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Ghana: Report warns that climate risks could cost Ghana’s transport sector $3.9 billion, but roadmap offers hope

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2 years ago

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African Development Bank

The potential damage of $3.9 billion is thrice the investment of $1.3 billion made in the sector in 2019, according to the study

ACCRA, Ghana, March 25, 2022/ — A new report (https://bit.ly/3IGhhrt) estimates that by 2050 climate risks could cause damage worth $3.9 billion in Ghana’s transport sector. But the report also offers a roadmap that could prevent the worst from happening. It also highlights extensive efforts by the government to counter climate risks.

The potential damage of $3.9 billion is thrice the investment of $1.3 billion made in the sector in 2019, according to the study. The research was led by the national Ministry of Science, Environment, Technology and Innovation, in partnership with the Global Center on Adaptation. It reflects efforts by the government of Ghana to assess the threat that climate change poses to infrastructure assets. It also mentions government efforts to prioritize adaptation investments to mitigate the climate risks facing Ghana’s infrastructure in the energy, transport, and water sectors.

“Extreme weather and rapid changes to Ghana’s climate present a profound risk to key sectors of Ghana’s socio-economic development. Infrastructure in these sectors are the bedrock of the country’s economic growth and development,” said Dr. Kwaku Afriyie, Ghanaian Minister of Science, Environment, Technology and Innovation, at the launch of the report.

“Ghana: Roadmap for Resilient Infrastructure in a Changing Climate” (https://bit.ly/3DpvhoB) was carried out under the Africa Adaptation Acceleration Program (https://bit.ly/3tFhdEb), a partnership of the African Development Bank Group and the Global Center on Adaptation, with support from the United Nations Office for Project Services, the United Nations Environment Program, and the University of Oxford’s Environmental Change Institute.

The report estimates that increased drought threatens the future energy availability of about a quarter of a million people in rural Ghana, owing to a reliance on wood fuel for household use. Equally, climate risks threaten major components of electricity generation and transmission due to droughts and flooding.

To avert a climate crisis, the national assessment proposes 35 adaptation options for funders and investors to invest in Ghana’s future, offering impactful, evidence-based adaptation projects and enabling environment interventions.

“Given how we know the climate crisis is evolving, these are very alarming statistics. But this is not the full story. For us, at the Global Center on Adaptation, the real story on climate adaptation in Africa is a story of resilience, of responsibility, of solidarity, of opportunities for a safer, greener, more prosperous continent. It is this story that is captured in the roadmap we are launching today,” said Professor Patrick Verkooijen, CEO of the Global Center on Adaptation.

The assessment provides a roadmap for addressing risks through targeted adaptation options in the built and natural environments, including nature-based solutions. It also defines institutional interventions required to ensure the optimum effectiveness of adaptation measures in the country.

“This report will further enrich our dialogue and enhance the overall impact of investments in resilient, green infrastructure that are central to tackling the damaging effects of climate change,” said Eyerusalem Fasika, the African Development Bank’s Country Manager in Ghana. She said the report would inform the Bank’s next country strategy for Ghana.

Ghana has experienced severe droughts and flooding in the last two decades, some of which have had severe economic and social impacts. The projected impacts of climate change are likely to intensify pressure on the country’s existing dam infrastructure, yielding severe consequences for river runoff, which could affect over 1.3 million people, mostly women and children, the report indicates.

“Climate impacts are projected to lead to increased investment for infrastructure, particularly water storage, flood defenses, and water supply and sanitation, but, in the long run, investment in adaptation will reduce the need for costly retrofitting while reducing upfront costs,” said Anthony Nyong, Senior Regional Director for Africa at the Global Center on Adaptation.

Please find photos of the launch here (https://bit.ly/3LgpiVy).


Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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inDrive remains the world’s second most downloaded ride-hailing app and ranks as fourth most downloaded travel app worldwide

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6 months ago

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January 23, 2024

By

inDrive

inDrive hits record growth, dominating in Africa and worldwide with over 66 million downloads in 2023

JOHANNESBURG, South Africa, January 23, 2024/APO Group/ — 

inDrive (www.inDrive.com), a global mobility and urban services platform operating across 46 countries globally including 9 countries in Africa has been named  was the world’s second most downloaded ride-hailing app in 2023, retaining this accolade for a second consecutive year, according to data.ai. inDrive also achieved a notable milestone, ranking as the fourth most downloaded application worldwide in the Travel category.

inDrive was also the most downloaded ride-hailing app in 13 countries with a combined population of over 559 million in 2023

Total downloads of the inDrive app amounted to 66.6 million in 2023, based on Google Play and App Store (China is iOS only) data.ai said. 

InDrive continues to enjoy robust growth as it adds new services, including finance, freight, and courier delivery. It’s also expanding its core ridesharing offering to new geographies. Over the past year, inDrive launched in more than 8 cities across Africa, as well as two in the U.S. region. Furthermore, inDrive has agreed to start adding electric motorcycles to its fleet in the APAC region and has obtained the local regulator’s permission to offer its services there. While scaling quickly, inDrive leverages its unique peer-to-peer pricing model to challenge the lack of affordable transportation options and limited earning opportunities, thereby addressing various types of injustice. This remains inDrive’s overarching mission.

Arsen Tomsky, inDrive founder and CEO, said: “We are delighted that inDrive has maintained its position as the second most downloaded ride-hailing app globally, a testament to the incredible efforts of our team and the trust our users place in us. At inDrive, our super mission is to challenge injustice, and we remain steadfast in our commitment to providing reliable mobility services at a fair price, as we create meaningful earning opportunities for people across communities where we operate. As we celebrate this milestone, we remember that we measure inDrive’s success not simply by the number of downloads, but by the wider impact we make on our communities and on the world at large.”

inDrive was also the most downloaded ride-hailing app in 13 countries with a combined population of over 559 million  in 2023, including markets like Pakistan, Columbia, Egypt, Peru and, Morocco  according to data.ai

Distributed by APO Group on behalf of inDrive.

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Revolutionizing Logistics: inDrive Launches Groundbreaking ‘Name Your Price’ Freight Service in South Africa

Published

12 months ago

on

July 26, 2023

By

inDrive

Expanding the frontier of logistics, inDrive.Freight brings set-your-own-price model to deliver affordability, efficiency, and flexibility, catering to SMEs and private individuals

JOHANNESBURG, South Africa, July 25, 2023/APO Group/ — 

inDrive (www.inDrive.com), a global mobility and urban services platform with headquarters in California, USA, today launched the first-of-its-kind in South Africa, “name your price” freight service – inDrive.Freight, targeting the needs of small businesses and individuals.

Whether it’s the delivery of small parcels or a large shipment, inDrive.Freight offers a comprehensive range of non-liquid freight transportation solutions. The service aims to deliver reliability and efficiency for last-mile in-city routes, with same-day delivery available on demand.

The launch of inDrive.Frieght’s operations in Cape Town and Johannesburg signifies the first steps in its planned expansion across more cities in South Africa by the close of 2023. This inventive same-day delivery service is designed to serve diverse businesses and individuals, providing freight services that vary from 20kg to 20 000 kg. The service’s offerings span from compact cars for small boxes or personal use, to large trucks suitable for moving or business requirements.

“At inDrive, we understand the unique logistics challenges that small businesses and individuals face,” said Vincent Lilane, inDrive Business Representative in Southern Africa. “We have introduced inDrive.Freight in South Africa to address these challenges. It is a comprehensive solution offering competitive pricing, timely delivery, and the flexibility and scalability needed in today’s fast-paced world.”

The launch of inDrive.Frieght’s operations in Cape Town and Johannesburg signifies the first steps in its planned expansion across more cities in South Africa by the close of 2023

inDrive.Freight has revolutionized the freight industry with its unique set-your-own-price model, allowing customers to choose from various delivery options, negotiate pricing directly with drivers, and select from a wide range of vehicles suitable for city deliveries. This approach ensures competitive pricing without compromising on quality.

inDrive.Freight provides flexible and dependable freight transport solutions for in-city routes, offering on-demand same-day delivery. It operates by allowing customers to decide the shipment details, including timing, location, and the choice of vehicle. Customers also propose a freight price, to which drivers can respond by either accepting, declining without consequences, or suggesting an alternate price. The selection of a carrier is immediate, based on cost, delivery time, and driver ratings. All drivers and their documentation are meticulously verified for shipment security, and real-time delivery tracking ensures the cargo is on track.

“Small businesses are the backbone of our economy,” said Mike Anderson, Founder and CEO of National Small Business Chamber. “Solutions like inDrive.Freight, which offers flexibility, affordability, and efficiency in the logistics process, are pivotal for the growth and success of these businesses. We commend inDrive for this forward-thinking initiative.”

inDrive.Freight sets a new standard for freight delivery in South Africa, redefining flexibility and scalability in logistics while addressing the pressing needs of SMEs and private individuals.

Visit inDrive.Freight (https://apo-opa.info/3Du909Q) to learn more about how you can name your price and take control of your logistics today.

Distributed by APO Group on behalf of inDrive

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Emirates Partners with African Energy Sector as the International Airline Partner for Energy Week in Cape Town

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1 year ago

on

June 20, 2023

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The leading international airline, Emirates Airline will join African Energy Week as an official international airline partner, fostering global connectivity

JOHANNESBURG, South Africa, June 19, 2023/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) is pleased to announce its partnership with Emirates, the world’s leading international airline, as the official international airline partner for African Energy Week (AEW) – taking place 16-20 October in Cape Town. This collaboration markets a significant milestone in the airline’s commitment to fostering sustainable development and promoting Africa’s energy sector.

Demonstrating its confidence in the region’s economic growth, particularly in the energy sector, Emirates returns as a travel partner for AEW, contributing to the caliber of this esteemed event. Emirates’ extensive global network and exceptional service makes it the ideal choice for transporting participants to AEW. With flights connecting to a multitude of destinations worldwide, Emirates provides convenient and seamless travel options for delegates from around the world to convene at AEW 2023 in full force.

Emirates will offer discounted fares on Business Class and Economy Class return tickets, making it more convenient for delegates to travel to AEW

With its extensive global network and strong presence in Africa, Emirates is uniquely positioned to support and invest in the continent’s energy ambitions. In its capacity, Emirates will extend exclusive discounts to delegates attending the event, further enhancing accessibility and promoting participation. As an airline partner, Emirates will offer discounted fares on Business Class and Economy Class return tickets, making it more convenient for delegates to travel to AEW and engage in Africa’s premier energy event.

By providing exclusive fare reductions, Emirates aims to facilitate increased participation from industry leaders, policymakers and investors, fostering robust engagement and collaboration during the event. Additionally, Emirates’ commitment to supporting AEW extends beyond its role as an airline partner. The airline recognizes the importance of connecting global stakeholders with Africa’s energy sector, and through these discounted fares, Emirates contributes to promoting knowledge exchange, facilitating business opportunities, and driving sustainable development in the African energy industry.

“The Chamber is thrilled to have Emirates on board as a partner for African Energy Week. This partnership not only signifies the international recognition and importance of the event but also highlights the significance of the energy sector in Africa. With Emirates’ support, we can further enhance the accessibility and reach of AEW, attracting key stakeholders and facilitating meaningful discussions on Africa’s energy future. Together, we are fostering an environment of connectivity, investment, and sustainable development for the benefit of Africa and its people,” states, NJ Ayuk, Executive Chairman of the AEC, adding that “Without the attendance of stakeholders, industry leaders, energy makers and delegates at such events, the opportunity for collaborations, signed deals, and the flourishing of Africa’s energy sector is not possible. That’s why the partnership with Emirates is of utmost importance as it enables us to bring people to these events.”

Under the partnership, delegates attending AEW will have the opportunity to enjoy discounted fares on Emirates flights. The discounts are as follows: 10% off on Flex and Flex Plus online fares for Business Class and Economy Class return tickets and 5% off on Saver online fares for Business Class and Economy Class return tickets.

Distributed by APO Group on behalf of African Energy Chamber.

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