Investing in South Africa

Facebook opens offices in South Africa

In a first for the continent, Facebook has opened an office in Johannesburg. The social networking platform is already a central part of people's lives in Africa, it says. And with more than a billion people in Africa, "we want to do more to help people and businesses connect".

 nunu ntshingila njeke, facebook, head of africa

West Coast One helps to power South Africa

The 94 megawatt wind farm north of Cape Town, West Coast One, is up and running. Costing R2.2-billion, it will offset an estimated 5.6 million tons of carbon dioxide over the next 20 years. The project is a partnership between Engie, Investec and Kagiso Tiso Holdings.


Irish group lands South Africa wind farm

Two wind farms, with a generating capacity of 250 megawatts and representing an investment of R5.9-billion, will be built by the Irish company, Mainstream Renewable Power. The wind farms are in the Nama Khoi municipality in Northern Cape and in the Cape Winelands district.


Sunbird to supply Eskom with Ibhubesi gas

Sunbird Energy, an Australian listed energy company, has signed a 15-year gas sales term sheet which will see it supplying gas to Eskom. South Africa's national energy utility plans to use gas rather than costly diesel to power its generators.


IBM invests R700m in SA research lab

IBM plans to expand its global research network into South Africa by establishing a research lab in Tshimologong Precinct in Braamfontein. The lab will focus on advancing big data, cloud computing and mobile technologies.

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