As East African countries launch massive projects in the power sector, the United Nations Economic Commission for Africa (Uneca) is warning that delays in implementing them could push the region towards expensive alternatives.
The Mayor of London Boris Johnson has awarded a 20,000 pounds prize to a small London business for a new app to help global big city households use their power more efficiently and reduce the risk of power shortages.
Qatar-based banks witnessed the highest increase in their loan book growth in the GCC during the first quarter of 2014. The banks' loan book grew by 23 percent year-on-year, the highest among GCC nations, a new report showed.
Smartphones are in the ascendant in Germany. In a May 2014 BITKOM survey conducted by ARIS, 55% of consumers ages 14 and older said they used a smartphone at least occasionally, compared with 41% a year earlier.
June's flash PMI data painted another picture of subdued economic performance in France, with output down for a second successive month, orders falling slightly and the sharpest cut in staffing levels for four months.