World Bank cuts Inga Dam money supply on social, environmental concerns
The World Bank has suspended funding to help develop the $14 billion Inga hydropower project in the DRC after a disagreement with the nation over implementation plans.
The World Bank has suspended funding to help develop the $14 billion Inga hydropower project in the DRC after a disagreement with the nation over implementation plans.
South Africa’s government has established a “war room” to tackle energy shortages that have led to managed blackouts and contributed to the economy’s contraction in the second quarter.
That Africa has the potential to be the next driver of global economic growth is indisputable. A billion people, untapped mineral resources, 60% of the world’s unexploited arable land, starting at a low base – the list is long and obvious. But as South Africa found to its cost over the past seven years, all … Read more