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Grand Inga hydropower project, Democratic Republic of Congo

By: Sheila Barradas     26th October 2018 Government has given two groups of investors a four-week deadline to submit a joint proposal on the development of the multibillion-dollar Inga 3 hydropower plant. 

Congo sets deadline for plan on 11 000 MW hydropower plant

By: Bloomberg     22nd October 2018 The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multibillion-dollar Inga 3 hydropower plant. The government signed an accord with Chinese and Spanish consortia this week to advance the 11 000 MW facility, the... 

Agricultural organisations commit to developing national strategy

By: Simone Liedtke     27th August 2018 The presidents of the African Farmers Association of South Africa (Afasa), the National African Farmers Union of South Africa (Nafu SA), Agri SA and the Transvaal Agricultural Union of South Africa (Tau-SA), as members of the Agri Sector Unity Forum (Asuf), on Monday declared their intent to work... 

Eskom secures R1.35bn loan from KfW to integrate Northern Cape renewables into the grid

By: Simone Liedtke     29th June 2018 State-owned Eskom has entered into a R1.35-billion loan facility with German development bank KfW to support further investments in Eskom's transmission network in the Northern Cape in order to integrate renewable energy independent power producer (IPP) projects. This funding will also allow for... 

DWS, Sanbi launch R90m water project

By: Anine Kilian     31st May 2018 Water and Sanitation Minister Gugile Nkwinti and South African National Biodiversity Institute (Sanbi) chairperson Nana Magomola on Thursday launched the R90-million Ecological Infrastructure for Water Security project, in Johannesburg. The project is aimed at transforming the way people think... 

Africa needs private investment to meet energy needs – Radebe

By: Simone Liedtke     27th March 2018 The cost of meeting sub-Saharan Africa’s power demand has been estimated at about $14-billion a year and cannot be met by public funding alone. Although public utilities have historically been the major sources of funding for new power generation capacity, South African Energy Minister Jeff... 

Ramaphosa to engage British PM and other world leaders at WEF

By: African News Agency      25th January 2018 South Africa's Deputy President Cyril Ramaphosa will hold bilateral meetings with a range of world leaders, including British Prime Minister Theresa May and Danish Prime Minister Lars Løkke Rasmussen, at the World Economic Forum on Thursday, as the country continues its drive to assure partner... 

SA power plant listed 4th dirtiest in world's 'Dirty Dozen' 

By: News24Wire      12th December 2017 South Africa’s Thabametsi project has been listed as one of the “Dirty Dozen projects”, twelve fossil fuel projects worldwide environmental groups say exemplify the massive volumes of public finances still flowing to fossil fuel projects, which are driving climate change. The list comes as world... 

African countries must create conducive environment to attract more infrastructure investment

By: Shirley le Guern     4th May 2017 Development finance institutions, banks and private investors are collectively sitting on trillions of dollars in capital that could be invested into African infrastructure projects if they were offered returns commensurate with the perceived higher risk environment, Africa50 CEO Alain Ebobisse... 

Financing and legal frameworks key for successful renewables projects in Africa

By: Anine Kilian     19th July 2016 Less than 30% of renewable energy projects in Africa reach financial close, with the development process highlighted as the riskiest part of the development cycle, according to advisory firm Castalia Africa practice leader Patrick Longmire. “Renewable energy project development is expensive and... 

Entrepreneurs need greater access to funding – BBC CEO

By: Anine Kilian     15th June 2016 Access to funding and finding equity to progress their ideas from concept to roll-out remained a challenge for South African entrepreneurs, Black Business Council CEO Mohale Ralebitso said on Tuesday. “The ‘own contribution’ component [for entrepreneurs and start-ups] is a major challenge that we... 

Global groups act to de-risk lending to African SMEs

By: African News Agency      23rd March 2016 Ecobank has joined forces with leading international finance and development organisations to help fill the gap in financing for small and medium-sized enterprises (SMEs) in some of Sub-Saharan Africa’s poorest and most fragile countries. Ecobank Transnational Incorporated (ETI), parent company... 

Development financiers filling key African infrastructure gap – report

By: Schalk Burger     12th February 2016 Development finance institutions and export credit agencies, the largest funders of African infrastructure projects, are creating an environment for more investment in the continent’s infrastructure, says global law firm Baker & McKenzie South Africa banking and finance partner Jen Stolp. “Part... 

Sentech Steps Up To Strengthen Supply Chain

25th August 2015 SENTECH, broadcasting signal distributor, officially launched its Business Growth Programme, an initiative aligned to SENTECH’s enterprise and supplier development strategy. SENTECH have partnered with Raizcorp to develop a one-of-a-kind business growth programme that will accelerate the success... 

Brics summit to see ties between member States deepen – Zuma

By: African News Agency      7th July 2015 The seventh Brics summit this week will see a deepening of relations in the emerging markets bloc as member nations sign a range of new agreements, the South African presidency said on Tuesday. The leaders of Brazil, Russia, India, China and South Africa would also learn how far each had come in... 

Standard Bank ranked one of world’s greenest banks

By: Natalie Greve     23rd September 2014 The Standard Bank Group has been named one of the world’s greenest banks by Bloomberg Markets, ranked eighteenth out of 20 global finance institutions recognised for their investments in green-energy projects and efforts to reduce their own waste and carbon footprints. The banking group was the... 

Baobab appoints FD

By: Leandi Kolver     15th August 2014 London-listed Baobab Resources on Friday announced the appointment of current CFO and new business manager Frank Eagar as FD and executive of the company. As a business development executive, Eagar had been instrumental in the origination and execution of a number of equity and debt transactions... 

Rusumo Falls hydroelectric project, Burundi, Rwanda and Tanzania

By: Creamer Media Reporter      6th December 2013 The African Development Bank has committed $113-million for the development of the Rusumo Falls hydropower project. 

Developing energy industries create opportunity for pumps industry

By: Gia Costella     5th October 2012 Multiple developing energy industries in Africa are creating opportunities for new pumping technology and related products, says engineering and construction industries-focused financial solutions provider Chester Trade Finance, part of the Chester Finance Group. “The recent discovery of natural... 

African Development Bank to show “enormous investment opportunities” on continent at African Utility Week

By: Kim Kruger     13th April 2012 South Africa has been a model for good investment environment in the region, says the African Development Bank’s Neside Tas Anvaripour, Head of Infrastructure Finance in the Private Sector Department. The AfDB executive is a headline speaker at the upcoming African Utility Week where more than... 


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