TotalEnergies acquires the largest electric vehicle charge points network in Singapore

WORLD – Broad energy company TotalEnergies, has agreed to buy Singapore’s largest electric vehicle charging network from fellow French firm Bollore Group. Upon the approval of the relevant authorities, TotalEnergies will manage and operate the largest electric vehicle charging network in Singapore, with more than 1,500 charge points installed in the city-state. This urban charging network represents around 85% of the charge points currently under operation in Singapore, access to electric vehicles owners as well as the car-sharing solution BlueSG. Singapore is aiming to phase out all internal combustion engine…

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Old Mutual to install solar power plant at its Harare headquarters

ZIMBABWE – Old Mutual Life Assurance Company Zimbabwe, the subsidiary of the insurance company Old Mutual, is planning to install a 648 kWp solar power plant at its headquarters in Harare. The solar photovoltaic system will be connected to the Zimbabwean national electricity grid. Faced with load shedding in Zimbabwe, many companies are turning to self-consumption and this is the case of Old Mutual Life Assurance Company Zimbabwe. The insurance company wants to equip its Emerald Hill headquarters in Harare with a 648 kWp solar power plant. Old Mutual has…

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Fintech company InTouch secures investment from CFAO company, TotalEnergies and Worldline

Moroccan fintech startup, OnePay secures US$409,000

SENEGAL – InTouch, a Senegalese-based aggregator of financial solutions and digital services, has announced a strategic investment from CFAO company, TotalEnergies and Worldline. The investment is done through a capital increase in which the CFAO group invests alongside Mobility54, a vehicle committed to the mobility industry in Africa that was launched in conjunction with Toyota Tsusho Corporation in 2019. The investment is significant for CFAO, which wants to be a part of Africa’s digital payment industry development. CFAO also wants to contribute to the growth of InTouch in order to…

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TotalEnergies set to invest US$60bn to accelerate the energy transition in Nigeria

NIGERIA – TotalEnergies, an oil and gas company, has announced a new investment of US$60 billion that will be allocated over a period of 10 years to accelerate the energy transition in Nigeria. A portion of the funds will be specifically for Nigeria’s renewable sources of energy, as the company moves towards becoming one of the world’s top five organisations in renewables by 2030. The Executive General Manager, Total Country Services, Bunmi Popoola-Mordi, said the company had on 28 May 2021, transformed into TotalEnergies as an active player in the…

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