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Kenya, Uganda revive SGR railway extension deal, mull joint resource mobilization

The governments of Kenya and Uganda have now revived the plans to build a standard gauge railway (SGR) between them, with each of them pursuing individual financing for their SGR portions, with Kenya signing commercial contracts and Uganda set to finalize its deal soon. These steps signal renewed efforts in both countries to upgrade infrastructure […]

Gabon’s ‘Liberation Day’: A Year After the Coup, Hope and Hurdles

Gabon is marking a year since its military coup with a mix of celebration and cautious optimism. The overthrow of the Bongo family’s 56-year rule was widely hailed as a “liberation” by Gabonese tired of corruption and economic stagnation. In Libreville, the capital, crowds gathered to cheer interim president General Brice Oligui Nguema. There’s a […]

WB: Morocco needs to invest $2.6 Bln annually for its decarbonization transition

Morocco’s transition to low-carbon economy requires an annual investment of $2.6 billion through 2030, rising to $17.4 billion annually by 2050, according to a report released by the World Bank The money will be spent on new clean energy solutions and technologies, explained the report titled: Scaling up to phase down: Financing Energy Transitions in […]