Infrastructure News - Page: 5
Any African country interested in making progress should follow the Rwandan model and invest in a wall-to-wall ICT infrastructure to facilitate e-governance, or risk being left behind.
The UK has pledged to provide new investment of up to £300 million to build essential infrastructure such as power, roads and water in Africa.
By leaving the EU, the UK will soon have the freedom to make new alliances — no longer bound by its role as the most reluctant member of a 28-nation bloc. The opportunity is to treat African nations as partners and equals, not as risks or charity cases.
Africa has emerged as a hotbed for solar investment. In the last three years, solar has been one of the most popular sectors for development institutions and private sector investors targeting areas with significant potential for social and economic returns.
China and Africa have, in recent years, made important progress from a batch of big projects thanks to their mutual efforts in expanding cooperation fronts and deepening collaboration in infrastructure construction.
South Africa has dropped proposals to boost supply from nuclear plants in its latest energy blueprint will increasingly harness renewable sources as it trims a reliance on coal.
After more than a decade of vaulting growth in trade, finance and investment, China’s weighty engagement is jeopardising future development prospects in Africa.
Beijing will adopt a more sustainable model for debt with African countries, a senior Chinese official said in an apparent bid to address growing criticism of the country’s global infrastructure drive.
The UK aims to generate up to £8 billion of vital public and private investment in businesses and infrastructure across Africa, to create jobs and boost growth over the next four years.This includes setting a clear ambition of mobilising £4 billion of private sector investment into the continent by working more closely with the City of London.
Theresa May has announced plans to boost Britain's investment in Africa after Brexit, during her first trip to the continent as prime minister. In a speech in Cape Town, she pledged £4bn in support for African economies, to create jobs for young people.
Higher economic growth in Africa in the coming years will lead to an inevitable increase in energy consumption, according to the International Energy Outlook 2018 report.
African countries can learn from China's experiences to develop and improve their infrastructure and financing system. But African governments have to play a leading role in infrastructure construction - it is difficult to improve infrastructure by relying solely on market mechanisms.
Increased public private partnership is needed "to reignite leadership torch" in Africa to achieve even growth and development.
The poor state of infrastructure is the bane of Africans doing business within Africa; poor transportation continues to impede market access.
Rwanda and Uganda are emerging as favourite destinations in Africa for investment in information and communications technology, while the leading investor destinations in the ICT sector in sub Saharan Africa - Kenya, Nigeria and South Africa - have recorded a decline in investment flows.
Singaporian companies can partner with Kenyan and East African enterprises for economic development - from infrastructure development, economic diversification, regional integration and trade connectivity to urban planning solutions.
Reppie Waste-to-Energy in Ethiopia will produce 25 megawatts a day, while addressing pollution and environmental degradation.
Today, fast-growing economies across the continent are upgrading antiquated rail infrastructure to support improved regional trade and mass local transit. However, the poor condition of rail infrastructure and rolling stock in many African countries is undermining the potential of rail systems to contribute to economic development.
The health intervention that has saved more lives than any other in recorded history - water, sanitation and hygiene - remains alarmingly absent in global health care.
In Sub-Saharan Africa, poor infrastructure cuts national economic growth by two percentage points every year and reduces productivity by as much as 40%.
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