La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

IRENA wants to improve networks in West Africa for the integration of renewable energies

The International Agency is looking for consultants to prepare a plan to expand network infrastructure in West African countries. The Economic Community of West African States (ECOWAS) region currently has only 16 GW of power generation capacity, of which 32% comes from hydropower and 68% from thermal energy. 

IRENA wants to improve networks in West Africa for the integration of renewable energies

The International Renewable Energy Agency (IRENA) has launched a call for tenders to find consultants as part of the establishment of a program to strengthen the electricity grid infrastructure of the Economic Community of the States of West Africa (ECOWAS), which should allow a strong penetration of renewable energies.

The selected consultants should work in close collaboration with the utilities, network operators and national regulators of ECOWAS member countries, as well as with the Regional Center for Renewable Energies and Energy Efficiency of ECOWAS (ECREEE) . They will need to identify technically and economically ideal solutions to improve the security of electricity supply in the region while allowing a sharp increase in wind and solar energy capacities. At the same time, the staff of the regional training centers should be able to continue and intensify capacity building activities on a regular basis, ”the agency said in the consultation document. 



Interested consultants can submit their offers until August 31.

A week ago, ECREEE launched a call for expressions of interest from consulting companies for the expansion of the West African Clean Energy Corridor (WACEC) program and its institutional framework. implementation.

The US Agency for International Development (USAID) and the German Development Agency (GIZ) are supporting the tender.

According to IRENA, the ECOWAS region currently has only 16 GW of power generation capacity, 32% of which comes from hydropower and 68% from thermal energy. This capacity can only cover 37% of the region's total demand. Only 42% of the ECOWAS population has "access to electricity, concentrated in urban areas". This rate drops to single digits in rural areas, the international agency said.