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South Africa's Transnet secures $231m loan to fund Bombardier locomotives

2015-06-26 01:00:00| Railway Technology

South African freight transport firm Transnet has signed a R2.8bn ($231m) loan with Germany's KfW Development Bank to fund the purchase of 240 electric locomotives, which are part of the company's 1,064 locomotives acquisition programme.

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Africas moment to lead on climate

2015-06-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Climate change is the greatest threat facing humanity today. To avoid catastrophe, we must dramatically reduce the carbon intensity of our modern energy systems, which have set us on a collision course with our planetary boundaries. This is the challenge leading up to three key international events this year: a July summit on financing for new global development goals, another in September to settle on those goals and -- crucially -- a global meeting in December to frame an agreement, and set meaningful...

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Malawi: Africa's Richest Man Aliko Dangote Sets Business Sight On Malawi

2015-06-11 08:21:45| Sugar Industry News

Lilongwe Africa's riches man, Aliko Dangote who is worth an estimated $15.7billion , is expected in Malawi as a prelude to prospective investment in the country.

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COMMENT: Will a stable AGOA help Africa's apparel industry?

2015-06-02 11:52:00| Daily apparel & textile news and comment - from just-style.com

Re-energising US apparel imports from Africa has been among the recent concerns of US brands and retailers. But Mike Flanagan wonders if they're missing the real problem: finding alternative apparel sources - in Africa or anywhere else - is a lot tougher than it looks.

Tags: comment industry apparel stable

 

Climate change boosts rain in Africa's Sahel region: study

2015-06-01 18:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Rising greenhouse gases have boosted rainfall in the Sahel region of Africa, easing droughts that killed 100,000 people in the 1970s and 1980s, in a rare positive effect of climate change, a study said on Monday. The report adds to debate about the causes of a greening of the Sahel region, south of the Sahara Desert from Senegal to Sudan. It said a continued rise in greenhouse gas emissions was likely to help more rainfall in the region in future. "Amounts of rainfall have recovered substantially,"...

Tags: change region study rain

 

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