Tag Archives: Finance

Africa: Ten Ways to Finance Energy in Africa

column By Caroline Kende-Robb Can we stave off catastrophic climate change while building the energy systems needed to power growth, create jobs and lift millions of people out of poverty? That’s a crucial question for Africa. No region has done less to contribute to the climate crisis, but no region will pay a higher price […]

Mozambique: IDB to Finance Northern Electricity Line

Maputo — The Islamic Development Bank (IDB) on Thursday formalized funding of 200 million US dollars to build an electricity transmission line from the Chimuara substation, on the north bank of the Zambezi river to the northern Mozambican port of Nacala. The agreement was signed by the Minister of Economy and Finance, Adriano Maleiane, and […]

Nigeria: Subsidy Must Go – Finance Commissioners, NECA

Commissioners for Finance from the 36 states of the federation rose from their monthly Federation Accounts Allocation Committee, FAAC, meeting in Abuja, yesterday, insisting that petroleum products subsidy must be removed. While their position was consistent with that of the Nigerian National Petroleum Corporation, NNPC, it sharply contradicted the thinking of the Nigerian Senate, which […]

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