Africa Oil & Power has signed a strategic partnership with the Africa Energy Chamber to combine their extensive business networks to facilitate transactions and encourage investment in the oil, gas and power spaces. The cooperation will apply to all of Africa Oil & Power’s regional and country investment conferences and will extend to new events on the continent and beyond.
The United Arab Emirates (UAE) has pledged to invest $10bn in South Africa’s economy, including the tourism and mining sectors, the South African presidency said on Saturday.
Saudi Arabia committed a similar sum with a focus on energy during a Middle East visit by South African President Cyril Ramaphosa, who has set an ambitious target of attracting $100bn in investment to kick-start an ailing economy.
Drone technology can help farmers reduce their reliance on chemicals to control pests on their crops by up to 30percent, resulting in less stressed plants and a healthier harvest, according to Jean Kuiper, the owner of Rosenhof Organic Farm in Elgin, 70km south-east of Cape Town.