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Renewables Sub-Saharan Africa
Kenya searches for PPP advisers
The government of Kenya has issued a request for proposals for consultants to support the country’s National Infrastructure Plan
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Renewables Sub-Saharan Africa
Standard Bank closed $300m green loan, SA
Standard Bank has closed a $300 million loan for green projects from the International Finance Corporation
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Mining Sub-Saharan Africa
Marula Mining starts Larisoro exploration, Kenya
Marula Mining, the African-focused battery metals mining and development company, has taken a commercial interest in the Larisoro manganese mine in northern Kenya
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Oil & Gas Sub-Saharan Africa
AFC closes $1.16bn syndicated loan, Africa
Africa Finance Corporation has closed its largest debt facility – a $1.16 billion syndicated loan – drawing in lenders from the Middle East, Europe and Asia to develop critical infrastructure projects in Africa
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Oil & Gas Sub-Saharan Africa
Nigeria approves infra development fund
Nigerian president Bola Tinubu has approved the Renewed Hope Infrastructure Development Fund to invest in critical national projects across Nigeria and stimulate foreign direct investment
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Telecoms Sub-Saharan Africa
Actis sells Octotel to AIIM-led consortium
Actis has agreed to sell South African fibre network operator Octotel to a consortium led by African Infrastructure Investment Managers for an undisclosed sum
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Oil & Gas Sub-Saharan Africa
Vaalco progresses Equatorial Guinea oil project
Vaalco Energy said Monday that the government of Equatorial Guinea has approved the joint operating agreement related to the Venus-Block P plan of development
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Power Sub-Saharan Africa
EXCLUSIVE Gridworks gears up to FC for Ugandan ITP
Gridworks’ $70 million Ugandan independent transmission project “Amari” is set to reach financial close in the next few months
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Transport Sub-Saharan Africa
Financing for Indorama's Nigerian growth
An International Finance Corporation-led consortium has signed a finance package for fertiliser producer Indorama Eleme Fertilizer and Chemicals to support its growth strategy at its operations in Port Harcourt, Nigeria
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Telecoms Sub-Saharan Africa
Actis to acquire Swiftnet for $355m, South Africa
UK-based emerging markets investor Actis is set to acquire Swiftnet, with the aim of creating a "leading independent telecom tower platform in South Africa".
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Renewables Sub-Saharan Africa
Namibian green hydrogen closes in on German support
The German Government has presented a letter of intent to Enertrag, confirming the suitability of Hyphen’s Namibian Tsau Khaeb green hydrogen project as a “strategic foreign project”
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Renewables Sub-Saharan Africa
Investment for Niger State solar-hydro hybrid
The Renewables Investment Platform for Limitless Energy and pan-African generation company North South Power are jointly investing in a 20MW solar-hydro hybrid project in Shiroro, Niger State
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Mining Sub-Saharan Africa
Bidco in final offer for east African gold miner
ETC Holdings – through its subsidiary Saturn Resources – has made an “increased and final” cash takeover offer for East Africa gold producer, developer and explorer Shanta Gold
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Oil & Gas Sub-Saharan Africa
Nigeria-Morocco pipeline – FID for Dec 2024
A final investment decision on the $25 billion Nigeria-Morocco gas pipeline project will be taken in December 2024
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Renewables Sub-Saharan Africa
Team takes shape for Springbok, SA
Chinese solar and energy storage provider Trina Solar has partnered with Sola Group and WBHO Construction for the 195MW Springbok project in South Africa’s Free State province
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Renewables Sub-Saharan Africa
AFD and CDC recommit to STOA, plan €600m investments
Groupe Caisse des Dépôts and Agence Française de Développement have added to their investment in STOA Infra & Energy, as the impact fund plans to gear up operations
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Oil & Gas Sub-Saharan Africa
Savannah Energy takes full control of Stubb Creek field
Savannah Energy has signed Share Purchase Agreements with Sinopec International Petroleum Exploration and Production Corporation and Jagal Ventures to acquire all outstanding share capital in SIPEC Nigeria
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Mining Sub-Saharan Africa
Marula secures lithium offtake, SA
Marula Mining’s wholly-owned subsidiary South African Lithium & Tantalum Mining has signed a long-term offtake agreement with Fujax UK for spodumene ore and concentrate from the Blesberg Mine in Northern Cape Province
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Oil & Gas Sub-Saharan Africa
Africa Oil looks to up stake in Impact O&G
Africa Oil has today made a cash offer to acquire up to 8% of Impact Oil and Gas from minority shareholders