insert_link APO International Climate Fund Managers (CFM) appointed to manage Southern African Power Pool’s (SAPP) USD$1.3 Billion Regional Transmission Infrastructure Financing Facility (RTIFF) New facility to strengthen Southern African power grid by funding cross-border energy transmission infrastructure; Blended finance mechanism enables participation of private and public capital at scale; Enhanced access to reliable, affordable, and renewable energy in 16 SADC member states. The Southern African Power Pool (SAPP), in partnership with the Southern African Development Community (SADC), today announced the appointment of climate-centric blended finance fund manager Climate Fund Managers (CFM) to manage its Regional […] todayMarch 5, 2024 9
insert_link APO International Who Pressed Pause? How Stalled Negotiations Can Keep Equatorial Guinea from Being a Gas Mega Hub (By NJ Ayuk) By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). Will Equatorial Guinea fulfill its promise as a gas “mega hub,” or will stalled negotiations turn what should be a national economic boon into a missed opportunity? The answer depends largely on how quickly the country can nail down gas supply agreements from Nigeria and Cameroon. Right now, things don’t seem to be moving nearly fast enough. As the African Energy […] todayMarch 5, 2024 3
insert_link APO International APO Group appoints Bas Wijne as Chief Operating Officer APO Group (www.APO-opa.com), the premier award-winning Pan-African communications consultancy and press release distribution service, is delighted to announce the appointment of Bas Wijne as Chief Operating Officer (COO). In his new role, Bas will look to help the company continue its impressive growth trajectory after year-over-year revenue increases of 40% in 2021 and 60% in 2022. Bas will be responsible for enhancing operational processes, coordinating the integration of new technical […] todayMarch 5, 2024 3
insert_link APO International Deel is Acquiring PaySpace, solidifying Deel as market leader in global payroll Global HR company Deel (www.Deel.com) announced today that it is acquiring African-based payroll and HR solution company PaySpace (www.PaySpace.com) for an undisclosed amount. It is one of Deel’s largest acquisitions to date. PaySpace has more than 20 years of payroll technology experience, providing payroll engines and HR services in 44 countries across Europe, Latam, Middle East and Africa for more than 14,000 customers. Its size, expertise, and proprietary disruptive payroll technology give […] todayMarch 5, 2024 6
insert_link APO International Africa Finance Corporation (AFC) Investee Dynamic Mining Shines with Sustainability Award at 2024 Mining Indaba Africa Finance Corporation’s (www.AfricaFC.org) investee company Dynamic Mining SAS has received the award for Community Engagement at the Responsible Resourcing Awards, held on the sidelines of the recently concluded African Mining Indaba in Cape Town. Now in its third year, the Responsible Resourcing Awards recognises and celebrates initiatives that promote sustainable mining and positive ESG practices. It also spotlights the innovation and dedication of junior miners advancing responsible mining by […] todayMarch 5, 2024 9
insert_link APO International In the race to digital wallets, don’t forget cash (By Juan Seco) Success in the digital payment space will hinge on the ability of new players and incumbents to converge the physical and digital experience into a seamless continuum for the customer. Extending the digital solution to a cash-based customer requires a “phygital” approach, writes Juan Seco, Chief Growth Officer at Mukuru (www.Mukuru.com). Digital wallet use, especially in Africa, makes sense when so many people live in rural areas where there isn’t […] todayMarch 5, 2024 4
insert_link APO International Invest in African Energy (IAE 2024): East African Crude Oil Pipeline (EACOP) Spokesperson to Share Project Updates Representing one of the most transformative projects on the continent, Cheick Omar Diallo, TotalEnergies Spokesperson for the Tilenga – East African Crude Oil Pipeline (EACOP) project, will speak at the upcoming Invest in African Energy (IAE) forum in Paris on May 14-15. Developed by TotalEnergies, Uganda National Oil Company, Tanzania Petroleum Development Corporation and China National offshore Oil Corporation, EACOP represents the largest single investment in both Uganda and Tanzania, […] todayMarch 5, 2024 7
insert_link APO International EcoFlow Launches PowerStream, Helping Home Stay Powered During Load Shedding EcoFlow (za.EcoFlow.com), a leading eco-friendly energy solutions company, has reached a new milestone with the launch of its latest innovation, the PowerStream (https://apo-opa.co/3Tiz7Jv), a mini home solar system that potentially helps users save on energy bills. This groundbreaking expandable system can also provide backup power when connected to a portable power station, making it a simple, flexible, and reliable energy source at home. With over 2.5 million users worldwide, EcoFlow […] todayMarch 5, 2024 3
insert_link APO International Women to Lead Next Generation of South Sudanese Energy South Sudan plans to increase oil production to 230,000 barrels per day (bpd) by 2026 and develop a 60,000-bpd refinery to meet domestic demand. Achieving these goals will require increased investment in exploration as well as enhanced human capital development. As the country looks towards the next generation of energy, women are poised to play an important role in bringing new levels of innovation to the market. Given the rising […] todayMarch 5, 2024 3