Off-grid solar will transform business in Nigeria

28-Aug-2017

Access to power is a major constraint for Nigeria’s SMEs, and thousands are now using the Lumos Mobile Electricity service, which provides customers with reliable, clean, affordable solar electricity The people behind one of the fastest growing...

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Power Africa Partners U.S. African Development Foundation and GE Announce Women in Energy Challenge Winners in Uganda

28-Aug-2017

Joint Energy and Environments Projects (JEEP) and Conservation and Development Uganda Limited (CODE) will each be awarded a grant of $100,000 to expand their renewable energy enterprises to reach women beneficiaries. The U.S. African Development...

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Absa Bank Ltd & China Development Bank conclude a $100 mn agreement

28-Aug-2017

This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises (SME) Absa Bank Limited, a subsidiary of the Barclays Africa Group (BAGL), has successfully concluded a five year $100...

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Zambia parliament approves 'enhanced security measures'

14-Jul-2017

Zambia's parliament has approved enhanced measures for security services for a 90-day period in a decree by President Edgar Lungu, a move critics say is an effort to tighten his grip on power. Opposition legislators boycotted the vote on Tuesday, leaving...

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Ray Phiri: South Africa’s Graceland star dies

13-Jul-2017

The guitarist, producer and vocalist rose to fame when he featured on Paul Simon's Graceland album in 1986. He was admitted to hospital two weeks ago and died in the early hours of Wednesday morning. Family spokesperson Paul Nkanyane says he was...

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Egypt hikes electricity prices by up to 42 percent

07-Jul-2017

The hike, which takes effect this month, follows hikes in fuel prices by up to 50 percent. Electricity Minister Mohamed Shaker announced the hikes on Thursday saying it is the first of the phase-out plan which has been extended to 2021-2022. “We...

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DR Congo skips independence parade amid security fears

30-Jun-2017

Democratic Republic of Congo will not hold its annual independence day military parade on Friday because of security concerns, an adviser to President Joseph Kabila said. Congo's independence day parades, held each of the last three years, are usually...

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AfDB President Akinwumi Adesina wins $250,000 World Food Prize

27-Jun-2017

He is the fifth African to win the international honours that recognizes individuals who have advanced human development by improving the quality, quantity or availability of food in the world. Adesina takes home the $250,000 award for his roles over the...

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Egyptian strawberries’ imports banned by Saudi Arabia

19-Jun-2017

Saudi Arabia is banning imports of Egyptian strawberries due to pesticide residues, said Abdel Hamid al-Demerdash, the head of Egypt's Agriculture Export Council, the latest such ban to hit Egypt as it struggles to revive its economy. The temporary ban...

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Qatar withdraws troops from Djibouti-Eritrea border mission

15-Jun-2017

Qatar has withdrawn its troops from the border between Djibouti and Eritrea, where the Gulf state has been acting as mediator in a border dispute, the Qatari Foreign Ministry said on Wednesday. It did not give reason for the withdrawal but the move comes...

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