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African Review weekly digest - 29th May - 2nd June

(Image source: Komencanto/commons)

Here is a brief overview of the weeks new on African Review, from 29th May - 2nd June 2017

Lamu development to be bigger than Mombasa port 

The Lamu Port-South Sudan-Ethiopia Transport and Development Corridor is a public-private partnership (PPP) joining Kenya, South Sudan and Ethiopia. Mwangi Mumero reports. Click here to read the full story.  

Mooncor Oil & Gas has entered into a binding letter of intent for Namibia project 

Mooncor Oil & Gas Corp. has announced that it has entered into a binding letter of intent dated 29 May 2017 with an arm's length third party whereby Mooncor will acquire an undivided 50 per cent interest in a silver-Zinc project in Germany and a silver-copper-fluorite project in Namibia, collectively with the German project. Click here to read the full story.  

UN: Digitisation of Kenyan farmer payments helps tackle poverty 

One Acre Fund cut payment losses and collection costs by over 80 per cent, boosting farmers’ satisfaction and economic opportunity. Click here to read the full story.   

IAEA project maps shows significant reserves in groundwater in Sahel region 

Scientists from participating countries – Algeria, Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Ghana, Mali, Mauritania, Niger, Nigeria, Senegal, and Togo – were trained by the Agency to carry out a detailed examination of groundwater using nuclear-based techniques. Click here to read the full story.  

Africa requires advanced technology to improve civil aviation 

Tellumat Air Traffic Management (ATC) has acknowledged the importance of promising technological advances in African civil aviation to enhance safety and cost effectiveness in regional air and ground security, for increasing the continent’s attractiveness as a sought after travel and business destination. Click here to read the full story.  

AfDB ends 2017 Annual Meetings on high note of optimism 

African Development Bank Group (AfDB) concluded its 2017 Annual Meetings on Thursday in Ahmedabad, India, on a high note of optimism generated by the Bank’s good balance sheet and the early successes of its High 5 priorities. Click here to read the full story.  

JCB develops leading single drum soil compactor 

JCB has unveiled the 116D single drum soil compactor, a high-performance roller designed for infrastructure construction and maintenance, general construction and landscaping projects. Initially available in Africa, Asia, and the Middle East, the 116D delivers low fuel consumption, high compaction performance, and improved operator comfort. 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)