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Ethiopia: A Beacon of Renewable Energy in Africa Ethiopia stands at the forefront of Africa's transition into renewable energy. What's truly remarkable is its reliance on eco-friendly energy sources, predominantly hydroelectric power. Have you ever paused to consider how a nation achieves such an environmental feat? This was effectively highlighted by Fitsum Assefa Adela. She articulated that Ethiopia harnesses almost 100% of its electricity from renewable sources through a distinct…

Kenya’s administration is on the cusp of securing a hefty $1.5 billion loan from the United Arab Emirates at an 8.2% interest rate, aiming to address the financial shortfall plaguing the East African nation, a source in the know told Reuters. "Kenya is broadening its budget support sources," noted the insider, hinting that "the deal is practically in the bag." The finance ministry and central bank of the UAE didn't immediately respond to requests for a statement. Kenya's Finance Minister John Mbadi and top ministry…