Africa’s two biggest economies likely emerged from recession in the second quarter but strong growth won’t show up until business confidence is restored, a Reuters poll suggested on Friday.
Expanding vehicle parc widens revenue opportunities for automotive lubricants manufacturers, finds Frost & Sullivan’s Visionary Science Team.
Expanding vehicle parc widens revenue opportunities for automotive lubricants manufacturers, finds Frost and Sullivan's Visionary Science Team.
Sterling and Wilson, a leading global solar EPC with around 1,000MW of installed solar PV capacity on ground, has commissioned its 90 MWp solar photovoltaic power plant in South Africa. The solar power plant commissioned by S&W has been set up for Solar Capital De Aar (Pty.) Ltd close to De Aar in the Northern Cape region of South Africa.
A question Nigerians often raise in discussions about SA and its West African counterpart is why there are not more Nigerian companies investing here.
Frank Appel, Chief Executive Officer of Deutsche Post DHL Group, visited South Africa and Nigeria this week. The visit demonstrated the overall importance of emerging markets in the Group’s Strategy 2020: Focus.Connect.Grow., and in specific the encouraging development of Sub-Saharan Africa. During his stay in South Africa and Nigeria, Frank Appel met with employees and customers, and visited several logistics facilities.
Overall activity in the oil and gas industry across the African continent has slowed in the wake of the declining oil price in late 2014.
Global travel management company Wings Travel Management has issued a travel warning for all travelers to Nigeria, prompted by the current fuel shortage crisis. While it has been reported that fuel producers and the Nigerian government have come to an agreement, and that fuel is in the beginning stages of distribution, Sonja Hamman, Director, Strategic Client Management – Oil & Gas for Wings Travel Management states that business travel arrangements may be impacted for the coming week.
Samsung Electronics is set to boost economic activities in Africa – and specifically Nigeria – by establishing manufacturing plants on the continent to support the push for digital economy. This is according to top executives from the company in charge of its African operations.