Central Africa Investing Top Stories 

African Energy Chamber pushes BEAC to postpone Forex regulations

The African Energy Chamber, which represents nearly every segment of the energy sector in Africa, is pleased to announce the extension on the implementation of the BEAC (Banque des États de l’Afrique Centrale) Forex Regulation from January 1st to December 1st, 2021. This is based on the decision on November 5th, 2020 made by H.E. Abbas Mahamat Tolli, Governor of BEAC, to delay the implementation.

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Investing Southern Africa Top Stories 

US$14 billion Needed Annually for Sub-Saharan Africa Power Sector

The cost of addressing the needs of Sub-Saharan Africa’s power sector has been estimated at US$14 billion a year, which is equivalent to 6% of Africa’s gross domestic product. This was said by South Africa’s Energy Department Minister Jeff Radebe while delivering his welcome speech on the opening day of the two day Power & Electricity World Africa 2018 expo at the Sandton Convention Centre in Johannesburg.

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