African Business News

MTN LAUNCHES AFRICA’S FIRST SOLAR COOLING SYSTEM

MTN South Africa has unveiled the continent’s first concentrating solar cooling system to power the firm’s data centres.

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Uganda: Sanctions-Hit Russian Group Wins U.S. $4 Billion Uganda Oil Refinery Deal

Uganda has rewarded a $4bn oil refinery deal to a subsidiary of Russia's Rostec, whose CEO has been subject to US sanctions.

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Gigawatt Global to invest US$2b in generating 1000Mw of solar power for Africa

Gigawatt global is set to spend about US$2billion in developing and pumping 1000Mw of solar power in Africa by 2020. Dutch company Gigawatt has said the 1000MW power project will have its roots in East Africa where the largest photovoltaic field will be built in Rwanda.

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Bounty Oil and Gas closer to Tanzania gas revenue

Bounty Oil and Gas (ASX:BUY) is a step closer towards receiving gas revenue from the Kiliwani North Development Licence in Tanzania.

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