- Published on Thursday, 05 February 2015 09:32
Rwanda's Minister of Infrastructure, James Musoni, and the Chief of Staff of the U.S. Government's Overseas Private Investment Corporation (OPIC), John Morton, will lead the ribbon-cutting on Thursday, February 5, at 12:30pm of the 8.5 Megawatt solar field at the Agahozo-Shalom Youth Village, and will be joined by international representatives of the partners that developed the landmark $23.7 million project.
The Rwanda field brought together an international consortium of financing partners. Debt was provided by FMO (Netherlands Development Finance Company) and the London-based EAIF (Emerging Africa Infrastructure Fund); mezzanine debt provided by Norfund (The Norwegian Investment Fund for Developing Countries); equity from Scatec Solar ASA (who also served as EPC contractor and serves as O&M provider), Norfund and KLP Norfund Investments (a vehicle jointly owned by KLP, the largest pension fund in Norway, and Norfund).
- Published on Friday, 30 January 2015 12:52
Zimbabwean President Robert Mugabe took over the post of African Union chairman on Friday, replacing Mauritania's President Mohamed Ould Abdel Aziz.
Mugabe, Africa's oldest president aged 90, shook hands with Abel Aziz in front of fellow leaders to applause at the AU summit in the Ethiopian capital.
- Published on Monday, 19 January 2015 10:50
The Federal Government last night announced a reduction in the price of premium motor spirit (petrol) from $0.51 (N97) cents to $0.46 (N87) cents per litre.
The reduction follows the crash in the price of crude oil in the international market.
- Published on Wednesday, 28 January 2015 09:51
Speaking at a high profile panel on energy at the 2015 annual meeting for the World Economic Forum in Davos, Switzerland, Nigerian billionaire and philanthropist Tony Elumelu emphasised the key priority for 2015 for Africa as “policy, policy, policy.”
Elumelu is among the group launching the African Energy Leaders Group (AELG), a multi-stakeholder advocacy group that aims to address Africa’s power deficiency—the continent has approximately 620 million people without electricity.
- Published on Monday, 19 January 2015 08:40
The Leader of The Gambia Moral Congress (opposition party), Dr Mai Ahmad Fatty, has petitioned the Chairman of the Economic Community of West African States (ECOWAS), President John Dramani Mahama, to take up the issue of the Gambia before it degenerates into violence.
The situation in The Gambia, he said, “Would run into violence soon if nothing is done about it, and the impact would flow into the region.”
- Published on Tuesday, 27 January 2015 07:51
President John Dramani Mahama has expressed ECOWAS’s solidarity with President Yahya Jammeh and the people of The Gambia over a recent attempted coup in that country.
Last Sunday, President Mahama, who is the Chairman of the ECOWAS Authority of Heads of State and Government, made a brief visit to Banjul to express the solidarity of ECOWAS.
- Published on Friday, 16 January 2015 12:23
In the presence of Kofi Annan, Nigerian President Goodluck Jonathan, former President General Muhammadu Buhari and nine other presidential candidates today adopted an inter-party agreement on non-violence and the acceptance of the results of the upcoming elections on 14 and 28 February.
“I am pleased that all parties are participating in this responsible initiative, said Kofi Annan. “It will reassure Nigerians and their international partners who are concerned about potential election-related violence and its consequences for the country’s prospects”. He added “What happens in Nigeria affects all of Africa.”
- Published on Monday, 19 January 2015 13:41
At least 20 of up to 80 people taken hostage by Boko Haram militants in Cameroon at the weekend are reported to be free.
Cameroon's defence ministry said the hostages were freed "as defence forces pursued the attackers who were heading back to Nigeria".
- Published on Tuesday, 13 January 2015 09:02
The number of people killed after drinking a "poisoned" homemade beer in Mozambique has risen to 69, state radio has reported.
The beer, usually made from millet, may have been contaminated with crocodile bile, a health official said.
- Published on Monday, 19 January 2015 11:34
ECOWAS Chairman and Ghana's President, John Dramani Mahama, has maintained that rescheduling Nigeria’s upcoming general elections will hand victory to terrorist group, Boko Haram.
Issues have been raised regarding the safety of Nigerians now that the group has made some States in Africa's most populous country. But, President Mahama has assured ECOWAS the election will take place despite the attacks.
- Published on Wednesday, 31 December 2014 08:53
The president of The Gambia says he remains in charge of the West African state after his security forces thwarted an attempted coup.
Yahya Jammeh said an ex-army commander tried to take control of the country while he was visiting France. His current whereabouts are unclear.