The German Africa Business Forum (GABF), whose goal is to strengthen investment ties between Germany and Africa, has announced a multi-million euro funding commitment to invest in German energy start-ups focusing on Africa in collaboration with private energy partners
Industry
Globalstar satellites redefine the boundaries of connectivity in industrial IoT
Internet of things (IoT) solutions will be primarily driven by the manufacturing, process manufacturing and transportation industries, accounting for nearly a third of total worldwide spend by 2023, according to IDC’s IoT spending guide
Petrofac inaugurates construction skills training centre in Algeria
Oilfield services company Petrofac has inaugurated its construction skills training centre in Hassi Messaoud, Southern Algeria, following the completion of a programme to upgrade the centre’s facilities
Africa Energy signs rig contract offshore South Africa
Africa Energy Corp has announced that the joint venture partnership for Block 11B/12B offshore South Africa has entered into a multi-well drilling contract with Odfjell Drilling for the Deepsea Stavanger semisubmersible rig
IEA’s global commission for urgent action on energy efficiency
The International Energy Agency (IEA) has established an independent global commission to examine how progress on energy efficiency can be accelerated through new and stronger policy action