Category: Business News
Business News
EnergyNet: Making giant stride in Africa's power sector
By Oke Peter In its resolve to proffer a workable solution to the persistent power problems in African nations in the 21st century, EnergyNet Limited has taken it upon itself to bear the responsibility of making positive impacts in the power sector by organising relevant summits across the world to draw stakeholders’ attention to the…
Reaching every consumer with affordable energy by 2030 feasible -Rahul Kitchlu, World Bank Energy Specialist
Rahul Kitchlu is the Senior Energy Specialist at the World Bank. He is currently working on the energy portfolio in Ethiopia and co-author of the ‘Linking up: Public-Private Partnerships in Power Transmission in Africa’. In this interview with Energy Worth, he bares his mind on the recent World Bank report launched at the Africa Energy…
AFC provides US$28 million subordinated loan facility to Tunisia’s Topic SA
By Oke Peter A leading pan-African multilateral development finance institution and project developer, Africa Finance Corporation (AFC), is set to provide a US$28 million subordinated loan facility for the development of Topic SA’s (Topic) Halk El Menzel offshore oil concession block (The Helm Project) in Northern Tunisia. The Subordinated Loan Note has a 30-month tenor…
South Sudan holds dedicated energy and infrastructure summit in Juba
The Republic of South Sudan has announced its readiness host the first dedicated energy and infrastructure event in the nation’s history. The event, organized by the Africa Oil and Power with official endorsement by the Transitional Government of National Unity. It will take place between October 11 and 12, at the Freedom Hall in Juba….
South Sudan holds dedicated energy and infrastructure summit in Juba
The Republic of South Sudan has announced its readiness host the first dedicated energy and infrastructure event in the nation’s history. The event, organized by the Africa Oil and Power with official endorsement by the Transitional Government of National Unity. It will take place between October 11 and 12, at the Freedom Hall in Juba….
Business for Africa forum announces Africa 2017
By Oke Peter An international business forum, Business for African forum has announced its Africa 2017 forum. The forum is to bring important and influential leaders in Africa to discuss and develop African affairs. The programme, organized by the Ministry of Investment and International Cooperation and COMESA Regional Investment Agency (RIA), with the theme: “Driving…
REVIEW OF THE COLLATERAL REGISTRY ACT AND PROSPECTS FOR CREDIT ACCESS EXPANSION IN NIGERIA
A. Background Out of the estimated 37 million micro, small, and medium–sized enterprises (MSMEs) in Nigeria, only 31% are able to access credit for their businesses from local financial institutions (commercial and micro finance banks). As at Q4 2015, loans to MSMEs accounted for a meagre 0.1% of total credit advanced by commercial banks. …
Helios Towers Tanzania Limited (HTT), a subsidiary of Helios Towers Africa Limited (“HTA”), the independent telecoms tower infrastructure company, has announced that it has reached an agreement with Zanzibar Telecom Plc (Zantel), for the acquisition of all unique sites of their mainland tower portfolio. The organisation is also working with Zantel to decommission the duplicate…
Phanes Group opens African Solar Power Incubator to unlock energy potentials in the region
Phanes Group opens African Solar Power Incubator to unlock energy potentials in the region An integrated end-to-end solar provider headquartered in Dubai, Phanes Group, has launched its first Solar Incubator program. It is aimed at identifying potential PV projects in sub-Saharan Africa by providing access to funding as well as commercial and technical knowledge. The…