In an opinion piece for The National UK, Simon Penney, Head of Middle East at Gemcorp, discusses the benefits of deepening links between GCC states and The African continent, and how an incease in trade and investment flows highlight the potential of such a partnership.

Genesis Energy Group, one of Africa’s leading energy infrastructure and serial climate impact investor across Africa, announced today the signing of a Memorandum of Understanding (MoU) with the West African Development Bank to implement GENESIS’ serial energy infrastructure projects within the Francophone West African countries.

The far-reaching effects of the global energy crisis on food systems in Africa underscore the critical necessity for cleaner and more affordable energy sources. Considering that Africa has 60% of the world's optimal sunlight exposure, this presents a tremendous opportunity to harness solar photovoltaics (PVs) for various purposes across the agriculture value chains, in order to revolutionize the food systems on the continent.  

Cairo, 4 March 2024: – African Export-Import Bank (Afreximbank) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets.

In December 2023, MIGA and TDB expanded their cooperation, with MIGA issuing an additional EUR 349 million 7-year guarantee for a loan provided by Standard Chartered Bank (SCB) as agent on behalf of a syndicate of banks, including Citibank as arranger.

DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH, continued to forge ahead in 2023 despite a still challenging environment: It committed a new record volume of EUR 1.9 billion for private investments in developing and emerging countries (2022: EUR 1.6 billion).

DLA Piper International has elected Charles Severs as its next Managing Partner, effective 1 January 2025. Following his ten-year tenure as International Managing Partner and Global co-CEO, Simon Levine will step away from the role to lead DLA Piper’s innovation and strategic transformation programme in a new role as Strategic Innovation Partner.

Africa GreenCo Group, operating through its Zambian subsidiary GreenCo Power Storage Limited (collectively referred to as GreenCo), is pleased to announce the successful execution of a Memorandum of Understanding (MOU) for a Battery Energy Storage Systems (BESS) project in Zambia with ZESCO Limited (ZESCO).

Following a construction period of twenty-one months, yesterday saw the launch of the M.V. Mpungu - the pioneering East Africa Marine Transport (EAMT) vessel - on Lake Victoria. Commissioned by InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and experienced regional logistics company, Grindrod Limited (Grindrod), the 96-metre-long vessel has the capacity to handle up to 1,000 tons of containerised cargo, the equivalent of twenty-one trailers.

Mr. Emuwa brings a wealth of experience spread over three decades leading and transforming banking institutions across Africa. After completing a sterling 25-year career with Citibank where he left as the Country Officer and Managing Director of Citibank in Nigeria, he went on to serve as the Group Managing Director and Chief Executive Officer of Union Bank of Nigeria.

For the second consecutive year, Africa Specialty Risks Ltd has been awarded a Silver Medal from EcoVadis in 2024, in recognition of its sustainability efforts. This achievement positions ASR in the top 87th percentile among all companies assessed across 175 countries and 200 industries in 2024, and top 15% across industry peers.

As the global population continues to grow, there is a corresponding rise in the demand for natural resources to meet the needs of communities and help economies to grow. Balancing the ever-increasing demand for raw materials with the limitations of Earth’s finite resources is a complex challenge. Natural resources companies — such as those in the oil, gas and petrochemicals, power generation and distribution, renewables and mining industries — are facing many challenges.

Miranda & Associados was recognised as the winner of "Lusophone Africa Law Firm of the Year" in the Chambers Africa Awards 2024, which was announced on 24th January 2024.

RMB has announced a strategic partnership with climate technology leader KOKO, where it has acted as the lead mandated arranger and financier for a pioneering carbon financing solution, to further propel KOKO’s climate objectives.

BMI (A Fitch Solutions Company) is hosting a webinar on 25 January, where experts will cover the six themes that BMI expect to dominate the regional outlook in 2024.

Generative AI (GenAI) exploded into the public consciousness in 2023, promising to transform the way business functions. Despite the potential, however, leaders are struggling to convert hype into reality.

Subsequent to the First Green Bond registration announcement at the COP 28 on 5 December 2023 in Dubai, The Copperbelt Energy Corporation PLC (CEC) is delighted to announce that the first tranche subscription towards the US$200 million green bond programme was oversubscribed by over 178 percent.

This week , Miranda & Associados brings you news on the impact of COP28 in the Miranda Alliance jurisdictions, energy transition projects in Angola, Mauritania, Mozambique and Portugal and other major developments in their jurisdictions. Sit back, relax, and enjoy Investing Beyond Borders.

AMEA Power is proud to announce its collaboration with Angolan authorities, the Ministry of Energy and Water (MINEA), and Luanda Water Public Company (EPAL) for a water desalination project in Luanda, Angola.

Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, today announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB).