APO - Africa Newsroom

Source: Equatorial Guinea-Saudi Arabia Economic Forum |

Equatorial Guinea’s Bioko Oil Terminal Regains Momentum after Agreement with Arabian Energy

Bioko Oil Terminal aims to become West Africa’s largest oil and petroleum products storage facility and will transform Equatorial Guinea into a pivotal trading and services hub in the region

Following the signing of an agreement between the Government of Equatorial Guinea and Arabian Energy DMCC to work together on the Bioko Oil Terminal in Saudi Arabia, the realization of the petroleum tank farm gained some important momentum. On May 11, the two sides agreed to collaborate on the development,…

Source: U.S. Department of State |

USTDA Connects U.S. Industry to Solar Project in South Africa

The grant funds a feasibility study to assess the viability of a 75 megawatt solar photovoltaic power plant in the Free State province of South Africa

Today, the U.S. Trade and Development Agency awarded a grant to Pele Green Energy (Pty) Ltd, a South African independent power developer based in Johannesburg. The grant funds a feasibility study to assess the viability of a 75 megawatt solar photovoltaic power plant in the Free State province of South…

Source: U.S. Embassy Pretoria, South Africa |

Power Africa Launches New Initiative at African Utility Week

Power Africa announced the launch of its Southern African Energy Program this week in Cape Town, South Africa.  This announcement came as representatives from Power Africa, a U.S. government-led initiative, and the U.S. Mission in South Africa participated in African Utility Week and the Gas to Power World Congress. The…

Efacec
Source: Efacec |

Efacec “brings” electricity to Rwanda

New substations allow electricity distribution to rural areas

Efacec (www.Efacec.pt/en) has just been chosen by the winning consortium of the international tender launched by the Republic of Rwanda for the construction of three new 200kV substations. These infrastructures are essential to distribute power to the country’s rural areas, such as Rwabusoro, Mamba e Rilima. The technical abilities and…

Islamic Corporation for the Development of the Private Sector (ICD)
Source: Islamic Corporation for the Development of the Private Sector (ICD) |

The Islamic Corporation for the Development of the Private Sector (ICD) signs MoU with China-Africa Development Fund to boost infrastructure investment and growth in selected African countries

At the side lines of the landmark IsDB 42nd Annual Meeting in Jeddah, a memorandum of understanding (MoU) was signed between the Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-ps.org), the private sector arm of Islamic Development Bank (IDB) Group and China-Africa Development Fund (CADFund) (www.CADFund.com), a…

Aiteo Group
Source: Aiteo Group |

Aiteo Strengthens Group with the Appointment of International Advisor

Mr Knezevic will lead Aiteo’s funds raising activities from global capital markets with the primary objective of reinforcing the Group’s growth and diversification targets in Nigeria and across Africa as a whole

Aiteo Group (http://AiteoGroup.com) announces the appointment of Mr. Ratko M. Knezevic to its Global Executive Management team as Group Advisor on Business and Capital Development with effect from 5 May 2017. Mr Knezevic will lead Aiteo’s funds raising activities from global capital markets with the primary objective of reinforcing the…

Africa Independents Forum
Source: Africa Independents Forum |

16th Africa Independents Forum: Developing & driving change in Africa’s oil & gas industry

Corporates will benefit from invaluable insights, rethinking Africa’s financing and investments

As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum (www.Africa-IndependentsForum.com) to take place in London over 24th and 25th May brings together all stakeholders in Africa’s upstream oil and gas to review the state of the industry and exchange ideas on…

International Islamic Trade Finance Corporation (ITFC)
Source: International Islamic Trade Finance Corporation (ITFC) |

The International Islamic Trade Finance Corporation (ITFC) Signs US$ 450 Million Socioeconomics Development Framework Agreement with the Government of Burkina Faso

ITFC has provided over US$ 770 million since inception in 2008, in favour of Burkina Faso

On the side-lines of the Islamic Development (IDB) Group 42nd Annual Meeting of the Board of Governors held in Jeddah during the period from 14th to 18th of May 2017, the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) has signed a three-years US$ 450 million socioeconomic development framework agreement with…

GE
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    • GE and AAIT team witnessing the MoU signing. Standing (L-R): Andres Isaza, VP & Chief Commercial Officer - GE Renewable Energy , Dr. Esayas Gebreyouhannes, Executive Director Addis Ababa University - Addis Ababa Institute of Technology (AAIT), Deo Onyango - GE Hydro, SSA Regional Executive, Daniel Hailu - CEO GE Ethiopia. Seated (R-L): Dr. Admasu Tsegaye - President, Addis Ababa University and Yves Rannou VP & CEO, Hydro GE Renewable Energy
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Source: GE |

GE and Addis Ababa Institute of Technology Sign a MoU to enable Renewables Hydro/Wind Power Generation Skills Development in Ethiopia

The ultimate vision of the collaboration between GE and AAIT is to develop a Renewables - Center of Excellence at AAIT to serve as a practical learning hub for undergraduate students in the Ethiopia University system, a research incubator for graduate students and a reinforcing learning mechanism for faculty

General Electric (NYSE: GE; “GE”) (www.GE.com) GE Renewable Energy and Addis Ababa Institute of Technology (AAiT) signed a Memorandum of Understanding (“MoU”) to frame an ongoing collaboration aimed at enabling capacity development programs focused on Renewable Energy.  Since late 2016 GE and AAiT have been working together to develop and…

Source: United Nations Economic Commission for Africa (UNECA) |

Sustainable hydropower development case studies unveiled at hydropower congress

Topic case studies focus on specific aspects of development, such as indigenous people, cultural heritage, economic viability and water quality

The 2017 World Hydropower Congress ended in Addis Ababa Thursday with the launch of a new collection of case studies highlighting good practice in sustainable hydropower development. ‘Better Hydro: Compendium of Case Studies 2017’ is a collection of 34 case studies based on assessments carried out under the Hydropower Sustainability…