Tag Archives: independent

AE-AMD Renewable Energy And Tenesol/SunPower Begin Work On Two Solar Projects In South Africa

Projects are Part of Government’s IPP Procurement Program   JOHANNESBURG and SAN JOSE, Calif., Dec. 20, 2012 /PRNewswire/ — AE-AMD Renewable Energy, a joint venture between the Spanish AMDA energia and the South African Alt-E Technologies, and Tenesol, a SunPower company (NASDAQ: SPWR), today announced two South African ground-mounted solar power projects totaling 33 megawatts (MW).  […]

Africa’s Energy Stakeholders Embrace “Global Technology for Local Solutions”

The timing of the first POWER-GEN Africa and Renewable Energy World Africa, which took place from 6-8 November 2012 in Johannesburg could not have been more favourable as the first contracts between the South African government and independent power producers (IPPs) to add 1400 megawatts of renewable energy to the national grid was signed during […]

Digital Marketing Institute Secures €3 million Certification Deal in South Africa

Minister Costello leads Enterprise Ireland trade mission to South Africa Over 3000 students will undertake digital marketing training in South Africa next year as Irish organisation, the Digital Marketing Institute, today announces a new partnership with South African Education Institute, Vega School of Brand Leadership. The Digital Marketing Institute forecasts that the South Africa market […]

Nigeria’s Constitution Review: Nigerians reject rotating the presidency between North and South

By Hussaini Umar Nigerians yesterday rejected single term presidency, which is being canvassed by President Goodluck Jonathan, during the House of Representatives Public Hearing on the review of the 1999 Constitution at the 360 Federal Constituencies in the country. Also, in most states, the call for the creation of additional states and the recognition of […]

Standard Bank Group leads US$550m Shoreline Natural Resources facility

Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources. This is one of the largest finance deals completed in Nigeria so far in 2012. Shoreline has used the facility to acquire 45% in OML 30, an oilfield in the Niger Delta […]

Standard Bank Group commits R9.4bn to first batch of renewable energy projects

Standard Bank Group has emerged as the leading investor in the first round of South Africa’s renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects. Standard Bank Group will provide comprehensive corporate and investment banking services to all its clients, including underwriting R9.4-billion worth of debt, providing […]

VAALCO Energy Provides Update on Mutamba Iroru Block Onshore Gabon

HOUSTON, Nov. 8, 2012 /PRNewswire/ — VAALCO Energy, Inc. (NYSE: EGY) today announced that the N’Gongui 2 exploration well being drilled onshore Gabon in the Mutamba Iroru concession has encountered hydrocarbons in the objective Gamba sandstone section. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO ) Robert Gerry, Chairman and CEO, commented: “With our partner, Total Gabon, we have elected to […]

Cloud summit set to transform Africa’s IT industry

  The anticipated 3rd annual Cloud and Virtualisation Summit Africa is taking place at the Hilton Hotel in Sandton, Johannesburg, from 10 to 11 October 2012. The event is hosted by international business-to-business conferencing company, Kinetic Events. The must-attend event is aimed at business and technology leaders who need to understand how cloud computing and […]

Catherine Ashton travels to Kenya to reiterate EU support to democracy, security and economic growth in the region

  BRUSSELS, Kingdom of Belgium, August 24, 2012/African Press Organization (APO)/ – Catherine Ashton, EU High Representative for Foreign Affairs and Security Policy/Commission Vice President, is travelling to Nairobi where she is to meet Prime Minister Odinga, Minister of Foreign Affairs Ongeri, and other Kenyan leaders on 28 August. As Kenya is preparing for national […]

Kola Aluko Hails $4.5 Billion Deal for New Refineries

  LONDON, July 23, 2012 /PRNewswire/ — The Nigerian government has signed a Memorandum of Understanding with US firm Vulcan Petroleum Resources and Nigeria’s Petroleum Refining and Strategic Reserve to build six new oil refineries in a deal worth $4.5 billion. Two of the plants, each of which will have a capacity of 30,000 barrels […]