Tag Archives: feasibility studies

Ozwald Boateng Steps in as Guest Editor for a Leading Issue of New African

Made In Africa Foundation

The Made In Africa Foundation is a charitable organisation, established to support strategic infrastructure projects and create sustainable solutions to some of Africa’s most pressing problems. It works to support technical feasibility studies, to kick start key infrastructure developments and to engage the African diaspora in innovative fund-raising activities. The Foundation was founded in 2011 by international designer Ozwald Boateng OBE, and Nigerian businessman Kola Aluko, and is supported by Atlantic Energy.

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US $1 Million SEFA Grant to Provide Reliable Energy Services in Madagascar

 

TUNIS, Tunisia, February 5, 2013/African Press Organization (APO)/ The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in Madagascar. The grant will be used to finance feasibility studies for a combination of hydro, wind and solar technologies, technical assistance to the national power utility, the transactions advisory for a Public Private Partnership. Through this intervention, the African Development Bank (AfDB) (http://www.afdb.org) will play a catalytic role and pave the way for private investors and other financiers to work towards delivering a sustainable energy solution with huge socio-economic impacts on the island.

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Atlatsa Resources Corporation – Market Update and Renewal of Cautionary Announcement

JOHANNESBURG, Jan. 18, 2013 /PRNewswire/ – Shareholders of Atlatsa Resources Corporation (“Atlatsa” or the “Company”) (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) are referred to the announcements released on 2 February 2012, 3 May 2012, 14 June 2012, 27 July 2012, 7 September 2012, 22 October 2012 and 3 December 2012 respectively, relating to the agreement of key terms in respect of a transaction to restructure, recapitalize and refinance Atlatsa and the Bokoni group of companies (“Bokoni group”) (the “Restructure Plan”), as well as the media releases on 27 September 2012 and 2 October 2012 relating to the conclusion of the interim implementation agreement relating to the consolidation of the Bokoni group debt and consequent reduction in its cost of borrowing (“the phase one agreement”).

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De Beers and Mountain Province Diamonds are pleased with support as public hearings into Gahcho Kué project conclude in the Northwest Territories

YELLOWKNIFE, Dec., 2012 /PRNewswire/ – Economic benefits for the Northwest Territories and Canada, a comprehensive environmental plan and extensive engagement with communities and regulators drew praise from both government and a number of Aboriginal groups that attended five days of public hearings into the proposed Gahcho Kué Project, 280km northeast of Yellowknife.

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Oswald Boateng: Atlantic Energy & Made in Africa Foundation Supports AfDB’s $22bn “Marshall Plan” for Africa

 

LONDON, United-Kingdom, September 25, 2012/African Press Organization (APO)/ – The African Development Bank (AfDB) has proposed plans to float Africa’s first infrastructure bonds to member nations to raise up to $22 billion for investments in much needed infrastructure projects such as ports, railways, roads and energy, across the African continent.

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Great Basin Gold to Obtain $35 Million Loan Consequent upon CCAA Court Order

 

JOHANNESBURG, SA, Sept. 20, 2012 /PRNewswire/ – Great Basin Gold Ltd. (“Great Basin Gold”), (TSX: GBG; NYSE MKT: GBG; JSE: GBG) announces that it has agreed to a comprehensive term sheet from its existing bank lenders for a $35 million working capital loan which was approved as a debtor-in-possession (“DIP”) loan by order of the British Columbia Supreme Court pursuant to a Companies Creditors Arrangement Act (“CCAA”) filing made on September 19th, 2012 (Vancouver Registry 126583) . The DIP Loan will be a post-commencement financing under the previously announced business rescue (“BR”) provisions of the South African Companies Act which were commenced September 14, 2012. CCAA is a Canadian insolvency statute which will allow the Company a period of time to seek buyers and partners for its two gold mining projects and/or corporate level financiers in an effort to return Great Basin Gold to solvency.

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Global Manganese Industry

 

NEW YORK, Aug. 13, 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:

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W2 Energy Through Its European JV Partner W2H Luxembourg Holdings SA And EGM World LLC Sign Agreement For Joint Venture With BCL Limited

Joint Venture To Develop The Petrochemical Industry In Botswana For African Market

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Griffiths Energy International Inc. Arranges Private Equity Financing and Credit Facility and Provides Progress Update

Griffiths Energy International Inc. (“Griffiths Energy” or the “Company”) is pleased to announce it has arranged a $125 million private placement equity financing (the “Private Placement”) on a best-efforts basis through a syndicate of investment dealers. Griffiths Energy has also executed a term sheet in respect of a $75 million credit facility (the “Credit Facility”) with a syndicate of lenders. Griffiths Energy is also pleased to provide an update on its oil exploration, development and production activities in the Republic of Chad.

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