Browsing: Togo

Bboxx Power solar panel installation

Rwanda-based Bboxx eyes generating $100M worth of carbon credits in Africa

Investing
  • With its multiple technologies, Bboxx is trailblazing in the green energy space, scaling its operations across Africa and projecting to offset over 20 million tonnes of CO2.
  • Bboxx has been awarded Gold Standard certification for carbon credit programs based on solar home systems, clean cooking alternatives, and solar-powered water pumps.
  • Implementing carbon programs allows Bboxx to accelerate market growth potential by reaching over 4 million customers in five African countries.

Rwanda-based Bboxx plans to offset over 20 million tonnes of carbon and generate $100 million worth of carbon credits through clean energy projects in Africa.

In this initiative, Bboxx projects to positively impact the lives of over four million customers across Rwanda, Kenya, Nigeria, Togo, and the Democratic Republic of Congo (DRC).

These revelations follow Bboxx’s recognition with the Gold Standard certification for its continued rollout of clean energy projects in five African countries. This certification marks a vital moment …

Agriculture driving Côte d’Ivoire’s economy

West African Economic and Monetary Union growth projections

Regional Markets

According to the Central Bank of West African States (BCEAO), growth should accelerate in the WAEMU economic region in the medium term. The increased production in the tertiary and secondary sectors remains crucial. These sectors should benefit from controlling the current health crisis in the Union and the continued implementation of the NDPs.

Growth in the Union is expected to drop from 6 per cent in 2021 to 5.9 per cent in 2022 before settling at 7.2 per cent in 2023. The contribution to growth from the tertiary sector should stand at 3.5 per cent in 2023, up by 0.3 points compared to 2022. The contribution of the secondary sector should grow by 0.9 points between the two years to settle at 2.6 per cent in 2023.…

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President Kagame addresses the official opening of the CHOGM 2022

Sectors to reap most from CHOGM 2022 summit

Africa
  • In renewing the commitments to end Malaria and Neglected Tropical Diseases (NTDs) by 2030, Commonwealth heads pledged over $4 billion
  • Heads recognised that global financial support to halt and reverse biodiversity loss in the ocean and on land remains insufficient
  • Dedicating a ‘living land’ in respective countries would reinforce commitment to keep the rise in global average temperature below 2 degrees Celsius above pre-industrial levels

The week-long Rwanda-hosted Commonwealth Wealth Heads of Government Meeting 2022 (CHOGM) came to a close in Kigali on June 25, 2022.

The summit which is held every two years – last held in 2018 in the UK due to the pandemic – was themed “Delivering a Common Future: Connecting, Innovating and Transforming”, the first post COVID-19.

The summit was attended by over 50 heads of government and joined by business, philanthropy, royal and civil society leaders to reaffirm shared values and agree on actions

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Gabon and Togo admitted into Commonwealth group of nations

Zimbabwe’s readmission into the Commonwealth flops

Countries

Commonwealth along racial lines, but the body managed to forge a compromise at its Nigeria summit, appointing a seven-nation panel to monitor Zimbabwe’s progress towards improved democratic values.

President Emmerson Mnangagwa’s government applied on May 15, 2018, to re-join the grouping, a year after toppling Mugabe through a military coup.

According to an article by the Independent dated June 17, 2022, Scotland subsequently deployed a Commonwealth team led by Ghana’s former president John Dramani Mahama to observe Zimbabwe’s 2018 elections.…

Africa Price for Engineering Innovation entrepreneurs. www.theexchange.africa

Africa’s best innovators snap top engineering prize

Tech & Business

The programme will facilitate access to the Royal Academy’s global network of experienced, high-profile and business experts, in addition to access to the alumni network upon completion of the programme.

Moreover, 2022 is the programme’s second consecutive year to render a digital experience, with rigorous support provided through person-to-person and group discussions.

Four finalists will pitch their revised and improved innovations and business plans to the judges in the presence of a live audience.…