Friday, 17 July

Dear <<First Name>>

We believe that sustainability and social and economic impact are integral to business success, as well as being critical to managing project and credit risk in emerging markets.  They have always underpinned everything that we do at Camco.

We have just been through an exhaustive process of ensuring our policies and procedures in this area are watertight, better placing us to follow through on our values and maximise our impact.  So the formation of our new Sustainable Business Committee, announced this week, was the logical next step in the process.  

I'm delighted to welcome sustainability heavyweights Thandiwe Moyana-Munzara and Karin Ireton as non-executive members of the committee, and look forward to having them push us to continue to improve.

Cheers

Geoff

Managing Director, Camco Clean Energy

West Africa
 

Benin: 11 companies selected for mini-grids, SHS and energy efficiency projects (OCEF)
- Projects submitted under Off-Grid Clean Energy Facility (OCEF)'s call for proposals and require US$69.5 million investment.

Gambia allocated US$66 million to improve electricity access (The Point)
- Grant will allow extension works to OMVG substations in Soma and Brikama.

Southern Africa

South Africa: Several Eskom units return to service (SAnews)
- Additional capacity not enough to suspend recent period of load shedding.

Zambia: Sinohydro to carry out work on Kalulushi CSP plant (Afrik21)
- Zambian subsidiary of Chinese company appointed to undertake civil engineering works on the 200MW project.

East Africa
 

Kenya: Renewable energy key to attaining Vision 2030 (The Star)
-  Opinion piece by Ronald Koskei claims challenge of meeting SDGs "even tougher" without sufficient green energy.

Rwanda: Entrepreneur uses solar kits to teach students how to pursue STEM career (Forbes)
- Alice Mukashyaka's ‘build your own’ solar lantern kit introduces young people to basic electronics.

Africa - other

Chad: UNDP plans to equip 150 health centres with solar PV systems (Afrik21)
- Installations part of new Santé Soleil (Healthy Sunshine) project and designed to reduce maternal mortality rate.

Egypt: Targets set high as country turns to renewables to meet energy demand (ESI Africa)
- But are plans to produce 20% of electricity from renewable sources by 2022 and 42% by 2035 realistic?

Ethiopia: Satellite images shows new mega dam holding back more and more water (BBC)
-  The change is angering downstream countries, Egypt and Sudan, as the timetable for filling it is yet to be agreed at deadlocked talks.

Tunisia: Construction of country's first floating solar PV plant to start this year (Afrik21)
- French IPP Qair to build the 200kWp plant in the Berges du Lac district of Tunis.

Rest of World

General: Oil and gas companies turning to renewables to power operations (ESI Africa)
- New report by IHS Markit finds carbon reduction is key driver for shift.

General: Universal energy access just got harder, warns World Bank programme manager (PV Magazine)
- Rohit Khanna claims disruption caused by COVID-19 complicates outlook to 2030, the target date for reaching SDG7.