Africa Will Need Pragmatism, Not Idealism, to Achieve a Just Energy Transition (By NJ Ayuk)
By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). Western leaders often urge African nations to make a rapid transition from fossil fuels to renewable energy sources. They seem to think that African nations can switch to renewable power sources fairly easily, as if a good energy infrastructure was already in place. But this is […]
Responsible Resourcing Awards: Recognising Junior Miners’ Sustainability Initiatives and Excellence
Mining Indaba (www.MiningIndaba.com) understands how important ESG is to the mining industry, two years ago we introduced the Junior ESG Awards to recognise and honour junior mining companies that are striving to achieve positive impacts related to their companies’ sustainable development. This initiative provides a platform for juniors to share their initiatives in order to be […]
Do As We Say, Not as We Do: Wealthy Nations’ Expectations for Africa (By NJ Ayuk)
By NJ Ayuk, Executive Chairman, African Energy Chamber (https://www.EnergyChamber.org) When examining how fossil fuel exploration, production, and usage differ between African and more developed nations, the contrast is so stark that it essentially defines the core mission of the African Energy Chamber (AEC). We exist not to bring these rates on par with each other […]
Africa Finance Corporation agrees EUR50 million loan facility with Italy’s Cassa Depositi e Prestiti SpA (CDP) for climate resilient infrastructure
Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, and Italian development finance institution Cassa Depositi e Prestiti SpA (CDP) (www.CDP.it) have signed a EUR50 million loan facility agreement on the sidelines of COP28 in Dubai. The financing will play a crucial role in supporting AFC’s investments in renewable power, energy […]
Conference of the Parties (COP28): African Development Bank President invites business leaders to invest in Africa to accelerate decarbonization
The President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, called on African business leaders to take advantage of investment opportunities in Africa and decarbonize their industries more quicky during the COP28 global climate conference in Dubai. “Africa is a very reliable destination for investment,” since the continent has a “dominant position in terms of […]
Shaping Retails Future – Trends Recap 2023 (By Mike Smollan)
By Mike Smollan, Chief Growth and Innovation Officer, Smollan (https://Smollan.com). As per the Edge Global Insights Report 2023 – overall, the retail industry this year has navigated the lingering effects of the pandemic, embraced digital transformation, addressed sustainability concerns, and tackled supply chain challenges. Coupled with the disentanglement of major market dynamics from the clutter that […]
Navigating Opportunities: Europe’s Role in Africa’s Oil and Gas Industry
Since early discoveries of oil and gas in Africa, European operators and service providers have made substantial investments in unlocking the continent’s hydrocarbon resources. Amid global market changes – whereby energy demand outweighs supply and efforts to diversify value chains pinpoint new producers – Africa’s oil and gas landscape has become an increasingly attractive investment […]
Global leaders call for increased resources to provide 1 billion people with clean cooking solutions in Africa
“Every woman, every mother must be able to turn on the gas cooker and cook a decent meal like anywhere else in the world”—Adesina; African Development Bank to scale up contribution to clean cooking solutions; “Lack of access to clean cooking is a stain on humanity”—Birol. Africa requires $4 billion in annual investment, to provide 250 million […]
Conference of the Parties (COP28): Africa could lose $25 billion per year as new European Union (EU) carbon tax comes into effect, warns African Development Bank’s Adesina
African Development Bank Group President Dr Akinwumi Adesina (www.AfDB.org) has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa […]
Helmsman Quality and Technology Services Company Ltd. (HQTS) Secures Contract for Pre-Export Verification of Conformity Assessments on Specialised Equipment and Materials for Uganda Oil and Gas Projects
Helmsman Quality and Technology Services Company Ltd. (HQTS) (www.HQTS.com), a leading provider of third-party quality assurance services, has entered into an agreement with the Petroleum Authority of Uganda (PAU) and the Uganda National Bureau of Standards (UNBS) to perform Pre-Export Verification of Conformity Assessments on specialised equipment and materials for oil and gas projects in […]
