OPEC welcomes Congo Brazzaville as newest member

OPEC welcomes Congo Brazzaville as newest member

The central African nation of Congo Brazzaville has become the newest member of the Organization of the Petroleum Exporting Countries (OPEC), following the conclusion of the OPEC member meeting in Vienna on Friday. It is now the 15th nation to become a member, seven of them on the continent. The…

World Bank promises $180 million for Kenya’s energy sector

World Bank promises $180 million for Kenya’s energy sector

The World Bank has approved USD$180 million in loan guarantees to boost Kenya Electricity Generation Company Limited (KenGen) and the country’s energy sector. The KenGen project, supported by private sector financing, will build on Kenya’s progress in diversifying its energy sources – including geothermal power – while bringing much needed…

Zambezi River dam opposed over environmental, tourism impact

A hydroelectric dam project, years in the making and planned for the Zambezi River between Zambia and Zimbabwe, remains under pressure from whitewater rafting enthusiasts and tourism businesses concerned about the environmental and economic impacts. Munyaradzi Munodawafa, chief executive with the Zambezi River Authority, told reporters this week that the…

Breaking Down Monopolies: Key to Africa’s Economic Success

A new report from the Tony Blair Institute for Global Change in London should send shivers down the collective spine of the development community: On its current trajectory, sub-Saharan Africa (SSA) will face a projected shortfall of 50 million jobs by 2040. The paper argues – as have others –…

Arnaud Gallet

Arnaud is a French freelance writer with an African heart who has lived in 10 different Sub-Saharan countries in the past decade. He is currently based in Paris.