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Opinion
- Asking developing nations to ignore natural gas in the energy transition plan is essentially requesting that they ignore half their power capacity.
- Currently, far too many people in Africa can’t buy milk from a refrigerated grocery aisle, do schoolwork after sunset, or get an X-ray at their local hospital.
- Many Western states supplement their grids with wind or solar but ultimately rely on natural gas, oil, or coal.
Western leaders often urge African nations to make a rapid transition from fossil fuels to renewable energy sources. They seem to think that African nations can switch to renewable power sources fairly easily if a good energy infrastructure is already in place.
But this is not the case in Africa, where roughly half of the population lacks access to electricity. Far too many of our people can’t buy milk from a refrigerated grocery aisle, do schoolwork after sunset, or get an X-ray …
- The 2009 Copenhagen Accord was not a binding promise but set up a durable framework for future talks.
- One of these solutions is for African countries to use crude oil, natural gas, and other hydrocarbons to develop their resources and use the revenues to finance energy transition.
- In the process, they should also seek to meet several other complementary goals, such as building gas-fired plants that can provide cleaner power than existing coal.
From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of the energy transition as their higher-income counterparts.
That recognition was spelt out in the section of the Copenhagen Accord that included a pledge from the world’s highly developed states to …
- The Russian invasion of Ukraine has proved highly disruptive to world energy markets.
- There is still a distance between Africa and the rest of the world in terms of what the continent can do to establish closer ties to energy markets in Europe and elsewhere.
- Now is the time to offer tax incentives, fast-track projects, show more transparency in processes, and do everything possible to minimize investor risk.
It’s undeniable that the Russian invasion of Ukraine proved highly disruptive to world energy markets. This geopolitical clash led to the imposition of Western sanctions on the export of Russian oil and fuel and the imposition of a price cap on Russian crude by the G7 group.
It also led to the redirection of world oil trade flows. Asian countries such as China and India, for example, began absorbing considerably more Russian oil and fuel than they had done previously, and many …
- For businesses, adopting circular economy principles means less cost in hauling waste to dump sites.
- Circular economy means gaining new sources of revenue from selling by-products in manufacturing and using less energy.
- While circular economy concepts make intuitive sense to most investors, the opportunities have yet to be fully explored.
According to a new academic study published in the Frontiers in Sustainability, there are five areas of opportunities where businesses and investors can uncover wealth-building opportunities while improving the environment.
This study “Toward a preliminary research agenda for circular economy adoption in Africa”, by lead author Elke Nijman-Ross, reviewed 275 publications and analyzed the survey results of 38 circular economy experts to uncover the consensus for identified opportunities for further exploration of the circular economy in African countries including Kenya, Rwanda, Tanzania, Ethiopia, Uganda, DRC and Mozambique in East Africa.
The concept of a circular economy, described by …
- Initiated by UNECA, the Trans-African Highway project aims to integrate the continent through an expansive road system.
- Despite political obstacles, renewed momentum from the African Continental Free Trade Agreement (AfCFTA) is rejuvenating this grand vision.
- With gradual removal of barriers to internal trade, Africa stands on the brink of a historic opportunity to enhance trade, tourism, and growth.
The Trans-African Highway network, a bold blueprint conceived to foster economic integration on the African continent, has been a captivating vision since its inception in 1971. Initiated by the United Nations Economic Commission for Africa (UNECA), the project aims to integrate the continent through an expansive road network.
Despite political obstacles and inconsistent collaboration between countries, renewed momentum from the African Continental Free Trade Agreement (AfCFTA) is rejuvenating this grand vision. In recent years, the UNECA, the African Union (AU), and the African Development Bank (AfDB) have worked jointly to …
- For Africa, 2023 looks set to become a year of solid recovery and tourism could play a big role in unlocking Africa’s potential.
- The roll-out of the African Continental Free Trade Area (AfCFTA) is expected to boost business travel within the continent.
- Unfortunately, the high costs of flights within and to Africa are posing a significant barrier to unlocking the continent’s tourism and trade potential.
Nairobi — Tourism in Africa has a promising future, and 2023 looks set to become a year of solid recovery. A recent report from the African Travel and Tourism Association (ATTA) shows high levels of optimism among respondents, with 82 per cent positive about the short-term outlook and 90 per cent in the long term. With tourism rebounding sharply after Covid-19 and the African Continental Free Trade Area (AfCFTA) expected to boost business travel within the continent, the optimism might be …
- The long-term effects of Covid-19 and the climate crisis are felt more acutely in Africa than elsewhere.
- Africa’s additional financing needs resulting from the pandemic will amount to $285 billion over the four years ending 2025.
- Sub-Saharan Africa endured a recession in 2020 for the first time in 25 years.
NEW YORK – Africa bears virtually no responsibility for the greenhouse-gas emissions driving the climate crisis. It is not responsible for the conflicts or supply-chain disruptions that have driven global inflation. Nor did it trigger the spread of COVID-19, let alone cause the pandemic’s economic fallout. And yet the long-term effects of this trio of crises linger perhaps more acutely in Africa than elsewhere.
Africa grappling with anemic economic growth
The International Monetary Fund has estimated that Africa’s additional financing needs resulting from the pandemic will amount to $285 billion over the four years ending in 2025. But inflation, exchange-rate …
- As temperatures keep rising and emissions soar, the planet, too, continues to break (dangerous) new records.
- Climate change is a shared problem that the global community must solve by working together.
- With a strong partnership between Africa, Europe, and the rest of the international community, Kenya, can make significant contributions to the global transition to a net-zero economy.
NAIROBI – Last year in Berlin, the great Kenyan long-distance runner Eliud Kipchoge broke the world marathon record, clocking 02:01:09 and beating his previous time by 30 seconds. His success has made him a legend not only in Kenya but globally. It offers a useful lesson for everyone involved in the fight against climate change. Kipchoge’s winning strategy is rooted in the science of running (as well as 120 miles of hard work every week), and our own approach to the climate crisis must involve the same level of commitment and …
