Chariot, Total Eren to produce 430 MW of solar and wind energy for FQM mining company

ZAMBIA – British energy company Chariot is joining forces with France’s Total Eren for a new project in Zambia. The two companies will produce 430 MW of solar and wind energy to power the mining facilities of the Canadian company First Quantum Minerals (FQM). The Chariot-Total Eren alliance has re-signed for a renewable energy project for mining operations. The two…

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Rwanda signs agreement with KOKO to establish US$25 million renewable cooking fuel utility

RWANDA – The Government of Rwanda has announced an agreement with KOKO Networks to develop the world’s first nation-wide renewable cooking fuel utility. KOKO has partnered with Dalberg, a global group working to build a more inclusive and sustainable world, to establish KOKO Rwanda, in order to develop a nation-wide Network that will enable convenient clean fuel access for all…

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Solar Tyme seeks US$1.75M in funding for solar microgrid and power plant in Sierra Leone

AFRICA – Solar Tyme, a US-based leading solar installation company is seeking to raise US$1.75 million for the construction of two renewable energy projects in Sierra Leone. The company intends to construct a 200 KW solar microgrid power plant in Kumala and a 50KW solar system power plant in Liro, with associated distribution lines and ancillaries. Local and state government…

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Mastercard and Ukheshe launch virtual card solution to increase efficiency on transactions

SOUTH AFRICA – Ukheshe, a fintech platform, has unveiled Mastercard’s Track Instant Pay for clients in the Middle East and Africa (MEA) region, which it says helps modernise business-to-business transactions. With the Track Instant Pay solution, Ukheshe says businesses are able to process live instant payments, increasing efficiency on transactions. Track Instant Pay is a next-generation virtual card solution that…

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Standard Bank provides Woolworths with US$41.53m sustainability-linked working capital facility

SOUTH AFRICA – Standard Bank, a financial services firm and retailer Woolworths have successfully concluded the first sustainability-linked working capital facility in South Africa to the value of R600 million (US$41.53m). The conclusion of the facility is testament to Woolworths’ commitment to achieving bold sustainability targets and realising its vision to be one of the world’s most responsible retailers, the…

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