African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN). This follows DBN’s confirmation that all conditions have been fulfilled or waived and that financial close has occurred. Andrada expects the …
Read More »Vedanta weighs former Gold Fields CEO Griffith for top Africa base metals job
Vedanta Resources is considering appointing former Gold Fields boss and Anglo American executive Chris Griffith as head of its African base metals business, according to people familiar with the matter. Indian billionaire Anil Agarwal’s Vedanta owns zinc mines in South Africa and neighboring Namibia, which will form the base-metals portfolio …
Read More »Namibia open for business: Madison Minerals CEO
Uranium exploration and development company Madison Minerals CEO Duane Parnham believes the Namibian Ministry of Mines and Energy’s (MME’s) recent approval for the transfer of two exclusive prospecting licences (EPLs) proves that fears surrounding the nationalisation of the country’s mining and exploration assets are unfounded. On June 6, the Namibian …
Read More »Deep-South Resources CEO hails new development in Namibia
Canada’s Deep-South Resources (TSX-V: DSM) can finally resume work at its Haib copper project in Namibia as the country’s government has renewed the miner’s prospecting license for two years. The awaited permit follows a long-dragged court battle with the country’s mining and energy ministry, which in 2021 declined to re-issue …
Read More »New Technologies Available to Solve Africa’s Energy Crisis
Africa Energy Indaba has been hosting riveting discussions covering the deployment of renewable energy innovations to bridge continental energy gaps. Rapid advancements related to technology have certainly rendered life easier than ever before. However, such progression is driven by energy and many regions in the world are quickly running low …
Read More »Lubricate equipment with SKF’s biodegradable bearing grease and keep it green!
SKF LGGB 2 is a biodegradable, low toxicity, synthetic ester, oil-based grease that has been specially formulated to suit any application where there is the potential of environmental contamination. During the equipment lubrication process, it is not always possible to prevent some grease from leaking. “In applications like agriculture and …
Read More »Hydrogen: A Pathway for Energy Transition in Africa – Revolutionising the Energy Sector
The global energy landscape is undergoing a profound transformation, driven by the need for cleaner and more sustainable alternatives. Hydrogen, often referred to as the “fuel of the future,” is emerging as a promising solution that has the potential to revolutionise the energy sector in Africa and beyond. The 16th …
Read More »Namibia’s Historic Energy Potential to be Highlighted at African Energy Week (AEW) 2023 as the Country Emerges as Africa’s Newest Oil and Gas Epicenter, with Record-Breaking Finds
Considered one of the final frontier hydrocarbons markets in the world, Namibia has rapidly emerged as one of the hottest offshore plays following a series of high-impact discoveries Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national …
Read More »Ready-made cables are revolutionising drive applications
Innovative manufacturer of motion plastics, igus, has emerged as a trailblazer in the world of drive applications with the introduction of a full range of ready-to-use cabling solutions to fit all commonly used drive systems. igus sales executive, Edwin van Niekerk, says igus wants to minimise mistakes and speed-up cable …
Read More »ACTIS SIGNS DEAL TO SELL RENEWABLE YET ANOTHER ENERGY PLATFORM
London-based private equity firm Actis has agreed to sell its 100% stake in African green energy platform BTE Renewables to French companies Engie and Meridiam in a deal valued at $1bn. Under the Sales and Purchase Agreement signed with Actis, Engie will acquire BTE’s South African assets while Meridiam will …
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