Why AFC’s Cabeólica Wind Farm stake is significant

Africa Finance Corporation (AFC) recently completed the purchase of InfraCo Africa’s stake in the Cabeólica Wind Farm. Continue reading “Why AFC’s Cabeólica Wind Farm stake is significant”


Kenya aims to tackle growing degradation of wetlands

Database of Press Releases related to Africa - APO-Source



Kenya Aims to Tackle Growing Degradation of Spectacular and Vital Wetlands / Strategy to Conserve Wetlands Should Align with Ramsar Convention’s Main Pillars, Says Kenya Wetlands Atlas


NAIROBI, Kenya, July 31, 2013/African Press Organization (APO)/ Kenya is embarking a long-term strategy to conserve and enhance its rich and varied wetlands—key natural resources important for agriculture, drinking water, flood defense and tourism—amid concern that many are facing serious degradation and decline.


The Kenya Wetlands Atlas, produced with funding from the Government of Kenya and the Danish International Development Agency (DANIDA) and technical support from the UN Environment Programme (UNEP), details the many challenges facing dozens of important ecosystems.

In order to reverse the worrying trend of degradation, the atlas highlights the need for Kenya to embrace a raft of measures under the Ramsar Convention on Wetlands’ main pillars of wise use, designating and managing more Wetlands…

View original post 1,128 more words

African Development Bank to deepen and expand its work in the energy sector

President Kaberuka welcomed the initiative, “Power Africa is a timely initiative and the Bank will work with the six countries for a successful implementation.”

The African Development Bank (AfDB) will, as part of its support for US President Barack Obama’s Power Africa initiative, deepen and expand its work in reforming the energy sector. Continue reading “African Development Bank to deepen and expand its work in the energy sector”