According to the African Development Bank (AFDB), more than 30 million Africans (about 3% of Africa’s total population) are living outside their home countries. This figure includes those living within other African countries. These African migrants send money to their families in Africa. Remittances by African migrants play an important role as a source of financing and foreign exchange for African households and countries. For Africa as a whole, remittance inflows have more than quadrupled since 1990, reached US $40 billion in 2011. This represents about 3% of Africa’s total GDP. Globally, the amount of remittances reached US $300 billion in 2010, surpassing foreign direct investments (FDI) and official development assistance (ODA) combined.
The traditional plastic bottle is associated with high carbon emissions, and that is set to change with the onset of a PET bottle made of 100% plant materials. The bottle was launched earlier this month by Coca Cola, and is set to help the company eliminate dependency on fossil fuels for production of PET bottles. Coca Cola has, through the previous PET bottle made of 30% plant material, achieved substantial cuts on global emissions and the new development to produce a 100% plant bottle is a key to sustainable packaging.
Over the past decade, the importance of money transfer flows between African countries and the rest of the world has received widespread attention from the media, governments, development agencies and the private sector. This attention, and especially the quantiﬁcation of money transfer ﬂows, has brought greater competition and the adoption of new technologies among Money Transfer Operators (MTOs). Together these factors have contributed to sharply lowering the cost of sending money.
In African countries experiencing economic growth, increased population and rapid urbanization– waste management has become a constant thorn in their sides. Aided by the rejection of common waste management practices by environmental lobbyists due to the dire negative impact on the environment, this has made the disposal of waste more difficult.
Sanitation and water treatment in the developing world is set to change with the onset of the Omni Processor. The Bill Gates and Melinda Gates Foundation have decided to invest in a machine that turns sewage into drinking water and can also generate energy. Just as importantly it is relatively low-cost, making it a technology that can be rolled out quickly in emerging economies.
West Africa's largest healthcare project has been launched in Accra, Ghana. The Eco Medical Village is set to become a 1,100-bed sub-regional project, providing specialized medical centers across 40 acres. Offering African's an alternative to traveling to India, Europe or the US for their healthcare needs, it also keeps this valuable investment within West Africa.
The United Nations Environment Programme in collaboration with Bloomberg New Energy Finance released their annual Global Trends in Renewable Energy Investment 2018. The report focuses on investment in renewable power and fuels - wind, solar, biomass and waste, biofuels, geothermal and marine projects, and small hydro-electric dams. The rise of solar power has dominated renewable energy investment in 2017, more than that new coal, gas and nuclear plants put together.
One of the most exciting ventures a country and its cities can undergo is that of modernizing and redeveloping its buildings. The progress made is almost always positive, and literally can give cities a new face. Major infrastructure projects in Vietnam are not so slowly transforming the city for the better, upgrading various aspects ranging from transportation to water treatment and infrastructure.
In Northern Upper East Ghana, a water conservation technology is enabling about 400 smallholder farmers from 10 communities to farm in dry seasons. As a result they are now getting at least two crop seasons annually as opposed to one, after implementing the PAVE irrigation Technology which harvests flood and rain water, and stores it in underground aquifers where it lasts for up to 180 days.
In Rwanda, a ‘Pico-hydro’ refers to a power system with a capacity less than 50kW. Their advantage over other power systems is their cost-effectiveness and simplicity, and come in different designs, planning and installation processes. It is an economical source of power that has proven useful in delivering clean energy to some of the world’s poorest and most remote places.
Whether they are consumed as grains or flour they are always products in high demand in Africa - these being cereals such maize, sorghum, millet and wheat. One of the issues with these widely consumed crops is when people want to grind them and consume them as flour, with most remote areas lacking access to electricity and therefore use expensive fossil fuel to run milling machines.
Better housing is one of the key indicators of the economic development, but most developing countries still have a challenge to secure clean homes for their habitants. Dirt floors are often responsible up to 80 percent of diseases. In most cases, parasites live in soil in form of feces and bacteria that can be contagious by either absorption or a simple contact. EarthEnable has introduced a solution to all those problems.
The Croton tree, which is commonly known as Mukinduri in Eastern and Central part of Kenya, is now a good known source of biofuels and that is being practiced. It grows in a challenging environment and unlike jatropha and palm, it won't bring food and fuel competition. It has no chemical additives and burns cleaner than traditional diesel fuel, with no sulfuric content. It can save our environment from carbon emissions and help in better land usage.
Many companies use traditional methods to measure the impact of solar power investments such as quoting the many dollars invested, number of people using their kits and areas covered by their product, which are inadequate tools for measuring social impact for solar power investments if we have to get it right. Traditional approaches of gathering data are not only expensive, take time to give results and complicated to use, but are also not helpful in terms of boosting solar power funding. The lean data approach proposed by Acumen could, not only bridge solar power funding gaps in developing worlds, but will also help companies to understand emerging markets.
Research undertaken by Greentech Media (GTM) predicts that over the next five years, the global solar market will demonstrate a cumulative average growth rate of around 8%, with emerging economies including India and Latin America leading the progress.