africa news

Exxaro and Tronox tie up titanium deal

Tronox Incorporated and Exxaro Resources Limited today announced a definitive agreement under which Tronox will acquire Exxaro's mineral sands operations in exchange for a 38.5

Exxaro and Tronox tie up titanium deal

ABB to construct solar plants for Eskom

Swiss power and technology group ABB has announced it is to construct two solar photovoltaic (PV) power plants for Eskom, South Africa’s national electricity provider.
ABB to construct solar plants for Eskom

Altech to acquire SetOne

South Africa’s Allied Technologies (Altech) has announced its acquisition of Germany’s SetOne, a provider of DVB-based products and solutions in the German-speaking region of Eu
Altech to acquire SetOne

Rio Tinto to sell Palabora stake

Mining giant Rio Tinto has announced its intention to sell its shareholding in South Africa’s Palabora Mining.
Rio Tinto to sell Palabora stake

Tullow's Uganda deal nears completion

Tullow Oil has announced that a long-awaited deal in Uganda is to be completed next month.
Tullow's Uganda deal nears completion

Puntland exploration takes a step forward

Africa Oil Corp has signed a contract with Sakson Drilling and Oil Services to provide a rig to drill the first exploration wells in Puntland, Somalia, for more than 20 years.
Puntland exploration takes a step forward

Valiant makes further investment into Trilith

Valiant Investments has announced that it has invested a further US$50,000 into Trilith Resources.
Valiant makes further investment into Trilith

Lonrho clinches Walmart deal

The South African seafood division of Lonrho has signed a deal to supply the US retailing giant Walmart.
Lonrho clinches Walmart deal

Equatorial buys stake in African Iron

Australia’s Equatorial Resources Limited has acquired a 19.9 per cent interest in African Iron Limited, it has been announced.
Equatorial buys stake in African Iron

Rio Tinto succeeds with Riversdale offer

International mining group Rio Tinto has now acquired 99.74 per cent of the shares of Riversdale Mining Limited after Tata Steel today allowed its 26.28 per cent stake into Rio

Rio Tinto succeeds with Riversdale offer

Tailings dam a goldmine for Pan African

Gold mining company Pan African Resources has reported “encouraging” results from its drilling programme at a tailings dam at Barberton Mines in South Africa.
Tailings dam a goldmine for Pan African

Diageo buys stake in Kenya Breweries

UK-based drinks giant Diageo has agreed to purchase a 20 per cent share in Kenya Breweries Limited (KBL) from SABMiller, through its subsidiary East African Breweries Limited (E
Diageo buys stake in Kenya Breweries

Another deal for Tullow

Tullow Oil has announced its second acquisition in the space of seven days—this time purchasing the interests of EO Group, which include those offshore Ghana.
Another deal for Tullow

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