See also:
» 09.02.2010 - West African gender fight receives UN boost
» 17.11.2009 - 12 million targeted for west African Yellow Fever vaccination
» 16.10.2009 - Shrinking of Lake Chad could spell regional catastrophe
» 14.10.2009 - ECOWAS holds an extra-ordinary summit to discuss Guinea and Niger
» 02.10.2009 - West African biodiversity corridor high on Abidjan meeting
» 24.09.2009 - Diageo commits more funding to West Africa's access to clean water
» 23.09.2009 - UN steps up work in W/Africa and flashes urgent appeal for Ethiopia
» 16.09.2009 - WHO warns of possible after floods health disaster in W/Africa

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

West Africa
Economy - Development | Agriculture - Nutrition | Science - Education | Environment - Nature

India gives West Africa US$ 250m to develop biofuels

afrol News / SciDev.Net, 23 November - The Indian government will give US$ 250 million towards a fund to boost biofuel production in 15 West African countries. Ghana's Vice President Alhaji Aliu Mahama announced the fund last week at a workshop held in Accra, Ghana, to discuss biofuel financing in West Africa.

The fund will be set up by the Bank for Investment and Development (EBID) of the Economic Community of West African States, according to Mr Mahama.

Biofuel is an attractive source of energy for West African states because it can protect their economies against rising crude oil prices on the world market. It is also seen as a viable source of climate-friendly energy.

In theory the Clean Development Mechanism under the Kyoto Protocol could be used to fund biodiesel production, but West African countries lack the expertise needed to apply for the scheme.

"There is an acute shortage of expertise to develop such proposals," said Ghana's Minister for Lands, Forestry and Mines, Dominic Fobih.

Mr Fobih welcomed the fund, but said that procedures for developing Clean Development Mechanism proposals should still be properly studied.

The workshop was co-sponsored by EBID and the UN Conference on Trade and Development (UNCTAD). EBID pledged to foster private-public partnerships, with support from UNCTAD, and to finance agricultural and industrial production for biofuels.

As a first step in this direction, EBID was to provide US$ 35 million for a jatropha biodiesel project in Ghana, in conjunction with the country's commercial banks and financial institutions.

Benin, Mali, Nigeria and Senegal, led by Ghana, have pioneered research on biofuel and jatropha plantations. Jatropha oil's low cost and ease of cultivation make it an attractive crop for biofuel production.

But biofuel production is still a relatively young technology, and more research is needed, notably to make sure it is geared towards the needs of small farmers for whom biofuel use on a local scale - for village power or agro-processing - could be highly promising.

In addition, to be competitive on the international market, West Africa will need to find viable sources of funding to invest in plantations of between 50,000–150,000 hectares, and into processing, transport and storage facilities.

It will also have to reduce its production costs and improve its farming techniques to reduce the risk of low yields, pests and disease.

By Niagia Santuah

- Create an e-mail alert for West Africa news
- Create an e-mail alert for Economy - Development news
- Create an e-mail alert for Agriculture - Nutrition news
- Create an e-mail alert for Science - Education news
- Create an e-mail alert for Environment - Nature news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at