SA’s Vodacom pledges 100% renewable energy shift by 2025

SOUTH AFRICA – South African mobile communications company, Vodacom has pledged to halve its environmental impact by 2025 with a target set to accelerate the reduction of greenhouse gas (GHG) emissions. The target will have a massive impact on Vodacom’s pledge, as electricity consumption is the primary source of the technology company’s greenhouse (GHG) emissions. By this target, Vodacom will…

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ENGIE and Anglo American inaugurate the world’s largest hydrogen mining truck

SOUTH AFRICA – A prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions has been launched by Anglo American plc at its Mogalakwena PGMs mine in South Africa. President of South Africa Cyril Ramaphosa officiated the launch of Anglo American’s nuGen™️ Zero Emission Haulage Solution.  The 2MW hydrogen-battery hybrid truck, generating more power…

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Empower finances 2.5 MW of solar power for AMECO’s Ramadan City plant

EGYPT – Norwegian renewable energy company, Empower New Energy, has signed an agreement with Arab Medical Equipment Company (AMECO) to build a 2.5 MW solar power plant. The renewable energy company will build a rooftop solar power plant to power AMECO’s factory in Ramadan City, Cairo, Egypt. The solar plant will have a capacity of 2.5 MWp, one of the…

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São Tomé and Príncipe calls for tender for 1.5MW solar PV plant in Santo Amaro

SÃO TOMÉ AND PRINCIPE – The government of São Tomé and Príncipe is launching a tender for the construction of a 1.5 MWp solar photovoltaic plant south of Santo Amaro financed by AfDB. The call for expressions of interest is open until June 6, 2022. The successful company will sign an engineering, procurement, and construction (EPC) contract for a 1.5…

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Cameroon receives US$28m financing from EIB to strengthen economic resilience

CAMEROON – CCA Bank and Commercial Bank-Cameroun have received US$28.46 million (EUR27m) of new long-term financing from the European Investment Bank (EIB) to support investment by entrepreneurs and businesses across Cameroon and strengthen economic resilience to the COVID-19 pandemic. The two new credit lines will be managed by leading local financial partners, EUR 15 million (US$15.81m) by CCA Bank and…

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Renewable energy trader Africa GreenCo raises US$15m in fresh funding to scale operation in Zambia

ZAMBIA – Renewable energy trader Africa GreenCo (GreenCo) has raised US$15.5 million from several investors to expand its business. This financing obtained will mainly allow the development of the activities of its Zambian subsidiary GreenCo Power Services. The funding is from Denmark’s Developing Countries Investment Fund (IFU), the European Union (EU)-funded Electrification Financing Initiative (EDFI ElectriFi), and InfraCo Africa, a…

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Zimbabwe’s internet service provider ZOL rebrands to Liquid Home Zimbabwe

ZIMBABWE – ZOL, Zimbabwe’s leading Internet Service Provider has unveiled its new brand identity, Liquid Home Zimbabwe. This rebrand reflects the natural evolution of the well-loved home brand and its much-awaited alignment with the parent brand – Liquid Intelligent Technologies, a business of Cassava Technologies. As part of this rebrand, Liquid Home Zimbabwe will ensure the seamless transfer of all…

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