Here is a brief overview of the week’s news on African Review, from 4th - 8th December 2017
SIMEST partners with Ansaldo Energia for international expansion
SIMEST has acquired 11 per cent stake in Ansaldo Energia Switzerland, a wholly- owned subsidiary of Ansaldo Energia, an Italian power engineering company. Click here to read the full story.
Specim launches hyperspectral camera to analyse material samples
Specim Spectral Imaging Ltd has launched the world’s first mobile hyperspectral camera, Specim IQ, to analyse material samples in industries ranging from food and health to forensic investigation, recycling, art and agriculture. Click here to read the full story.
London to host major post-sanctions Sudan conference, FDI Sudan
Sudan is experiencing a renewed period of excitement after sanctions were lifted by the US in October 2017. Below is a clip from the Sudanese show 'Turning Point'. Click here to read the full story.
Engie to develop South Africa’s energy services
Engie has signed agreements with two South African energy services companies, Thermaire Investments Ltd and Ampair Ltd, to acquire 100 per cent of their respective shares. Click here to read the full story.
AEC 2017 focuses on governance for structural transformation
On the theme of governance for structural transformation in African countries, the 12th African Economic Conference (AEC) is being held in Addis Ababa from 4-6 December 2017. Click here to read the full story.
France remains at the top of 2017 Food Sustainability Index
France remains at the top of the 2017 Food Sustainability Index (FSI), which ranks 34 countries according to their food system sustainability. Click here to read the full story.
Dangote partners with Jumia to sell cement online
Dangote Cement has signed a pact with Jumia Nigeria, one of the leading e-commerce platforms in the country, to sell cement to customers online, a move that aims to reduce price and ease logistics inherent in the purchase of products. Click here to read the full story.
African economic activity regaining momentum
After broad-based slowdown in 2016, growth revival is underway across much of sub-Saharan Africa. Click here to read the full story.
Sierra Leone parliament ratifies Bumbuna II project documents
The Sierra Leone parliament has ratified the documents of the Bumbuna II hydropower project, which, once completed, is expected to provide all-year round power to the West African country. Click here to read the full story.
The AfDB approves US$74mn loan for Namibia’s education sector
The African Development Bank (AfDB) has approved US$74mn loan to Namibia to finance the country’s education and training. Click here to read the full story.
Angola to build fertiliser factory
The president and CEO of the Dannish group Haldor Topsoe has announced the construction of a factory in Soyo municipality in Zaire province in Angola, to produce two million tonnes of fertiliser per year. Click here to read the full story.
Africa needs to fix its energy problems for sustainable growth: Songwe
Africa needs to create adequate infrastructure to provide energy access to its people to accelerate and sustain economic growth, said Vera Songwe, executive secretary of Economic Commission for Africa (ECA) during the 12th African Economic Conference (AEC), held in Addis Ababa from 4-6 December 2017. Click here to read the full story.
