Author - Ferudun Fer

December 2017

NEWS FROM SOUTH AFRICA

The International Monetary Fund (IMF) said on Wednesday that SA’s subdued economic growth of just 0.7% for 2017 was not likely to improve much next year. A delegation from the IMF was in South Africa from October 30 to November 8 to discuss recent economic developments. In an ‘end-of-mission’ statement the delegation’s head Ana Lucía Coronel said the IMF thought it unlikely that economic growth would pick up next year. “Despite South Africa’s institutional strength and favorable global conditions, increasing domestic political uncertainty and [...]

November 2017

INVESTMENT OPPORTUNITY

Biogas Plants to provide rural Schools with Electricity Kenya has begun a drive to construct cow dung-fired biogas plants for public schools in nearly half of the towns in the country aimed at cutting heavy cooking costs. The Ministry of Energy Tuesday invited investor bids to build biogas digesters for schools in 22 counties outside Nairobi, Mombasa and Kisumu cities. Biogas is produced by treating biodegradable waste materials such as paper, crops and sewage in a bio-digester – a sealed tank [...]