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Telecoms Sub-Saharan Africa
Airtel Africa launches digital infra subsidiary, Telesonic
Airtel Africa has launched Airtel Africa Telesonic to address digital infrastructure across the continent
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Renewables Sub-Saharan Africa
ACTOM wins contract for Botswanan solar
ACTOM has secured a contract to supply and deliver equipment for the 120MW Selebi-Phikwe solar PV plant in Botswana that is being developed by the Botswana Power Corporation and Scatec
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Renewables Sub-Saharan Africa
Oya hybrid energy project reaches FC, South Africa
ENGIE Africa and co-owners have reached financial close on South Africa’s128MW Oya Energy Hybrid Facility near Matjiesfontein
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Renewables MENA
Indian Oil ups stake in Phinergy, reaches 17%
Indian Oil Corporation has today completed its second round of investment in Phinergy, bringing its stake up to 17%
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Renewables Sub-Saharan Africa
AfDB commits $10bn to AGIA fund
The board of directors of the African Development Bank have approved a commitment to the Alliance for Green Infrastructure in Africa Project Development fund
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Oil & Gas MENA
ADNOC, BP partner on Egyptian gas
Abu Dhabi National Oil Company and BP have initiated a joint venture to grow the pair’s gas portfolio in Egypt
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Renewables MENA
Titan plans $1.36bn lithium plant, UAE
UAE-based Titan Lithium has partnered with economic zones operator KEZAD Group to build an AED 5 billion lithium processing plant in the Khalifa Industrial Area
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Renewables Sub-Saharan Africa
Konexa, NSP to supply clean energy to Nigerian Breweries
UK energy firm Konexa will today sign an agreement with Nigerian power generation company North South Power to aid in the supply of renewable power to Nigerian Breweries
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Transport MENA
Launch for central Iraq light rail PPP
The National Investment Commission of Iraq is now accepting bids for a light rail project linking Najaf and Karbala in the central region
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Renewables MENA
MAM signs MoU with Saudi infra fund
Macquarie Asset Management has signed an MoU with Saudi Arabia’s National Infrastructure Fund to increase long-term institutional and foreign private investment into the country’s infrastructure
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Transport MENA
Baghdad Metro PPP launches
Iraq has launched the procurement process for a long-delayed light rail project in the capital city
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Power Sub-Saharan Africa
HPX, Guma sign LOI for Liberian Liberty Corridor
High Power Exploration and Guma Africa Group have signed a letter of intent with the Government of Liberia to negotiate the DBFO of the Liberty Corridor connecting Guinea and Liberia
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Renewables Sub-Saharan Africa
TDB secures $300m for clean energy projects
The World Bank has extended an around $300 million facility to the Eastern and Southern African Trade and Development Bank to support distributed renewable energy and clean cooking private sector projects in eligible countries
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Social & Defence Sub-Saharan Africa
BlueEarth buys into BII emerging markets funds
Swiss manager BlueEarth Capital has partially acquired British International Investment’s stake in 3 funds across Africa and Asia – the UK DFI's first fund portfolio sale
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Oil & Gas Sub-Saharan Africa
DOF wins Cote d'Ivoire FPSO contract
Norwegian vessel owner DOF Group has secured a contract from Altera Infrastructure to install 1 floating, production, storage and offloading unit and 1 floating storage unit for phase 2 of the Baleine O&G offshore field in Cote d'Ivoire, West Africa
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Renewables Sub-Saharan Africa
SIMA reaches $131m solar bond first close
Social Investment Managers and Advisors has made a $131 million first close on a $150 million C&I solar green bond which will finance small-scale productive-use solar projects throughout Africa
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Transport MENA
Dubai to drive air taxi service
Skyports Infrastructure has signed an agreement with Dubai’s Road and Transport Authority and electric aircraft company Joby Aviation to launch an air taxi service in the emirate by 2026
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Renewables MENA
Bidders prequalified on Round 5 Saudi solar projects
Saudi Power Procurement Company has prequalified 23 bidders for the fifth round of solar projects under the National Renewable Energy Program, led by the Ministry of Energy
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Mining Sub-Saharan Africa
Moydow acquires Cascades' mining rights, Burkina Faso
Panthera Resources-backed mining and exploration company Moydow Holdings has exercised its option to acquire the Wuo Land 2 exploration licence, which comprises part of the Cascades project in Burkina Faso