Kibo Energy to supply 1 GW of CellCube batteries in Southern Africa

SOUTH AFRICA – Kibo Energy PLC, a green energy development company, has been granted conditional exclusive rights to the marketing, sales, configuration and delivery of CellCube’s vanadium redox flow batteries (VRFB) in Southern Africa. Kibo has signed a 5-year framework agreement with vanadium redox flow batteries manufacturer, Enerox GmbH. The agreement is subject to successful Proof of Concepts (PoC). Kibo…

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Coal power plant plans remain in five southern African countries’ energy mix

SOUTHERN AFRICA – Five Southern Africa countries, Botswana, Malawi, Mozambique, South Africa and Zimbabwe are forging ahead with their coal power plant plans despite the global ‘no new coal’ agenda. These five African countries are part of a group of 21 countries that have more than one new coal power plant at the planning stage. The five African countries all…

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ADF extends US$2.5m in grants to support the regulatory environment in SADC and COMESA electricity markets

SOUTHERN AFRICA – The Board of the African Development Bank Group has approved grants of US$2.5 million to advance intra-regional harmonization of electricity regulations and drive cross-border power trading in the COMESA and SADC regional blocs, which cover 28 African countries. The grants, US$1,500,000 for COMESA and US$1,000,000 for SADC, will be sourced from the African Development Fund, the Bank Group’s concessional financing…

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TradeMark East Africa and TDB ink deal to support trade in Eastern and Southern Africa

EAST AFRICA – TradeMark East Africa (TMEA) and the Eastern and Southern African Trade & Development Bank (TDB) have signed a Memorandum of Understanding (MoU) that establishes a framework for collaboration ultimately seeking to boost trade in the region served by both institutions. By leveraging the two institutions’ expertise in project development and finance, TMEA and TDB will endeavor to…

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Matrix Petroleum founder and CEO talks up AfCFTA prospects

SOUTHERN AFRICA – Diversified United Kingdom-based Metrix Petroleum says the Africa Continental Free Trade Agreement (AfCFTA) presents great opportunities for Africa’s development. Matrix Chief Executive Officer Mr. Malvin Chiwanga said in a statement to the media that their company was already present in South Africa, Zambia and Zimbabwe, and it was now expanding into Namibia and Tanzania through the linkages…

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Visa appoints Maurice Newa as new managing director for Southern Africa cluster

SOUTH AFRICA – Global payments group Visa, has appointed Maurice Newa as the new managing director of the Southern Africa cluster, a statement from the group has said. Newa would be responsible for the development and implementation of Visa’s growth strategy in the region and report to Aida Diarra, senior vice-president, and head of sub-Saharan Africa, and would be part…

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HiiL opens applications for Justice Accelerator for Southern Africa startups

SOUTHERN AFRICA – The Hague Institute for Innovation of Law (HiiL) is calling on all game-changing justice startups that want to grow their social impact and business to participate in this year’s HiiL Innovating Justice Challenge. Successful applicants will earn a place in the prestigious international HiiL Justice Accelerator programme, along with US$11,771 in funding and a package of tailored local support.…

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Dimension Data appoints Nompumelelo Mokou as managing director of its Southern Africa business

SOUTH AFRICA – Information technology services company Dimension Data has appointed Nompumelelo Mokou as managing director of its Southern Africa business, effective 1 April. This is another leadership change that comes hot on the heels of the company uniting its four brands of Dimension Data, Internet Solutions, Britehouse and ContinuitySA into a single entity or ‘One Dimension Data’. Mokou started…

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Emirates to resume flights to Johannesburg, Cape Town, Durban, Harare and Mauritius

AFRICA – United Arab Emirates carrier Emirates has announced resumption of flights to Johannesburg, Cape Town starting October 1, Durban on October 4, Harare in Zimbabwe 1st October while flights to Mauritius on 3rd October. The addition of the five points will expand the Emirates’ global network to 92 destinations as the airline gradually resumes its operations while prioritising the…

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