Akon has received over 1 Billion dollars in investment from China for his 'Lighting Africa' initiative. Hip Hop Star Akon received the investment when both Europe and the USA turned him down. The new investment will help 'Lighting Africa' initiative bring education and the means for Africa to build their own economy without the exploitation from foreign countries.
Posted on : Saturday , 15th October 2016
Chandaria Industries is currently planning to construct a US$ 50m toilet paper manufacturing plant in a move to double its monthly output for toilet rolls and tissue products.
The initiative came to birth after the family owned company acquired 29 acres of land at Tatu Industrial Park, where the new factory will be constructed.
Chandaria Group Chief Executive, Mr. Darshan Chandaria confirmed the news and said that once completed, the new.... Read more »
Posted on : Saturday , 15th October 2016
A total of Six South African construction firms will contribute a total of 1.25 bn rand ($90 million) in the next 12 years towards a fund kitty towards skill development in the construction sector and give black workers a much bigger role, a cabinet minister said recently.
Ebrahim Patel, the Economic Development Minister said this voluntary contribution by the construction companies would be in addition to a 1.4 bn rand (US$98.1mn) penalty that was introduced .... Read more »
Posted on : Saturday , 15th October 2016
The printing inks market in South Africa is highly fragmented and the top six companies cumulatively accounted for more than 60% in 2015. These companies are New Africa Inks (Pty) Limited, Constantia Printing Inks, Hi-Tech Inks (Pty) Ltd., Flint Group South Africa Ltd., Hostmann-Steinberg South Africa (Pty) Ltd., and NUtec Digital Ink (Pty) Ltd. Transparency Market Research finds that the penetration of global players is likely to create stiff competition for the domestic play.... Read more »
Posted on : Monday , 17th October 2016
Dar es Salaam — The government has received a grant of Sh97 billion from China in support of development of education, seaports, health and airline security.
Posted on : Saturday , 15th October 2016
A US$ 30m milk processing factory in Kenya is set to be operational in Nakuru, Kenya. It is being constructed by Sameer Agriculture & Livestock Limited (SALL), a company owned by billionaire businessman Naushad Merali.
Posted on : Saturday , 15th October 2016
Nairobi — Kenya has been ranked third in ease of access to credit in the sub Saharan Africa according to a new report by the Institute of Chartered Accountants in England and Wales (ICAEW).
Posted on : Saturday , 15th October 2016
Dominovas Energy Corporation (OTCQB: DNRG) today announces it has formally submitted a Request for Proposal (RFP) for the Ekurhuleni Energy Generation Program in Johannesburg, South Africa in an effort to be awarded a 20 megawatt (MW) Power Purchase Agreement (PPA) utilizing its RUBICON™ Solid Oxide Fuel Cell technology. This 20-year PPA was a collaborative submission by Dominovas Energy and its joint venture partner for the project Mponeng Holdings [PTY] LTD, a South Af.... Read more »
Posted on : Saturday , 15th October 2016
South Africa’s George Airport. located half way between Cape Town and Port Elizabeth, has become the first on the continent to go completely solar-powered.
Posted on : Saturday , 15th October 2016
he first medical supply of remotely piloted aircraft, popularly known as drones, will be launched in Rwanda today. The pioneer project, in Muhanga District in southern Rwanda, will see drones used in delivery of much needed supplies to ensure efficiency and timeliness.
Posted on : Saturday , 15th October 2016
The old world beckons for South African mining companies. That’s the message echoed from the very highest levels of government in Spain’s Andalusia province who are actively engaging with mining countries from around the world to encourage investors and companies to come and participate in Spain.
Posted on : Saturday , 15th October 2016
Elizabeth Mpofu is a fighter. She is one of a select group of farmers who equate food security with the war against hunger and shun poor agricultural practices which destroy the environment and impoverish farmers, especially women.
Posted on : Saturday , 15th October 2016
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