A changing energy system is posing “critical questions” for many of the world’s largest oil and gas producing countries, the International Energy Agency (IEA) says. The rise of shale gas and oil in the US, global improvements in energy efficiency, and the response to climate change are leading to “sustained pressure” on countries that rely heavily on […]

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When you day trade, you buy and sell stocks, commodities or currencies within the same trading day. This means that when you’re day trading, you’re attempting to make profit by leveraging large amounts of capital. This way, you have the ability to maximise and take advantage of small price movements. However, because you’re using leverage, […]

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Tanzania plans to import 400 megawatts (MW) of electricity from Ethiopia to power its industrial drive, Tanzanian President John Magufuli said on Friday. Despite reserves of over 57 trillion cubic feet (tcf) of natural gas, Tanzania faces chronic power shortages due its reliance on hydro-power dams in a drought-prone region, for about a third of […]

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The Honorable Minister of Infrastructure of Rwanda, James Musoni, officially launched on November 1, 2016, the SE4All Action Agenda, during the iPAD Rwanda Energy Infrastructure Forum that gathered international stakeholders, financiers, industry experts, and Government representatives. During his speech, the Minister highlighted the commitment of the Government to assure rapidly access to modern energy services […]

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The African Development Bank’s agenda for transforming Africa’s agriculture was lauded at the 5th KOAFEC Ministerial Conference held in Seoul, South Korea’s capital.The Bank recognises the potential of Africa to become a global powerhouse in food and agribusiness, lifting millions out of poverty. For this potential to be realized, the continent has to undergo an […]

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Korea’s exports to Africa represented just 1.5% of its total exports in 2015, while Africa’s exports to Korea accounted for only 1.2% of total imports. “A lot more can be done,” Akinwumi Adesina, President of the African Development Bank, told the gathering of business and government leaders. Noting that the bulk of imports from Africa […]

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Launched in 2012, the Menengai Geothermal Development Project seeks to develop a geothermal steam field meant to produce enough energy for 400 MW power generation facilities by the private sector and/or in partnership with Government. It aims at addressing Kenya’s increasing demand for power, at the same time diversifying sources of power supply by developing […]

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