Fareed Rahman Jan 01, 2024 The expansion of the Brics bloc to include Saudi Arabia and the UAE is expected to offer new investment opportunities for the Arab world’s two largest economies while boosting the group’s influence globally, analysts said. Saudi Arabia along…
ABIDJAN, Ivory Coast, December 19, 2023/ — The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group () (), has approved a $302.9 million loan co-financing for a multinational power project that…
OUAGADOUGOU, Burkina Faso, December 19, 2023/ — History of the “Solar Grandmothers” initiative During the India-Africa Forum held in New Delhi in April 2008, an agreement was reached between the Government of India and the African Union (AU) Commission on pan-African…
About a year ago, before COP27 began in Egypt, Fiona Harvey and Matthew Taylor wrote in an opinion piece for The Guardian that it was time for gas exploration in Africa to stop. “Africa must embrace renewable energy, and forgo…
PARIS, France, December 11, 2023/ — West Africa is home to a diverse landscape of energy players, from mature petroleum producers to emerging gas frontiers. For established markets, the energy transition requires decarbonizing and optimizing existing operations, while bringing renewable…
JOHANNESBURG, South Africa, December 10, 2023/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). There was an era when Africa and Western pop music were closely linked. Western entertainers spearheaded a number of internationally renowned events to raise awareness…
ABIDJAN, Ivory Coast, December 10, 2023/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office (FCDO), which will allow the…
The Executive Chairman of the South Africa based Africa Energy Chamber,N.J.Ayuk has taken a swipe at the climate agenda describing it as hypocritical, biased, unjust and that it also poses a direct threat towards Africa’s development, and countries should remain…
Nigeria has achieved what looks like another major milestone in her effort to achieve a net zero carbon economy by 2060 by launching its Long-Term Low Emission Development Strategy on Friday, December 1, 2023, at COP28 in Dubai, UAE. The…
