Crossboundary Energy Access (CBEA), Africa’s first project financing facilities for mini-grids, is planning to unlock more than $11 billion from investors to bring electricity to at least 100 million people on the continent. The new financing facility attracted $16 million in its first close – enough to fund mini-grids that could connect 170,000 people, according […]
Egypt’s Environment Minister, Dr Yasmine Fouad, has officially resigned to assume her new post as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD), the Egyptian cabinet confirmed on Sunday, July 20. Prime Minister Mostafa Madbouly accepted her resignation and appointed Local Development Minister Manal Awad to temporarily oversee the Environment portfolio alongside […]
The International Air Transport Association (IATA) has urged African governments to take decisive action to strengthen the continent’s aviation sector, describing it as a vital engine for economic growth, connectivity, and job creation. Currently contributing $75 billion to Africa’s GDP and supporting 8.1 million jobs, the aviation industry is projected to grow at 4.1% annually, […]
