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Tag: RENEWABLE ENERGY

Climate change

US Stalls US$2.6 Billion Climate Finance Package for South Africa

March 24, 2025March 24, 2025 - by Allegra Nguyen - Leave a Comment

The United States is postponing a US$2.6 billion climate finance package for South Africa, raising fears it may be entirely blocked. This delay, due to US objections at Climate Investment …

US Stalls US$2.6 Billion Climate Finance Package for South Africa Read More
Companies

Ngafuan Advocates Project Reprogramming to Mitigate USAID Funding Impact

March 22, 2025March 22, 2025 - by Marcus Chen - Leave a Comment

Finance Minister Augustine Kpehe Ngafuan emphasized the urgent need to reprogram government projects amidst reduced USAID funding, launching the GREAT Project supported by the World Bank. This initiative aims to …

Ngafuan Advocates Project Reprogramming to Mitigate USAID Funding Impact Read More
Companies

Congo Considers Extension of Cobalt Export Ban to Stabilize Market

March 22, 2025March 22, 2025 - by Carmen Mendez - Leave a Comment

The Democratic Republic of Congo may extend its cobalt export ban, initially enacted in February, to stabilize fluctuating prices. The ban has already contributed to a recovery in cobalt prices. …

Congo Considers Extension of Cobalt Export Ban to Stabilize Market Read More
Business / economics

Ranil Wickremesinghe Urges Sri Lanka to Aim for a US $1 Trillion Economy by 2055

March 21, 2025March 21, 2025 - by Sofia Nawab - Leave a Comment

Former President Ranil Wickremesinghe has proposed that Sri Lanka targets a US $1 trillion economy by 2055, asserting the need for ten-fold economic growth. He emphasized collaboration with India and …

Ranil Wickremesinghe Urges Sri Lanka to Aim for a US $1 Trillion Economy by 2055 Read More
Companies

Nigeria’s $4 Billion Steel Imports: Calls for Domestic Production and Collaboration

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

Nigeria spends about $4 billion annually on steel imports, prompting calls for import substitution. Minister Audu announced plans to enhance domestic steel production and establish military hardware manufacturing through collaborations. …

Nigeria’s $4 Billion Steel Imports: Calls for Domestic Production and Collaboration Read More
Companies

U.S. Loan Could Enhance Mozambique’s LNG Project Prospects

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

The U.S. EXIM Bank’s approval of a USD 4.7 billion loan for TotalEnergies’ LNG project in Mozambique could bolster the venture’s prospects despite ongoing security risks. The project is seen …

U.S. Loan Could Enhance Mozambique’s LNG Project Prospects Read More
Technology

JA Solar Receives Prestigious Award for Renewable Energy Contributions

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

JA Solar has received the “PV Growth Driver – C&I – KSA 2025” award at the SunRise Arabia Clean Energy Conference, acknowledging its leadership in the renewable energy sector in …

JA Solar Receives Prestigious Award for Renewable Energy Contributions Read More
Global news

Egypt Increases Investments in Tanzania to Enhance Bilateral Relations

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

Egypt is expanding investments in Tanzania, focusing on technology, education, health, agriculture, and infrastructure to enhance bilateral ties. This initiative follows a visit by Egypt’s Foreign Minister and business leaders, …

Egypt Increases Investments in Tanzania to Enhance Bilateral Relations Read More
Companies

Paladin Energy Suspends Uranium Mining in Namibia Amid Heavy Rainfall

March 21, 2025March 21, 2025 - by Carmen Mendez - Leave a Comment

Paladin Energy has halted uranium mining at its Langer Heinrich Mine due to heavy rainfall, impacting access and operations. Shares fell to a low not seen since March 13. The …

Paladin Energy Suspends Uranium Mining in Namibia Amid Heavy Rainfall Read More
Companies

Paladin Energy Stock Declines Following Operation Suspension in Namibia

March 21, 2025March 21, 2025 - by Marcus Chen - Leave a Comment

Paladin Energy’s shares fell 7.5% to A$6.32 after temporarily suspending operations at its Langer Heinrich project in Namibia due to heavy rains. This represents the lowest trading price since March …

Paladin Energy Stock Declines Following Operation Suspension in Namibia Read More

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