The power struggle over SN Power continues. Now that SN Power has become a huge commercial success, Statkraft is aiming to take control in the firm. The other owner, Norfund, the aid-financed risk capital fund, wants to invite in new owners and have SN Power invest more in Africa.
Nordic donors will decide on future budget support for Tanzania in early April. A key issue is the authorities’ commitment to fight corruption. An audit reveals that USD 113 million is unaccounted for at the Bank of Tanzania and last month Prime Minister Edward Lowassa had to resign over another corruption scandal.
In the battle for public attention and market share, seven large NGOs were forced to give up their monopoly on a prime time TV charity show after complaints from organisations that were excluded last year.
The UN Peacebuilding Fund expects to reach its financial target of USD 250 million during its second year with funding from 42 countries. But burden sharing remains extremely lop-sided with a handful of donors providing most of the funding.