(Posted 15th June 2023)
CCA MEMBERS IN THE NEWS
DFC, Standard Bank approve funding for Renergen’s next phase
Energy Voice
The US International Development Finance Corporation (DFC) has approved senior debt funding of $500 million for South Africa’s Renergen. The cash would go to backing the second phase of Renergen’s Virginia gas project. The DFC held a board of directors meeting on June 6, with the Renergen project on the agenda… Read more>>
Lady Gaga Partners with Pfizer to Raise Migraine Awareness
Pfizer
June is Migraine and Headache Awareness Month, and in keeping with this year’s theme, “Educate Yourself, Educate Others,” Pfizer is partnering with Lady Gaga to raise awareness of this often-misunderstood disease… Read More>>
Today News Africa
Senior Biden administration officials claimed on Tuesday that substantial gains have been made in US-Africa relations six months after the second US Africa Leaders Summit, hosted by President Joe Biden in December 2022… Read more>>
Gen. Langley visits Somalia and Kenya
United States Africa Command
U.S. Marine Corps Gen. Michael Langley, commander, U.S. Africa Command, visited Mogadishu and Kismayo, Somalia June 13-14. In Mogadishu, Langley met with President Hassan Sheikh Mohamud, Somalia Minister of Defense, Abdulkadir Mohamed Nur, senior State Department and defense officials, and African Union Transition Mission in Somalia (ATMIS) troops to discuss shared priorities and operations, such as our shared fight against al Shabaab… Read more>>
Africa.com
Many African countries are moving to develop scalable renewable energy resources to fill the gap. These include solar PV, wind, hydro, geothermal, ethanol and biogas resources… Read more>>
Understanding the Energy Crisis in South Africa
Earth.org
South Africa is currently grappling with its most severe energy crisis, marked by frequent and extended blackouts that can last up to 10 hours a day or even longer. President Cyril Ramaphosa and the government face mounting pressure to address the decades-long crisis, which has far-reaching implications for the country’s economy, social welfare, and overall development. To understand the causes of this energy crisis and what’s behind the persistent blackouts, it is essential to examine a combination of factors ranging from mismanagement and corruption to reliance on coal and inadequate investment in alternative energy sources… Read more>>
South Africa’s power crisis will continue until 2025 – and blackouts will take 5 years to phase out
Yahoo News
South Africa is in the middle of a severe electricity crisis, with enforced power cuts that have worsened every year. Electricity is sometimes unavailable for 10 hours a day. The shortfall is the consequence of frequent breakdowns at its ageing coal power plants, which constitute 74% of the country’s generating capacity… Read more>>
Contracting services to enhance climate action at the local level
Ministério da Agricultura e Ambiente
The Luxembourg Agency for development Cooperaton (LuxDev) launches a Call for expressions of interest for Contractng services to enhance climate acton at the local level on behalf of Climate Acton Programme (CVE/401) receiving fnancial support from the governments of the Republic of Cabo Verde and the Grand-Duchy of Luxembourg… Read more>>
Supply, Installation and Commissioning of Grid-Connected Photovoltaic Systems for self-consumption of the Health Centers of Cabo Verde and Equipment for Energy Efficiency
Ministério das Finanças e do Fomento Empresarial
The Government of Cabo Verde has received a financing from the World Bank toward the cost of the Cabo Verde Renewable Energy and Improved Utility Performance Project, and it intends to apply part of the proceeds for contract for Supply, Installation and Commissioning of Grid-Connected Photovoltaic Systems for self-consumption of the Health Centers of Cabo Verde and Equipment for Energy Efficiency… Read more>>
Reuters
South African lawmakers agreed a new health insurance bill on Tuesday, paving the way for universal healthcare to millions of poorer citizens in a major overhaul of a two-tier system… Read More>>
Building an equitable and sustainable approach to cancer
Astra Zeneca
Advances in precision medicine and detection technology have revolutionised the diagnosis and treatment of diseases worldwide as demonstrated at many booths at the Africa Health Excon in Egypt last week… Read more>>
In scramble for EV metals, health threat to workers often goes unaddressed
The Washington Post
As demand for electric vehicles has soared in recent years, automakers have rapidly turned to manganese, a common and relatively inexpensive mineral that is already used in about half of rechargeable batteries and is seen as key to making supply chains more reliable and cars more affordable. The industry’s demand for manganese has quintupled over the past five years, and analysts predict it could increase a further ninefold by 2030… Read more>>
Devdiscourse
Deputy President Paul Mashatile has urged investors to continue investing in the country as more needs to be done to change the fortunes of the economy and create enough jobs to absorb new labour market entrants… Read more>>
Ghana regains its posiiton as Africa’s top gold producer but at a very terrible cost
Business Insider Africa
After a 32% increase in gold output in the previous year, Ghana reclaimed its position as Africa’s top producer of metal. The development was ascribed by the Ghana Chamber of Mines to a rise in output from both small- and large-scale mining… Read more>>
Africa has the largest floating PV power generating potential (report)
Ecofin Agency
The report reveals that the continent has over 100,000 square kilometers of freshwater reservoirs that could be used for floating solar farms. Exploiting just 1% of this surface area would give a 100GW potential, more than eight times the continent’s overall installed solar capacity.. Read more>>
Middle East and Africa Generator Sales Market is anticipated to reach USD 5.04 Billion market size by the end of the forecast period 2028
Digital Journal
The MEA region experiences challenges in power infrastructure, including frequent power outages, voltage fluctuations, and an unreliable grid. This drives the need for backup power solutions such as generators to ensure a continuous and reliable power supply… Read More>>>
ICT
Techcabal
Kenya’s 5G network is led by Safaricom. However, the Communications Authority of Kenya, has not been forthcoming about 5G license fees, but there is a reason for that. While Western countries are leading in the adoption of 5G coverage, several African countries have been catching up with the 4G successor. Kenya, Mauritius, Madagascar, Nigeria, Seychelles, South Africa, and many others are among these African countries… Read More>>Angola Debuts Terrestrial Fiber Route to Johannesburg
Energy Capital Power
Angola’s network operator, Angola Telecom, has partnered with technology group, Liquid Dataport, to launch a new terrestrial fiber route between Luanda and Johannesburg, South Africa. The new fiber route will offer a significant addition to Liquid Dataport’s existing 110,000km network, and will traverse the Democratic Republic of the Congo, Zambia, and Zimbabwe, providing regional customers with affordable high-speed connectivity, thus improving connectivity between Angola and the Common Market for Eastern and Southern Africa (COMESA)… Read more>>
Kenya to fix FM transmission limitations with new technology
Techcabal
Digital sound broadcasting (DSB) is a better technology than FM and has many advantages. However, it is unavailable to most Africans but is accessible in South Africa and Tunisia. Kenya’s ICT regulator, the communications authority (CA), has announced plans to pilot digital sound broadcasting (DSB) anytime from September 2023. DSB is a technology that uses digital signals to transmit audio content. It is a more efficient use of spectrum than traditional analog broadcasting… Read More>>
FINANCE
Visa Announces Launch of Africa Fintech Accelerator Program
Yahoo Finance
New Visa initiative to support Africa’s Fintech start-ups and entrepreneurs, providing training, connections, technology, and investment opportunities for up to 40 fintechs each year… Read More>>
Africa’s Youth Potential; Monetizing Forests: New Economy
Yahoo Sports
Africa’s very young population presents “great investment potential,” said Roberta Annan, co-founder of the Impact Fund for African Creatives.Governments need to provide grants, opportunities and access to capital for the youth, which can help reduce risk and persuade the private sector to co-invest with them, Annan said at the Bloomberg New Economy Africa Gateway in Marrakesh, Morocco, on Wednesday… Read More>>
TOURISM
Resilient Tourism and Blue Economy Development in Cabo Verde Project
Ministério das Finanças e do Fomento Empresarial
The Government of the Republic of Cabo Verde has received from the Internatonal Development Associaton – IDA/ World Bank (hereafer named “World Bank”), a Credit (hereinafer called “Credit”) toward the costs of the Resilient Tourism and Blue Economy Development in Cabo Verde Project and intends to apply part of the proceeds for consultng services. The objectve of the Project is to increase diversity and resiliency in the tourism ofering and SME partcipaton in tourism-related value chains in targeted destnatons… Read More>>
