Month: September 2024

 Leaders from Africa convening on the sidelines of the 79th United Nations General Assembly (UNGA), have called for concerted effort  against a “Perfect Storm” of converging crises threatening to derail decades of progress in the fight against malaria in Africa. This high-level fireside chat, hosted by the African Leaders Malaria Alliance (ALMA) (www.ALMA2030.org), emphasised the urgent need for an accelerated effort to overcome these challenges and accelerate towards malaria elimination. […]

 Italian multinational oilfield services company Saipem announced it has pre-qualified to carry out EPCC works for Production Platform E – part of the $8-billion Structures A&E Development Project – during the Libya-Italy Roundtable and VIP Networking Event in Rome on Monday. Led by Mellitah Oil&Gas – a joint venture between Italian multinational Eni and Libya’s National Oil Company – the Structures A&E project aims to increase gas production to supply […]

 The first phase of the Greater Tortue Ahmeyim (GTA) LNG project – situated on the maritime border of Mauritania and Senegal – will begin production by the end of 2024. Ahead of this milestone, Mauritania’s Minister of Petroleum and Energy Mohamed Ould Khaled has joined the African Energy Week (AEW): Invest in African Energy conference -  taking place November 4-8 in Cape Town. During the event, Minister Khaled is expected […]

 By Erick Wessels, Sales Director, RS South Africa (www.Africa.RSdelivers.com). The mining industry is facing significant challenges, from financial pressures leading to reduced margins and demanding stakeholders adding to procurement costs. Success in such an environment requires partnering with a supplier that is collaborative, flexible, and forward-thinking. RS stands as the ideal partner to help businesses in the mining sector achieve their goals while saving time and money. Optimising supply management […]

 In a significant milestone for the Zambia Lobito Rail Project, Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the transformational railway project. The agreements, which were signed yesterday in a ceremonial signing hosted by U.S. Secretary of State Antony J. Blinken and the Biden Administration’s G-7 Partnership for […]

 In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in Malawi, the US$100-million AFTRAF agreement will enhance and maximize the capacity of NBM Plc to finance trade transactions […]

 inDrive (https://inDrive.com/en/home/) is celebrating a major milestone: the completion of 5 billion deals on its global mobility and urban services platform as of September, 2024. The landmark 5 billionth deal was sealed by a driver and passenger in Peru, marking a significant moment for inDrive since the company launched its innovative bid-based pricing model in 2012 with the goal of making ridesharing pricing fairer for both drivers and passengers. In […]

 In line with its commitment to unlock Africa’s energy market potential, pan-African legal, tax and business advisory conglomerate CLG has joined this year’s African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 in Cape Town – as a platinum sponsor. During the event, CLG will participate in high-level panel discussions, workshops and project showcases, spotlighting lucrative opportunities across Africa’s entire energy value chain. With a […]

 The Republic of Congo’s (ROC) national oil company (NOC) Société nationale des pétroles du Congo (SNPC) has joined the African Energy Week (AEW): Invest in African Energy 2024 conference – taking place in Cape Town from November 4-8 - as a Diamond Sponsor. Marking a pivotal step for the ROC, SNPC is set to officially unveil its proposed Gas Master Plan at the event as the NOC looks to unlock […]