Tag: infrastructure

To Finance its Energy Transition and Industrialization, Africa needs to Think Local

Download logoAs global markets think of the post-Covid-19 world and how the pandemic will reshape business models worldwide, African countries are coming to terms with a bitter reality: the continent has still not entered the Fourth Industrial Revolution and is heading towards its first recession in 25 years. While the impact of the pandemic on African economies is expected to be lesser than in Europe or North America, it still puts to the forefront the continent’s overdependence on key

Zimbabwe: African Development Bank approves $13.7 million to strengthen health system, boost anti-COVID-19 efforts

Download logoThe Board of Directors of the African Development Bank (www.AfDB.org) has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. The funds will provide an immediate lifeline for targeted frontline responders and health personnel and boost the country’s Global Health Security Index in the wake of the novel coronavirus pandemic. Approval for the grant was made on May 13, after a request from the Zimbabwe Government. The funds, from the African Developm

Coronavirus – Libya: Second hospital attack in four days puts Libya’s COVID-19 response further at risk, warns IRC

Download logoA spate of recent attacks on hospitals, ports and airports in Libya are further weakening the country’s already fragile ability to fight the COVID-19 pandemic, warns the IRC. As Tripoli was hit by shelling once again this morning, the city’s Central Hospital was damaged by shrapnel and 14 civilians were injured in similar attacks that impacted residential areas of the city. Tripoli Central Hospital is one of the city’s largest - and is key to the country’s

COVID-19 response must target African agriculture and the rural poor (by Olusegun Obasanjo and Hailemariam Desalegn Boshe)

By Olusegun Obasanjo, former President of the Federal Republic of Nigeria and Hailemariam Desalegn Boshe, former Prime Minister of the Federal Democratic Republic of Ethiopia Africa has so far escaped the worst health consequences of the COVID-19 pandemic. However, the continent looks like it could be the worst hit from the economic fallout of the crisis: 80 million Africans could be pushed into extreme poverty if action is not taken. And disruptions in food systems raise the prospect of more

2Africa: A transformative subsea cable for future internet connectivity in Africa announced by global and African partners

China Mobile International, Facebook (www.Facebook.com), MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC announced today that they will partner to build 2Africa, which will be the most comprehensive subsea cable to serve the African continent and Middle East region. The parties have appointed Alcatel Submarine Networks (“ASN”) to build the cable in a fully funded project which will greatly enhance connectivity across Africa and the Middle East. At 37,000km long,

New Gas Master Plan to boost Africa’s First Offshore Gas Mega Hub in the Gulf of Guinea

Equatorial Guinea continues to lead the development of natural gas production and monetization in the Gulf of Guinea, with the award of a new contract for a new Gas Master Plan to support the ongoing development of its offshore Gas Mega Hub. In collaboration with Marathon Oil Corp and EG LNG, the Ministry of Mines and Hydrocarbons (MMH) awarded a contract for the development of a Gas Master Plan to British company Gas Strategies on Tuesday. The work is part of the development of Equatorial Gu

Equatorial Guinea awards Contract to American Company Nexant for Methanol-to-Derivatives Plant

The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea, in collaboration with the Atlantic Methanol Production Company (AMPCO), awarded American company Nexant the feasibility study for the construction of a new formaldehyde production plant in Punta Europa. The project is part of the Year of Investment and was previously agreed during a meeting last January between H.E. President Teodoro Obiang Nguema Mbasogo, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Mar

Coronavirus – Sierra Leone: Learning from the Ebola Outbreak to Fight COVID-19 in International Organization for Migration (IOM) Sierra Leone

With more than 14,000 Ebola cases and nearly 4,000 deaths, Sierra Leone was one of the hardest hit countries by the 2014 – 2016 outbreak. Ebola overwhelmed the country’s fragile public health system, which was still rebuilding after a brutal civil war, and struggling to meet demands for additional healthcare practitioners. Now Sierra Leone faces COVID-19. As of 7 May, there were 225 confirmed cases and 14 deaths related to COVID-19 in the country.  These numbers, actually, a
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