Energy
-
News
Banks sign partnership agreement to strengthen trade finance in Africa
RABAT, December 7, 2024 — The African Development Bank [AfDB], and the Eastern and Southern African Trade and Development Bank [TDB] have signed an agreement for a US$ 150 million Trade Finance…
Read More » -
News
COP29: Lack of clean cooking access poses deadly risks for millions in Africa, leaders urge action
BAKU, November 15, 2024 — African policymakers and international partners meeting at this year’s UN Climate Change Conference, COP29 on Tuesday highlighted the urgent crisis posed by lack of access to clean…
Read More » -
News
G7 endorses Global Coffee Sustainability and Resilience Fund, ushering in a new era for the coffee industry
PESCARA, October 26, 2024 ‒ The International Coffee Organisation [ICO] participated for the first time in its history in the G7 Development Ministers’ Meeting in Pescara, Italy from October 22-24, 2024, where…
Read More » -
News
Ninth Africa Energy Market Place held in Dar es Salaam ahead of key Africa Heads of State Energy Summit
DAR ES SALAAM, October 25, 2024 — Further to an April 2024 pledge by the Presidents of the African Development Bank and the World Bank to bring electricity access to 300 million…
Read More » -
Africa
African ministers chart continent’s energy future at closed-door sessions
CAPE TOWN, October 10, 2024 — Ministers and senior energy officials from more than 20 African countries convened yesterday for a closed-door session to address the continent’s pressing energy needs and shape…
Read More » -
News
Minister calls for more investment in electricity sector
KAMPALA, September 20, 2024 — The Minister for Energy and Mineral Development, Ruth Nankabirwa has urged Members of Parliament to support more investment in last-mile electricity connections to support Uganda’s value addition…
Read More » -
News
AEW 2024 to shape oil & gas financing, risk reduction strategies
CAPE TOWN, September 16, 2024 — Global investment in upstream oil and gas is set to reach US$ 570 billion in 2024, showing a 7 percent increase compared to 2023 expenditure. Of…
Read More » -
Africa
China Bridge commits to bringing innovative EPC and financing solutions to African projects ahead of AEW 2024
CAPE TOWN, September 15, 2024 — Maritime and energy firm China Bridge Energy is assessing project opportunities across Africa with a view to creating win-win collaborations and advancing the development of cost-effective…
Read More » -
News
Tayebwa orders probe into electricity tariffs amidst growing discontent
KAMPALA, August 15, 2024 – Deputy Speaker of Parliament, Thomas Tayebwa has directed the Committee on Environment and Natural Resources to undertake a thorough investigation into Uganda’s electricity tariffs, following concerns raised…
Read More » -
News
Afreximbank and UDB sign project preparation financing agreement
NASSAU, August 13, 2024 – African Export-Import Bank [ Afreximbank ] and the government-owned Uganda Development Bank [UDB] have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory…
Read More »