The Member News Archive

DLA Piper elects Charles Severs as Managing Partner from 2025
DLA Piper International has elected Charles Severs as its next Managing Partner, effective 1 January 2025. Following his ten-year tenure as International Managing Partner and Global co-CEO, Simon Levine will step away from the role to lead DLA Piper’s innovation and strategic transformation programme in a new role as Strategic Innovation Partner.

Announcing the execution of a Memorandum of Understanding between ZESCO Limited and GreenCo Power Storage Limited
Africa GreenCo Group, operating through its Zambian subsidiary GreenCo Power Storage Limited (collectively referred to as GreenCo), is pleased to announce the successful execution of a Memorandum of Understanding (MOU) for a Battery Energy Storage Systems (BESS) project in Zambia with ZESCO Limited (ZESCO).

Pioneering East Africa Marine Transport vessel launches on Lake Victoria
Following a construction period of twenty-one months, yesterday saw the launch of the M.V. Mpungu - the pioneering East Africa Marine Transport (EAMT) vessel - on Lake Victoria. Commissioned by InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and experienced regional logistics company, Grindrod Limited (Grindrod), the 96-metre-long vessel has the capacity to handle up to 1,000 tons of containerised cargo, the equivalent of twenty-one trailers.

Africa Finance Corporation Appoints Emeka Emuwa as Chairman of Board
Mr. Emuwa brings a wealth of experience spread over three decades leading and transforming banking institutions across Africa. After completing a sterling 25-year career with Citibank where he left as the Country Officer and Managing Director of Citibank in Nigeria, he went on to serve as the Group Managing Director and Chief Executive Officer of Union Bank of Nigeria.

Africa Specialty Risks Awarded Silver Medal from EcoVadis in 2024
For the second consecutive year, Africa Specialty Risks Ltd has been awarded a Silver Medal from EcoVadis in 2024, in recognition of its sustainability efforts. This achievement positions ASR in the top 87th percentile among all companies assessed across 175 countries and 200 industries in 2024, and top 15% across industry peers.

Aon: Top Risks Facing Natural Resources Organizations
As the global population continues to grow, there is a corresponding rise in the demand for natural resources to meet the needs of communities and help economies to grow. Balancing the ever-increasing demand for raw materials with the limitations of Earth’s finite resources is a complex challenge. Natural resources companies — such as those in the oil, gas and petrochemicals, power generation and distribution, renewables and mining industries — are facing many challenges.

Miranda named «Lusophone Africa Law Firm of the Year» in the Chambers Africa Awards 2024
Miranda & Associados was recognised as the winner of "Lusophone Africa Law Firm of the Year" in the Chambers Africa Awards 2024, which was announced on 24th January 2024.

RMB invests in leading climate tech company KOKO as part of carbon business growth
RMB has announced a strategic partnership with climate technology leader KOKO, where it has acted as the lead mandated arranger and financier for a pioneering carbon financing solution, to further propel KOKO’s climate objectives.

BMI Research Webinar - Sub-Saharan Africa Macro Key Themes For 2024: Faster Headline Growth Masks Underlying Challenges
BMI (A Fitch Solutions Company) is hosting a webinar on 25 January, where experts will cover the six themes that BMI expect to dominate the regional outlook in 2024.

Ninety percent of CEOs are waiting for GenAI to move past the hype or experimenting in small ways
Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, however, leaders are struggling to convert hype into reality.

Copperbelt Energy has announced that the first tranche of the US$200 million green bond programme was oversubscribed by over 178%
Subsequent to the First Green Bond registration announcement at the COP 28 on 5 December 2023 in Dubai, The Copperbelt Energy Corporation PLC (CEC) is delighted to announce that the first tranche subscription towards the US$200 million green bond programme was oversubscribed by over 178 percent.

Miranda & Associados: Investing Beyond Borders Podcast
This week , Miranda & Associados brings you news on the impact of COP28 in the Miranda Alliance jurisdictions, energy transition projects in Angola, Mauritania, Mozambique and Portugal and other major developments in their jurisdictions. Sit back, relax, and enjoy Investing Beyond Borders.
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.