The International Energy Agency is taking on an expanded role in accelerating clean energy investment as global leaders gather in the Amazonian city of Belém for the COP30 climate summit.
Ghana has long struggled to translate its crude output into refined fuel security. Successive governments have pledged to revive TOR, which has faced years of debt, mismanagement, and technical breakdowns.
EBRD projects six sub-Saharan African economies to grow 4.7% in 2025, led by Benin and Côte d’Ivoire, while Nigeria and Ghana struggle with high inflation and Senegal enters a hydrocarbon boom.
The coupon payments mark the first settlement since COCOBOD converted short-term cocoa bills into longer-term bonds under the government’s Domestic Debt Exchange Programme (DDEP).
Imports of solar panels from China into Africa have surged dramatically over the past year, pointing to the start of a transformation in how the continent generates electricity.
Japan’s government quickly dispelled claims that it was handing over control of a city to Tanzania, after misinformation surrounding a cultural exchange programme triggered a xenophobic backlash.
African countries are working to expand electricity access and production, with many turning to nuclear power to boost energy security, cut emissions, and improve reliability and sustainability.