Capital risk, policy inconsistency blight Africa’s energy transition
According to IRENA research, 473 gigawatts (GW) of renewable energy capacity was added globally in 2023, with renewable energy accounting for 87% of newly installed capacity
By Kennedy Nyavaya
Oct. 21, 2024
Zim, Malawi get US$35m AfDB climate disaster grant
The funding comes amid the country suffering one of its worst droughts in recent years, with the 2023/24 agricultural period recording a huge drop in yields.
By Business Reporter
Oct. 15, 2024
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CABS eyes stronger ties with AfDB with new policies
The bank is seeking to safeguard the interests of its stakeholders and reduce or eliminate any negative impacts on society and the environment from its partners through the ESG policy.
By Tatira Zwinoira
Oct. 13, 2024
Zim’s energy crisis: A 6,1% GDP drain and the path to economic revival
International financial institutions, such as the World Bank and the African Development Bank, can provide crucial technical assistance and financing for energy projects.
By Lawrence Makamanzi
Sep. 17, 2024
Crushing weight of debt: How Zim’s ballooning arrears are devastating communities
While some of the debt has been contracted with intentions to develop the country, the failure to adequately manage them has put the country in debt distress.
By Yollander Millin
Sep. 13, 2024
AfDB pushes for reform, debt resolution to unlock funding
Mupotola said the AfDB has been engaging in constructive discussions aimed at implementing technical solutions to improve Zimbabwe’s macro-economic environment.
By Tafadzwa Mhlanga
Aug. 9, 2024
A rude awakening for Zim
Upper-middle-income economies are those with a gross national income per capita between US$4 466 and US$13 845, according to the World Bank.
By Newsday
Aug. 8, 2024
Zim’s US$3,7bn financing gap derails Vision 2030: AfDB
Government is confident of meeting the 2030 target, banking on growth in mining and agriculture and infrastructural development.
By Tatira Zwinoira
Aug. 6, 2024
Prioritise value-addition, AfDB tells Sadc leaders
Most African countries produce and export mainly unprocessed crops or minerals, losing out billions of dollars in potential revenue in the process.
By Tafadzwa Mhlanga
Aug. 4, 2024
