Market News| Africa Business News

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

East Africa: Special Machinery to Make Arusha Safest Region's City

Arusha — In an effort to ensure total security within Arusha Urban District, the Regional Commissioner (RC), Mr Mrisho Gambo, has led a dialogue towards forming special machinery to make the city safest haven in East and Central Africa. The task force formed to address the issue has come up with various strategies that got tabled during the meeting headed by the Commissioner here. Attended by various stakeholders.... Read more »

Posted on : Thursday , 22nd September 2016

How Data And Machine Learning Are Changing The Solar Industry

Like most sectors, the solar industry is rapidly embracing ways to analyze and crunch data in order to lower the cost of solar energy and to open up new markets for their technology. The rise of data tools—algorithms, machine learning, sensors—are driving investments in, and acquisitions of, solar startups, while entrepreneurs are launching new companies that are using data to solve various solar industry problems..... Read more »

Posted on : Wednesday , 21st September 2016

Tanzania: Govt Banks On Mid-Sized Firms for Industrialization

Dar es Salaam — The government expects the private sector to boost the country's industrialisation drive and achieve its goal of becoming a middle income economy by 2025. Permanent Secretary in the ministry of Industry, Trade and Investments Adelhelm Meru delivering a speech at the gala dinner for this year's Top 100 Mid-Sized Companies on Friday night said small and medium sized enterprises (SMEs) were regarded as the.... Read more »

Posted on : Tuesday , 20th September 2016

G20 to support Africa�s industrialization

World leaders at this year’s G20 Summit in China have backed a new plan to support Africa’s industrialization, Chinese President Xi Jinping told journalists on Monday. Speaking shortly after the closure of the summit, Xi did not elaborate the details of the plan but said the Hangzhou summit had crafted a raft of action plans to help developing nations. “For the first time, we have devised a.... Read more »

Posted on : Saturday , 17th September 2016

Scientists combine satellite data, machine learning to map poverty

One of the biggest challenges in providing relief to people living in poverty is locating them. The availability of accurate and reliable information on the location of impoverished zones is surprisingly lacking for much of the world, particularly on the African continent. Aid groups and other international organizations often fill in the gaps with door-to-door surveys, but these can be expensive and time-consuming to conduct. In.... Read more »

Posted on : Friday , 16th September 2016

Tanzania: CTI Study Roots for Expertise Sharing to Industrialise Tanzania

Dar es Salaam — Industrialists have advised the government to strengthen the Small Industries Development Organisation (Sido) and support small and medium-size enterprises (SMEs) to form business groups and clusters. They have said by so doing such parties will share expertise vital for industrialisation. Confederation of Tanzania Industries (CTI) chairman Samuel Nyantahe said the organisation had prepared a report on.... Read more »

Posted on : Thursday , 15th September 2016

Lubricants Market Size to Reach 47.75 million tons by 2022

The global lubricants market was evaluated at 37000 million US dollars during year 2014 in terms of revenue. It is predicted to cross 74000 million US dollars by end of year 2022. The global industry is anticipated to grow at a CAGR growth rate of 8.5% during the estimated period in revenue terms. The growth of the global lubricants market is promoted due to aspects like rapid industrialization in the APAC zone. Growing.... Read more »

Posted on : Wednesday , 14th September 2016

Tanzania: TCCIA Calls On Govt to Invest Heavily to Boost Industries

Dar es Salaam — This was a message from key industry stakeholders on Thursday during a press conference organised by the Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA). TCCIA warned the government that a blanket cost-cutting drive would prove counterproductive in the long run. "If the government spends more, it will also be in a better position to collect more revenue, there is a huge chance for return.... Read more »

Posted on : Monday , 12th September 2016