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African Review weekly digest - 15th - 19th May

(Image source: Komencanto/commons)

Here is a brief overview of the weeks new on African Review, from 15 - 19 May 2017  

Construction at highest pace in North African countries 

The construction market in North Africa is on the rise due to several active high- value projects with approximately US$473bn investment, shows a recent market report by BNC Project Intelligence. Click here to read the full story. 

FLSmidth signs cement plant contract in North Africa 

FLSmidth has signed a contract for a state-of-the-art cement plant valued at more than EUR100mn (US$111.35mn). Click here to read the full story. 

Violence in Central African Republic diamond mining hub, UN sends troops to tackle 

The United Nations plans to send additional peacekeeping forces to Bangassou, a diamond-mining town in Central Africa with 35,000 inhabitants, to tackle raising violence in the city that causes human right violations. Click here to read the full story. 

South African site demonstrates the VÖGELE MT 3000-2 Offset PowerFeede 

Proof comes from the University of Twente, Netherlands, which monitored the project from a scientific perspective – and their equipment included RoadScan, the innovative temperature measurement system from VÖGELE. Click here to read the full story. 

The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund 

A memorandum of understanding (MoU) was signed on the sidelines of the landmark IsDB 42nd Annual Meeting in Jeddah, between the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund), a Beijing-based private equity firm and subsidiary of the China Development Bank which focuses on Africa. Click here to read the full story. 

South African economic transformation receives a boost with more than R20m industrial park in Mthatha 

Vulindlela, the new industrial park, is the second industrial park to be launched in the Eastern Cape in South Africa. Click here to read the full story.  

Data storage for the future 

Barry Mansfield looks at the factors driving the growth of next-generation data storage in Africa. Click here to read the full story. 

Botswana is most attractive investment destination in Africa 

Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global Research Lab. Click here to read the full story. 

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)

The Yellow Metal Machine Rental team with some Wacker Neuson equipment. (Image source: Wacker Neuson)

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)

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)

Inside Condra’s Johannesburg factory: an overhead crane positions an electric motor during assembly of hoist and crab. (Image source: Condra)

IVECO is renewing its entire product range, all at once. (Image source: IVECO)

The MoU was signed alongside the Africa Health Business Symposium. (Image source: Africa CDC)

Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)

There has been a focus on the sugar industry. (Image source: Adobe Stock)

Evolving concept of energy security must address energy demand, system flexibility, technology access and infrastructure development, says IRENA. (Image source: IRENA)

World Bank & African Development Bank partner to provide electricity access to 300 million Africans by 2030, leveraging public-private investments. (Image source: Adobe Stock)

(L-R): Dr Diane Karusisi, CEO, Bank of Kigali and Dr Reda Helal, group managing director – processing, Africa and co-head group processing, Network International. (Image source: Network International)

At WFES, Gotion High-tech will showcase its latest products and leading green energy solutions at its booth. (Image source: Gotion High-tech)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

SSAB will begin deliveries of the new products in 2026.

The key issues restricting sub-Saharan Africa’s manufacturing sector will be unpacked at Manufacturing Indaba later this year. (Image source: Adobe Stock)

Through the innovative solution, each vessel can fill two tank containers on average between two ports. (Image source: Maersk)

Hyphen is developing sub-Saharan Africa’s largest, most advanced and only fully-vertical integrated green hydrogen project. (Image source: Hyphen)

According to Liebherr, the Used Equipment Marketplace is extremely user-friendly. (Image source: Liebherr)

Electricity storage will be pivotal in unlocking renewable projects and meeting energy demand. (Image source: Adobe Stock)

With RFID, assets can be given unique digital identities that enable users to identify and locate them all at once, from a distance, in real time. (Image source: Brady)

Africa Data Centres and DPA SA have broken ground on their solar farm in the Free State. (Image source: Africa Data Centres)

A Cat PM310 Cold Planer in action. (Image source: Caterpillar)

A larger stockholding of WEG products facilitates ready access for customers. (Image source: WEG Africa)