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AfDB approves $7.88m grant to boost renewable energy in Africa

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The African Development Bank(AfDB) Group’s Board of Directors has approved a 7.88 million dollars grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst (AETC) Programme.
The bank in a statement, said the programme is aimed at increasing renewable energy generation across the continent.
The AETC consolidates the bank’s support for the acceleration of a Just Energy transition (JET) for Africa, defined as a low-carbon transition that is fair, inclusive, creates decent work opportunities and leaves no one behind.
According to the bank, the programme works at national and regional levels, by facilitating the large-scale integration of renewable energy generation, thus increasing its share of the energy mix.
The bank  said the AETC consolidate six identified energy transition projects that would be implemented in two phases.
It said the AETC programme aimed to accomplish multiple objectives.
”These include conducting a Regional Market Study to facilitate the export of renewable energy from Botswana and Namibia as part of the 2-5 GW Mega Solar initiative.
”Additionally, it aims to advance the ZiZaBoNa regional transmission interconnector development by updating feasibility and ESIA studies while providing project structuring advisory support.
” The Mega Solar initiative is Southern Africa’s largest solar power programme and the first of its kind on the continent,”it said.
The bank also said the first phase of the Mega Solar initiative centred on the competitive procurement of 300-500 megawatts of solar power in Namibia and Botswana.
It said :” once regional transmission lines are constructed, this will catalyse the procurement of additional generation that can supply low-cost renewable energy to neighbouring countries.
”The mega solar initiative is a commitment to large-scale solar development collaboration between Power Africa and the governments of Botswana and Namibia.
”It collaborates with AfDB, the African Union Development Agency (AUDA-NEPAD), the International Bank for Reconstruction and Development, and the International Finance Corporation.”
The bank said the AETC include collaboration with the African Energy Commission to develop a continental Energy Transition Framework and Roadmap.
It said the programme would also play a pivotal role in supporting the implementation of Tunisia’s JET Strategy (2035), through financing feasibility studies for an offshore wind site (250-500 MW) with integrated energy storage.
The bank said the AETC would support Senegal in its just energy transition through the development of a just energy transition investment plan.
It said this is accompanied by essential preparatory studies and capacity-building efforts.
According to AfDB’s Director for Renewable Energy and Energy Efficiency, Dr Daniel Schroth, said
“The AETC provides critical upstream support on energy transition.
”This is in terms of planning and project preparation with a view of mobilising the required downstream investments.
” AETC further underscores the Sustainable Energy Fund for Africa’s role as Africa’s leading energy transition facility,”Schroth said.
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Gov. Otu dissolves council of chiefs leadership 

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Gov. Bassey Otu of Cross River, has approved the immediate dissolution of the leadership of the state Council of Chiefs

Prof. Anthony Owan-Enoh, the Secretary to the State Government, announced this in a statement in Calabar on Friday.

Owan-Enoh said that the governor’s action was in line with Section 4(1) of the Cross River Council of Chiefs Law, 2004.

“The governor appreciates the chairman and members of the dissolved council for their meritorious service to the state.

“He wishes them the best in their roles as traditional rulers in their respective domains,” the statement read in parts.

The State House of Assembly recently passed a resolution for the change of the leadership of the council on the ground that it had overstayed its term in office.

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LASG donates N1bn seed fund for startups to LASRIC

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Gov. Babajide Sanwo-Olu of Lagos State on Friday presented a cheque of ₦1 billion as seed fund for startups to the Lagos State Science, Research and Innovation Council (LASRIC)..

Sanwo-Olu made the presentation at the inauguration of members of the newly reconstituted Lagos State Science Research and Innovation Council (LASRIC) in Lagos.

He said that the seed funding was for the advancement of scientific innovations in Lagos State.

He emphasised the state’s commitment to supporting innovation, acknowledging Lagos as the home to many promising early-stage and unicorn startups.

Sanwo-Olu said that in the past years, the success metrics in the startup ecosystem in Lagos State had leapfrogged startups in many other cities and countries in Africa.

He said that there had been amazing impacts in Foreign Direct Investment attraction, numbers of startup solutions and patents.

“We are committed to increasing these success metrics with the provision of LASRIC seed fund to the tune of N1,000,000,000 (one billion Naira) – in the first tranche funding to the council.

“We believe this fund will continue to catalyse development in our dear state.

‘’It is my expectation that the new LASRIC Board being inaugurated today will work assiduously towards ensuring the realisation of our collective goals and aspirations,’’ he said.

According to the governor, sustaining the path of the development of Lagos State is the central focus of his administration’s THEMES Agenda.

He said that to drive deeper positive economic outcomes, it became essential to establish an Innovation, Science, and Technology body (LASRIC) to manage and propel Lagos State’s engagement with the science and technology ecosystem.

According to Sanwo-Olu, the LASRIC council is composed of experts from industry, academia and the public sector.

He said that their mission was to deepen and expand innovation activities in Lagos.

“Over the past four years, LASRIC has created over 500 jobs by supporting innovative startups in areas such as AgriTech, the circular economy, climate change and construction tech.

“In research and development, LASRIC has supported more than 70 initiatives, ranging from projects in biomass and biodiesel to artificial intelligence for medical imaging.

“LASRIC’s efforts have increased innovation activity within the state by over 250 per cent,” the governor said.

Sanwo-Olu  added that notably, LASRIC secured the government’s first patent through a multidisciplinary team from the University of Lagos (UNILAG), which worked on the Ambubag Ventilator.

He said that there were many other patent-pending projects underway, adding that these activities highlighted a path toward strengthening his administration’s value creation tenet.

While reconstituting the new LASRIC council, the governor commended the outgoing members of council under the leadership of Prof. Oluwatoyin Ogundipe, Former Vice Chancellor, University of Lagos.

He commended their outstanding performance in laying the foundation and charting the course for the new members of the council to build on.

Sanwo-Olu urged the new members to have a renewed commitment to enhancing the state’s innovation capacity.

He highlighted key areas of focus for the newly reconstituted council, which included increased funding and support, collaboration and partnership.

Some others, he said, included capacity building, focus on local challenge and promotion of culture of innovation.

Also speaking  at the occasion, Mr Olatunbosun Alake, the Commissioner for Innovation, Science and Technology, said that there was a structured assessment for technology companies and startups that could apply for the seed funding.

Alake said that the ministry had developed a system of assessment and Code of Activities called “POEM” for would-be applicants.

“POEM stands for Proposition – what problems are the startups and tech companies solving? Organisation – what kind of skills have been put together to solve the problem?

“The ‘E’ in POEM stands for Economics – does it make business sense? Will it make money? Will people buy it? and ‘M’ stands for Milestone in terms of the building these businesses will have.

“Startups or tech companies that are able to pass this assessment and access the seed funding should be able to solve problems in Lagos State and beyond,” Alake said.

In his acceptance speech, Prof. Olumuyiwa Odusanya, the newly appointed Chairman of LASRIC and Vice-Chancellor, Lagos State University of Science & Technology, expressed his gratitude and outlined his vision for the council’s future.

“It is a call to duty and to work. I am beyond excited for the opportunity to work with great minds to further advance human enterprise.

”We are glad that the government is matching its words with action,” Odusanya said.

A member of the council and Founder, Eko Innovation  Centre, Mr Victor Afolabi, said that being a member of the council was an opportunity to serve, upskill and support startups.

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Eid-el-kabir: FRSC mobilises 589 personnel for patrol in Borno

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The Federal Road Safety Corps (FRSC) command in Borno says it has mobilised 589 personnel for patrol and traffic control to ensure smooth Eid-el-kabir celebrations in the state.

The Borno Sector Commander, Mr Yelwa Dio, made this known in Maiduguri on Friday while briefing stakeholders comprising transport unions, youth groups, drivers, media, religious and traditional rulers on the ccomman’s preparations for the festival.

All is now set for the Muslim festival of sacrifice (Eid el-kabir) on Sunday, after Hajj pilgrims have observed the standing on Mount Arafat on Saturday.

Eid el-Kabir dates back to the historic event when Prophet Ibrahim (Abraham) was commanded by Allah (God) in a vision to sacrifice his son, Ishmail (Isaac).

He added that the command also mobilised 11 patrol vans, three ambulances and a tow truck, stressing that “our rescue standby will be 24 hours. If there’s any accident or crash, don’t hesitate to call 122 emergency toll free or CUG number 08077690122.”

He urged drivers to respect traffic rules and regulations, adding that the corps was into partnership with other security agencies to ensure motorists obey necessary rules and regulations during and after the festive period.

He cautioned parents and guardians against giving their wards cars to be speeding around in the name of celebration.

Dio said the command was also talking with the judiciary for a joint task force with mobile court for instant trial of offenders.

While urging for full support and cooperation of stakeholders toward a hitch-free celebration, the commander lauded the Borno Government for its support and commitment to improving the transport sector in the state.

He noted that the construction of roads and provision of subsidised buses and taxis to ease transportation was a welcome development that deserves commendation.

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