Connect with us

VenturesNow

Zimbabwe sets for 380,000 ton biggest wheat harvest in history

Published

on

Southern African country, Zimbabwe has hinted that it is on the brink of its biggest wheat harvest in history.

Deputy Agriculture Minister, Vangelis Haritatos, said the country in the push to ensure “self-sufficiency at all costs”, expects to harvest 380,000 tons of wheat, 20,000 tons above what is consumed domestically.

The official of the agric ministry says the feat is possible as a result of the country’s sustained efforts to overcome the global shortages of grain caused by the war in Ukraine.

Russia’s invasion of Ukraine in February has caused Europe’s largest refugee crisis since World War II with around 7.3 million Ukrainians fleeing the country and a third of the population displaced. It has also caused global food shortages.

The world and Africa in particular have been hit with a shortage of grains and wheat nearly nine months after the war between Russia and its neighbour erupted. Both Eastern Europe accounts for over 70 percent of the world’s grain and wheat.

VenturesNow

Mozambique President Filipe Nyusi, TotalEnergies, discuss over gas project

Published

on

Discussion on the humanitarian situation in the Cabo Delgado area in Mozambique is ongoing between The head of TotalEnergies and Mozambique President Filipe Nyusi.

TotalEnergies’ chairman and chief executive Patrick Pouyanne had visited the Cabo Delgado area to review the security and humanitarian situation, and Pouyanne had met the Mozambique President during his trip.

The multinational revealed that it has engaged Jean-Christophe Rufin, whom it said was an expert in humanitarian action and human rights, with an independent mission to assess the humanitarian situation in Cabo Delgado province.

Pouyanné said, “since 2021, the situation in Cabo Delgado province has improved significantly, thanks in particular to the support provided by the African countries that committed themselves to restore peace and security.”

“The mission entrusted to Jean-Christophe Rufin should enable Mozambique LNG’s partners to assess whether the current situation allows for a resumption of activities while respecting human rights,” he added.

A force majeure’ was declared in 2021 on TotalEnergies’ Mozambique LNG project, valued at $20 billion, due to regional unrest after an insurgent group linked to Islamic State attacked the northern town of Palma.

Continue Reading

VenturesNow

Sierra Leone, Liberia, 2 others, receive $311 million from World Bank for renewables

Published

on

Four West and Central African countries are set to receive aid worth $311 million from the World Bank after signing an agreement that would improve renewable energy projects.

The countries, Sierra Leone, Liberia, Togo, and Chad will receive funds will finance around 106 megawatts (MW) of solar power generation capacity with battery energy and storage systems, and a 41 MW expansion of hydroelectric capacity.

Commenting on the development, Sierra Leone President Julius Maada Bio, who presided over the signing ceremony on Wednesday, said the deal was the beginning of a revolution in energy supply and access in the respective countries.

“We are paying far more for energy now than we were 18 months ago. Very high and rising energy prices continue to have an adverse impact on other sectors of our economies,” Maada Bio said.

The World Bank’s Director for Regional Integration, Boutheina Guermazi said the project was the first time four countries had been brought together for a regional energy approach.

“It is a continental approach to make sure that we reach universal access to clean affordable energy by 2030,” Guermazi said, adding that the project would be completed in four years.

The West and Central sub-regions of Africa have one of the lowest electrification rates coupled with some of the highest electricity costs in Sub-Saharan Africa.

Under a new World Bank Regional Emergency Solar Power Intervention Project, the West Africa Power Pool, a regional approach to improve electricity in the sub-region, will also receive some funds approved in December.

Continue Reading

EDITOR’S PICK

Musings From Abroad18 hours ago

Russia’s African influence grows as envoy claims 1,890 ‘instructors’ in Central African Republic

The Russian ambassador to the Central African Republic, Alexander Bikantov has revealed that the country’s military presence in the insurgency-plagued...

Culture18 hours ago

Nigerian first class traditional ruler, Ooni of Ife, makes Hollywood debut

Nigerian first class traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has made an incursion into the movie world...

Metro19 hours ago

66-yr-old South African man sentenced to 18 years for forcefully marrying, raping 13-yr-old girl

A 66-year-old South African man, Bheki Nxasana, has been sentenced to 18 years in prison by a Gqeberha High Court...

Metro19 hours ago

Former Kenyan policeman, three others sentenced to death for murder of human rights lawyer

A former Kenyan police officer, Frederick Leliman, alongside three accomplices, were on Friday, sentenced to death by a Nairobi High...

Tech19 hours ago

Ghana’s agrotech startup, FLUID, launches platform to help small scale farmers access to credit

Ghana’s agrotech startup, FLUID, has successfully launched a new platform that will help small scale farmers access to loans, according...

Sports19 hours ago

Kenya’s Edwin Kibet wins 2023 Lagos City Marathon

Kenyan long distance runner, Edwin Kibet Koech, has won the 8th edition of the Access Bank Lagos City Marathon held...

Metro2 days ago

Egyptian Crocodile Museum celebrates 12th year anniversary

The Egyptian Crocodile Museum, the first ever museum in Africa devoted exclusively to crocodiles, has marked the 12th year anniversary...

Metro2 days ago

Ethiopia’s ancient Orthodox Church accuses PM Ahmed of interference over rebel bishops

A recent crisis that rocked Ethiopia’s ancient Orthodox Church where a group of “rebel bishops” broke away to form a...

Politics2 days ago

Tunisian union, UGTT chief, Noureddine Taboubi accuses President Saied of intimidation

As part of the fallouts of the recently conducted parliamentary elections in Tunisia, its trade union, UGTT accused President Kais...

Tech2 days ago

South African tech startup, Peachz, launches foremost online store for mobile accessories

South Africa’s tech startup, Peachz, has launched an online mobile accessories market place, six months after its formation. According to...

Trending