African Review weekly digest - 15th - 19th May

Komencanto commons for ATR 307(Image source: Komencanto/commons)Here is a brief overview of the week's 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

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