State explains why disposal of strategic corporations is necessary to free up funds for reinvestment
The government’s plan to offload 15 per cent of its stake in Safaricom to South Africa’s Vodacom for approximately Ksh204.3 billion ($1.583 billion) is in progress, but it has faced opposition from among others Kiharu Member of Parliament Ndindi Nyoro, who claims the shares have been grossly undervalued.
Emerging economies hold future for clean-energy: Africa has world’s greatest solar potential but receives least investment
To unlock the scale of private investment needed, we must start by defining what good looks like. That means equipping countries, particularly in the Global South, with clear, actionable best practices for energy investment planning.
Kenya plans 60,000mw nuclear power, enough to meet current needs of all eight EAC countries
Currently Kenya produces 3,400 megawatts, Tanzania 3,091.71 megawatts, Uganda 2,048 megawatts, Rwanda 277 megawatts, Burundi 34 megawatts and Democratic Republic of the Congo 13,625 gigawatts. South Sudan’s capacity is indeterminate.
Africa grapples with $100 billion infrastructure financing gap as AU meets in Angola to discuss $1.3 trillion for electricity
The African Union Development Agency-NEPAD is the technical body of the African Union. The mandate of AUDA-NEPAD is to facilitate and coordinate the implementation of regional and continental priority programmes and projects and to push for partnerships, resource mobilisation, and research and knowledge management. Through AUDA-NEPAD, African countries are provided unique opportunities to take full control of their development agenda, to work more closely together and to cooperate more effectively with international partners.
