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Revego Africa Energy Limited invests in South African solar power plant
Revego Africa Energy Limited (Revego), has announced its first major acquisition, in the form of a 12% stake in the 50 MW Bokpoort Concentrated Solar Power (CSP) asset in the Northern Cape for R204 million.ALYI adds self-drive rentals to electric motorcycle rideshare program targeting $4 billion African market
Alternet Systems, Inc. has announced expanding its plans to deliver its first rideshare electric motorcycles to Kenya to go into service by July of this year to include additional electric motorcycles for the self-drive rental market.New Hapag-Lloyd East Africa service to arrive in Kenya and Tanzania
The new Hapag-Lloyd East Africa Service 3 (EAS3) is scheduled to arrive in Kenya and Tanzania next week. The new service will offer excellent connections to Hapag-Lloyd’s global network; Seven 2,800 TEU vessels being deployed in the service.Africa Communications Media Group appoints Linda Weaver as new Chief Operations Officer
Linda Weaver has been appointed Chief Operations Officer (COO) of Africa Communications Media Group (ACG), the African-owned, pan-African firm handling communications and reputation management for global clients in the African context.GoldStone commences mining and ore stacking at the Homase mine in Ghana
GoldStone Resources announced that mining and ore stacking at the Homase Mine within its Akrokeri-Homase Gold Project (AKHM), in Ghana has commenced with the first mined ore having been successfully stacked onto the heap leach pad.Starsight Energy expands into East Africa
Starsight Energy announced its expansion into East Africa via the acquisition of a 50% stake in the East African operations of Premier Solar Group, a Commercial & Industrial (C&I) solar company with a focus on Sub-Saharan Africa and South Asia.[South Africa] Exxaro partners with SAICA ED to enhance financial management systems
Exxaro’s Enterprise and Supplier Development (ESD) initiative announced a collaboration with SAICA Enterprise Development (SAICA ED), to implement Financial Excellence Programme to allow the mining company’s suppliers enhance financial management systems.Sungrow partners with JCM Power and InfraCo to construct Malawi's first solar-plus-storage project
The 20MWac solar PV and 5MW/10MWh energy storage project is set to become a leading project in sub-Saharan Africa in demonstrating the value of solar PV coupled with energy storage.[South Africa] Airlink's city to bush-lodge flights open for sale
Airlink, the independent Southern African regional airline, will restart its safari lodge air transfer service effective 1 July 2021.[Interview] Moulaye Taboure, Co-founder, Afrikrea e-Commerce
Moulaye Taboure is the CEO/Co-founder of Afrikrea, an Africa focused e-commerce platform operating out of Côte d’Ivoire.DHL-Ethiopian Airlines Logistics Services appoints Silvio Weiland as GM Ethiopia
DHL-Ethiopian Airlines Logistics Services, a joint venture company by DHL Global Forwarding (DHL) and Ethiopian Airlines, has appointed Silvio Weiland as general manager to oversee the strategic direction of the business in the country.Kasada Capital Management acquires the largest hospitality complex in Namibia
Kasada will rebrand the hotels utilizing the management skills, expertise and marketing resources available from its strategic partnership with Accor and its portfolio of renowned international hotel brands.KBR awarded engineering contract for BUA's project in Nigeria
Science, technology and engineering solutions provider KBR, announced it has been awarded a contract to complete the Front-End Engineering Design (FEED) for BUA Group's new, modern refinery facility in Nigeria.Shelter Afrique partners with Triangle Real Estate to develop housing units for South Sudan Defense Forces
The Project scope includes the development of 148 housing blocks of 160 housing units each at New Site, Qiada Junubiya, J-3 Presidential Guards Apartments, and at New Bonga.World Bank, Republic of Congo sign agreement to reduce carbon emissions, preserve forests
The Republic of Congo signed an agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), that will unlock up to $41.8 million for reducing emissions from deforestation and forest degradation and increasing carbon sequestration.[Nigeria] Starsight energy expands into East Africa
Starsight Energy is delighted to announce its expansion into East Africa via the acquisition of a 50% stake in the East African operations of Premier Solar Group, a market-leading Commercial & Industrial (C&I) solar company with a focus on Sub-Saharan Africa and South Asia.[Column] Vinod Madhavan : After a cautious start, Africa’s policymakers should accelerate adoption of AfCFTA
If successful, AfCFTA is expected to boost intra-African trade from the low levels of c. 17% seen today, which in turn will promote industrialisation and economic growth.Swedish engineering company Sandvik to acquire South African screens and feeders manufacturer Kwatani
Sandvik signed a deal to acquire the South African based company Kwatani, the supplier of screens and feeders for the mining industry.Legatum Center launches inaugural Legatum Foundry Fellowship for entrepreneurs in Africa
At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators.[South Africa] Kgatelopele Lime acquires PPC Lime for $39.1m
PPC and Kgatelopele Lime announced they have reached an agreement for the sale of PPC Lime to Kgatelopele Lime for $39.1million.Metito utilizes 50 per cent of IFC financing package value to boost its investments in Egypt
Metito will boost its investments in Egypt through developing more sustainable projects and new technologies by securing additional liquidity and working capital.Invest Africa, DLA Piper partner to support ESG best practice in African renewable energy projects
Global law firm DLA Piper has partnered with Invest Africa, the trade and investment platform for African markets, to support the development of ESG best practice in African renewable energy projects.[Kenya] KEBS approves standards to strengthen resilience and continuity for businesses
Business continuity has become even more important this year as organisations look for strategies to ensure a quick resumption of service in the event of a major disruption, such as the COVID-19 pandemic.ACWA Power leads South Africa’s largest renewable energy project Redstone CSP to financial close
At ZAR 11.6 billion total investment, the Redstone project is the largest renewable energy investment in South Africa to date.[Column] Phyllis Wakiaga: Regulatory overreach is impeding economic growth
Naturally, regulations are a prerequisite for any nation or institution. When effectively implemented, they create an enabling environment for competitiveness by enforcing fair business practices
