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African Energy Chamber accuses banks of financial apartheid

Withdrawal of financial support to O&G sector impacts Africa’s economic development

Friday, August 9, 2024 0 2230

“It is shocking that financial institutions that do business in Africa continue to practice financial apartheid by cutting off capital and financing to oil and gas companies operating in Africa because of climate concerns. These same institutions fund gas development in Europe, where natural gas is deemed green and a fossil fuel for Africans,” says NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

Collaborating on common interests

Promoting the maritime agenda

Wednesday, August 7, 2024 0 1373

SOUTH AFRICA: The Maritime Business Chamber (MBC) and EThekwini Maritime Cluster (EMC) recently signed a Memorandum of Understanding (MoU) with the objective of addressing a number of critical areas in the maritime industry aimed at training, transformation and business support.

Responding to “insider threats”

Recognising the threat posed by maritime employees who make use of their authorised access to perpetrate a security breach within their companies,...

Funding port development to facilitate trade

COMOROS: The islands of Comoros has received a major boost to finance its maritime and port ambitions following the approval of a $135 million...

Two new launch boats for the Port of Cape Town

SOUTH AFRICA: Transnet National Ports Authority (TNPA) officially launched two new launch boats, built in the Sandock Austral Shipyard in Durban...

Work to stabilise wreck continues ahead of new tender for full wreck...

SOUTH AFRICA: Salvage efforts to stabilise the wreck of the Ultra Galaxy are ongoing ahead of the issuing of a further tender for a full wreck...

National blue economy workshop proposes the establishment of an African...

CAMEROON: The establishment of an African Union Institute for Blue Economy and Technology was proposed during a consultative workshop funded by...

New Vice President for Liberian Registry

LIBERIA: Commander Norm Witt, a retired member of the US Coast Guard, has been appointed as Vice President, Port State Control Affairs of the...

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EDITOR'S PICKS

MRA Online Wednesday, February 18, 2026

Comment on V&A Waterfront bid for land reclamation

SOUTH AFRICA: V&A Waterfront Holdings (Pty) Ltd has formally applied for approval to reclaim nearly four hectares of land from coastal waters at Granger Bay, stating that the project could contribute substantially to the country’s gross...

MRA Online Monday, February 16, 2026

African states call out false flags

Two African nations have issued formal warnings to the International Maritime Organisation, alerting the global shipping community to fraudulent vessel registrations falsely claiming to fly their flags.

MRA Online Thursday, February 12, 2026

Relinquishing the desire for a salty SONA

“After last year’s lack of salt in the State of the Nation Address (SONA), I am wholly uninclined to get excited about another year of pronouncements of what “we will” do from the government. In 2025 during his eighth...

MRA Online Tuesday, February 10, 2026

Fake seafarer documentation remains a concern

The International Maritime Organisation’s Sub-Committee on Human Element, Training and Watchkeeping (HTW) issued a report at the beginning of the month outlining more than 100 documented cases of fraudulent seafarer documentation reported...

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RSS Upcoming Events

26 Jan 2026 SAMSA STAKEHOLDER ENGAGEMENT 1/26/2026 - 2/26/2026

The South African Maritime Safety Authority has issued a Marine Notice to clarify dates for stakeholder engagements on the Draft Merchant Shipping Regulations that were published at the end of December last year