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TotalEnergies Reaches 2 GW Renewable Milestone in France; African Energy Chamber (AEC) Supports Multi-Energy Approach

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TotalEnergies

The African Energy Chamber commends TotalEnergies on its latest renewable milestone in France and supports the major’s push for enhanced energy security in Africa

JOHANNESBURG, South Africa, May 30, 2024/APO Group/ — 

TotalEnergies has reached a milestone of 2 GW of installed green electricity in France, having invested $400 million towards the domestic supply of green energy in 2023. According to a company statement, the French supermajor generated up to 90% of its total income from the sale of oil and gas in 2023, showcasing the critical role of hydrocarbons in diversifying the global energy mix and increasing renewable energy penetration.

In Africa, TotalEnergies is a key advocate for sustainable energy development, spearheading a multi-energy approach that targets energy security and distribution to local and regional markets. The company continues to invest heavily in Africa’s oil and gas resources – through large-scale projects like the Akpo West Field Development in Nigeria and planned Mozambique LNG facility – while accelerating renewable penetration in Egypt, Burkina Faso, Uganda, South Africa and Angola, among many other markets.

The African Energy Chamber (AEC), as the voice of the African energy sector, commends TotalEnergies for its renewable energy milestone in France and its efforts to address energy poverty through the integration of oil, natural and renewables in Africa. Strategies for advancing Africa’s energy security and industrialization, while promoting a just energy transition, will be unpacked at this year’s edition of the African Energy Week (AEW): Invest in African Energy conference in Cape Town.

A diversified, integrated energy future is crucial for the development of Africa’s economy and energy security

In 2023, TotalEnergies allocated $16.8 billion across its global operations, with 35% directed towards low-carbon energies. This investment led to a rise in the company’s renewable energy capacity by 6 GW, contributing to a total generation of 33 TWh of electricity, of which 19 TWh came from renewables. Looking ahead, TotalEnergies plans to invest over $4 billion annually in renewable energy, targeting 35% of total power generation from renewables by 2025. Additionally, the firm reduced its emissions by 24% in 2023 compared to 2015 levels, demonstrating its tangible commitment to deploying sustainable practices.

In Africa, TotalEnergies is leading its flagship Solarization project, with over 1,000 service stations powered by solar technology in the project’s first phase and plans to power over 4,200 service stations across the continent. In South Africa, TotalEnergies is developing a combined 260 MW solar and wind project in Northern Cape Province, as well as a transformative hybrid renewables project that integrates a 216 MW solar plant with a 500 MWh battery storage system. In Mozambique, the company is leading a landmark 1,500 MW hydropower project on the Zambezi River, while co-developing a 120 MW solar PV plant in Uganda.  

Beyond traditional renewables, TotalEnergies is investing in a multi-phase green hydrogen project in Mauritania, in partnership with Chariot Energy, leveraging over 10 GW of solar and wind capacity. The major also recently announced it is partnering with the Tunisian Government to study the implementation of a large-scale green hydrogen project – “H2 Notos” – for export to Central Europe through pipeline. Furthermore, TotalEnergies is contributing to the Morocco-UK Power Project, which aims to develop 11.5 GW of renewable energy in Morocco for both local and European markets.

To support global renewable penetration and enhanced energy security in Africa, TotalEnergies’ sustained investments in African oil and gas are essential. In Angola, the company and its partners recently approved a $6-billion investment for the development of the Cameia and Golfinho fields, set to boost the country’s oil production and GDP, generating capital for the development of renewable energy projects like the 35 MWp Quilemba Solar PV plant. TotalEnergies is also investing $600 million to enhance exploration and production in the Republic of Congo’s Moho Nord field, while driving environmental sustainability through projects like the BaCasi initiative, which will plant a 40,000-hectare forest on the Batéké Plateaux and eliminate more than 10 million tons of CO2 over 20 years.

“A diversified, integrated energy future is crucial for the development of Africa’s economy and energy security. TotalEnergies continues to play a vital role in advancing the continent’s oil and gas sector, in tandem with accelerated renewable deployment, to ensure a just transition. We commend TotalEnergies on its efforts to diversify the global power mix while investing and believing in the magnitude of Africa’s energy resources,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Energy Capital

Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

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

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Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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