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    BREAKING NEWS
    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution
    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia
    Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study
    $11.70 million Expended by the Africa Development Bank to Facilitate Access to Fertilizers for African Agricultural Producers
    TRANSCO – CLSG wields Impressive Coordination Meetings for the Development of the Gambia River
    650,000 BPD Dangote Petroleum Refinery and Petrochemicals plant Commissioned by Erstwhile Nigeria’s President Buhari
    …Curtail the usage of Charcoal and save the Environment Immense Liquefied Gas Depot opened in Tanga City of Tanzania
    $3.5 Billion in reimbursements to White Agriculturalist by the African Development Bank as Financial Instruments to “Fast Track and Front Load” to White Agriculturalist land…was taken from them by the Zimbabwe Administration President of AfDB disclosed

    Ghana, Key Stakeholders: Sign a Renewable Energy Agreement Worth US$69.88 Million to Improve Access and Socio-Economic Development

    Posted On 01 Jun 2022
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    By Richard Adorsu-

    Photo Credit: Unsplash

    NEW AFRICA BUSINESS NEWS (NABN) Accra GHANA- The government of Ghana and development partners, including the African Development Bank(AfDB), the Climate Investment Fund (CIF), and the Swiss Government Federation, have signed a grant agreement worth $69.88 million to improve access to clean and reliable electricity
    services and low-carbon socio-economic development.

    About 6,890 households, 6,001 small and medium-sized enterprises (SMEs), and 6,890 public buildings will be linked to energy as part of the Scaling-up Renewable Energy Programme (SREP).

    The project, which includes the design, engineering, supply, building, installation, testing, and commissioning of small grids and freestanding systems, would also assist about 1,350 schools and 500 health centers.

    It will also assist in the reduction of public sector energy debt, as well as bills for SMEs and households, while also promoting the implementation of environmental, social, and economic policies.

    Speaking to the media, the finance minister of Ghana, Mr. Ofori-Atta said, “the project demonstrates our country’s commitment to boost the economic and social feasibility of low carbon initiatives.”

    It also supports the country’s aim to develop new energy-efficient markets and achieve energy sufficiency to avoid a future energy crisis.

    Dr. Adesina said the project would help Ghana reach its renewable energy targets under the Sustainable Development Goals (SDGs) and establish a more resilient economy.

    “This project will improve access to safe and dependable electricity while also promoting Ghana’s low-carbon socio-economic growth.” It will directly boost Ghana’s efforts to build resilience to the COVID-19 pandemic’s socio-economic impact.”

    The initial component of the SREP would be the development of 38 small grids and standalone solar PV systems for 2,000 SMEs, 1,350 schools, 500 health centers, and 400 villages, which would take place between 2022 and 2025.

    The second component, net metering, intends to scale up an existing initiative to roughly 12,000 rooftop net-metered solar PV systems to minimize public sector electricity debt and bills for SMEs and consumers.

    The fourth component would be the oversight of works, which would include the SREP Project Implementation Unit’s running costs, the Distribution Utility’s operations, and the implementation of environmental, climate, and social management plans.

     

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    Current Outbreak of Coronavirus (COVID-19) Disease- Coronavirus advisory information, World Health Organization & United States, Centers for Disease Control and Prevention

    Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV). A novel coronavirus (nCoV) is a new strain that has not been previously identified in humans.

    Coronaviruses are zoonotic, meaning they are transmitted between animals and people.  Detailed investigations found that SARS-CoV was transmitted from civet cats to humans and MERS-CoV from dromedary camels to humans. Several known coronaviruses are circulating in animals that have not yet infected humans.

    Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.

    Standard recommendations to prevent infection spread include regular hand washing, covering mouth and nose when coughing and sneezing, thoroughly cooking meat and eggs. Avoid close contact with anyone showing symptoms of respiratory illness such as coughing and sneezing. Source- WHO

    who.int/emergencies
    Coronavirus Q&A, World Health Organization
    who.int/news-room
    Coronavirus condition overview, World Health Organization
    who.int/health-topics
    United States, Centers for Disease Control and Prevention
    cdc.gov/coronavirus/2019-ncov

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    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent
    About the Author
    New Africa Business News Staff Correspondent
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    AfDB President Dr. Akinwunmi Adesina has underscored the significance of Africa Restraining its Reserves and Manufacturing Lithium Batteries for Electric Vehicles to be part of the Global Electric Vehicle Revolution

    African Development Bank’s 2023 African Economic Outlook Projects Africa to Become the Second-Fastest Growing Region After Asia

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    • Ambassador Albert Muchanga African Union Commissioner for Trade And Industry – exhorted African Administrations to Marshal Mobile Domestic Finance by ways to carry out AU’s Agenda 2063
    • African Nations Exhorted to take on Modern Sustainable City Planning to enable Stave Off Prospective Emergencies
    • South Africa’s Informal Economy Shows Signs of Movement to Switch toward Cashless Economy, Study

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