On 20 April – 21 April 2022, following the recently concluded Finnovex East Africa conference, attended by Caitlin Naidoo, our IT & FinTech Practice Coordinator, she shares her insight on the state of IT and FinTech in Africa.
The case for a rapid clean energy transition has never been stronger or more obvious than it is now, in the wake of the Ukrainian invasion. The EU imports 90% of its natural gas needs, with Russia accounting for approximately 45% of those imports and different levels of contribution between Member States.
Mauritius has been dubbed by its Economic Development Board (“EDB”) (the statutory body responsible for the promotion of investment in Mauritius)
India’s climate change targets are commendable, and they place the onus squarely on the already wealthy nations to demonstrate that they are serious about combating climate change.
Amid the current crisis in Ukraine, many commentators have emphasized the role that Africa might play in ‘Europe’s energy dilemma and rescue’. As NJ Ayuk, the Chairman of the African Energy Chamber (AEC), who recently visited the Forschungszentrum Jülich to find out more about its Hydrogen Africa
Following the announcement by the country’s Energy Minister Suhail Al-Mazrouei, in November 2021, the United Arab Emirates began construction on the first green hydrogen plant in the Middle East. The United Arab Emirates has announced plans to achieve net-zero emissions by 2050 and has stated that it will oversee investments in renewable energy totaling 600 billion dirhams ($163 billion).
Updates on the South African electricity market – Eskom is leasing land for renewable energy projects & latest policy development
In December 2021 Eskom announced an auction process to unlock and make some of its land available to private investors for renewable energy generation, aiming to ultimately promote investments in further electricity generation capacity and infrastructure.
The electricity market in South Africa – Opportunities for German SMEs from the Renewable Energy sector
As the second-largest economy on the African continent and Germany’s number one trading partner in Africa, the South African renewable energy sector is increasingly brought to focus for German SMEs. Not only is the country blessed with abundance of renewable energy resources, but it is also regarded as an attractive location to do business as Africa’s most industrialised country with a highly developed financial and legal sector as well as modern infrastructure. South Africa has everything to become a trendsetter with a stable energy supply when it comes to alternative energy.
Als zweitgrößte Volkswirtschaft des afrikanischen Kontinents und Deutschlands wichtigster Handelspartner in Afrika rückt der südafrikanische Sektor der erneuerbaren Energien zunehmend in den Fokus deutscher KMU.
Africa is still grappling with the crisis of energy poverty—a problem that is only becoming more acute as a result of a decline in investment and a lack of adequate infrastructure. It is possible that renewable energy sources, despite their widespread availability across the continent, will fall short of meeting Africa’s electricity demands in the…
The AfDB Promises To Support South Africa with $2,8 Billion During The Next 5 Years At The 4th South African Investment Conference
On 24th March 2022, the 4th South African Investment Conference (SAIC) was hosted by the South African President Cyril Ramaphosa at the Sandton Convention Centre, Johannesburg.
Hundreds of millions of people have been lifted out of poverty by China’s remarkable economic growth over the past four decades, transforming the country into a leader in many industries while also becoming the world’s largest emitter of carbon dioxide (CO2) and accounting for one-third of global carbon dioxide (CO2) emissions.