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Author name: Leon Louw

Funding Africa’s impact projects

Funding Africa’s impact projects

Funding Africa’s impact projects One of Africa’s leading banks will invest close to USD100-million in impact projects across Africa. Last week, Rand Merchant Bank (RMB) announced that it has invested in Acre Export Finance Fund I which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa. The fund has

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Funding biodiversity in Africa

Funding biodiversity in Africa

Funding biodiversity in Africa Africa is losing biodiversity at an alarming rate and funding is needed to reverse the trend.   By Leon Louw, owner of WhyAfrica and editor of the WhyAfrica magazine     Funding biodiversity is defined as finance that contributes or intends to contribute to activities that conserve, restore, or avoid a negative

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Protection for Africa’s Miombo’s

Protection for Africa’s Miombo’s

Protection for Africa’s Miombo’s The Miombo Initiative aims to protect and restore 1.9 million km2 of Miombo Woodland in the Zambezi Basin. The Wildlife Conservation Society (WCS) has joined an initiative by several African countries to protect large swathes of Miombo Woodlands in the greater Zambezi Basin. The Miombo Initiative, launched during the Miombo Summit

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A candle on Kilimanjaro

A candle on Kilimanjaro

A candle on Kilimanjaro Africa’s rise is in full swing, and it’s time to light a candle, and go and put it on the top of Kilimanjaro. By Leon Louw, owner of WhyAfrica and editor of the WhyAfrica magazine   When we get time to take a breath and reflect, it’s good to have a

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East-Africa’s hospitality bounces back

East-Africa’s hospitality bounces back

East-Africa’s hospitality bounces back The hospitality sector in East Africa has bounced back in 2023 after significant challenges.    The East African tourism and hospitality sectors have bounced back remarkably after the challenges posed in the wake of the COVID-19 pandemic, emerging as one of the best-performing asset classes in 2023. This resurgence is particularly

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SA reduces environmental hurdles for lower sensitivity renewable energy projects

SA reduces environmental hurdles for lower sensitivity renewable energy projects South Africa has adopted new norms to speed up the authorisation process of certain renewable projects. In a significant move to support the development of renewable energy, South Africa last month adopted new norms to simplify and speed up the authorisation process for solar photovoltaic

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Fixing a water crisis

Fixing a water crisis

Fixing a water crisis South Africa’s water crisis is fuelled by a confluence of complex challenges that need urgent solutions.   By Robert Erasmus Unevenly distributed water resources, exacerbated by unpredictable rainfall patterns due to climate change collide with the burden of outdated and deteriorating infrastructure, threatening to tip South Africa from being water-stressed, to

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Understanding Africa’s biodiversity better

Understanding Africa’s biodiversity better

Understanding Africa’s biodiversity better Projects like the Karoo BioGap Project enables researchers to understand Africa’s biodiversity. It is important to know as much as possible about any region’s biodiversity, given the potential that development projects like, for example, shale gas fracking, mining, farming, energy projects, infrastructure development and general land-use changes could have on the

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Japan wants DRC cobalt

Japan wants DRC cobalt

Japan wants DRC cobalt Under a new agreement cobalt hydroxide from the Metalkol mine in the DRC will supply the Japanese market. Luxembourg headquartered Eurasian Resources Group (ERG), recently signed a Memorandum of Understanding (MoU) with Mechema Chemicals and Marubeni Corporation to potentially supply and refine cobalt hydroxide, and to sell, distribute and market cobalt

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Rainfall affects phosphate mining

Rainfall affects phosphate mining

Rainfall affects phosphate mining Rainfall in SA’s Western Cape has negatively affected phosphate production at Kropz’s Elandsfontein mine. AIM listed Kropz’s Elandsfontein is South Africa’s second largest phosphate deposit. After several stop-starts over the last few years the mine entered its trail production phase last year but faced significant challenges due to unprecedented rainfall in

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Empowering African environmental science

Empowering African environmental science Empowering African environmental science: The Jennifer Ward Oppenheimer Research Grant seeks another recipient. Historically, Africa has been underrepresented in global research and development endeavours, with limited resources allocated to research initiatives compared to other regions. However, there is growing recognition of the immense potential for innovation and scientific advancement within Africa’s

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Agreement empowers DRC subcontractors

Agreement empowers DRC subcontractors The DRC signed an agreement to ensure more Congolese participation at the Tenke Fungurume cobalt mine.   The Congolese Regulatory Authority for Subcontracting in the Private Sector (ARSP) has announced a new agreement with China’s CMOC Group, the majority shareholder at the world’s second largest cobalt mine, Tenke Fungurume Mining (TFM)

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Tourism at an all-time-high

Tourism at an all-time-high     The World Travel and Tourism Council (WTTC) is projecting a record-breaking year for travel and tourism in 2024. According to the WTTC the travel and tourism sector’s global economic contribution is set to reach an all-time high of USD11.1-trillion in 2024. The global tourism body’s 2024 Economic Impact Research (EIR)

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Creating opportunities for Africa’s small-scale farmers

Creating opportunities for Africa’s small-scale farmers

Creating opportunities for Africa’s small-scale farmers Africa’s small-scale farmers face many challenges but there are companies focused on finding solutions.   By Leon Louw  According to Michelle Marais, Project Coordinator U-MIX at Urban Farmer, small scale farmers in Africa don’t have enough bargaining power in the market due to their low input consumption volumes, limited access

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Agri-business gets renewable injection

Agri-business gets renewable injection An agri-business in South Africa is reaping the rewards of installing a renewable energy solution.    Thanks to a new integrated renewable energy solution, an agriculture company in the Western Cape Province of South Africa has lowered energy costs, reduced its reliance on state-owned power company Eskom’s national grid, and at

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SA’s parks now bigger.

SA’s parks now bigger

SA’s parks now bigger Four of South Africa’s national parks have increased in size, which is good news for the country’s conservation fraternity.    South African National Parks (SANParks) announced in February that an additional 20 206 hectares of land will be incorporated into four of South Africa’s national parks. More than 18 000 ha of land

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Atlantic Lithium’s Ewoyaa in Ghana is WhyAfrica’s Pick Of The Week

Atlantic Lithium’s Ewoyaa in Ghana is WhyAfrica’s Pick Of The Week Atlantic Lithium’s low-cost Ewoyaa project in Ghana holds great value. Dual listed Atlantic Lithium remains on track to break ground at the Ewoyaa project later this year. Last month the government of Ghana granted the company a Mining Lease for Ewoyaa and so demonstrated

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Mali’s exploration budget slips

Mali’s exploration budget slips   Mali’s mineral exploration budget declined in 2023 as the risks of doing business in the country mount. By WhyAfrica Staff Writer       S & P Global’s World Exploration Trends 2024 report makes for interesting reading if early-stage mineral exploration projects are on your radar. According to the report, Africa’s exploration

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Opportunities for Angola/Brazil collaboration

Opportunities for Angola/Brazil collaboration Angola’s privatisation has opened opportunities for investors. Brazil is a strategic partner. Brazil’s trade with Africa surged by 33.7% in 2022, reaching nearly USD21.5-billion, up from USD15.9-billion in 2021. This increase presents an opportunity for Angola to deepen its economic ties with Brazil as the country aims to increase oil production

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Huawei launches African solutions

Huawei launches African solutions  During the recent Digital Solar & Storage Live Africa 2024 conference, Huawei released new solutions into the African market.   Supplied by Huawei Digital Power Sub-Saharan Africa Region Nick Lusson, Vice President of Huawei Eastern-Africa Digital Power, delivered a presentation on the unique features of the new product. “Huawei’s C&I smart

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