that the trend of assisting livestock to get up every morning is gradually coming to an end. Of late many farmers have had to assist their livestock to stand up in order.... Read more »

Posted on : Thursday , 14th January 2016

Zimbabwe: Best Fruit Processors Expects 20 000 Tonnes

Newly established fruit processing firm Best Fruit Processors says it expects to process 20 000 tonnes of fruit this year at its Norton plant with revenue projected at $4,6 million. Best Fruit Processors is a joint venture between Schweppes Zimbabwe's 100 percent owned Beit-Bridge Juicing Co and the Agricultural and Rural Development Authority. Last week, the company started test production of mango juice at the Norton facility, about.... Read more »

Posted on : Thursday , 14th January 2016

DPI Plastics donates pipe and fittings for Plastics SA marine conservation project

DPI Plastics has stepped up to the plate in helping to preserve South Africa’s marine heritage by sponsoring a major sustainability initiative promoted by Plastics SA. The international plastics industry made a commitment during the 5th Marine Debris Conference in 2011 to focus on the issue of plastic waste within the marine environment. “The issue of marine debris forms a major part of our portfolio, and includes.... Read more »

Posted on : Thursday , 14th January 2016

Innovative Equipment Finance Demand Gathers Momentum

Things have changed in business recently and continue to do so at a rapid rate. Our business environment is not just South Africa or even Africa anymore; it’s the world. Through globalisation, our markets are easily accessible and vice versa. Countries like China and India and many more emerging economies are selling products in South Africa at extremely competitive prices, making it extremely difficult for South African.... Read more »

Posted on : Thursday , 14th January 2016

Konica Minolta South Africa Announces Local Availability Of New JT Suite 6

Konica Minolta South Africa, a division of Bidvest Office (Pty) Ltd, has announced the local availability of the new JT Suite 6, a more flexible, modular version of the successful JT software suite. As a powerful but easy to use solution for in-house print facilities and smaller commercial printers, the JT Suite 6 provides essential functionality, minimising costs and maximising return on investment. When it comes to print production,.... Read more »

Posted on : Thursday , 14th January 2016

China boosts electricity project in Africa with $800m

China has pledged to finance an electricity project in Ivory Coast with US$800m. The project involves the expansion of the country’s electrical grid with the aim of supplying electricity to 500 towns. Ivory Coast on its part is expected provide additional sum of US$41m towards the funding of the power project. The government will be responsible for the installation of the 1,955km of high-tension lines as well as the.... Read more »

Posted on : Thursday , 14th January 2016

Makerere University in East Africa constructs US$ 12.4m buildings

Makerere University in Uganda which is among the oldest institutions of higher learning in the country has started constructing the proposed US$ 12.4m buildings which will help curb the teaching space shortage at the university. The project which is being undertaken by Excel Construction Limited executing the works and funded by African Development Bank (AfDB) is expected to be complete in the next 18 months. The reports.... Read more »

Posted on : Thursday , 14th January 2016

Newly constructed AMERI power plant in Africa to start operations February

The newly constructed AMERI power plant in Ghana which will be an emergency power plant is expected to commence commercial operations by February 2016, Energy Commission Board Chairman Dr. Kwame Ampofo has announced. Accompanied by the Board Members of the Commission including Mr. Michael Opam, acting Executive Secretary, Dr. Rudith King, Mr. Stephen Duodu and Mr. Kobina Fosu, Mr Amopofo said the plant construction project during.... Read more »

Posted on : Thursday , 14th January 2016

Egyptian construction firm Arab Contractors to begin operation in Kenya

An Egyptian Construction firm Arab Contractors Company is set to enter into the Kenyan construction market and commence operations in the fields of roads, bridges, and other general infrastructure opportunities. This decision was decided upon after the two countries, Kenya and Egypt met and discussed on the possibilities of being effective in the road construction field. “The current area of cooperation with the.... Read more »

Posted on : Wednesday , 13th January 2016

Standard Gauge Railway construction project in Kenya to receive more locomotives

The Standard Gauge Railway construction project in Kenya will receive more locomotives after the Government said it was planning to import 50 locomotives for the project. New Transport Principal Secretary Irungu Nyakera confirmed the reports and said that the 50 new locomotives that are expected to arrive this year will be an addition to the six that were received last year and will make the railway line construction to flow on.... Read more »

Posted on : Wednesday , 13th January 2016

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