INTERNATIONAL

Verdant Capital closes four private equity-related transactions in South Africa

Verdant Capital has closed four private equity-related transactions in South Africa with important fund raisings for Bridge Taxi Finance and Retail Capital, the sale of Nedan Oil and the sale of Baxi to MFS Africa. Verdant Capital has successfully raised ZAR 300 million (approx. USD 20 million) in debt financing for Bridge Taxi Finance from […]

Verdant Capital closes four private equity-related transactions in South Africa Read More »

Cargo ship lost control, struck embankment in Shanghai, China

Chinese cargo ship sank in South China Sea, 13 crew rescued

Cargo ship HANGSHENG88 sank in the afternoon November 12, 2021, 40 nm off the coast of Huilai County, according to FleetMon. It stated: “Cargo ship HANGSHENG88 sank in the afternoon Nov 12 40 nm off the coast of Huilai County, eastern coast of Guangdong province, China, South China sea (east of Hong Kong), cause of

Chinese cargo ship sank in South China Sea, 13 crew rescued Read More »

MARITIME ACCIDENT: How Container ship WYBELSUM contacted Lock’s wall in Kiel Canal

Disabled container ship SINGAPORE BRIDGE on tow

SINGAPORE BRIDGE taken on tow by offshore tug FAIRMOUNT EXPEDITION (IMO 9358943), towage commenced on November 13, 2021 port of destination yet unknown, according to FleetMon. It stated: “Confirmed disabled, adrift, cause yet unknown. AIS missing during last 6 hours. “Container ship SINGAPORE BRIDGE, IMO 9224348, disabled adrift in Bay of Bengal since Nov 7,

Disabled container ship SINGAPORE BRIDGE on tow Read More »

IFC partners Liquid Intelligent Technologies to boost Africa’s digital infrastructure

To support universal and affordable broadband access in Africa, IFC has partnered with Liquid Intelligent Technologies (Liquid.Tech) to expand data center capacity and the rollout of fiber-optic cable on the continent. The partnership with Liquid Intelligent Technologies, Africa’s leading independent fiber and digital services provider, aims to increase digital connectivity and inclusion in Africa and

IFC partners Liquid Intelligent Technologies to boost Africa’s digital infrastructure Read More »

Utilizing local content, international collaboration to deliver global standard solutions locally

Equatorial Guinea was under the spotlight on day three of the African Energy Week, sub-saharan Africa’s largest energy event, as the country establishes itself as a leader amongst African oil producers in the development of a capable and well established indigenous oil and gas services industry. With international players already having a notable presence in

Utilizing local content, international collaboration to deliver global standard solutions locally Read More »

South Sudan: Building the nation through the Energy Industry

The final day of African Energy Week 2021’s conference and exhibition featured a spotlight on South Sudan – sponsored by Trinity Energy – and the critical and lucrative role that the international community can play in building the nation through its energy industry. Featuring delegates from Trinity Energy, the Strategic Fuel Fund (SFF), Nilepet, AFENTRA,

South Sudan: Building the nation through the Energy Industry Read More »

Monetizing Natural Gas in Africa

Africa’s natural gas resources have the potential to accelerate socio-economic growth and eradicate energy poverty. Representing the ideal transitionary resource as well as a readily available one across the African continent, many resource-rich nations are looking to monetize resources and drive associated socio-economic growth Accordingly, many nations are seeking enhanced investment in order to maximize

Monetizing Natural Gas in Africa Read More »

OPEC plans First Ministerial Roundtable on Energy, Climate and Sustainable Development for oil-producing countries

Financing is critical to reach climate targets set in developing countries’ NDCs.

By HE Mohammad Sanusi Barkindo This is no ordinary time. It is a landmark COP, where the future of humanity is at stake. With negotiations of such magnitude and consequence, we must remember the often ignored scientific fact: climate change and energy poverty are two sides of the same coin. The delicate balance between reducing

Financing is critical to reach climate targets set in developing countries’ NDCs. Read More »

Scroll to Top