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Week commencing 14 May 2018
The National Organisation for Military Production and Chinese green energy supplier GCL have signed an agreement, for an undisclosed amount, for the establishment of an industrial complex for the annual production of solar panels with a 5GW capacity. The deal also aims to benefit Egypt’s military production companies who will receive training from their Chinese counterparts to enable them to operate and maintain the factories, while also acquiring research and development skills.
Egypt Today 9 May
The National Organisation for Military Production (NOMP) has signed a memorandum of understanding with China’s Poly International for a joint venture to establish a tyre manufacturing company for an undisclosed amount. Through the agreement, NOMP seeks to benefit from the Chinese company’s in-house expertise and technology in manufacturing.
Egypt Today 8 May
Zimbabwe and India have signed a memorandum of understanding for a $2,92m grant for the supply of machinery for small and medium enterprises (SMEs) under the Indo-Zimbabwe project, which was established in 2006 to support the development of SMEs. Since the project’s establishment, the need to upgrade the technology used by SMEs under the project became apparent.
The Herald Zimbabwe 10 May
Toshiba Energy Systems & Solutions and lease financing company RentCo East Africa have signed a general cooperation agreement to expand sales channels and orders of wellhead geothermal power generation systems in Kenya and sub-Saharan Africa. The partnership will enable RentCo to expand its new energy leasing business through the supply of Toshiba’s Geoportable product, a wellhead geothermal power generation system with 1 MW to 10 MW output capacities.
Engineering News 7 May
Rwanda has signed an agreement with engineering solutions firm Swift-X to build capacity and explore uses of drone technology. The agreement, among other aspects, stipulates areas of cooperation between the state and Swift-X for further development of drone technology to enhance its socioeconomic impact. This partnership will cover drone usage in multiple aspects of the economy including agriculture and health.
New Times 11 May
Multinational oil and gas corporation ExxonMobil is set to invest $43m in three community projects in Akwa Ibom State over the next 18 months. The projects will include a trauma centre at the University of Uyo Teaching Hospital, an engineering complex at the University of Uyo and a technical skills centre for the oil & gas sector.
Vanguard 9 May