N e w s

Diamond mining gaining industrial growth in Africa

 Basikwa Trading (Pty) Ltd was established in 2007, and has since taken advantage of the opportunities opening up in South Africa with regards to diamond benefication. The company trades in rough and polished diamonds on the local market and export to the international diamond trade, and values their customers as they value the diamonds they sell. Basikwa’s diamond factory produces polished diamonds which are certified by the.... Read more »

Posted on : Monday , 24th November 2014

Foreign investment sought for upcoming plant

 E K Farms has acquired over 100 hectares of land, and is now seeking investors to set up a biogas plant on the land. As Africa faces rising energy tariffs and becomes more aware of the dangers of traditional fuel and the greenhouse effect, the demand for more cost efficient biogas is increasing. In addition to lowering production costs, the production process of biogas produces fertiliser as a by-product.   The minimum investment.... Read more »

Posted on : Monday , 24th November 2014

US to set up manufacturing plant in Africa

 The US consul general to Nigeria, Jeffry Hawkins, revealed this recently during a meeting with the state governor Adams Oshiomhole. Hawkins said the US$250mn fertiliser plant was being planned by the Overseas Private Investment Corporation of the US government. Hawkins revealed, “We are here because we are proud that the Overseas Private Investment Corporation of the US government is planning to make a US$250mn investment in.... Read more »

Posted on : Monday , 24th November 2014

Phosphorite mining exploration investment opportunity

 Baobab Equity Management (Pty) Ltd is a Namibian owned company that was awarded an Exploration Prospecting Licence (EPL) to explore for phosphorites off the shores of Namibia in 2010. The company appointed a South African based geological expert to perform a preliminary desktop review of the deposit.   The size of the shelf phosphorite deposit is impressive in terms of extent and phosphorite content. The EPL occurs within the.... Read more »

Posted on : Monday , 24th November 2014

Partners sought for Industrial growth & expantion project in Africa

 Zambian International Trade & Investment Centre (ZITIC) seeks potential investors and joint venture partners are sought for new mining exploration projects in Zambia.   An exploration licence has already been obtained from the authorities for copper, gold and other minerals in North-Western Province amongst operational mines that include Lumwana, Kansanshi and the Sentinel project by First Quantum Minerals.   Investors.... Read more »

Posted on : Monday , 24th November 2014

Investment opportunity to produce aluminium alloy wheels in Africa

 The facility is earmarked to be an aluminium alloy manufacturing factory to provide products to both the original equipment manufacturers (OEM) and after-sale markets, locally and internationally. Negotiations are already underway to export the product to the United Kingdom (Wofrace and Dymang) and for the local supplier of OEMs Ford, Toyota and Hyundai. Raw material for production is readily available from BHP Billiton’s.... Read more »

Posted on : Saturday , 22nd November 2014

Piston manufacturing project seeks investment

 The African aluminium industry is one of the industrial pillars of the South African economy. The country has primary smelters of its own which are performing well. South Africa’s last remaining piston manufacturer closed in the last five years, a victim of the global slowdown in the automotive industry. The country now imports pistons from various parts of the world to support the automotive industry and.... Read more »

Posted on : Saturday , 22nd November 2014

Seeking investment for Industrial Development

 The Richards Bay Industrial Development Zone is seeking investors to invest in the production facility for carbonaceous paste for electrodes used in furnace linings. Carbonaceous electrode paste is used in closed electric smelting furnaces as a continuous self-baking electrode to produce calcium carbide and ferro-alloy. During the furnace operation the electrode paste acts as current conductor. Electrode paste is produced from.... Read more »

Posted on : Saturday , 22nd November 2014

Dangote to invest in manufactuaring plant in Tanzania

 Aliko Dangote is planning to invest in developing Mbinga coal mine in the southwest of Tanzania. This was disclosed during a meeting between Dangote and Tanzania’s Vice President Mohammed Gharib Bilal at the Africa Global Business Forum in Dubai.   Dangote is expecting that the coal from the mine will be used to power Mtwara Cement plant, located in the same region in the country. The amount of investment for the new coal.... Read more »

Posted on : Friday , 21st November 2014

AVIC International to set up headquarters in Nairobi-Kenya at US$ 200m

 AVIC International Holding Corporation has made public their intent to establish their African headquarters in Nairobi, Kenya. The project will be undertaken at a cost of US$ 200m. The building will be set up on a 2,500 square meters piece of land and will include commercial units, a hotel, residential units and offices. The time frame set for the project to be complete is five years and it is expected to create 2000 jobs during the.... Read more »

Posted on : Friday , 21st November 2014

Tanzania to undertake construction of mining and smelting plants

 Tanzania is planning to start local commercial production of iron ore and steel by construction of related smelting plants. The National Development Corporation (NDC) has said that the country is also expecting to produce 1.1 million metric tones per year, with the first batch export expected in four years’ time. Construction of the iron ore mining and smelting plants at Liganga is expected to start off early next year, while they.... Read more »

Posted on : Friday , 21st November 2014

Tanzania to construct a new extraction plant at US$ 4bn

 A new soda ash extraction plant will be constructed at Engaruka basin in the North of Tanzania. Construction of the new soda ash plant, which will have a targeted production of one million tons of soda ash per year, will start end of this year. National Development’s Corporation acting managing director Mlingi Mkucha has said that the government is looking for strategic partner for the project. Construction of the new soda ash.... Read more »

Posted on : Friday , 21st November 2014

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