A major philanthropic collaboration has taken a huge step forward in tackling energy scarcity in Africa. According to Semafor, the Global Energy Alliance for People and Planet has unlocked $4.2 billion in funding to advance renewable energy projects on the continent. This blended finance model is responsible for funding multiple projects, including the expansion of…
(Reuters) -The Congo River Alliance, a coalition of Congolese insurgent groups that includes the M23 rebels, on Monday accused the government of violating agreements aimed at ending conflict in eastern Democratic Republic of Congo. Fighting in eastern Congo has intensified this year, with the M23 group launching an offensive that allowed it to capture the…
Despite Washington’s framing of a key railway network in Angola as a strategic counter to China, the CEO of the Lobito Atlantic Railway (LAR) says the company is “a purely commercial entity” with “zero geopolitical considerations”. Nicholas Fournier, the newly appointed chief executive, said in an interview with the South China Morning Post that the…
DAKAR, Senegal (AP) — The Democratic Republic of Congo and Rwanda are set to sign a peace deal facilitated by the U.S. to help end the decadeslong deadly fighting in eastern Congo. The deal, to be signed in Washington Friday, would also help the U.S. government and American companies gain access to critical minerals in…
The warring African nations said in a joint statement on Wednesday that they had initialled an agreement aimed at ending the conflict in eastern DRC – to be formally signed in the US capital next week. “This is a Great Day for Africa and, quite frankly, a Great Day for the World!” Trump said in…