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The Kakono will be a run-of-river hydropower project with an annual energy-generating capacity of 573GWh. The project, expected to be operational by the end of 2026, will generate clean energy for up to 4 million people. This investment will not only benefit Tanzania but also contribute to the sustainable development of the region.

In a collaborative effort to propel Africa’s transition towards a sustainable future, AfriLabs, a pan-African network of innovation hubs, has partnered with Emerge Green Africa.

The European Union has committed €37 million ($42.8 million) to extend the Blue-Raman submarine cable into East Africa, a move expected to strengthen internet connectivity, reduce bandwidth costs and support the region’s growing digital economy.

Ethiopia has signed investment agreements valued at approximately $13.1 billion, marking one of the largest recent foreign direct investment (FDI) inflows announced in Africa.