The partnership highlights a recognition of the role that wind energy is set to play in spurring Africa’s sustainable economic growth, from investment to job creation and local supply chain opportunities.
By agreeing to raise this new funding for Wecyclers, Unilever West Africa Nigeria has chosen to strengthen nine years of cooperation with the Nigerian start-up. Indeed, since 2014, the two companies have been working together as part of Unilever’s ‘Waste to wealth’ campaign, which helps local organisations identify how to create value and jobs from the reduction, collection, recycling and reuse of plastic waste.
With the national grid collapsing about 98 times since 2015, the cost of alternative sources of power for sustaining local manufacturing of cable bears heavily on indigenous companies.
Our power sector is ailing. The energy crises have defeated all our presidents. Buhari is the latest victim. As a presidential candidate of his party in 2007, he issued a manifesto in which he bared his mind on the country’s myriads of social and economic problems and his proposed solutions to them should he receive the people’s thumbs up to become our president. Tackling the energy crises was one of them.
The ‘battle’ has now shifted to fuel subsidy removal without any provocative statement from the government in recent times
“We are back in 2024, aligned to the Formula E and E-Fest again”
“These are clear signals of the importance of Africa to Nissan globally through this new increased focus on the continent” says Joni Paiva who was newly appointed as Africa President. Paiva will also continue his current position as Divisional Vice President, overseeing Sales and Marketing, India.
The ability of engine power plants to run on green hydrogen fuel rather than gas or heavy fuel oil will be a key enabler of Africa’s renewable energy ambitions.
This new power generation paradigm is, in many ways, a perfect fit for Africa. The continent enjoys some of the highest wind and solar energy resources on the planet, which means that the renewable energy plants built here boast some of the best productivity rates in the world.
“The initiative is aimed at Promoting African Rural Economy, Livelihood Income Generation and Sustainable Development through Responsible Reporting (PARELSDRR) project to galvanize African media outlets, and newsrooms to set agenda for increased public expenditures and investments in favour of rural economy of African communities.”
