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Africa's Richest Man, Aliko Dangote Loses Over $7billion to Naira Devaluation

“The devaluation of the Naira has struck a huge blow to the fortune of Africa’s richest man, Aliko Dangote.

Dangote is said to have lost a whopping $7.8 billion out of his $21.6 billion fortune as a result of the devaluation, nearly 10%, and also due to falling stock prices. 92 more words

Africa's Largest Wind Farm Moves Forward

Vestas received an order from Lake Turkana Wind Power Ltd. for 365 of its 0.85-megawatt turbines, it said in a website statement. That’s the most machines the Copenhagen-based company has sold to a single plant. 280 more words

Alternative Energy