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Power Africa moves towards its goal of bringing more energy to the continent

By: Kim Cloete     16th May 2019 Power Africa, which was launched by former US President Barack Obama six years ago, is working towards its target of providing energy access to an additional 60-million new homes and businesses and adding 30 000 MW of cleaner, more efficient electricity generation capacity on the African... 

UCT GSB professor joins prestigious global initiative to end energy poverty

By: Simone Liedtke     13th May 2019 University of Cape Town Graduate School of Business Professor Anton Eberhard has been appointed to the Global Commission to End Energy Poverty – a new initiative which aims to accelerate access to electricity to millions of under-serviced homes and businesses quickly and cost-effectively. The... 

Just when will coups end?

By: Martin Zhuwakinyu     3rd May 2019 Another dictator has bitten the dust. As I write, Sudanese strongman Omar Hassan al-Bashir is languishing in the notorious Kobar prison, on the outskirts of Khartoum, where thousands of political dissenters were jailed during his 30-year rule, which came to a rude end last month. In true ‘he who... 

Kenya airports body sees land at $10bn on revaluation

By: Bloomberg     12th April 2019 Kenya Airports Authority (KAA) expects its land holdings to be worth more than one-trillion shillings ($9.9-billion) after a revaluation is concluded in a month, CEO Jonny Andersen said. “Since we’ll have a different balance sheet, we can go to the banks and ask for completely different financing... 

$30bn investment push into Africa’s downstream oil industry sparks optimism

By: Kim Cloete     28th March 2019 Africa’s demand for energy, which is far higher than that of other regions in the world, is expected to be very positive for the African oil downstream industry, which has seen a $30-billion investment push in logistics, distribution, storage terminals, import facilities and retail marketing in... 

Nigeria wants $20bn infrastructure spend over ten years

By: Bloomberg     28th March 2019 Nigeria plans to spend $20-billion on infrastructure over the next ten years and will introduce an infrastructure bond in 2019 as Africa’s biggest oil producer seeks to address challenges in revenue generation. “Our target is that we’d like to see infrastructure spending increase to the... 

South Africa may double power purchases from Congo hydro plant

By: Bloomberg     21st January 2019 South Africa is mulling committing to doubling the amount of electricity it will buy from a proposed multibillion-dollar hydro power plant in the Democratic Republic of Congo. Increasing the amount of electricity that South Africa will buy has become a linchpin for the companies seeking to build... 

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