Inspiring Africa's Sustainable Business Growth
BOTSWANA – Yellow Card, a Pan-African cryptocurrency exchange, becomes the first cryptocurrency company on the continent to be granted a Virtual Asset Service Provider (VASP) licence to operate in Botswana. The licence, in accordance with Section 11 of the Virtual Asset Act, 2022, was issued by the Non-Bank Financial Institutions Regulatory Authority [NBFIRA] on the 29th of September 2022 and…
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BOTSWANA – Renewable energy solutions provider Scatec and the Botswana Power Corporation (BPC) have signed a binding 25-year power purchase agreement (PPA) for the construction of a solar photovoltaic (PV) facility with a contracted capacity of 50 MW at Selebi Phikwe. Scatec owns 100% of the project and will be the designated engineering, procurement and construction company, asset manager, and…
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BOTSWANA – Cellulant, a Pan-African fintech company, has partnered with Orange Money, the mobile money service of Orange to enable card-to-wallet transfers for 8 banks in Botswana. The Orange Money Card-To-Wallet service in Botswana enables customers to transfer money online from any bank account to an Orange Money wallet. The service is available to all Orange Botswana customers with bank…
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BOTSWANA – Norwegian independent power producer (IPP) Scatec has signed a power purchase agreement (PPA) with Botswana Power Corporation (BPC) for the construction of a 50 MWp solar photovoltaic plant. Scatec intends to install the solar park in Selebi-Phikwe, a mining town located 402 km from the capital of Botsawna, Gaborone. Under the PPA, Scatec will sell the electricity generated…
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BOTSWANA – Botswana Development Corporation (BDC) has launched the ground-breaking of a specialised warehouse facility for Oxygen Gas Pty Ltd (Oxygas) project in Selibe- Phikwe. Oxygas is a 100% citizen-owned company that has been set up to manufacture medical and industrial gas and is one of the trailblazers in this field, in Botswana. The ceremony was officiated by the Honorable…
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BOTSWANA – Air Botswana has announced that it has resumed direct flights from Gaborone to Zimbabwe’s capital Harare and Zambia’s Lusaka, two years after it had stopped them following the Covid-19 pandemic. Air Botswana stopped flights to some countries in April 2020 following the announcement of the coronavirus pandemic, as states took measures to prevent spread of the virus. The…
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BOTSWANA – Botswana-focused coalbed methane (CBM) developer Tlou Energy has signed a contract for the construction of a transmission line to link its Lesedi power project to the country’s grid. Lesedi is located approximately 100 Km from the existing electricity grid in Botswana. The first stage of development will be the erection of wooden poles fitted with an overhead 66kV…
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BOTSWANA – The Botswana Power Corporation, Botswana’s national power utility, has issued a request for proposals for the development and construction of six solar PV power plants across the Southern Africa country. The utility has not provided details on the combined and individual capacity of the solar plants nor has it disclosed details on their locations. Interested developers have until…
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BOTSWANA – The government of Botswana has secured US$1 million grant from The Sustainable Energy Fund for Africa (SEFA) that is managed by the African Development Bank, to facilitate the country’s transition to clean energy. The technical assistance project supports the Government of Botswana in closing critical gaps in policy, regulatory and legal frameworks, which were identified at the Africa…
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BOTSWANA – FTC Solar, Inc., a global provider of solar tracker systems, software and engineering services, has announced that it has been awarded its first project in Africa since entering this new market earlier this year. According to Ali Mortazavi, FTC Solar’s head of Sales and Marketing, the project will be located in Botswana University of Agriculture and Natural Resources…
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