Sasol is seeking into expanding into more Eastern and Western African countries according to an interview with Reuters on Monday.
Posted on : Tuesday , 9th September 2014
VENTURES AFRICA – The fruits of Nigeria’s Automotive policy continues to grow as the country’s National Automotive Council (NAC) on the implementation revealed that 21 Auto companies have signed commitments with technical partners to set up local assembly operations.
Posted on : Monday , 8th September 2014
The Federal Government has set aside N200bn for the payment of outstanding market liabilities and financial obligations in the power sector.
Posted on : Monday , 8th September 2014
VENTURES AFRICA – South Korea’s Hyundai Motor Company, through its subsidiary, Hyundai Automotive South Africa has opened a new plant in Benoni, Guateng, as it looks to consolidate its position in a very competitive industry.
Posted on : Monday , 8th September 2014
The International Seabed Authority (ISA) has begun issuing exploration licences for mining the yet untouched floor of international waters raising concerns about potential environmental impacts.
Posted on : Monday , 8th September 2014
President Armando Guebuza has inaugurated the Ressano Garcia power station located on the border with South Africa. The Ressano Garcia power station will generate a total of 180 megawatts.
Posted on : Monday , 8th September 2014
FORMER Energy minister Elton Mangoma yesterday questioned the US$533 million Kariba South Power Station extension project launched by President Robert Mugabe last week, saying there was serious suspicion of inflation of prices and looting by officials involved.
Posted on : Monday , 8th September 2014
Power parastatal Eskom has signed a contract that will see the replacement of steam generators at the Koeberg nuclear power plant, it confirmed.
Posted on : Monday , 8th September 2014
German automotive firm Bosch on Thursday announced it has entered the East African market.
The firm's MD of Southern Africa Steffen Hoffman told journalists in Nairobi that it will invest over 250,000 Euros in their business venture in Kenya.
"We want to tap into the motor industry that has been growing rapidly in the past decade as a result of the growing middle class, " Hoffman said during the launch.
&.... Read more »
Posted on : Saturday , 6th September 2014
SOUTH Korean car manufacturer Hyundai is preparing to build vehicles in South Africa.
Posted on : Saturday , 6th September 2014
Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
Posted on : Saturday , 6th September 2014
Petroleum products refining company Engen announced in July that it had launched its Gengear XEP-series indus- trial gearbox oils for high performance under pressure applications onto the local market.
Posted on : Saturday , 6th September 2014
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