Wednesday , 24 December 2025

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Botswana, Namibia to sign 5-GW solar plan

Bloomberg Botswana and Namibia are set to sign an agreement to develop solar projects of as much as 5,000 megawatts through installations built across their mostly flat, sunny landscapes. The southern African nations are working with US government initiative, Power Africa, to help structure the deal, Namibian Mines and Energy Minister Tom Alweendo said in an interview. The electricity will …

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European firms consider Congo hydrogen plant

Bloomberg German turbine makers and natural gas companies are exploring producing green hydrogen in the Democratic Republic of Congo, home to what could become the world’s largest hydropower complex. Should the project go ahead Congo would join Morocco as a potential site for hydrogen production in Africa. The North African country this year signed a memorandum of understanding with Germany …

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Target soars most as big retail winner in pandemic

Bloomberg For nearly all retailers, the pandemic has meant shoppers check out less often and stock up on each trip. But Target Corp bucked that trend with record sales and profit last quarter, emerging as a winner in the Covid-19 era. The shares jumped as much as 13% to their highest price ever last week after Target reported a 4.6% …

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