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