The project will provide electricity to millions of households, as well as small and medium-sized enterprises and industries, thereby improving the living conditions of the regional population
Business
AfDB signs five-year agreement to use FIDIC standard contracts
The International Federation of Consulting Engineers (FIDIC) (FIDIC.org) has secured a major agreement with the African Development Bank (AfDB.org) that will see the international funding organisation include the use of seven FIDIC standard contracts for the next five years.
Global Growth: Modest Pickup to 2.5% in 2020
Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.
United States Stands Ready to Support Africa on Its Energy Journey
The strategy is for the U.S. government to work with U.S. companies that want to do business in Africa and to work with countries in Africa that want to do business with U.S. companies
South Africa reveals its blueprint for its energy future
South African cabinet approved the Integrated Resource Plan (IRP 2019) that plotted the path for the nation’s generation technology mix to assuage the current energy crisis.
Mondelēz International launches global consumer trends study
Mondelēz International announced the launch of its first-ever State of Snacking™ report, a global consumer trends study examining the role snacking plays across the world in meeting consumers’ evolving needs: busy modern lifestyles, the growing desire for community connection and a more holistic sense of wellbeing.
Horn of Africa countries launch regional initiative as peace dividend beckons, $15 billion investment on the cards
Five Horn of Africa countries have launched an initiative to forge closer economic ties, building on the improving political climate in the sub-region.
