Saturday, March 19th, 2011
The African Development Bank (AfDB) Group and the Government of Morocco, today signed six loan and grant agreements amounting to €303 million (3.4 billion dirham). Morocco’s Economy and Finance Minister, Salaheddine Mezouar and AfDB Regional Director, Nono Matondo Fundani co-chaired the signing ceremony in Rabat. The agreements include a €300 million (3.4 billion dirham) investment loan
Saturday, March 19th, 2011
Germany is among the world leaders when it comes to taking steps to save the environment. But many of the measures are not delivering the promised results. Biofuels have led to the clear-cutting of rainforests, plastics are being burned rather than recycled and new generation lightbulbs have led to a resurgence of mercury production. Read
Saturday, March 19th, 2011
Thousands of Chilean families are facing water shortages, and the drought’s economic effects are already rippling through the agricultural and energy sectors. On Thursday, the agriculture minister announced a little over US$1 million for an irrigation project in Limarí, in the northern region of Coquimbo, which is experiencing its sixth consecutive year of drought. Read More
Thursday, March 17th, 2011
The building of 11,000 homes in the districts of Lubango and Matala, in southern Huila province, will kick off next May, Angop learnt on Wednesday from the State secretary of Urbanism and Housing, Joaquim Silvestre. Speaking to the press at the end of a two-day visit to Huila province, the government official said that 10,000 houses
Thursday, March 17th, 2011
Germans are buying Geiger counters and the government has shut almost half the nuclear plants as a wave of angst has gripped this risk-averse nation in the wake of the Fukushima disaster. The fear is unwarranted and damaging, and Chancellor Angela Merkel is pandering to it to secure her political future. Read More
Thursday, March 17th, 2011
A major tidal energy project is to be built in the Sound of Islay off the west coast of Scotland. The Scottish government is to approve plans for 10 tidal turbines, which will generate enough electricity to power more than 5,000 homes. Scottish Power Renewables is behind the scheme, said to be the world’s largest. It has put
Thursday, March 17th, 2011
CG/LA Infrastructure LLC announced the release of its annual list of the Top Infrastructure Projects in Latin America. Total project value is greater than US$200 billion, equivalent to more than 5% of the region’s GDP, and with the potential to create over 3.1 million new jobs in the region. Key drivers are Brazil’s massive oil
Wednesday, March 16th, 2011
“GHN serves as an early warning system for our irreplaceable global heritage sites on the brink of being lost by engaging a broad community of conservators, archaeologists, local communities, government officials, donors, and volunteers to save our global heritage for future generations,” said Jeff Morgan, Executive Director of GHF. Read More
Wednesday, March 16th, 2011
Oil major Royal Dutch Shell yesterday announced plans to invest $100 billion (£62.4bn) in new projects as it seeks to boost production to meet soaring demand from emerging markets. It is aiming to produce 3.7 million barrels of oil equivalent per day by 2014, an increase of 12 per cent on 2010 levels. The firm claims
Wednesday, March 16th, 2011
The Norwegian government has decided to put on halt the exploration of the Lofoten area, but instead heightens its focus on the petroleum resources in the Barents Sea. The Norwegian government has decided not to elaborate any consequence study for the Lofoten waters in this election period. Read More
