Mauritius Africa FinTech Hub announces results of FinTech Ecosystem Mapping Survey on its first anniversary

After a fruitful year of community building, exciting member sign-ups, many learnings, great events and shared success, the Mauritius Africa FinTech Hub (MAFH) celebrated its first anniversary on October 3, 2019 at the Cerne Docks Warehouse, Port Louis. Since its launch, MAFH has engaged with multiple stakeholders in the FinTech industry, including financial institutions, Venture…

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First WATT Renewables wins ‘Renewable Energy Forum 2019’ co-organised by the African Development Bank

The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions First WATT Renewables has emerged the winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September in Abidjan and co-organized by the African Development Bank (AfDB). The…

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Balancing electricity security with the rise of renewables

As the contributions of solar PV and wind power to electricity systems keep growing around the world, governments and industry are challenged to address the critical work of integrating these variable renewables into their electrical grids. This is essential to make sure that countries can benefit from higher shares of renewable power while ensuring grid…

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Customer Service Week: Ikeja Electric assures customers of reliable services

Leading Electricity Distribution Company, Ikeja Electric Plc, has joined the global community to mark the Customer Service Week, while reassuring customers of improved experience and commitment to providing exceptional service delivery. In a statement signed by the Managing Director/Chief Executive Officer, Dr. Anthony Youdeowei, the Ikeja Electric brand is driven by an endless desire and…

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Sustainability week: Dangote launches waste-to-wealth, recycling, tree planting initiatives

As part of activities marking the 2019 Global Sustainability Week, employees of the pan-African conglomerate, the Dangote Industries Limited flagged off an environment focused initiative tagged “Waste -to-Wealth initiative”, focused on managing waste disposal while generating income and giving back to communities wherein we operate. The Company marked the Sustainability Week with the theme: “Our…

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Africa Finance Corporation ‘ll support Nigeria’s mining industry —Begna Gebreyes

The Senior Vice President, Investments, at the Africa Finance Corporation (AFC), Mr Begna Gebreyes, has said that the corporation will continue to support the Nigeria’s mining industry. Mr Begna Gebreyes will be part of a panel discussion at forthcoming Nigeria Mining Week, which will hold in Abuja from 14-16 October. Gebreyes and other industry experts…

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Africa needs to modernise and decentralise its grid to solve its power distribution problems

By Anastasia WALSH Grid modernisation, specifically the deployment of microgrids in rural areas, provides a promising strategy Electrification is an on-going and foundational investment, and a necessary one to realize all modern-day development objectives. Despite bullish policies, the fact remains that over 640 million Africans lack access to electricity. The effect of this is apparent….

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Ikorodu community lauds Ikeja Electric for ‘Back-To-School’ initiative

Nigeria’s leading electricity distribution company, Ikeja Electric, has received commendation from Executive Chairman, Ijede Local Council Development Association (LCDA), Honourable Salisu Fatiu Jimoh as the company donated educational packs including bags, exercise books and pens to support pupils of Anglican Primary School, Ijede. The initiative, tagged “Back to School’ campaign is in line with the…

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United Nations General Assembly 2019: No room for coal in Africa’s renewable future —Akinwumi Adesina

Adesina also talked about plans for $20 billion of investments in solar and clean energy that would provide the region’s 250 million people with 10,000 MW of electricity. African Development Bank (AfDB) President, Akinwumi Adesina on Tuesday, unveiled ambitious plans to scrap coal power stations across the continent and switch to renewable energy at United…

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