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European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

EU-Africa Green Talks in Madrid: A green future for Africa

The Green Talks will allow participants to share local perspectives on sustainable development and green investment driven by the public and private sectors throughout Africa

The Portuguese Presidency of the Council of the European Union, in collaboration with the European Investment Bank (EIB) and the Spanish Ministry of Foreign Affairs, European Union and Cooperation today hosted a discussion day on energy transition in Africa. The event was held as part of the EU-Africa Green Talks:…

European Investment Bank (EIB)
Source: European Investment Bank (EIB) |

East African and international political leaders and financial experts highlight green investment best practice

Dialogue between European Investment Bank, Portuguese Embassy in Kenya, financial community and development stakeholders confirms importance of green investment

Nairobi hosts EU-Africa Green Talk dialogue on sustainable development impact of local projects; Dialogue between European Investment Bank, Portuguese Embassy in Kenya, financial community and development stakeholders confirms importance of green investment. The Secretary General of East African Community today joined more than 150 African business leaders, financial experts and…

African Energy Chamber

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    • African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal (1)
    • African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal (2)
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Source: African Energy Chamber |

African Energy Developments Demand Sustained Investment with new projects in Mozambique, Tanzania, Uganda, and Senegal

A recent uptick in direct investment activities in Africa’s energy sector sheds light on the role of sustained investor interest in catalyzing socio-economic growth

In the past twelve months, the African energy sector has seen several encouraging developments – in the form of both Foreign Direct Investment (FDI) and strategic partnerships – that have advanced the sustainable development of its natural resources. In fact, despite a global downturn in investment in 2020, FDI flows…

Africa Oil & Power Conference

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    • Africa Oil & Power unites Mining and Energy at All-Africa Event in 2022
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Source: Africa Oil & Power Conference |

Africa Oil & Power unites Mining and Energy at All-Africa Event in 2022

The flagship event continues AOP’s Cape Town event series, uniting the entire energy value chain and the African continent under one roof once again

Africa Oil & Power (AOP) (www.AfricaOilAndPower.com) will officially launch its Africa Energy & Mining (AEM) conference and exhibition, the definitive single event for African energy and mining, on 29-31 March 2022; AEM is the only event in Africa that unites the entire mining and energy value chain. It will emphasize the role that…

African Trade Insurance Agency (ATI)
Source: African Trade Insurance Agency (ATI) |

African Trade Insurance Agency (ATI)’s Transparency Tool Records ESCOM’s Impressive Payment Record to Malawi’s only Operational IPP

The payments have been collected and recorded by the Transparency Tool, a joint initiative of ATI and KfW

ESCOM, Malawi’s national power utility, made timely payments to the Ruo-Ndiza Hydroelectric power plant for 22,578 MWh of electricity supplied to the utility throughout 2020; The payments have been collected and recorded by the Transparency Tool, a joint initiative of ATI (www.ATI-aca.org) and KfW; This is the first report being…

Africa Oil & Power Conference

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    • U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy - Photo Credit: Bigstock
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Source: Africa Oil & Power Conference |

U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy

The multi-day forum unites U.S. and African policymakers, energy executives and industry leaders to create new linkages and foster discussions

The U.S. Africa Energy Forum 2021 – organized by Africa Oil & Power, in partnership with the African Energy Chamber’s U.S.-Africa Committee – will foster alignment between U.S. and African governments’ energy policies and highlight African oil, gas, power and renewable projects across the energy value chain for U.S. investors;…

Africa’s Business Heroes (ABH)

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    • Applications Open for 2021 Africa’s Business Heroes Prize Competition
    • Applications Open for 2021 Africa’s Business Heroes Prize Competition - FR
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Source: Africa’s Business Heroes (ABH) |

Applications Open for 2021 Africa’s Business Heroes Prize Competition

ABH, which is the Jack Ma Foundation’s flagship philanthropic program in Africa, annually awards 10 outstanding finalists with a share of a US$1.5 million grant

In its third year, the Africa’s Business Heroes (ABH) prize competition gives African entrepreneurs a unique platform to showcase their talent and grow their businesses; ABH, which is the Jack Ma Foundation’s flagship philanthropic program in Africa, annually awards 10 outstanding finalists with a share of a US$1.5 million grant;…

350.org
Source: 350.org |

East African Crude Oil Pipeline (EACOP) will disenfranchise local communities in Uganda and Tanzania (By Charity Migwi, Edwin Mumbere and Evelyn Acham)

The EACOP project risks driving East Africa further into unsustainable debt at the mere prospect of reaping meagre earnings with the only entities bound to benefit being the foreign oil companies

The East African Crude Oil Pipeline (EACOP) is expected to reach a Final Investment Decision (FID) (https://reut.rs/2QDP5Aa) as soon as the end of March 2021.This will pave way for the commencement of the construction phase of the pipeline. South Africa’s Standard Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) and Industrial…

Deutsche Post DHL
Source: Deutsche Post DHL |

Accelerated Roadmap to decarbonization: Deutsche Post DHL Group decides on Science Based Targets and invests EUR 7 billion in climate-neutral logistics until 2030

By 2030, 80,000 e-vehicles shall be deployed for last-mile deliveries, resulting in 60% electrification of the fleet

New sustainability roadmap defines ambitious sustainability targets; group decides on "Science Based Targets" and aims to reduce greenhouse gas emissions in line with the Paris Climate Agreement; to this end, the Group will invest EUR 7 billion in climate-neutral logistics by 2030; by 2030, 80,000 e-vehicles shall be deployed for…

Africa Enterprise Challenge Fund (AECF)
Source: Africa Enterprise Challenge Fund (AECF) |

US$1.2 million Innovation Fund launched to unearth emerging technologies

Fund seeks to support entrepreneurs using renewable energy to start or diversify existing businesses

The African Enterprise Challenge Fund (AECF) (www.AECFafrica.org) has today launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities. Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding. The fund is aimed at strengthening…