CI VIEW: Avelar making preliminary study of Tunisia/North Africa renewable market


TRIESTE (CI MENA) – Avelar Energy Group, the Zurich-based renewable energy company, is engaged in a preliminary study to determine whether to enter the Tunisian and North African renewable energy sector, Avelar chief executive officer Igor Akmerov said.

[Renova chairman Viktor Vekselberg speaks to Capitol Intelligence using CI Glass at Italo-Russia Summit with Russian President Vladimir Putin and Italian PM Enrico Letta]

Akhmerov said Tunisia and the North African markets of Libya and Algeria could offer interesting opportunities to the group owned by the Renova Group of Russia’s leading industrialist Viktor F. Vekselberg.

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CI VIEW: White List of best players begins to take form following World Bank/IMF meeting



 WASHINGTON (CI Africa) — The concept of a White List that Ministers, State-owned enterprises and private sector owners can access followed a discussion here about the possibility of sharing names of black listed individuals and companies between the World Bank and affiliated groups such as the International Finance Corporation and private sector companies.

[Nigerian Finance Minister HE Ngozi Okonjo-Iweala speaks to Capitol Intelligence using CI Glass  at GE hosted Africa Ascending Summit in Washington, DC on August 4, 2014]

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CI VIEW: Heirs Holdings, Symbion and GE join forces for USD 2bn Nigerian power generations venture, Heirs Chairman

WASHINGTON (CI Africa) – Nigerian private equity group Heirs Holdings, US listed GE and Washington, DC-based Symbion Power have joined forces for a USD 2bn power generation project for Nigeria’s Delta region, Heirs Holdings Chairman Tony  O. Elumelu said.

[Heirs Holding Chairman Tony O. Elumelu speaks with Capitol Intelligence using CI Glass at US Senate Foreign Relations Committee hearing on Power Africa.  Washington, DC. March 26, 2013]

In an interview with Capitol Intelligence at the US Senate, Elumelu said his fund, through its subsidiary, Transcorp, has committed to invest between USD 2-2.5bn to generate 2,000MW of electricity over the next five years.

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