Key equipment supplier, TAKRAF Africa, part of the global Tenova TAKRAF group, is handing over a complete woodchip conveying package as part of an expansion to a specialized cellulose production facility in South Africa. The facility produces Elemental Chlorine Free (ECF) dissolving wood pulp, mostly
South Africa’s mining industry is struggling amid falling commodity prices, legislative uncertainty, union unrest and energy insecurity; yet the industry is hopeful the newly elected president, Cyril Ramaphosa, a former mining company director and union leader, will save the day. But can he deliver? Heidi
The World Bank responded to strong demand from the Middle East and North Africa Region (MENA) during the financial year that ended on 30 June 2019, with $5.47 billion in new commitments to invest in people, expand the private sector, and set a course for
Cabinda Shipping Services (CABSHIP) announced on Wednesday that it had signed a Heads of Agreement with South Korean companies DSHI and DB Group. Under the agreement, the companies will work together to obtain contracts and perform on and offshore EPCI projects, in an effort to boost
Commodities were on mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13 per cent as of June 30, one of the best first six months in recent memory. It was not without its challenges, though. In a repeat
Uganda, Africa’s top coffee exporter, plans to introduce a new law to regulate farming of the bean in a drive to boost quality and output for the nation’s main commodity export. The new legislation will replace a 1991 law that only covers post-farm activities such
Mastercard has announced the signing of two public-private partnerships that will extend the reach of the Mastercard Farmers Network (MFN) to millions of smallholder farmers in Africa. Under this partnership, key partners, the International Center for Tropical Agriculture (CIAT) and the United States African Development Foundation
The government stands to lose over Sh5 billion for the 1.7 million bags of maize it released to millers at a low cost under a subsidy programme to cushion consumers from high flour prices. The Strategic Grains Reserve (SGR) now wants a Cabinet approval of
President Muhammadu Buhari initially refused to sign the agreement but is now calling on the continent’s nations to band together to attract investment, grow local manufacturing and combat smuggling. Nigeria officially joined the African Continental Free Trade Area (AfCFTA) as President Muhammadu Buhari signed the
‘The eyes of the world are turned to Africa,’ Egyptian President and African Union Chairperson Abdel Fattah Al-Sisi said on Sunday at the 12th Extraordinary Summit of the African Union in Niamey, Niger. The summit witnessed the launch of African Continental Free Trade Area (AfCFTA)