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United States (U.S.) Department of Energy Delegation Joins African Energy Week (AEW) 2023

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1 year ago

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Department of Energy

The delegation will be led by Josh Volz, Deputy Assistant Secretary for Africa, Middle East, Europe and Eurasia alongside Julie Middleton and Sarah Dhere

JOHANNESBURG, South Africa, September 25, 2023/APO Group/ — 

The United States (U.S.) has long-played an instrumental role in developing and monetizing Africa’s energy resources, with a strong slate of American energy companies and technology providers driving impactful projects across the entire energy value chain. As the continent pursues a just and inclusive energy transition on the back of low-carbon oil and gas, U.S. partners will be critical as the demand for innovative approaches to decarbonizing the industry grows.

During the 2023 edition of the African Energy Week (AEW) conference and exhibition – the largest energy event on the continent – the African Energy Chamber (AEC) is proud to announce that a keynote address will be delivered by Josh Volz, Deputy Assistant Secretary for Africa, Middle East, Europe and Eurasia at the U.S. Department of Energy. Volz leads a delegation from the Department comprising Julie Middleton, Director of the Office of African and Middle Eastern Affairs in the Office of International Affairs, and Sarah Dhere, International Relations Specialist.

The U.S. has represented an important partner for Africa since initial discoveries of oil and gas were made on the continent. For decades and across almost every energy market in Africa, American companies have been at the forefront of development, investing in the expansion and resilience of the continent’s oil and gas industry.

International energy companies such as ExxonMobil and Chevron, for example, have played an instrumental role in developing projects and monetizing resources. ExxonMobil has operated in Africa for more than 100 years and since 2006, has committed more than $46 billion across the continent. The company spearheads some of the continent’s biggest hydrocarbon projects such as the Area 4 Coral South Floating Liquefied Natural Gas (LNG) development in Mozambique; several deepwater assets in Angola – a country where it is investing more than $15 billion -; the Tanzania LNG project and more. Recently, the country expressed plans to invest in Algerian shale gas while applying for acreage offshore Liberia, a testament to its commitment to Africa’s oil and gas future.

The U.S. has represented an important partner for Africa since initial discoveries of oil and gas were made on the continent

Similarly, Chevron boasts substantial investments across the entire value chain in Africa. For over a century, the company has driven a strong pipeline of projects, with interests in Nigeria, Angola, Benin, Cameroon, Egypt, Equatorial Guinea, Ghana, the Republic of Congo and Togo. Africa is a priority for the company and Chevron plans to continue investing for many years to come. Apache Corporation is also committed to Africa’s energy future and represents one of the largest American investors and oil producers in Egypt. The company is planning a $1.4 billion investment in the country in 2024 and has ambitions of scaling-up hydrocarbon E&P activities even further.  

On the oil services side, companies to the likes of Halliburton and Baker Hughes have been operating in Africa for decades and continue to provide the technology and tools needed to enhance sustainability and competitiveness. Baker Hughes has recently been awarded several competitive contracts for projects such as the Eni-led Belaine Phase 2 development offshore Ivory Coast; the bp-Kosmos Energy-led Greater Tortue Ahmeyim development in Senegal/Mauritania; and the $7.8 billion Agogo Integrated West Hub Development in Angola. Halliburton is also driving several projects, having recently opened an operations’ base in Senegal and re-entered the Libyan market.

American companies’ participation transcends oil and gas activities. U.S.-based energy firms have shown a commitment to capacity building, knowledge sharing and technology transfer, working closely with regional governments to scale-up local content. Through the training of the local workforce, a commitment to inclusivity and partnerships with local players, American companies have advanced the role they play in Africa’s energy sector.

U.S. involvement in Africa extends into the green energy sector, with the Government and energy companies supporting the continent’s efforts to drive a just and inclusive energy transition. Just this month, Special Presidential Envoy for Climate John Kerry engaged with African leaders, inking several agreements to fast-track green energy investment. These included mobilizing capital for Africa’s climate solutions; $200 million in funding to expand access to renewable energy in Africa; $1.4 million in support for Kenya’s carbon market activation plan, and many more. American capital and technology will help advance Africa’s energy transition ambitions, the U.S. Department of Energy facilitates engagement between U.S. companies and African opportunities.

Specifically, the Department works to strengthen bilateral and multilateral relationships with key international partners. Under efforts to advance U.S. climate goals, support investment and collaborative partnerships in clean energy and technology deployment while leveraging expertise to identify opportunities to scale-up energy access, security and resilience, the Department is committed to a sustainable and secure energy future for all.

“At a time when Africa needs substantial investment and technology to advance its energy agenda and make energy poverty history, partnership with global counterparts have emerged as more critical than ever. The US Department of Energy has long-been an important facilitator of capital, technology and expertise by US firms in Africa and will continue to play a fundamental role in unlocking new energy opportunities across the continent,” states NJ Ayuk, Executive Chairman of the AEC.

During the AEW 2023 conference, taking place at the Cape Town International Convention Centre, the U.S. Department of Energy delegation will participate in several panel discussions, investor forums and networking functions centered on advancing global partnerships under a common goal of alleviating energy poverty. Closed-room discussions will take place between the Department and various African leaders including South African President Cyril Ramaphosa, Senegalese President Macky Sall, Namibian President Hage Geingob, former Nigerian President Olusegun Obasanjo and many more. With the US Department of Energy’s participation, the event will see new deals, discussions and ideas emerge.

Distributed by APO Group on behalf of African Energy Chamber.

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Yellow Card Secures Crypto Asset Service Provider Licence in South Africa

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23 hours ago

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November 21, 2024

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Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ — 

Yellow Card (www.YellowCard.io), Africa’s leading stablecoin-based infrastructure provider, has been issued a Crypto Asset Service Provider (CASP) licence by the Financial Sector Conduct Authority (FSCA) in South Africa.  

Commenting on the FSCA’s decision to issue the licence to Yellow Card Financial South Africa, Chris Maurice, Yellow Card’s co-founder and CEO, said, “The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent.This achievement reflects our dedication to providing secure, compliant and transformative solutions for our customers both in South Africa and across Africa.  

The CASP licence underscores Yellow Card’s commitment to its customers in South Africa and regulatory compliance across the continent

Stablecoin adoption is surging throughout Africa, with sub-Saharan Africa having the highest adoption rate in the world at 9.2%. In South Africa alone, where the number of total users of crypto assets is estimated to amount to 5.8 million people, stablecoins have experienced growth of 50% month over month since October 2023, displacing bitcoin as the country’s most popular cryptocurrency.  Yellow Card is excited to play a pivotal role in this financial revolution in South Africa. 

Yellow Card, which launched in South Africa in 2020, has facilitated over US$3 billion in transactions in the last several years and now operates in 20 countries across the continent. The company recently completed a US$33 million Series C financing, led by Blockchain Capital and existing investors, including Polychain Capital, Valar Ventures, Third Prime Ventures, Coinbase Ventures, and Block, Inc. (Square/Cash App), reflecting strong investor confidence in its mission.   

As the stablecoin landscape continues to evolve, Yellow Card is committed to leading the charge in making digital assets accessible and secure for businesses across Africa. With the recent licensing and funding, the company plans to expand its B2B offerings by enhancing its stablecoin rails, upgrading infrastructure, and advancing its B2B API and Widget. These efforts will empower businesses with seamless solutions for liquidity management and their general operations. 

To learn more about Yellow Card, visit: https://YellowCard.io/. 

Distributed by APO Group on behalf of Yellow Card Financial.

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Telecoming and MTN Partner to Launch cloud gaming in South Africa

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23 hours ago

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November 21, 2024

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MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ —

  • Both companies extend their collaboration to introduce cloud gaming in South Africa.
  • MTN Cloudplay aims to revolutionize digital entertainment with affordable, high-quality gaming access.

MTN, Africa’s leading telecommunications operator with over 290 million subscribers across the continent, announces the launch of Cloudplay, a revolutionary new cloud gaming service, with Telecoming (www.Telecoming.com), a sportech company specializing in developing and distributing mobile experiences for sports and entertainment. This project marks a new milestone in the ongoing collaboration between the two companies.

MTN Cloudplay: A Game Changer

MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality gaming experience without the need for downloads or high-end gaming consoles. The service will allow customers to stream high-end PC games to their mobile phones, enabling them to play anywhere, anytime.

This service seeks to democratize access to high-quality mobile gaming for the whole family; including various genres which include retro games and exciting popular gaming titles with multi-device gameplay, at an affordable price of only R79 per month.

Jason Probert, General Manager for Digital Services at MTN South Africa shared his thoughts on the collaboration:

Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month

“We’re thrilled to launch MTN Cloudplay in South Africa. We’re committed to enabling our customers to enjoy the benefits of a modern connected life and the advent of 5G means that it is now possible to stream and play games without the need for a PC or console. Customers can use their existing Steam licenses on the service, and have access to more than 300 games on the service for only R79 per month.”

Alí Karaosman, MEA Director of Telecoming says “It is very exciting for us to extend our collaboration with MTN, bringing our nearly decade-long experience in this market and supporting the operator in this innovative digital entertainment offering, we are convinced that MTN Cloudplay will revolutionize the way users in South Africa enjoy video games. For Telecoming, this partnership with MTN is a strategic step in our mission to bring esports and innovative digital services to Africa. We are committed to continuing to develop technological solutions that enhance digital leisure for people in the region.”

Service Details

MTN Cloudplay is available to all MTN users in South Africa since November 2024. With a vast library of over 340 games from over 50 publishers, this cloud gaming service offers an unmatched gaming experience on any device.

MTN Cloudplay is accessible to MTN subscribers. Users can visit https://Cloudplay.MTN.co.za to explore the platform and enjoy a wide selection of gaming titles.

Highlights

  • Extensive Game Library: Enjoy classics like Contra, PacMan and Mortal Kombat and modern hits like Hogwarts Legacy and Borderlands 3.
  • Bring Your Own License (BYOL): Access games you’ve purchased on Steam, such as Grand Theft Auto V and Fallout 4.
  • Multi-Device Access: Play on any device and switch seamlessly between them.
  • Low Latency: Experience responsive gameplay with minimal lag.
  • Subscription: Available directly on https://Cloudplay.MTN.co.za or via the MTN Play https://Play.MTN.co.za website for R79 per month.

Distributed by APO Group on behalf of Telecoming.

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rainx Launches the101 Range of 5G Fixed Wireless Access (FWA) Routers for Mobile Network Operators (MNOs)

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2 days ago

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November 20, 2024

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The industry’s smartest and most aesthetically pleasing 5G and Wi-Fi 7 router opens new opportunities for service providers globally

JOHANNESBURG, South Africa, November 20, 2024/APO Group/ — 

rainx, a leader in 5G Fixed Wireless Access (FWA) solutions, has launched the101 range (https://apo-opa.co/40UwYYE), an advanced ecosystem of fixed wireless 5G and Wi-Fi access products designed to meet the high standards of modern Mobile Network Operators (MNOs), Mobile Virtual Network Operators (MVNOs) and their customers.

This lineup includes the101 and the101 Pro 5G smart routers, the101 Xtender smart mesh Wi-Fi extender, and the101 Loop – a new category of product designed for today’s always-connected customer, powered by MediaTek. Together, these solutions redefine 5G FWA, enabling operators to enhance network quality, reduce churn, and drive new revenue streams. The routers also offer a collection of 101 skins to suit the users’ style, creating devices that are designed to be on show.

Targeted to the demands of the modern telco

As demand for 5G-enabled FWA continues to surge, MNOs face complex challenges in scaling network capacity and quality for fixed locations, while managing the concurrent load on mobile networks. Recognising this challenge, rainx has engineered the Customer Edge approach, an integrated ecosystem of products and services designed to empower operators to manage and optimise the customer experience. This begins with the101 range of 5G smart routers, which double as network probes, feeding real-time insights to theStation, a smart managed services platform.

theStation provides operators with deep network insights, enabling accurate, proactive decisions on coverage and capacity expansion. Operators can access detailed data on network performance in the home, including Wi-Fi clients, usage patterns, speed and latency – providing proactive support and direct customer communication through the101’s touch screen. This visibility gives MNOs comprehensive control over the entire FWA ecosystem, helping to streamline network load management, anticipate capacity needs, and deliver high-speed connectivity for both residential and commercial customers.

For end-users, the101 range provides an intuitive, self-service interface that empowers customers to manage their network in real time, minimising support needs and enhancing the overall customer experience.

Key Products in the101 Range include:

the101 Pro 5G smart router

Built for premium, high-demand users, the101 Pro offers advanced 5G capabilities with the new MediaTek (MTK) T830 platform that delivers sub-6Ghz 5G with speeds of up to 7 Gbps, Wi-Fi 7 and 300MHz 4 carrier aggregation. The routers offer a range of customisable skins to suit the users’ aesthetic preferences that bring the Pro’s screen to life. Its powerful hardware ensures optimal performance for bandwidth-intensive applications, including cloud gaming.

Our Customer Edge approach provides operators with the deep insights they need to make informed decisions on their networks

Ripple Messaging™ offers MNOs a direct communication channel to the device’s 2.1” touch screen for real-time support and service notifications. It includes a built-in speed test and a “Tap for Support” feature. Additionally, theStation’s managed services enable proactive device management, optimising performance with real-time updates to ensure continuous service quality and reducing operational costs.

the101 5G Smart Router

rainx’s mid-range offering is powered by an MTK T750 platform with 200MHz two carrier aggregation and AX3600 Wi-Fi 6. With a 1.8” touch screen display, it offers smart features like “Scan to Connect”, direct messaging and a built-in speed test. It’s available with a choice of 101 skins to suit customer tastes. the101 also offers managed services through theStation.

the101 Xtender Smart Mesh Wi-Fi

the101 Xtender broadens 5G coverage, enabling MNOs to deliver high-quality, uniform connectivity throughout larger spaces. As part of the mesh network, Xtenders integrate directly with 101 routers, allowing operators to address Wi-Fi coverage gaps and deliver a consistent, high-speed experience across homes or office spaces.

the101 Loop

A new portable 5G router designed for today’s always-connected consumer. With built-in 5G, a 5.5” LCD touch screen, 25W stereo sound and a cinematic camera, the Loop lets you connect in exciting new ways. MNOs can leverage the Loop’s multimedia capabilities to offer premium services, build customer loyalty and create new ARPU (Average Revenue Per User) opportunities through integrated 5G and Wi-Fi.

“Through smart hardware and services, we’re partnering with MNOs and MVNOs to unlock the potential of 5G,” said Brandon Leigh, Founder and Director of rainx. “Our ecosystem empowers operators to monetise latent 5G capacity, create new revenue streams, and addresses the shift from spiky mobile traffic to high, steady usage at fixed locations. Our Customer Edge approach provides operators with the deep insights they need to make informed decisions on their networks, manage the customer experience and generate ROI from 5G.”

“For customers, the 101range allows them to blend their aesthetic preferences with beautiful customisable skins, alongside high-performance engineering powered by the latest MediaTek CPE technology. the101 range delivers a reliable, high-speed connection that stays robust during periods of spiky traffic. The range also offers intuitive self-service features, allowing customers to easily monitor and control their router, reducing the need for support calls and creating a seamless, hands-on user experience that truly puts the power in their hands,” Leigh concluded. 

Rami Osman, Director of Business Development for MediaTek Middle East and Africa, said: “We are excited to collaborate with rainx to increase 5G FWA access across Africa, Asia and abroad to bring the benefits of fast, reliable connectivity to consumers and businesses. The MediaTek T830 has a highly integrated and compact design that provides big power savings and reduces development time and costs for customers like rainx.

“The MediaTek T830 chipset platform represents the latest advancements in both 5G and Wi-Fi connectivity and enables our customers to build extremely high-performance multi-gigabit 5G CPE products in the smallest form factors possible. Users can get a super-fast router at home of office that they can self-install and manage, reducing the lengthy installation times for fixed line broadband,” Osman said.  

Distributed by APO Group on behalf of MediaTek Inc..

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