Algeria re-energised by AfDB loan

Within Algeria’s energy sector, the bank will improve governance and promote renewable energy. “The greater energy sector contribution to the country’s real economy should lead to job creation and private sector development by capitalising on the energy sector supply chain,” said the AfDB.

Africa’s energy sector is rapidly developing as it struggles to meet the demand of a growing and increasingly urbanised population and its growing industries. That has led to problems and opportunities alike for power companies, including in South Africa and Uganda.

To tackle these problems, Japan announced the investment of USD 10 billion in August this year, to improve the African energy sector, at the sixth Tokyo International Conference on African Development (TICAD), held in Nairobi, Kenya, reflecting Japan’s status as one of the largest investors in Africa.

[Full article here | Photo by Magharebia]

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The Euro-Mediterranean AGORA is a way to engage the civil society in the institutional and policy dialogue on research and innovation with the aim of becoming an integral part of the decision making and governance processes.

The Agora is an important component of the broader MEDSPRING project, supported by the European Union with the aim of strengthening the Euro-Mediterranean dialogue and cooperation on research and innovation.