Year: 2023

Climate Justice and Just Societal Transition to Green Economy gets Major Boost

Prof. Chukwumerije Okereke has been elected Fellow of The World Academy of Sciences for the advancement of science in developing countries (UNESCO-TWAS) in recognition of his outstanding contribution to science and its promotion in the developing world. The Nigeria born Okereke is a Professor in Global Governance and Public Policy in the School for Policy Studies, Bristol University, UK, and Director for the Centre for Climate Change and Development, Alex Ekwueme Federal University Ndufu-Alike, Nigeria. He is a globally recognised leading scholar on global climate governance and international development with…

Africa Investment Forum welcomes Rugby Africa President to discuss the business of sport

MARRAKECH, Morocco, November 6, 2023/ — The newly elected President of Rugby Africa (www.RugbyAfrique.com), the continental governing body for rugby in Africa, Mr Herbert Mensah, will discuss the business of sport in a one-to-one fireside chat at the 2023 Africa Investment Forum (AIF) (www.AfricaInvestmentForum.com) on Thursday, November 9 in Marrakech, Morocco. Championed by the African Development Bank and seven other founding partners (Africa50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank and Trade and Development Bank), the Africa Investment Forum is Africa’s investment marketplace…

Seismic Development Integral to Africa’s Energy Future, African Energy Chamber (AEC) Underscores during Houston Working Visit

JOHANNESBURG, South Africa, November 2, 2023/ — Accurate and up-to-date seismic data is the cornerstone of a thriving oil and gas industry. In Africa, geoscience companies take on a pivotal role, driving the success and efficiency of oil and gas projects by equipping countries and corporations with the precise tools needed to locate hydrocarbon deposits. Without the vital contributions of geoscience firms, Africa would be unable to fully unleash the vast potential of its oil and gas resources. The African Energy Chamber’s (AEC) working visit to Houston – currently underway…

Zanzibar to Scale Up MPA Conservation Management

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

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

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…

Empowering voices – Africa Tech Festival fields a strong and successful line-up of women speakers and women-focused features in 2023 to put the spotlight on female trailblazers who are leading the tech revolution on the continent

JOHANNESBURG, South Africa, November 1, 2023/ — Africa Tech Festival (https://apo-opa.info/3myppVu) in 2023, (Cape Town, 13 – 16 November), will field an impressive line-up of strong African women in technology, as a catalyst to shift the power dynamics in the industry, redressing their historic underrepresentation, funding restrictions, and other barriers to entry that have to date, prevented the technology sector from being fully inclusive. In a March 2023 study, conducted by the organisers of the festival, key highlights reflected that women are still facing stereotypical attitudes preventing them from moving up…

Agility Warehouses in Cote d’Ivoire are First in West Africa to Earn International Finance Corp (IFC) ‘Green Building’ Excellence in Design for Greater Efficiencies (EDGE) Advanced Status

ABIDJAN, Ivory Coast, November 1, 2023/ — Agility (www.Agility.com), a supply chain services, infrastructure and innovation company, announced that the warehouses at its Agility Logistics Park in Abidjan are the first in Cote d’Ivoire and West Africa to receive EDGE Advanced certification as green buildings. EDGE (Excellence in Design for Greater Efficiencies) is the global standard for energy-efficient buildings, a certification system overseen by the International Finance Corp. (IFC), an arm of the World Bank. Basic EDGE certification requires a minimum projected reduction of 20% energy use, water use and “embodied…

2023 Inaugural Conference of the All-Party Parliamentary Group for African Reparation Makes History

For the first time, 95 speakers, over 500 attendees, and international participants from around the world convened over the weekend of the 21st and 22nd for the Inaugural Conference of the All-Party Parliamentary Group For Afrikan Reparations (APPGAR) in the United Kingdom. The UK Conference gained international support for the APPGAR amplification of the collective global Afrikan voice for Reparations in the British Houses of Parliament. It also revived the connections of Reparations to the International Pan-Afrikan liberation struggle, and made a declaration in support of the planned 2024 Afrika-Europe…

African Energy Chamber (AEC) Advocates for Fast-Tracked Approach to Oil Development and Deals at AfriCaribbean Trade and Investment Forum (ACTF) 2023 in Guyana

JOHANNESBURG, South Africa, October 31, 2023/ — The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly supports the development of oil and gas in Africa and remains committed to facilitating deals between African and global players. Under efforts to strengthen multilateral partnerships and bolster oil and gas deals, the AEC’s Executive Chairman NJ Ayuk is currently conducting a working visit to Guyana, participating in the AfriCaribbean Trade and Investment Forum 2023. Ayuk is speaking on a panel titled, ‘Opportunities in the Oil and Gas Sector.’ Burgeoning African oil producers stand to learn a great…