Latest news - top stories

COP28 panel

As COP28 opens in Dubai, Africa is left behind in global climate finance boom

A series of increasingly high-profile and commercialised UN climate change summits has driven a global boom in climate finance, but Africa is being left behind as a result of poor infrastructure, weak governance and other issues.

As discussions start at COP28 in Dubai, African Energy assesses the data and what needs to change if Africa is to hit its climate change targets.

Issue 496 - 01 December 2023

Pin Power, Strategy & risk

Latest Views - Free

Africa IMF data

Africa's currency crises return, amid barter deals and debt woes

In a recent conversation, an independent power producer (IPP) told African Energy that its southern African utility client has been paying for its electricity “more or less on time”. The problem was those payments were being made in a local currency that cannot be exchanged as “the central bank has no money”. The IPP could turn to international arbitration to try and enforce its contract terms, “but what’s the use of that,” the executive asks, “when there’s nothing to be had?”

Issue 496 - 04 December 2023

Pin Kenya, Nigeria

Pin Power, Strategy & risk

Latest headlines

Latest issue in PDF

Latest issue

Issue
496

01-12-2023

Download Download PDF

African Energy news archive

Search our archive for articles dating back to 2008 or explore past issues in PDF back to issue number one in 1998.

Latest reports

South Africa energy transition report

South Africa's energy transition report

Other

In a major investigation, African Energy has probed unanswered questions about South...
Uganda map focused on Lake Albert oil and gas fields and Eacop

Uganda special report, November 2023

Other

This report collects togther a series of articles on Uganda's energy sector...

Contact us

Jon Marks
Editorial director

Ajay Ubhi
Head of data

Alex Wark
Head of business development

Tel: +44 (0)1424 721667

Discover subscription options

Follow us on Google News