The Member News Archive
AMEA Power Announces Collaboration with Angolan Ministry of Energy & Water and the Luanda Water Public Company (EPAL)
AMEA Power is proud to announce its collaboration with Angolan authorities, the Ministry of Energy and Water (MINEA), and Luanda Water Public Company (EPAL) for a water desalination project in Luanda, Angola.
Africa Finance Corporation Signs US$350 Million Long-term Line of Credit with African Development Bank for Infrastructure
Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, today announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB).
Tata International expands operations in Nigeria at Lagos Free Zone
Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ). The agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand.
Meridiam wins a contract to build and operate Togo’s second solar power plant
Meridiam has signed a 25-year Concession Agreement with the Republic of Togo and EDF for the design, construction, financing and operation of a 64 MWp photovoltaic solar power plant in Sokodé, in the centre of the country.
Rt. Hon. Andrew Mitchell MP joins stakeholders at COP28 to celebrate progress on the newly incorporated Dhamana Guarantee Company
On the dedicated Finance Day of COP28, the Right Honourable Andrew Mitchell MP, Minister of State of the United Kingdom for Development and Africa, joined Kenyan government and stakeholder representatives in the UK Pavilion to celebrate progress on the newly incorporated Dhamana Guarantee Company Limited (Dhamana).
How Africa can Unlock World’s Most Promising Net-Zero Solution
Africa Finance Corporation (AFC), a leading development finance institution in Africa, launched the report titled 'How Africa Can Unlock World’s Most Promising Net Zero Solution', today at the Business & Philanthropy Climate Forum during COP28.
Afreximbank’s President Oramah emerges as FORBES AFRICA’s 2023 Person of the Year
Cairo, 03 December 2023: – The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, today in Cairo received the FORBES AFRICA magazine 2023 Person of The Year award.
European Bank for Reconstruction and Development (EBRD)/Zgounder mine expansion
Fasken acted for EBRD on the US$100 million project financing facility to Aya Gold & Silver Inc. for the upgrade and expansion of the Zgounder silver mine in the High Atlas mountains of Morocco.
Boston Consulting Group: The CEO’s Guide to COP28
Join BCG CEO Christoph Schweizer to kick off BCG’s LinkedIn Live series hosted on the ground at COP28, as he discusses some of the biggest climate challenges facing our world and how a broad variety of stakeholders must come together to drive impact.
Afreximbank and King’s College London Sign Memorandum of Agreement (MOA) to establish Medical and Nursing School in Abuja, Nigeria
Afreximbank) and King’s College London have signed a memorandum of agreement that sets the stage for initiating a scoping study that will determine the feasibility of their plan to jointly establish of a state-of-the-art medical and nursing school alongside the African Medical Centre of Excellence in Abuja, Nigeria.
Mo Dewji to plough $100m into Rwanda
Tanzania’s Mo Dewji, Invest Africa Advisory Board member and one of the most ambitious entrepreneurs in Africa, has set his expansion sights on Kigali, Rwanda. He recently announced a $100m investment plan for the country.
The Visit Rwanda Experience at Move Afrika
On December 6, Global Citizen, pgLang, and Kendrick Lamar are coming to Rwanda to debut Move Afrika – the opening event of a first-of-its-kind music tour across the continent of Africa.
A new dawn for arbitration in Nigeria
Gareth Mills, partner, and John Olatunji, associate, both in the commercial dispute resolution team of law firm Charles Russell Speechlys examine Nigeria’s new ADR landscape.
Mishcon de Reya acts for the Federal Republic of Nigeria in landmark ruling successfully challenging $11 billion arbitration award
Almost three years after securing an unprecedented extension of time to proceed with its substantive fraud challenge, the English Court has today handed down a landmark judgment confirming that Nigeria has been successful in challenging the colossal $11 billion award made against Nigeria in 2017.
Gemcorp Capital Targets $1 Billion Fund for Investment in Saudi Arabia
Gemcorp Capital, a global asset management firm specialising in emerging markets, has unveiled plans for an inaugural investment fund for Saudi Arabia.
Africa Investment Forum roots for more domestic capital raising
African countries have been urged to seize the opportunity presented with industrialization which could see the continent’s GDP grow by 20 per cent. CNBC Africa spoke to AFC President and CEO, Samaila Zubairu at the on-going Africa Investment Forum in Morocco.
ZESCO and GreenCo Execute System OperationsAgreement (SOA): Fostering a New Era for Open Access Electricity in Zambia
Africa GreenCo Group, through its Zambian-based operating company GreenCo Power Services Limited (together GreenCo), is thrilled to announce the successful execution of a System Operations Agreement (SOA) with the Zambian National Power Utility, ZESCO Limited.
Miranda & Associados Podcast: Investing Beyond Borders
This week Miranda & Associados bring you news on power generation in Angola, Cape Verde and Mozambique, progress in the negotiation of the Greater Sunrise Project in Timor-Leste, international recognition of the work carried out by Miranda Allliance, and other major developments in our jurisdictions.
Continued growth of Africa’s FinTechs can unlock greater economic prosperity
New FinTech platforms have played a critical role in recent years in improving financial inclusion in Africa. This trend is set to continue with their growth potential unlocking greater economic prosperity.
TAQA Dalbit Launches its first Compressed Natural Gas (CNG) Filling Station and Conversion Center near Airport in Dar es Salaam
TAQA Dalbit has announced the commissioning of Tanzania’s first integrated Compressed Natural Gas (CNG) Filling Station and Conversion Center branded “Master gas” located at Pugu Road-Airport Area in Dar es Salaam, Tanzania.