Tag: African development
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Africa Requires US$4.3 Billion Yearly Power Investment to Avert 2050 Crisis
Africa must urgently scale annual power investments to prevent a severe energy crisis by 2050, the Africa Finance Corporation (AFC) stated in its newly...
Afreximbank’s New President Faces Strategic Decision After Fitch Downgrade
The African Export–Import Bank (Afreximbank) confronts a critical strategic choice under its incoming president following a credit downgrade by Fitch Ratings.
The agency lowered Afreximbank...
Ghana’s Oil Future Hinges on Local Capacity Development
Ghana must prioritize local expertise and institutional development to ensure sustainable growth in its oil and gas sector, energy experts caution.
The warning comes as...
Ghana’s Oil Revenue Management Faces Scrutiny Amid Lack of Strategic Impact
Ghana has generated $2.7 billion from petroleum revenues since 2011, yet critics argue these funds have failed to deliver transformative development due to fragmented...
Gabonese President Honours Tony Elumelu for Championing African Development
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours - the Commander...
