Browsing: energy transition

Africa’s low electricity access stresses the need to double more than the efforts to meet SGD 7.1 by 2030. In…

There is a Climate Funding gap of 40 billion dollars in blue carbon, yet no Kenyan firms are undertaking it.…

The reward for fixing the carbon credit trade could be enormous, especially for Africa’s energy transition. The $2 billion global…

Global oil and gas producers have remained under immense pressure to show more goodwill in the energy transition agenda. As…

Around 200 countries have agreed on how to run the Climate Loss and Damage Fund to help vulnerable nations address…

The ACG financing will support sustainability in Africa initiatives such as energy security and transition. It will also support regional…

Africa’s nuclear energy sector has undergone quite a transformation, with multiple governments moving past traditional energy sources to new, greener, and more sustainable ones. Nuclear energy has been a hot topic for most governments, with countries such as South Africa and Uganda releasing project plans for nuclear power plants. In recent news, Tanzania shocked the globe by revealing its nuclear energy plans at the Second Russia-Africa Summit. With these new developments, Tanzania has cast the die stating its intent to outpace its peers and dominate the upcoming era of technology.

In recent years, Africa has emerged as a promising destination for global investment, with its vast natural resources, expanding consumer markets, and growing middle class. As the continent’s economies continue to strengthen and diversify, global players increasingly recognise the potential for mutually beneficial partnerships. The United States has significantly contributed to Africa’s economic transformation among these partners.