The Member News Archive
Zambia Development Agency: Zambia Investor Briefing
The Zambia Development Agency (ZDA) published their Investor Briefing at the end of February, touching on numerous areas in which the country must prioritise in order to attract investment into the country, as well as how the country is using public-private partnerships to accellerate economic development.
PIDG: Guarantee companies unlock African infrastructure finance
Nigeria may be Africa’s largest economy — its powerhouse, even — but power cuts remain a frequent occurrence. The country’s grid has only half the capacity required to serve its 210mn inhabitants reliably.
DEG further increased new business and development impact in 2022
In the face of challenging global framework conditions, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, saw a further increase in new business in the 2022 financial year: at around EUR 1.6 billion, it again committed more funds to finance private enterprises in developing and emerging countries than in the previous year (2021: 15 EUR 1.5 billion).
RiskMap 2023: Top risks for the year ahead and what they mean for in-house counsel in Africa
DLA Piper: Fragmentation of the global system will intensify in 2023, propelled by drivers such as ripples from the COVID-19 pandemic, global divergence, the continuing conflict in Ukraine, and the global energy transition. We delve into this tumultuous reality from an African perspective where we see new regulatory trends emerging, new operational threats manifesting and risk registers needing to be revisited to include emerging threats.
Kenyan internet service provider, Mawingu, raises $9m to expand operations across Kenya
Nanyuki, Kenya: Mawingu, a Kenyan based Internet service provider operational in 15 counties, successfully closed their Series B investment bringing onboard new investor InfraCo Africa, part of the Private Infrastructure Development Group (PIDG). InfraCo Africa's $6 million USD commitment, delivered through its dedicated investment arm, will support Mawingu to roll out infrastructure across Kenya that will increase access to affordable internet connectivity to underserved households and businesses.
Clyde & Co Africa Breakfast Briefing
Miranda & Associados Podcast: Investing Beyond Borders
Listen to Miranda & Associados latest podcast titled, “Investing Beyond Borders”
Indaba: Diggers vs Dealers 2023 Twenty20
You are cordially invited to attend the Diggers Vs Dealers T20 cricket match taking place at 1pm on Sunday 5th February 2023 at Camps Bay High School, ERF3055 Lower Kloof Rd, Camps Bay, Cape Town.
You’re Invited: Africa’s Transition Metals Opportunity
Join Africa’s key mining companies, financiers, stakeholders and decision makers for a panel discussion on Africa’s Transition Metals Opportunity, how the Continent can fill the anticipated gap between supply and demand of these metals, and the ability to finance these projects, which are critical to global Net Zero targets.
Piloting a new financing model to scale energy access in Sierra Leone
Freetown, Sierra Leone: Following the successful commissioning of their Sierra Leone Mini grid project which has connected over 13,000 homes and businesses to clean energy, PIDG company InfraCo Africa and PowerGen Renewable Energy (PowerGen) have announced that they are collaborating to roll out further mini-grids in the country.
Mozambique: African Development Bank approves €125 million loan for hydroelectric power producer to modernize production system
The Board of Directors of the African Development Bank Group has approved a loan package not exceeding €125 million to Hidroeléctrica de Cahora Bassa (HCB) in Mozambique to support its Vital Capex program aimed at modernizing the company’s electricity production system.
AMEA Power completes US$1.1 Billion deal to deploy 1GW of Wind and Solar Energy in Egypt
AMEA Power, one of the fastest growing renewable energy companies in the Middle East, has announced today that it has achieved the financial close to deliver 1GW of renewable energy projects in Egypt. The landmark 500MW wind and 500MW solar projects, represent US$1.1 billion of investment into the Egyptian economy and takes the Company’s clean energy portfolio to 2GW in the country.
InfraCo Africa invests to scale access to clean transport in rural Zimbabwe
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement committing US$2 million to scale the offering of Mobility for Africa, an electric mobility company delivering affordable, cargo-carrying e-tricycles and solar-powered battery charging solutions for underserved communities in rural Zimbabwe.
Afreximbank’s Kanayo Awani at the forefront of AfCFTA
Named Woman of the Year at the Africa Financial Industry Summit, Afreximbank’s new vice-president Kanayo Awani has helped make her group one of the major players in the continental free trade area project.
Vallis Group: The World Food Programme
This Vallis Group Newsletter newsletter focuses on The World Food Programme, the evolution of the organisation, the scope of work they cover and the impact they have had in the countries they have been involved with throughout its history.
State of Arica Adaptation Report 2022 (SOAR)
For the period 1990-2010, Africa’s GDP per capita was on average 13.6% lower than it would have been if human-induced climate change had not occurred.
Gabon Virtual DealRoom will connect investors with opportunities in the Commonwealth’s newest Central African member using Asoko Insight’s proven technology
Gabon’s Ministry of Investment Promotion, Public-Private Partnerships and Asoko Insight are pleased to announce their partnership to develop the Gabon Virtual DealRoom, a virtual platform connecting global investors with opportunities from across Gabon’s dynamic economy.
DEG: USD 29.5 million for investment in renewable energy
The expansion of green power generation is essential to achieve a sustainable supply. It is for this reason that DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is investing USD 29.5 million in the first close of the “Alcazar Energy Partners II” fund managed by Alcazar Energy Partners (Alcazar), a developer of renewable energy projects.
INSEAD launches Lead the Future – its first 12-month transformational flagship online programme
The innovative enhanced learning journey prepare executives to Lead, Engage, Advance, Drive — in an increasingly complex and rapidly changing world.
Natural gas can advance the transition to net zero energy system
The global pursuit to the net zero goal by 2050 is getting closer with each year passing. Technologies and efforts that gets the global community near this ambition ought to be granted the backing required to enable the transition to a low carbon future quicker.