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USTDA, InfraCredit Announce Partnership to Bring U.S. Infrastructure Projects to Nigeria

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The U.S. Trade and Development Agency signed a Memorandum of Understanding with Nigerian-based financial guarantor Infrastructure Credit Guarantee Company to bring high-quality U.S. infrastructure solutions to Nigeria.

“The foundation of any strong partnership consists of trust, mutual respect and collective prosperity. These principles are central to our relationship with InfraCredit,” said Enoh T. Ebong, USTDA’s Acting Director. “USTDA’s three decades of project preparation expertise is an excellent complement to InfraCredit’s financial guarantees.

Under our partnership, we will leverage each other’s resources to overcome many of the constraints that inhibit the bankability of infrastructure investments in Nigeria.”

Under the terms of the MOU, USTDA and InfraCredit will work together to identify infrastructure projects that could benefit from project preparation funding and subsequent credit enhancements. This collaboration will facilitate the development of bankable infrastructure projects highlighting U.S.-based solutions and bring them to market for InfraCredit’s investment-catalyzing guarantees. The sectors of cooperation highlighted in the MOU include clean energy, information and communications technology, transportation, agribusiness and healthcare infrastructure.

“USTDA’s project preparation and partnership-building activities have supported InfraCredit in executing well-structured, bankable infrastructure projects that can access long term domestic institutional investments in Nigeria’s debt capital market. We believe this relationship is catalytic in strengthening local capacities and promoting domestic resource mobilization for infrastructure finance in Nigeria” said Chinua Azubike, Chief Executive Officer of InfraCredit

Currently, USTDA and InfraCredit are collaborating with Nigeria’s Hotspot Network Limited on the deployment of up to 2,000 cellular base stations that would expand digital connectivity in rural Nigeria. A USTDA-funded feasibility study on the project is currently underway for InfraCredit’s financial guarantee.

Since 1992, USTDA has funded nearly 80 project preparation activities in Nigeria.

15 Nation Group in West Africa to Launch Joint Currency

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Cedero Ecowas

The Economic Community of West African States (ECOWAS) commission announced on June 19 that the nations of the group will be converting to a single currency for their region by 2027.

The decision was announced by Jean-Claude Kassi Brou, president of the ECOWAS Commission, during a live news conference held as the group’s summit in Ghana completed on Saturday.

ECOWAS is comprised of the following nations: Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

The creation of the single currency for ECOWAS is intended to ease trade barriers between the member states, strengthen their economies through the creation of a currency all the countries support, and to foster overall economic growth.

The plan for the unified currency was created several years ago but its implementation was put on hold after the coronavirus turned the world upside down from 2020 to the present.

“Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021” Brou said.

With the pressures of the pandemic expected to ease later this year or into 2022, Brou said the group now has “a new road map and a new convergence pact” which will conclude with the launch of the new currency in 2027.

The name of the new currency will be the Eco.

The transition to the new currency could be complicated.

The dominant economy in West Africa by far is that of Nigeria. It uses a balanced float methodology to keep its existing currency, the Naira, at a stable exchange rate.

Eight others in the group, headed by Côte d’Ivoire, a major cocoa producer and headquarters for the powerful multilateral African Development Bank, have tied their currency for some time to the France-supported CFA franc. The CFA, known in this part of the region as the West African Central African currency, is guaranteed by the French treasury and has a constant exchange rate with the Euro.

The remaining other 6 nations in ECOWAS manage their currencies separately.

Pulling this together in a unified whole will take some time, which is why the launch of the ECO is still six years away.

Zamil Steel Egypt Enters Into Contract with China Railway Construction Engineering Group

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Zamil Steel Buildings Co., Egypt, a producer and supplier of pre-engineered steel buildings, steel structures, and other steel products, has been awarded a contract by China Railway Construction Engineering Group for the Light Rail Transit project in Cairo, Egypt.

Under the terms of the contract, Zamil Steel Egypt will supply custom-made steel structures for the overhead catenary system and all supporting units for the mechanical, electrical, and plumbing works, using around 2,120 metric tons of steel, for the light rail transit (LRT) project, which will connect El Salam City and the New Administrative Capital through 10th of Ramadan City in Egypt.

The 90-kilometer high-speed rail line will enter passenger service in October 2021, with a capacity of 500,000 commuters per day. It guarantees speedy transportation between Cairo and the new cities (Obour – Mostakbal – Shorouk – New Heliopolis – Badr – Industrial Zone and the 10th of Ramadan – the New Administrative Capital) with a total of 16 stations.

Mapping Africa’s Leap into becoming one of World Betting’s Most Exciting Markets

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These days, the world of betting is bigger and better than it ever has been before. Betting operators are constantly on the lookout to develop their products in ways that will ensure their users are satisfied beyond measure, which is certainly paying off, especially across Africa.

Africa can be thought of as world betting’s new and exciting prospect. Many operators have turned their attention to the sprawling continent, as it holds so much promise from a betting perspective.

Historically, it has been European countries that have received the most attention from online betting operators, as nations like Italy, Sweden, Germany and the UK each have rich betting cultures that have come to shoulder the sporting events that are so widely supported.

With rich betting cultures often come clear and easy to follow regulations that are well laid out for operators to act upon. This is part of the reason European countries have been at the forefront of the iGaming revolution.

While many big name betting operators have now turned their attention to Africa, it is important to note that there have been plenty of influential betting sites that have come from the continent, each offering their own unique products to their local markets.

For example, SportPesa in Kenya, Bet9ja in Nigeria, and Hollywoodbets in South Africa each offer their respective markets a betting suite that is targeted to meeting the needs of locals from a betting perspective, something that outside international operators can only achieve in a limited capacity.

While the rise of operators is one of the reasons that can be used to explain the betting boom in Africa, certain features of the continent itself makes it an absolute prime destination for those looking to make a couple of wagers.

For one, based on census data, inhabitants of Africa have an average age of 19.7. While potentially surprising information, it points directly to the fact that betting has seen a considerable upturn throughout the continent.

Younger people are simply more likely to engage in risk taking behaviour, such as betting. The risk in betting is what makes it so thrilling, and why it is often younger people, between the ages of 18 and 30 who generally engage more in the practice.

What’s more is that younger people are more influenced by sporting heroes than older generations. Generally, sportsmen have the ability to almost cast spells on younger people, as youth tend to idolise these sporting stars. This develops a vested interest in the sport, which paves the way for wager making.

Another factor that can be linked to Africa’s subsequent betting boom is the fact that mobile smartphones have managed to penetrate the market. Nowadays, betting online does not require laptops or other elaborate devices, but rather only requires a smartphone and an internet connection.

What’s clear is that betting in Africa presents an incredibly exciting prospect for everyone from operators, affiliates, and all those involved in the iGaming industry. We have only seen the tip of the iceberg, as more and more nations begin to emerge as giants of the industry.

African Development Bank Board Approves Water Policy

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The Board of Directors of the African Development Bank Group has approved a new policy on water, prioritizing water security and the transformation of water assets to foster sustainable, green and inclusive economic growth in regional member countries.

The policy aims to promote Africa-wide attainment of a minimum platform of water security, with a special focus on areas of fragility, as well as assist African countries and sub-regional groups harness and sustain water resources productivity potential to support development.

The new Water Policy is anchored around four principles:

Principle 1: attaining water security at household, national and regional levels should be recognised as a key outcome fundamental for inclusive growth. The Bank seeks to promote the attainment of water security in all its regional member countries and sub-regions.

Principle 2: equitable social welfare and economic growth. The Bank will continue to advocate for an integrated approach to water development and management by striking a sustainable balance in the social, economic and environmental spheres.

Principle 3: promoting sustainable and equitable access to water services as an enabler for the Sustainable Development Goals.

Water is a key enabler for many of the United Nations Sustainable Development Goals, The Bank considers water to be essential for life, health, dignity, empowerment, environmental sustainability, peace and prosperity. The new policy aims to vigorously promote water security to advance the SDGs agenda.

Principle 4: transboundary water resources management and development should be recognised as a significant requirement to achieve seamless regional economic integration. The Bank will actively seek to use the transboundary nature of water to enhance regional integration and promote conflict resolution.

In its assessment of the policy, the Bank’s Board commended the Bank’s water, policy and strategy departments for leading the policy-preparation process.

The Bank will establish an internal coordination mechanism for water-related interventions to be overseen by a committee with adequate capacity, resources and appropriate skills.

Since 2010, the African Development Bank has invested an estimated $6.2 billion in water supply and sanitation services delivery.

COVID-19 has exposed vulnerabilities caused by under-investment in water, sanitation and hygiene services, also known as WASH. Despite these challenges, the active water sector portfolio stood at $4.3 billion, comprised of nearly one hundred national projects implemented in 40 countries, and 6 multinational projects.

Is Africa Where the Next Climate Crisis Showdown Will Happen?

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Murchison Falls Game Park

This week French energy giant Total became the latest global target for the Fridays for Future Climate Strikes, when protesters attacked it for human rights violations, greenwashing, and ecocide connected with its destructive fossil fuel projects across Africa.

Total was under attack throughout the past week in protests across Africa for its leadership position in driving three major threats to global warming and the environment. Though the company has been involved in African fossil fuel projects for some time, the latest attacks were for the company’s new triple-threat leadership of the East African Crude Oil Pipeline Project, the Tilenga Development Project which will ravage the environment through major drilling in dozens of locations throughout Uganda, and the Mozambique Liquefied Natural Gas project.

The East African Crude Oil Pipeline Project (EACOP), if it is allowed to be built, will bring 230,000 barrels of crude oil every day from drilling areas in western Uganda’s Lake Albert region to Tanga, the Tanzanian port city located on the Indian Ocean. If the protesters fail in their efforts to force Uganda’s hand to stall the pipeline, it will feature the world’s largest electrically heated pipeline and will run almost 900 miles (1,450 kilometers) across much ecologically sensitive terrain. The total cost of this project is estimated at $3.5 billion.

According to environmentalist studies, the pipeline will impact some 770 square miles (2,000) square kilometers of currently protected land in the region. An estimated one-quarter of that land is currently the home of endangered species such as African savanna elephants, lions, and eastern chimpanzees. Within Tanzania, the pipeline also travels through seven forest preserves and the Wembere Steppe, an important biodiversity habitat, as well as now at-risk marine areas near the Tanga port.

Despite the obvious toxic nature of the project, Total says the EACOP development will “generate a positive net impact on biodiversity,” something even Total’s business partners have not had the audacity to suggest.

“Imagine a tropical version of the Alaskan oil pipeline, only longer,” wrote environmental author Fred Pearce about EACOP. “And passing through critical elephant, lion, and chimpanzee habitats and 12 forest reserves, skirting Africa’s largest lake, and crossing more than 200 rivers and thousands of farms before reaching the Indian Ocean—where its version of the Exxon Valdez disaster would pour crude oil into some of Africa’s most biodiverse mangroves and coral reefs.”

As the EACOP project became more of a reality, in 2017 the World Wide Fund for Nature Uganda group also called out the pipeline as “likely to lead to significant disturbance, fragmentation, and increased poaching within important biodiversity and natural habitats.”

A report from the NGO Osfam published in 2020 said the pipeline “will cross poor, rural communities in both Uganda and Tanzania that lack the political and financial capital of the project stakeholders.”

Unfortunately for those poor who will be disproportionately affected by what is happening, Oxfam continued, there are unfortunately “lopsided complications of this power dynamic [which are]…well-documented in similar extractive industry projects.”

“Powerful companies are often able to hide their operations behind local contractors and permissive government authorities,” the report went on. “Often the only hope that local communities have for remediation or justice is through local government bodies that are often weak, fragile, or captured by corporate and national interests.”

As one Ugandan farmer in Rakai located near the Tanzanian border said in an interview recently, “when this pipeline project came, they promised us too many things. Up to now they have done nothing.”

The project is also expected to cause breaches of the divide between human populations and those of the natural species they share the land with at this time.

“We have always had a problem of human-wildlife conflict in the village,” said Elly Munguryeki, a farmer who lives on the borders of Murchison Falls National Park, in an interview with reporters just a few weeks ago.

“With drilling and road construction across the park, the invasions are more frequent,” Munguryeki added. “We keep reporting the losses to park authorities but nothing happens. Each night a herd of buffalo, baboons, and hippos from the park would invade my farm and neighboring plots and eat our crops until dawn. Whatever they left would be eaten by baboons and wild pigs during the day, forcing us to harvest premature crops.”

Total responds to criticism like this by claiming it carefully crafted the route of the pipeline to “minimize the number of residents relocated,” which NGOs and local residents dismiss as total fantasy.

In an April 2021 report published by the online news source Mongabay, on the human side of the equation alone an estimated 12,000 families will be kicked off their homeland to make room for yet another major and unneeded fossil fuel project.

The second target of the protesters’ ire is the Tilgenga Oil Fields Development Project. Already well under way, if this project is allowed to finish construction, involves the construction of 400 environmentally-risky water injector and projection wells in six major oil fields across Uganda, plus a central processing facility and almost 100 miles (160 kilometers) of flowline infrastructure to interconnect the system. Those oil fields are located in Jobi-Rii, Ngiri, Gunya, Kasemene-Wahrindi, Kigogole-Ngara, and Nsoga. 31 well pads at those fields will be used as the base for the new wells.

The various fields are positioned in various locations not far from the Victoria Nile River. The Jobi-Rii field is just north of it and the others are on its southern end. Part of the project will take place in the rich biodiverse lands of Murchison Falls National Park.

The central processing field, located in the Ngwedo sub-county of the Buliisa distrct, will process an estimated 190,000 barrels of oil a day via a separation process which will extract the oil from a mix of water and gas. The gas, which is likely to dump significant carbon emissions into the atmosphere as the mix is processed, will be used to produce electricity to run the facility. The used water which is separated off from the oil will be re-injected into the oil fields.

The Tilenga Oil Fields Development Project is a joint effort by Total SE, a division of Total France, the China National Offshore Oil Corporation (CNOOC), and the Uganda National Oil Company (UNOC).

The third major effort in Total’s plans in Africa that the protesters went after yesterday was its $20 billion liquefied natural gas project planned for Mozambique. Total bought a $3.9 billion stake in the project in 2019 and had hoped to begin exporting the LNG fuel by the end of 2024. Even the first phase of this initiative is expected to produce greater than 13 million tons of LNG per year.

Total ended up suspending work on the LNG processing and distribution program in Mozambique after a March 2021 attack which happened to be in the same area where construction of the LNG infrastructure was taking place. The attack was from militants linked to the Islamic State and had nothing to do with  LNG protests.

Total expects to continue work on this project when the violence eases up.

It because of the combined greed, corruption, and mass ecological damage that Total and its co-conspirators in governments on the continent, in partnership with China, and with local industrial partners, that protests against Total grew hot this past week throughout Africa.

The peak of the protests took place on Tuesday, celebrated annually as Africa Day, as a reminder to all of what is at stake as Total’s activities continue to deploy.

Protests took place in various-sized gatherings at Total petrol stations in Benin, the Democratic Republic of the Congo, Egypt, Ghana, Kenya, Nigeria, Togo, and Uganda.

Andre Moliro, an activist from the Democratic Republic of the Congo, said to reporters much of what sums up the anger and frustration Africans have with the damage Total is creating in multiple regions on the continent.

“Total’s fossil fuel developments pose grave risks to protected environments, water sources, and wetlands in the Great Lakes and East Africa regions,” he said.

“Communities have been raising concerns on the impact of oil extraction on Lake Albert fisheries and the disastrous consequences of an oil spill in Lake Victoria, that would affect millions of people that rely on the two lakes for their livelihoods, watersheds for drinking water, and food production,” he continued.

The protests are proceeding, despite the Uganda government actively supporting its oil drilling partners via police actions against anyone who might stand in the way of bringing the landlocked Uganda its expected billions of new revenues from the various projects in that country.

On May 24, for example, police in Buliisa arrested Ugandan human rights defender Maxwell Atuhura, who also works with  the African Institute for Energy Governance (AFIEGO), and Federica Marsi, an Italian journalist, just as both were on their way to meet with local community members.

AFIEGO is one of several NGOs who have sued Total for its environmental crimes within Africa.

Journalist Marsi was released from custody later the same day he was arrested. Police authorities directed him to get out of the oil region immediately, threatening him with the warning that he should do so “before bad things happen.”

Atuthura is still in the hands of the police. The World Organization Against Torture has issued a global demand for help to ensure Atuthura’s immediate and safe release.

Despite the risks to their own personal safety, the urgency and seriousness of the cause is what keeps the protesters speaking up.

“We cannot drink oil, said Venessa Nakate, founder of the Rise Up Movement and an Ugandan climate justice activist. “This is why we cannot accept the construction of the East African Crude Oil Pipeline. It is going to cause massive displacement of people [and the] destruction of ecosystems and wildlife habitats.”

“We have no future in extraction of oil because it only means destroying the livelihoods of the people and the planet,” Nakate continued. “It is time to choose people above pipelines. It is time to rise up for the people and the planet.”

Siemens Energy Agrees To Provide F-class Gas Turbine in Cote d’Ivoire

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Siemens Project

Siemens Energy has signed an agreement with Spanish EPC contractor TSK to provide the company’s highly efficient energy technology and services to Atinkou (formerly known as Ciprel V), a new combined cycle power plant to be built in Jacqueville, Côte d’Ivoire.

Owned by ATINKOU S.A., a subsidiary of Eranove, the power plant will have an installed capacity of 390 MW in combined cycle and introduces the first F-class gas turbine in the Sub-Saharan Africa. The plant is scheduled to begin operations in late 2022.

Siemens Energy’s scope of supply includes one SGT5-4000F gas turbine and one SST5-3000 steam turbine, each along with a generator, condenser and an SPPA-T3000 control system. Additionally, a comprehensive 12-year long-term service agreement (LTSA) has been signed between the end customer ATINKOU S.A. and Siemens Energy.

“Siemens Energy is proud to be supplying the very first, highly efficient F-class gas turbine to the Sub-Saharan region, thereby continuing our commitment to improve access to reliable and affordable energy in West Africa,” said Karim Amin, Executive Vice President of Siemens Energy’s Generation Division. “Supported by our state-of-the-art technology and services, this power plant will be the most efficient natural gas fired power plant in Côte d’Ivoire and in the region. It will help to reduce the area’s carbon footprint from power generation and support Côte d’Ivoire in its efforts to become a regional energy hub.”

“Since the signing of the concession with Ivorian authorities in December 2018, the Pan-African Industrial group Eranove– in charge of the design, financing, construction, operation and maintenance of this plant, carried by the company ATINKOU– is very proud to bring together partners like Siemens Energy and TSK. The Atinkou power plant will produce electricity for thousands of homes and industries to meet national and regional electricity needs generated by strong economic growth,” said Marc Albérola, CEO of the Pan-African Industrial Group Eranove.

The SGT5-4000F gas turbine provides high performance, low power generation costs, long intervals between inspections, and a service-friendly design. Optimized flow and cooling add up to high gas turbine efficiency and economical power generation in combined cycle applications.

In March 2020, Siemens was awarded a contract from the same EPC, TSK, to deliver an SGT-800 gas turbine, generator and other key components for Eranove’s 65 MW combined cycle Kékéli Efficient Power plant project in Lomé, the capital city of Togo in West Africa.

Fundacio Fluidra Unveils Plans to Build A “Social Pool” in Senegal

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Fundacio Fluidra

Fundació Fluidra has announced it will undertake a new project consisting of building a swimming pool at a school in Thiaroye, on the outskirts of Senegalese capital Dakar, with the aim of helping over 2,000 children from the city learn to swim.

The project will be implemented through the partnership between KAG25 (a corporate vehicle channeling aid in Senegal), Fundació Fluidra, Fluidra Export, and Sensec, a local construction firm and Fluidra customer. Fundació Fluidra will fund the project, Fluidra Export will supply the necessary materials, and Sensec will be tasked with building it.

The pool will be semi-Olympic in size (25 x 12.5 meters), enabling all types of activities, including swimming competitions. It will be fitted with the latest connectivity technologies, optimizing operation, maintenance, and efficiency.

The pool managers will be able to tap all the related metrics to make it more sustainable and safer. A connected pool simplifies maintenance and facilitates social action.

The plan has been developed from the previous links between Fundació Fluidra and the Écoles Pies of West Africa partnering through the KAG25 joint venture to provide job training in intensive farming in the Karang region. Fundació Fluidra is aligned with UN Sustainable Development Goals 1, 2, 3, 4, and 8.

“We are building the pool to help as many children and young people as possible learn to swim and give them tools that could save their lives,” said Fundació Fluidra president Joan Planes.

A report from the World Health Organization says drowning is one of the top 10 causes of death for children across the world. It also puts death rates by drowning at 15 to 20 times higher in Africa than Europe.

With projects like this, Fundació Fluidra aims to boost the concept of the “social pool” that seeks to improve society through enjoyment of a swimming pool, in line with the Fluidra mission to “create the perfect pool and wellness experience responsibly”.

USAID Announces Over $95M in Humanitarian Assistance for the People of South Sudan

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The United States announced more than $95 million in additional humanitarian assistance for the people of South Sudan who are affected by ongoing political conflict and are facing extreme food insecurity, including likely famine.

Funding includes more than $52 million from the U.S. Agency for International Development (USAID) and nearly $43 million from the U.S. Department of State. It brings the total U.S. humanitarian assistance to more than $482 million so far in Fiscal Year 2021.

With this new assistance, USAID will help provide emergency food and nutrition assistance, essential healthcare, shelter, safe drinking water, and sanitation and hygiene services to some of the nearly 4 million people impacted. When possible, the Agency procures food from South Sudanese farmers who were able to harvest their crops. This life-saving assistance will also support people who are internally displaced, as well as South Sudanese refugees in host communities in Uganda, Sudan, Ethiopia, Kenya, and the Democratic Republic of the Congo.

South Sudan is facing the highest levels of food insecurity and malnutrition since its independence in 2011. The upcoming May-to-July lean season is expected to be the most severe on record and has the potential to leave more than 7 million people, including more than a million children, in need of food assistance. Recent floods, political instability, and COVID-19 have further exacerbated a dire situation.

Humanitarian assistance will not solve the conflict, but it is vital to keeping civilians alive. Ultimately, a political solution is the only way to end the suffering of the South Sudanese people.

Indian Engineering Firm to Build 8MW Solar Power Plant in Mauritius

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Solar Power Plant

An engineering firm based in Bengaluru, India, has been awarded a contract to build a major new renewable energy power plant on the island of Mauritius.

The project is for an 8MW Solar Photovoltaic (PV) power plant to be constructed at Tamarind Falls, Henrietta (Phase II), Mauritius.

The work is being contracted out via CEB (Green Energy) Co. Ltd., Mauritius, a wholly owned subsidiary of the Government of Mauritius’ Central Electricity Board (CEB).

The company which will be building the plant is the Solar Business Division of Bharat Heavy Electricals Limited (BHEL) of India. The Solar Business Division is based in Bengaluru, India. It and BHEL’s International Operations Division in New Delhi will be jointly coordinating all activities on the project.

BHEL won the contract via a competitive bidding process. The win builds on BHEL’s over four decades of power generation projects spanning 23 countries in Africa and a total of 2.1 GW of total power provided on the continent. BHEL’s recent extensive experience in development and promotion of solar power solutions for over 30 years in multiple forms – on the ground, on rooftops, atop water canals, and floating installations – reportedly also played a role in the award.

The final contract for the project was signed off during a recent visit by the Honorable Union Minister of External Affairs of India to Mauritius.

The Government of India is backing the project financially via its Line of Credit facilities.