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Newsletter
17th May 2018
 South African mining regulator accepts West Wits’ mining rights application for the Witwatersrand Basin Project South African mining regulator accepts West Wits' mining rights application for the Witwatersrand Basin Project

West Wits Mining Limited's (WWI) mining rights application for the Witwatersrand Basin Project (WBP) has been accepted for processing by the South African mining regulator

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 Senegal continues to show strong economic growth, says IMF Senegal continues to show strong economic growth, says IMF

Economic growth in Senegal has continued to be strong, while inflation has remained low, according to the team from the International Monetary Fund (IMF), led by Michel Lazare, who visited Dakar from 26 April to 11 May 2018

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 AfDB approves US$1.5mn grant for Jigawa on-grid IPP solar power procurement programme in Nigeria AfDB approves US$1.5mn grant for Jigawa on-grid IPP solar power procurement programme in Nigeria

African Development Bank (AfDB) has approved a US$1.5mn grant to support the Nigerian government's implementation of Phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar procurement programme

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 Farmcrowdy: Agritech firm changing lives of Nigerian farmers for the better Farmcrowdy: Agritech firm changing lives of Nigerian farmers for the better

Agritech company Farmcrowdy enables British Nigerians to invest in chicken, maize and cassava farms, from more than 3,000 miles away, via their mobile phones

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 Hapag-Lloyd opens new office in Ghana to manage operations in West Africa Hapag-Lloyd opens new office in Ghana to manage operations in West Africa

The global container line shipping company Hapag-Lloyd has opened its new office in Tema, the most important port city in Ghana, to manage its operational activities in the West African region

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 ECA Conference of Ministers calls for bold action to drive AfCFTA ECA Conference of Ministers calls for bold action to drive AfCFTA

The potential for the African Continental Free Trade Area (AfCFTA) to become a powerful tool for driving industrialisation, economic diversification and development has been highlighted at the start of the UN Economic Commission for Africa's (ECA) Conference of Ministers in Addis Ababa (Ethiopia)

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 South Africa and Kenya vow to resolve bilateral issues South Africa and Kenya vow to resolve bilateral issues

South Africa and Kenya have committed to resolving outstanding bilateral issues between the countries in preparation for the upcoming 6th Session of the Joint Trade Committee (JTC) which will be held in Mombasa, Kenya in September 2018

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 Fitch revises outlook on Angola to stable, affirms rating at ‘B’ Fitch revises outlook on Angola to stable, affirms rating at 'B'

Fitch affirmed Angola's sovereign rating at 'B', even as it revised its outlook on the country to "stable" from "negative"

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 Dangote makes new appointments, Cherie Blair named non-executive director Dangote makes new appointments, Cherie Blair named non-executive director

African conglomerate Dangote Industries Limited announced new appointments in an organizational rejig

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 Select Committee on Land and Mineral Resources calls for “harsher consequences” after mine tragedy Select Committee on Land and Mineral Resources calls for "harsher consequences" after mine tragedy

The Select Committee on Land and Mineral Resources in South Africa stepped up the heat on gold miner Sibanye-Stillwater, calling for "harsher consequences" after seven workers died from an accident at its Masakhane mine, Driefontein operations

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 South Africa’s DTI says its steel, aluminium imports not a threat to the US South Africa's DTI says its steel, aluminium imports not a threat to the US

South Africa's Department of Trade and Industry (DTI) argued in a statement that the country's steel and aluminium exports to the US did not pose a threat to national security or domestic industry after it was denied an exemption from import tariffs

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 Increasing agri-business development in Ethiopia with the Agriculture Fast Track Fund Increasing agri-business development in Ethiopia with the Agriculture Fast Track Fund

The African Development Bank (AfDB) has signed two agreements to finance agri-business development projects through the Agriculture Fast Track Fund

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The power of sunshine The power of sunshine

Solar farms are being built across Africa, taking advantage of the region's long sunshine hours and helping move the continent towards more reliable power supplies. Tim Guest reports. The full article has been published in the latest issue of African Review

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The broadening of the VAT base for electronic services by foreign businesses The broadening of the VAT base for electronic services by foreign businesses

Former minister of finance for South Africa, Malusi Gigaba, announced in his Budget Speech on 21 February 2018, revealing that the VAT base for the supply of electronic services by foreign businesses to South African consumers would be broadened. The full article has been published in the latest issue of Oil Review Africa

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 NFT and Potain’s Safety First! campaign reaches Saudi Arabia NFT and Potain's Safety First! campaign reaches Saudi Arabia

NFT Specialized in Tower Cranes, along with Manitowoc's Potain, has taken its 'Safety First!' campaign to Saudi Arabia focusing on the main contractors around the Riyadh Metro

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