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African groundwater ‘may be difficult to extract’

African groundwater ‘may be difficult to extract’

While groundwater maps of the African continent created much optimism when they were published recently, experts have warned that accessing water from such sources may prove difficult due to political...

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Financial

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Business

Concrete growth for cement firm Lafarge

Image - Concrete growth for cement firm Lafarge

Cement producer Lafarge has reported a five per cent year-on-year rise in 2012 first quarter sales to US$4.4 billion as higher prices offset rising costs and demand from emerging markets

Economy

AfDB head calls on Africa to adopt a transformation economy

Image - AfDB head calls on Africa to adopt a transformation economy

The president of the African Development Bank has called on African countries to move away from subsistence economics and focus on industrialisation

Banking & Finance

Project to provide microfinance access to more than five million

Image - Project to provide microfinance access to more than five million

The International Finance Corporation (IFC) has teamed up with The MasterCard Foundation to launch a project to provide 5.3 million people in Sub-Saharan Africa access to financial services

IT

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Banking Software

Cloud strategy for global microfinance community

Image - Cloud strategy for global microfinance community

Temenos launch complementary go-to-market model using Microsoft technologies to address affordable access to finance in emerging markets

Enterprise Software

Datasat launches remote communications microsite for mining

Image - Datasat launches remote communications microsite for mining

Remote communications specialist Datasat Communications has launched a new microsite designed specifically for the mining industry

Mobile Computing

Consortium launches West African undersea cable

Image - Consortium launches West African undersea cable

A consortium that includes phone giants MTN and Vodacom has launched a US$650 million submarine network system, which will provide an additional 400 Gbps per second of international broadband capacity

Manufacturing

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Water & Environment

African groundwater ‘may be difficult to extract’

Image - African groundwater ‘may be difficult to extract’

While groundwater maps of the African continent created much optimism when they were published recently, experts have warned that accessing water from such sources may prove difficult due to political

Engineering

Renewable manufacturer to offer “know-how” to SA market

Image - Renewable manufacturer to offer “know-how” to SA market

Gestamp Renewable Industries has established its presence in the South African renewable energy components market by announcing plans to carry out more than US$300 million worth of contracts in the

Plastics

Takeover boosts local textile industry

Image - Takeover boosts local textile industry

 South Africa’s embattled textile industry has been given a massive shot in the arm after the takeover of a Cape Town polyester fibre factory

Construction & Mining

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Buildings

Housing demand in East Africa hits five million units

Image - Housing demand in East Africa hits five million units

Rising populations and a vibrant middle class have forced four East African states to face up to the challenge of constructing at least five million housing units in order to

Quarrying

Randgold says 2012 target realistic despite Mali unrest

Image - Randgold says 2012 target realistic despite Mali unrest

Randgold Resources has brushed off concerns that its target for 2012 would be affected by the unrest in Mali after it told investors it was on track to meet its

Roads

AfDB funds give East African road development major boost

Image - AfDB funds give East African road development major boost

The African Development Bank (AfDB) has granted US$300 million towards the construction of the Arusha-Mombasa Highway

Transport & Logistics

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Automotive

Metric Automotive Engineering introduces new engine replacement parts

Image - Metric Automotive Engineering introduces new engine replacement parts

Distributor of IPD engine parts, Metric Automotive Engineering has access to new part numbers released on a monthly basis to cover the popular Caterpillar C Series engines.

Aviation

African aviation industry at full flight

Image - African aviation industry at full flight

Across the African continent, airlines are expanding by opening up new routes and revamping existing capacity to handle passengers and freight alike, writes Mwangi Mumero

Buses

New bus service in Lagos

Image - New bus service in Lagos

Badagry route to reveive new system

Energy & Power

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Genset & UPS

Providing power and generating good business

Image - Providing power and generating good business

A common problem facing equipment managers is – rent or purchase? And in Africa, where power supplies so frequently fail, the dilemma concerns costly diesel generators more than most

Oil & Gas

Chevron helps boost literacy in South Africa

Image - Chevron helps boost literacy in South Africa

Oil company, Chevron South Africa, has funded a new US$67,000 library at Du Noon Primary School in Cape Town, which opened recently

Power Generation

Siemens ties up Nigerian energy deals

Image - Siemens ties up Nigerian energy deals

Nigeria’s Federal Ministry of Power has signed an agreement with German energy giant Siemens AG to strengthen the strategic partnership between the two entities

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