Oil and gas: ‘Everything favours Africa now’
The current geopolitical turmoil has put global supply of oil and gas under pressure, but it has also created an opportunity for Africa to develop its vast resources, establish itself as an alternative supplier, and become a net exporter.
Zimbabwe’s policy reforms draw investors into renewable energy
Tax incentives, net metering and other policy reforms are making Zimbabwe’s renewable energy sector increasingly attractive to investors, as the government steps up efforts to expand clean power generation and improve electricity security.
29 African currencies knocked down by Middle East war: AU,AfDB
At least 29 African currencies have weakened, according to a joint assessment by the African Union and the African Development Bank, amplifying the cost of servicing external debt and importing essential commodities such as food, fuel, and fertiliser.
Zim govt backs ZETDC-Vungu Solar project
The intervention follows the signing in January of a 25-year Power Purchase Agreement (PPA) between Vungu Solar and ZETDC, a deal that secures a long-term buyer for the electricity generated and provides predictable revenue streams for financiers.