In sub-Saharan Africa, where more than 600 million people still lack access to electricity, the continent would need to declare a state of emergency on the energy sector, the Managing Director of Sahara Power Group, Kola Adesina said. According to Mr. Adesina, energy is a critical component of driving economic growth and prosperity. The continent […]
Tag: Africa
US Intelligence Community Warns against Continuing Threats of ISIS & Al Qaeda
US intelligence agencies have warned against the persistent worldwide threat posed by the terror groups and Al Qaeda. During a Senate hearing, Director of National Intelligence Daniel R. Coats said ISIS still commands thousands of fighters in Iraq and Syria, and it maintains eight branches, more than a dozen networks, and thousands of dispersed supporters […]
Dubai-based solar developer raises $65m to power MENA
Yellow Door Energy, a Dubai-based solar developer this week said it raised $65 million to fund an expansion effort in the energy sector in the Middle East and Africa. The amount raised by the group — one of the major commercial and industrial-scale solar developers in a region — represents one of the largest venture […]
Africa has 310 GW renewable energy potential
The African continent’s renewable energies potential is estimated at 310 Giga-Watts (GW), an expert from the African Development Bank (AfDB) said on Tuesday in Dakar, Senegal. Hatem Fellah, Principal Agronomist at the AfDB made the statement during the opening of a sub-regional exchange meeting on domestic and renewable energies in the Sahel region. The meeting […]
Oil and Gas: African countries to raise $2 billion for energy projects
Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]
Africa Centre for Climate & Sustainable Development Opened in Rome
Italy’s Prime Minister Giuiseppe Conte cut the ribbon for the new ‘Africa Centre for Climate and Sustainable Development’ in Rome this Monday. This Centre will provide a fast-track, demand-driven mechanism for African countries to access grant resources that support policies, initiatives, and best practices on climate change, food security, access to water, clean energy, and […]
Moroccan Banks, Launchpad for Investments in Africa- Stratfor
Moroccan banks across Africa serve as a launchpad that will allow Moroccan and European businesses to expand in the continent, Stratfor, a US firm specializing in risk analysis, said in a recent report. The report shows that Morocco has become a key investor in Sub-Saharan Africa owing to the strength of its financial sector. “As […]
Tech start-up Andela raises $100m in USA for Africa operations
African-focused start-up Andela has raised $100m in a tour in United States, led by Al Gore’s Generation Investment Management. Andela, founded in 2013 to train African software developers and help them get hired by global companies, said it would use the most recent cash injection to expand the business and improve its internal data tools […]
Morocco underscores tenets of its independent foreign policy in Arab region
Morocco’s foreign policy towards the Arab world is independent and driven by the end goal of bringing Arab countries closer without any political parti-pris, Foreign Minister Nasser Bourita said. Morocco has adopted an impartial stand regarding the Gulf crisis, recalled the Moroccan minister in an interview with Aljazeera TV channel. He said Morocco endeavors to […]
Africa, Middle East & Turkey Wearable Devices Market Scores Strong Growth, IDC
Shipments of wearable devices in the Middle East, Turkey, and Africa (META) region reached 1.13 million units in the third quarter of 2018, according to the latest insights from International Data Corporation (IDC). The global technology research and consulting firm’s Worldwide Quarterly Wearable Device Tracker shows that shipments were up 77.6% on the corresponding period […]









