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Browsing: natural resources of africa
- Applicants must be under 35 years of age and pursuing undergraduate or postgraduate studies in energy-related fields.
- In addition to the scholarship, recipients will get substantial financial support ranging from US$5,000 to US$10,000
- Africa’s energy industry promises to bring tremendous prospects for economic expansion and environmental sustainability.
Students across Africa studyng oil, gas and energy-related studies can now access financial boost from the AEC African Energy Education Fund. The annual initiative will provide assistance to aspiring young individuals from across Africa, who are pursuing undergraduate studies.
At the moment, Africa is experiencing remarkable progress in the realms of gas and renewable energy. The industry promises to bring tremendous prospects for economic expansion and environmental sustainability.
AEC African Energy Education Fund targets students
The scholarship fund acknowledges the significance of seizing these opportunities and empowering the upcoming generation with the requisite expertise.
AEC African Energy Education Fund will be extending
- Ongoing wars in Africa are bleeding billions from poor economies as investors flee the region.
- Sudan army is spending about $1.5 million per day fighting the Rapid Support Forces.
- IMF says Ethiopia’s GDP contracted from 9 percent in 2019 to 6.1 percent in 2020 as Tigray war intensified.
Wars in Africa are costing an arm and a leg, and throwing an awful wrench on poor economies that are hardly providing the bare minimum to their citizens. Take for instance the latest ongoing war in Sudan. Sudan Tribune notes that it is costing roughly $1.5 million every day for the Sudanese army to fight the Rapid Support Forces (RSF).
For Sudan, a country whose poverty rate rose from 64.6 percent in 2021 to 66.1 percent last year, $1.5 million is a huge sum of money to be wasted on senseless fighting.
Wars in Africa yielding economic crisis
Sudan is one of …