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Newsletter
19th January 2018
 Angola sets up committee to oversee US$5bn sovereign wealth fund Angola sets up committee to oversee US$5bn sovereign wealth fund

The Finance Ministry of Angola has announced to set up a supervisory committee for the country's US$5bn sovereign wealth fund after an investigation revealed that is processes are transparent

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 Masdar highlights opportunities for smart urban transportation Masdar highlights opportunities for smart urban transportation

Emerging mobility technologies have the potential to provide transformational benefits for cities, with successful integration requiring focus on smart urban planning, long-term investment and use of the latest solutions, according to Masdar's report launched at Abu Dhabi Sustainability Week (ADSW)

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 World Bank forecasts 3.2 per cent GDP growth in Sub Saharan Africa in 2018 World Bank forecasts 3.2 per cent GDP growth in Sub Saharan Africa in 2018

The World Bank annual forecasts predict a 3.2 per cent growth across Africa south of the Sahara.

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 Engie expands its energy services in West and Central Africa Engie expands its energy services in West and Central Africa

Engie has signed an agreement to acquire Afric Power and Tieri, which are specialising in energy services in West Africa

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 Aggreko to provide stable power in Madagascar Aggreko to provide stable power in Madagascar

Aggreko, a global supplier of temporary power generation equipment, has started to supply its HFO-generated power to Madagascar, in a joint operation with energy company Jovena

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 BBOXX to deliver pay-as-you-go solar to urban DRC BBOXX to deliver pay-as-you-go solar to urban DRC

BBOXX, provider of affordable, clean energy to off-grid communities, has launched large pay-as-you-go (PAYG) solar systems in the Democratic Republic of Congo (DRC)

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 South Africa’s trade grows 10 per cent in the Q3 2017 South Africa's trade grows 10 per cent in the Q3 2017

South Africa's total import and export container trade market experienced consistent 10 per cent year-on-year growth during the Q3 2017, according to Maersk Line Southern Africa

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 NEXTracker delivers solar trackers to Egypt’s Benban solar park NEXTracker delivers solar trackers to Egypt's Benban solar park

The global solar EPC company Sterling and Wilson has selected NEXTracker to supply 325MW of its single-axis solar trackers to the Benban solar park project in Aswan, Egypt

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 AfDB approves third sovereign lending instrument AfDB approves third sovereign lending instrument

The board of directors of the African Development Bank Group (AfDB) have approved the Bank's third sovereign lending instrument called the Results-Based Financing (RBF) Policy

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 South Africa’s minister to meet Eastern Cape community development workers South Africa's minister to meet Eastern Cape community development workers

Faith Muthambi, minister for the public service and administration in South Africa, will convene a provincial consultative engagement on the community development workers programme (CDWP) in the Eastern Cape Province on 15 January 2018

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Electricity demand will boost Uganda’s industrialisation drive Electricity demand will boost Uganda's industrialisation drive

The construction of the Karuma and Isimba hydropower plants will more than triple the country's power capacity, paving the way to transform the economy of the country, Geoffrey Muleme reports. The full article has been published in the latest issue of African Review

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iWayAfrica supports MNB growth in Africa based on 20 years’ experience iWayAfrica supports MNB growth in Africa based on 20 years' experience

Africa is often considered the last bastion for true organic economic growth in the global economy. With rapid urbanisation, growing from 40 per cent in 2010 to a projected 60 per cent by 2050, this means greater demand for connectivity. The full article has been published in the latest issue of Communications Africa

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 Grain traders in East Africa buy low-cost Uganda maize Grain traders in East Africa buy low-cost Uganda maize

East Africa's grain traders have started buying maize from Uganda at about half the international price, after a bounty harvest in the country

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