Tag Archives: NORWAY

Norway allocates NOK 700 million to Tanzanian rural energy fund

OSLO, Norway, April 11, 2013/African Press Organization (APO)/ Norway and Tanzania have signed an agreement under which Norway will provide NOK 700 million to Tanzania over a four-year period. This funding will be channelled to a rural energy fund in Tanzania that will give people in rural areas access to electricity. read more

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African Utility Week to focus on getting investors excited about power projects on the continent

African Utility Week brings together the entire ecosystem for the African water and power sector, from high level government representatives, utilities and municipalities, regulators and power pools to consultants, vendors, service providers and energy intensive power users for the purpose of sharing and determining the future development of Africa’s power industry. read more

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Exclusive interview with Jan Martin Witte, Senior Project Manager at KfW Entwicklungsbank

NEW INTERVIEW: “We will provide the incremental tariff payments once the projects have delivered electricity – we shift the entire performance risk to the private sector. “ read more

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Idasa Press Statement on the Release of the Open Budget Index (OBI) South Africa Results, 2012

The Washington-based International Budget Partnership has placed South Africa in second place in its Open Budget Index, with a score of 90 points out of a possible 100. In the last edition of the Index in 2010, South Africa achieved top honours. read more

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HUNGER SEASON BITES ACROSS SOUTHERN AFRICA AS MILLIONS FACE PROSPECT OF FOOD SHORTAGES

by Wallace Mawire

Working with government and partners, the United Nations World Food Programme (WFP) is scaling up efforts to deliver food assistance tomore than 3.5million people in drought-hit areas of southern Africa. Among the worst affectedcountries are Malawi, Zimbabwe and Lesotho. Communities already struggling to feed their families are now bracing for the onset of the so-called hunger season that traditionally lasts from December until harvest time in March, according to a WFP spokesperson. read more

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Credit Suisse: Global household wealth falls 5.2% to USD 223 trillion, with Eurozone crisis as backdrop

 

Europe loses about USD 10.9 trillion of household assets, while Asia Pacific sheds 1.4 trillion read more

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Mobile Payment Methods Show High Potential for Global E-Commerce

The “Global Online Payment Methods 2012” report by yStats.com – Hamburg-based secondary market research specialist – analyzes recent developments in E-Commerce payment methods, first on a global scale and then separately for more than 50 regions and countries worldwide. Additionally, the report features the most important trends and the latest news for more than 40 payment companies in these markets. read more

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Ten Central African countries agree to improve forest monitoring / €6 million project to set up national monitoring systems and strengthen regional cooperation

 

ROME, Italy, July 26, 2012/African Press Organization (APO)/ — A new regional initiative will help ten Central African countries to set up advanced national forest monitoring systems, FAO announced today. The ten countries are part of the Congo Basin and include Burundi, Cameroon, Central African Republic, Chad, the Democratic Republic of the Congo, the Republic of the Congo, Equatorial Guinea, Gabon, Rwanda and São Tomé and Principe. read more

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The successful press launch for the EAOG Summit www.eaogs.com

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Outlook Positive for Manganese Producers

LONDON, February 1, 2012 /PRNewswire/ — read more

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Investor Demand for World’s Energy and Mining Companies Drives Depositary Receipt Trading and Capital Raisings in 2011, Says BNY Mellon

Nearly $1.5 trillion of DRs for oil, gas and mining firms traded in 2011, up 23% from 2010; $4.3 billion in capital raised by energy/mining companies outpace all industries read more

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Donors save Malawi on drug shortage

Following the shortages of drugs in Malawian public hospitals, the country cooperating partners whohave been witholding aid for the sab saharan african country Malawi have come to its recues thorough the donation of essential drugs for a period of 18 months to primary health care facilities Britain through DFID, Republic of Norway and Germany government come to the rescue of Malawians who have been succumbing to drug shortage since September 2011 with about 33 million us dollars for the procurement of the drugs.
USAID and UNICEF are the implementers of the whole project and will work in close collaboration with Malawi government Speaking at the official handover of the donation, Norwegian head of operations Jan Haakon OLSOON said about ten million us dollars commitment for the project.
“This gesture shows my government commitment on the improvement of the health sector delivery for all Malawians. It is our wish to see that everybody is receiving treatment whenever they visit the public hospitals,” he said.
Mr Olsoon said his government could have loved if the reforms that are taking place at central medical stores are to be done as soon as possible because he said it’s the only way through which the government’s central drug bank can bring back the citizenry confidence.
In September last year, government announced measures aimed at improving the drug situation in the country some of which are pumping in MK1.8 billion for procurement to restock central medical stores warehouse with various essential drugs and supplies.
He said the money that has bee used to purchase the drugs is part of the frozen aid that his government is withholding.
His counterpart, the Germany ambassador to Malawi Dr Peter Woetse’ Said the procurement of the drugs is a step forward in as far as donor’s commitment towards the countries development as well as in times of emergency.
However head of DFID Sara sayahumbi said donors are assured that the procurement of the drugs will make a different as countries are pressed on attaining the 2015 Millennium development goals. The drugs will enable health facilities in the country to treat up to 1.5 million episodes of diarrhea, 1 million episodes of acute respiratory infections and 264, 00 episodes of malaria for the period of 18 months.
The procurement of the drugs is the first biggest miracle to Malawi since the freezing of aid by the donors. read more

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