Latest News for: Africa leasing


Africa’s Air Namibia Suspends Flights & Enters Liquidation

Simple Flying 11 Feb 2021
Last night, African airline Air Namibia revealed that it would be suspending operations, effective today ... The airline posted the announcement to its Twitter feed ... Photo ... The airline began jet operations in 1989, leasing a Boeing 737-200 from SAA ... The airline was even operating Boeing 747s leased from South Africa Airways while owning its own 747 Combi.

Amarinth, RentCo Africa strategic alliance to provide and finance pump equipment for projects across Africa

Hydrocarbon Engineering 03 Feb 2021
RentCo Africa, an independent leasing company with headquarters in Nairobi, Kenya, provides structured financing solutions through operating leasing and working capital solutions to both the private and public sectors in Africa ... Itai Choto (pictured), Amarinth Sales Manager for the Africa Territory, commented.

Africa seeking data centre construction expertise

Irish Independent 31 Jan 2021
A growing market with vast potential is seeing increased activity from those firms in sub-Saharan Africa ... Chinese telecommunications giant Huawei has also started offering its cloud services in South Africa and is leasing a data centre in Johannesburg from a partner pending the development of two data centres of its own.

The Latest: Los Angeles mayor receives COVID-19 vaccine

Caledonian Record 28 Jan 2021
reports first case of South Africa virus variant found in South Carolina ... — A new coronavirus variant identified in South Africa has been found in the United States for the first time ... Researchers predicted it was only a matter of time before the variant identified in South Africa reached the United States as well ... and South Africa.

LOOK: Eloise brings new lease on life for Lowveld Botanical Gardens

Independent online (SA) 26 Jan 2021
TROPICAL storm Eloise might have left behind a trail of devastation in Mozambique, Zimbabwe and parts of South Africa but it has brought a new lease on life to the Lowveld National Botanical Gardens in Mbombela. The waterfall at the Lowveld National Botanical Gardens has risen for the first time in more than a decade ... IOL .

Kennedy Lewis Investment Management and Arena Aviation Capital Launch Aircraft Leasing Partnership, KLA Aviation Finance

The Saratogian 14 Jan 2021
The platform, named KLA Aviation Finance ("KLA"), will seek to acquire modern technology commercial aircraft assets leased to airlines globally, with a primary focus initially on young and new narrow-body aircraft ... Arena today manages 52 aircraft leased to 23 airline customers in Europe, North America, Africa and Asia.

San Diego neighborhood residents protest new church

The Oneida Daily Dispatch 20 Dec 2020
Opponents hope the city council will reject the proposal when it comes before them next year.- Advertisement - ... Since then, the nondenominational Christian ministry has grown into a 1,000-member congregation and it has "planted" churches in Mexico, South Africa and Southeast Asia. Its current leased space in City Heights seats less than 300 people.

Maersk selects Agility warehouses

Gulf Daily News 10 Dec 2020
Thomas Theeuwes, Maersk Central West Africa Managing Director, said. “Maersk has a strong presence in the West Africa market, and we are continuously reviewing our value proposition to ensure we offer competitive end-to-end solutions ... Geoffrey White, CEO Agility Africa, said.

Global Oil and Gas Bid Round Outlook, H2 2020 - Nearly Half of Expected Licensing ...

Daily Freeman 01 Dec 2020
NEW YORK, Dec. 1, 2020 /PRNewswire/ --. Read the full report.. Summary ... Africa is hosting the largest volume of licensing rounds in the quarter.Asia closely follows Africa with five rounds being held in H2 2020. The Lease Sale 256 round, being hosted by the US offers the largest volume of acreage set to close in H2 2020. Scope ... Reasons to Buy ... About ... US.

India, Lanka and Maldives agree to bolster maritime security cooperation

Yahoo Daily News 28 Nov 2020
Read full article. 28 November 2020, 1.03 pm·4-min read ... Sri Lanka hosted the fourth National Security Adviser-level trilateral meeting on maritime security cooperation with India and the Maldives ... It has already acquired the Hambantota port in Sri Lanka on long lease and established a military base in Djibouti in the Horn of Africa ... TRENDING ... .

SA retailers bank on home market at just the wrong time

Business Day 17 Nov 2020
And in first-quarter results on Monday it reported its rest of Africa sales fell by 8.4%. Shoprite announced its exit from Kenya in September after failing to secure the leases needed to fulfil its strategy there. “We took the decision to cut our losses,” Shoprite CEO Pieter Engelbrecht said.

Consumer Watch: No money in STA Travel’s kitty, say liquidators

Independent online (SA) 16 Nov 2020
They are also hoping to terminate leases and rentals immediately to prevent further costs accruing for STA’s 22 premises in South Africa ... On August 24, STA Travel South Africa issued a brief statement on its website and Facebook page, which read.

Airtel Africa plans tower sales to reduce $3.5 billion debt

Independent online (SA) 06 Nov 2020
INTERNATIONAL - Airtel Africa plans to sell about 4,500 telecommunication towers across five countries including Tanzania and Madagascar to help reduce $3.5 billion (R54.97 trillion) of debt and prepare for looming bond repayments ... Airtel Africa plans to lease back the towers from the buyers, Mandava said.