Month: August 2025

  ZESCO Limited (ZESCO), Zambia's national electricity utility, and Anzana Electric Group (Anzana) (www.Anzana.com) have committed to the key terms of a joint venture for the electrification of millions of people on the Zambian portion of the Lobito Corridor. The US$300 million investment will enable the rehabilitation and expansion of the national electricity network to provide first-time grid-connections for nearly 2 million Zambians by 2030, in alignment with the Zambian Government’s […]

  Independent oil and gas exploration firm Rhino Resources has confirmed its participation as a Gold Partner at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. The company’s involvement underscores its commitment to unlocking Africa’s hydrocarbon potential in support of AEW’s mission to make energy poverty history by 2030. Rhino Resources is advancing a robust portfolio of exploration […]

  The African Energy Chamber (AEC) (https://EnergyChamber.org) has officially opened an international office in Shanghai, China, aimed at strengthening cooperation between African governments and energy companies and their counterparts in China. The office – aligned with the AEC’s vision of creating a global energy network where Africa is not just a participant, but a driving force – is expected to spearhead a new era of economic diplomacy while fostering cross-continental […]

  Maia Capital Partners (www.MaiaCapital.co.za) through its Maia Debt Impact Fund I, (“Maia Capital”) announced today that they have provided mezzanine debt funding to Student Living Asset Management (“SLAM”), a South African real estate private equity fund specialising in student accommodation, to acquire a 51% majority stake in the landmark 1,026-bed residence in Stellenbosch, South Africa called Academia. Academia is the largest student residence in Stellenbosch, solidifying SLAM’s position as […]

  Following are UN Secretary-General António Guterres’ remarks to the ninth Tokyo International Conference on African Development (TICAD), in Yokohama today:  I thank the Government and people of Japan for your hospitality and generosity — and all co-organizers for your commitment to Africa. For more than three decades, TICAD has embodied the spirit of multilateralism — grounded in mutual respect, shared responsibility and a deep belief in Africa’s potential.  With […]

  Members of the PFDJ from various sub-zones of Asmara voluntarily donated blood on 19 and 20 August to enrich the blood supply of the National Blood Transfusion Service. Participants were from the sub-zones of Sembel, Godaif, Gejeret, Tsetserat, and Arbaete Asmara. Mr. Tekle Habte, coordinator of organization and promotion at the National Voluntary Blood Donors Association, commended the voluntary blood donors in the Central Region for their regular contributions […]