African Review weekly digest - 3rd - 7th July

Komencanto commons for ATR 307(Image source: Komencanto/commons)Here is a brief overview of the week’s news on African Review, from 26th - 30th June 2017  

DTB and Mastercard partner to drive digital payments in Kenya 

Diamond Trust Bank Kenya (DTB) and Mastercard have announced their partnership to roll-out the DTB Masterpass QR app in Kenya, a mobile payment solution that will enable millions of businesses to accept fast and secure digital payments from consumers. Click here to read the full story.

Italy’s ICM wins US$390mn Konza smart city contract 

Kenya awarded a contract worth US$390mn to Italian Impresa Construzioni Guiseppe Maltauro (ICM) for the construction of the country’s first smart city Konza, which is a key plank of Kenya’s ambition to become East Africa’s technology hub. Click here to read the full story

World Bank approves US$345mn loan for Dar es Salaam port in Tanzania 

The World Bank has granted a loan of US$345mn to Tanzania government, for the expansion of a port in Tanzania’s commercial capital Dar es Salaam, which is expected to be turned into a regional trade gateway for the East African country. Click here to read the full story

Mo Ibrahim Foundation announces the 2017 Leadership Fellows from Liberia, Botswana and Senegal 

The three Ibrahim Fellows are Robtel Neajai Pailey (Liberia) who will join the African Development Bank (AfDB), Ndapiwa Segole (Botswana) who will join UN Economic Commission for Africa (UNECA) and Oulimata Fall (Senegal) who will join International Trade Centre (ITC). Click here to read the full story

Aggreko acquires Younicos for green energy future 

Scottish temporary power firm Aggreko announced the takeover of German-US based Younicos, a move that is aimed at reducing the energy cost to Aggerko’s customers and bringing about a reliable and green power to the international market. Click here to read the full story

Revolutionary new power genset for African mining and construction 

KOHLER-SDMO enters a new era with the launch of its KD Series, cementing its position in the power generation market. Click here to read the full story.

Spillovers from China’s soft landing on developing Africa 

China, the world’s second-largest economy, has assisted the African region through greater inflows of bilateral aid, trade, and infrastructure spending, especially over the past two decades – thus helping to raise the continent’s potential growth and business profile in external markets. Click here to read the full story

Smart automation control platforms are essential for future power generation 

Integration of new power generation sources as they develop over the next decade will require advanced automation to create intelligent systems and find increased efficiency on a macro and micro scale. Click here to read the full story

OK TRUCKS offer Iveco guaranteed second hand trucks across Africa 

OK TRUCKS offers a broad showcase of products for customers interested in a second-hand vehicle that is safe, reliable and guaranteed by IVECO. Click here to read the full story

Energy diversity a priority across Africa 

Multiple African countries are embracing energy diversity as a means of meeting the multiple challenges for powering the continent at a domestic, commercial and industrial level. Click here to read the full story

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