Namibia’s energy sector has seen rapid development in a short period of time owing to three major oil and discoveries, the launch of a billion-dollar green hydrogen project and renewed focus by global players in the frontier opportunities the market presents. As the market grows, the upcoming African Energy Week (AEW) conference – taking place […]
The Saudi Fund for Development (SFD) (www.SFD.Gov.SA), represented by its CEO, Mr. Sultan bin Abdulrahman Al-Marshad, signed in Rwanda’s capital, Kigali, with the Minister of Finance and Economic Planning, Dr. Uzziel Ndagijimana an agreement for a concessional development loan of $20 million to finance the electricity delivery project in the Kamonyi District. The signing ceremony
The Saudi Fund for Development funds a project to deliver electricity in Rwanda Read More »
The United Nations World Food Programme (WFP) in partnership with the Government of the Republic Zambia have launched a five-year plan targeting nearly 650,000 people. The plan seeks to eliminate hunger, improve nutrition, and strengthen the resilience of vulnerable communities to food shocks. The WFP Country Strategic Plan (2023-2028) is a comprehensive road map that
World Food Programme embarks on new five-year plan to end hunger in Zambia Read More »
Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda
This is the first time the EIB (https://www.EIB.org) and the Mauritanian financial sector have worked together since 2006, and is among the first operations under the new 2023-2027 agreement between the European Commission and the EIB for financing the private sector in Africa, the Caribbean and the Pacific. The impact of this partnership will include
African Development Bank (http://www.AfDB.org) Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. Speaking at the Second Annual Meeting of the Africa Sovereign Investors Forum (ASIF) in Kigali last
The Organization of the Petroleum Exporting Countries (OPEC) has launched the 2023 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 11 July 2023, at 14:00 (CEST) at the OPEC Secretariat in Vienna, Austria. The event was held in a hybrid format. The publication and its key highlights were presented by OPEC Secretary General, HE
OIL MARKET: OPEC presents Annual Statistical Bulletin Read More »
The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Mr Olumide Adeosun, has applauded the deregulation of the petroleum downstream sector and the unification of foreign exchange rates. As the Chief Executive Officer of Ardova Energy, Adeosun acknowledged that the issues of foreign exchange and fuel subsidy had been addressed, but he stressed
The residents of Mangaung Metropolitan Municipality told the Portfolio Committee on Cooperative Governance and Traditional Affairs that frequent changes in the demarcation of municipal boundaries and the delimitation of wards is a major cause of instability in many municipalities and can also disrupt planning by municipalities. Participating in the parliamentary public hearings on the Independent
The detection of wild polio virus (WPV1) outside Pakistan and Afghanistan, the world’s two remaining endemic countries, underscores the importance of prioritizing polio immunization activities in countries to stop transmission and prevent future instances of importation. Malawi and Mozambique reported polio outbreaks in 2022, triggering polio vaccination campaigns in Southern Africa as part of the
Zimbabwe conducts third round of polio vaccination campaign Read More »
