Join for Free

World Business News

South Africa unveils first locomotive to be manufactured in Africa

Attention: open in a new window. PDFPrintE-mail

Transnet which is South Africa’s rail company recently unveiled the first locomotive to be designed, engineered and manufactured in Africa, the Trans-Africa locomotive.

Transnet Chief Executive Officer, Siyabonga Gama confirmed the news and said that the new locomotive, which will be assembled at the company’s production facility in Koedoespoort, east of Pretoria, symbolized a crucial and vital step in its strategy of becoming a leading manufacturer and supplier of rolling stock in Africa.

Readmore..... Thursday, 06 April 2017 12:24
 
   

Century Power plans to construct 495MW power plant in Nigeria

Attention: open in a new window. PDFPrintE-mail

In West Africa, a Nigerian-based power generation company, Century Power has announced that it plans to construct a power plant in Nigeria that will produce 1,500MW of electricity, which will be fed into the nation’s power grid.

According to Media, the plant will be constructed in three stages at the Century Power Generation Plant in Okija, Anambra State, starting with 495MW, which is estimated to be finished in 2020.

Presently, the company’s managing director, Dr. Chukwueloka Umeh, contributed in a panel discussion held in the US, where he raised some of challenge facing the power sector in Nigeria.

Readmore..... Saturday, 01 April 2017 05:08
 
   

Ethiopia is 5th leading investor in Renewable energy in Africa

Attention: open in a new window. PDFPrintE-mail

Ethiopia is the 5th major investor in renewable energy in Africa at US $ 100 million, according to the Renewable, Global Status Report, according to Capital. South Africa leads in renewable energy investment followed by Morocco, the second major renewable energy investor at US$ 2 billion.

Readmore..... Wednesday, 01 February 2017 11:46
 
   

Ugandan contractors to play a role in construction of Standard Gauge Railway

Attention: open in a new window. PDFPrintE-mail

Uganda contractors have a reason to smile after the minister of Works and Transport Monica Azuba announced that they will be participating in the proposed Standard Gauge Railway (SGR) project.

According to Azuba she expects all the local content strategy to be used so that they can create more opportunities for them.

Readmore..... Friday, 27 January 2017 11:21
 
   

Page 1 of 217




    Follow Us On      Check PageRank