Friday, January 24

Opinion

Green Energy
  • North Africa already has the requisite abundant natural resources and developing infrastructure to support a massive expansion in green hydrogen production.
  • The region boasts some of the highest solar irradiation levels globally, making it an ideal location for solar-powered hydrogen production.
  • Countries like Morocco and Egypt have already initiated projects like the Noor Ouarzazate Solar Thermal Complex and the Benban Solar Complex, respectively, which could serve as the backbone for the industry.

While much of our attention at the African Energy Chamber (AEC) concentrates on efforts to industrialize the sub-Saharan regions, as covered in our recently released 2025 Outlook Report, The State of African Energy, the more developed North African nations have seen recent progress in the renewables field, in green hydrogen specifically, that deserves our recognition.

Many are likely unfamiliar with the technology behind the production of this fuel source, and the subject requires at least a brief explanation.…

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energy access in Africa
  • At the current pace of electrification amid rising population, the number of people without electricity in Africa will remain unchanged unless bold action is rolled out.
  • In response to this urgent need, the AfDB Group, the World Bank, and other partners have launched Mission 300, a plan that aims to provide electricity access to 300 million Africans by 2030.
  • The plan focuses on accelerating electrification through a mix of grid extensions and distributed renewable energy solutions, such as mini-grids and stand-alone solar home systems.

Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and sustainable electricity. As we prepare for the Africa Energy Summit, taking place on January 27-28, 2025, in Dar es Salaam, Tanzania, the urgency of addressing Africa’s energy needs cannot be overstated.

Without …

Decentralized power generation
  • Decentralized power generation—typically based on solar home systems and mini-grids—is the best bet to eradicate energy poverty among people in more isolated rural areas.
  • By decentralizing power generation, Africa can secure a sustainable energy future and improve the lives of millions of people.
  • Standalone power systems or localized power networks (otherwise known as “mini-grids”) have become efficient means of power that utilize solar in combination with battery storage and backup generators.

Think about a time when your electricity went out. As you sat in the dark, maybe you wondered how long it would be before you could power up your computer again. Or perhaps you considered what you could make for dinner that didn’t require cooking.

Many people in Africa don’t need to imagine such a scenario — they live it. Every day.

A large portion of the continent, primarily in sub-Saharan Africa, lacks access to reliable and affordable electricity. …

macron ramaposa theexchange.africa

By Emmanuel Macron, Paul Kagame, Cyril Ramaphosa, and Macky Sall

PARIS – The COVID-19 pandemic has taught us that we can no longer treat seemingly faraway crises as distant problems. What happens anywhere can affect people everywhere. That is why addressing the impact and legacy of the pandemic in Africa is so important.

Although Africa has suffered fewer COVID-19 cases and deaths than other areas of the world, the pandemic’s impact on the continent could be more sustained, deep-rooted, and destabilizing for the entire planet. In one year, the pandemic has halted a quarter-century of steady economic growth, disrupted value chains, and caused an unprecedented increase in inequality and poverty.

But it is not only Africa that is at risk of losing its opportunity to emerge fully from COVID-19. The global economy could lose one of its future drivers of growth.

Africa has everything required to overcome the pandemic crisis …

In the months surrounding the birth of our own republic, from 1961 to 1963, a crucial, international organisation was also being born, to assure food safety across the globe. 

As a partnership between the Food and Agriculture Organisation of the United Nations and the World Health Organisation, the Codex Alimentarius Commission produces the Codex Alimentarius, which is Latin for the ‘Book of Food’. It contains internationally recognised guidelines, standards, codes of practice and recommendations on food safety, with just two goals: to ensure the health of consumers and fair trade in food. 

Yet, today, both are under threat. 

Over the 60 years since the Codex was launched, the commission has been led by the world’s top scientists, drawing on every global study to set food safety standards that include assessing pesticides for their impact on human health. To do that, Codex sets Maximum

The review period has been salient with fresh 52-week low levels hit by some of the listed counters. Centum’s profitwarning announcement (expecting a dip in profit in its earnings by more than 25% on a yearly comparison) at the tail end of 1Q21 triggered a negative momentum on the counter in the subsequent twomonth period.

This resulted in the counter touching a fresh low of KES14.40. Standard Group touched a new low of KES15.55 in early May, attributed to the negative knock from its FY20 earnings release. The media company had reported a KES301.6Mn loss during the last calendar year. Limuru Tea also fell to a new low of KES340. That said, activity on this agriculture stock has been thin with only 100 shares (minimum) trading in the review period.  

Bamburi Cement recorded a higher-than-expected FY20 EPS (Earnings per Share) of KES2.89. This partly enabled

According to Wikipedia, regulation means the management of complex systems according to a set of rules and trends. Industry regulations aim at bringing order by laying down a set of rules to be followed by all, rules aimed at harmonizing all the players together without favoring one over the other. 

insurance- maritime.org

There has been a lot of concern why the insurance industry in Kenya is not growing, and in fact has been declining over the years—a situation that has led the government to come up with a National Draft Policy aimed at filling in the gaps and strengthening the sector. A situational analysis in the draft policy identifies various gaps and challenges the industry faces. These include limited access to insurance, low levels of insurance awareness and financial literacy, poor public perception and lack of trust in the industry, poor management of policies and claims processes, limited products, fraud, low usage

I love football. And I love clever, secure, creative, impactful investment. The fact that most of what we find, and I personally invest in, has a meaningful and measurable impact on those who need a hand-up, and not a hand-out, is a constant source of joy to me.  

Having followed football and my English team for more than 45 years I have been saddened to see the adverse effect that money has had on football – and the detrimental effect that money has had on the beautiful game at the lower levels and in leagues outside of Europe. But it is the huge amount of money that now washes through football that is offering me the chance to help to create soccer academies in East Africa – allowing young and talented African footballers to transform their lives and the lives of their families and communities; and investors to make very

African airlines

The business model for airlines has been fundamentally flawed for decades but the last 20 years or so have been particularly challenging.

Growing competitiveness, a roller coaster of fuel prices, labor unions, and especially the phenomenon of low-cost carriers have made it all the more difficult to reach positive earnings pretty much in every route.

With a number of countries sporting continental distances, Africa has been an exciting promise for air carriers, but not without its challenges. Poor infrastructure and the high cost of maintenance and logistics have plagued the development of an effective air grid in the continent. Nevertheless, a great opportunity remains.

At the beginning of the last decade, South African Airways was a dominant force, carrying some 9 million passengers yearly while Kenya Airways and Ethiopian Airlines combined were just shy of 6 million yearly passengers. However, poor management choices combined with borderline irresponsible behavior from …

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