R/€ = 15.87 Change: 0.06
R/$ = 13.99 Change: 0.06
Au 1344.63 $/oz Change: 16.15
Pt 829.55 $/oz Change: 19.26


EAIF backs billion-dollar Nigeria fertiliser plant

By: Anine Kilian     22nd August 2018 The Emerging Africa Infrastructure Fund (EAIF) on Wednesday announced the financial close of its 11-year $35-million loan to Indorama Eleme Fertiliser & Chemicals (IEFCL). The transaction is part of the financing of a $1.1-billion expansion of IEFCL’s existing fertiliser plant at Port Harcourt,... 

Nigerian’s Dangote Cement partners with online shopping giant Jumia

By: African News Agency      5th December 2017 Nigerian based Dangote Cement has signed a deal with the e-commerce platform Jumia Nigeria to sell its cement to online. According to the group, the move was designed to reduce price and ease logistics inherent in the purchase of its products. 

Steady demand for customisable stainless steel products

By: Robyn Wilkinson     27th October 2017 Owing to its strong reputation for customisable turnkey solutions, there is steady and strong demand for stainless steel processing equipment manufacturer Anderson Engineering’s products throughout the African markets that it serves, says Anderson Engineering deputy MD David Nienaber. 

Interswitch Launches Us$10 Million E-Payment Growth Fund

16th February 2015 Interswitch, a leading pan-African integrated payment, processing and transaction switching company, announces the launch of a new US$10 million ‘ePayment Growth Fund’. The fund is intended to serve as a catalyst for funding innovation and disruptive business concepts within the payment industry... 

Young professional at GIBB clinches award at SAPSA event

7th November 2014 GIBB Engineering’s Structural Engineer, Adéle Lombard received the Investec Award for Young Professional of the Year at the first South African Professional Services Awards hosted at Emperors Palace recently. The event recognised various players excellence in a variety of industries. The... 

Parker Hannifin signs distribution agreement for Africa with Oilserv Group

4th November 2014 Parker Hannifin signs distribution agreement for Africa with Oilserv Group Etoy, 24. October 2014 – Parker Hannifin, the global leader in motion and control technologies has just signed a strategic agreement with Oilserv Group, which will ensure the distribution of Parker products for the Oil and... 

SA must position itself to be top supplier of oil, gas skills

By: Creamer Media Reporter      1st August 2014 The oil and gas industry in Africa is experiencing unprecedented growth, especially on the East Coast, where recent gas discoveries are transforming local economies in countries like Mozambique and Tanzania. South Africa is ideally positioned to become a major hub in the booming oil and gas... 

MTN appoints Ericsson to manage Nigeria network

By: Natasha Odendaal     21st February 2014 Telecommunications group MTN has appointed communications technology and services provider Ericsson to manage, optimise and maintain the bulk of MTN’s network infrastructure in Nigeria. The five-year managed services contract would see Ericsson take over the day-to-day operations of MTN’s network... 


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