Tag Archives: African Development Bank

23May/26

When the world’s biggest dams run dry

May 23, 2026EnvironmentAfrican Development Bank, Ayodele Odusola, EXTREMES Siavonga, Kariba, Kariba Dam, Kariba, Zimbabwe, Lake Kariba, Reservoir, SADC, Siabulimo Chigwambari, Siavonga, Tonga, Tonga people, Zambezi, Zambezi River, Zambia, Zambia and Zimbabwe, Zimbabweadmin

Rising Tides and New Horizons: Lake Kariba’s Hydrological Recovery and Energy Revival

Sat, May 23 2026 /Mpelembe Media/ — Recent developments around Lake Kariba highlight a remarkable hydrological, economic, and safety transformation for the region. Following a severe El Niño-induced drought that caused water levels to plummet to just 13% of usable capacity in 2024, above-average rainfall in the 2025/2026 season has driven Lake Kariba’s water levels up to 42.40% by mid-May 2026. This rapid recovery has allowed the Zambezi River Authority to allocate 30 billion cubic meters of water for hydroelectric power generation, paving the way to ease crippling load-shedding in Zambia and Zimbabwe and triple electricity output at facilities like the Kariba South Power Station. Continue reading →

02Feb/25

Maimbo’s AfDB Candidacy Announcement

February 2, 2025EconomyAFDB, African Development Bank, Common Market for Eastern and Southern Africa, Economy of the African Union, Multilateral development banks, Samuel Maimbo, Southern African Development Community, the southern african development community, Trade blocs, United Nations General Assembly observersadmin

Jan. 31, 2025 /Mpelembe media/ — Samuel Maimbo, endorsed by SADC and COMESA, has launched his candidacy for President of the African Development Bank (AfDB). His platform prioritises rapid economic growth for Africa, focusing on key areas such as trade, financial resources, agricultural transformation, and infrastructure development. Continue reading →

05Sep/23

Is China’s Belt and Road Initiative (BRI) with Africa a one way street?

September 5, 2023EconomyAfrican Development Bank, Belt and Road Initiative, China, Chinese imperialism, Foreign direct investment, Foreign relations of China, Li Keqiang, Sino-African relations, Xi Jinpingadmin

Sept. 5, 2023 /Africa Business/ — China’s Belt and Road Initiative (BRI) is a vast infrastructure project that aims to connect Asia, Africa, and Europe through a network of railways, roads, ports, and other infrastructure. The initiative has been praised by some for its potential to boost economic development in Africa, but it has also been criticized for being a one-way street that benefits China more than Africa. Continue reading →