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Exxaro Resources and YES will implement training programmes across the company’s coal mine operations in the Limpopo and Mpumalanga provinces. (Image Source: Adobe Stock)

The diversified mining and renewable energy solutions company, Exxaro Resources, has continued to power better lives through a partnership it has established with the youth employment service (YES) South Africa

The Agadir desalination plant is a benchmark project for Abengoa in the desalination sector worldwide, which will enable the production of 275,000 m3/day (150,000 m3/day of drinking water. (Image source: Abengoa)

Abengoa, an international company that applies innovative technology solutions for sustainable development in the infrastructure, energy and water sectors, has successfully passed all contractual tests for the Agadir desalination plant, Morocco

GLTC has opened a dedicated branch in George to serve the growing Garden Route market. (Image source: GLTC)

Goscor Lift Truck Company (GLTC) has commissioned a new branch in George, the second largest city in the Western Cape province of South Africa

Merchants can now offer Ghanaian shoppers the ability to pay by card, and popular local mobile money payment methods such as MTN MoMo, Vodafone Cash, Tigo Pesa and more. (Image source: Adobe Stock)

PayU, the leading online payment service provider operating in 50 emerging markets, has announced that it is strengthening its foothold in Africa with expansion into Ghana and a number of strategic product updates such as Payflex in South Africa, as well as both Scan to Pay and Pay by USSD in Nigeria

The West Bakr wind farm will produce more than 1,000GWh of renewable electricity every year. (Image source: Adobe Stock)

A consortium of UAE-based Masdar and Egypt’s Infinity Energy is set to buy a majority stake in Lekela Power from private equity vehicle Actis

According to a report from Reuters, the value of the sale could be worth close to US$1bn.

The deal would provide Masdar with its first assets in southern Africa.

Lekela Power has a portfolio of more than 1GW of wind assets across South Africa, Egypt and Senegal in addition to a 225MW wind project in Ghana. It had begun commercial operations of its 250MW West Bakr wind project in Egypt.

The West Bakr wind farm will produce more than 1,000GWh of renewable electricity every year, which will save more than 530,000 tonnes of carbon dioxide annually.

Lekela has developed the project under a build, own, operate (BOO) model. The developer received financing from the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC) and the US’ Development Finance Corporation.

Completion of the project has increased Egypt’s installed wind capacity by 18%.

Actis has put BioTherm Energy (BTE) Renewables, another Africa-focused renewable company, up for sale as well, Reuters reported.

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