Source: African Union (AU) |

African Ministers Stress the Need for Greater Investment to Revitalise Energy Sector and Drive Sustainable Recovery

High-level officials at the virtual Ministerial meeting represented a diverse range of African economies

Ministers from African countries representing nearly three-quarters of the continent’s energy consumption and more than half of its population met with global energy leaders today to consider how to revitalise the African energy sector and enable a sustainable economic recovery after the pandemic. Under the theme of Securing Africa’s Energy Future…

Source: African Development Bank Group (AfDB) |

Put small-scale traders at the heart of efforts to accelerate trade and investment in Africa post COVID-19

The AfCFTA will not in one dramatic swoop alter existing commercial and economic realities on a vast scale, but its implementation could lead the recovery efforts from the COVID-19 crisis – Solomon Quaynor, VP African Development Bank

Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by  the African Development…

Source: African Development Bank Group (AfDB) |

Tanzania: African Development Bank approves $120 million loan to build Malagarasi Hydropower Project

The hydropower plant’s expected average annual output of 181 GWh will meet the electricity needs of as many as 133,649 Kigoma households

The Board of Directors of the African Development Bank (https://www.AfDB.org/) have approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania that will provide reliable renewable energy to households, schools, clinics and small and medium-sized enterprises in the Kigoma Region. The Malagarasi…

Ecobank
Source: Ecobank |

Ecobank Group Empowers Women Businesses through Ellevate, its new women-focused programme

A healthy collaboration between Government and Private sector is critical for the creation of a conducive environment in which women can thrive and succeed

The Ecobank Group (www.Ecobank.com/ellevate) launches ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets. This programme is designed to help women reach their full potential by empowering, growing and supporting them with customized financial and value-added solutions. Women constitute roughly half of the population in Africa. SMEs account…

African Energy Chamber
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Source: African Energy Chamber |

African Energy Chamber Offers Guide for Reforms for Equatorial Guinea’s Oil & Gas Sector

To support recovery and boost investment, the African Energy Chamber’s 2021 Outlook offers several pragmatic solutions

The African Energy Chamber (www.EnergyChamber.org) organized a Power Breakfast yesterday in Malabo to mark the launch of its Africa Energy Outlook 2021. The event gathered all of the Chamber’s partners and industry stakeholders in Equatorial Guinea as the market embarks on a path to recovery in 2021. Despite its remarkable…

The European House Ambrosetti
Source: The European House Ambrosetti |

Kickstarting The Post Covid-19 Economic Recovery The Big Focus of The “Southern Africa Europe Ceo Dialogue” This Year

The Southern Africa Europe CEO Dialogue will look at how Europe and Italy can team up with Africa for sustainable development in light of the devastating impact of the global pandemic

As the world has ground to a standstill this year, it is more important than ever to rebuild devastated economies. Download Save the date: https://bit.ly/3pZii5I Rather than being cancelled altogether, the “Southern Africa Europe CEO Dialogue” goes online this year and will be hosted from Johannesburg in digital format on Thursday…

African Energy Chamber
Source: African Energy Chamber |

COVID-19 and Energy Transition are the Most Significant Determinants of the African Industry Outlook

The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time

COVID-19 is undoubtedly perhaps the biggest shock in the history of the oil and gas sector; The demand collapse has caused investments of $690 billion to disappear; The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time; Read more by…

Source: African Union (AU) |

AUC-IEA Ministerial Forum: Securing Africa’s Energy Future in the Wake of COVID-19

The aim of the Forum is to agree on and promote actions to ensure a sustainable economic recovery and scale up of energy investments in Africa over the next three years

The COVID-19 pandemic has created an unprecedented global emergency and significantly amplified existing challenges to Africa’s energy sector and created myriad new ones. While the pandemic has reached almost every country and has relatively been mild in Africa, the crisis is predicted to start unfolding here as well. The pandemic…

Investing in African Mining Indaba
Source: Investing in African Mining Indaba |

Mining Indaba Launches Brand-New Virtual Investment Programme

The Programme is a new service for mining companies, investors and analysts to raise capital, pitch their companies and originate deals

Investing in African Mining Indaba (Mining Indaba) (https://www.MiningIndaba.com) today announced the launch of its Virtual Investment Programme, taking place 30-31 March 2021. The Programme is a new service for mining companies, investors and analysts to raise capital, pitch their companies and originate deals. “The highly experienced Investor Relations team will…

MIE Events DMCC
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Source: MIE Events DMCC |

Dozens of Distinguished Guests Join Opening Ceremony and Conference of Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020!

More than a hundred representatives of outstanding Shanxi brands attended the offline conference and hundreds of overseas companies and buyers joined the event through the Online Platform

CCPIT Shanxi, a government body, organized the Shanxi Brands Online Tour on the Silk Road (Middle East and Africa) 2020 which is held offline on 24 November 2020 in Shanxi Province, China as well as on the GTW – Virtual Exhibition Platform. This high level event was graced and attended…