Month: June 2024

Energy for Growth in Africa Initiative Unveiled

Mr Mohammed

By.Mohammed A.Abu The decades long delay in fulfilment of pledges made by the Global South towards  climate change impact funding  in the Global North hasn’t helped the course of the global transition from fossil fuels derived energy to renewable energy as global warming and climate change impact bites deeper. Indeed, lack of external affordable funding for renewable energy projects in both the public and private sectors of countries in the Global South with particular reference to Africa, the world’s most energy poor continent, has since given rise to the legitimate…

G7 Pledges to Accelerate SDGs, Transition from Fossil Fuels This Decade

Mr Mohammed

The Group of 7 (G7) leaders from Canada, France, Germany, Italy, Japan, the UK, and the US, with the EU, have wrapped up a three-day summit, united in their “steadfast commitment” to implementing the 2030 Agenda for Sustainable Development. They pledged to redouble their efforts to accelerate progress towards the SDGs, including by transitioning away from fossil fuels in energy systems in this decade. The G7 Leaders’ Summit took place in Apulia, Italy, from 13-15 June 2024. The 36-page Apulia G7 Leaders’ Communiqué reiterates the Group’s “enduring unity and determination…

Following First Oil Production, Senegal’s Minister of Energy, Petroleum and Mining Joins African Energy Week (AEW) 2024

Mr Mohammed

CAPE TOWN, South Africa, June 19, 2024/ — Senegal’s Minister of Energy, Petroleum and Mining Birame Soulèye Diop will participate at the African Energy Week (AEW): Invest in African Energy 2024 conference – Africa’s premier event for the energy sector taking place from 4–8 November in Cape Town. Minister Diop is expected to unpack the critical role oil and gas plays across the MSGBC region, providing insight into project developments and future investment opportunities. Minister Diop’s participation comes as the country celebrates a new milestone in its oil and gas…

Transformational companies recognised during Afreximbank’s Annual Meetings 2024 in Nassau, The Bahamas

Mr Mohammed

The second edition of the awards ceremony comes as African Export-Import Bank (Afreximbank) is promoting stronger ties between Africa and the Diaspora, in a push for a Global Africa ARISE Integrated Industrial Platforms (ARISE IIP), received the Pan African Business of the Year award for advancing industrialisation, export development, and economic transformation in Africa. Notably, ARISE IIP has successfully developed world-class sustainable industrial parks in Gabon, Benin, Chad, and Togo. KCB Group won the Pan-African financial institution of the year award. Rawbank, from the DRC, clinched the same prize, but in…

World’s oldest termite mounds discovered in South Africa – and they’ve been storing precious carbon for thousands of years

Mr Mohammed

First Published June,16,The Conversation The landscape along the Buffels River in South Africa’s Namaqualand region is dotted with thousands of sandy mounds that occupy about 20% of the surface area. These heuweltjies, as the locals call them (the word means “little hills” in Afrikaans), are termite mounds, inhabited by an underground network of tunnels and nests of the southern harvester termite, Microhodotermes viator. I’m part of a group of earth scientists who, in 2021, set out to study why the groundwater in the area, around 530km from Cape Town, is saline. The groundwater salinity seemed…

Africa’s Largest Hydroelectric Power Plant Surpasses Expected Electricity Generation: Contributes to 16% of East Africa’s Total Electricity Output

Mr Mohammed

The Ethiopian government has noted that Africa’s largest hydroelectric power plant has surpassed expected electricity output. The government disclosed that the Grand Ethiopian Renaissance Dam (GERD) has generated more than 2,700 gigawatt hours (GWh) of electricity during the past 10 months. The Ethiopian Electric Power (EEP) said the mega hydroelectric power plant has surpassed its initial planned power generation targets in the past 10 months of the current 2023/2024 Ethiopian fiscal year. Its fiscal year started on July 8, 2023. According to data from EEP, the dam has registered a 26 per…

Tanzania SGR Operations Approach as the Country Launches East Africa’s First Electric Train

Mr Mohammed

The Republic of Tanzania has made a significant step in the rail transport sector as the country launched its first electric train on Saturday, which got to transport a total of 1,400 passengers from the coastal city of Dar es Salaam to Morogoro which is located in the in the western part of the country on its maiden journey, covering a total distance of 300 kilometers (186 miles)  as the Tanzania SGR Operations are expected to commence from next month. Moreover, comprising of state-of-the-art electric and signaling systems, the Tanzania…

Africa Green Building Summit & Future Cities Conference

Mr Mohammed

The second edition of the Future Cities Summit event,slated for July 16-19,2024, is poised to significantly advance the conversation on sustainable urban development in Nigeria, and the wider Africa. The Summit theme, “Building Resilient Futures: Integrating Carbon Neutrality, Circular Economy & Inclusive Urban Development,” is inspired by the World GBC’s Global Policy Principles for a Sustainable Built Environment, and its Building the Transition campaign. Both these initiatives draw on and extend the vision set forth in the earlier Africa Manifesto for Sustainable Cities and the Built Environment, embodying the Manifesto’s call for “…a net zero carbon,…

Dubai South: Final phase of South Bay project sells out in 4 hours

Mr Mohammed

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions Dubai South Properties announced the swift sell-out of the final phase of its South Bay development, located in the heart of Dubai South’s Residential District, just four hours after its market launch. The rapid sale follows the successful sell-out of all previously launched units in earlier phases, highlighting strong demand and the strategic success of the company’s project launches.The newly launched phase included 160 units consisting of three- and four-bedroom townhouses,…

Faced with the threat of regional disintegration in West Africa, resignation is not an option (By Dr Olakounlé Gilles Yabi)

Mr Mohammed

DAKAR, Senegal, June 13, 2024/ —  Dr Olakounlé Gilles Yabi, Founder and CEO of the citizen think tank WATHI (www.WATHI.org). In 2014, when I was working to launch the citizen think tank WATHI, I wrote the following in the concept note I proposed to dozens of friends interested in the present and future of West Africa: ‘West Africa is a very young region. The proportion of the population aged under 25 in each country of the region exceeds 60%. Demographic growth in West Africa will remain strong in the medium…