Industry Dynamics

The volume of electrical energy produced domestically increased by 6.9% at the end of August 2021. The growing rate comes after a decline of 6.3% a year earlier, according to the latest report of Morocco’s Department of Studies and Financial Forecasts (DEPF).

Ethiopia amasses an extra USD 120 million from coffee export during the first quarter of the budget year surpassing its projection.

Exports and fixed investment are expected to see steady recoveries in 2021 with both contributing 0.8% to real Gross Domestic Product (GDP) growth, the 4th Quarter 2021 Country Report by Fitch Solutions.

The potential energy outputs from the use of this technology total to about 13 million MWh per year, with 6.6 million MWh from the agricultural sector, 3.5 million MWh from forestry, and 3.3 million MWh from waste management resources.

Entangled, since the fall in oil prices in 2016, in an economic crisis that has been further aggravated by the Covid-19 pandemic, Africa's most populous country must diversify its economy and create jobs for its more than 200 million inhabitants.

Cashew production in Ghana dates back to the 1960s, with production for export markets expanding significantly in the last decade. The Ghana Export Promotion Authority is currently working with Cashew Industry Association of Ghana to increase local processing.

KenGen and the Nairobi Metropolitan Services have partnered to develop a waste powered energy plant in Nairobi.

In Benban, the EBRD has also led the way in providing finance to roll out innovative bifacial panels, a product that is more efficient and achieves greater productivity in the generation of solar power, the announced statement revealed.

In yet another sign of its continued efforts to combat climate change through the use of renewable energy, Morocco will install its first floating photovoltaic power plant in the coming weeks in the Sidi Slimane province.