Wednesday, October 27, 2021

Teraco concludes R2.5 billion funding round for data centre construction

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Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced a new R2.5 billion loan financing transaction. This...

How Ghana’s Cofundie is crowdfunding the construction of affordable housing

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Ghanaian startup Cofundie has developed a platform for crowdsourcing funds for developing affordable housing using alternative materials and techniques, allowing crowdfunders to share in...

Steel manufacturers seek new deal on electricity charges as prices soar over European competition

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UK steel manufacturers have paid 25 per cent more for their electricity than European competitors over the past five years, industry officials have revealed.The...

Singapore is building a 42,000-home eco ‘smart’ city

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In a country where over 80% of residents live in public housing, a government commitment to sustainable urban design could have huge implications. And when it's...

Sudden spike in steel demand keeps ArcelorMittal’s Vaal shop open

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A surprise uptick in steel demand, after months of a lull in activity, prompted ArcelorMittal to continue running its Vereeniging operations, which were scheduled...

A Cold January for Indian steel exports

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Indian steel exporters are experiencing a quiet first month of the New Year. No big deals have happened so far into January, 2021 and...

Egyptian Iron and Steel Company’s employees protest against company’s liquidation

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The Iron and Steel Company’s employees on Sunday organized a protest in front of the company’s headquarters against its decision to liquidate and demanded...

Nairobi concrete jungle turning city into oven

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Whichever side of Nairobi you are living in, you must have realised nights in the city have become outrageously warm over the recent months...

Africa: Expanding power access is crucial to resisting pandemics

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Funding for developing solar power solutions in Africa must move up the global agenda if the continent is to be able to withstand current...

Kenya in race to meet Chinese loan deadline for repayment

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Kenyan Treasury officials are no doubt worried about what's going to happen next Thursday. The date marks the end of a five year repayment...

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‘Green steel’: the race to clean up one of the world’s dirtiest industries

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Skyscrapers and bridges, cars and cruise ships, guns and washing machines. All have one thing in common: steel.As a key input for engineering and...

Pricier steel can be costly for economy

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The Competition Commission has opened a suo motu probe into cartelisation by steel companies to set prices, which have been on the rise for...

Auto companies to hike prices again as steel rates soar

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CHENNAI: The increase in raw material costs is set to trigger a second round of price hikes in the auto industry with manufacturers indicating a...
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