Africa

UK-based Pan African Resources has been awarded a mining licence on its Manica exploration project in Mozambique.

The mining licence, converted from a prospecting licence, gives Pan African—an African-focused gold mining company—the ability to move the project forward to development stage.

The Manica licence area is situated in central Mozambique, approximately four kilometres north of Manica, which lies about 270 kilometres inland from the port city of Beira.

Oil and gas major Royal Dutch Shell may spend up to R1.4 billion (approx. €145 million) on exploration in the Karoo region of South Africa, according to a report in Johannesburg’s I-Net Bridge.

Shell has asked the Petroleum Agency of South Africa for permission to explore around 90,000 square kilometres predominantly in the western area of the Karoo Basin.

Fanie Pretorius, chair person of the South African Shippers Council, tells Jane Bordenave how the organisation works to benefit its members and how broad collaboration can bring success.

As discovery succeeds discovery, the Gulf of Guinea is shooting up the ranks of global oil and gas producing regions—and servicing its demands is Luba Freeport, the new Jebel Ali.

It was in 1999 that the government of Equatorial Guinea realised that the port of Malabo would never be able to cope with the demands of an oil industry. But the island of Bioko is perfectly placed, not 50 miles from the coast of Cameroon and nestling between the Bight of Biafra and the Gulf of Guinea.

2011 is poised to be a stellar year for Ukuvula Automotive Investment Holdings. Executive director of the automotive division Achmat Mohamed brings Jayne Alverca up to speed with the latest developments.

Dutch construction company Remco Afrique has announced plans to continue its expansion into new markets in Africa.

The Best, Netherlands-based company, which specialises in building industrial premises, is taking advantage of the growing demand throughout Africa for new industrial buildings.

The company is currently constructing three industrial buildings in Gabon, with a total surface of 23,650 square metres.

China will loan nearly $700 million to Zimbabwe in a deal that will provide a major boost to the struggling southern African nation.

The loans awarded by China’s Export-Import Bank include $342 million for agricultural equipment and machinery, $99.5 million for health equipment and supplies, and $144 million for the renovation of Harare’s water and sewerage system.

China also provided $102 million to Zimbabwe’s government and two grants worth $14 million.

Zambia-based oil and gas exploration company Mafula Energy has attracted $60,000 of investment from London-based investment company Hot Rocks Investments.

Mafula is currently focused on establishing a portfolio of oil and gas exploration assets in Zambia. Nearby countries including Angola, Uganda, DRC and Tanzania have all made significant oil discoveries—thought to be due to their position within the oil-rich East Africa Rift System, from which Zambia could also benefit.

A service provider in the oil and gas sector, Century Energy Services Limited has carved a niche for its brand through quality service provision to the big players. Group CEO Ken Etete gives an insight into the business terrain during 2010, and the company’s plans for 2011.

As Just Refrigeration gears up to expand its marketplace across Africa and Australasia, general manager Chris Turner talks to Gay Sutton about setting the company on a firm corporate footing, and implementing strategies for quality, efficiency and innovation.