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 American Tower Corporation (ATC) Africa Decreases Greenhouse Gas Emissions Intensity Per Tower by 21%

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American Tower Corporation

American Tower has invested more than $350 million in energy reduction initiatives in Africa since 2018

JOHANNESBURG, South Africa, October 10, 2023/APO Group/ — 

American Tower Corporation (NYSE: AMT) (www.AmericanTower.com) released its 2022 sustainability report, which outlines the Company’s sustainability strategy and provides a comprehensive overview of the progress made across the three pillars of its program—Environment, Social and Governance. 

In 2022, American Tower demonstrated its commitment and progress by decreasing direct emissions by 11.0%. In Africa, the GHG emissions intensity per tower decreased by 21% against our 2019 baseline, in large part due to our increased deployment of on-site solar power. Renewable energy source hours, or the number of hours the site energy load utilized on-site solar, have nearly doubled since 2019. Consequently, the hour run time for power sourced by diesel generators has been reduced by approximately half.

Through an approximately $300 million investment in GHG emissions and energy reduction initiatives in Africa since 2018, we estimate that on-site diesel consumption has decreased by nearly 43.5 million liters annually when compared to business-as-usual operations, which equates to roughly 117,000 MTCO2e (Metric tons of carbon dioxide equivalent) avoided.

Marek Busfy, American Tower Africa CEO pointed out that “As a global leader in digital infrastructure, we are very much commited to reducing the GHG emissions associated with our business.  Our efforts as geared to make an impact in our continent and allow us to demonstrate our reduction progress, regardless of our significant organic growth, particularly here, where connectivity is increasingly vital but power availability and reliability are recurrently uncertain”.

To drive strategy and facilitate measurable progress, American Tower adopted science based GHG emissions reduction goals, approved by the SBTi (Science Based Targets initiative), and with this effort, the company seeks to reduce its absolute scope 1, 2 and 3 GHG emissions by 40% by 2035 against a 2019 baseline.

Decarbonizing Telecommunications in Africa Through Green Sites in 2022,

American Tower announced a transformational partnership with Airtel in Africa, which will allow both companies to advance mutual GHG emissions reduction commitments through the establishment of the Green Sites program.

Per this agreement, all newly developed sites for Airtel will meet American Tower’s Green Site specifications, which require the site to generate less than four MTCO2e per year. This will equate to an approximate 95% reduction in emissions relative to an off-grid site with a similar energy load.

To achieve this reduction, sites in the Green Sites program have a much higher solar panel count coupled with LIBs. The partnership also includes a commitment to collaborate and convert existing communications sites to meet American Tower’s Green Site specifications over time.

“As we expand digital reach on the African continent, we remain committed to reducing GHG emissions in tandem with our growth. Over the past several years, American Tower has made forward-thinking investments to ensure we achieve tangible reductions in our on-site fossil fuel consumption in Africa.” – Pieter Van Der Westhuizen, American Tower Chief Technology Officer in Africa.

Africa pilots a global energy efficiency program

In 2021, 80 sites in Africa piloted a cloud based Energy Management Systems (EMS) program. Given the success of that program, in 2022, other markets began using the software.

American Tower Africa CEO, Marek Busfy stated that “Improving energy efficiency at our sites is part of what we want to accomplish in Africa and it is critical to achieving our Science Based Targets”.

American Tower, use EMSs to better monitor and manage its energy consumption, facilitating improvements in energy efficiency. These systems consist of computer-aided tools, such as remote monitoring, and allow the company to regularly review energy consumption, identify inefficiencies and quickly remediate issues as they arise.

American Tower strategically implement and operate EMSs in several markets with the highest energy use—U.S., Spain, India and across Africa—which represent approximately 99% of its total operational energy usage.

Improvement in energy management can be seen through the pilot program in Africa, which leverages artificial intelligence (AI). The cloud-based EMS uses predictive analytics and AI to identify abnormal events, such as solar degradation due to dirty solar modules, and optimizes solar panel angles to improve energy generation. At one site, after the implementation of the cloud-based EMS, the diesel generator run time was reduced by nearly 40%.

Every company manager must understand that ecosystem degradation and biodiversity loss are two of the most critical challenges facing the world today

Africa biodiesel plans for 2023

American Tower Africa plans to substitute 30% of its diesel fuel with biodiesel in 2023. In 2022, the company´s energy team completed a successful proof of concept, which delivered an approximately 16% reduction in GHG emissions when compared to traditional diesel.

Using biodiesel, instead of traditional diesel fuel, can reduce our GHG emissions in the short term, while the company continues to invest in ways to implement renewable energy solutions at sites that depend on reliable backup power.

Busfy affirmed that “American Tower recognizes the importance of managing natural resources efficiently. Every company manager must understand that ecosystem degradation and biodiversity loss are two of the most critical challenges facing the world today. We have to make a positive impact in the communities where we operate”.

As of 2022, over 45% of sites in American Tower portfolio— more than 100,000 sites—have achieved ISO 14001 certification, and the company is working to increase this, with additional markets in Africa and Latin America pursuing certification by 2025.

Waste Management

American Tower also focuses on limiting waste generation and diverting unavoidable waste from landfills throughout each phase of its communications sites’ lifecycle.

ATC Nigeria has implemented a comprehensive spill prevention and response procedure that requires spill response kits to be available in all diesel supply trucks. The team’s compliance policy also requires that, within 24 hours of an incident, the cause of the spill is evaluated and corrective actions to prevent future incidents are identified.

There is a similar process in the U.S. and other markets, which involves annual training for field personnel to ensure incidents are properly remedied and reported. In ATC Kenya, relevant employees completed a robust training program on hazardous materials classifications, associated health hazards, and proper handling and control of hazardous materials and wastes.

Digital Communities

In 2022, the Company’s disbursements and support totaled more than $3.5 million through the American Tower Foundation, our workplace giving and matching program, regional philanthropic programs, disaster-relief donations and other financial contributions.

American Tower Digital Communities (DCs) program, implemented through the Foundation, runs more than 120 DCs in Africa, helping bridge the gap to more than 500.000 beneficiaries around the globe.

In rural communities in Africa, which typically lack the infrastructure needed to support connectivity, our employees in partnership with our customers developed telecommunications networks that have achieved a nearly carbon-neutral operational footprint. These networks are designed to withstand challenging rural environments and provide consistent coverage to their communities.

Other key highlights from the 2022 report include: 

  • Achieved a 9.5% reduction in combined scope 1 and 2 GHG emissions compared to a 2019 baseline 
  • Grew on-site renewable energy capacity to over 85 megawatts at nearly 15,000 sites 
  • Opened 124 new Digital Communities which provide access to technology and digital connectivity in underserved communities, bringing the global total to 445 across 15 countries 
  • Distributed more than $3.5 million through workplace giving and matching programs, volunteer events, disaster-relief donations and financial contributions from the American Tower Foundation 
  • Joined the UNGC and adopted the United Nations Women’s Empowerment Principles  
  • Continued to invest in its diversity, equity and inclusion programs  

For more information on American Tower’s sustainability program and to view the Company’s 2022 Sustainability Report, please visit the “Sustainability” section of the Company’s website at https://apo-opa.info/3ZQvyMm.

Distributed by APO Group on behalf of American Tower Corporation.

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African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

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African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

Distributed by APO Group on behalf of Energy Capital & Power.

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Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

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Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

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JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

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Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

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UDPN

This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa

CAPE TOWN, South Africa, November 21, 2024/APO Group/ — 

In Sub-Saharan Africa, approximately 105 million adults are unbanked and lack proper identification documents (http://apo-opa.co/4fZNzyr) [1]. Over 350 million adults in Africa live on a cash-only basis (http://apo-opa.co/3Z2xBg6), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Universal Digital Payments Network (UDPN) (https://apo-opa.co/4g0POSt), the world’s leading global payments messaging network supporting regulated stablecoins and Central Bank Digital Currencies (CBDCs) and FORUS Digital (http://FORUS.Digital), a global leader in blockchain-based cooperative digital finance, are starting a strategic cooperation aimed at expanding financial inclusion and promoting tokenisation efforts across Africa.

This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa, with blockchain and decentralised finance at the forefront of this transformation. UDPN and FORUS Digital will collaborate to introduce the UDPN platform’s capabilities throughout Africa, initially in South Africa, Malawi, Zimbabwe and Ethiopia.

Sonny Fisher (https://apo-opa.co/4fVmRXZ), Founder of FORUS Digital (https://apo-opa.co/3YWJRih), remarked “Our partnership with UDPN accelerates our vision of economic empowerment through decentralised finance. Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development.”

“As we stand on the brink of a digital payments revolution, UDPN’s collaboration with FORUS Digital will play a crucial role in shaping a future where financial services are accessible, efficient, and secure for all Africans. This partnership is a testament to our belief that technology can be a powerful tool for development. By working together, we are paving the way for innovative financial solutions that will enhance economic resilience in African communities,” commented Christopher Ortiz (https://apo-opa.co/3UYIb6M), Member of Group Executive Board – North America, UK and APAC, GFT (https://apo-opa.co/4eBennO).     

UDPN is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins, tokenized deposits, and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies.

Earlier this year the UDPN team launched three solutions designed to reshape the landscape of digital payments and assets in the financial sector:

  • Tokenised Deposit/Stablecoin Management System: A production-grade system designed for both commercial banks and regulated stablecoin issuers, streamlining the entire lifecycle of tokenised deposits and stablecoin services – from issuance to operation, including advanced interoperability features.
  • Digital Asset Tokenisation System: Provides a robust production-grade platform for financial institutions, such as banks and investment firms, to tokenise real-world assets and manage them within a regulated environment.
  • UDPN All-in-One Digital Currency Sandbox: A sandbox, designed to enable both commercial and central banks to learn about the latest digital currency technology, test built-in use cases, and develop their own new custom use cases in a self-control and secure environment that the banks can control and provide permissioned access to other institutions in their ecosystem.

The UDPN aims to drive down payment and foreign exchange costs whilst accelerating the uptake of regulated digital currencies.

Over 130 countries [3] globally are currently investigating, developing, or have already launched CBDCs. On the African continent, South Africa, Nigeria, Eswatini and Ethiopia have taken the lead. FORUS Digital has positioned itself in Africa to help central banks and commercial banks in their journey towards CBDC using the UDPN All-in-One Digital Currency Sandbox.

Statista [4] indicated that the Digital Assets market in Africa is projected to reach a revenue of US$3,115.0m by 2024.  It indicates that Africa’s Digital Assets market specifically, the number of users is projected to reach 53.89m users by 2025.

Financial innovation is not limited to central banks. Citigroup’s launch of Citi Token Services and Societé Generale’s December 2023 announcement of their digital currency and asset services and the HSBC Orion platform are the most recent examples of how traditional financial institutions are making digital assets an essential part of their service offerings to their clients.

This partnership between UDPN and FORUS Digital will focus on helping central banks deploy a secure CBDC testing environment for creating use cases and defining new regulations. It will also help commercial banks manage their own tokenised deposit and stablecoin life cycle and integrate into the central bank digital currency testing environment. The programmability of value-added financial services will enable new business models and enhance the efficiency and transparency of cross-border payments.

This partnership is a major milestone in Africa’s digital financial transformation and the introduction of UDPN Solutions there will enable a variety of sectors to access secure, low-cost cross-border payments and tokenised financial products. By providing African governments and financial institutions with blockchain-driven tools, UDPN will support enabling an inclusive, scalable digital payments system for the African continent.

Learn more!

To learn more about the Universal Digital Payment Network (UDPN), please visit www.UDPN.io.

Together, we are equipping Africa with the tools to embrace blockchain-powered tokenisation and drive sustainable development


[1] https://apo-opa.co/4fZNzyr

[2] https://apo-opa.co/3Z2xBg6

[3] Atlantic Council’s CBDC Tracker (https://apo-opa.co/4ggoRKH)

[4] Statista (https://apo-opa.co/4fX9p5N)

Distributed by APO Group on behalf of FORUS Digital.

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