Staff Writer The UN Climate Crisis Coordinator predicts a high likelihood of a shift to La Niña by July-September, with a 69% chance, increasing to 85% by the year’s end. La Niña is a weather pattern opposite of El Niño. It’s characterised by cooler-than-usual ocean temperatures in the equatorial Pacific Ocean. La Niña is part…
Staff Writer The African Development Bank (AfDB) Group has committed 20% of all its financing of energy projects towards promoting safe alternatives to cooking with charcoal, wood and biomass. Speaking at a landmark summit on Clean Cooking in Africa held in Paris, AfDB Group’s President Akinwumi Adesina, pledged US$2 billion over 10 years towards clean…
Staff Writer Piping products manufacturer Proplastics anticipates commissioning its solar project by the end of July this year. Last year, the Zimbabwe Stock Exchange-listed firm’s board approved the implementation of a substantial solar generation project to mitigate the impact of ongoing and significant load shedding. The solar project will reduce the group’s carbon footprint and…
Staff Writer Agro-industrial concern National Foods is upbeat on meeting its production targets despite lower-than-expected agriculture output caused by the ongoing drought. The outlook for the summer row-cropping season is largely negative, due mainly to the devastating El Nino drought conditions currently prevailing. According to estimates, the drought will likely result in lower maize and…
Staff Writer Africa’s solar potential presents multiple opportunities for investors seeking long-term, scalable financial prospects in renewable energy, experts say. Boasting 60% of the world’s best solar resources, the continent has been called to leverage its solar potential to drive sustainable solutions. Speaking at the Invest in African Energy 2024 forum, panelists explored strategies to…
Staff Writer The African Climate Policy Centre of the United Nations Economic Commission for Africa (UNECA) is holding a three-day regional workshop on the implementation of Article 6 of the Paris Agreement on climate change. The workshop, taking place in Victoria Falls, Zimbabwe, focuses on the theme Regulating carbon markets: building capacity for the implementation…
Staff Writer RioZim says it is currently engaging various potential funding partners to finance its 178-megawatt solar projects. The resources group was licensed to install solar power at its four mines – Cam & Motor Mine, Renco Mine, Dalny Mine and the Murowa diamond operation. “The company’s energy projects mainly the 178 MW solar projects are…
Staff Writer UNICEF has launched a US$84.9 million aid appeal to fund its emergency response aimed at assisting children and women affected by the El Niño-induced drought in Zimbabwe. The agency said the funding will provide life-saving interventions to 1.34 million people, including 866,000 children, amidst a complex humanitarian crisis exacerbated by water and food…
Staff Writer Caledonia Mining Corporation’s new solar plant saved the miner US$51 per ounce in costs at its Blanket Mine during the quarter ended March 31, 2024. The miner constructed a 12MW solar plant at a cost of approximately US$14 million to improve the quality and security of Blanket’s electricity supply and to reduce its…
Staff Writer The United Nations (UN) estimates that 7.6 million people in Zimbabwe urgently require humanitarian assistance and protection support during the El-Niño-induced drought. In its drought flash appeal, the UN said it requires US$429.3 million in urgent food aid to assist close to 3.1 million people in the country. Zimbabwe is currently facing the…
