Accessible, reliable and affordable energy is the cornerstone of transformational socio-economic development. For Africa, delivering sustainable development is dependent on meeting the continent’s energy needs in order to lift populations out of poverty, catalyze industrialization, and stimulate economic growth. Despite the continent’s abundant energy resources, energy poverty is still rife in the continent with close […]
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc in oil exporting economies and on their national currencies.
After eight years of planning, funds have become available for the planned 310 megawatt (MW) Lake Turkana wind farm project estimated to cost $775 million – the largest private investment in Kenya’s history.