The Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales. In a significant step to advance food security in Kenya, the…
Afreximbank and FCI’s regional factoring conference in Zimbabwe attracts over 200 participants
Co-organised in collaboration with FCI, the global body for factoring, the conference provided a platform for in-depth discussions and strategic initiatives to promote and enhance factoring within the Southern Africa region In its ongoing commitment to establish factoring as…
Africa Teems with Clean Energy Prospects, Ahead of Invest in African Energy (IAE) Forum
European energy companies are invited to attend Energy Capital & Power’s Invest in African Energy forum in Paris, which will showcase Africa’s latest developments in LNG, renewables, green hydrogen and carbon capture European partners have been vocal about plans…
Sierra Leone Blocks on Show as Petroleum Directorate of Sierra Leone (PDSL) Joins African Energy Week (AEW): Invest in African Energy
Recognizing the vast potential of its untapped hydrocarbon reserves to drive economic growth while supplying the global energy demand, Sierra Leone is accelerating oil and gas exploration Foday Mansaray II, Director General of the Petroleum Directorate of Sierra Leone,…
Trina Storage and Pacific Green sign Letter of Intent of 1500 MWh energy storage system at WFES
At the World Future Energy Summit held in Abu Dhabi in the United Arab Emirates from April 16 to 18 the global energy storage and technology companies, Trina Storage and Pacific Green, had signed a letter of intent relating to…
Milestone Reached in South Sudan Block B2 Petroleum Exploration Campaign
South Africa’s SFF briefs South Sudan national oil company Nilepet on progress in aerial exploration and environmental survey as South African President visits Juba South Africa’s state-owned petroleum company the Strategic Fuel Fund (SFF) yesterday met officially with South Sudan’s…
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
Utilities for Net Zero Alliance members announce action plan at IRENA Assembly, focused on increasing speed of grid investment and development Today, the Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total…
Africa’s Downstream Opportunities Take the Forefront as African Refiners and Distributors Association (ARDA) Executive Secretary Joins African Energy Week (AEW) 2024
AEW: Invest in African Energy will streamline investment towards Africa’s downstream industry as countries move to make energy poverty history by 2030 The Executive Secretary of the African Refiners and Distributors Association (ARDA), Anibor Kragha, will speak at the…
Sustainable transport infrastructure key to Nigeria’s economic growth – Expert
The Global Transport Policy (GTP) Ltd., a communication outfit, has stressed the need for a sustainable conversation for an excellent transport infrastructure blueprint to boost Nigeria’s economic development. Dr Oluwasegun Musa, the Chairman/Chief Consultant, Global Transport Policy, said this at…
Rand Merchant Bank (RMB) contributes to Acre Impact Capital’s $100 million private debt fund for climate-aligned infrastructure projects across Africa
The fund has announced its first close on 17th of April in which it has successfully raised an equity of ~$100m RMB, one of Africa’s leading corporate and investment banks, has invested in Acre Export Finance Fund I which…