africa news

Ôé¼100 million renewable energy funding for South Africa

Investec has agreed with the European Investment Bank (EIB) to establish a €100 million renewable energy funding facility to promote clean energy generation and energy efficienc
Ôé¼100 million renewable energy funding for South Africa

Extract Resources receives Husab mining licence

Extract Resources has announced that Namibia’s Ministry of Mines and Energy has issued it with a mining licence for the Husab Uranium Project.
Extract Resources receives Husab mining licence

Wood GroupÔÇÖs new JV wins BP contract

Wood Group’s new Angola-based joint venture has been awarded a contract by BP, it has been announced.
Wood GroupÔÇÖs new JV wins BP contract

Wescoal to acquire Pegasus project

South Afrcia’s Wescoal is to acquire 51 per cent of the Pegasus project in Mpumalanga Province, it has been announced.
Wescoal to acquire Pegasus project

Bombardier to build new facility in Morocco

Bombardier Aerospace has signed a memorandum of understanding with the government of Morocco for the establishment of a manufacturing facility in the North African country.
Bombardier to build new facility in Morocco

Cargill signs cocoa agreement with C├┤te dÔÇÖIvoire

Cargill has signed a memorandum of understanding underlining its support for cocoa farmers and the cocoa sector in Côte d’Ivoire, West Africa.
Cargill signs cocoa agreement with C├┤te dÔÇÖIvoire

Village offers to acquire gold mine

Village Main Reef Limited has offered to acquire the Blyvooruitzicht gold mine from DRDGold for R150 million.
Village offers to acquire gold mine

Anglo American ups De Beers stake to 85 per cent

Mining giant Anglo American has agreed to acquire the Oppenheimer family’s 40 per cent interest in De Beers for US$5.1 billion, taking its own stake up to 85 per cent.
Anglo American ups De Beers stake to 85 per cent

Tullow signs deal with Mauritania

Tullow Oil has agreed new production sharing contract (PSC) arrangements with the government of Mauritania and its joint venture partners, allowing it to progress exploration in
Tullow signs deal with Mauritania

Steinhoff and KAP in R8.9 billion deal

South Africa’s Steinhoff International is to swap several of its industrial assets for a bigger stake in manufacturer KAP International in a deal worth R8.9 billion.
Steinhoff and KAP in R8.9 billion deal

Dragon to acquire Tunisian assets

Dubai-based Dragon Oil has announced the signing of a deal through which it will earn a 55 per cent interest in the Bargou Exploration Permit offshore Tunisia.
Dragon to acquire Tunisian assets

Lonmin sells Limpopo stake

Platinum producer Lonmin has agreed to sell a controlling stake in its Limpopo Baobab mining division to black empowerment group Shanduka.
Lonmin sells Limpopo stake

DHL opens new freight lanes to Africa

DHL Global Forwarding has established three new direct connections between Germany and the African continent.
DHL opens new freight lanes to Africa

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