Iran
Tehran's economic crisis spirals beyond control
A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.
Togo and AMEA Power (United Arab Emirates) signed a financing agreement protocol on Saturday in Dubai for the expansion of the Blitta photovoltaic power plant.
Faure Gnassingbé with the official Togolese delegation during the ceremony.
Togo and AMEA Power (United Arab Emirates) signed a financing agreement protocol on Saturday in Dubai for the expansion of the Blitta photovoltaic power plant.
The ceremony took place in the presence of President Faure Gnassingbé.
The document was signed by Mawunyo Mila Ami Aziablé, Minister Delegate to the President of the Republic in charge of Energy and Mines, and Hussain Jasim Al Nowais, CEO of AMEA Power.
The plant will have an additional capacity of 30 MW and additional battery storage of at least 10 MWh, bringing its production capacity from 70 MW to 100 MW.
Named after the UAE President, Mohammed ben Zayed Al-Nayane, the plant will be able to provide clean energy to 158,000 households, serving nearly 790,000 people.
This project exemplifies Togo's ambitions to increase its rural electrification rate to 50% by 2025.
The country's goal is to achieve 50% renewable energy in the energy mix by 2030 and reduce emissions in this sector by 8% by 2025.
AMEA Power is also developing similar projects in Djibouti and Tunisia.
In Togo, the company benefits from financing from the International Finance Corporation (IFC, World Bank Group) and the African Development Bank (AfDB)."
Reporting by Dan Vouli
A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said.
Egyptian-Turkish poet Abdulrahman Youssef al-Qaradawi was pardoned by United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan on Friday, state news agency WAM said, a week after receiving a 10-year jail sentence following his extradition from Lebanon.
HSBC in the UAE has become the first market in the bank's global network to launch an upgrade to its Global Money Account, a fully integrated multi-currency account and debit card designed for the way international customers live, earn, travel and support family across borders.
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