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MALAWI, AFRICA – In a groundbreaking development, the Geothermal Development Company (GDC) has sealed a transformative partnership with the Electricity Generation Company of Malawi (Egenco) to harness Malawi’s vast geothermal potential. This collaboration marks a pivotal moment for Malawi as it ventures into the untapped world of geothermal energy. GDC, a trailblazer in the geothermal […]

The Africa Climate Summit, a landmark gathering of leaders from across the continent, concluded with a resounding declaration of intent to combat climate change and drive sustainable growth. At least 17 heads of state were individually present, with others sending representatives, as they collectively adopted the historic Nairobi Declaration. The summit, held at the Kenyatta […]

In a bold move, Nigeria, the most populous country in Africa, is set to participate in the upcoming G20 summit in New Delhi, signaling its keen interest in the global stage. Furthermore, the West African nation is contemplating submitting an application to become a member of this exclusive group of influential nations. President Bola Ahmed […]

In response to a significant revenue shortfall, South Africa’s National Treasury has unveiled a series of cost-cutting measures aimed at optimizing government expenditure. According to Reuters, these measures, articulated in a letter directed to national departments, provinces, and public entities, signify a proactive approach to addressing the country’s economic challenges. Among the key initiatives is […]

In an unprecedented move, the forthcoming African Climate Summit is set to transform how the continent addresses its climate challenges. With the aim of redirecting attention from Africa as a helpless victim of floods and famine, the summit, commencing in Nairobi next week, seeks to position the region as an active participant in climate finance […]

French mining company Eramet has swiftly announced its plans to resume manganese mining operations in Gabon, signaling a decisive move to restore normalcy following a temporary suspension in the wake of a recent coup. The abrupt decision to halt activities caused Eramet’s stock value to plunge by nearly 17% during Paris’s daily stock market trading. […]

EU Infrastructure Fund Eyes African Clean Jet Fuel Projects The European Union is turning its attention to Africa, seeking to bolster sustainable air travel through clean jet fuel projects as part of its Global Gateway infrastructure fund. With growing demand for eco-friendly aviation, the EU’s strategic move aims to support both the aviation industry and […]

In a move that marks a significant transformation for the global economic landscape, the BRICS alliance is poised to expand its horizons by welcoming six new member nations. The decision was unveiled during the 2023 BRICS Summit held at Johannesburg’s esteemed Sandton Convention Centre on August 24, 2023. This expansion is set to fuel substantial […]

In a significant address, President Dilma Rousseff, the head of the New Development Bank established by BRICS nations, highlighted the institution’s potential in assisting African countries to confront their pressing challenges. During her speech in Johannesburg, the former Brazilian President emphasized the mutually beneficial partnership between BRICS countries and Africa. The New Development Bank, formed […]

In a groundbreaking move, South Africa and China have solidified their energy ties through a series of agreements inked during the BRICS summit held in Johannesburg. The partnership aims to revamp South Africa’s ailing energy sector, which has been grappling with a crippling energy crisis that has cast a shadow over its economy. The agreements, […]