Here is a brief overview of the week’s news on African Review, from 18th - 22nd September 2017
Africa to develop a mineral resource classification system
The African Minerals Development Centre (AMDC) is pioneering an initiative to set up an African mineral resource classification (AMREC) system on the basis of the UN frameworks Classification for fossil energy and mineral reserves and resources (UNFC). Click here to read the full story.
USTDA grants mini-grid projects in Madagascar
The US Trade and Development Agency (USTDA) has awarded a grant to Malagasy energy company Henri Fraise Fils & Cie for the development and implementation of mini grids in Madagascar. Click here to read the full story.
Reports show much greater finance needed to achieve global goals to close the electricity access gap by 2030
Sustainable Energy for All (SEforALL) and partners announced on 18 September in New York, first-of-its-kind research analysing finance flows for electricity and clean cooking access in 20 countries across Africa and Asia with significant access gaps, and how finance strategies could be scaled and refined to reach more people, more affordable, with sustainable energy. Click here to read the full story.
Total partly acquires EREN Renewable Energy to expand its renewable business
Total will acquire an indirect interest of 23 per cent in EREN RE by subscribing to a capital increase for an amount of €237.5mn (US$282.92mn). The agreement also gives Total the possibility to take over control of EREN RE after a period of five years. Click here to read the full story.
President Museveni wants Trump to prioritise economic infrastructure for developing countries
The President said one of the challenges Uganda needed to tackle was electricity but the country did not get cooperation from the western countries in the 1960s, 70s, and 80s. Click here to read the full story.
GE to help build one of Egypt’s first solar power plants with 1,500-volt technology
Egypt is rising to become the next solar hotspot. Part of the government’s ambitious sustainable energy strategy is the landmark solar Feed-In Tariff (FiT) program, which sees the utility-scale solar power plants taking off in the country for the first time. Click here to read the full story.
Africa becoming the dumping ground for eWaste
A growing amount of computer equipment from Western nations is being found on toxic eWaste dumps throughout Africa and is being pulled apart by children as young as five. Click here to read the full story.
Dangote Foundation, GBCHealth, join forces to build coalition on health
Through his Foundation, Dangote has made an unprecedented grant and seed contribution to GBCHealth of US$1.5mn over three years. Click here to read the full story.
Mitsubishi releases special edition warehouse and forklift trucks for silver jubilee
Marking 25 years of keeping businesses in Europe, Africa and the Middle East productive, Mitsubishi Forklift Trucks has launched a special 25th-anniversary edition of its award-winning range of warehouse and forklift trucks. Click here to read the full story.
Societe Generale launches new mobile money solution YUP in Africa
Societe Generale has introduced new African mobile bank YUP in the Ivory Coast and Senegal, aiming to providing a new alternative to the traditional banking model, with a full range of transactional and financial services even without a bank account. Click here to read the full story.
The ARF 2017 in Morocco to focus on Africa’s renewable energy development
The Africa Renewable Energy Forum (ARF) is going to take place from 29 November 2017 to 1 December 2017, at the Hyatt Regency Hotel in Casablanca, with focus on driving the development of renewable energy projects across the continent. Click here to read the full story.
Xodus wins two ESIA contracts in Senegal
Xodus Group has received two environmental and social impact assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa. Click here to read the full story.
