Monday, January 21, 2019
The African Union last year embarked on a series of reformswith an aim to improve efficiency and impact of the organ on the continental population. The reforms cover multiple aspects, including self-financing, among others. The New Times’Collins Mwai caught up with Dr...
The government of Ghana is planning to fence the Accra to Tema Suburban Railway Line in bid to solve persistent activities of encroachers and illegal railway track users who use it for economic activities that threaten the operations. Minister of Railways Development, Mr...
If American, Japanese, and emerging economies’ policymakers had hoped to pressure the World Bank and International Monetary Fund (IMF) to drop their policies of refusing to fund coal power projects, they were ultimately disappointed. Instead, the World Bank and...
French company VINCI Construction, in a joint venture with Andritz Hydro, has won a contract worth €284m to build the Abdelmoumen pumped storage hydroelectric plant (PSP) located 70km from Agadir in Morocco. The turnkey project is part of a plan...
Plans are underway to build South Africa’s first solar-powered desalination plant at Witsand in the Hessaqua municipality.This will be an addition to at least four desalination plants operating in the Western Cape. French ecology minister Nicolas Hulot  who attended the...
The African Continental Free Trade Area's (AfCFTA) potential as a tool for driving industrialisation, economic diversification and development was highlighted at the start of the UN Economic Commission for Africa's (ECA) Conference of Ministers in Addis Ababa. The four-day event...
East Africa has enjoyed stronger and more resilient economic growth than the other regions in Africa, at over 4 per cent per year since 1990, on the back of a more diversified economy. A new joint report by the African Union Commission (AUC)...
Construction of  phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah,...
The European Union (EU) and Germany has announced a financial package worth US $40m to fund further developments in Nigeria’s power sector, the package is part of the rollover of the Nigerian Energy Support Programme( NESP), which is managed...
Market research and analysis firm Frost & Sullivan have issued the 2018 Global Renewable Energy Outlook identifying global renewable investments to reach $228.3 billion in 2018. This growth is despite a detected slower year-on-year growth rate of 0.7% due to China reducing its solar uptake. The...
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