Following a Phase 2 investment of UK£1.2mn (approx. US1.4$mn), BASEC, a global leader in product testing and certification services for the cable industry across numerous sectors, has announced that its fully-equipped medium voltage cable testing facility in a new regional lab in Dubai is now fully operational
Energy
Fortescue explores hydrogen opportunities across southern Africa
Fortescue Future Industries (FFI) has been in the spotlight in recent weeks after announcing multiple collaboration initiatives to develop green hydrogen in Africa
Masdar and IFC explore green hydrogen possibilities
The International Finance Corporation (IFC), a global development institution focused on the private sectors of developing countries, has signed an agreement with Masdar, a fast-growing renewable energy company, to explore areas of collaboration around climate action for emerging markets
Engen combines with Vivo Energy to create pan-African energy distributor
Vivo Energy, a major pan-African retailer and distributor of fuels and lubricants, and Engen, which boasts around 1,300 service stations across the continent, have combined their respective African businesses to create one of the largest energy distribution companies in Africa
IEA: Renewables to dominate growth of electricity supply over the next three years
Renewables are set to dominate the growth of the world’s electricity supply over the next three years as together with nuclear power they are likely to meet the vast majority of the increase in global demand through to 2025, according to a new IEA report