Monday, July 22, 2019
JOHANNESBURG (miningweekly.com) – South Africa is likely to play a significant role in the development and construction of the large new potash mine and processing plant that is being planned in the Republic of Congo (RoC) at an expected...
Considering the strong growth in mobile subscription and mobile broadband across West African countries, Nigeria inclusive, a new GSMA study, which was released at the recently concluded Mobile 360 African Forum in Abidjan, Côte d’Ivoire, has predicted that the mobile industry in...
The African Development Bank (ADB) is set to back coal-fired projects in Nigeria, Kenya and Senegal in a departure from the International Monetary Fund (IMF) policy, which has a ban on fossil fuels. Kenya is developing a one-gigawatt generator near...
April 10 (Renewables Now) - The Investec-managed Emerging Africa Infrastructure Fund (EAIF) has secured USD 385 million (EUR 311m) in new long-term debt capital through its latest fundraising round, it was announced today. EAIF was created to mobilise capital from...
According to The Herald, Nigerian billionaire Aliko Dangote has renewed his interest in pursuing his USD 1.5bn investment in Zimbabwe and on the 9 April, dispatched an advance team comprising geologists. The team will be in Zimbabwe for 10...
ENGIE Africa expands its footprint in West Africa by acquiring two companies, namely Afric Power and Tieri, specialising in energy services in the region. The energy solutions provider noted that the companies based in Côte d’Ivoire, Burkina Faso, Mali...
Two UK firms, BBOXX, an off-grid energy solution provider, and Lendahand Ethex, a UK-based online impact investor, are in a partnership to raise US $3m to extend the roll-out of life changing solar energy systems across Rwanda and four other...
2017 was a slow year for M&A deals across Africa. Instability, lack of regulatory clarity and weak economic fundamentals in the continent’s biggest markets in particular worked to limit investor confidence. Meanwhile, increasing concerns over ethical and compliance considerations...
The Ghanaian government has set aside US $230m to promote the use of renewable energy in Ghana, particularly in off-grid communities across the country. According to the Deputy Director of Renewable Electricity at the Ministry of Energy, Seth Mahu, the...
The African Development Bank (AfDB), in a bid to improve renewable energy development, will spend US $12bn in Burkina Faso, Djibouti, Eritrea, Ethiopia, Mali, Mauritania, Niger, Nigeria, Senegal, Sudan and Chad. The objective is to provide power for household use, Small and Medium...
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