OFID approves $12M loan to Gambia for energy boost

OFID Ministerial Council and Governing Board meetings in Seefeld, Austria

The Governing Board of the OPEC Fund for International Development (OFID) announced on Monday the approval of a $12 million loan for the Gambia to boost NAWEC’s electricity supply. 

The money meant to be invested in the Kotu Power Station is expected to provide the population, particularly unconnected communities, with an affordable and consistent supply of electrical power, OFID said on June 18. 

ECOWAS BUSINESS FORUM IN GAMBIA TO FOCUS ON ICT

The sub-regional economic bloc, the Economic Community of West African States, ECOWAS, on Monday announced that its 4th Business Forum and the 2^nd Private Sector Awards to take place in Gambia in September 2012, will be focusing on Information and Communication Technology (ICT) development.

The announcement followed a meeting by the Committee comprising representatives of the ECOWAS Commission, Regional Business Associations (RBAs) and other stakeholders, from May 2-3, 2012 in the Gambian capital, Banjul.

Highlights from the Africa Carbon Forum in Addis Ababa

Highlights for Friday, 20 April 2012

DAILY WEB COVERAGE

| Wed 18 April | Thu 19 April | Fri 20 April |

The fourth Africa Carbon Forum concluded its discussions today at the United Nations Conference Centre in Addis Ababa, Ethiopia. Participants convened over three days to discuss the latest developments in the carbon market and to identify means by which the Kyoto Protocol’s Clean Development Mechanism (CDM) and other mitigation mechanisms can be successfully applied in Africa. Today’s meeting included plenary sessions on forestry and agriculture and on global perspectives on the future demands for offsets; two round table discussions on benefits to Africa from “climate smart agriculture” and on carbon market linkages. Two workshops were also conducted on new market mechanisms and on REDD+ linkages between projects and national frameworks. As well, two training sessions provided participants with information on establishing national/regional grid emission factors and on carbon and sustainable agriculture land management. John Kilani closed the Forum at 5:20pm.

GYIN-Gambia's SG, Meita Touray In Ethiopia

GYIN-Gambia SG Meita Touray

(Mansabanko) - Ms Meita Touray Secretary General of the Global Youth Innovation Network-Gambia acronym GYIN-Gambia, who is also a Reporter with the Daily Observer Newspaper has been invited to attend the fourth Africa Carbon Forum (ACF) which is schedule to place in the Ethiopian Capital Addis Ababa from the 18th-20th April 2012. Ms Touray on Tuesday 17 April, 2012 left Banjul International Airport for Ethiopia. 

The Forum organisers are the African Development Bank (ADB), International Emissions Trading Association (IETA), United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP), UNEP Risø Centre, United Nations Framework Convention on Climate Change (UNFCCC), World Bank and its World Bank Institute, and is supported by the Ethiopian Environmental Protection Agency.

Green Africa Exposing Opportunities Under The AGOA

Prof Darryl R.O. Prevost

The Green Africa Tour, an initiative of the CADIA Institutes and Academies in the United States of America was established to help expose the prospects offered under the Africa Growth and Opportunities Act, AGOA.

The AGOA, an initiative of the US Government in 2000 is meant to step-up trade between the United States of America and the African continent.

According to Prof Darryl R.O. Prevost, President AAADAC Alumni Clubs and Executive Director CADIA Institutes and Academies, the Green Africa Tour represents the development of a mature and direct supply chain of fair trade and organic products from Africa.

ON THE HOME FRONT

Gambia Among Eight Most Difficult Countries To Do Business

Also in the news…

• Tourism Industry Declining, Energy Unveiled As The Most Expensive For Hotels
• Gambia Among Eight Most Difficult Countries To Do Business
• Brig. Gen. Robert Ferrell Harps On Good Communication, Successful Operation
• AIDS Forum on Advocacy and Human Rights ends
• President Jammeh Eyes The Way Forward In Human Capital Investment
• 2.6 Billion People Still Lack Access To Improved Sanitation
• Jeshwang Women To Bargain With Crocodiles
• Gambia sustainable land management project lunched

AFRICA: Converting borders ‘from barriers to bridges’

More stories

·         AU observe 1^st ‘African Border Day’

·         Special Court indicts five for contempt, alleges interference with witnesses

·         Senegal: IMF Completes 1^st Review Under Policy Support Instrument 

·         German Westerwelle welcomes tougher sanctions against Libya

·         Review: Implementation of 2010 annual work plan on euro 55 million support programme

·         Dr. Ping meets AUHLIP Team, discusses Abyei 

·         Making Sense of Libya

·         Film Festival Presents 148 African movies

·         ICAP completes acquisition of ‘moving pictures film and TV’

·         Amnesty exhort SADC to deal rights abuses to ensure peaceful Zimbabwe-elections

·         Faith communities confronts unethical ‘scramble for Africa’s carbon space’

·         Denying Terrorists Safe Havens

Xodus Group Announces Arrival in Africa

LAGOS, Nigeria, May 9, 2011/PRNewswire via African Press Organization (APO) / — Nigeria Joint Venture Will Pursue Robust Growth Strategy in Oil & Gas

International energy consultancy Xodus Group today joined forces with Nigerian company Mos Baker to launch a brand new operation in Lagos called XMOS.

XMOS brings integrated field development and front end services to the African oil and gas markets with an initial focus on three divisions, process and facilities, flow assurance and subsea engineering. Ultimately the full suite of Xodus services will be rolled out which will add technical safety, environmental and subsurface capabilities.

ECOWAS deeply concerned about the deadlock on EPA negotiations

Calls Ivorian crisis a ‘Major threat’ to peace and security and  Renews Nigeria’s mandate as Chair

Goodluck will continue as chairman of ECOWAS if he wins April Polls

The Economic Community of West African States (ECOWAS) has expressed deep concern about the deadlock in the EPA negotiations due to persistent divergences between the European Union and West African parties.

These concerns were contained in a Final Communique reached by the sub-regional economic bloc at the 39^th Ordinary Session of the Authority of Heads of State and Government of ECOWAS held in Abuja, Nigeria from March 23-24, 2011.

As per the Economic Partnership Agreement (EPA), the Heads of State and Government affirm their common position as follows: preserve the independent resources of regional organizations by excluding ECOWAS Community Levy and the UEMOA Community Solidarity Levy from the scope of the tariff liberalization; Ensure a sustainable and gradual liberalization that safeguards the region’s tax revenue, its development capacity and avoid a reversal of the recent regional integration achievements, therefore, West Africa is ready to offer to the EU a maximum of 70 percent market opening over a period of 20 – 25 years; and ensure additional financial resources from the EU for the financing of the EPA Development Programme (EPADP).

Over 4, 500 delegates to attend 2011 Investing in African Mining Indaba

Her Excellency, Minister Susan Shabangu, Minister of Mineral Resources, of the Republic of South Africa will officially welcome a Global Audience to Mining Indaba XVII on 8 February 2011

Investing in African Mining Indaba is honoured to have Minister Shabangu to address more than 4, 500 confirmed delegates for the upcoming 17^th Annual Investing in African Mining Indaba on 7 – 10 February 2011 in Cape Town, South Africa.