1 Nicaraguan Cordoba Oro = 0.5334 South African Rand

1 Netherlands Antillean Guilder = 10.2222 South African Rand

1 Estonian Kroon = 1.2867 South African Rand

1 Danish Krone = 2.6669 South African Rand

1 Fiji Dollar = 8.145 South African Rand

1 New Zealand Dollar = 11.2637 South African Rand

1 Croatian Kuna = 2.6448 South African Rand

1 Peruvian Nuevo Sol = 5.3988 South African Rand

1 Dominican Peso = 0.3334 South African Rand

1 Papua New Guinean Kina = 5.3495 South African Rand

1 Brunei Dollar = 12.9848 South African Rand

Twenty-five countries attracted high-ticket investment deals at the Africa Investment Forum

The EU is considering a broader mandate for the EBRD, and its president, Sir Suma Chakrabarti, believes its model would work in sub-Saharan Africa.

Poor infrastructure and political instability deter tourism, but small and manageable steps to avoid chaos and promote hospitality can work wonders.

Sub-Saharan Africa is the world’s fastest growing mobile phone market, but how can telecoms companies make the most of the huge opportunities the region provides?

The UN Sustainable Development Goals aim to end global poverty, but poorer countries are struggling to hit them. More help from richer countries is crucial, writes Mazdak Rafaty.

London event hears how the UK export credit agency is increasing its focus on trade with African countries. Jason Mitchell reports.

The UAE followed Singapore’s swift reaction to combat Covid-19, to preserve the health of its citizens. Now moves are in place to tackle the country’s economic wellbeing.

Having opened new production facilities in Rwanda and South Africa, Mara Phones is looking to alter Africa's mindset from being a 'consumer' to being a 'manufacturer'. 

Continued African development could hinge on public finance reforms.

The Egyptian capital Cairo led Africa in 2018, attracting 10 foreign business services investment projects, in its strongest performance since 2012. Joshua Crawford reports.

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said.

DBL Partners, the same venture capital fund that supported SolarCity for many years, has led the largest venture capital funding for distributed energy in Africa. Off Grid Electric announced today that it raised $25 million in a Series C investment.

Off Grid Electric, based in California and Tanzania, is installing solar in over 10,000 homes and businesses per month with what it calls “its radically affordable solar leasing platform.” The company designs, manufactures, sells, installs and services solar home units in Tanzania and is announcing today that it will be entering

Bloated by debt, bled by corruption and battered by structurally declining sales, South African power utility Eskom Holdings SOC Ltd. is facing what’s known in the industry as a “death spiral.”

Zambia and Zimbabwe have appointed the African Development Bank (AfDB) as lead financial adviser for the construction of the 2,400-MW Batoka Gorge hydropower project, according to Zambezi River Authority (ZRA) Chief Executive Officer, Munyaradzi Munodawafa.
 

In Abuja, Nigeria, on Oct. 25, Nigeria’s Minster of State for Power, Works and Housing, Mustapha Shehuri, and Lv Zeziang, president of China Gezhouba Group International Company Ltd. (CGGC), joined other government and company officials in dedicating CGGC’s North Central and West Africa headquarters.
 

Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced on Feb. 14 during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).

On Monday, Portland-Oregon-based flow battery manufacturer ESS announced that it has joined Power Africa, a U.S. government-led partnership coordinated by the U.S. Agency for International Development (USAID), as a private sector partner. ESS is the program’s first flow battery partner.

Power infrastructure in the East African countries of Uganda, Kenya, Tanzania and Rwanda is inherently connected to their economic growth. As urbanisation and industrialisation fuel the need for electricity in cities, the demand for electricity in East Africa is expected to grow at approximately 5.3 percent per year until 2020. To meet these requirements, generation capacity would have to increase by 37.7 percent in Uganda, 96.4 percent in Kenya, 75.3 percent in Tanzania and 115 percent in Rwanda. The government, in conjunction with development partners, must build a more favourable business environment to facilitate growth.

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said.

South African Energy Minister Tina Joemat-Pettersson said her department wants to address weaknesses in the process of commissioning renewable-power projects.

South Africa plans to triple electricity production from renewable-energy sources to help alleviate power shortages that caused rolling blackouts throughout the country in recent weeks.

A land claim brought against South Africa’s largest sugar farmer threatens to stop a 1.1 billion rand ($90 million) renewable-energy project that will produce electricity by burning leftover cane leaves and tops.

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Wesley Pydiamah, Partner in our Litigation and International Arbitration department and Manuel Tomas, Counsel, recently contributed to the 4th edition of The Guide to Advocacy published by Global Arbitration Review. In the chapter "Cultural Consider...

Overview Our previous briefing on this topic (Coronavirus: Implications for Employers) set out the main issues facing employers when dealing with the CoVID-19 outbreak. In this briefing we address some common...

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