As South African President Cyril Ramaphosa announced drastic new measures to combat the spread of the Covid-19 coronavirus within the country, we take a closer look at the statistics from the rest of the continent. SOURCE | Africa Centres for…
$121.7 million loan approved to support Namibia’s water and sanitation sector
The Board of Directors of the African Development Bank on Wednesday approved a $121.7 million loan (ZAR 1.893 billion) and Euro 3 million grant from the Rural Water Supply Sanitation Initiative Trust Fund to support Namibia’s “Water Sector Support Program”. …
Energy producers hold special talks on the sidelines of OPEC
Several African petroleum and energy ministers met in Vienna last week, including OPEC Members Equatorial Guinea, Nigeria, Gabon, Congo-Brazzaville and Angola to join OPEC efforts in stabilizing the market in light of the ongoing coronavirus outbreak. They were joined by…
Regional Forum to define a road map for Africa’s Decade of Action
Over 3000 delegates descended on Victoria Falls last week for the sixth Session of the Africa Regional Forum on Sustainable Development to review progress, share experiences and build consensus on how the Continent can accelerate the implementation of the 2030…
First continental report on implementation of Agenda 2063 unveiled
The United Nations and the African Union on Saturday acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation.The call was made on Saturday at the launch of the first…
Equatorial Guinea delivers on expectations of Cross-Border cooperation
Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea and hopes to deliver where others have failed – developing the first successful cross-border gas venture on the continent. Gas is a key priority for…
AOP advances new collaboration and trade on the continent
The fifth edition of Africa Oil & Power (AOP) returns to Cape Town on September 15-17, for three days of deal-making and discussions focused on Africa’s energy transition, industrialization, regional business and economic transformation. For the first time, AOP will…
ECCAS announces ‘Round Table’ to develop Roads and Transport Sector
The general secretariat of the Economic Community of Central African States (ECCAS), the governments of the Central African Republic, the Republic of Congo, the Democratic Republic of Congo (DRC) and the Republic of Chad are organizing a round table in…
Ruzizi Hydropower Project receives €8 million grant approval
The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on…
Nigeria ready to host the 3rd annual International Petroleum Summit
Last month, Nigeria’s Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva declared 2020 as the ‘Year of Gas‘ for the West African Nation. In line with this initiative, the Minister and the Managing Director of the Nigerian National…