Earth Finds

Earth Finds

EITI Appoints Bady Baldé As EITI Executive Director

EITI’s Africa Director, Bady Baldé, has been appointed as its Deputy Executive Director. Going forward, he will combine the roles of Africa and Deputy Executive Director. 
 
Baldé joined the EITI in 2009 and has progressively assumed more responsibilities for the EITI’s technical, country and policy work. 

As Africa Director, he currently oversees the International Secretariat’s work in 24 implementing countries in Africa. He also works on several major policy areas. On commodity trading transparency, for example, he has been instrumental in developing EITI transparency requirements and the establishment of the commodity trading working group. 

Mark Robinson, EITI’s Executive Director, commented:
 
“I am delighted that Bady will take up the role of Deputy Executive Director at the EITI International Secretariat. Bady is an accomplished speaker and strategist, whose skills and substantial country experience will take the EITI forward, as it continues to raise the bar on extractives transparency.”  
 
Bady Baldé said: 
 
“Taking on this role at such an exciting time in EITI’s history is a challenge I will relish. Implementing the 2019 Standard requires a real step change in the level of support that the EITI International Secretariat offers to implementing countries. In parallel, we are seeking to integrate reporting into government and company systems in a way that will provide a new level of transparency in the industry.”
 
Before joining the Secretariat, Baldé worked at the Central Bank of Guinea, the German Development Corporation and as a Consultant at the World Bank. In 2012, Baldé was seconded as an expert in Natural Resources Governance in the Governance, Economic Reforms and Financial Management Department of the African Development Bank in Tunis.
 
He holds a Master's Degree in Public Administration in International Development from the Harvard University Kennedy School of Government and a Maîtrise en Gestion des Entreprises from the University of Conakry. Baldé is married with two children and lives in Norway.

  • Published in World
  • 0

Snubbed By Museveni, Kasekende Pens Farewell Letter To BoU Colleagues

Dr. Louis Kasekende has thrown in the towel after losing hope of President Yoweri Museveni reappointing him as Deputy Governor Bank of Uganda. This comes after officially handing over office on Monday following the expiry of his contract.

In the letter, the outgoing deputy governor said he has made friends at the central bank for the three decades he has worked there and wished his colleagues success. Below is the letter reproduced. 

“It has been a great honour to serve in position of DG for the last 10 years. This is in addition to my first five-year term in the same position that stretched over the period 1999 to 2006.

 I express my profound gratitude to the appointing authority H.E President Museveni for according me the opportunity to serve the bank and to represent the country in various continental and international assignments.

 I also thank the various Ministers of Finance, Governor and the board of Directors of the bank for the support over the many years I have served the Bank.

 Last but not least I would like to thank all for the love and tremendous support during my employment with BoU.

 Excluding the years, I was at World Bank and AFDB, I have spent close to thirty years in total with BoU. Thus many of colleagues have become my friends.

 As I reflect upon my time at the bank. I am deeply grateful for all I have met. Serving our country is a worthwhile experience for all of us. We have jointly achieved a lot and we should be proud of the tremendous progress for our bank and our country.”

172 Get First Grade As All PLE candidates At Kampala Parents Pass

Kampala Parents School is celebrating a feat not many have not been able to achieve in the just-released Primary Leaving Examinations (PLE) – all their candidates have passed and now qualify to undertake post-primary school education.

While 226 candidate sat PLE at Kampala Parents, 172 got first grade while the remaining 54 got the super second grade, giving the school a 100 percent pass rate in the exams released by Uganda National Examinations Board (UNEB).

Among the 172 who got the first grade, 15 pupils scored aggregate four, 16 passed with aggregate 5 while 22 scored aggregate 6.

The School’s principal Daphne Kato attributed the good performance to a good working relationship the school had with parents while preparing the candidates.

“God is good and He has always been on our side. Continue working hard, put our school on the map and be role models,” Madam Kato congratulated the celebrating pupils while handing over the results.

She thanked the directors for catering for the children, providing necessities and required funds that keep the school on top. Kampala Parents School is one of the learning institution owned by the Ruparelia Group, a conglomerate owned by businessman Dr. Sudhir Ruparelia. 

  • Published in Events
  • 0

Africa Oil & Power To Discuss Renewables, LNG & Energy Finance In Cape Town

Africa Oil & Power 2020 highlights African integration across borders throughout the entire energy value chain; AOP 2020 welcomes presidents, ministers, national oil company and utility heads, IPP and renewables executives and more for the fifth edition of Africa’s Energy Conference; This year’s event will have a major focus on the driving factors behind Africa’s energy transition.

The fifth edition of Africa Oil & Power (AOP) returns to Cape Town on September 15-17, for three days of deal-making and discussions focused on Africa’s energy transition, industrialization, regional business and economic transformation.

For the first time, AOP will host the Africa Renewables Forum, the Africa LNG Forum and the Energy Finance Forum, in line with the vision of South Africa’s Department of Mineral Resources and Energy and government and private sector partners from all four corners of the continent.

The theme of this year’s conference, marking the entering into force of the African Continental Free Trade Area, is #InvestWithoutBoundaries. AOP 2020 is the only conference on the continent that fully unites power with petroleum, focusing on the driving factors behind Africa’s energy transition.

“AOP 2020 is the meeting place for Africa’s government officials, global investors and executives, to get deals done and continue moving the continent forward. This year’s conference will encompass the entire energy value chain, including the economic significance of expanding oil and gas exploration, the role of gas-to-power in electrifying Africa; the need to fully utilize and integrate renewables and the importance of using energy to spur growth and economic development throughout the continent,” says Africa Oil & Power Acting CEO, James Chester.

With the African Continental Free Trade Agreement now in its operational phase – establishing a single African market that encompasses the free trade of goods and movement between 54 countries – cross-border trade on the continent will lure investment, encourage job creation and place an emphasis on the need for new technology and cross-border collaboration.

Industry leaders will discuss gas exploration and production throughout the continent with countries including Mozambique, Ghana, South Africa and Equatorial Guinea positioning themselves as major gas players in Africa.

The Mozambique-based Rovuma LNG project envisages a 15 million ton per annum two-train facility, taking gas from its offshore area 4 block. Led by Eni and ExxonMobil, the Rovuma LNG project will develop reliable, affordable energy in the form of liquefied natural gas and transform the future of Mozambique. The final investment decision on the project will be made this year, with operations expected to begin in 20205.

Italian multinational oil and gas company ENI’s Offshore Cape Three Points (OCTP) project in Ghana reached full production in 2019, producing 80,000 barrels of oil equivalent per day. OCTP will provide domestic gas supply to national thermal power plants for more than 15 years, addressing energy requirements in urban and rural areas.

Additionally, South Africa’s first LNG hub is set to be developed at the Coega Special Economic Zone in Port Elizabeth, which will stimulate the country’s gas economy and enhance energy security.

Equatorial Guinea, meanwhile, is pioneering gas development and trade in West and Central Africa through the construction of an LNG storage and regasification plant at the Port of Akonikien under the LNG2Africa initiative.

The use of renewable energy in Africa is rapidly increasing. South Africa’s Renewable Energy Independent Power Producer Procurement program has played a fundamental role in the country’s economic growth and providing an alternative form of energy. The hugely successful program has, to date, attracted R209.4 billion in investment and created over 38,000 jobs.

“The launch of the Africa Renewables Forum, the Africa LNG Forum and the Energy Finance Forum at AOP 2020 bring new and diverse energy sector audiences together on a single stage and in a single venue,” said Chester. “AOP brings new technology to Africa and stimulates new collaboration and trade on the continent. This is the platform where the next generation of projects and deals are initiated and advanced.”

  • Published in Africa
  • 0
Subscribe to this RSS feed

Kampala