Yokogawa and AlgaEnergy, a Spanish biotechnology company specialising in the production and commercial applications of microalgae, have announced the signing of a strategic partnership and equity participation agreement. The agreement involves an approximately €10 million investment by Yokogawa to acquire newly issued shares of AlgaEnergy.
Microalgae are a diverse group of unicellular photosynthetic organisms that can thrive in a wide variety of aquatic habitats, such as oceans, lakes and rivers. Their rapid rate of reproduction means they can be utilised effectively as a biological resource through applications in diverse sectors ranging from agriculture, food and animal feed, through to pharmaceuticals and sustainable biofuels. The entry of Yokogawa as a shareholder will enable AlgaEnergy to reinforce its position of international leadership, with the equity investment being used to fund projects that include international expansion.
Reinstatement opportunity for ECSA registration
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In 2023 the Engineering Council of South Africa (ECSA) announced a special opportunity for engineers in South Africa to reinstate their registration status if it had been cancelled. This exclusive offer is available until the end of August 2024.
Read more...From the editor's desk: Riding the hype cycle Technews Publishing (SA Instrumentation & Control)
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The other day I came across an entertaining article on the ten biggest tech failures of the last decade. Google Glass, 3D TV and Elon Musk’s hyperloop have faded into obscurity. Others, like the metaverse, ...
Read more...A strategic milestone for Conical Technologies Conical Technologies
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Conical Technologies has been appointed as the sole distributor in southern Africa for Mibbo, manufacturers of a vast array of products for the automation industry.
Read more...Tapping into the laboratory economy
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Africa’s fast-growing young population and enthusiastic adoption of digital technology could pave the way for the continent to fast-track science innovation and become a world leader in diagnostics, analysis and research. This is according to industry bodies, speakers and exhibitors at analytica Lab Africa, South Africa’s only trade fair for laboratory technology, analysis, biotechnology and diagnostics.
Read more...Fuel your competitive edge with tech that transforms
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The KwaZulu-Natal Industrial Technology Exhibition 2025, taking place from 22 to 24 July at the Durban Exhibition Centre, offers a vibrant, solution-focused platform tailored to the unique needs of KwaZulu-Natal’s industrial, manufacturing, engineering, maritime, agricultural and mining sectors.
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