World News

Deploying Balancing Power Generation Technologies Could Save €65 Trillion by 2050

——Shows Wärtsilä’s Global Power System Modelling Wärtsilä report shows an area the size of Europe will need to be covered with renewable power to reach a clean energy future, without the integration of balancing power technologies. December 10, 2024/Alesia Communications Wärtsilä’s global power system modelling, published in the Crossroads to […]

AfDB Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility December 9, 2024/AfDB The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways […]

AfDB, TDB Strengthen Trade Finance Partnership through a Trade Finance Unfunded Risk Participation Agreement

The RPA aims at bolstering intra-Africa trade, promoting regional integration, and contributing to the reduction of the trade finance gap in Africa December 6, 2024/AfDB The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million […]