African Energy Chamber
Source: African Energy Chamber |

Rolake Akinkugbe-Filani Joins the African Energy Chamber’s Advisory Board

Rolake will be advising and supporting the African Energy Chamber within its Investment and Energy Transition Committees

Leading and prominent African energy expert and finance executive Rolake Akinkugbe-Filani has joined the African Energy Chamber’s (www.EnergyChamber.org) Advisory Board for 2020 and 2021. Rolake will be advising and supporting the African Energy Chamber within its Investment and Energy Transition Committees. Currently Managing Director of EnergyInc Advisors and Senior Africa…

Siemens Gamesa
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    • Rapid response for Midelt’s rural communities
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Source: Siemens Gamesa |

Siemens Gamesa supports Morocco in its fight to overcome the COVID-19 crisis

Siemens Gamesa’s social commitment special COVID-19 initiatives support Africa’s most vulnerable communities benefitting rural communities in Morocco

The company’s social commitment newly launched Global Impact Project special COVID-19 edition supports Africa’s most vulnerable communities; Siemens Gamesa (www.SiemensGamesa.com) funds rapid response initiatives benefitting Midelt’s rural communities; Siemens Gamesa’s local team’s step-up to support Moroccan relief efforts. Siemens Gamesa Renewable Energy (SGRE) has launched a series of social impact initiatives around the…

African Energy Chamber
Source: African Energy Chamber |

Germany to Ramp Up Investment in African Energy

An exclusive webinar explored the market dynamics set to shape post-COVID-19 German-African business relations

“Germany-Africa Economic Relations: Making Deals Post COVID-19” highlighted opportunities for German businesses in Africa’s power production, clean energy, and digitalization and technology sectors; An opening keynote was given by H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of the Republic of Equatorial Guinea; Panelists included Ibrahima Mané, Director…

Source: Siemens AG |

Siemens signs memorandum of understanding (MoU) with HELIOZ to provide safe drinking water to Khartoum and Kosti, Sudan

Siemens will sponsor a water, sanitation and hygiene (“WASH”) campaign to provide water to marginalized Sudanese residents

Siemens (www.Siemens.com) and HELIOZ collaborate to provide safe drinking water in Sudan; Siemens will sponsor a “WASH” campaign to provide water to marginalized Sudanese residents; easy-to-use solution for water disinfection, WADI will be implemented Siemens has signed a Memorandum of Understanding with HELIOZ, a Social Enterprise company that is active…

African Energy Chamber
Source: African Energy Chamber |

Senegal, Equatorial Guinea set to discuss post-Covid-Investments in Africa with Germany’s Private Sector at Germany Africa Business Forum (GABF) Webinar

In 2019, the GABF launched a multi-million Euro funding commitment to invest in German energy startups that focus on Africa

The Germany Africa Business Forum (GABF) is organizing an exclusive webinar on the topic "Business in Africa after Covid-19" on August 6th, 2020, at 16:00 Central European Time. The high-level panel will be expanded with an opening speech by the Minister of Mines & Hydrocarbons of Equatorial Guinea, H.E. Gabriel…

Source: Embassy of the Federal Republic of Germany Kampala |

Coronavirus: Ugandan – German Government Negotiations

Germany is a main contributor to multilateral emergency funds aiming to mitigate the effects of the Coronavirus pandemic

Uganda and Germany today successfully concluded government negotiations on the framework for development cooperation for the next two years. Germany committed a total of EUR 58.4 million in grants. Another EUR 15.0 million in grants is envisaged for the public finance management reform programme following the approval of the German…

ENGIE
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Source: ENGIE |

1.4 million Ugandans to access reliable and affordable energy under new EIB – ENGIE initiative

EIB financing to overcome barriers to 80% of Ugandans without access to electricity

Scaling up off-grid solar power model for transforming rural energy access across Africa; EIB financing to overcome barriers to 80% of Ugandans without access to electricity; Local currency financing to accelerate PAYGO solution for affordable green energy. Millions of people, small holders and entrepreneurs in remote villages across Uganda are…

Africa’s Business Heroes (ABH)
Source: Africa’s Business Heroes (ABH) |

Jack Ma Foundation’s Africa Netpreneur Prize Initiative (ANPI) selects Top 50 Finalists of 2020 “Africa’s Business Heroes” Competition

The 50 finalists were selected from over 22,000 applications all over Africa, representing twenty-one African countries, half are female, and work in 18 sectors like agriculture, AI, e-commerce, fashion, healthcare, renewable energy and ICT

Top 50 finalists were selected from over 22,000 applications across all 54 African nations; The finalists represent 21 African countries, half are female, and work in 18 sectors like agriculture, AI, e-commerce, fashion, healthcare, renewable energy and ICT; Finalists will advance to the next round of selection and will participate…

GE
Source: GE |

Nyimpini Mabunda Appointed CEO for General Electric in Southern Africa

In this role, Nyimpini will lead GE’s growth in the region and drive alignment across its Power, Healthcare, Aviation and Renewable Energy businesses

Nyimpini will lead GE’s (www.GE.com) growth in the region and drive alignment across its Power, Healthcare, Aviation and Renewable Energy businesses; An accomplished business leader with a career spanning 23 years. General Electric (GE) has announced the appointment of Nyimpini Mabunda as the Chief Executive Officer for Southern Africa. In…

Arab Petroleum Investments Corporation (APICORP)
Source: Arab Petroleum Investments Corporation (APICORP) |

Arab Petroleum Investments Corporation (APICORP) provides USD 50m credit facility to SirajPower for solar energy projects in the Middle East

The transaction represents the largest lease-funding platform for distributed solar energy in the Gulf Cooperation Council (GCC)

Financing facility to SirajPower is in line with APICORP’s (www.APICORP.org) strategic drive to support energy diversification and access to sustainable power in MENA region; This represents the largest lease-funding platform for distributed solar energy in the GCC. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced…