Day: November 2, 2023

Zanzibar to Scale Up MPA Conservation Management

Mr Mohammed

Mohammed A. Abu Makame O. Makame, a Director of Marine Conservation Department of the Zanzibar Ministry of Blue Economy & Fisheries, has lauded the Self-Assessment Tool(SAT) a component of Marine Mammals Management Toolkit, for having made the country to understand their current capabilities and limitations in Marine Protected Area(MPA) management. Supported by the factsheets, the Self-Assessment Tool (SAT) enables MPA managers to assess the extent to which marine mammals are included in their respective management plans. To this end, Mr. Makame disclosed that, the Ministry has planned various activities that…

Africa Finance Corporation exits stake in Ghana’s Takoradi Port to Yilport Holding

Mr Mohammed

LAGOS, Nigeria, November 2, 2023/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to the global ports and container terminals operator Yilport Holding. This is testament to the Corporation’s ability to attract international 3rd party capital and exit strategic infrastructure assets built by derisking through AFC’s unique project development and construction offering. In 2019, AFC committed to invest up to US$138 million in equity and debt…

Guyana Deserves to Develop its Oil and Gas, and so does Africa

Mr Mohammed

JOHANNESBURG, South Africa, November 2, 2023/ — At a time when both African and Caribbean nations are making great strides towards developing recently discovered oil and gas reserves, countries whose development was driven by hydrocarbons are accelerating efforts to transition to a renewable energy future. This transition has seen wealthy nations establish a ‘green agenda,’ one which does not take into consideration Africa’s economic needs. The African Energy Chamber (www.EnergyChamber.org), therefore, strongly calls for an end to the demonization of oil and gas, encouraging African and Caribbean nations to collaborate towards…