PPPs are important to build quality infrastructure rapidly – Mavuso
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developer
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March 25, 2024
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Infrastructure
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Public-private partnerships (PPPs) are an important mechanism to bring together the strengths of government and business, including the technical and management capabilities of the private sector and the risk-bearing capability of the public sector, to ensure infrastructure is built fast, at a high quality and then managed well. There has been growth in public confidence that partnerships between business and …
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Draft IRP 2023 falls short in every aspect, says Just Share
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developer
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March 25, 2024
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Infrastructure
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As government considers the public comments made on the draft Integrated Resource Plan (IRP) 2023 up to March 23, shareholder activism organisation Just Share has called for a remodel of the policy, with “updated data and correct assumptions”. The organisation says the draft IRP does not comply with a single one of the aims of an IRP. Read More Engineering …
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Venture capital investments decline amid sociopolitical, economic uncertainties
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developer
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March 25, 2024
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Infrastructure
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Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest ‘Venture Capital in Africa Report’, that 2023 was a year of significant sociopolitical and economic upheaval, which led to a “global funding winter” that saw investors prioritise safer assets rather than venture capital investments. Avca notes that the global venture capital ecosystem has been …
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Unitrans upgraded centre of excellence to enhance African clients’ supply chains
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developer
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March 25, 2024
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Infrastructure
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Logistics and supply chain company Unitrans has launched its upgraded centre of excellence (COE) to drive improvements in operating cost efficiencies and safety for drivers and vehicles, which are primary considerations for any logistics or freight company. “This state-of-the-art facility will drive value creation and operational excellence for our clients across Africa,” says Unitrans Solutions executive Jacques Greeff. Read More Engineering News …
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MTN rides out difficult operating environments
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developer
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March 25, 2024
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Infrastructure
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Telecommunications giant MTN Group unpacked a resilient set of 2023 financial results, despite elevated inflation in several key markets averaging a blended 16.7%, forex volatility and ongoing political tensions in some markets, and a sharp devaluation of the naira in Nigeria. During the year ended December 31, 2023, MTN Group’s earnings before interest, tax, depreciation and amortisation (Ebitda), before one-off …
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Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
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developer
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March 24, 2024
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Infrastructure
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Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become greener as it keeps innovation closest to its rapidly internationalising heart. Read More Engineering News | Home
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$10-billion Namibian green hydrogen project receives major German boost
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developer
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March 23, 2024
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Infrastructure
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Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German government presenting a letter of intent to Enertrag, confirming the suitability of the project to be designated as a strategic foreign project. Read More Engineering News | Home
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Companies unveil Kelvin power station carbon capture pilot project
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developer
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March 22, 2024
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Infrastructure
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The 600 MW coal-fired Kelvin power station, in Isando, Ekurhuleni, has installed a 300 m3/h flue gas emissions capturing pilot project, which removes carbon dioxide (CO₂), nitrogen oxides and sulphur oxides to make sulphuric acid, ammonium sulphate and ammonium bicarbonate (ABC) crystals. These are industrial products, which can be used as industry inputs and to make fertiliser. Specialist industrial and …
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UNDP Weather Kids report on future weather to galvanise action on climate change
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developer
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March 22, 2024
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Infrastructure
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The United Nations Development Programme (UNDP) on March 21 launched its Weather Kids campaign globally, which sees child weather anchors emulate current weather reports but report on disruptive weather patterns in the year 2050. The campaign serves as a warning from future generations about the adverse impact of changing weather patterns across the globe, the organisation said. Read More Engineering …
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Jordi Vila appointed Nissan Africa president
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March 22, 2024
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Infrastructure
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Automotive manufacturer Nissan has appointed Jordi Vila as Nissan Africa president. He currently serves as Nissan Europe sales and marketing divisional VP. Vila will succeed Nissan Africa president and India sales and marketing divisional VP Joni Paiva, who will return to the automotive manufacturer Renault group, Nissan said in a statement on March 22. Read More Engineering News | Home
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