A look at the Foreign Direct Investment (FDI) momentum leaders in 2024, courtesy of fDiInsights Annual FDI Standouts Watchlist. What does this mean for the everyday countries such as Cambodia, Philippines, Namibia, or Iraq? FDI or Foreign Direct Investment, is a critical economic indicator measuring international investment inflow. For #Namibia, for example, ranking 5th implies […]
Read more »Via Semafor, an interesting look at sub-Saharan Africa’s renewable energy generation prospects, illuminating South Africa’s commanding lead: South Africa will produce nearly half of sub-Saharan Africa’s renewable energy generation capacity over the next half decade, the International Energy Agency estimates. Most of the 64 gigawatts of renewables in the region are expected to come from […]
Read more »Via Impact Alpha, commentary on the importance of financing power transmission—not just generation—to meet Africa’s climate goals: Renewable energy generation and storage opportunities were a key focus at last week’s Africa Climate Summit in Nairobi, culminating in $26 billion in new funding commitments to climate projects. A large but overlooked energy investment opportunity: power transmission. Transmission […]
Read more »Via BBC, a look at Kenya’s push to make ‘boda-boda’ motorbike taxis go electric: Moses Lugalia has joined Kenya’s budding electric vehicle revolution – by exchanging the noisy roar of his petrol motorbike for the gentle hum of an electric one. The biggest incentive to go electric for the 27-year-old rider of a motorbike taxi […]
Read more »Via Bloomberg, a report on Kenya’s economic growth: Output grew 5.9% in third quarter versus 4.3% a year ago Agriculture grew 6.7%, recovering from contraction in 2023 Kenya’s economic growth accelerated more than expected in the third quarter, underpinned by a rebound in agricultural output after years of drought and a buoyant tourism sector. Gross domestic product […]
Read more »Via Unherd, a report on how cryptocurrency can be a liberating force in Africa by bringing electricity to those who need it: Bondo is a scattered cluster of villages in a remote region of Malawi near the border with Mozambique. It sits in the foothills of Mount Mulanje, where residents rely on their feet for […]
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