Business

South African Business Delegation Off to Algeria for African Investment and Business Forum

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Algeria has been South Africa’s largest export trading partner in the North Africa region A delegation of over 80 South African business people has been invited to participate in the African Investment and Business Forum taking place in Algiers, Algeria from 3 to 5 December 2016. The forum will be attended by over 2000 delegates from different African countries. The …

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Advancing outward investments an important element of South Africa’s strategy towards industrialising Africa

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South Africa’s promotion and facilitation of outward investments is an important element that contributes in advancing industrialisation priorities for Africa. This was said by the Acting Chief Executive Officer of Trade Invest Africa, Ms Lerato Mataboge at the Africa Industrialisation Day celebration in Pretoria yesterday. “The good news for us is that the rest of Africa is very much part …

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247Solar signs agreement to commercialize in Southern Africa

Signing of the agreement between 247Solar and Stellenergy in South Africa

247Solar and South Africa’s Stellenergy (Pty) Ltd. have agreed to build South Africa’s first 247Solar PlantTM to be followed by widespread commercial deployment in southern Africa. The agreement is based on the growing awareness that 247Solar’s technology is designed to deliver electricity 24/7, i.e., every hour of the day, not just when the sun is shining, to many of the …

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Namibia comes out top of all African countries featured in Global Entrepreneurship Index

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The Ashish J Thakkar Global Entrepreneurship Index of 85 countries ranks Singapore as the best environment for entrepreneurs Of the African nations, Namibia scores highest and comes 42nd overall – ahead of other prominent African markets, such as Nigeria, Kenya and South Africa The research, conducted by Mara Foundation and Opinium Research, examines the state of entrepreneurship around the world …

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Joint interview event for Chinese enterprises in Africa launched in Tanzania

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A joint interview event named Chinese Enterprises in Africa is launched in Tanzania’s commercial capital Dar es Salaam on Monday, in a bid to shed light on the fruitful achievements in China-Africa cooperation. Organized by China’s State Council Information Office, the event will include more than 40 reporters from China and Africa. During the 7-day event from Nov. 28 to …

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SA participates in Africa Trade Week

Trade and Industry Minister Rob Davies

BY– SAnews.gov.za Pretoria – Trade and Industry Minister Rob Davies is in Addis Ababa, Ethiopia, where he is attending the Africa Trade Week. The new Pan-African platform for advancing intra-Africa trade dialogue is aimed at providing a comprehensive, integrated and inclusive platform for policy dialogue. In a statement on Monday, the Department of Trade and Industry said the Minister will …

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ECA and partners commit to IFF fight as workshop ends in Nairobi

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Participants agreed that the work to fight IFFs from the continent must be driven by Africans and in line with findings of the High Level Panel and the work of the Consortium and its programme over the next five years should be driven by African priorities The two-day workshop aimed at Stakeholders working to confront the challenge of stemming illicit …

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AfDB board approves €50m Boost Africa Investment Program across Africa

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The Board of Directors of the African Development Bank approved on Wednesday, November 16 a €50-million package of investments in various angel, venture, seed, accelerator and incubator funds with the aim of funding innovative start-ups and early stage small businesses across Africa. The Boost Africa Investment Program seeks to invest in truly innovative businesses, mostly operated by youth (18-35 years) …

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GE’s Steam Power Systems Wins Global IPMA Project Excellence Gold Award for work done on Medupi

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Once completed in 2020, Medupi Power Plant will generate enough power to the grid to meet the electricity needs of 3.5 million households in South Africa. Award recognizes strong project execution on Eskom’s Medupi. Medupi is a 6×794 MW power plant under construction that will cover the energy needs of approximately 3.5 million households. Unit 6 achieved commercial operation on …

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New Online Ecosystem “Afrinection” Connects African Entrepreneurs, Job Seekers & Professionals with Employers, Investors & Partners

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Afrinection is the go-to resource for African entrepreneurs, job seekers, and professionals to connect with prospective investors, employers, and other African professionals across the globe. The new online ecosystem also provides visibility for African-owned businesses to reach a global consumer base The spotlight and stage for Africa’s skilled, dynamic and multi-faceted talent force is now bigger and brighter than ever …

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