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Last update: 23.12.2008
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Long road ahead before African biofuels take off
Source : reuters.com
Africa has potential to become a major exporter of biofuels, but investors must factor in a need for costly new infrastructure and overcome red tape before the sector takes off, a biofuels expert said on Thursday. Meghan Sapp, managing director of Brussels-based HG Consulting, told a conference that southern Africa, Kenya and Nigeria were among countries with potential to produce sugarcane- and cassava-based ethanol biofuel for export. "Biofuel production on a commercial scale in Africa is a fairly new idea but one that opens a lot of opportunities for both investment and local economic development," said Sapp.
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20 March 2008 |
Economy ::
Biofuels ::
International
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Articles from 20 March 2008 (8 articles)
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