Industry Dynamics

This improvement is mostly due to a 31.6% rise in the production at the National Office of Electricity and Drinking Water (ONEE), and that of renewable energies offset by decreased private sector output, the DEPF detailed.

The Ghana Cocoa Board (COCOBOD) has begun a roadshow in Europe to raise about US$1.3 billion dollars for the 2022/2023 cocoa crop season, a move that will bring inflows of dollars into the economy to slow down the depreciation of the cedi.

The move will see wind as a source of power generation gain a deeper hold of the Kenya electricity sector, which has risen from a negligible amount in 2018 to account for 16 per cent of the power that Kenyans consumed last year.

The Ghana International Trade Commission seeks to find an amicable solution to unfair trade practices that has been a hindrance to many Ghanaian businesses including the poultry industry.

The lawmaker further divulged that the assessment will be completed in four weeks, and the number of towns will be confirmed accordingly.

CNMC is one of the first enterprises in China’s nonferrous metal mining industry to implement the “going out” strategy and make the most abundant international operational achievements. It is also one of the few China’s central enterprises, whose headquarters President Xi Jinping...

Morocco has invested $5.2 billion in solar projects so far, with the Noor Ouarzazate complex serving as an example of the country’s potential regarding renewable energy.

The private sector is expected to acquire the largest share of the sector's investments by about 70%, while the public sector belongs to the remaining 30%, which is divided between the investments of each of the economic bodies 7.2 billion pounds, and public companies 7.8 billion.

Construction began on Tuesday for the GPM1 solar power plant, the first photovoltaic solar power plant in the Tangier-Tetouan-Al Hoceima (TTA) region, with several regional officials attending the launching ceremony.