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Fossil fuel firms investing in Africa face risk of regulatory action, US climate envoy says - Vimarsana News

Fossil fuel firms investing in Africa face risk of regulatory action, US climate envoy says

Western fossil fuel companies looking to develop deposits in Africa need to consider significant risk of regulatory action as on other continents as the world moves to try to tackle climate change, a U.S. climate envoy said on Friday.

Zambia's new president vows to cut 'unsustainable' public - Vimarsana News

Zambia's new president vows to cut 'unsustainable' public

Hichilema inaugurated in 3rd peaceful change of power Zambia was Africa's first pandemic-era sovereign default Its external debt currently sits at $12 billion LUSAKA, Aug 24 (Reuters) - New President Hakainde Hichilema pledged on Tuesday to tackle Zambia's "unsustainable" debt, lamenting that the