The 2023 edition of the African Energy Week (AEW) conference and exhibition has been concluded in Cape Town, South Africa, with forward-looking remarks delivered by African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk. Highlighting the week’s dialogue and deals, Ayuk committed to AEW returning bigger and better in 2024.

African Nuclear Energy Commission Advocates for Nuclear Power in Africa

The significant advantages of nuclear energy in addressing Africa’s energy needs and eradicating energy poverty have been highlighted during a panel discussion at African Energy Week, in Cape Town. Enobot Agboraw, Executive Secretary of the African Commission on Nuclear Energy noted factors including longevity, cost-effectiveness and the environmental resilience of nuclear power as reasons why…

Read More
The National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners have signed three (3) memorandum of Understandings (MoUs) for new projects valued at $2 billion.

NASENI, 3 Chinese Companies Sign MoUs for new projects valued at $2 billion. 

The National Agency for Science and Engineering Infrastructure (NASENI) and 3 Chinese Companies have signed memorandum of understanding for new projects valued at $2 billion.  At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering…

Read More
The 2023 edition of the African Energy Week (AEW) conference and exhibition has been concluded in Cape Town, South Africa, with forward-looking remarks delivered by African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk. Highlighting the week’s dialogue and deals, Ayuk committed to AEW returning bigger and better in 2024.

2023 African Energy Week draws to a close in Cape Town

The 2023 edition of the African Energy Week (AEW) conference and exhibition has been concluded in Cape Town, South Africa, with forward-looking remarks delivered by African Energy Chamber (AEC) (www.EnergyChamber.org) Executive Chairman NJ Ayuk. Highlighting the week’s dialogue and deals, Ayuk committed to AEW returning bigger and better in 2024. The conference week featured a…

Read More
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of EUR 74.25 million to Cameroon in Abidjan to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will support the Cameroonian government to implement the reforms necessary in the energy sector in 2024 and 2025 so that, in the long term, the country can produce enough electricity to cover its national requirements of 5,000 megawatts and build a reserve to export energy to neighbouring countries, particularly Chad.

Climate Change: AfDB grants over 13 million Dollars to Burundi

The Board of Directors of the African Development Bank Group (www.AfDB.org) granted funding of USD 13.15 million to Burundi on 5 October 2023, to help the country implement Phase 1 of the Water Sector and Climate Resilience Building Support Programme. The funding comes from the Transition Support Facility (https://apo-opa.info/3CSPRhx), one of the Bank’s funding mechanisms aimed…

Read More

VC4A receives Prestigious International Finance Corporation (IFC) ScaleX Award for Supporting Women-led Startups to Raise Capital

VC4A (https://VC4A.com/), the leading platform that strengthens the startup community in emerging markets, has been honored with a prestigious IFC ScaleX award for its contribution to the support of women-led startups in securing capital after completing an accelerator program. Of 170 accelerators, VC4A was selected among the top 5 by the International Finance Corporation (IFC),…

Read More

Accredify beats 260 startups to win the 2023 Supernova Challenge

Accredify, a Singapore-based startup and service provider for issuing verifiable documents and information, has emerged as the champion of the 2023 Supernova Challenge at Expand North Star Dubai (https://www.ExpandNorthStar.com/), the world’s largest startup event. The startup received the $100,000 grand prize after an intense final round of pitching against 27 global finalists from 521 entries….

Read More
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of EUR 74.25 million to Cameroon in Abidjan to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will support the Cameroonian government to implement the reforms necessary in the energy sector in 2024 and 2025 so that, in the long term, the country can produce enough electricity to cover its national requirements of 5,000 megawatts and build a reserve to export energy to neighbouring countries, particularly Chad.

African Development Bank, African Guarantee Fund kick off Affirmative Finance Action for Women in Africa (AFAWA)

The African Development Bank Group (www.AfDB.org) and the African Guarantee Fund have made a strong case for the positive impact of increasing women’s financial inclusion on Nigeria’s economy before an audience of senior Nigerian government and banking leaders. The two institutions opened the AFAWA Finance Series Nigeria, part of the African Development Bank’s Affirmative Finance…

Read More