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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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Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

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Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025

Gross Income (US$ million)

874.1

784.9

Net Income (US$ million)

268.9

215.4

Return on average equity (ROAE)

13%

12%

Return on average assets (ROAA)

2.62%

2.38%

Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025

Total Assets (US$ billion)

41.7

42.3

Total Liabilities (US$ billion)

33.0

33.9

Shareholders’ Funds (US$ billion)

8.6

8.4

Non-performing loans ratio (NPL)

2.40%

2.43%

Cash/Total assets

14%

14%

Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

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Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

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Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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