By Christine Mungai In 1977, the average price of generating energy from sunshine was $76.67 a watt. Today, the price has dropped to just $0.60 a watt. It’s a stunning 99.2% drop in 38 years, and solar energy is soon going to reach “grid parity” all over the world – the point where it is cheaper, or at … Continue reading
By Juan Cole President Obama’s visit to Kenya is of course personal, though he has been there before both as a civilian and as a senator. But it does also have a geopolitical and economic dimension. Kenya is a country of roughly 46 million people, about the same as Spain. But its nominal gross domestic product … Continue reading
Leaders of global and regional institutions including the World Bank, African Development Bank, European Union, Intergovernmental Agency for Development (IGAD), Islamic Development Bank Group, and African Union Commission have pledged more than $8 billion on Monday to boost economic growth and development in addition to reducing poverty in the eight countries that make up the … Continue reading