Carbon pricing is an effective policy instrument for accelerating the transition to renewable energy. By internalizing the social cost of greenhouse gas emissions, carbon pricing can foster low-carbon technology innovation, international collaboration, and energy-climate policy synergies. Emissions trading is one method of carbon pricing. Emissions trading is a market-based mechanism for lowering CO2 and other…
In the face of mounting tensions between the West and Russia over Ukraine, a key transit country for Russian gas, Germany has begun to raise an issue that wa
According to the International Energy Agency, more than 130 countries have set or are considering a goal of achieving net-zero emissions by 2050. Research by the United Nations Framework Convention on Climate Change (UNFCCC) revealed that in order to achieve net-zero emissions on a global scale, the sum of $125 trillion in climate investment is needed by 2050.
On 1 January 2021, free trading officially commenced under the African Continental Free Trade Area (AfCFTA). This was a much-celebrated milestone not only for African unity but for African trade.
Husk Power Systems, a leading clean energy company that has been at the forefront of rural electrification since 2008, has signed a voluntary agreement with the UN to expand the clean energy market in Sub-Saharan Africa and South Asia
On 01 February 2022, Total Energies EP Uganda, CNOOC Uganda Limited, the Uganda National Oil Company (UNOC), and the Tanzania Petroleum Development Corporation (TPDC) announced the Final Investment Decision on the Lake Albert Development.
As the world moves away from carbon-emitting fossil fuels, a void will be left that must be addressed in order to keep the lights on. Renewable energy is, of course, the answer, but due to its instability and inability to be stored, some governments have turned to nuclear energy, a solution that many have deemed…
In Cameroon, biomass energy resources are employed in both the household (about 75% of residential energy consumption) and industrial sectors (approximately 90% of energy demand). Despite the country’s vast forest
Centurion International AG has listed on the Open Market of the Düsseldorf Stock Exchange, marking a historic moment for the firm as it moves to enhance international investment and collaboration within Africa’s diverse economy.
Kenya is located on Africa’s eastern coast, astride the equator. Kenya is bordered by Sudan and Ethiopia in the North, Somalia in the East, the Indian Ocean and Tanzania in the South, and Lake Victoria and Uganda in the West. Nairobi, Kenya’s capital city, is located in the country’s South-Central Region.
A collaboration between the South African government, led by the presidency, and the German Federal Ministry of Economic Cooperation and Development to support the development of green hydrogen in the country is now under progress.
Electronic commerce (‘E-commerce’) refers to commercial transactions occurring by way of electronic means. With the establishment of digital economies resulting in an increase of digitization, e-commerce is a megatrend that is re-designing economic relations worldwide. This new borderless method of transacting provides great opportunities to stimulate trade. In February 2020, the African Union Heads of…