A Memorandum of Understanding (MoU) has been signed between the Transnet National Ports Authority (TNPA) and the National Energy Regulator of South Africa (Nersa) in a bid to improve alignment on the regulatory frameworks needed for the licensing and operation of petroleum, liquefied natural gas (LNG) and electricity infrastructure and facilities at the ports. “To ensure the effective implementation of the MoU, governance structures will be established through steering committees with workstreams, each with a specific focus on either technical, regulatory, or strategic aspects,” the entities said in a joint statement.
Japan will provide up to ¥25-billion ($169.42-million) in Samurai bond financing to Kenya, the East African country’s foreign minister Musalia Mudavadi said on Thursday. “This facility will strengthen our local vehicle assembly and parts manufacturing industry while also addressing electricity transmission and distribution losses, currently standing at about 23% of our national output,” Mudavadi said in a post on X.