Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
The African Energy Chamber (AEC) has urged African oil-producing countries – Algeria, the Republic of Congo, Libya, Equatorial Guinea, Gabon and Nigeria – to remain within OPEC.
A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to build resilience and support development.
Most people in the world would think very little before flicking on the lights, charging a mobile phone or turning on a laptop to read this.
Funding will finance power plant investments across African continent.