[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.08.05 16:36
• [Saudi Aramco completes bidding for multiple offshore oil and gas EPCI projects]
• Saudi Aramco is advancing the construction of offshore oil and gas production capacity. The bidding documents for five offshore EPCI projects will be submitted on August 1, 2026, involving six major offshore oil and gas fields. The bidding has been delayed multiple times. The project covers the construction of pipeline racks, production deck modules, and the improvement of offshore production facilities. Saudi Aramco's recent offshore capital investment has continued to rise, having previously awarded multiple large contracts. CNOOC Engineering has won the relevant CRPO contract in April 2026, and the Saudi market continues to release opportunities for global engineering companies.Editor/Gong Ziwei

• 2026.08.05 16:32
• [Sinoma International signs $476 million cement equipment contract with Nigeria]
• Recently, Sinoma International signed a $476 million equipment supply contract with Dangote Industries in Nigeria to provide core equipment, materials, and a 12-month warranty for two new clinker production lines at Itoli Cement Plant. The production line can produce 6000 tons of clinker per day, and it is planned to produce clinker within 24 months after equipment debugging. The project aligns with Dangote's development vision and will help expand local cement production capacity and increase exports, continuing the cooperation between the two parties and demonstrating the strength of Chinese enterprises' deep participation in African infrastructure.Editor/Gong Ziwei