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The continent's most dynamic and future-focused cities are highlighted in Into Africa - the Continent's Cities of Opportunity. The top five are Johannesburg, Cairo, Tunis, Algiers and Casablanca - they "demonstrate the strengths and weaknesses of Africa's urban future".
Multinational power and automation technology group ABB has won a US$23-million order from Eskom to provide a plant solution for the Ingula Pumped Storage Scheme, currently under construction on the border of the Free State and KwaZulu-Natal provinces.
South Africa-born multinational SABMiller, the world’s second-largest brewery, is to tap into an African market worth over US$3-billion by opening four new brewing plants in Mozambique, Tanzania, Sudan and Angola.
The government and multinational technology firm IBM have launched the Blue Gene for Africa initiative. Based in Cape Town, the Blue Gene/P will be the most powerful supercomputer on the continent, helping with projects ranging from environmental simulations to complex systems modelling.
Multinational ICT company Cisco Systems is to invest R215-million in the Cisco Innovation Hub Technology Centre in Pretoria. The centre will foster skills, intellectual property, entrepreneurship and solution development capabilities in South Africa's ICT sector.
Swiss luxury goods firm Richemont and local investment company Remgro are to dispose of the majority of their holdings in British American Tobacco, which will see the multinational tobacco giant listing on the JSE. With a market capitalisation of around R560-billion, it will be among the three largest companies on South Africa's exchange.