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Moshesh achieves first close on renewable energy, clean infrastructure fund

By: Schalk Burger     9th April 2021 Asset management company Moshesh Partners has reached a first close for its first renewable energy and clean infrastructure fund, and is targeting R2-billion in assets under management in the next 18 months, said Moshesh Partners co-founding member and CEO Sifiso Shongwe on April 9. This goal was... 

Impala Rustenburg hands over SLP projects to communities

By: Tasneem Bulbulia     9th April 2021 Impala Rustenburg, a member of the Impala Platinum (Implats) group, on April 9 handed over nine completed social and labour plan (SLP) projects to communities near its operations. The projects represent over R94-million of investment from Impala Rustenburg, several years of work and the creation... 

Total to extend dominance in Africa with go-ahead for Uganda oil

By: Bloomberg     9th April 2021 Total’s likely decision to proceed with a $5.1-billion Ugandan oil project will extend its dominance as the biggest spender in sub-Saharan Africa. The French energy giant, poised to greenlight the plan within days, has been the largest investor in the region since 2012. Its spending on... 

Digitising manual and paper-based processes - increasing efficiencies and data velocity

By: Creamer Media Reporter      9th April 2021 Statistics show that since the onset of the Covid-19 pandemic, many sectors and industries have expedited their digitalisation strategies to stay relevant and in business. The pandemic’s impact on the world economy and the restrictions it enforced on day-to-day business activities have pushed... 

Global construction industry set to grow by 5.2% this year

By: Schalk Burger     9th April 2021 The construction industry is set to grow by 5.2% this year, following the collapse in construction activity in 2020 amid the severe disruption caused by restrictions to contain the spread of Covid-19, data and analytics company GlobalData said on April 9. The recovery in many markets in late 2020... 

Clean hydrogen private infrastructure investment fund launched

By: Schalk Burger     9th April 2021 A newly launched private infrastructure investment fund FiveT Hydrogen is dedicated to delivering clean hydrogen infrastructure projects at scale. The fund aims to raise €1-billion from a combination of financial and industrial investors and act as a catalyst in the scaling of the global hydrogen... 

Coal output poised for growth this year after 2% fall in 2020 

By: Marleny Arnoldi     8th April 2021 Research agency GlobalData expects global coal output to have declined by 2% in 2020 owing to Covid-19-related lockdowns and restrictions. Notably, significant reductions have been observed in the US at 23.6%, Indonesia at 13.1%, Russia at 8.1% and Australia at 5.5%.  

Twelve people, possibly foreigners, beheaded in attack on Mozambique gas hub town - police

By: Reuters     8th April 2021 Twelve people, possibly foreigners, were found beheaded following an Islamic State-claimed attack on the northern Mozambique town of Palma, near natural gas projects worth $60-billion, a local police commander told state TV station TVM. The police commander Pedro da Silva told journalists... 

AECI, Origin Materials expands existing environment-friendly partnership

By: Simone Liedtke     7th April 2021 JSE-listed chemicals group AECI and sustainable materials-focused company Origin Materials have expanded their existing joint agreement to develop low-carbon materials based on renewable chemistry. AECI has been a strategic investor in Origin Materials since 2017. 

Podcast: the benefits of green projects

By: Creamer Media Reporter      7th April 2021 Moneyweb's Simon Brown speaks to Cova Advisory's Zelda Burchell on how green projects can be used to offset liability or to generate income. Click here for the podcast. 

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