Business Emerging Markets Features Headlines

As Africa’s debt crisis threatens progress, experts urge bold, homegrown solutions

Africa’s mounting debt burden — now standing at 64.3% of the continent’s GDP — is choking vital investments in health, education, and infrastructure, warns the United Nations Economic Commission for Africa (UNECA). Speaking at a recent Africa Regional Forum on Sustainable Development, UNECA executive secretary Claver Gatete painted a sobering picture: out of 144 Sustainable […]

Business Energy Finance Headlines Tunisia

Tunisia to benefit from AfDB program to promote investment in decentralized renewable energy

Tunisia will benefit from the African Development Bank’s (AfDB) Leveraging Energy Access Finance Framework (LEAF) program to promote investment in decentralized renewable energy backed by the Green Climate Fund. With a commitment of $164 million, the Abidjan-based bank will help scale up decentralized renewable energy (solar home systems, green mini-grids, and solar solutions for commercial […]