The Member News Archive

AMEA Power completes US$1.1 Billion deal to deploy 1GW of Wind and Solar Energy in Egypt
AMEA Power, one of the fastest growing renewable energy companies in the Middle East, has announced today that it has achieved the financial close to deliver 1GW of renewable energy projects in Egypt. The landmark 500MW wind and 500MW solar projects, represent US$1.1 billion of investment into the Egyptian economy and takes the Company’s clean energy portfolio to 2GW in the country.

InfraCo Africa invests to scale access to clean transport in rural Zimbabwe
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement committing US$2 million to scale the offering of Mobility for Africa, an electric mobility company delivering affordable, cargo-carrying e-tricycles and solar-powered battery charging solutions for underserved communities in rural Zimbabwe.

Afreximbank’s Kanayo Awani at the forefront of AfCFTA
Named Woman of the Year at the Africa Financial Industry Summit, Afreximbank’s new vice-president Kanayo Awani has helped make her group one of the major players in the continental free trade area project.

Vallis Group: The World Food Programme
This Vallis Group Newsletter newsletter focuses on The World Food Programme, the evolution of the organisation, the scope of work they cover and the impact they have had in the countries they have been involved with throughout its history.

State of Arica Adaptation Report 2022 (SOAR)
For the period 1990-2010, Africa’s GDP per capita was on average 13.6% lower than it would have been if human-induced climate change had not occurred.

Gabon Virtual DealRoom will connect investors with opportunities in the Commonwealth’s newest Central African member using Asoko Insight’s proven technology
Gabon’s Ministry of Investment Promotion, Public-Private Partnerships and Asoko Insight are pleased to announce their partnership to develop the Gabon Virtual DealRoom, a virtual platform connecting global investors with opportunities from across Gabon’s dynamic economy.

DEG: USD 29.5 million for investment in renewable energy
The expansion of green power generation is essential to achieve a sustainable supply. It is for this reason that DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is investing USD 29.5 million in the first close of the “Alcazar Energy Partners II” fund managed by Alcazar Energy Partners (Alcazar), a developer of renewable energy projects.

INSEAD launches Lead the Future – its first 12-month transformational flagship online programme
The innovative enhanced learning journey prepare executives to Lead, Engage, Advance, Drive — in an increasingly complex and rapidly changing world.

Natural gas can advance the transition to net zero energy system
The global pursuit to the net zero goal by 2050 is getting closer with each year passing. Technologies and efforts that gets the global community near this ambition ought to be granted the backing required to enable the transition to a low carbon future quicker.

GreenCo at COP
This week the UN’s 27th Annual Conference of the Parties (COP27) takes place in Sharm El-Sheikh. Egypt’s summit theme is ‘implementation’. Shifting the focus from negotiations and planning to action on the ground, where it is most needed. GreenCo is delighted to announce that our non-executive Directors Mr Alex Simalabwi and Ms Ina Hoxha will be representing GreenCo at COP over the next week

Workshop Invitation | South Africa: Unpacking the impact of a potential greylisting
Please join us to discuss the impact of a potential greylisting of South Africa by the Financial Action Task Force. This workshop will include an address from the Special Director of the Investigating Directorate within the National Prosecuting Authority, Adv Andrea Johnson and will be followed by a specialist panel discussion moderated by Webber Wentzel consultant, Lerato Lamola-Oguntoye.

Fidelity Bank Partners with Invest Africa to Showcase the Best of Nigeria’s Non-Oil Exports
In line with its strategic intent to always provide solutions and business support for its customers, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity International Trade and Creative Connect (FITCC) in partnership with Invest Africa.

Navigating the costs and risks of a SARS’ tax audit
Insurance protection for individuals, trusts and companies now available for mitigating the costs of defending a SARS tax audit and related disputes.

Football’s New Frontier: The 2022 World Cup and what it means for Qatar
In a matter of weeks the world’s best football players and their entourage, fans and global media will descend on the tiny Gulf emirate of Qatar for the first FIFA World Cup to be hosted in the Middle East.

Education Africa: Sounds of Celebration IX
The 9th annual SOUNDS OF CELEBRATION, which took place earlier this year, is a global concert of Social Cohesion, starring internationally acclaimed performers and musicians from around the world.

Prudential plc and Google Cloud Announce strategic partnership to make healthcare and financial security more accessible across Asia and Africa
Leading insurance group, Prudential plc (Prudential) and Google Cloud today announced a strategic partnership to enhance health and financial inclusion for communities across Asia and Africa.

Three steps for Africa to combat climate change
Policy paper defining continent’s stance ahead of COP27 receives backing of African leaders including Ghana President, Nigeria Vice President

The private sector must support Africa to fight the climate crisis together
As COP27 heads to Egypt later this year (6-18 November 2022), the developed world must recognise how Africa can play a key role in fighting the climate crisis. However, the continent needs broad-ranging support, including from the private sector, explains John Félicité, Director, Ocorian Mauritius.
Standard Bank arranges largest syndicated sustainability-linked real estate debt facility in Sub-Saharan Africa for Grit Real Estate Income Group
The sustainability-linked term loan and revolving credit facility, for up to US$306 million (inclusive of a small accordian piece), is the largest of its kind to date for Sub-Saharan Africa’s (excluding South Africa) real estate sector.

Kick-off Meeting of the Pan-African Regional Programme
The Africa Adaptation Initiative (AAI) and the Adaptation of African Agriculture (AAA) Climate Initiative this week hosted the inaugural meeting of the Pan African Regional Programme in Rabat, Morocco, with support from project partners the Green Climate Fund, CGIAR and AICCRA, and national designated authorities representing 23 African partner countries in attendance.