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Wanted: funding models that deal with Africa's infrastructure paradoxes - Vimarsana News

Wanted: funding models that deal with Africa's infrastructure paradoxes

On the Mbei river, about 85km east of the Gabonese capital of Libreville, plans are well advanced for a 34MW “run-of-the-river” hydroelectric plant. Unlike bigger hydroelectric stations that depend on a dam, Kinguele Aval will have a modest reservoir that should, at least in theory, minimise environmental destruction. It is expected to generate enough electricity for one in six residents of Libreville, a city of about 700,000 people The $205m plant will be owned by a joint venture between Gabon’s sovereign wealth fund and Meridiam Infrastructure Africa Fund — a French inve...

Chinese firms have dominated Africa's infrastructure projects - Vimarsana News

Chinese firms have dominated Africa's infrastructure projects

The research shows Chinese companies hire large numbers of local employees.

A visa-free Africa will give Africans more access to their continent and business opportunities - Vimarsana News

A visa-free Africa will give Africans more access to their continent and business opportunities

A visa-free Africa will give Africans more access to their continent and business opportunities By Opinion By Ofentse Hlulani Mokwena Right at its borders, Africa has not realised that it perpetuates sovereignties drawn by colonial lines, scrambling its resources, potential for development and inhibiting dignified development and growth. While the headlines do not cover the issue now, it remains unresolved, waiting to hold trade and mobility hostage once more. The hostile queues at border posts have led to delayed supply chains in freight transport, and have become potential super-spreaders ...

Source: iol.co.za