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industrialization

6 Results / Page 1 of 1

Background

Namibia

Namibia’s Rating Upgraded: Importance for the Country and Its People

      By Josef Kefas Sheehama     Periodically, the Namibian government establishes policies to address the unstable state of the economy. Encouraging economic growth requires policymakers to put in place measures that support investment, innovation, and entrepreneurship. Therefore, the government can assist in fostering an environment that is conducive to business and promotes employment and economic growth. As an Independent Economic and Business Researcher, I therefore wholeheartedly commend the […]

todayJune 6, 2024 12

Environment

Thirsty in paradise: Water crises are a growing problem across the Caribbean islands

Public water shortages have left people scrambling for alternatives on many of the islands, including Cuba. Yamil Lage/AFP via Getty Images     By Farah Nibbs, University of Maryland, Baltimore County   In the popular imagination, the Caribbean is paradise, an exotic place to escape to. But behind the images of balmy beaches and lush hotel grounds lies a crisis, the likes of which its residents have never experienced. Caribbean […]

todayMay 17, 2024 16

Africa

Wind energy to help clean South Africa’s dirty carbon “hotspot”.

    By Bonface Orucho, bird story agency   Private wind energy projects for commercial and industrial purposes are ramping up the uptake of wind energy in South Africa while complementing clean energy's solar dominance to provide power for industries. Construction recently commenced on three wind sites to power Sasol’s Secunda industrial complex in Mpumalanga. The project is led by a consortium that includes Italian renewable energy developer Enel Green […]

todayApril 2, 2024 15

Africa

Africa needs just trade for a Just Energy Transition, African Development Bank head says at Doha Forum

The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of its climate change reduction measures. Adesina said this could penalize African […]

todayDecember 14, 2023 8

Africa

COP28: Africa could lose $25 billion per year as new EU carbon tax comes into effect, warns African Development Bank’s Adesina

African Development Bank Group President Dr Akinwumi Adesina has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers. Adesina said, “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will be forced to export raw commodities again into Europe, which will further cause de-industrialisation of […]

todayDecember 7, 2023 6

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