An Africa Business Community
The 4th Africa Carbon Forum (ACF), this year in Addis Ababa, opened its doors today to over 1,000 registered participants from across the globe to foster a discussion on climate change and carbon finance in Africa.
The message resonating this year from Addis is that Africa represents a golden opportunity for a green future.
“The vast potential represented by African countries in the fight against climate change cannot be underestimated,” said Christiana Figueres,…
Added by Isaac Twumasi Quantus on April 19, 2012 at 2:06pm — No Comments
Economic growth in Sub-Saharan Africa remains strong and is poised for lift-off after growing at 4.9 percent in 2011, just shy of the pre-crisis average of 5 percent. Excluding South Africa, which accounts for over a third of the region’s GDP, growth in the rest of region was 5.9 percent, making it one of the fastest growing developing regions, according to a new World Bank report on Africa’s economy.
Over a third of countries in the region attained growth rates of at least…
Added by Isaac Twumasi Quantus on April 19, 2012 at 2:02pm — No Comments
The Millennium Development Goals (MDGs) are eight objectives agreed by all 193 members of the United Nations and 23 international organisations. With 2015 set as the deadline, the global goals include eradicating extreme poverty, fighting disease epidemics such as HIV/AIDS, achieving universal primary education and developing a global partnership for development.
Originally set out at the Millennium Summit in 2000, progress towards achieving the goals has been mixed with advancement…
Added by Isaac Twumasi Quantus on April 12, 2012 at 10:48am — No Comments
Equatorial Guinea is now part of a Global Environment Facility (GEF) project titled ‘A Regional Focus on Sustainable Timber Management in the Congo Basin’, an initiative backed by international development organizations, national NGOs, and government officials. One of three pilot countries, Equatorial Guinea will begin a series of regional activities in which all GEF participants will collaborate closely to address illegal logging and ensure the sustainability of forest…Continue
Added by Isaac Twumasi Quantus on April 11, 2012 at 2:03pm — No Comments
Ghana and Canada will cooperate on expanding the Aboadze thermal plant in Takoradi.
President John Evans Atta Mills, who held discussions on the plant with the Canadian Commercial Corporation (CCC) last November in Canada, met this month with executives of the Corporation in Ghana.
The CCC is the main investment grouping in Canada, and the executives led by Marc Whittington, are in the country to sign an agreement with the Government of Ghana to support the expansion of the…Continue
Added by Isaac Twumasi Quantus on April 10, 2012 at 10:30am — No Comments
The last decade has shown that in the race to claim the 21st century, Africa will give Asia and a rising Latin America a run for its money. McKinsey global recently published a ground breaking publication named ?Lions on the Move: the progress and potential of African Economies.
Drawing a direct parallel to the economic emergence of the Asian Tiger Economies, the study fixed impressive numbers against the impending rise of the African Lion economies.
There is no more…Continue
Added by Isaac Twumasi Quantus on April 4, 2012 at 2:29pm — No Comments
One of Nigeria’s leading economists and management consultants, Foluso Phillips, will speak at Ghana Economic Forum scheduled for May 3, 2012 at the Movenpick Ambassador Hotel.
The Ghana Economic Forum will assemble key industry chieftains, senior- level decision-makers in public & private sector organisations in the country and development partners to engage in discussions centred on the how Ghana can sustain the macroeconomic gains made in recent…
Added by Isaac Twumasi Quantus on April 4, 2012 at 2:09pm — No Comments
ARB Apex bank will soon start disbursing low interest loans, up to the tune of US$8million under the Rural Finance Wholesale Fund to rural commercial farmers in the country.
The revolving and medium-term loan facility will be made available to Rural Commercial Banks (RCB) for on-lending to specific commercial farmers as well as micro, medium and small enterprises.
The fund, which is a compact agreement between the Danish and Ghanaian governments, will help…
Added by Isaac Twumasi Quantus on April 4, 2012 at 2:05pm — No Comments
Hydropower could supply all of Africa's electricity needs if cross-border cooperation was stepped up, according to a UN report launched last week (12 March) at the World Water Forum in Marseilles, France.
Africa currently generates just one third of its electricity from hydropower, but could learn from cooperation and training programmes with India and some Western countries, according to Ulcay Unver, coordinator of the UN World Water Assessment Programme, which produced its…
Added by Isaac Twumasi Quantus on April 4, 2012 at 11:00am — No Comments