21.4 C
New York
Thursday, June 4, 2026

Tag: Africa

Africa’s Tax Leaders Convene in Morocco to discuss International Tax Developments

Rabat, Morocco, June 03, 2026 (GLOBE NEWSWIRE) -- Tax leaders from across the continent are meeting in Morocco's capital city to discuss the impact of international tax issues on Africa, in the 11th edition of the Africa Tax Symposium (ATS). Held in a North African country for the first time, the topical ATS programme will run from 3 to 5 June 2026. 

Statkraft and Elkem sign seven-year power agreement for Bjølvefossen plant in Norway

(Oslo, Norway, 3 June 2026) Statkraft and Elkem ASA have signed a new long-term power purchase agreement (PPA) that secures competitive and predictable electricity supply for Elkem’s plant in Bjølvefossen, Norway. The agreement is for the 2031-2037 period, and the total contract volume is 1,534 GWh.

The agreement supports continued industrial activity, local value creation and sustainable production at Bjølvefossen. The plant employs 150 people and is one of the world’s largest suppliers of foundry alloys, with an annual production capacity of 60.000 mt. Its products are sold primarily in the EU and Asia and are used in sectors such as automotive, construction, renewable energy and defence. They are produced with a carbon footprint of around one-third of the global average.

“We are very pleased to sign yet another long-term power agreement with an important Norwegian industrial company. Long-term contracts at competitive terms help support local jobs and value creation at a time of significant uncertainty and volatility, says EVP Markets in Statkraft, Hallvard Granheim.

“Access to long-term, competitive power agreements is essential to maintain industrial production and jobs in Norway. This agreement with Statkraft strengthens the competitiveness of our Bjølvefossen plant and reflects the close link between energy and industrial development in Norway. It enables us to continue supplying strategic materials to European industry and supporting the EU's security in a turbulent geopolitical context,” says Inge Grubben-Strømnes, Elkem’s SVP Foundry Alloys.

Elkem has a strong portfolio of long-term power contracts in Norway, securing a significant share of its 3.5 TWh annual power consumption at competitive terms. The new agreement further strengthens predictability for the company’s operations and investment planning. 

For further information, please contact:

Oceana Calls on Governments to Put Coastal Communities First at Our Ocean Conference in Kenya

Actor Kate Walsh to join Oceana in Mombasa at Our Ocean Conference to meet with local fishers and elevate coastal voices in global ocean decision making

WIN EURASIA 2026 to Showcase the Future of Manufacturing

ISTANBUL, June 3, 2026 /PRNewswire/ -- WIN EURASIA 2026, one of the leading industrial trade fairs in the Eurasian region, is set to bring...

World Giving Report reveals factors that increase generosity to good causes

LONDON, June 3, 2026 /CNW/ -- New research from the Charities Aid Foundation (CAF) reveals how people give to good causes in countries around...

Cocamidopropyl Betaine (CAPB) Market Size to Reach USD 1.45 Billion by 2033, Driven by Growing Demand for Mild Surfactant Systems, Regulatory-Aligned Formulations, and Expanding...

Verified Market Research® Reports Rising Adoption Across Personal Care, Household Cleaning, Industrial Cleaning, and Agrochemical Formulations as Manufacturers Prioritize Foam Stability, Cleansing Performance, Formulation...

Cocamidopropyl Betaine (CAPB) Market Size to Reach USD 1.45 Billion by 2033, Driven by Growing Demand for Mild Surfactant Systems, Regulatory-Aligned Formulations, and Expanding...

Verified Market Research® Reports Rising Adoption Across Personal Care, Household Cleaning, Industrial Cleaning, and Agrochemical Formulations as Manufacturers Prioritize Foam Stability, Cleansing Performance, Formulation...

FinDev Canada announces historic climate finance capitalization to scale private investment in emerging markets

MONTREAL, June 2, 2026 /CNW/ - On the occasion of Montreal's Sustainable Finance Summit, FinDev Canada, Canada's bilateral development finance institution, announces a historic climate...

LG Transforms Home Viewing Across the Middle East and Africa with Ultimate Football Season Campaign Featuring Wael Gomaa and Hafid Derradji

Designed to unite families and friends, the new campaign creates an unforgettable shared viewing experience by bringing the stadium atmosphere into the living roomLG...

INTEGRA APPOINTS AUSENCO TO LEAD DETAILED ENGINEERING AT DELAMAR, NEPA PUBLIC SCOPING PERIOD UNDERWAY

TSXV: ITR; NYSE American: ITRGwww.integraresources.comVANCOUVER, BC, June 2, 2026 /CNW/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) is...

Afreximbank Deepens Commitment to Economic Progress in The Bahamas

The roadshow which took place under the theme "Investing in progress through the implementation of the Afreximbank mandate in The Bahamas" built on the...

ROLLINS TO PRESENT AT UPCOMING INVESTOR CONFERENCES

ATLANTA, June 1, 2026 /PRNewswire/ -- Rollins, Inc. (NYSE: ROL), a premier global consumer and commercial services company, today announced that members of management...

Valneva’s Chikungunya Vaccine IXCHIQ® Now Authorized in Canada for Individuals Aged 12 and Older

Saint Herblain (France), August 18, 2025 Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that Health Canada has granted marketing authorization for its single-dose vaccine, IXCHIQ®, for the prevention of disease caused by the chikungunya virus in individuals aged 12 years and older. This announcement adds to the adult marketing authorization already received in Canada1 and complements the adolescent label extension received in Europe in April 20252.

- A word from our sponsors -

spot_img

Newsletter Signup

Name(Required)
Email(Required)
Privacy(Required)
This field is for validation purposes and should be left unchanged.
HomeTagsAfrica