Powering Africa: Africa’s Path to Universal Electricity Access
Africa News Today
by James Ndwaru
3h ago
Energy experts warn that the shortages that plague Africa’s electricity access in 2024 will have a significant drain on the continent’s economic growth. World Bank will connect 300 million Africans to electricity with a $35 billion plan. Africa is poised to adapt to transformative advancements that will reshape the landscape of energy access, storage, and connectivity across the continent. Africa remains the most energy-deficient continent, with approximately 75 per cent of its population lacking access to electricity. As of 2021, 43 per cent of Africans, roughly 600 million people, were wit ..read more
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Global investment trends at AIM Congress 2024: a spotlight on the keynote speakers
Africa News Today
by James Wambua
15h ago
Leading the lineup of this year’s Annual Investment Meeting (AIM) keynote speakers is H.E. Ahmed Aboul Gheit, the Secretary General of the League of Arab States. Her Majesty Tirelo Molotlegi, the Princess of the Royal Bofakeng Nation, brings a unique perspective on sustainable development and community empowerment. Prof. Rae Kwon Ching, Nobel Prize Winner and Chairman of the Global Energy Prize International Award Committee, will discuss sustainable energy solutions. The AIM Congress 2024, which is scheduled from May 7 to 9 in Abu Dhabi, is set to be a groundbreaking event, attracting a cons ..read more
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South Africa’s deepening investment ties in South Sudan oil industry
Africa News Today
by James Wambua
15h ago
South Africa’s Strategic Fuel Fund (SSF) operates Block B2 in South Sudan in collaboration with Nilepet. The company has just completed a major phase of its oil and gas exploration in Jonglei state. SSF recently completed undertaking the largest geophysical survey ever done in South Sudan, covering 47,000 square kilometres. In a move marking the strengthening bilateral relations between South Africa and South Sudan, the Strategic Fuel Fund (SFF), South Africa’s state-owned petroleum company, convened a key meeting with South Sudan’s national oil company, Nilepet, in Juba last week. The meeti ..read more
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South Africa’s deepening investment ties in South Sudan oil industry
Africa News Today
by James Wambua
22h ago
South Africa’s Strategic Fuel Fund (SSF) operates Block B2 in South Sudan in collaboration with Nilepet. The company has just completed a major phase of its oil and gas exploration in Jonglei state. SSF recently completed undertaking the largest geophysical survey ever done in South Sudan, covering 47,000 square kilometres. In a move marking the strengthening bilateral relations between South Africa and South Sudan, the Strategic Fuel Fund (SFF), South Africa’s state-owned petroleum company, convened a key meeting with South Sudan’s national oil company, Nilepet, in Juba last week. The meeti ..read more
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Agribusiness could drive Africa’s economic prosperity
Africa News Today
by James Ndwaru
4d ago
Africa’s agribusiness sector is undergoing significant transformations driven by population growth, urbanisation, technological advancements, and shifting consumer preferences. Alongside their role in stimulating economic growth, agribusiness and agro-industrial development have the potential to reduce poverty and foster social and economic growth.  Technological advancements and digital transformations are revolutionising agribusiness in Africa, offering transformative opportunities. Africa’s agribusiness sector potential Agribusiness in Africa is undergoing significant transformations ..read more
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Dawood Al Shezawi: Why AIM Congress 2024 is the epicenter of global economic and cultural dialogues
Africa News Today
by The Exchange
4d ago
AIM Congress 2024 aims to facilitate economic opportunities and foster mutually beneficial international economic relations. The congress provides a platform to engage with global leaders, explore investment trends, and forge meaningful B2B and B2C partnerships. The Future Finance Forum Track at AIM Congress 2024 will explore the use of cutting-edge technologies such as blockchain, AI, fintechs, and digital currencies. The AIM Congress, under the leadership of Dawood Al Shezawi, President of AIM Global Foundation, stands poised to host an unprecedented global gathering from May 7th to 9th. T ..read more
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D.light’s 600,000 cookstoves project verified as top source of quality carbon credits
Africa News Today
by James Wambua
4d ago
Global verification body Verra certifies d.light’s clean cookstove projects in Kenya, Uganda, and Nigeria. Initiative to distribute 600,000 clean cookstoves, which are now verified by leading certifiers as a trusted source of high-quality carbon credits. Launched in 2022, these projects have already positively impacted over one million lives and are on track to transform the lives of three million people by 2025.  d.light’s clean cookstove initiatives In a landmark move that helps advance the journey towards sustainable development and environmental health in Africa, d.light, a firm tha ..read more
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Dawood Al Shezawi: Why AIM Congress 2024 is the epicenter of global economic and cultural dialogues
Africa News Today
by The Exchange
4d ago
AIM Congress 2024 aims to facilitate economic opportunities, and foster mutually beneficial international economic relations. The congress provides a platform to engage with global leaders, explore investment trends, and forge meaningful B2B, B2C partnerships. The Future Finance Forum Track at AIM Congress 2024 will explore use of cutting-edge technologies such as blockchain, AI, fintechs, and digital currencies. The AIM Congress, under the leadership of Dawood Al Shezawi, President of AIM Global Foundation, stands poised to host an unprecedented global gathering from May 7th to 9th. This ev ..read more
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D.light’s 600,000 cookstoves project verified as top source of quality carbon credits
Africa News Today
by James Wambua
5d ago
Global verification body Verra certifies d.light’s clean cookstove projects in Kenya, Uganda and Nigeria. Initiative to distribute 600,000 clean cookstoves now verified by leading certifier as a trusted source of high-quality carbon credits. Launched in 2022, these projects have already positively impacted over one million lives and are on track to transform the lives of three million people by 2025.  In a landmark move that helps advance the journey towards sustainable development and environmental health in Africa, d.light, a firm that provides innovative solutions for low-income hous ..read more
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Artificial intelligence (AI) could create a turning point for financial inclusion in Africa
Africa News Today
by Opinion
5d ago
Artificial intelligence in Africa can potentially propel the fintech industry into a new era of financial inclusion. AI tools can analyse data from client discussions, producing legal documents in simple language and at a fraction of what it would typically take to draft a contract. Banks, for example, can make their services more affordable to their customers by rolling out AI-powered chatbots to handle routine queries while sparing them from having to travel to a bank branch. It’s difficult to imagine a time before the widespread adoption of mobile technology in Africa – particularly where ..read more
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