Population growth means that for the first time in a decade access to global energy has begun to fall despite the massive investment going into clean energy to fight the climate crisis, the International Energy Agency said in a new report.
Sub-Saharan Africa is poised for a gradual economic upturn in the coming years, buoyed by an enhanced external milieu that diminishes the risk of significant currency devaluations and sovereign defaults.
Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.
Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.
Uganda, rich in untapped uranium deposits, plans to export electricity generated by the NPPs to underserved countries in the region including the DR Congo, South Sudan and Chad.