Trafigura acquires minority stake in solar company Bboxx

AFRICA – Global commodities trading company Trafigura has purchased a minority stake in UK utility company Bboxx to accelerate progress on meeting United Nations Sustainable Development Goal 7, clean energy for all, in Africa. The size of the stake and the value of the deal have not been disclosed. Trafigura’s minority equity investment comes as Bboxx embarks on the next phase of its growth and accelerates its clean cooking commitments – a key part of tackling energy poverty and meeting UN SDG 7. Inaction on the clean cooking crisis is…

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ADM Energy extends its MoU with Trafigura of financing energy projects for a further 12 months

NIGERIA – ADM Energy PLC, a natural resource investing company, has announced that is has extended for a further 12 months its indicative Memorandum of Agreement (MoU) to enter into a strategic alliance with Trafigura Pte Ltd, a market player in the global commodities industry. It is also to be noted that there are no other changes to the original MoU. ADM and Trafigura intend to create a strategic alliance that enables the development and financing of energy projects in Africa. Under the terms of the MoU, ADM will act…

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