Video guest: Josephine Mwangi

March 2018
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Sunday, 18 March 2018

In West Africa, TRANSCO Energy Company announced that preparations to develop the West Africa energy network project is expected to commence soon in Sierra Leone. During a media briefing, TRANSCO Energy finance and administrative manager of TRANSCO Jigba Yillah explained that plans are now in place and very soon the West Africa Power Pool network and distribution energy network project will take-off. (…) Once the energy ministry has reviewed the draft reports for the energy network, proper bids will be presented by the chosen contractors who will be tasked with the implementation of the four lot segment energy projects: two lots in Sierra Leone and two in Liberia. Four donor partners including the World Bank, African Development Bank, European Investment Bank and German Export Bank (KFW) are funding the energy project.

Wednesday, 17 February 2016

Germany is to assist Ghana to develop a strong renewable energy and agricultural sector as part of its contributions to the development of the country. The German Ambassador to Ghana, John Rudiger, announced this in Kumasi when he paid a courtesy call on the Vice Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST), Prof. William Otoo-Ellis, last Thursday. The meeting was to develop new partnership agreements in the areas of science and technology. Mr Rudiger did not however give details of the assistance to Ghana but said it would help reshape the energy sector and promote agriculture.

Monday, 01 February 2016

Sweden and the United Kingdom have raised $67 million towards Tanzania's rural electrification programme. 'The main objective of the financing programme is to increase access to modern energy services in rural areas of mainland Tanzania for sustainable social economic development and poverty alleviation,' the official statement read sin part. Sweden through the Swedish International Development Agency (Sida) together with the UK government through the Department for International Development (DfID) last week entered into an agreement in which they would finance Tanzania a total of $67,727,272 (Tsh.241 billion) for energy development.

Tuesday, 26 January 2016

The EU member states that will hold the next three Presidencies of the EU Council (known collectively as the Trio Presidency) have drawn up an 18-month agenda to ensure that, in addition to the immediate challenges the EU is facing, other important issues will receive the necessary attention and commitment. It is clear that the challenge of migration and refugees will remain high on the agenda for the Dutch, Slovak and Maltese Presidencies, which will cover the period from January 2016 to June 2017. As the December European Council underlined, steps to strengthen the EU’s external borders will be a top priority.

Monday, 11 January 2016

A €100m programme to help bring renewable energy to poor people in East Africa achieved some notable successes but still needs better supervision, according to a new report from the European Court of Auditors. The auditors found that the European Commission had made some good selections among the projects proposed, but failed to monitor progress closely enough. Between 2006 and 2013, the ACP–EU Energy Facility was allocated €475 million of European Development Funds, mostly for grants to projects in sub-Saharan Africa. The main objective was to promote access to modern energy for poor people in rural areas and on the outskirts of towns, where energy for cooking remains largely based on firewood or charcoal.

Tuesday, 08 December 2015

Samoa Renewable Energy Development and Power Sector Rehabilitation Project will receive additional combined co-financing of USD 7.55 million (EUR 7.04m) for the 680-kW Fuluasou small hydropower plant (HPP) on Upolu Island. The financing facility includes a USD-5.06-million and USD-2.49-million equivalent grants from the European Union (EU) and the Government of New Zealand, respectively. While the Asian Development Bank (ADB) will administer both grants, the Government of Samoa will also provide USD 1.21 million in counterpart support, the former said in a statement on Friday.

Monday, 23 November 2015

EU Commissioner Phil Hogan, responsible for Agriculture delivered the keynote speech at the Bioeconomy Forum in Brussels, which addresses the need to strengthen the transition from a fossil-based to a bio-based economy in Europe. The Commission is already leading global role in sustainably managing and exploiting biological resources but moving forward requires mobilising further investments. It was recognized that this means strengthening Europe's research and innovation capacity and increase public private investments.

Tuesday, 10 November 2015

The United Kingdom’s Department for International Development (DFID) is increasing its support for the development of green energy in the Eastern Caribbean. DFID has announced an agreement to contribute around $3.9 million USD to the Caribbean Development Bank’s Sustainable Energy for the Eastern Caribbean initiative. The program provides financing designed to advance sustainable energy solutions in Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, St Lucia and St Vincent and the Grenadines.

Wednesday, 21 October 2015

This article states that the export-oriented German economy should consider alternative markets in Africa. Increased investments are needed for infrastructure, energy and in turn, this could enhance integration into efficient Global Value Chains (GVC). In light of the Euro Zone problems, the crisis in emerging markets, and the Chinese economic downturn, investment in Africa offers many opportunities. Indeed, recently the German Engineering Federation Association (VDMA) emphasized that Africa is awakening “from its slumber”. Moreover, out of the ten fastest growing economies in the world currently six come from Africa.

Tuesday, 29 September 2015

The European Commission has approved under the EU Merger Regulation the creation of a joint venture by Barloworld Handling Limited of the United Kingdom and BayWa Aktiengesellschaft of Germany.  Barloworld Handling belongs to the South African Barloword group which produces earthmoving, power systems, materials handling and agricultural equipment, automotive and logistics services. BayWa is a German group active in agriculture, building materials and energy. The joint venture will distribute agricultural machinery and parts and provide related services in Zambia at first, and may become active in other Sub-Saharan areas.