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Infrastructure News

London court rules DP World Djibouti contract 'valid and binding' – Dubai govt

By: Reuters     2nd August 2018 Dubai's government said on Thursday the London Court of International Arbitration (LCIA) has ruled DP World's port container terminal contract in Djibouti was valid and binding. The government of Djibouti seized the Doraleh Container Terminal from DP World in February over a dispute dating back... 

New twist in M&R battle as takeover body disallows further progress on Aveng tie-up

By: Terence Creamer     2nd August 2018 The protracted tussle for control of Murray & Roberts (M&R) took yet another turn this week, after the Takeover Special Committee (TSC) overturned a June decision by the Takeover Regulation Panel (TRP), allowing M&R to continue with preparations for a potential combination with Aveng, despite the... 

New twist in M&R battle as takeover body disallows further progress on Aveng tie-up

Concrete industry urged to stand together to lobby government

By: Marleny Arnoldi     1st August 2018 AfriSam sales and marketing executive Richard Tomes has urged the concrete industry to seriously consider consolidation and collaboration amid a tough operating environment. “Often the private sector is critical about government when we are confronted with the challenges of our industry; however,... 

R7bn needed to complete Limpopo's unfinished roads 

By: News24Wire      1st August 2018 An estimated R7-billion will be needed to complete all unfinished roads in Limpopo. This is according to the spokesperson for the provincial department of public works, roads and infrastructure, Joshua Kwapa, who said the department currently does not have the budget to complete unfinished roads... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Chinese investors plan $10bn metallurgical complex in South Africa

By: Reuters     27th July 2018 Chinese investors signed agreements to build a $10-billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project and a provincial official told Reuters. South Africa's President... 

UK-born idea could improve ventilation, cooling in African city buildings

By: Marleny Arnoldi     27th July 2018 An idea to retrofit existing buildings in African cities with three-dimensional (3D) printed porous insulation panels to improve liveability and reduce energy consumption for cooling and ventilation has been named the African winner of the Cities for our Future competition run by the Royal... 

UK-born idea could improve ventilation, cooling in African city buildings
Artist's impression of a resilient urban community

More than 300 delegates expected

By: Donald Makhafola     27th July 2018 The Southern Africa Readymix Association (Sarma), The Concrete Institute (TCI), the Concrete Society of Southern Africa (CSSA) and the Concrete Manufacturers Association (CMA) are looking forward to hosting more than 300 delegates at this year’s The Concrete Conference (TCC), which will take... 

More than 300  delegates expected
JOHAN VAN WYK Sarma is conducting this year's market size survey and is expecting it to be released in August

China loans to Africa energy, infrastructure projects almost trebled between 2016 and 2017

By: African News Agency      26th July 2018 The value of Chinese loans to energy and infrastructure projects in Africa almost trebled between 2016 and 2017 to nearly $9-billion and the impact of this lending is increasingly visible in Africa, law firm Baker McKenzie said at the sidelines of a Brics summit. Baker McKenzie, participating at... 

Africa's richest man arranges $4.5bn of financing for oil refinery 

By: Reuters     25th July 2018 Africa's richest man, Aliko Dangote, has arranged more than $4.5-billion in debt financing for his Nigerian oil refinery project and aims to start production in early 2020, he told Reuters. Dangote, who built his fortune in cement, is building the world's largest single oil refinery with capacity... 

Cape Town train fire platform repairs completed – Metrorail

By: News24Wire      25th July 2018 Repairs to the two platforms at Cape Town station damaged during a fire last week were completed on Tuesday. In a statement, Metrorail said Platforms 15 and 16 were back in business after repairs had been completed and structural engineers confirmed that the integrity of the overhead concrete... 

Rwanda signs $300m in loan deals with China, India

By: Reuters     24th July 2018 Rwanda signed loan agreements worth more than $300-million with China and India to fund roads and irrigation, officials said, as leaders from the two Asian powers made their first visits to the East African nation. Chinese President Xi Jinping visited Rwanda from Sunday to Monday and granted a... 

Brics bank approves $600m loans for South African, Chinese projects

By: Reuters     24th July 2018 The New Development Bank, set up by the Brics group of emerging economies, has approved loans of $300-million for energy projects in South Africa and $300-million for a transportation project in China. South Africa, which will host a Brics summit later this week in Johannesburg, is trying to... 

Eskom confident of raising R72bn despite qualified audit  

By: Terence Creamer     23rd July 2018 Financially stressed electricity producer Eskom expressed confidence on Monday that it would be able raise the R72-billion it required for the 2019 financial year, despite having received a qualified audit opinion for the 2018 financial year, reporting a R2.3-billion loss and nearly 20-billion in... 

Eskom confident of raising R72bn despite qualified audit
Eskom chairperson Jabu Mabuza explains why IPPs do not pose a financial risk to the utility. Camera Work & Editing: Nicholas Boyd. Recorded: 23.07.2018

Growthpoint, Cintocare break ground on R450m Pretoria head, neck hospital

By: Marleny Arnoldi     23rd July 2018 Real estate investment trust Growthpoint Properties and private company Cintocare on Monday broke ground on the R450-million development of an 11 000 m2 special surgical head and neck hospital, in Pretoria, which will be the first green-certified hospital in Africa. The companies are creating a... 

Growthpoint, Cintocare break ground on R450m Pretoria head, neck hospital
Growthpoint has started with earthworks for the head and neck surgical hospital in Pretoria

As crops dry, Malawi turns to solar irrigation

By: Reuters     23rd July 2018 As climate change brings longer droughts, farmers in eastern Malawi's already dry Lake Chilwa basin are seeing an ever-more-frequent disaster: maize wilting or drying completely, leaving families hungry. "In the past many farmers relied on rain-fed agriculture to grow their food," said Edwin... 

City of Tshwane allocates more than R25m to fix sinkholes around the city

By: African News Agency      23rd July 2018 The City of Tshwane has allocated at least R27.5-million to address five prioritised sinkholes that have created a hazard for drivers in the last few years, said Member of the Mayoral Committee for roads and transport Sheila Lenna Senkubuge on Monday.  Another R25-million will be made available... 

R30m damage caused by Cape Town train fire

By: News24Wire      23rd July 2018 Officials are trying to establish the cause of a fire at Cape Town station that destroyed a number of train units – leaving an estimated R30-million cost of repair, PRASA said on Sunday. "While the reasons behind the fire are still sketchy, it is reported that one train arrived at the station, at... 

Cape Town's Freeway Foreshore Project might be back on again

By: News24Wire      23rd July 2018 Cape Town's Foreshore Freeway Projects is not "dead and buried" and the City will go back to the drawing board to find another way of making the project work, Mayor Patricia De Lille said on Sunday. "It is disappointing that our first attempt did not work out," said De Lille in a statement. This... 

Cape Town's Freeway Foreshore Project might be back on again

In Senegal, China's President Xi pledges stronger Africa ties

By: Reuters     23rd July 2018 China's President Xi Jinping pledged during a visit to Senegal on Saturday to strengthen economic ties with Africa, a continent already awash with cheap Chinese loans in exchange for minerals and huge construction projects. Xi arrived in Senegal on Saturday for a two-day visit to sign bilateral... 

Transnet expansion project uplifts the community

20th July 2018 State-owned freight rail company Transnet’s R2.38-billion Manganese Rail Phase 1 Expansion project created about 2 200 employment opportunities in the remote Northern Cape region and provided skills development and training to local staff. 

Transnet expansion project  uplifts the community
BENEFICIARIES Women to Women Shelter is one of the community organisations that benefited from the project

S African project managers require business competencies

By: Donald Makhafola     20th July 2018 In the early stages of a project management career, some professionals have a lack of understanding of the link between business strategy and projects, and with this, the acumen to know what business information emanating from the project is useful to extract, interpret and provide to the... 

S African project managers require business competencies
Photo by Bloomberg
PROJECT MANAGERS Project Management South Africa members are currently undergoing assessment on the designations that require a review of the competencies associated with project management

WBHO grows its UK presence

By: Creamer Media Reporter      19th July 2018 Wilson Bayly Holmes-Ovcon (WBHO) subsidiary WBHO UK has acquired a 60% stake in UK construction business Russells for £32.8-million, as well as a 31.7% stake in Russell Homes for £3.25-million. Russells provides design, installation and project management capabilities in the UK construction... 

WBHO grows its UK presence

US-based Opic CEO visits S Africa, African countries to advance development

By: Marleny Arnoldi     19th July 2018 US Overseas Private Investment Corporation (Opic) president and CEO Ray Washburne this week visited South Africa and met with local banks to discuss investment opportunities in advancing development in the country and highlight Opic-supported projects. It is Washburne’s third stop on a... 

M&R awarded R4bn of projects in Australasia

By: Marleny Arnoldi     19th July 2018 JSE-listed engineering and construction group Murray & Roberts (M&R) has been awarded new projects to the value of R4-billion, to be delivered over the next two years. These awards include projects to be undertaken by M&R’s oil and gas platform in the metals and minerals market in Australasia,... 

Light rail line in Nigeria's capital opens to passengers

By: Reuters     19th July 2018 Nigeria has opened a new Chinese-built light railway network in the capital Abuja after 11 years of construction, a rare transport project in a nation where economic growth has been stymied for generations by a lack of infrastructure development. Passengers were permitted this week to ride the... 

Alphabet to deploy balloon Internet in Kenya in 2019

By: Reuters     19th July 2018 Alphabet's Loon said on Thursday it would deploy its system of balloons to beam high-speed Internet access with Telkom Kenya from next year to cover rural and suburban populations, marking its first commercial deal in Africa. Known as Project Loon, the technology was developed by Alphabet's X,... 

City of Cape Town cancels Foreshore Freeway Precinct project 

By: News24Wire      18th July 2018 Cape Town's famous unfinished freeway will remain as it is, after the City announced on Wednesday that it was cancelling its ambitious Foreshore Freeway Precinct project. "The City of Cape Town’s City Manager has, upon receiving legal advice, taken the decision to cancel the Request for Proposals... 

Listed contractors feeling the pinch as construction sector dynamics change 

By: Natasha Odendaal     18th July 2018 A change in dynamics within the construction industry over the past few years is leading to the demise of the “big contractor” in South Africa. With the first potential “casualty” possibly being seen in the downward spiral of Basil Read, Industry Insight senior economist David Metelerkamp on... 

Listed contractors feeling the pinch as construction sector dynamics change
Industry Insight senior economist David Metelerkamp discusses the state of South Africa's construction industry. Video and editing: Darlene Creamer.

China overloading poor nations with debt, top US official says

By: Reuters     17th July 2018 China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the US Overseas Private Investment Corporation (OPIC) said on Monday. The criticism of Beijing - targeted by President Donald Trump in a trade war that... 

Multimillion-rand French funding deal for drought-stricken Western Cape still needs environmental approval

By: News24Wire      16th July 2018 A nearly R9-million joint desalination project between the Western Cape government and the French government still needs the required environmental approval for operation in November. The solar-powered desalination plant, the first of its kind, will be located in the coastal town of Witsand on... 

Ministers reiterate commitment to implementation of LHWP Phase 2

By: Simone Liedtke     16th July 2018 South African Water and Sanitation Minister Gugile Nkwinti, Lesotho Water Minister Samonyane Ntsekele and the Lesotho High Commissioner Sello Moloto have reaffirmed their commitment to the successful implementation of the Lesotho Highlands Water Project (LHWP) Phase 2. Poised to secure a... 

Telecom Egypt, Liquid Telecom sign MoU to complete fibre network from Cape Town to Cairo

By: Reuters     16th July 2018 Telecom Egypt has signed a memorandum of understanding with Liquid Telecom to enable the Pan-African group to complete Africa’s terrestrial fibre network stretching across the African continent, the companies said on Saturday. Liquid Telecom, a subsidiary of Econet Wireless Global, has been... 

Africa's richest man signs $650m Afreximbank loan for oil refinery

By: Reuters     16th July 2018 Africa's richest man, Aliko Dangote, has signed a $650-million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria. The seven-year term loan would attract a moratorium of five years, according to facility terms read out during the signing. 

One arrested as Eskom stolen cables worth R5m discovered in Johannesburg 

By: Reuters     13th July 2018 An investigation team from Eskom recovered stolen Eskom infrastructure worth R5-million, the power utility said on Friday. One person was arrested when the team and members of the SA Police Service made the discovery of the infrastructure, which included aluminium and copper cables, in... 

Inquiry into Grayston drive bridge collapse awaiting heads of arguments

By: Creamer Media Reporter      13th July 2018 The Department of Labour-led inquiry into the October 2015 collapse of the Grayston drive pedestrian and cyclist structural bridge this week completed its work of gathering evidence. It is now awaiting the submission of written heads of arguments by legal representatives of interested... 

Infrastructure-focused firm moving to raise capital for next round of acquisitions

By: Terence Creamer     13th July 2018 JSE-listed investment holding company GAIA Infrastructure Capital is embarking on an investor roadshow in an effort to raise the capital it needs to acquire additional infrastructure assets with a combined value of R1.7-billion. The company, which invests in operating infrastructure assets in... 

Infrastructure-focused firm moving to raise capital for next round of acquisitions
GAIA Infrastructure Capital CEO Prudence Lebina

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