Green Building Trends in Africa: Africa’s urbanization provides the opportunity to embrace Green Building (By Julien Fouilliart)

By Julien Fouilliart-Building&Infrastructure Growth Leader Middle East, Caspian and Africa, Bureau Veritas (https://group.BureauVeritas.com). Globally, buildings are responsible for a substantial share of energy, electricity, water and materials consumption using between 35-40% of energy demand and contributing 37 per cent of world carbon dioxide (CO2) emissions. Including the manufacturing of building materials. The 2022 updated Global Buildings Climate Tracker (GBCT) (https://apo-opa.co/3YLJiZG) shows that there is a significant gap between the current state and […]

October 31, 2024 7

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Namibia

Auditor-General’s Report Flags Major Financial Issues at the Municipality of Windhoek

The Auditor-General’s report on Windhoek Municipality’s 2022 and 2023 finances, highlights major concerns, resulting in a disclaimer of opinion. Key issues include missing accounting policies for public-private partnerships, unapproved salary increases, incomplete land records, and possible data manipulation. With liabilities exceeding assets by over 723 million dollars, the Municipality faces serious solvency risks. The report warns these issues could impact service delivery, urging stricter controls and a financial recovery plan.

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South Africa

TLU SA Seeks Clarity on Medium Term Budget’s Impact on Agriculture

The South African agricultural organisation TLU SA says it wants clarity on whether the plans announced in the Medium Term Budget Policy Statement will genuinely meet the real needs of the economy and agriculture. TLU SA’s, Bennie van Zyl, says the focus of the government of national unity on inclusive growth and job creation is valuable, but the concern is that real challenges, such as corruption and mismanagement, are […]

October 31, 2024 16

World

New Delhi sees air quality dip on Diwali

A thick grey layer of smog has engulfed New Delhi with pollution levels making the Indian capital the world's most polluted city. Millions are also marking the Hindu festival of Diwali in India on Thursday. Forecasts show air quality will significantly worsen in the next 24 hours with many in Delhi defying a firecracker ban. Neha Poonia has more.

October 31, 2024 8

APO International

Kigali, Rwanda set to welcome key decision-makers in Africa’s energy sector to the inaugural Africa Energy Expo

Informa Markets (www.InformaMarkets.com), organisers of the very first edition of the Africa Energy Expo (AEE), are pleased to announce that the 2024 AEE kicks off in Kigali on Monday, 4 November 2024. It will bring together stakeholders and senior decision-makers in Africa committed to closing the continent’s energy and power infrastructure gap. With the aim of driving progress towards SDG7 (affordable and clean energy), the AEE will also focus on […]

October 31, 2024 5

APO International

Malawi Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa (FEDA)

The Fund for Export Development in Africa (FEDA), the development impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the Republic of Malawi’s accession to the FEDA Establishment Agreement. This key milestone reflects the Fund's growing support across Africa, bringing the total number of participating countries in FEDA to eighteen. Malawi’s accession to FEDA highlights the Fund’s growing momentum, following the recent accession of Benin, Nigeria, Ghana, the […]

October 31, 2024 6

Namibia

Auditor-General Issues Qualified Opinion on Mariental Municipality’s Financial Statements

The Auditor-General's report on the Municipality of Mariental for the financial year ending June 30, 2023, has issued a qualified opinion on its financial statements. The report identifies discrepancies in accounting for bulk purchases of water and electricity, resulting in misstatements of approximately 2.4 million Namibian dollars for water and 11.4 million for electricity due to reliance on payment-based rather than accrual-based accounting. Despite these issues, the Auditor-General affirms that […]

October 31, 2024 6

World

North Korea long-range ballistic missile test splashes down between Japan and Russia

North Korea fired a long-range ballistic missile into the sea off its east coast on Thursday, South Korea and Japan said. It comes a day after Seoul reported the North was making preparations to test-launch an intercontinental ballistic missile. Laura Westbrook has more from Hong Kong.

October 31, 2024 18

South Africa

Cosatu Expresses Disappointment with S.A’s Treasury’s Economic Strategies

S.A union, Cosatu says it remains underwhelmed and disappointed by the Treasury’s continued approach to tackling South Africa’s deep-seated economic and governance crises. The union federation was responding to the Medium-Term Budget Policy Statement. Cosatu’s, Matthew Parks, says the fundamental challenges facing the nation are a stagnant economy and a rising unemployment rate of 42.6-percent:

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Month: October 2024