June 19, 2024/Cordros Report Based on the CPI and inflation report released by the National Bureau of Statistics (NBS), consumer prices maintained an upward trend for the 28th consecutive month in May 2024. Headline inflation rose by 26bps to 33.95% y/y in May (April: 33.69% y/y). Notably, the pace of […]
Updates
G-7 Leaders Reaffirm Support for Billion-Dollar Infrastructure Programme for Africa, Pledges More Support to AfDB-Backed Initiatives
African Development Bank had invested over $50 billion in quality infrastructure in Africa over the past eight years June 18, 2024/AfDB G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph […]
Wärtsilä Launches World’s First Large-Scale 100% Hydrogen-Ready Engine Power Plant
June 18, 2024/Alesia Communications Technology group Wärtsilä has today launched the world’s first large-scale 100% hydrogen-ready engine power plant, to enable the net-zero power systems of tomorrow. The IEA World Energy Outlook 2023 shows that hydrogen is an essential component of our future power systems. According to the report, the […]
