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.