Africa Matters

IFC’s $14.2bn Investment in Africa: A Strategic Move for Economic Stability

Edson Baraukwa | Africa Guardian The International Finance Corporation (IFC) has committed a historic $14.2 billion in investments across Africa in the 2024 fiscal year, marking a 23% increase from the previous year. This record investment is aimed at boosting growth in critical sectors such as clean energy, manufacturing, digital connectivity, agriculture, small businesses, and trade, with a particular…

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ECOWAS Targets 0.5 Million Tonnes of Green Hydrogen Production in West Africa by 2030

By Charles Muchoki | Africa Guardian The Economic Community of West African States (ECOWAS) has set an ambitious goal to produce 0.5 million tonnes of green hydrogen annually by 2030, driven by a strong focus on expanding renewable energy infrastructure across the region. This initiative is part of ECOWAS’s broader commitment to advancing the region’s renewable energy capabilities. During…

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Egypt Unveils Africa’s First Hydrogen-Powered Skyscraper, Ushering in a New Era of Green Energy

By Edson Baraukwa | Africa Guardian Forbes is set to build Africa’s first hydrogen-powered skyscraper in Egypt, a 50-story tower that marks a significant milestone in hydrogen innovation on the continent. This ambitious project promises to be a catalyst for the development of more sustainable skyscrapers across Africa. Egypt is leading the charge in hydrogen innovation with the introduction…

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CareerJunction Employment Insights Report September 2023

Issued by: CareerJunction The CareerJunction Employment Insights Report provides an analysis of the supply and demand trends in the online job market, to represent online labour dynamics in South Africa. The analysis and findings serve as a foundation for potential HR solutions & strategies, enabling businesses and recruitment agencies to focus on relevant occupations when developing their talent attraction…

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AGF and Clean Cooking Alliance partner to promote financial investments in clean cooking markets in Africa

African Guarantee Fund and the Clean Cooking Alliance (CCA) have launched a partnership to promote financial innovation, access to responsible carbon finance, and investments in clean cooking companies and programs.  In line with our mission, AGF will work through selected financial institutions to carry out the goals of the partnership. Both organizations will focus on markets in East, Southern,…

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For clean energy, financial growth, Africa looks to UN talks

Access to more and cleaner energy while continuing to grow economically will be a top priority for African nations in the upcoming United Nations climate conference in November, top officials and climate experts on the continent said. In Kenya’s semi-arid Makueni County, 50-year-old Purity Kinyili used to spend most of her time traveling for water and firewood to sustain…

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The way to make clean energy to rural areas accessible

The Energy Access situation Report Survey of (2016) findings shows that, 32.8 percent of all households in Tanzania Mainland are electrified with some form of electricity.Out of the electrified households, 74.9 per cent get electricity from the national grid, 24.7 per cent from solar power and 0.3 per cent of the households get electricity from private entity and individual…

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