Energy

  • Country: 
    Body: 
    China announced it will loan Guinea USD 20 billion to support infrastructure development in the country over the next 20 years. In turn, the Guinean government granted several mining concessions to Chinese companies, including for the bauxite mines in northern Guinea. Read on
  • Body: 
    An ambitious flagship project, the long-awaited construction of a trans-African gas pipeline connecting Nigeria via Morocco to Europe, might finally advance. The project was officially announced in December 2016 during a visit of King Mohammed VI to Nigeria. The 4 000 km pipeline will run along the Gulf of Guinea countries and will help create industrial hubs, and thereby will also boost regional economic integration beyond the energy sector. Read on
  • Body: 
    On 10 and 11 January 2017 in Abidjan, the African Development Bank (AfDB) hosted the first edition of the Africa Resilience Forum. It focused on “Operationalising the High 5 for a Resilient Africa,” with reference to the five priorities defined by AfDB President Akinwumi Adesina. Read on
  • Country: 
    Topics: 
    Body: 
    In his New Year’s Eve address to the nation, Senegalese President Macky Sall announced a 10% drop in the price of electricity for 2017. This measure will allow Senegalese consumers to save FCFA 30 billion, and it was made possible by an increase in the country’s energy-producing capability following the recent opening of solar power plants and by the restructuring of the national electricity company, which, since 2014, has become profitable. Read on
  • Country: 
    Opinion: 
    Body: 
    In this op-ed, Muhammadu Buhari, the President of Nigeria, responds to concerns about Africa's capacity grow economically, by presenting the project he is currently implementing in his country. He said it is time for African countries to lay the foundation for a development that transforms people’s lives and frees them from their dependence on raw materials. The country faces a threatening recession, so its path towards inclusive growth is still long. However, Nigeria’s challenges are not the most important factor, but it is the fact that Nigeria now knows its weaknesses and knows the direction it should it take to make the country’s emergence a reality. Read on
  • Topics: 
    Body: 
    West African regional organisations are advancing on plans to ensure sustainable energy access for residents of the sub-region. In collaboration with the African Biofuel and Renewable Energy Company (ABREC), the UEMOA Commission held two meetings aimed at accelerating the operationalisation of the Regional Facility for Sustainable Energy Access (FRAED). FRAED is a fund established by the UEMOA Commission and member states to spur private sector investment in medium-scale projects in renewable energy and energy efficiency. Read on