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Renewables Sub-Saharan Africa
Namibia fund takes stake in Hyphen Hydrogen
SDG Namibia One Fund has signed a share subscription agreement with Hyphen Hydrogen Energy for its 2 million tonne per year green hydrogen and ammonia project, taking a 24% stake
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Renewables Sub-Saharan Africa
AHP and partners make hydrogen commitments
African Hydrogen Partnership, MENA Hydrogen Alliance and Hydrogen Europe have outlined commitments to strengthen their cooperation to speed up and scale up the energy transition with clean hydrogen
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Telecoms Sub-Saharan Africa
Center3 acquires pan-African teleco CMC Networks
Saudi-based telecom company Center3, a wholly owned subsidiary of the Saudi Telecom Company Group, has entered into a definitive agreement for the acquisition of the South African network solutions provider CMC Networks
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Renewables Sub-Saharan Africa
UPDATE: TotalEnergies-led consortium reach FC on solar, battery project
A consortium of TotalEnergies, Hydra Storage Holding and Reatile Renewables has reached FC on a 216MW solar plant and 500MW battery energy storage system in Northern Cape, South Africa
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Renewables Sub-Saharan Africa
OMAI acquires 35% equity in TotalEnergies’ Hydra Storage
Old Mutual Alternative Investments has announced a R158 million investment through its hybrid equity division into TotalEnergies’ Hydra Storage project
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Mining Sub-Saharan Africa
Bushveld Minerals takes ownership of SA vanadium mine
Vanadium producer Bushveld Minerals has taken full ownership of the Vametco vanadium mine and production facility after meeting conditions and receiving final approval from the South African Reserve Bank
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Renewables Sub-Saharan Africa
ACWA Power, Eskom sign PPA for SA DAO project
ACWA Power has signed a PPA with Eskom for its $800 million, 150MW dispatchable renewable energy project in Northern Cape, South Africa – expected to be the country’s largest hybrid dispatchable project
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Renewables Sub-Saharan Africa
Scatec reaches FC on 60MW of Botswana's Mmadinare solar
Norwegian renewable power producer Scatec has reached FC on the first 60MW of the120MW Mmadinare solar complex in Botswana
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Transport Sub-Saharan Africa
Mauritania’s AN-ZF calls for bids for deep water port
Mauritania’s Nouadhibou Free Zone Authority has called for private operators to submit bids under a PPP concession for the implementation and operation of a deep water port project in Nouadhibou
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Renewables Sub-Saharan Africa
Solarcentury Africa to DBFO solar plant for Zimbabwe gold mine
UK energy company Solarcentury Africa has signed a partnership agreement with Dallaglio Investments to construct a 7MW solar power plant at the Eureka Gold Mine in Guruve, Zimbabwe
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Renewables Sub-Saharan Africa
IFC invests $50m in A.P. Moller EMIF II fund
The International Finance Corporation will invest $50 million in equity to A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II to address infrastructure gaps, facilitate trade and boost access to renewable energy in Africa and Asia
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Renewables Sub-Saharan Africa
AfDB, ICIEC partner to fund Côte d’Ivoire ESG projects
African Development Bank and the Islamic Corporation for the Insurance of Investment and Export Credit have signed a strategic risk-sharing engagement to support the financing of ESG projects in Côte d’Ivoire
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Renewables Sub-Saharan Africa
Afrigreen Fund agrees $20m for Watt's Nigerian solar
Afrigreen Debt Impact Fund and Watt Renewables Corporation have entered into a $20 million framework agreement to finance solar hybrid power plants in Nigeria
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Renewables Sub-Saharan Africa
Engie, Meridiam reach FC on BTE Renewables acquisition
French IPP Engie and asset manager Meridiam have reached FC on the acquisition of Africa-focused renewable energy company BTE Renewables, gaining its South African and Kenyan assets
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Oil & Gas Sub-Saharan Africa
Mozambique to create sovereign wealth fund for O&G
The Mozambican parliament has approved a law creating a national sovereign wealth fund to capture receipts from oil and liquefied natural gas exploration, counteract O&G revenue and price volatility and ensure long-term economic development
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Renewables Sub-Saharan Africa
InfraCorp, Solarge partner for Nigerian solar manufacturing
African Green Infrastructure Investment Bank has facilitated a partnership between Infrastructure Corporation of Nigeria and Solarge to establish a solar panel manufacturing factory in Nigeria
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Transport Sub-Saharan Africa
CCECC taskforce inspects Tanzania-Zambia rail
A taskforce composed of China Civil and Engineering and Construction Corporation officials is undertaking a business and technical inspection of the Tanzania-Zambia Railway
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Renewables Sub-Saharan Africa
Red Rocket FC on Witberg Wind Farm, SA
Renewable energy developer Red Rocket has reached financial close on its 108MW Witberg Wind Farm at Matjiesfontein in the Western Cape, South Africa
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Power Sub-Saharan Africa
EDF named strategic partner for Mozambique hydro
A consortium of EDF, TotalEnergies and Sumitomo Corporation has been selected as strategic partner by the Government of Mozambique for the Mphanda Nkuwa hydropower project