– Variouscountries are turning towards geothermal energy – Kenya hopes to double capacity over the next five years – South-east Asian governments offer incentives to encourage investment – High drilling costs pose barrier to further development While solar and wind are the dominant segments in the transition to renewables, a number of emerging markets are looking to geothermal…
En Français The African continent accounts for around 6% of global sugar output, half of which is concentrated in COMESA countries – a figure that is set to expand to 8% by 2029. While local production takes place on a relatively small scale, countries in the region are among the world's largest net exporters. Looking ahead, the industry's continued development will be supported by the Africa…
– Pandemic-related disruptions and natural disasters resulted in significant crop losses in 2020 – Agricultural insurance is seen as a tool to provide growers and governments with more stability – Successful models in India and Kenya provided a blueprint for state and private collaboration – Increased protection seen as key to boosting food security as the effects of climate change grow In…
– Textile and fashion is the world’s second-largest industrial polluter, behind oil and gas – Concerted efforts are being made to create more sustainable business models – Two solar-powered, sustainable textile plants under construction in Togo and Benin – Increased cotton processing could mean value-added textile earnings stay in West Africa With textiles and fashion expected to…
On fuelling economic growth in Africa through insurance penetration In what ways did the Covid-19 pandemic impact the insurance sector in Africa? FARID CHEDID: Government measures to reduce the spread of Covid-19 such as national lockdowns have translated into slow economic growth, and in some cases recession. The performance of the insurance sector is traditionally closely linked to that of the…
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En Français This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group. The video presents — with the use of graphical data — the region’s export potential, food security challenges and how the creation of the African Continental Free Trade Area (AfCFTA), and increasing…
