Automation and control systems (ACS) technologies in sub-saharan Africa are set to experience a surge in investment, according to a new analysis by Frost and Sullivan
Construction
Glencore increases stake in Mutanda mining
Anglo-Swiss commodity trading and mining company Glencore Xstrata has increased its indirect interest in the Democratic Republic of the Congo (DRC) copper miner Mutanda Mining for US$430mn
Chinese firm lands cement plant deal in Algeria
China Triumph International Engineering Group Co (CTIEC) has secured a deal for the development of a 1.5 million tonne annual capacity cement plant in Algeria
Zimbabwe’s Harare City Council to partner with Neo Capital for US$400 million roads project
The Harare City Council in Zimbabwe has announced that it is partnering with South Africa’s Neo Capital and investing US$400mn in rehabilitating and maintaining roads in the capital
North Holdings to build US$800 million cement factory in Ethiopia
US-based North Holdings Investment said it plans to invest US$800mn in building a cement factory in the Amhara Regional State, Ethiopia