Category archives for: Investing

Satellite deal expands content across Africa


By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – SENTECH, a leading broadcasting signal distributor in Africa, has extended and expanded its relationship with Intelsat to bolster delivery of media services in sub-Saharan Africa. Intelsat is the operator of the world’s first Globalized Network, powered by its leading satellite backbone. Sentech has been leveraging Ku-band services from […]

Nigeria’s Dangote looks to increase cement exports

Dangote cement exports

OKORO CHINEDU LAGOS, (CAJ News) – NIGERIA has attained self-sufficiency in the production of cement and is now an exporter of the commodity. This has been attributed to the vast investments by the Dangote Cement Group Minister for Solid Minerals Development, Dr Kayode Fayemi, who led a team of the federal government to the Dangote […]

French funding aids Eskom’s investments in power grid


By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – ESKOM and the French Agency for Development have signed a R6 billion (€400 million) multi-tranche framework agreement to support Eskom investments in the extension and reinforcement of its power transmission grid. Eskom Chief Financial Officer, Anoj Singh, says the multi-tranche loan facility will contribute towards Eskom plans to […]

Markets anticipate further drop in Nigeria inflation


From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – ANALYSTS, buoyed by a rare reduction, have projected the Nigeria’s inflation rate to further drop in the short and long term. The forecasts follow the results the National Bureau of Statistics released earlier this week indicating the first decline in headline inflation for 13 months, […]

Winter Storm Stella grounds SAA flights to America

SAA Spokesperson, Tlali Tlali

By MTHULIS SIBANDA JOHANNESBURG, (CAJ News) – SOUTH African Airways (SAA) has cancelled its flights to North America as a result of the Winter Storm Stella. Affected flights are those to and from Washington, Dulles International Airport (Washington DC) operated via Accra, Kotoka International Airport, Ghana and to and from New York, John F. Kennedy […]

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