Search for:
DRC seeks joint Chinese-Spanish offer to build dam

The Democratic Republic of Congo said on Tuesday, 13 June, it has asked Chinese and Spanish bidders of a colossal dam project to join forces and submit a joint bid

15 Jun 2017

#AUW2017: Innovative water management in Africa requires collaboration

Uganda's Minister of Water and Environment Sam Cheptoris kicked off proceedings in the Water track on the first day of this year's African Utility Week

By Sindy Peters 17 May 2017

Rags, not riches, defining Africa's urban explosion

Anarchic architecture, unchecked pollution and high costs of living are the lot of African city dwellers, experts warn, as living standards fail to keep pace with rapid urban growth on the continent

24 Mar 2017

PPC partners DRC stakeholders to empower local communities

PPC Barnet has initiated a new technical training centre and a local farming project in the DRC with the aim of boosting employment and community economies in nearby villages surrounding the cement plant

10 Mar 2017

Virunga Foundation, Aera Group launch carbon certification process in DRC

Virunga National Park and finance group Aera have launched a VCS carbon certification process for Matebe hydropower plant in the Democratic Republic of Congo

30 Jan 2017

Big business opportunities ahead for Africa - McKinsey

Africa's overall growth has slowed but new research shows long-term fundamentals are strong and there are big business opportunities ahead

16 Sep 2016

Cement sector in DRC continues to expand

The Democratic Republic of Congo (DRC) recorded growth of 9.5% in 2014, above the African average of 6%. In March 2015 Congolese Prime Minister, Augustine Matata Ponyo, adopted a bullish tone when he predicted double digit growth for 2015

By Darryll Kilian and Natasha Anamuthoo 1 Jul 2015

Africa must look for partnerships

Africa needs to form partnerships with the developed nations in order to realise the continent's goal to industrialise, International Relations and Cooperation Minister Maite Nkoana-Mashabane said .

By Chris Bathembu 5 Aug 2014

PPC looks to seal big Africa deals

PPC's chief executive, Ketso Gordhan says the group is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018.

By Nick Hedley 25 Feb 2014

WBHO's earnings drop 20.2% to 581.5c

Construction company Wilson Bayly Holmes Ovcon (WBHO) reported a 20.2% decline in diluted headline earnings per share (HEPS) from 729.0c a year ago to 581.5c for the six months to December .

25 Feb 2014

PPC prepares to enter Algerian cement market

PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement.

11 Feb 2014

Zuma calls for increased trade between SA, DRC

President Jacob Zuma says South Africa and the Democratic Republic of Congo (DRC) must explore ways to stimulate trade and investment between the two countries.

31 Oct 2013

AngloGold's Kibali starts early‚ within budget

AngloGold Ashanti said on Wednesday (25 September) that the Kibali Gold Mine‚ a joint venture with Randgold Resources‚ has successfully delivered its first gold early and within budget.

26 Sep 2013

Countries are barriers to infrastructure projects

The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).

18 Jul 2013

Steel market doldrums hurt BSI

BSI Steel's headline earnings per share plummeted 51% in the year ended March 31 amid declining steel consumption in the South African market.

By Mark Allix 18 Jun 2013

Africa must make better use of resources

Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).

By Mariam Isa 28 May 2013

Hilton plans to boost African presence

Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten.

16 May 2013

AngloGold's focus on cutting costs

AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May).

By Allan Seccombe 14 May 2013

Transnet on the hunt for foreign contracts

Transnet Engineering (TE), a unit of the state-owned freight and logistics company, is exploring new narrow-gauge markets in Latin America, South-east Asia and Australia in a bid to meet its growth targets, according to strategy and marketing general manager Thoba Majoka.

By Nicky Smith 6 May 2013

IMF forecasts "solid growth" for Africa

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).

17 Apr 2013

Show more