New online liquor store Liquor.co.za has launched in South Africa. The digital platform caters to the need for an e-commerce portal that can service both direct-to-customer (D2C) and high-volume business-to-business (B2B) requirements, and is the result of a collaboration of expertise from key players in the liquor and entertainment industries.
Construction on The Capital Mbombela's R205m project, set to be a game-changer on the city's hotel and accommodation industries, is well underway with an anticipated hotel opening set for November 2021.
"The city hasn't seen any significant new additions to its hotel repertoire since development ahead of the 2010 FIFA World Cup projects," says Marc Wachsberger, managing director of The Capital Hotels and Apartments.
"Its status as a leading city in Mpumalanga, at the heart of the province's tourism and agriculture sectors, means that the time is perfect to build an exciting new offering that will be appealing to tourists and corporates alike."
The African Development Bank (AfDB) earlier this month approved a $7m grant from the Sustainable Energy Fund for Africa (SEFA) for technical assistance in setting up the Africa Mini-Grid Market Acceleration Programme (AMAP), which aims to boost energy access in remote regions and enhance climate resilience throughout Africa.
AMAP will include three core components: the implementation of a new and standardised framework for national-scale mini-grid acceleration programmes (MAPs) in four countries, the design and enhancement of financial de-risking solutions, and support for knowledge, innovation, and skills development activities, including the continuation of the bank’s Green Mini-Grid Help Desk website.
Promoting energy access
“Mini-grids are an integral and increasingly important feature of the energy access solution, not just in terms of providing lights to households, but also in ensuring that underserved populations have access to productive uses of energy to power, inclusive and green economic growth. AMAP underscores the African Development Bank’s commitment to strengthening Africa’s mini-grids industry, which we see as a key driver for accelerated energy access, climate resilience, and a green post-Covid-19 recovery,” said Dr Kevin Kariuki, the AfDB's vice president for Power, Energy, Climate and Green Growth.
AMAP’s overarching aim is to transform the scale of public and private investments in renewable energy mini-grids throughout Africa, including such initiatives as the Green Mini-Grid Market Development Programme, the Nigeria National Electrification Project, and the DRC Green Mini-Grid Programme.
Reducing GHG emissions
AMAP’s initial phase in four countries is expected to lead to 880,000 new electricity access connections providing modern energy access to over 4 million people, over 80MW of renewable energy-based generation; the creation of 7,200 full-time jobs, of which 1,800 are anticipated to be held by women, reductions of over 6.5 million tonnes of carbon dioxide equivalent (tCO2eq) in lifetime greenhouse gas (GHG) emissions, and the facilitation of an estimated $650m of public and private investments in mini-grids.
AMAP is strongly aligned to the ambitions of the Bank’s New Deal on Energy for Africa as well as the UN Sustainable Development Goals (UN SDGs). Aaron Leopold, CEO of the Africa Minigrid Developers Association, said, “Mini-grids are a fundamental but under-supported element of Africa’s energy future. To achieve SDG 7 (target on energy), the sector must be radically scaled up, and to do this, a holistic and broad-spectrum support programme informed by industry needs is required to bring governments, investors, and of course the mini-grid sector the kind of support that can facilitate fast and efficient progress. For these reasons, AMDA is excited to see AfDB working to bring mini-grid investments in Africa to the next level.”
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law.