insert_link Africa Off-grid solar sparks a lantern sales boom in Africa – report By Bonface Orucho, bird story agency A new report has highlighted the continued popularity of lanterns powered by off-grid solar alternatives as more people opt for cleaner lighting options in Africa. The report ‘Global Off-Grid Solar Market Data July-December 2023’ by the Global Off-Grid Lighting Association (GOGLA), the global association for off-grid solar energy industry, is based on sales reported by 32 solar energy kit manufacturers […] today10 May, 2024
Business / Economics Aspirations and reality of Namibia’s Green Hydrogen dream – Dr. Hage Geingob By Josef Kefas Sheehama His Excellency Dr. Geingob's vision has been realized as Namibia has made major strides to establish itself as a major player in the world of green hydrogen production. The transformation of Namibia's economy and the realization of green hydrogen in the country were spearheaded by Dr. Geingob. Drawing on the proverb that states “Rome was not built in a day”. This serves […] today8 May, 2024
insert_link Business / Economics International Energy Agency expects half of all cars sold globally to be electric by 2035 Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China. In a report Tuesday, the International Energy Agency projected that “increased demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” According to CNN, it expects half of all cars sold globally to […] today24 April, 2024
insert_link World Development finance: how it works, where it goes, why it’s needed By Abdul Latif Alhassan, University of Cape Town and Bomikazi Zeka, University of Canberra Development finance is the invisible glue that connects public and private financing for projects that have social, economic and environmental outcomes. These include improved infrastructure, better waste management and sanitation, financial inclusion, clean energy and sustainable agriculture. The goal of development finance is to create positive social, economic or environmental outcomes through […] today17 April, 2024
insert_link Africa Africa is fueling India’s economic ambitions By Bonface Orucho, bird story agency India is growing its investment and nurturing diplomatic alliances with a range of countries in Africa, recognizing the continent as a key component in its pursuit of superpower status. In the latest move, Ethiopia’s ambassador to India disclosed to The Print, an Indian news outlet recently, that the two countries are “in the final stages of clinching defence cooperation.” This is just […] today20 March, 2024
insert_link Environment Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen The United Nations Economic Commission for Africa has warned the continent faces a N$ 47 trillion climate finance shortfall by 2030. UNECA executive secretary, Claver Gatete, says only two percent of global clean energy investments reach Africa. Environmental Investment Fund CEO, Benedict Libanda says the shortfall will likely increase. today6 March, 2024
insert_link Environment Ocean heating breaks record, again, with disastrous outcomes for the planet By Elizabeth Claire Alberts via Mongabay New research shows that ocean temperatures are hotter than ever in the modern era due to human-driven global warming. High ocean temperatures are placing a strain on marine life and biological processes while also increasing extreme weather events on land. The world is also seeing an escalation in the frequency and intensity of marine heat waves, events in which sea temperatures exceed a certain […] today31 January, 2024
insert_link Africa Africa’s battery manufacturing activity is charging ahead By Bonface Orucho, via bird story agency Africa is leading a homegrown revolution in battery manufacturing, leveraging its abundant green mineral resources and clean energy to feed surging global demand for clean, green, renewable energy storage. Strategic partnerships between countries and investment partners are gaining momentum, aiming to transform the continent, currently a net importer of batteries, into a self-sufficient region capable of meeting the growing battery storage demand […] today31 January, 2024
insert_link Africa 1 in every 3 dollars invested into startups in Africa in 2023 went into climate tech By Seth Onyango, via bird story agency Climate tech startups bucked the trend in Africa's venture capital space, actively notching up an impressive $1 billion amidst a broader funding fall-off in 2023. Data tracker, Africa: The Big Deal notes that around 1 in 3 dollars invested into startups on the continent in the forecast period went to climate tech startups. The strength of the sector according to the Deal, illustrates […] today30 January, 2024