Year: 2024

Real Estate Investment Opportunities in Africa:A Systematic Series on the Ghanaian Sector-PART-1(By Daniel Kontie)

Mr Mohammed

  Real estate investment in Ghana has become an increasingly attractive option for investors looking to diversify their portfolios and tap into the country’s promising real estate industry, the country with a stable political environment, a young and rapidly urbanizing population, and rising incomes, Ghana’s real estate sector presents exciting opportunities in all categories of real estate, the residential, commercial, and industrial properties. This is a series brought to you by the Africa Continental Engineering & Construction Network Ltd (www.acecnltd.com)  that seeks to provide asystematic exposition on the real estate…

Copeland Announces Its Verdant Energy Management Solutions Expanding into Europe

Mr Mohammed

LONDON,UK.10th April 2024/–Copeland, a global provider of sustainable climate solutions, announced today that its Verdant energy management solutions are now available in the European market. This expansion,the announcement said,is kicking off with an official partnership with the Energy & Environment Alliance (EEA), a coalition of hospitality investors, developers, asset managers and operators working to transition the industry to Net Zero Emissions. With an installed base of more than 7,000 hospitality and multi-family properties across North America, Copeland’s Verdant offering is a proven solution for substantial energy savings. “I was impressed by…

Africa Climate Roundtable to unify African voices on climate resilience and adaptation.

Mr Mohammed

The African Risk Capacity (ARC) will be convening leading partners in Africa’s climate and food security space.in Johannesburg, South Africa, from 7-8 May 2024,according to a recent  official statement issued in Johannesburg on the 9th  April. Ahead of COP29, which will take place this year in Baku, Azerbaijan, the statement said, the Africa Climate Roundtable will bring together leaders from across the continent, “It is an opportunity to forge a common and decisive African voice on matters of climate resilience and adaptation”, it noted. Africa, the statement noted, has a…

West Africa’s franc: is time up for the colonial currency?

Mr Mohammed

By: Kai Koddenbrock, Bard College Berlin First Published,April 8,Africa Edition/The Conversation At no point in history has the CFA franc – the name of a colonial currency used in west and central African countries belonging to the franc zone – been closer to its demise. Senegal has overwhelmingly voted for leftwing Pastef candidate Bassirou Diomaye Faye (and his former party leader Ousmane Sonko) while the coup governments in Mali, Burkina Faso and Niger have been talking about leaving the CFA franc for some time. Senegal under outgoing president Macky Sall was a pillar of the longstanding French attempt…

Ghanaian and Senegalese entrepreneurs to benefit from African Development Bank Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) grant for green jobs in natural resources

Mr Mohammed

ABIDJAN, Ivory Coast, April 8, 2024/ — The African Development Bank (www.AfDB.org), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF) (https://apo-opa.co/3J81Cnx), has approved a $999,000 grant to support an initiative to foster green jobs for women, youth and people with disabilities. The Strengthening Women, Youth and People with Disabilities’ Micro-Entrepreneurship for Green Jobs (https://apo-opa.co/3U9MFqb) in Natural Resources (MicroGREEN) project aims to foster inclusive economic growth by providing up to 500 green job opportunities and business development services to marginalized groups in Ghana and Senegal. The target reach group…

Affirmative Finance Action for Women in Africa (AFAWA) Finance Series Togo: African Development Bank and African Guarantee Fund unite to strengthen female entrepreneurs’ access to finance

Mr Mohammed

LOMÉ, Togo, April 8, 2024/ — The African Development Bank (www.AfDB.org) and the African Guarantee Fund (AGF) (https://apo-opa.co/4apZNya) have brought the curtain down on the AFAWA Finance Series Togo conference, a key note event aimed at  promoting a better understanding of the financing needs of Togolese women entrepreneurs and debunking the myth that women-run companies are risky ventures. The three-day event, which ended on Thursday 28 March 2024, brought together some 180 leading figures responsible for policy and regulation in favour of women’s financial inclusion, and representatives of financial institutions,…

Africa Data Centres and DPA Southern Africa (SA) breaks ground on solar farm in Free State

Mr Mohammed

JOHANNESBURG, South Africa, April 8, 2024/ — Africa Data Centres (www.AfricaDataCentres.com/) and DPA SA have broken ground on their solar farm in the Free State; The first phase will see power getting wheeled to its CPT1 facility; The second phase will see power being supplied to JHB1 and JHB2 once wheeling agreements with relevant municipalities conclude. Africa Data Centres, a business of the Cassava Technologies group, is pleased to announce that it has broken ground on the construction of a solar farm in the Free State in collaboration with DPA Southern Africa. This…

Africa Finance Corporation’s year of impact sees major expansion of projects and investment

Mr Mohammed

LAGOS, Nigeria, April 8, 2024/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, has announced its most impactful year to date, with unprecedented expansion of projects and investments spanning energy, transportation, mining, food, textiles and climate resilience. Underpinning robust growth in earnings and total assets, AFC successfully navigating the global geopolitical, inflationary and debt distress challenges of 2023 to implement critical infrastructure projects across multiple sectors that are central to Africa’s structural transformation and sustainable development. Landmark initiatives include Djibouti’s first wind farm, with AFC as lead…

Former Nigerian Local Content Head to Share Best Practices at Namibia International Energy Conference (NIEC) 2024

Mr Mohammed

WINDHOEK, Namibia, April 2, 2024/ — Engr. Simbi Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), will speak at the upcoming Namibia International Energy Conference (NIEC) 2024, unlocking newfound collaboration between the two countries on local content policy development and implementation. Since his appointment in 2016, Wabote has been a fierce advocate of local beneficiation for both Nigerians and Africans across the sector, steering strategic national programs to build local capacity, calling for enhanced transparency in contracting processes and boosting local manufacturing capabilities. The…

Construction begins on world’s largest solar tower, Delingha solar, China

Mr Mohammed

First Published, Mar 29, 2024 by nathan   Construction has begun on the world’s largest solar tower, a 200 MW project in western Haixi, China. Undertaken by Power China Northwest, the Delingha solar hybrid tower was invested by CGN New Energy and will be constructed in two phases. Each phase consists of 800 MW of PV and 200MW CSP. At the moment, it’s the CSP part of the first phase of the project that started the construction. It is also the world’s largest solar tower CSP project in single-unit capacity under construction. How the plant…