Mozambique and Zambia are set to sign a groundbreaking agreement for the construction of a US$1.5 billion (€1.3 billion) petroleum products pipeline, marking a significant […]
Tag: sustainable development
Kano Eyes $10 Billion Energy Investment from Morocco
The Kano State Government is setting the stage for an ambitious leap in clean energy and mineral development, aiming to attract over $10 billion in […]
Davis & Shirtliff and Flowserve Partner to Boost Industrial Efficiency in East and Central Africa
In a move set to redefine the industrial supply landscape in East and Central Africa, Davis & Shirtliff (D&S), a leading water and energy solutions […]
Mozambique and Zambia to Sign $1.5 Billion Pipeline Agreement to Boost Regional Fuel Transport
Mozambique and Zambia are set to sign a groundbreaking agreement for the construction of a US$1.5 billion (€1.3 billion) petroleum products pipeline, marking a significant […]
South Africa’s G20 Push for Local Processing of Transition Minerals Faces Barriers
Will Minerals Giant China Support a Plan to Help Developing Countries Build Their Own Value Chains? As chair of the Group of 20 (G20) nations […]
Appian Capital Advisory Acquires Majority Stake in Rosh Pinah Solar Park
Advancing Clean Energy for Sustainable Mining Operations in Namibia In a significant move towards sustainable mining operations, Appian Capital Advisory LLP (Appian) has announced its […]
International Day of Clean Energy: Empowering Women and Transforming Lives in Africa
International Day of Clean Energy January 26th: African Development Bank promotes women’s empowerment through sustainable energy business development. When Grace Akingurwaruh signed up to become a seller of coal-efficient, improved-cooking stoves, she had no idea that she’d be successful enough to purchase her first smartphone – a godsend which enables her to remain in regular contact with her customers and get new business.
Caterpillar’s Century-Long Presence in Africa: Building a Sustainable Future
Caterpillar, a global leader in manufacturing construction and mining equipment, industrial engines, and diesel-electric locomotives, has had a longstanding presence in Africa for nearly 100 years. The company’s journey on the continent highlights a deep commitment to fostering sustainable growth and infrastructure development.
Sustainable Mining Practices: How African Countries Are Managing the Environmental Impact of Increased Mining Activity for Green Energy
Sustainable Mining Practices: How African Countries Are Managing the Environmental Impact of Increased Mining Activity for Green Energy
AfDB approves USD170-million for Egypt’s largest wind energy project
The board of directors of the African Development Bank (www.AfDB.org) has approved a loan of up to USD170-million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative.
Kodal and Mali Government Sign MoU for Bougouni Lithium Project Transfer
Kodal Minerals has entered a binding memorandum of understanding (MoU) with the Malian government to finalize the transfer of the Bougouni lithium project mining license to Les Mines de Lithium de Bougouni SA (LMLB). This agreement follows a $117.5 million investment from Hainan Group and is governed by the 2023 Mining Code of Mali. Key provisions of the MoU include the allocation of a 35% equity interest in LMLB to the Malian State and local investors, with customs and duties exemptions during the construction phase. Kodal Minerals CEO Bernard Aylward emphasized that this milestone solidifies the project’s future and underscores the strong partnership between Kodal and the Malian government, with production expected to begin in the first quarter of 2025.
Africa Adaptation Acceleration Program Wins Top NDC Adaptation Investment Award for Groundbreaking Climate Efforts
The Africa Adaptation Acceleration Program (AAAP) has been awarded the “Best Investable NDC Adaptation Investment Initiative of the Year” at the 2024 African NDC Investment Awards. Launched by the African Development Bank and the Global Center on Adaptation, AAAP aims to mobilize $25 billion by 2025 to drive climate adaptation projects across Africa, focusing on infrastructure, food security, and youth entrepreneurship. The program has already raised over $9 billion and is transforming lives in 41 countries.
Investing in Africa’s Manufacturing Growth – A Pathway to Sustainable Prosperity
Africa’s manufacturing sector is emerging as a key engine of growth, offering unparalleled investment opportunities as the continent urbanizes and industrializes. With a rapidly expanding population and middle class, Africa is becoming a robust market for high-quality goods. The continent’s abundant natural resources and strategic location between major global markets further enhance its appeal. Supported by progressive policies and technological advancements, Africa is poised for a manufacturing renaissance that can drive economic diversification, create jobs, and elevate living standards. Now is the time for investors to seize this opportunity and contribute to Africa’s sustainable prosperity.
Africa’s Clean Energy Surge: A Beacon of Hope in Declining Foreign Investments
Despite a slight decline in overall foreign investment flows to Africa in 2023, the continent’s clean energy sector has seen a remarkable surge, attracting significant global interest. Noteworthy investments include a $34 billion green hydrogen project in Mauritania and over $10 billion for wind and solar projects in Egypt, South Africa, and Zimbabwe. These developments highlight Africa’s growing commitment to sustainability and its potential to lead in renewable energy, driving economic growth and environmental progress.
Atlantic Lithium Makes History on Ghana Stock Exchange
On May 13th, 2024, Atlantic Lithium made history by becoming the first lithium-focused company to trade on the Ghana Stock Exchange (GSE) under the ticker “ALLGH.” This milestone marks the beginning of Ghana’s first lithium mine, the Ewoyaa Lithium Project, which is set to produce 365,000 tonnes of spodumene concentrate annually. The listing offers Ghanaians a unique investment opportunity and signifies a major step in the country’s economic and green energy transition efforts.