Nigeria Announces $246m in Green Bonds for Projects Including Jatropha Biofuels

In Nigeria, the government has released the guidelines for the $246 million in Green Bonds that it will invest in a wide range of renewable energy and agriculture including jatropha for both reforestation and for biofuel production. The program is supported by the UK’s DFID, UNEP and the…

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6 Numbers That Prove The Future is African

By 2030 one in five people will be African. Combine the continent’s soaring population with technology, improvements in infrastructure, health and education, and Africa could be the next century’s economic growth powerhouse. Here are just a few of the surprising facts and figures about Africa and its emerging…

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African power investors get London invitation

KAMPALA, UGANDA - African governments wishing to attract private sector money to pay for new badly needed power projects are expected to send representatives for the Africa Energy Forum scheduled for London on June 22nd. “Being in London, the world’s finance capital, will enable Africa’s growing number of…

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Bill Gates Calls For 'Energy Miracle' In 15 Years. Do Experts Agree?

The annual letter from the Gates Foundation calls for an "energy miracle" — the creation of a cheap and clean source of energy to get power to the 1.2 billion people on the planet without electricity. "We need to try lots of crazy-seeming ideas so we can find…

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Is the sun rising on an African solar revolution?

Is the sun the answer to Africa's energy problems? Analysts believe solar power could be the world's largest source of power by 2050. Deep in northern Kenya, above Napuu Village, there is only the brightest of full moons to light the way. You can hear the chatter as…

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Kagame's Singapore of Africa Rewards Debt: Africa Credit - Bloomberg

Fourteen years of Rwanda rule by Paul Kagame, whose forces ended the 1994 genocide that killed at least 800,000 people, is rewarding bond investors with record low yields amid the fastest economic growth in East Africa. Growth in the landlocked nation will reach 7.5 percent this year, up…

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Eco Positive, a London based project finance and development company.

Eco Positive, a London based project finance and development company, and US project developer Eco Fuels Global, have signed a major bio-fuel deal with the Government of Rwanda estimated to be worth in excess of US$250m to Rwanda over the project lifetime. In the run up to the…

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Rwanda open for clean energy business says minister

Rwanda’s energy minister says the recent announcement of an 8.5 megawatt solar photovoltaic project is just the start of the country’s investments in clean energy. Emma Francoise Isumbingabo told RTCC the government is keen to build on the success of the $24m deal, which will make Rwanda the…

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Kagame Roots for inclusive growth

President Paul Kagame has called on African governments and business leaders to actively pursue an inclusive growth model that he said results into a win-win situation for everyone. He was speaking yesterday on a panel discussion dubbed ‘Unlocking Job Creating Growth’ at the ongoing World Economic Forum on…

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