Category archives for: Energy

Huge Desert Solar Initiative to Make Africa a Renewables Power-house

Abidjan, Ivory Coast, December 10, 2018/ — The details of the “Desert to Power Initiative” have been outlined as part of the Paris Agreement climate change talks at COP24 in Katowice, Poland this week.

Aurecon Report Heralds New Era for Renewables

Global engineering and infrastructure advisory company Aurecon has today released a new report analysing the performance of the world’s largest lithium-ion battery energy storage system and highlighted that the use of similar fast response systems could significantly improve the reliability, affordability and sustainability of energy across Australia.

FocusEconomics: Energy Prices Will Decline Next Year

December 5, 2018//-Energy experts at FocusEconomics, a leading provider of economic analysis and forecasts for 127 countries in Africa, Asia, Europe and the Americas have revealed that energy prices will fall next year.

World Bank Group Supports Ambitious Climate Action With  $200 Billion  

Washington DC, USA, December 4, 2018 –The World Bank Group today announced a major new set of climate targets for 2021-2025, doubling its current five-year investments to around $200 billion in support for countries to take ambitious climate action.

Volatile Commodity Prices Could Lead to Global Civil Unrest

Volatility in commodity markets is likely to increase over the next few months, and this could lead to greater civil unrest – especially in the developing world – which could require military intervention. 

Côte d’Ivoire: Vantage Capital Provides €19 M Facility to Leading Distributor of Oil & Gas Products

Abidjan, Ivory Coast, December 3, 2018/ — Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has provided €19 million of mezzanine funding to Pétro Ivoire, a leading distributor of oil & gas products in Côte d’Ivoire.

COP24: UN and Bertrand Join Forces to Promote Renewable Energy in Africa

Geneva, Switzerland, December 3, 2018 – UNCTAD and the World Alliance for Efficient Solutions – a Swiss non-governmental organization established by Bertrand Piccard’s Solar Impulse Foundation – are joining forces to promote renewable energy in Africa.

Ghana: Shell Reduces Ex-pump Prices

Accra, Ghana, December 2, 2018//- Vivo Energy, the marketers and distributors of Shell branded products and services has reduced the ex- pump prices of petroleum products at Shell service stations in the first window for the month of December, in line with changing   market trends.

New Calls to Cities and Investors to Deliver Sustainable Finance Growth

November 30, 2018//-Two Calls to Action to step up efforts to close the urban green investment gap by mobilising up to US$ 6 billion from public and private investors – making public funds go further and greener.

African Oil Producers Urged OPEC to Continue With Historic Production Cuts to Stabilize Oil Price

Johannesburg, South Africa, November 30, 2018/ — The African Energy Chamber has urged the Organization of the Petroleum Exporting Countries (OPEC) and other key global oil producers, including Russia, to continue with the historic production cuts at the December 6, 2018 OPEC meeting to stabilize the oil price.

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