• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    $12 Billion Environment Financing Center – The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World
    President Samia Suluhu Hassan of Tanzania Inaugurated an Agriculture Program hoped at Committing the Youth to Large-Scale Agribusiness
    New Era for Equatorial Guinea and Cameroon, Signing  Bilateral Agreement through Cross-Border Cooperation
    South Africa and Stellantis has Greeted a Pact to Develop a Unique Automobile Manufacturing Facility
    Dr. Akinwumi Adesina AfDB’s President maintains it is time to Develop Youth-Based Wealth to Bolster a Better Comprehensive Nigerian Economy
    Abidjan to host on March 17th 2023 the 8th Session of the Steering Committee for the Construction Project of a Motorway between Abidjan and Lagos
    Rwanda’s President Paul Kagame and the President of the World Football Association(FIFA) launched the Kigali Pelé Stadium which is changing the name from Kigali Regional Stadium In Nyamirambo the Capital of Kigali
    First Gold Refinery Company BTC Global started the first Gold refinery in South Sudan in Juba
    The AfDB inducted the African Financial Integrity and Accountability Support Project (AFIAP) by way to Enhance Cooperative Ripostes to Illicit Financial Successions in African Nations
    Morocco’s Strawberry Exports Hits $70 Million in Annual Revenue, a New Historical Record

    African Development Bank endorses outcomes for Large Scale Mini-Grid Market Development in Angola

    Posted On 04 Aug 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 18

    By Abdul Rahman Bangura–

    Photo Credit: Villimpilansi

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The appraisal was administered with the technical assistance of Carbon Trust, in alliance with the Government of Angola, and in talks with key stakeholders such as development partners and private sector proxies. The report evaluates key enabling components expected for large scale mini-grid development, as well as the general, capacitates the mini-grid market in Angola, in alignment with the nation’s energy sector development strategy.

    The document rates that 9.9 million people, exemplifying 32% of Angola’s total population, and 47% of the non-electrified population, could be best satisfied by mini-grid solutions. It also accentuated the regulatory chasms that subsist in the mini-grid market, entailing inadequate inducements for private sector participation. Across-the-board, the assessment proposes that, dealing with the rifts could keep ajar an approximate need for approximately $252.5 million in Angola, based o the regular annual electricity expenditure per capita, in rural areas.

    The webinar held on July 23rd, of 2020, gave a forum for over 100 participants to communicate alternatives and challenges pertaining to the growth of green mini-grids in Angola, as well as enhanced coordination and partnerships towards the evolution of sustainable growth of clean energy in the Southern African nation.

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    Among participants were diplomats of the government, from the Ministry of Energy and Water, the Ministry of Culture, Tourism and Environment, and the Ministry of Economy and Planning. Development partners, private sector actors, and national and regional associations in the sector also took part.

    In his opening remarks, the African Development Bank Country Manager for Angola, Joseph Ribeiro, remarked that, the energy sector plays a vital role in national efforts towards poverty rebate and sustainable socio-economic development, as per the country’s economic diversification agenda. Angola’s National Director for Rural Electrification in the Water and Energy Ministry, Serafim Silveira, emphasized the significance of mini-grids to ,the government’s rural electrification goals. The additional lecturers were Executive Director of the Lusophone Renewable Energy Association, Isabel Abreu, and the representative of the Establishment Committee of the Angolan Renewable Energies Association, Pedro Torres.

    The Bank’s Division Manager for Renewable Energy, João Cunha, confessed the report will notify the layout of technical aid by the Bank to the Angolan administration in rehearsal for the rollout of a mini-grid scale-up program.

     

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2020
    Start Voting for New Africa Business News Person of the year 2020. Nomination Starts July 04 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia, Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    HELP FIGHT CLIMATE CHANGE
     United Nations Environment Programme (UNEP) Leading Global Environmental Authority that Sets the Global Environmental Agenda, Promotes Coherent Implementation of the Environmental Dimension of Sustainable Development within the United Nations System, and Serves as an Authoritative Advocate for the Global Environment.  Visit:  www.unenvironment.org  

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Chief Executive Officer of Nigeria Stock Exchange has a Soothing Enticement in the Oil and Gas Sector

    Next Story

    $62.5 Million to Hurl Abujar Gold Project in Ivory Coast

    18 Comments

    1. Samuel August 4, 2020 at 3:27 am Reply

      Energy sectors always plays a vital role in transforming economics for good. Thank you for the report. Samuel in Abuja Nigeria

      • New Africa Business News, Staff Correspondent August 4, 2020 at 3:27 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Rosine August 4, 2020 at 3:33 am Reply

      In Angola, our government is investing lot of money in the energy sector. Luanda Angola. Rosine

      • New Africa Business News, Staff Correspondent August 4, 2020 at 3:34 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Lara August 4, 2020 at 3:40 am Reply

      Our Leadership is doing all what he can do with the government to adequately create and supply the energy we need in our Country. Lara in Benguela Angola

      • New Africa Business News, Staff Correspondent August 4, 2020 at 3:41 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Hermela August 4, 2020 at 3:51 am Reply

      African Development Bank has being and working with all countries in the Continent to adequately address the need of energy. Addis Ababa Ethiopia. Hermela

      • New Africa Business News, Staff Correspondent August 4, 2020 at 3:52 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Nattat August 4, 2020 at 3:57 am Reply

      Our government is happy to work with African Development Bank to address energy need. Thank you for reporting to this issue. Nattat in Sumbe, Angola

      • New Africa Business News, Staff Correspondent August 4, 2020 at 3:58 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Adam August 4, 2020 at 4:04 am Reply

      Lovely and thank you for signing me to new Africa business news, newsletter. Lisbon Portugal. Adam

      • New Africa Business News, Staff Correspondent August 4, 2020 at 4:05 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Belay August 4, 2020 at 4:14 am Reply

      Africa we have abundance of renewable energy, let’s make the best use of it and generate most of our energy need from it. Great report. Time for our governments and people to decide for our destiny. Belay in Johannesburg South Africa.

      • New Africa Business News, Staff Correspondent August 4, 2020 at 4:15 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    8. Francoise August 4, 2020 at 4:26 am Reply

      To my own opinion, I think any of the 54 leaders in our continent that are not producing productive results for our people and continent, should get out of the way. Yaoundé, Cameroon. Francoise

      • New Africa Business News, Staff Correspondent August 4, 2020 at 4:27 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    9. Carmen August 4, 2020 at 4:30 am Reply

      Am a fan of your great online newspaper and also following the newspaper on face book. Thank you very much for reporting and posting it on face book. Carmen in Paris France.

      • New Africa Business News, Staff Correspondent August 4, 2020 at 4:31 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    $12 Billion Environment Financing Center - The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World

    Posted On 24 Mar 2023

    President Samia Suluhu Hassan of Tanzania Inaugurated an Agriculture Program hoped at Committing the Youth to Large-Scale Agribusiness

    Posted On 23 Mar 2023

    New Era for Equatorial Guinea and Cameroon, Signing  Bilateral Agreement through Cross-Border Cooperation

    Posted On 21 Mar 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    $12 Billion Environment Financing Center - The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World

    President Samia Suluhu Hassan of Tanzania Inaugurated an Agriculture Program hoped at Committing the Youth to Large-Scale Agribusiness

    New Era for Equatorial Guinea and Cameroon, Signing  Bilateral Agreement through Cross-Border Cooperation

    Recent Posts

    • $12 Billion Environment Financing Center – The Green Climate Fund permitted to earn African Equity Financial Investment to overcome the Impact of a Warming World
    • President Samia Suluhu Hassan of Tanzania Inaugurated an Agriculture Program hoped at Committing the Youth to Large-Scale Agribusiness
    • New Era for Equatorial Guinea and Cameroon, Signing  Bilateral Agreement through Cross-Border Cooperation
    • South Africa and Stellantis has Greeted a Pact to Develop a Unique Automobile Manufacturing Facility
    • Dr. Akinwumi Adesina AfDB’s President maintains it is time to Develop Youth-Based Wealth to Bolster a Better Comprehensive Nigerian Economy

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.