Progressing sustainability

By Thomas Samuel The synergy between solar, energy storage, and digital technologies is a tangible convergence we can see happening today and represents a major opportunity for sustainable cities and economies. Specifically, this revolution will fuel a huge growth in a number of self-powered and connected objects. For solar street lighting, this exponential growth has…

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Nigeria’s power sector failure, whose fault? 

Posers would continue to be raised on what Nigeria has benefitted from privatisation of its power sector. Recall the purpose of privatisation was aimed at confronting various problems obstructing the sector’s development. These include limited access to power, poor generation and usage of power capacity, contradictory roles and responsibilities between government and holding companies, among…

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Trump warns China Nuclear Tech exports will fail

By Irina Slav President Trump has warned China that Washington is taking measures to curb the exporting of nuclear technology to China, adding that Americans were not “stupid”, AFP reports as the Department of Energy released yesterday a set of measures “to prevent China’s illegal diversion of U.S. civil nuclear technology for military or other…

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YAHSAT completes Thuraya acquisition, appoints new CEO

Yahsat, a leading global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya. Ali Al Hashemi, who has led Yahsat Government Solutions, Yahsat’s specialised unit fulfilling defense and governmental client requirements, for…

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AIIM announces investment into airport holding company, SEGAP

Africa’s largest and most experienced infrastructure-focused private equity fund manager and a member of Old Mutual Alternative Investments, African Infrastructure Investment Managers (AIIM), has announced its acquisition, through African Infrastructure Investment Fund 3 (AIIF3), of a 50% stake in Société d’Exploitation et de Gestion Aéroportuaires (SEGAP), a holding company with an established portfolio of airport…

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ExxonMobil considers polypropylene production expansion along U.S. Gulf Coast

ExxonMobil has disclosed that it has started detailed engineering work on a potential U.S. Gulf Coast project to expand polypropylene manufacturing capacity by up to 450,000 tons a year to meet growing demand for high-performance, lightweight durable plastics. A final decision on the investment, anticipated to be several hundred million dollars, is expected later this…

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