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Nornickel Presents Palladium Technology Development Strategy for the PGM Industry in South Africa

Location: Business
Nornickel’s Palladium Centre

Nornickel (https://NorNickel.com) has unveiled its strategy for the development of palladium-based technologies at the PGMs Industry Day, an international conference held in South Africa. The company's experts shared insights into new technological developments that have the potential to redefine the use of platinum group metals (PGMs) extracted on the African continent, particularly in the fields of energy, electronics, and green technology. 

The presentation attracted considerable interest from conference participants. Industry representatives noted the practical relevance of Nornickel's innovations for the market, as well as the significant potential of palladium in emerging high-tech applications. 

Nornickel is the world's largest producer of palladium and high-grade nickel, and one of the leading global suppliers of platinum, copper, cobalt, and other precious and base metals. The company's Palladium Centre focuses on the development and implementation of innovative palladium-based solutions aimed at enhancing industrial efficiency. 

Palladium is the most extracted metal among the PGMs and benefits from a geographically diversified supply chain. Russia and South Africa, the two major producing regions, ensure stable global supply. 

From a chemical perspective, PGMs complement each other in many applications. Nornickel's research shows that palladium alloys with other PGMs frequently outperform individual metals in terms of efficiency and durability. 

Nornickel's approach to palladium innovation is closely aligned with key global megatrends: the energy transition, sustainable development, and digitalisation. Promising application areas include solar and hydrogen energy, biofuels, and next-generation electronics, where palladium can help reduce the cost of conductive components, hard drives, and OLED displays. In existing markets, the company is focused on improving performance and economics for end users. 

Nornickel is actively building a global partnership network to co-develop and commercialise palladium-based solutions. The company is committed to long-term collaboration with scientists, manufacturers, and end users to accelerate the adoption of advanced technologies and products. 

"Our goal is to become a technological partner for producers of PGM-based products. We focus on identifying applications where palladium delivers a strong competitive edge, bringing together leading scientific teams to develop prototypes, conducting large-scale industrial trials, optimising the product, and transferring the technology to manufacturers. This approach allows us to create more efficient materials and open up new markets for palladium applications," said Dmitry Izotov, CEO of Nornickel's Palladium Centre. 

Since its launch, the Centre has built a portfolio of 25 products. By 2030, the portfolio is expected to exceed 100 projects, generating an additional annual demand of 40–50 tonnes of palladium. 

Distributed by APO Group on behalf of Nornickel’s Palladium Centre.

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President engages with various technologies at the CSIR 

Location: News

President engages with various technologies at the CSIR 

President Cyril Ramaphosa engaged with various researchers and technologies on his visit to the Council for Scientific and Industrial Research (CSIR) earlier this week.

The President was hosted by the Minister of Science, Technology, and Innovation, Professor Blade Nzimande when he toured several facilities at the CSIR on Tuesday.

Among the technologies the President interacted with, was the Oceans and Coastal Information Management System (OCIMS), a sophisticated digital platform developed by the CSIR. 

It enables South Africa to monitor, protect, and sustainably manage its extensive coastal and oceanic zones through real-time, data-driven insights.

The initiative is led by Dr Lulama Wakaba, Executive Cluster Manager of the Next-Gen Enterprises and Institutions Cluster. The initiative is a collaboration between the CSIR, the Department of Forestry, Fisheries and the Environment, the South African Environmental Observation Network, and the South African Weather Service. 

“Many people don’t realise this, but South Africa’s exclusive economic zone, our marine territory, is larger than our land mass. That gives us an extraordinary opportunity in the blue economy, which holds immense potential for GDP [gross domestic product] growth, job creation, and sustainable development,” Wakaba explained. 

According to the CSIR, OCIMS is not just a data repository, but also an integrated, scalable system that forms the backbone of multiple research projects used by the state to manage and safeguard marine environments.  

These range from coastal erosion monitoring and maritime traffic control, to harmful algal bloom forecasting, oil spill detection, and marine spatial planning.  

By using satellite data, sensor networks, and intelligent analytics, the system ensures that South Africa’s coastal resources are preserved and fully utilised for economic benefits.

“What we’re showcasing is a living example of applied science. This system translates complex marine data into actionable insights that policymakers and environmental authorities can use to make informed decisions. It’s about turning scientific research into national impact,” Wakaba explained. 

The importance of OCIMS is amplified by South Africa’s strategic position at the meeting point of two oceans, with more than 3 000 km of coastline.  

The country’s location, combined with the rising threats of climate change and unsustainable exploitation, make the need for intelligent ocean governance urgent.

“For us, the real breakthrough lies in unlocking the power of science and innovation to support the state's capacity to manage this frontier responsibly,” he said. 

“From supporting marine biodiversity to bolstering economic development, OCIMS is a cornerstone in building resilient, knowledge-based ocean governance.”

The CSIR said having President Ramaphosa visit the exhibition was both a validation and a celebration of the platform’s significance.

“What we hope to communicate is the strategic power we can unlock when we take up the mantle of what the CSIR stands for, applying cutting-edge science and technology to our national priorities. In this instance, it’s the blue economy, a massive frontier that, if fully harnessed, can transform our country’s economic trajectory.”

The CSIR’s work on OCIMS also supports international obligations, including the United Nations’ Sustainable Development Goals, climate resilience efforts, and commitments under the UN Convention on the Law of the Sea.  

It also provides South African citizens and coastal communities with tools to better understand and protect the natural wealth that surrounds them.

“Our oceans are not just scenic landscapes; they are vital economic assets and ecosystems,” he said. 

“OCIMS is about equipping our country with the means to both care for and benefit from those assets responsibly and sustainably.”

With this bold initiative, the CSIR  said OCIMS stands as a beacon of what is possible when innovation meets vision and when digital infrastructure is aligned with national imperatives.

During  his visit, the President hailed the CSIR as a “South African success story” as the institution marks 80 years since its establishment.

READ | CSIR critical for innovative solutions to resolve challenges - President Ramaphosa

The President was delivering remarks at the institution’s headquarters following a tour of the facility on Tuesday afternoon.  – SAnews.gov.za
 

 

Gabisile
Thu, 04/10/2025 - 09:47
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Read morePresident engages with various technologies at the CSIR 

Africa Finance Corporation Tops Us$1 Billion Revenue for First Time as Landmark Projects Unlock Growth Across the Continent

Location: Business
Africa Finance Corporation (AFC)

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation's history.

This record performance marks a significant milestone in AFC's mission to close Africa's infrastructure gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes. The Corporation posted a 22.8% increase in total revenue to US$1.1 billion and a 22.3% rise in total comprehensive income to US$400 million, up from US$327 million in 2023.

AFC's earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates.  

Further significant financial highlights include:

  • Net interest income up 42.5% to US$ 613.6 million
  • Fee and commission income rose to US$109 million, the highest in over five years
  • Operating income climbed 42.7% to US$709.7 million
  • Total assets reached a record US$14.4 billion, a 16.7% year-on-year increase
  • Liquidity coverage ratio strengthened to 194%, providing over 34 months of cover
  • Cost-to-income ratio improved to 17.3% from 19.6% in 2023

Throughout 2024, AFC continued to scale its impact by mobilising capital for landmark projects across energy, transport, and natural resources. These included the Lobito Corridor – a cross-border railway development spanning Angola, the Democratic Republic of Congo (DRC), and Zambia. AFC led the initiative to secure a concession agreement within one year of the initial Memorandum of Understanding (MoU), an unprecedented achievement for a project of its scale. In the DRC, AFC also invested US$150 million in the Kamoa-Kakula Copper Complex, Africa's largest copper producer and one of the most sustainable globally, thanks to its high-grade ore and renewable-powered smelter.

Other milestones transactions included financing support for the commissioning of the Dangote Refinery, the largest in Africa, and continued progress on AFC-backed Infinity Power Holding's 10 GW clean energy ambition, with power purchase agreements secured in Egypt and South Africa. AFC also invested in the 15GW Xlinks Morocco-UK Power Project, providing US$14.1 million to support early-stage development of a transcontinental renewable energy pipeline between North Africa and Europe.

AFC strengthened its capital base and expanded its investor network through several landmark funding initiatives. These included a US$ 1.16 billion syndicated loan - the largest in its history, a US$500 million perpetual hybrid bond issue, and the successful execution of Nigeria's first-ever domestic dollar bond, which raised US$900 million at 180% oversubscription. AFC also returned to the Islamic finance market after eight years, closing a US$400 million Shariah-compliant facility.

The year also saw strong momentum in equity mobilisation, with US$181.8 million in new capital raised from ten institutional investors. These included Turk Eximbank - AFC's first non-African sovereign shareholder - the Arab Bank for Economic Development in Africa (BADEA), and several major pension funds spanning Cameroon, Seychelles, Mauritius, and South Africa. Ratings agencies affirmed AFC's robust credit profile, with AAA ratings from S&P Global (China) and China Chengxin International, and a stable A3 Outlook from Moody's.

“These results send a clear message that strategic investment in African infrastructure creates lasting value for both beneficiaries and investors,” said Samaila Zubairu, President & CEO of AFC. “In 2024, we exceeded the billion-dollar revenue mark, delivered game-changing projects, and reinforced our financial resilience—demonstrating the scalability of our unique model that blends purpose with performance to accelerate Africa's economic transformation.”

Read the full annual report here (https://apo-opa.co/424qlmR)

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile: +234 1 279 9654
Email: yewande.thorpe@africafc.org

About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth.

Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception. www.AfricaFC.org

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Read moreAfrica Finance Corporation Tops Us$1 Billion Revenue for First Time as Landmark Projects Unlock Growth Across the Continent

Government empowers spaza shops 

Location: News

Government empowers spaza shops 

With the launch of the R500 million Spaza Shop Support Fund (SSSF), government is ready to assist entrepreneurs who want to establish startups, expand their businesses, and gain essential business skills to improve the performance of their enterprises.

This is according to the Minister of Small Business Development, Stella Ndabeni.

With the recent drive to have spaza shops registered, government has received 87 407 applications and of these, a total 53% is from South African-owned spaza shops.

“Our commitment with this fund is to support those who heeded the President’s call to register their spaza shops. As the Department of Small Business Development (DSBD), we can help you when you have an idea and want to start a business.

“We have incubators that help new and startup businesses. We can help you from being an informal trader to a formal trader, to start a spaza shop and to own a wholesale or an entire distribution channel. We will be working with you to help you to turn things around,” said Ndabeni.

The support fund was launched on Tuesday in Soweto to support South African-owned township community convenience shops, including spaza shops, to increase their participation in the townships and rural areas retail trade sector.

READ | Government launches R500 million Spaza Shop Support Fund 

Jointly administered by the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA), the fund provides critical financial and non-financial support to township businesses, including community convenience stores and spaza shops.

The fund provides various types of support, including the initial purchase of stock via delivery channel partners, upgrading of building infrastructure, systems, refrigeration, shelving and security, as well as training programmes, which includes point of sale devices, business skills, digital literacy, credit health, food safety and business compliance.

“The fund will address economy of scale disadvantages by linking spaza shops to buying groups for aggregation and bulk purchasing; building business capacity through training and support to improve shop operations; and enhancing market competitiveness to help spaza shops compete with larger retailers," the Minister said.

The fund will be rolled out nationally to impact spaza shops across all major townships, as well as rural areas.

The Minister said government endeavours to work with entrepreneurs to localise supply chain opportunities for township and rural enterprises.

This will ensure that spaza shops do not procure imported products or simply use the platforms of large companies.

“To achieve this, we will utilise other instruments like the Small Enterprise Manufacturing Support Programme, Township and Rural Entrepreneurship Programmes (TREP), the Informal and Micro Enterprise Development Programme (IMEDP), Asset Assist, and our Shared Economic Infrastructure Facility.

“These programmes in turn have the potential to attract municipalities, the private sector, business and informal trader associations, and other stakeholders to work together in contributing their facilities, expertise and resources in support of new localised supply chains and distribution networks for spaza shops. 

“Logistics management partners will offer logistics management services, including warehousing and delivery solutions. They will ensure that products are stored safely and delivered efficiently, reducing transportation costs, and improving the overall supply chain efficiency for spaza shops,” the Minister said.

DSBD Connect

The department has recruited 52 Business Regulation Officers across all districts and metros to support business registration using the DSBD Connect system.

DSBD Connect is a platform which will be used to collaborate or put together small business to collaborate and/or work together on a particular project. 

This can be businesses within the same industries or different industries but need each other for specific skills or qualifications. 

The platform will put together small businesses within the same geographical area, interests, and skills. 

“Despite their importance, spaza shops face several challenges, including access to capital, security concerns, and competition from formal retailers, like larger retail stores and supermarkets which are encroaching on their markets.

"South African-owned spaza shops also face intense competition from foreign-operated spaza shops, who use more organised supply chains to gain competitiveness.

“Therefore, I want to encourage you to collaborate and establish cooperatives so that you can leverage resources, knowledge, and work together on projects, sharing best practices,” Ndabeni said.

Access to funding 

To access the funding, applicants need to apply to the National Empowerment Fund (NEF) and the Small Enterprise Development Finance Agency (SEFDA) through the prescribed application process outlined on the relevant institution's website.

The following website can be used to apply for funding:

Spaza Shop Support Fund - www.spazashopfund.co.za 
NEF - www.nefcorp.co.za 
SEDFA - https://systems.sefa.org.za/SMMEPortal/

The contact details for the Spaza Shop Support Fund call centre are 01 1 305 8080 or via email: Spazafund@nefcorp.co.za.

Contact details for the NEF call centre are 0861 843633, SEDFA call centre 012 748 9600 or an email can be sent to helpline@sefa.org.za. - SAnews.gov.za

nosihle
Wed, 04/09/2025 - 10:27
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Germany Sets Sights on Africa’s Energy Future With Major Investment Pledge

Location: News

African Energy Chamber
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Germany is eyeing expanded investments in Africa's energy sector, having pledged €4 billion for green energy projects by 2030 and advancing hydrogen and gas partnerships through the European Union's (EU) Global Gateway initiative. These investments aim to enhance conditions for private sector involvement and infrastructure development, underscoring Germany's commitment to sustainable development and economic growth across the continent.

In South Africa, Germany committed R5.2 billion last December to support the country's energy transition and deepen bilateral cooperation. This funding is directed towards facilitating South Africa's shift from coal to renewable energy sources, addressing both environmental concerns and energy security. Earlier this month, the EU also announced a €4.7 billion investment in South Africa to support green energy initiatives and vaccine production, reflecting a broader commitment to sustainable development in the region.

Further strengthening these efforts, Germany and the African Development Bank announced joint initiatives last month to accelerate energy access and private sector growth across Africa. This partnership includes support for the Mission 300 initiative, which aims to provide electricity access to 300 million Africans by 2030, and expanded financing for youth entrepreneurship programs.

Meanwhile, German companies are optimistic about their prospects in South Africa, signaling growing confidence in the country's economic stability, expanding trade opportunities and the potential for long-term partnerships in energy and industrial sectors. A recent survey by KPMG Germany and the Southern African-German Chamber of Commerce and Industry revealed that 64% of German companies expect rising revenues in South Africa, with 44% planning to invest in the country within the next three years.

Germany has already been active in Africa's green hydrogen sector, recognizing the continent's vast potential for renewable energy production. In Namibia, German investors have partnered on the $10 billion Hyphen Green Hydrogen Project, aiming to harness the country's abundant solar and wind resources to produce green ammonia for global export. Additionally, Germany mobilized €150 billion through the Global Gateway initiative earlier this year to enhance its energy engagement in Africa, with green hydrogen as a key focus. West African countries alone have the potential to produce up to 165,000 TWh of green hydrogen annually – far exceeding Germany's projected demand for 2030.

Beyond renewable initiatives, Germany remains open to cooperating with African countries on natural gas and blue hydrogen production. This approach reflects Germany's updated Africa policy guidelines, which emphasize the importance of African energy resources – including renewable electricity, green hydrogen and, under specific conditions, natural gas – for a successful energy transition in both Africa and Europe.

"Germany's growing investment in Africa's energy sector signals a transformative shift toward sustainable development and economic growth. With a clear focus on green hydrogen, renewables and responsible fossil fuel cooperation, the country is positioning itself as a key partner in Africa's energy future. African Energy Week 2025 will serve as a vital platform to advance these partnerships, unlocking new opportunities and accelerating Africa's energy transition,” said Tomás Gerbasio, Vice President of Commercial and Strategic Engagement at the African Energy Chamber.

The upcoming African Energy Week (AEW) 2025: Invest in African Energies conference presents a strategic platform for German investors to explore and engage with energy opportunities across the continent. AEW 2025 aims to drive forward the momentum established in previous years, offering a dynamic space for leaders, policymakers and stakeholders to address regional and global energy challenges while advancing Africa's position as a leader in sustainable energy solutions.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

Read moreGermany Sets Sights on Africa’s Energy Future With Major Investment Pledge

CSIR critical for innovative solutions to resolve challenges – President Ramaphosa

Location: News

CSIR critical for innovative solutions to resolve challenges - President Ramaphosa

President Cyril Ramaphosa has hailed the Council for Scientific and Industrial Research (CSIR) as a “South African success story” as the institution marks 80 years since its establishment.

The President was delivering remarks at the institution’s headquarters following a tour of the facility on Tuesday afternoon.

“Over many decades, the CSIR has been [at the forefront]… of developing groundbreaking technologies and solutions that have profoundly shaped our country’s scientific and industrial progress.

“With the advent of democracy in 1994, the CSIR embarked on a trajectory of aligning itself with the values of our Constitution. The CSIR is a true treasure for our nation,” he said.

The President told the gathering that as the country – and the world – dealt with the COVID-19 pandemic, the CSIR stepped in to assist the country in fighting the virus.

During the pandemic, CSIR engineers produced some 18 000 ventilators, which were vital for the care of patients across the country.

It also developed a platform to track the impact of the pandemic, which assisted government to direct its response.

“At a moment of great crisis and danger, it was Minister [Blade] Nzimande who said let’s go to the CSIR, and indeed, we came rushing because you had already developed certain capabilities to help us deal with the crisis not only our country was facing.

“We came in a rush, and you distinguished yourselves as a truly capable facility and centre, and today you have displayed to me and us precisely what you true capabilities are. They range from... having the capability to develop missiles and aeroplanes, and cyber security systems,” President Ramaphosa said.

The President called on government to make more use of the CSIR’s capabilities to deliver on South Africa’s developmental mandate.

“In government, we don’t use… the CSIR enough. You are a government owned entity, and you do a great deal of work for others in other countries. We have used you, and you have demonstrated that you are more than capable.

“We are going to have a special Cabinet session where [the CSIR] comes and outlines... precisely what you do and also give us insights on how we can use you. I can’t think of a better way of State capability [building] other than through science, technology and innovation,” he said.

The President further emphasised the institution’s critical role in building State capacity.

“We are one of those countries where, at the advent of democracy, we deindustrialised. The manufacturing base in our country started receding and it is this that we now need to build back.

“[The CSIR] being the centre for industrial research, and who are so adept in a number of areas, can help us to address the challenges in relation to job creation, reducing poverty and also ensuring that there is inclusive growth,” President Ramaphosa said. – SAnews.gov.za 

NeoB
Wed, 04/09/2025 - 10:10
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World Liquid Gas Association Joins IAE 2025

Location: News
Energy Capital & Power

Michael Kelly, Chief Advocacy Officer, World Liquid Gas Association (WLGA) will speak at the Invest in African Energy (IAE) 2025 Forum in Paris next month. As a key leader in global energy advocacy, Kelly's participation will provide valuable insights into the growing role of liquid gas in the global energy transition, particularly within the African context.

The WLGA is dedicated to promoting the use of liquid gas as a cleaner alternative to conventional fuels, advocating for policy reforms that support the global expansion of this energy source. In Africa, the association's efforts focus on helping governments and businesses explore liquid gas solutions as part of the broader energy mix, driving both energy access and economic development across the continent. In December 2024, the WLGA launched a new roadmap aimed at expanding access to clean cooking solutions across Africa, specifically through increased availability and uptake of LPG. This comprehensive roadmap not only emphasizes the establishment of a clear regulatory framework to scale the LPG market, but also calls for the implementation of consumer financing and payment plans to address economic barriers and highlights the need for investment in infrastructure and roads.

IAE 2025 (Invest-Africa-Energy.com) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Africa's LPG sector is experiencing significant growth, with several large-scale projects focused on expanding production, storage and distribution capabilities. Last month, Nigeria commissioned its first modular LPG extraction plant and a 20 MW gas-to-power project, both of which are set to boost domestic gas utilization and enhance energy access. Sahara Group is developing a 12,000-ton LPG storage facility in Ivory Coast, which will increase the country's LPG storage capacity by 60% and significantly improve imports and distribution for neighboring countries in the region. The company is also in talks with Kenya to construct a 30,000-ton facility for handling and storing LPG.

Meanwhile, Petredec and South Africa's state-owned Transnet announced a rail freight project in September 2024, featuring a dedicated train system and a modern LPG intermodal hub and storage facility. This hub will receive bulk LPG via rail, introducing the country's first scheduled LPG train system. Other high-profile projects include the Dangote Refinery in Nigeria, a $20 billion initiative designed to meet the country's fuel demands while reducing dependency on imports and introducing LPG into the Nigerian market. These projects reflect Africa's growing commitment to leveraging its natural gas resources to enhance energy infrastructure, drive economic development and improve access to cleaner, more affordable energy across the continent.

Distributed by APO Group on behalf of Energy Capital & Power.

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Leaders From Angola, Ethiopia, Egypt & South Africa to Lead Discussions at Africa Finance Corporation’s (AFC) 5th Country & Stakeholder Symposium

Location: News
Africa Finance Corporation (AFC)

Africa Finance Corporation (AFC) (www.AfricAFC.org), the continent's leading infrastructure solutions provider, is convening the 5th edition of its Country & Stakeholder Symposium (CSS) tomorrow, April 8, 2025, from 12:30 to 14:00 WAT. 

This year's theme, “Making Africa's Institutional Savings Work Better for the Continent,” will spotlight the urgent need to bridge the financing gap in Africa by harnessing the power of domestic institutional capital to fund long-term development. The Symposium will serve as a vital platform to explore how Africa can better mobilize its own institutional savings and redirect them into high-impact, return-generating projects aligned with national development priorities. 

The Symposium will showcase AFC's innovative capital mobilization strategies and financial structuring expertise, with a focus on developing new financial products and asset allocation models that attract and retain institutional investors.  

Discussions will also include potential regulatory enhancements needed to unlock domestic capital for productive investments, while maintaining strong protections for savers. 

High-profile leaders and industry experts from the public and private sectors will be speaking at the symposium including:  

  • H.E. Vera Esperança dos Santos Daves De Sousa, Minister of Finance, Angola 
  • Dr. Brook Taye, CEO, Ethiopian Investment Holdings 
  • Kabelo Rikhotso, Chief Investment Officer, Public Investment Corporation (PIC), South Africa 
  • Armando Manuel, Chairman, Angola Sovereign Wealth Fund 
  • Ayaan Zeinab Adam, Senior Director and CEO, AFC Capital Partners 

The event will be moderated by CNBC Africa Senior Anchor, Fifi Peters, and will convene key stakeholders from across the continent's public and private sectors. 

This is a virtual event. To register, please visit: Register here https://apo-opa.co/3EbZQTh

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Media Enquiries: 
Yewande Thorpe 
Communications 
Africa Finance Corporation 
Mobile : +234 1 279 9654 
Email : yewande.thorpe@africafc.org 

About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth. 

Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception. www.AfricAFC.org  

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Top African Projects Driving the Mining-Energy Nexus

Location: News

Energy Capital & Power
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Mining represents one of the most energy-intensive industries globally. As African nations ramp up mineral extraction to drive economic growth, mining projects and stakeholders are increasingly investing in energy infrastructure to sustain operations and meet rising production targets. Amid efforts to improve grid stability, the upcoming African Mining Week conference will highlight the continent's investment opportunities emerging from the mining-energy nexus.

Northam Bolsters Power Supply for South African Mines

In February 2025, mining firm Northam signed a power purchase agreement (PPA) for 140 MW of wind power to support its platinum group metals operations in Limpopo. This deal follows an earlier PPA signed in October 2024 for an 80 MW solar power facility to supply the company's Zondereinde mine, aimed at driving South Africa's expansion of its PGMs sector. These agreements are part of Northam's broader strategy to enhance energy security and sustainability while reducing its carbon footprint in alignment with national renewable energy goals.

Richards Bay Minerals Expands PPA Portfolio

Richards Bay Minerals, a subsidiary of mining multinational Rio Tinto, signed its third PPA with Red Rocket in February 2025, securing 230 MW of electricity from Red Rocket's 380 MW Overberg Wind Farm. This agreement increases the company's total contracted renewable energy supply to 500 MW and supports Rio Tinto's commitment to reducing emissions by 50% by 2030. Richards Bay Minerals also taps into energy from the 130 MW Bolobedu solar PV plant and 140 MW Khangela Emoyeni wind farm.

Further Investments in Renewables for Mining

Other mining companies across Africa are driving large-scale energy projects to secure a stable power supply. In South Africa, Ivanhoe Mines completed a 5 MW solar facility in Q1 2025 to support its Platreef PGM mine, while Impala Platinum signed a five-year PPA with Discovery Green to supply wheeled renewable energy to its Impala Refineries operation. Meanwhile, commodities firm Trafigura is developing a 2 GW initiative to power Angolan mines, and First Quantum is set to commission a 430 MW project in Zambia in 2025. Tronox Holdings plans to roll out 400 MW of energy projects in South Africa by 2027 and Chinese mining company CMOC is preparing a 200 MW energy project in the DRC, set for commissioning by 2028.

As these investments unfold, African Mining Week will showcase key milestones in energy security for the sector, highlighting lucrative opportunities within Africa's independent power markets. The event will emphasize the growing demand for stable, sustainable energy solutions as miners continue to invest in energy infrastructure.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

Read moreTop African Projects Driving the Mining-Energy Nexus

Mashatile to address Ahmed Kathrada Legacy Business Breakfast

Location: News

Mashatile to address Ahmed Kathrada Legacy Business Breakfast

Deputy President Shipokosa Paulus Mashatile will on Monday deliver the keynote address at the inaugural Ahmed Kathrada Legacy Business Breakfast series to be held in Illovo, Gauteng.

The Ahmed Kathrada Foundation, formed in 2008, is an organisation aimed at deepening non-racialism in post-apartheid South Africa through the promotion of values, rights and principles enshrined in the Freedom Charter and the Constitution of the Republic of South Africa.

Mashatile is attending the event as a champion of social cohesion and nation building activities. 

The Ahmed Kathrada Legacy Business Breakfast series seeks to provide a platform for engaging high-level executives, thought leaders, industry professionals and decision-makers in meaningful discussions on business, leadership and innovation. It also honours the legacy of Ahmed Kathrada’s contributions to leadership and justice.

“The Deputy President regards this engagement as an important platform that will provide insights into the strengths and challenges facing our nation, with a view to sharing solutions that will not only strengthen social cohesion, but move the country forward for the benefit of all citizens,” the Presidency said in a statement. – SAnews.gov.za

Edwin
Sun, 04/06/2025 - 12:59
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Police summit to elevate crime fighting efforts

Location: News

Police summit to elevate crime fighting efforts

President Cyril Ramaphosa will address the opening of the Police Summit on Tuesday in Ekurhuleni, Gauteng. 

The inaugural Police Summit takes place under the theme: “Efficiency in Action: Optimising South Africa's Policing Potential", aligning with Chapter 12 of the National Development Plan (NDP) on Building Safer Communities.

“The summit will address the high levels of crime in South Africa by reflecting on current policing approaches and developing more effective methods for the South African Police Service (SAPS),” the Presidency said in a statement.

To achieve the 2030 NDP objective, the three-day summit will focus on enhancing the efficiency and effectiveness of SAPS in combating crime.

“It will cover four broad themes with related breakaway discussions, focusing on proven policing strategies that have reduced crime and enhanced community safety, adaptation to dynamic changes in modern policing, the transformative role of technology in modern policing, investigation and intelligence, and building a skilled and professional workforce.

“The Police Summit will have in attendance experts and practitioners, who will have the opportunity to share critical views, ideas, and build networks for advancing social justice. It will facilitate engagement with various stakeholders, learning from good practices, and participating in discussions on innovative solutions and best practices,” the Presidency said. – SAnews.gov.za

Edwin
Sun, 04/06/2025 - 11:52
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ConstructAfrica Hosts First-Ever CIAB Town Hall

Location: Business
ConstructAfrica

ConstructAfrica (https://ConstructAfrica.com) successfully convened its inaugural ConstructAfrica Industry Advisory Board Town Hall Meeting today, bringing together influential stakeholders from across Africa's construction and infrastructure sectors.  

The gathering marked a key milestone in the company's mission to provide thought leadership, strategic insights, and actionable intelligence, for the construction and infrastructure sectors in African. 

The African construction and infrastructure market is projected to reach approximately $2 trillion in 2025, driven by rapid urbanization, population growth, improved governance and increased investment in infrastructure projects. The continent's need for infrastructure development is underscored by an estimated $130 billion annual financing gap, highlighting the critical need for strategic investments and innovative solutions. 

The event featured participation from distinguished leaders across the infrastructure and construction ecosystem, including CEOs of engineering and construction firms, directors of multilateral development finance institutions, academic experts, and current and former senior executives in international finance. Participants hailed from various parts of the continent, including Nigeria, South Africa, Zimbabwe, Ethiopia, and Seychelles, as well as internationally from the U.K. and Australia - underscoring the pan-African and global outlook of the board. 

A key outcome of the meeting was the formation of the ConstructAfrica Industry Advisory Board (CIAB) - a strategic body of high-level professionals that will support ConstructAfrica's growth, guide its content and engagement strategy, and strengthen its reach and relevance across African markets. 

The composition of the board will be announced in the coming weeks. 

“Today marks a pivotal moment for Africa's construction and infrastructure landscape. By collaborating with industry leaders through the CIAB, we are not just shaping policy; we are driving transformative change that will empower communities and foster sustainable growth across the continent.” said Dr. Segun Faniran, Founder & Publisher at ConstructAfrica 

ConstructAfrica delivers actionable market intelligence, construction project updates, and infrastructure data through its online platform (https://apo-opa.co/4iQdKcQ). With a focus on equipping industry players, investors, and policymakers with actionable insights, ConstructAfrica plays a vital role in building a more sustainable and better-connected construction industry across Africa. 

Distributed by APO Group on behalf of ConstructAfrica.

For more inquiries, contact: 
Name: Dr. Segun Faniran
email: hello@constructafrica.com
Phone: +971 56 566 4792
ConstructAfrica 

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MARS Awards 2024 Winners: 5 Outstanding Researchers from 5 African Countries Honored

Location: News
Merck Foundation

  • Merck Foundation announced the winners of Merck Foundation Africa Research Summit – MARS Awards winners 2024, 5 Researchers from 5 different African Countries recognized under two categories - Best African Women Researchers and Best Young African Researchers. 
  • Merck Foundation also announced the Call for Applications for new edition of Merck Foundation Africa Research Summit – MARS Awards 2025 to empower Women and Youth in STEM in Africa with special focus on ‘The Role of Scientific Research in Women Health and Reproductive Care'. 

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, announced the Winners of Merck Foundation Africa Research Summit (MARS) Awards 2024, in partnership with International Federation of Fertility Societies -IFFS, Africa Reproductive Care Society - ARCS, Manipal University and African Union Scientific Technical Research Commission to recognize African Researchers for their valuable research work and contribution to empowering women and youth in STEM in Africa with special focus on ‘The Role of Scientific Research in Women Health and Reproductive Care'. 

Senator Dr. Rasha Kelej, CEO of Merck Foundation and Chairperson of Merck Foundation Africa Research Summit - MARS expressed, “Since 2016, I have taken immense pride in recognizing the achievements of our MARS Awards winners. This year, we honor Six Winners in two categories: ‘Best African Women Researchers Awards' and ‘Best African Young Researchers Awards.'  

These awards celebrate their significant contributions to research, particularly highlighting the efforts of African women researchers, who remain underrepresented in this field. Through the MARS Awards, our mission is to empower young researchers in Africa and to specifically encourage and support women researchers by enhancing their research capabilities and promoting their vital roles in STEM (Science, Technology, Engineering, and Mathematics).” 

The winners of ‘Best African women Researchers Awards' and ‘Best Young African Researcher Awards' will be enrolled into research training at a premier research institute in India. 

“And I am also very happy to share with you all that as promised, we provided an opportunity to our first-place winner of each category to attend the 11th Edition of Merck Foundation Africa Asia Luminary which was recently conducted in Tanzania, however, only Mr. Jules Irenge Mongane was able to attend it”, shared Senator Rasha Kelej. 

Merck Foundation is committed to improving the lives of people and has been transforming the Patient care landscape and making history together with its partners in Africa, Asia, and beyond, by providing 2080 Scholarships for doctors from 52 Countries in 44 critical and underserved medical specialties. 

The MARS 2024 Award Winners are: 

Winners of “MARS Best Women African Researchers Awards” 2024  

1. Nompumelelo Lebogang Malaza, SOUTH AFRICA (First Position) 
TOPIC: Association Between Biochemical And Epigenetic Markers With Glycaemic Control And Neonatal Outcomes In Diabetic Pregnancies 

2. Dorotheah Obiri, GHANA (Second Position) 
TOPIC: Immune dysregulation in placental malaria and hypertensive disorders of pregnancy 

Winners of “MARS Best Young African Researchers Awards” 2024 

1. Jules Irenge Mongane, DEMOCRATIC REPUBLIC OF THE CONGO (First Position) 
TOPIC: Association Between Bacterial Vaginosis, Chlamydia Trachomatis Infection And Tubal Factor Infertility In Bukavu, Democratic Republic Of Congo 

2. Christian Chassem Lapue, GABON (Second Position) 
TOPIC: Epidemiology of helminthiases in women of reproductive age living in Lambaréné and its surroundings, Gabon 

3. Gebrhud Berihu Haile, ETHIOPIA (Second Position) 
TOPIC: Incidence of neonatal mortality and factors influencing neonate survival in  neonatal intensive care unit in Northern Ethiopia: a prospective cohort study 

“I am also excited to announce the Call for Applications for the new edition of the Merck Foundation Africa Research Summit (MARS) Awards 2024. This year, special focus will be again on “The Role of Scientific Research in Women Health and Reproductive Care,” added Senator, Dr. Rasha Kelej. 

Merck Foundation Africa Research Summit - MARS 2025 will have scientific support from African Union Scientific-Technical and Research Commission (AU-STRC); African Reproductive Care Society (ARCS), and Manipal Academy of Higher Education (MAHE). 

Details for MARS AWARDS 2025 

Abstracts are invited from final year African PhD students and young investigators involved in research related to either of the following topics: 

1) Women Health 
2) Infertility and Reproductive Health  

All applicants should be primarily based at African Research Institutes and Universities, although collaboration within Africa as well as outside is also welcome.  

Last Date of Submission: 

Applications can be submitted till 30th June 2025 

How to apply:  

Apply by clicking: https://apo-opa.co/3R1Vhhq

Alternatively, the Applications and abstracts can be submitted via email to mars@merck-foundation.com, along with CV (including Name, Gender, Country, University/Hospital Name, Email address, Mobile Number) and the abstract document as an attachment. 

Other Details: 

  • All Abstracts will be peer reviewed. 
  • Research Awards will be dedicated for two categories of Best African Women Researchers and Best Young Africa Researchers. 
  • Winners will be eligible for Research Training in prestigious Research Institute in India. 
  • Top Winners will be invited to attend the 12th Edition of Merck Foundation Africa Asia Luminary 2025. 

Distributed by APO Group on behalf of Merck Foundation.

Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com

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About Merck Foundation: 
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/41VyNEY), X (https://apo-opa.co/3FTjdRz), Instagram (https://apo-opa.co/4crisLN), YouTube (https://apo-opa.co/42klehm), Threads (https://apo-opa.co/447LYnA) and Flickr (https://apo-opa.co/4ckHufy). 

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. 

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African Mining Week Unveils 2025 Program, Connecting Investors to African Projects

Location: News

Energy Capital & Power
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The African Mining Week (AMW) conference and exhibition has officially launched its 2025 program, unveiling key topics and lucrative opportunities across Africa's mining value chain. The three-day program will foster collaboration on investment, value addition, local content development and industrialization. Bringing together African regulators, key mining stakeholders and global partners, AMW serves as a critical platform for shaping the future of African mining.

Download the program here: https://apo-opa.co/42kb940

Scheduled for October 1–3 in Cape Town, AMW takes place under the theme, From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. The event is co-located with the African Energy Week: Invest in African Energies conference, providing attendees a strategic opportunity to gain insight into opportunities across both the energy and mining sectors in Africa.

The AMW program features the Ministerial Forum, where African and global mining ministers will connect to showcase investment opportunities, discuss regulatory frameworks and highlight efforts to drive local beneficiation and value addition. Through policy revitalization and strategic partnerships, African markets are increasingly positioning themselves as attractive destinations for global investors.

A series of Country Spotlights will offer a deep dive into Africa's diverse mineral wealth, featuring insights into Botswana and Angola's diamond resources, Zambia's copper reserves and the Democratic Republic of Congo's cobalt market. Spotlights will also examine the latest developments within South Africa's platinum group metals, Zimbabwe's lithium, Mali's uranium and Malawi and Tanzania's rare earths industries.

AMW's Critical Minerals Track will explore emerging trends and opportunities within a sector that is crucial to the global energy transition. With Africa holding 30% of the world's critical minerals, the continent is attracting substantial interest from international players eager to unlock its vast potential. AMW will spotlight Africa's growing role in mineral diplomacy, as countries strengthen investment ties and infrastructure collaboration with global partners, including China, the U.S., Canada, the UAE, Australia and the European Union. Meanwhile, AMW Roundtables will facilitate deal signings and enhanced cooperation among African stakeholders and international investors.

Innovation will take center stage at the Technology Forum, set to explore the transformative role of digital technologies, AI and machine learning in modernizing mineral exploration and production. African markets are increasingly leveraging advanced tools to accelerate exploration, with companies such as Botswana Diamonds utilizing AI-driven solutions to diversify beyond traditional diamond mining. Meanwhile, KoBold Metals is using AI to unlock new copper discoveries in Zambia, supporting the country's ambition to ramp up production to 3.1 million tons annually by 2031.

The Investment Track will bring together global investors, including public financiers and international development finance institutions to explore funding opportunities across the mining value chain. Discussions will focus on optimizing financial mechanisms, such as loans, private placements and equity funding, to maximize capital flows to Africa's mining sector. Additionally, the Junior Miners Forum will provide a platform for small-scale mining firms to pitch their projects to investors, potential partners and industry experts, enhancing their contributions to the sector's growth. Join AMW 2025 today and be part of the discussion on Africa's mining future.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com. To download the working program, please visit www.African-MiningWeek.com

Distributed by APO Group on behalf of Energy Capital & Power.

Read moreAfrican Mining Week Unveils 2025 Program, Connecting Investors to African Projects

Progress made in tackling global challenges

Location: News

Progress made in tackling global challenges

South Africa’s Presidency of the Group of 20 (G20) is making significant progress in tackling global challenges through an inclusive and collaborative approach.

This is according to the country’s G20 Sherpa, Zane Dangor. Sherpas are the personal representatives of the G20 leaders.

“We believe this is important and that the G20 must work with the UN [United Nations] and other multilateral institutions to mitigate these challenges and to find practical solutions for all of us. 

“We look forward to constructive engagements from all members of the G20, the invited guests [and] also the international organisations,” he said on Thursday. 

Dangor who is also the Director-General for International Relations and Cooperation, chaired the second virtual meeting of the G20 Sherpas in Pretoria on Thursday.

He also stressed the importance of Ubuntu – a philosophy of inclusiveness and solidarity – in addressing global challenges and achieving shared interests across international organisations.

“We must express our appreciation in the way that you embraced the spirit of Ubuntu, the culture that underpins not just South Africa’s culture of inclusiveness, but also Africa’s wider culture. Ubuntu really underpins our commitment and solidarity in addressing our common challenges in achieving shared prosperity,” he said during the opening session of the meeting. 

Dangor stressed South Africa’s commitment to multilateralism and shared prosperity, with 15 working groups having already conducted their first meetings and three task force meetings.

Working Groups are made up of representatives from member countries’ Ministries. The G20 working groups cover diverse areas, including development, anti-corruption, culture, education, women’s empowerment, environment, health, tourism, and disaster risk management.

“We hope that as you listen to the reflections of the working group members in your own inputs, you’ll be able to sharpen what you believe we should be taking forward as a collective.” 

He also touched on a diplomatic engagement where he told attendees that the Foreign Ministers’ meeting in February this year expressed strong support for South Africa’s themes and priorities, particularly in managing geopolitical issues.

At the meeting in February, G20 foreign ministers threw their weight behind South Africa’s Presidency priorities, which focus on sustainable development and debt sustainability for low-income countries, amongst others.

READ | Foreign Ministers’ Meeting backs SA’s G20 Presidency priorities 

In addition, he said following Brazil’s model, South Africa’s Presidency aims to develop in-depth discussions on geopolitical matters through ministerial and leadership channels while allowing working groups to focus on technical issues.

Dangor acknowledged the enormous task ahead and the need for support from key members and international organisations.

The Sherpa said the objective of the two-day meeting which will conclude on Friday, is to take stock of what has happened, identify areas for improvement, and address key issues.

READ | South Africa convenes second G20 Sherpa Meeting

He announced that the next meeting for the G20 Sherpa will be held from 26 to 28 June 2025 at the Sun City Resort in the North West, marking an in-person gathering to continue collaborative discussions. – SAnews.gov.za
 

 

Gabisile
Thu, 04/03/2025 - 13:49
 46 views

Read moreProgress made in tackling global challenges

CLG Granted CEMAC Tax Accreditation, Reinforcing Position as Regional Legal Partner

Location: Business
CLG

Legal, tax and business advisory conglomerate CLG (www.CLGGlobal.com) - formerly Centurion Law Group – has officially been approved as a Central African Economic and Monetary Community (CEMAC) tax advisor by the CEMAC Standing Committee on Fiscal and Accounting Harmonization. CLG Tax and Legal will provide its full suite of tax services across all CEMAC member countries, supporting business and transactions across various strategic fields, including oil, gas and mining.

The tax certification not only comes as part of a broader restructuring of CLG's tax and legal services offerings, aimed at positioning the firm to better serve clients throughout the region with integrated solutions, but as the CEMAC region pursues accelerated growth across its strategic economic sectors. Specifically, the region's oil and gas sector is on track for rapid growth, as nations implement ambitious production targets. The Republic of Congo aims to produce 500,000 barrels per day (bpd) by 2027; Gabon targets 220,000 bpd in the short-term; while Equatorial Guinea and Cameroon are scaling-up gas monetization. These targets require significant levels of investment and CLG stands ready to support transactions and broader economic growth.

Given the potential of the CEMAC region's natural and mineral resources, project developers and investors have already begun to expand their presence across the region. In the Republic of Congo, TotalEnergies is investing $600 million in the Moho Nord project; Trident Energy recently acquired stakes in the Nkossa, Nsoko II, Lianzi and Moho-Bilondo fields; while Perenco increased production at the Tchibouela II and Tchendo II fields following a $30 million investment. In Gabon, wildcat drilling is underway on Blocks BC-9 and BCD-10 while Perenco advances the $1 billion Cap Lopez LNG terminal toward a 2026 start. In Equatorial Guinea, the country is preparing to launch an oil and gas licensing round while Cameroon drives a gas-to-industry agenda. Further developments in Chad are underway, highlighting the region's potential as a major producing hub.

Stepping into this picture, CLG's accreditation will serve to further support current and future transactions. Over the past decade, CLG has significantly grown its tax practice, providing comprehensive tax advisory and compliance services to numerous multinational companies operating across Africa. This sustained growth reflects CLG's commitment to meeting the complex tax needs of investors and businesses on the continent, from corporate tax planning and regulatory compliance to cross-border taxation strategies.

“By bolstering our tax practice in the CEMAC region, CLG continues to establish itself as a one-stop-shop for investors in the region and across the continent. The CEMAC accreditation aligns with our strategy to support impactful transactions in Africa and we look forward to strengthening our presence across the continent,” stated Zion Adeoye, CEO and Managing Partner of CLG.

CLG already has a strong presence in Africa, with offices in South Africa, Nigeria, Mauritius, Ghana, the Republic of Congo, Cameroon, Equatorial Guinea, Namibia and South Sudan. The company caters to a diverse portfolio of multinational companies operating globally, delivering bespoke solutions tailored to address the unique challenges and complexities faced by clients in different industries. CLG's expertise covers energy, infrastructure, mining, agriculture and ESG, to name a few. For the CEMAC region, CLG's extensive network and growing expertise positions the firm as strategic partner for regional and global firms. As companies expand their presence across the region, CLG's agile, integrated approach - underpinned by its local roots and depth of experience - demonstrates the rising prominence of African advisory firms on the global stage. The CEMAC tax certification not only expands CLG's regional service coverage but also solidifies its reputation as a trusted partner for businesses navigating Central Africa's evolving tax landscape.

“CLG's deep understanding of its clients' businesses, collaborative approach with local authorities, multinational orientation and highly experienced local teams are some of the factors that set our tax practice apart in the region,” stated Daoudou Mohammed, CLG Tax and Legal Director.

Distributed by APO Group on behalf of CLG.

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SA Has World Class Medical Researchers – They Can and Should Be Bailed Out

Location: News

Medical scientists at the University of Cape Town have been hit especially hard by funding cuts made by the US government. South Africa has many of the world’s best HIV and TB researchers. Until recently, this research excellence was widely recognised by the fact that local research groups kept winning grants to conduct critically important …

Read moreSA Has World Class Medical Researchers – They Can and Should Be Bailed Out

George welcomes announcement on private sector-powered grid expansion initiative

Location: News

George welcomes announcement on private sector-powered grid expansion initiative

The Minister of Forestry, Fisheries and the Environment (DFFE), Dr Dion George, has commended the announcement that government will pursue private investment for the construction of new transmission lines.

Electricity and Energy Minister, Dr Kgosientsho Ramokgopa, on Tuesday announced that a pilot programme, the Independent Transmission Programme (ITP) will pave the way for the construction of 1 164 kilometers of new transmission lines.  

The Department of Forestry, Fisheries and the Environment said Ramokgopa's statement aligns with the DFFE's vision, by encouraging private sector involvement, which aims to address the transmission constraints that have hindered the integration of solar and wind energy, especially in the Cape province.

“This significant step forward aligns seamlessly with the vision Minister George articulated earlier this week in his landmark decision on Eskom’s emissions framework, marking a triumph for South Africa’s sustainable energy future,” the department said in a statement on Wednesday. 

On Monday, George underscored the urgent need for innovative infrastructure solutions to balance energy security with environmental responsibility, subtly pointing to the expansion of transmission capacity as a key enabler for renewable energy growth. 

The Minister said Ramokgopa’s announcement is a "resounding victory for the sustainable energy path we are forging." 

“My decision on Eskom’s emissions earlier this week laid the groundwork for a modernised energy system that respects our climate commitments. Minister Ramokgopa’s bold move to unlock private investment in transmission lines is exactly what I alluded to – a practical, impactful step to harness our renewable potential and secure a cleaner future for all South Africans.”

George also commended the cross-governmental collaboration, noting that the R440 billion Transmission Development Plan, now supported by private funding, will ease the burden on Eskom and the national budget, while accelerating the transition to renewable energy. 

He reaffirmed his dedication to partnering with Ramokgopa to ensure that environmental standards remain integral to this transformative infrastructure expansion.

“This initiative is about more than just power lines – it’s about powering opportunity. We are opening the door to investment, job creation, and South Africa’s emergence as a green economy leader,” George said 

The procurement regulations are set to be released on Thursday, 3 April 2025. – SAnews.gov.za
 

Gabisile
Wed, 04/02/2025 - 13:12

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Read moreGeorge welcomes announcement on private sector-powered grid expansion initiative

Equinix Strengthens Commitment to Nigeria’s Digital Economy

Location: Business
Equinix

Equinix, Inc. (Nasdaq: EQIX) (www.Equinix.com), the world's digital infrastructure company™, has officially opened its latest data center expansion in Lagos. Called LG2.3, the facility will support Nigeria's growing digital transformation efforts, providing state-of-the-art colocation and secure interconnection solutions which will empower businesses across the region.  It also signifies Equinix's unwavering dedication to advancing Nigeria's position in the global digital economy, reinforcing the company's commitment to the region. 

As part of the inauguration, Bruce Owen, President of EMEA at Equinix, along with other Equinix executives, led the ribbon-cutting ceremony at the newly expanded site. In addition to an official visit to the Governor of Lagos State, Equinix hosted an exclusive customer engagement event, bringing together key customers and partners from Nigeria's business and technology sectors. Attendees discussed shared successes and Equinix's role in facilitating digital transformation, while also connecting directly with Bruce Owen for insights into how Equinix's solutions drive innovation and business agility in the region.

Equinix executives also took part in a tree-planting ceremony, symbolising Equinix's continued investment in sustainable initiatives across the globe and highlighting the company's broader goal of reducing its carbon footprint while supporting greener practices across its operations worldwide. 

Speaking about the expansion, Bruce Owen, President of EMEA at Equinix said “Nigeria is a crucial market for Equinix. Today's opening is a clear demonstration of our continued commitments to invest and grow digital infrastructure that will benefit the many thousands of businesses in Nigeria and on the continent as a whole. I am deeply encouraged by the enthusiastic partnerships and innovations emerging from this dynamic region, which continue to inspire our commitment to Nigeria's digital and sustainable future.” 

Adding to this, Wole Abu, Managing Director of Equinix West Africa, highlighted the critical role of data centers in driving economic growth stating “Data centers continue to play a pivotal role in driving economic development in Nigeria, serving as critical infrastructure that supports digital transformation and economic growth. As governments and enterprises increasingly acknowledge their significance, global demand for data center capacity is poised to rise. While Africa's demand for data solutions is still evolving compared to more mature markets, the continent is demonstrating strong potential for digital adoption and innovation. To meet this growing need, Equinix is actively advancing three major data center projects in Nigeria, with future expansion plans for Ghana, Côte d'Ivoire, and South Africa.”

Equinix remains steadfast in its mission to enable secure, scalable, and sustainable digital growth for economies across the world.

Distributed by APO Group on behalf of Equinix.

Equinix Media Relations:
press@equinix.com

Equinix Investor:
invest@equinix.com

About Equinix:
Equinix (Nasdaq: EQIX) (www.Equinix.com) is the world's digital infrastructure company™. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

Forward-Looking Statements:

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; stock price fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; risks related to regulatory inquiries or litigation and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

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Conference places the spotlight on ocean sustainability 

Location: News

Conference places the spotlight on ocean sustainability 

As the current holder of the G20 Presidency, South Africa is leading global efforts for ocean sustainability, particularly focusing on advancing sustainable ocean initiatives in Africa.

The country is hosting the 14th International Conference on Southern Hemisphere Meteorology and Oceanography (ICSHMO), which is currently underway in Cape Town. 

This premier scientific gathering, being held in Africa for the first time since 1997, brings together renowned meteorologists, oceanographers, and climate scientists to address the unique atmospheric and oceanic challenges of the southern hemisphere.

The five-day event, which kicked off on Monday, is hosted by the National Research Foundation (NRF) through the South African Environmental Observation Network, with support from the Department of Science, Technology and Innovation (DSTI). 

The conference shows South Africa’s growing influence in global climate science.

Opening the conference, the Deputy Minister of Science, Technology and Innovation, Nomalungelo Gina, emphasised the urgent need for scientific collaboration to combat the escalating threats of climate change.

“The world is experiencing intensified heatwaves, prolonged droughts, rising sea levels, and extreme weather events that disrupt economies, displace communities, and strain infrastructure,” the department said. 

South Africa has witnessed the devastating impact of climate change in repeated floods and recurring droughts. 
These events highlight the pressing need for enhanced climate prediction, risk management, and adaptation strategies, all key topics at ICSHMO 2025.

The Deputy Minister stressed the importance of turning scientific knowledge into tangible, actionable solutions. 
Through the NRF, the country continues to support cutting-edge research in marine and coastal science, weather forecasting, and climate adaptation, to inform global policy and action.

Gina welcomed the integration of ICSHMO with the Ocean20 initiative, a flagship programme introduced under Brazil’s G20 Presidency, which is designed to promote sustainable ocean governance, and reiterated South Africa’s commitment to leveraging science, technology, and innovation for sustainable development.

The Deputy Minister stressed the importance of equitable access to artificial intelligence, big data and remote sensing technologies, which were transforming climate science, enabling more accurate forecasting, early warning systems, and disaster preparedness. 

Collaboration and knowledge-sharing were key to building a more stable and resilient global future, especially for nations that were most vulnerable to climate change.

A group of learners from Luhlaza and Usasazo high schools in Khayelitsha attended the conference and had a special interaction with Gina on the benefits of science for society.

During the opening session, Kenya’s representative for the United Nations’ Intergovernmental Panel on Climate Change, Patricia Nying’uro, highlighted the critical role of indigenous knowledge in promoting sustainability. She stated that the extensive knowledge accumulated by indigenous communities over centuries should be utilized to enhance climate action efforts.

NRF CEO, Dr Fulufhelo Nelwamondo, said the conference would provide a vital platform for advancing scientific collaboration, sharing cutting-edge research, and addressing the pressing challenges of climate variability and change in the southern hemisphere.

“The insights and discussions over the next few days will undoubtedly contribute to shaping policies and strategies that enhance climate resilience in our region and beyond,” he stated. – SAnews.gov.za
 

Gabisile
Tue, 04/01/2025 - 09:39
 163 views

Read moreConference places the spotlight on ocean sustainability 

Government allocates R1.44 billion for natural disaster recovery efforts – Hlabisa

Location: News

Government allocates R1.44 billion for natural disaster recovery efforts – Hlabisa

Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, has announced a significant financial commitment of R1.44 billion from the R11 billion requested to assist municipalities impacted by recent natural disasters.

The funds, dispersed between February and March 2025, aim to address infrastructure damage caused by floods, heat waves, and severe weather events across multiple provinces.

The grant allocation covers 60 municipalities and provincial sector departments across five provinces, including the Eastern Cape, KwaZulu-Natal, Limpopo, Mpumalanga and Free State, targeting sectors such as infrastructure repair, education, health and agriculture.

Meanwhile, the Minister announced that the National Disaster Management Centre (NDMC) has officially classified recent weather events as a national disaster, enabling prompt intervention and support for affected communities.

“As we face the growing challenges posed by natural hazards such as floods, heat waves, fires and droughts, it is crucial to recognise the substantial threats these events pose to our communities, to our infrastructure, as well as to our economy.

“While climate change has exacerbated some of these risks, we also confront challenges that stem from unsustainable practices and inadequate planning,” the Minister said on Monday at a media briefing. 

He believed that acknowledging these factors allowed government to pursue proactive measures and solutions that can lessen future risks.

The country has been experiencing significant weather events, including heavy rains, floods, thunderstorms and strong winds since the beginning of 2025. 

The Minister is of the view that this calls for urgent collaborative action and resilience-building within communities on behalf of the government and South Africans. 

Hlabisa also took the time to offer his condolences to the families and loved ones of the 40 people who have lost their lives since the December holidays. 

“We continue to commit our efforts to build resilience and reduce the risk of future disasters so that no more lives are needlessly lost.” 

He assured citizens that the State was now turning its attention to recovery and improving preparedness for future challenges by learning through developing stronger systems and strategies that will safeguard citizens and enhance collective resilience.

Hlabisa emphasised the importance of accountability, warning that any mismanagement or diversion of funds will face strict consequences. 

“I'm speaking about the funds amounting to R1.44 billion already in the accounts of our municipalities, but what we notice in some of our municipalities is that the poor infrastructure, planning and implementation become a serious factor.

“The poor workmanship is always noted once the money has been spent, diversion from the original allocation. When money was allocated for a bridge, a municipality decides to use the money for salaries, or when the money was allocated for 3 kilometres, the municipality decided to spend the money on 1 kilometre,” he explained. 

However, he said government will do whatever it takes to ensure that they follow these monies that have been allocated and have given municipalities up until August this year to use the allocated funds.

“The allocation of disaster response and recovery grants is a testament to our unwavering commitment to safeguarding our communities and rebuilding our nation as we navigate these challenging times. We must work together, leveraging our collective strengths and resources to ensure a resilient and prosperous future for all people of South Africa,” he concluded. – SAnews.gov.za

Gabisile
Mon, 03/31/2025 - 14:24
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Read moreGovernment allocates R1.44 billion for natural disaster recovery efforts – Hlabisa

Cassava Technologies Collaborates With Microsoft to Launch Community Engagement Initiative Creating Youth Employment Opportunities in South Africa’s Renewable Energy Industry

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Cassava Technologies

Pan-African technology company Cassava Technologies (www.CassavaTechnologies.com), in a strategic collaboration with Microsoft, has launched a community engagement initiative focused on South Africa. Through this initiative, the two organisations will establish training hubs for youth in the local communities that will help spur employment opportunities in the renewable energy industry.

By prioritising renewable energy skills development, energy efficiency, and community microgrids, the initiative will empower the next generation to lead in the transition to clean energy. Activities will be focused in Johannesburg and Cape Town, where Cassava and Microsoft operate.

The project's training hubs will play a vital role in equipping Africa's women and youth with the skills they need to thrive in the renewable energy industry and ensure that the benefits of the energy transition are realised by all.

Cassava Technologies, through its renewable energy company and co-location companies, will be a key player in this collaboration. Their local renewable energy expertise will ensure that the initiative delivers tangible benefits linked to clean energy jobs and projects to the communities that are involved. Through this initiative, Cassava and Microsoft are supporting community engagement and sustainable development in the region and across the continent, which lays the groundwork for expansion into other African markets.

Finhai Munzara, Chief Corporate Development Officer of Cassava Technologies, said, “We are honoured to collaborate with Microsoft on this project, which ensures that we bring all Africans along as we transition to a digitally connected future using sustainable energy. By leveraging our technological expertise, on-the-ground experience, and Microsoft's global reach, we are poised to make a lasting, positive impact on South African communities.”

 "We are pleased to work with Cassava to support climate initiatives in South Africa that enhance local communities, ensuring that those all have the tools to thrive," said Markus Swart, Director of Data Centre Operations in South Africa at Microsoft. 

Distributed by APO Group on behalf of Cassava Technologies.

About Cassava Technologies:
Cassava Technologies is a global technology leader of African heritage providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Headquartered in the UK, Cassava has a presence across Africa, the Middle East, Latin America and the United States of America. Through its business units, namely, Cassava AI, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, and Sasai Fintech, the company provides its customers' products and services in 94 countries. These solutions drive the company's ambition of establishing itself as a leading global technology company of African heritage.

www.CassavaTechnologies.com

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Read moreCassava Technologies Collaborates With Microsoft to Launch Community Engagement Initiative Creating Youth Employment Opportunities in South Africa’s Renewable Energy Industry