Courtesy of Impact Alpha, a look at three (3) different business models powering Africa’s off-grid energy sector: For a decade, access to affordable, reliable and modern energy increased by roughly 100 million people a year – until the global Covid-19 pandemic. Since then, the number of people who live without any access to electricity has […]
Read more »Courtesy of The Africa Report, an article on the potential for African energy independence: Despite abundant resources, Africa still lacks electricity. An increased focus on renewable energy could remedy this paradoxical situation. According to a World Bank estimate, DRC’s resources are ranked third worldwide in the hydroelectric sector, trailing only China and Russia. “With approximately […]
Read more »Via The Conversation, an article on how a Kenya railway study shows Chinese-funded investment projects aren’t a one-way street: China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a contentious issue […]
Read more »Via CNN, an article on how America’s unwanted gas guzzling cars end up in places like Benin, Nigeria, and Kenya: Standing on the stony ground in the bustling Fifa Park car lot, Rokeeb Yaya is haggling over the price of a dark red car. It is one of a couple hundred vehicles, parked in long […]
Read more »Courtesy of The Africa Report, a look at Kenya’s shift towards western investors and governments: Kenya is increasingly becoming a darling of the West when it comes to trade and investment, a momentous diplomatic deviation from the East, particularly China, which was the previous regime’s lodestar for nearly a decade: Since the new administration assumed […]
Read more »Via The Africa Report, a look at the top performing economies in Africa: The continent is experiencing an uneven economic recovery, with significant variations from one country to another, according to the latest edition of the World Bank’s “Africa’s Pulse” report. Inflationary pressures, threats of recession, and declining investment have contributed to a weak economic […]
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