10, May 2017
African Development Bank to invest on Public Private Partnership 0
The African Development Bank has launched a program to promote Public Private Partnership (PPP) Development program in Central Africa. The program on infrastructural development opened in Yaoundé on Monday the 8th of May 2017.
The Director of the African Development Bank for Central Africa, Dr. Ousmane Dori presented numerous financial constraints, faced by African governments. He also noted the importance of exploiting the Public Private Partnership model.
Participants also reflected on other options that can help cover the cost of insufficient infrastructure such as roads, buildings, electricity. Phillippe Genoux, a PPP Consultant said the model will facilitate the financing of projects relieving governments from huge burden.
CRTV



















10, May 2017
Obama says no country ‘immune’ from climate change 0
Former US President Barack Obama has voiced alarm about climate change, warning that no country would be safe. No country, “large or small, rich or poor, will be immune from the impacts of climate change,” Obama warned on Tuesday at a food summit in Milan, Italy. Speaking at the Seeds & Chips Global Food Innovation Summit he said, “Our changing climate is already making it more difficult to produce food”.
Obama’s warning comes amid speculations that President Donald Trump, who is a skeptic of climate change, could pull the US out of the landmark Paris Agreement, reached at the end of 2015. Under that agreement, world leaders agreed to make sure global warming stayed “well below” 2 degrees Celsius and to pursue efforts to limit the temperature rise to 1.5 degrees Celsius. Climate change is a hoax “created by and for the Chinese in order to make US manufacturing non-competitive,” Trump said during his election campaign.
However, the former US president insisted on Tuesday that both the US and China were responsible to lead the way in the fight against climate change. “It’s important that big countries that are big emitters like the US and China… lead the way,” and others follow suit, Obama told the summit. “The current [Trump] administration has differences with my administration in terms of environmental policy,” he said. “Because of the debates taking place in the current administration the steps may be taken more slowly than they would have been done, but I’m confident,” he added.
“The good news is the private sector has already made a determination that the future is clean energy. Those things are locked in now, into the energy sector,” Obama added During his election campaign last year, Trump had vowed to pull out of the landmark 2015 Paris climate deal, if elected.
Source: Presstv