Market News| Africa Business News

Africa: COMESA States Urged to Increase Power Generation for Industrial Use

Member states of the Eastern and Southern Africa (COMESA) have been urged to enhance power generation capacity to support industrial growth and increase access by rural areas. Dr Kipyego Cheluget, the COMESA assistant secretary general, said access to power for industrial and commercial use is a key driver of growth and job-creation. Speaking in statement ahead of the third edition of the iPAD Rwanda Energy Infrastructure.... Read more »

Posted on : Thursday , 20th October 2016

Cipla signs deal to set up first biosimilars unit in South Africa

Indian pharmaceutical major CiplaBSE 0.55 % has signed a memorandum of agreement for South Africa's first biosimilars manufacturing facility to be set up at a cost of nearly $91 million. The agreement with KwaZulu-Natal Dube Trade Port Special Economic Zone for Cipla BIOTEC's new facility was concluded on the margins of BRICS Summit in Goa, said the South African Ministry of Trade and Industry in a statement here.... Read more »

Posted on : Wednesday , 19th October 2016

Twinsaver invests R580 million in equipment

THE multimillion-Rand investment in production equipment by local tissue manufacturing company, Twinsaver, will boost supplies to the local and export markets as well as maintain the company’s leading position in the sector. The company, which has been operating in South Africa for over 60 years, has announced an investment of R580 million (US$42 million) at its Bellville and Kliprivier operations in the Gauteng and Western Cape.... Read more »

Posted on : Tuesday , 11th October 2016

Fixturlaser South Africa expands its product offering with the introduction of the ONEPROD Hawk from Fixturlaser

The Hawk is a machinery diagnostic tool designed to give mechanics instant, on-demand feedback of the health of their rotating assets. The Hawk will identify machine defects, provide advice on how to fix the problem, and generate a detailed report on the health of the machine, says Managing Director of Fixturlaser South Africa, Steve Gething. The Hawk is a mechanic's tool. With its built-in engineering expertise, straightforward.... Read more »

Posted on : Wednesday , 5th October 2016

East Africa: Kigali Waste-Energy Firm Seeks to Expand in East Africa

A Kigali-based sanitation company is considering selling its waste-to-energy business model to cities across East Africa as it seeks to tap into the region's garbage disposal crisis. Pivot Works Ltd, which runs its demonstration facility in Kigali, converts human waste into solid fuel then sells it to local manufacturing companies as a replacement for coal. The plant uses a dewatering machine to transform toilet waste.... Read more »

Posted on : Wednesday , 5th October 2016

Tanzania: Sido Set for Reforms As Industrialisation Agenda Gains Pace

Dar es Salaam — The Small Industries Development Organisation (Sido) is planning to transform itself into a giant institution that capable of providing technological, training and financial support for small and medium entrepreneurs (SMEs) under one roof. The move is aimed at stimulating the growth of the industrial sector in line with the government's goal to turn Tanzania into a semi-industrialised nation in the coming.... Read more »

Posted on : Tuesday , 4th October 2016

Tanzania: CTI - Business Friendly Govt Key for Growth

Dar es Salaam — The government has been advised to ensure drivers of industrialisation are in place to achieve and linked to attain the targets. There should be hard and soft infrastructure. Hard infrastructure includes roads, railways, ports, air and water system while soft infrastructure such as human resources and skills and finance. Confederation of Tanzania Industries chairman Samuel Nyantahe told.... Read more »

Posted on : Monday , 3rd October 2016

Tanzania: Industrialisation Plan Feasible - TBL

Dar es Salaam — Tanzania's industrialisation goals are achievable, a Tanzania Breweries Limited (TBL) Group official has said. He calling upon the country to learn from others that have undergone through similar processes. The TBL Group and East Africa technical director, Mr Gavin Van Wijk, said by learning from other countries' experiences, Tanzania would be able to design the best industrialisation approach to.... Read more »

Posted on : Saturday , 1st October 2016

Ingenu and Vula Telematix Roll Out Machine Network Across South Africa

Smart Cities Week – Ingenu Inc.™, the pioneer in delivering connectivity exclusively to machines, and Vula Telematix, a leading provider of network solutions for South Africa’s telecommunications and energy markets, today announced the availability of the Machine Network™ in the Western Cape region of South Africa. Vula Telematix, an Ingenu Global Licensing Partner, is the exclusive provider of the Machine Network.... Read more »

Posted on : Thursday , 29th September 2016

Babcock invests in fully automatic CNC bending machine for their high pressure pipe fabrication facility

Babcock is focused on rapidly responding to customers’ challenges by delivering trusted solutions and investing in best in class technology. With boiler experience dating back to 1891, Babcock is Africa’s most established and experienced boiler supplier, and offers a full range of specialised support services to the power generation and related industries. The company recently invested in a new, fully automatic, CNC bending.... Read more »

Posted on : Monday , 26th September 2016

Why a South African manufacturer of pelleting machines is turning heads

Pelleting machines are used in the agricultural industry to process organic material into small, dry pellets for animal feed and fertiliser. Back then Eksteen noticed these machines could only be imported from Europe or the US, and were mostly geared towards large-scale pelleting production – which was unaffordable and impractical for the average smallholder farmer. So he started Agricon Pelleting, a company that manufactures.... Read more »

Posted on : Saturday , 24th September 2016

Africa�s regulators are smothering its innovators

The birth of mobile money transfer in Kenya has raised optimism about the potential of the continent to leapfrog in other technologies. However, Africa’s mobile technology is starting to look like an exception despite efforts to create start-ups using emerging technologies and platforms such as drones, 3D printing, robots and machine learning. There are many reasons for the slow pace at which Africa is able to harness the power of.... Read more »

Posted on : Friday , 23rd September 2016