Africa: Seize this Moment for Africa to Model Net-Zero Development – AFC’s Samaila Zubairu: [allAfrica] New York — The African Finance Corporation (AFC), has a mission even more critical today than when it was created in 2007 – mobilizing private sector-led infrastructure investment needed to drive the continent’s economic growth. Younger and perhaps lesser-known than its sister development finance institutions — the African Development Bank and the Afreximbank — AFC is attracting attention with a broad portfolio of innovative projects across its 37 member states.The Central Bank of Nigeria is the largest s – AllAfrica News: Africa
Africa: South Africa Leads the Charge in Nations Transitioning to Renewable Energy Plans: [allAfrica] South Africa’s journey towards decarbonisation via the Just Energy Transition Partnership (JETP) has been described as one of the major achievements of the 2021 United Nations Climate Change Conference, more commonly referred to as COP26. The government announced a major U.S.$ 8.2 billion deal with the UK, the U.S., Germany, France and the European Union. The climate-finance agreement aims to invest in renewable energy and move away from coal for South Africa over the next three to five years. COP27 wi – AllAfrica News: Africa
Africa: Green Hydrogen Sounds Like a Win for Developing Countries. But Cost and Transport Are Problems: [The Conversation Africa] Hydrogen is used mainly to make chemicals such as fertiliser, and in oil refineries. Most hydrogen in the world today is made from natural gas or coal – methods associated with large carbon dioxide emissions. Developed countries are therefore looking to “green hydrogen” instead – produced using renewable electricity such as solar and wind power. Energy experts Rod Crompton and Bruce Young explain green hydrogen’s potential benefits and challenges. – AllAfrica News: Africa
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