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South African Reserve Bank appoints new advisor for governors
The South African Reserve Bank (SARB) has appointed Fundi...
Deloitte Africa unveils 2018 Outlook for Emerging Market insights
The year 2017 saw Emerging Markets (EMs) become the...
African Real Estate demand soars
Demand for investment in African real estate is expected...
deVere Group launches cryptocurrency app in South Africa
A cryptocurrency app is to be launched by one...
African Economic Outlook 2018 officially launched in Côte d’Ivoire
The African Development Bank (AfDB) has officially launched the...
How to make the tax act work for you
South Africa has a highly favourable tax environment for...
Vumile Msweli
Vumile Msweli is the Chief Executive Officer at Hesed...
Royal Bafokeng Platinum gets approval for Maseve mine acquisition
Royal Bafokeng Platinum (RBPlat) announced today, 17 January 2018,...
Ghana fast tracks EMV migration
Gemalto, a digital security company is providing its PURE...
ICRC and Tony Elumelu Foundation empower Nigerian entrepreneurs
The International Committee of the Red Cross (ICRC) and...

Energy

Medupi is the largest coal-fired power plant in Africa

Monday, December 4th, 2017

Medupi is the largest coal-fired power plant in Africa

General Electric (GE) Steam Power Systems received a Final Acceptance Certificate from Eskom for the successful testing and transitioning of Medupi Power Station Unit 4. GE’s commitment to work with the customer will bring the country’s government closer to realizing its energy supply goals. Upon completion, the power station will produce a total of 4800MW

Sasol signs $3.9 billion revolving credit facility

Thursday, November 23rd, 2017

Sasol signs $3.9 billion revolving credit facility

Sasol, the South African chemicals and energy company, has increased its existing $1.5 billion Revolving Credit Facility to $3.9 billion and extended the maturity to five years with the inclusion of two further extension options of one...

Future Energy East Africa comes to Nairobi

Thursday, November 16th, 2017

Future Energy East Africa comes to Nairobi

Huge potential, unlimited opportunities, this is how energy experts in the region describe the East African power sector. A required investment of approximately $93 billion per annum needed to address East Africa’s power and infrastructure needs opens...

Fight against hydrocarbons industry corruption loses important ally

Tuesday, November 14th, 2017

Fight against hydrocarbons industry corruption loses important ally

November started with a loss for the United States, and by extension Africa, in the war against corruption. The announcement was unsurprising, but it is a landmark loss nonetheless. The United States of America has withdrawn from...

DRC offers opportunities in energy and infrastructure sectors

Wednesday, November 8th, 2017

DRC offers opportunities in energy and infrastructure sectors

Robert Mavema, Provincial Minister of Planning, Public Works and Infrastructure in Kinshasa, urged South African businesspeople to take advantage of the opportunities presented in the energy, infrastructure and agriculture sectors in the province. Mavema said this while sharing...

Africa’s oil and gas industry needs to harness innovation

Wednesday, November 1st, 2017

Africa’s oil and gas industry needs to harness innovation

The oil & gas industry in Africa continues to face market challenges arising from the low oil price, competition for revenue growth and local talent together with new expectations from investors and regulators. “Africa’s oil & gas...

South African Government to appoint new Eskom Board

Wednesday, October 25th, 2017

South African Government to appoint new Eskom Board

The South African Government will appoint a new board for power utility Eskom, Finance Minister Malusi Gigaba announced during the tabling of the Medium Term Budget Policy Statement (#MTBPS) in Parliament, Cape Town. Gigaba says the new board...

Kosmos Energy enters Equatorial Guinea Oil and Gas sector

Tuesday, October 24th, 2017

Kosmos Energy enters Equatorial Guinea Oil and Gas sector

The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio...

Colleen Makhubela – How to grow South Africa’s oil and gas sector

Monday, October 23rd, 2017

Colleen Makhubela – How to grow South Africa’s oil and gas sector

There has been a notable rise in female entrepreneurs in South Africa even with the many obstacles they know they need to overcome. This is telling of the untapped ambition in the market against the rise in...

GE Africa CEO wins Princeton in Africa Award

Tuesday, October 17th, 2017

GE Africa CEO wins Princeton in Africa Award

Jay Ireland, CEO and President of GE Africa was one of two to receive a Princeton in Africa award at the program’s annual gala awards which was held yesterday in New York. Princeton in Africa, founded in...

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