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African Review weekly digest - 18th - 22th December

(Image source: Komencanto/commons)

Here is a brief overview of the week’s news on African Review, from 18th - 22th December 2017

Doosan launches 20-60kVA generators for Africa and Middle East

Doosan Portable Power has launched a new range of four generators from 20-60kVA, available in both 50Hz and 60Hz versions. Click here to read the full story.

AfDB strengthens Ethiopia’s debt management capacity

The African Development Bank (AfDB) has conducted the first of a series of capacity development sessions on debt management for Ethiopia, covering themes such as loan negotiations and management, domestic debt and capital markets development and enhancement of analytical and evaluation advisory capacity. Click here to read the full story.

ITFC signs US$117.94mn contract to help in cotton export in Cameroon

The International Islamic Trade Finance Corporation (ITFC), has signed a US$117.94mn syndicated agreement with the government of Cameroon and Sodecoton for the export of cotton and import of agricultural inputs. Click here to read the full story.

Sonatrach and Eni join hands to strengthen solar energy production in Algeria

The chairman and general director of Sonatrach Abdelmoumen Ould Kaddour and Eni CEO Claudio Descalzi have signed a Memorandum of Understanding (MoU) in Algiers for the development of a partnership in the renewable energy sector. Click here to read the full story.

TIL launches new cranes and reach stacker at Excon 2017

TIL Limited, one of the leading providers of a wide range of infrastructure equipment throughout the globe, has showcased its material handling and road building solutions at Excon 2017, which is South Asia’s largest construction equipment exhibition, held in India from 12-16 December 2017. Click here to read the full story.

Angola Cables to boost connectivity for research and education institutions

Angola Cables has announced an agreement with the West and Central African Research and Education Network (WACREN) to improve connectivity for research and higher education institutions. Click here to read the full story.

The President of Sierra Leone inaugurates solar park in Freetown

Dr Enest Bai Koroma, President of Sierra Leone, has inaugurated six megawatt solar park project in Freetown, aiming to provide a substantial access to clean renewable and sustainable electricity to both urban and western rural districts around the capital city. Click here to read the full story.

Sonangol investigates Isabel dos Santos over allegations of "misappropriation of funds"

Sonangol, Angola's state oil company, has announced an investigation into "possible misappropriation" of funds by Isabel dos Santos, the daughter of the former president. Click here to read the full story.

Kenya to build 10MW waste-to-energy electricity plant

The Africa Development Bank’s (AfDB) Sustainable Energy Fund for Africa (SEFA) has approved a grant of US$995,000 to Asticom Kenya Ltd, to support the construction of a 10MW grid-connected municipal waste-to-energy (WTE) plant. Click here to read the full story.

South Africa and Zimbabwe vow to strengthen trade cooperation

Jacob Zuma, President of South Africa, and Emmerson Mnangagwa, President of Zimbabwe, have undertaken to strengthen economic trade and cooperation between the two countries. 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)

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)

African nations have turned to the concept of power pools to address the continent's energy deficit and foster regional cooperation. (Image source: Synergy Consulting)

Dietmar Siersdorfer is expanding his role as Middle East managing director at Siemens Energy to include Africa. (Image source: Siemens Energy)

SEW-EURODRIVE is aggressively driving its African resource expansion by focusing this year on Botswana, Zimbabwe, Eswatini and Mozambique. (Image source: SEW EURODRIVE)