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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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Africa Launches the First Pan-African Pact for Insurance Inclusion

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Africa

400 decision-makers gathered in Cotonou to accelerate access to insurance and contribute to doubling insurance penetration by 2040

DAKAR, Senegal, June 23, 2026/APO Group/ –Faced with a major paradox representing nearly 19% of the world’s population while accounting for less than 1% of global insurance premiums African insurance stakeholders are mobilizing.

 

From July 6 to 8, 2026, the Federation of African National Insurance Companies (FANAF) will organize the General Assembly on Insurance for All at the Sofitel Hotel in Cotonou, Benin, a major pan-African gathering dedicated to inclusive insurance.

The event will bring together nearly 400 African decision-makers from governments, regulatory and supervisory authorities, insurance and reinsurance companies, financial institutions, development banks, technical and financial partners, as well as professional organizations from across the continent.

The ambition is clear: to foster a shared vision and concrete commitments aimed at accelerating access to insurance for African populations while strengthening the sector’s contribution to the continent’s economic and social development priorities.

The discussions will culminate in the adoption of the Pan-African Pact for Insurance Inclusion and a 2026–2030 Strategic Action Plan, designed to structure collective action around an ambitious objective: contributing to the doubling of insurance penetration across the FANAF region by 2040.

An Economic, Social and Development Imperative

Within the CIMA zone, insurance penetration remains below 1% of GDP, compared to more than 6% globally.

As a result, millions of households, farmers, entrepreneurs, SMEs and informal sector actors remain deprived of essential protection mechanisms against health, climate, economic and social risks.

For FANAF, this reality now constitutes a major development challenge.

Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments

“Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments. The Cotonou General Assembly must mark the starting point of a new continental ambition for African insurance and its role in the continent’s economic transformation,” said Mamadou Koné, President of FANAF.

Beyond Insurance: A Driver of Continental Transformation

For FANAF, insurance is no longer merely a risk coverage mechanism. It is also a strategic lever for economic resilience, savings mobilization, investment security, SME financing, support for climate transitions and the strengthening of financial inclusion.

Through this General Assembly, FANAF seeks to reposition insurance as a key stakeholder in Africa’s economic, social and financial transformation.

A Pact to Accelerate Action

The conclusions of the General Assembly will lead to the adoption of the Pan-African Pact for Insurance Inclusion, a reference framework intended to mobilize governments, regulators, market players, financial institutions and development partners around shared objectives.

The Pact will be accompanied by a 2026–2030 Strategic Action Plan defining priority intervention areas, coordination mechanisms and monitoring arrangements for the commitments undertaken.

A broad mobilization of public, private and financial partners will support its implementation in order to translate commitments into tangible results for African populations and economies.

Cotonou 2026: Building a Shared Vision

Beyond the insurance sector, the General Assembly aims to create an unprecedented platform for dialogue between governments, regulators, investors, financial institutions, technical partners and market actors in order to identify the levers needed to accelerate insurance inclusion across the continent.

Holding this event in Benin reflects the country’s broader economic and financial transformation momentum and illustrates the collective determination of African stakeholders to develop solutions tailored to the continent’s realities.

Through this initiative, FANAF intends to make Cotonou 2026 a defining moment for the future of African insurance and the starting point of a lasting continental mobilization in favor of insurance inclusion.

Distributed by APO Group on behalf of Fédération des Sociétés d’Assurances de Droit National Africaines (FANAF).

 

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Flat6Labs and International Finance Corporation (IFC) Launch StartAlgeria, a Capacity-Building Program Designed to Empower the Organizations Progressing Algeria’s Startup Ecosystem

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Flat6Labs

StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices

ALGIERS, Algeria, June 23, 2026/APO Group/ –Flat6Labs (www.Flat6Labs.com) and IFC in collaboration with the Ministry of Knowledge Economy, Startups and Micro-Enterprises are launching StartAlgeria, a capacity-building program that puts Entrepreneur Support Organizations (ESOs) at the forefront of Algeria’s ecosystem future. The program is designed to equip Algerian ESOs reinforcing pre-seed and seed-stage startups with the expertise, frameworks, and networks needed to contribute to a stronger, more competitive entrepreneurship ecosystem in Algeria and expand into global markets.

 

StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices adapted to each organization’s needs, a community-driven approach that focuses on peer learning, and facilitating connections with investors, policymakers, and key stakeholders.

Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale

StartAlgeria will pilot a first cohort focusing on incubators in the capital, Algiers. Following a call for application, the selected ESOs will go through a structured program comprising workshops and masterclasses covering key areas such as startup selection, program design and delivery, and investment readiness. In addition to the core program, participating ESOs will benefit from 6months of post-program mentorship, focusing on areas such as fundraising strategy, partnership development, financial sustainability, and program improvement. This sustained engagement’s goal is to provide a lasting impact in how Algerian ESOs operate and what they’re able to offer the startups they champion.

Yehia Houry, CEO of Flat6Labs, shares “Algeria’s startup ecosystem is demonstrating remarkable potential and a rapidly growing level of maturity, driven by an ambitious new generation of founders, increasing institutional support, and a strong national commitment to innovation and entrepreneurship. The opportunity today lies in further empowering entrepreneurship support organizations to match this momentum by strengthening their ability to identify and nurture high-potential startups, deliver impactful and results-driven programs, and create stronger connections between entrepreneurs and sources of capital. With the right support structures in place, Algeria is well positioned to become one of the leading innovation hubs in the region.”

“Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale. Through StartAlgeria, we are committed to ensuring that the organizations standing behind founders are equipped with the tools, frameworks, and expertise to take them from early ideas to investment-ready ventures. This program is a direct expression of IFC’s long-term confidence in Algeria’s private sector and in the ecosystem’s capacity to produce the next generation of high-impact companies.” underscored Cemile Hacibeyoglu Ceren, WBG Resident Representative in Algeria.

“The launch of StartAlgeria marks an important step in reinforcing Algeria’s startup support ecosystem. By strengthening the capabilities of Entrepreneur Support Organizations, we are investing in the long-term growth, resilience, and international competitiveness of Algerian startups. This initiative reflects our shared ambition to build a dynamic innovation-driven economy and create new opportunities for entrepreneurs across the country,” said H.E Mr. Noureddine Ouadah, Minister of Knowledge Economy, Startups and Micro-Enterprises.

This IFC program is implemented in partnership with the Government of the Netherlands.

Distributed by APO Group on behalf of Flat6Labs.

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Hong Kong unlocks new opportunities with Central Asia

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Hong Kong

HONG KONG SAR – Media OutReach Newswire – 23 June 2026 – Led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, a high-level delegation visit to Kazakhstan and Uzbekistan (May 31 – June 5) is already paying dividends, forging fresh opportunities to deepen ties between Central Asia, Hong Kong and the Chinese Mainland.

The business delegation comprised over 70 representatives from Hong Kong and Mainland enterprises of various sectors.

During the visit, 96 bilateral memoranda of understanding and agreements were reached, including a total of 15 co-operation documents at the government level between Kazakhstan and Uzbekistan respectively.

“The examples of agreements and co-operation are just so abundant that they range from the service sector to heavy industries such as mining and infrastructure development,” Mr Lee said. “I think the sky is the limit.”

The multiple outcomes achieved during the trip demonstrate Hong Kong’s role as a functional platform for the Belt and Road (B&R) Initiative, as the city actively plays its roles as a “super connector” and “super value-adder” to promote broader and deeper co-operation between the two places and establish a hub-to-hub co-operation model.

“Kazakhstan is an important commercial and logistics hub connecting China and Europe. It is also the place where the Belt and Road Initiative was first proposed, and is Hong Kong’s largest trading partner in Central Asia. There are broad prospects for further co-operation,” Mr Lee said, adding that a lot of B&R projects are also being pursued in Uzbekistan.

“For example, Uzbekistan sits in the heart of the corridor of Asia and Europe, so logistical development, railway development, and also how we can complement and supplement each other in cargo handling will be an area for a very wide range of co-operation.”

The Chief Executive also encouraged companies in Central Asia to leverage Hong Kong’s advantages under the “one country, two systems” principle.

“Under this unique principle, Hong Kong has its own economic, social, legal, legislative and judicial systems. We are the only common law jurisdiction in China. We have our own currency, with no capital or foreign exchange controls. We are, as well, a separate customs territory,” Mr Lee said.

Building on the positive outcomes from the delegation’s mission to Central Asia, Mr Lee welcomed the Deputy Prime Minister of Kazakhstan, Kanat Bozumbayev, to Hong Kong (June 10) and they both attended the Alatau City Investment Round Table (June 11).

Speaking at the event, Mr Lee said Hong Kong could contribute to the future success of Kazakhstan’s innovative, high-tech Alatau City in three concrete ways: as a gateway to global capital; a gateway to the Chinese Mainland and the Greater Bay Area; and as a partner in talent and technology.

“We share a development vision with Alatau City and Kazakhstan,” Mr Lee said, “Today, right here, right now, is a golden opportunity to bring our two economies closer together.”

He looked forward to Hong Kong and Kazakhstan achieving complementary advantages and co-ordinated development across different sectors and welcomed enterprises in Kazakhstan to make good use of Hong Kong’s premier financial and innovation and technology platforms, as well as its world-leading professional services, to explore more business opportunities.

 

 

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