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West Nile Delta development project, Egypt

By: Sheila Barradas     15th February 2019 First production from the project has been achieved. 

Tahrir petrochemicals project, Egypt

By: Sheila Barradas     15th February 2019 Tahrir Petrochemicals Corporation is building the largest petrochemicals plant in Egypt and one of the largest naphtha cracker plants in the world. 

KenGen to raise funds from the market this year, eyes green bond

By: Reuters     14th February 2019 The Kenya Electricity Generating Company plans to raise funds from the market later this year and it may opt to issue the country's first green bond, its chief executive said. KenGen has a 1 631 MW annual capacity and it supplies 70% of the East African nation's electricity. Private investors... 

Africa, Middle East increase onshore wind power capacity to 5.7 GW

By: Marleny Arnoldi     11th February 2019 The Global Wind Energy Council (GWEC) on Monday released data that found Africa and the Middle East had installed 962 MW of onshore wind power capacity in 2018 – a 300 MW increase compared with 2017. The GWEC’s global wind report forecasts that a further 6.5 GW of capacity will be added by... 

Three consortiums compete to build dry port west of Cairo

By: Reuters     11th February 2019 Three consortiums are competing to build a dry port west of Cairo worth $100-million, the Egyptian finance ministry said on Sunday. The project will be a public-private partnership between the General Authority For Ports and Dry Land and the winning consortium, to be built on roughly 104 acres in... 

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

Crowdfunding plan for resurrecting South Africa’s Spitfire

By: Rebecca Campbell     25th January 2019 The South African Air Force (SAAF) Museum Spitfire Restoration Project has launched a crowdfunding project to raise money to pay for the construction of a new combined workshop and hangar at the Museum’s main branch, at Air Force Base (AFB) Swartkop in Centurion (south west of Pretoria) in... 

Crowdfunding plan for resurrecting South Africa’s Spitfire

By: Rebecca Campbell     25th January 2019 The South African Air Force (SAAF) Museum Spitfire Restoration Project has launched a crowdfunding project to raise money to pay for the construction of a new combined workshop and hangar at the Museum’s main branch, at Air Force Base (AFB) Swartkop in Centurion (south west of Pretoria) in... 

RBCT coal exports decline 

By: Martin Creamer     24th January 2019 Richards Bay Coal Terminal (RBCT) exported 73.47-million tonnes of coal in 2018, 4.1% less than in 2017. The main export destination of the South African-mined coal was Asia at 81.6%. 

Cape Town’s WhereIsMyTransport expands to Latin America, India

By: Irma Venter     22nd January 2019 Public transport data and technology company WhereIsMyTransport has raised $1.85-million in funding from Liil Ventures and Goodwell Investments, as part of its Series A funding round. The funding will support the company’s expansion into Latin America and India. 

Egypt to invest $9bn in refineries' upgrade over four years – Minister

By: Reuters     21st January 2019 Egypt plans to upgrade six oil refineries at a cost of about $9-billion over four years to increase domestic production to 41-million tonnes a year, the petroleum minister said. "We are trying to secure crude oil supplies for Egyptian refineries to increase local production of refined products,"... 

Reflections on global conventions in a postliberal order

By: Saliem Fakir     18th January 2019 I was in Sharm-El Shaik, Egypt, in November at a gathering of the Convention on Biological Diversity (CBD) of the Conference of the Parties (COP). This enclave of holiday resorts is characterised by daily jostling by tourists mostly from Kiev. At least four flights a day come and in out of the... 

Gold drilling demand ensures solid revenue, contracts for Capital Drilling

By: Marleny Arnoldi     17th January 2019 LSE-listed Capital Drilling exceeded the top end of its revenue guidance of $105-million to $115-million for 2018, on the back of a strong performance at its West African contracts. It earned $116-million in revenue.  

Talks under way to build new gas pipeline to Egypt, Israel says

By: Bloomberg     16th January 2019 Talks are in progress to build a new underwater gas pipeline between Israel and Egypt, part of efforts to transform the eastern Mediterranean into an energy export hub on Europe’s doorstep, Israeli Energy Minister Yuval Steinitz said. Israeli gas stocks rose. Construction could begin as early as... 

Centamin output falls 13% y/y in ‘operationally challenged’ year 

By: Simone Liedtke     9th January 2019 Dual-listed Centamin produced 472 418 oz of gold in 2018 – a 13% year-on-year decrease. The company, which operates the Sukari mine, in Egypt, had, during 2018, revised its full-year guidance downward in response to operational challenges, including lower grades from the openpit in the first half... 

Tanzania to sign deal this week for $3bn power plant – President

By: Reuters     12th December 2018 Tanzania will sign a deal this week for the construction of a $3-billion hydroelectric power plant, the president said in remarks broadcast on state television on Tuesday. President John Magufuli did not name the company awarded the contract for the power plant and dam to be built in the Selous... 

Oil, gas outlook positive amid tough conditions, says PwC review

By: Kim Cloete     7th November 2018 The outlook for Africa’s oil and gas industry is positive, despite tough economic conditions and far fewer discoveries over the past year, PwC’s yearly 'Africa Oil & Gas Review' shows. The review indicates how the industry has responded in the wake of the recovery of the oil price to close to... 

Centamin reports sharp drop in Q3 profit

By: Mariaan Webb     1st November 2018 Gold miner Centamin, which operates the Sukari mine in Egypt, has reported sharply lower third-quarter profit, as its revenue decreased by 35% year-on-year, reflecting lower gold production and sales. The London- and Toronto-listed miner posted profit of $10.23-million, compared with $34-million... 

SAWEA CEO bullish about SA wind energy outlook

By: Tracy Hancock     26th October 2018 As forecast, 2018 is shaping up to be a landmark year for the South African energy sector, South African Wind Energy Association (SAWEA) CEO Brenda Martin tells Engineering News. Bolstering South Africa’s energy sector is much-improved policy certainty, transparent decision-making and public... 

Imbizo to promote green chemistry in South Africa

By: Natasha Odendaal     19th October 2018 The National Cleaner Production Centre of South Africa (NCPC-SA) is working steadily behind the scenes to promote and develop the concept of green chemistry, as part of a global initiative driven by the United Nations Industrial Development Organization (UNIDO) and Yale University’s Center for... 

Containerised workshop facilitates hydraulic services

19th October 2018 Hydraulics components supplier Hytec Services Africa (HSA), part of hydraulic components supplier Hytec Group, has launched its mine site based containerised hose workshops to provide a comprehensive onsite hose and fittings service to its mining clients across Africa. Set up in refurbished and... 

IRP 2018 suffers from major failings, nuclear analyst claims

By: Rebecca Campbell     19th October 2018 South Africa's Integrated Resource Plan (IRP) 2018 contained serious flaws which significantly undermined confidence in its recommendations. So affirmed University of the Witwatersrand Honorary Research Fellow and South African Network for Nuclear Education, Science and Technology National... 

Positives of migration

By: Martin Zhuwakinyu     19th October 2018 Television footage of desperate Africans drowning in the Mediterranean Sea en route to Spain and other European destinations that hold out the promise of a better life has become all too frequent. The International Organisation for Migration puts the cumulative toll since 2000 at 33 000, with... 

M&A activity slowly increasing in Africa

By: Marleny Arnoldi     18th October 2018 Merger and acquisition (M&A) activity has been slower in South Africa, compared with prior years; however, other African countries have seen an increase in deals closed, said Hogan Lovells partner Sibongile Solombela at the firm’s Africa Forum conference held on Thursday. M&A activity is still... 

Liquid eyes further expansion as Cape to Cairo links up

By: Natasha Odendaal     18th October 2018 Pan-African telecommunications group Liquid Telecom is eyeing further expansion across the African continent after completing its Phase 1 decade-long project of connecting a 60 000 km network from Cape Town, South Africa, to Cairo, Egypt. The group on Thursday reported that, following the... 

Poverty comes with a data premium – Competition Commission hears 

By: Natasha Odendaal     17th October 2018 Just over a year since initiating a market inquiry into data services, the Competition Commission on Wednesday kicked off its three-day public hearings to obtain a clear understanding of what is causing or leading to high data prices, along with the current state of competition, in South Africa.... 

IRP 2018 suffers from major errors, affirms nuclear analyst 

By: Rebecca Campbell     3rd October 2018 South Africa's Integrated Resource Plan (IRP) 2018 contained serious flaws which significantly undermined confidence in its recommendations. So affirmed University of the Witwatersrand Honorary Research Fellow and South African Network for Nuclear Education, Science and Technology National... 

Efora Energy seeks strategic partner to jointly own, operate Lagia oilfield in Egypt

By: Marleny Arnoldi     27th September 2018 JSE-listed Efora Energy has decided it is best to seek a strategic partner to accelerate the development of its Lagia oilfield, in Egypt, following a strategic review of the project. The company will also consider reducing its interest in Lagia, as part of a partnership agreement.  

ABB digital technology to help enhance Egypt’s power grid

By: Simone Liedtke     26th September 2018 Multinational automation company ABB has been selected by the Egyptian Electricity Transmission Company (EETC) to help upgrade and digitalise the electrical grid in the Port Said region, located along Egypt’s Mediterranean coast. The area includes the landmark Suez Canal. 

Visa regulation amendments to ease entry for business travellers, tourists

By: Tasneem Bulbulia     25th September 2018 The Department of Home Affairs (DHA) is pursuing new regulations to make it easier for business travellers, tourists and academia to enter South Africa, but South African minors leaving the country will still need consent from both parents when leaving the country. The announcement of the new... 

Global crude steel production rises 2.6% y/y in August

By: Simone Liedtke     25th September 2018 Global crude steel production increased by 2.6% year-on-year to 151.7-million tonnes in August, the World Steel Association (worldsteel) reports. According to the data, which was released on Tuesday, China’s crude steel production for August was 80.3-million tonnes, an increase of 2.7% compared... 

South Africa to relax visa rules to boost investment, tourism 

By: Reuters     25th September 2018 South Africa will ease some immigration rules, including agreeing visa waiver agreements with more countries, in an effort to boost investment and tourism, Home Affairs Minister Malusi Gigaba said on Tuesday. The changes are part of a broader economic turnaround programme announced by President... 

African enviro Ministers commit to increasing conservation efforts

By: Marleny Arnoldi     20th September 2018 In a Ministerial declaration issued on Thursday at the closing of the African Ministerial Conference on the Environment, African governments agreed to enhance innovative solutions and build human capital to achieve sustainable development in Africa around the environment. “The environment is... 

Egypt signs oil, gas exploration deal with Shell, Petronas worth about $1bn – statement 

By: Reuters     17th September 2018 Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia's Petronas worth around $1-billion for 8 wells in the country's West Nile Delta, the petroleum ministry said on Saturday. The country also signed a second $10-million deal with Rockhopper, Kuwait Energy... 

Sophia comes to South Africa

By: Martin Zhuwakinyu     7th September 2018 Sophia the Saudi Arabian. Rings a bell? If it doesn’t, a clue: she was the subject of a recent instalment of this column and has the rare distinction of not having been born of flesh and blood. She came to our shores last week and wowed attendees at the SAP Now conference, in Johannesburg, where... 

China's Xi offers another $60bn to Africa, but says no to 'vanity' projects

By: Reuters     3rd September 2018 Chinese President Xi Jinping offered another $60-billion in financing for Africa on Monday and said Chinese companies will be encouraged to invest no less than $10-billion over the next three years, but he also warned against "vanity projects". Speaking at the opening of a major summit with... 

China's Xi says no strings attached to funds for Africa

By: Reuters     3rd September 2018 Chinese funds are not for "vanity projects" in Africa but are to build infrastructure that can remove development bottlenecks, Chinese President Xi Jinping said on Monday, telling Chinese firms they also had to respect local people and the environment. Xi said at a business forum before the start... 

Crude steel production, capacity utilisation ratio increase y/y in July

By: Marleny Arnoldi     27th August 2018 Global crude steel production for the 64 countries reporting to the World Steel Association was 154.6-million tonnes in July – a 5.8% year-on-year increase. China contributed 81.2-million tonnes of crude steel in July, a 7.2% year-on-year increase. Japan produced 8.4-million tonnes, which is... 

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