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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.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Business

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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