Key African nations set off on energy & emissions growth paths : Maguire

Gavin MaguireReuters LITTLETON, Colo Nov 22 (Reuters) – African nations made clear at last week’s United Nations climate summit that the region would develop its fossil fuel resources to alleviate fuel shortages, help lift local populations out of poverty and spur vital economic growth. Africa’s electricity consumption growth since 2017 was second only to top power consumer…

IMF to disburse $59 mln to Mozambique after loan review

David LawderReuters WASHINGTON, Nov 21 (Reuters) – The International Monetary Fund said its executive board on Monday completed its first review of Mozambique’s three-year loan program, allowing for an immediate disbursement to Maputo of about $59.26 million. The review brings total disbursements under the $456 million Extended Credit Facility program approved in May to about $150 million to date,…