First Independent Mena Newspaper
The Democratic Republic of Congo’s ambitious Grand Inga Dam project, potentially Africa’s largest hydropower initiative, has entered crucial funding discussions with international financial institutions. The proposed 80-billion-dollar development promises to generate 44,000 megawatts, potentially powering much of the African continent. The project envisions six additional hydropower stations complementing two existing facilities near western DRC’s waterfall […]
A high-level meeting in Cameroon’s capital Yaounde has failed to reach a consensus on merging three central African economic blocs, the official reason being that the process would take longer than the leaders had expected. Analysts have long argued that breaking down economic barriers among member countries of the Central African Economic and Monetary Community […]
Chad’s capital N’djamena is hosting, this November 8 to 10, the third regional energy gathering known as Central Africa Business Energy Forum (CABEF). The event is held under the theme: “Capitalize on energy infrastructure investment opportunities in Central Africa and ensure energy security in the sub-region through public-private partnerships.” The forum aims to unite Central […]
With more than 60% of Central Africa’s population having no access to electricity, the ambitious Central African Pipeline System (CAPS) project aims to change that with a network of pipelines, refineries and gas-fired power plants stretching across 11 countries in the region. However, the proposal by the Central Africa Business Energy Forum to build 6,500 […]
Central African countries have signed an agreement to create a regional oil and gas pipeline network and hub infrastructures which proponents say will strengthen energy supply and reduce dependence on imports of refined products. The deal, inked on Thursday (8 September), aims to construct three multinational oil and gas pipeline systems of around 6,500 km, […]
The momentum of the economic crisis in Central Africa has changed in 2019, raising flags of the International Monetary Fund (IMF). The Washington based lender last week completed discussions with the Central African Economic and Monetary Community (CEMAC). The talks focused on common policies in support of the reform programs of CEMAC member countries. In […]