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  EO of Taifa Energy and Tanzanian billionaire,  Rostam Aziz , has partnered with  General Capital Limited  (GCL), a Mauritanian-based firm, to sign a contract with  Zanzibar’s  national Electricity Corporation (Zeco) to build a utility-scale solar photovoltaic (PV) project on the island, which will add 180 megawatts of electricity to the island’s grid. The alliance of the two companies will manage the development of the project, which is said to cost about $140 million. Under the contract, Zeco will be the procurer of the electricity generated by the solar project. Joseph Kilangi, permanent secretary of   Tanzania’s   Energy and Minerals Ministry explained that the project will be executed in phases according to   Africa Briefing . Its initial phase, which involves the construction of a 30 MW solar PV plant in Bambi, located within the Central District of South Unguja Region, is expected to be completed in 2024. Azis made note of the fact th...

  Growing up, young Calvin Mackie never imagined he would be awarded a Ph.D. someday, as there was no source of academic inspiration in his life. Raised in a low-income  community  in New Orleans, he did not have an avenue to confront the numerous challenges he struggled with academically. Many considered him a low-performing student, and his future seemed uncertain. However, Calvin possessed an unyielding  spirit  and a burning desire to prove himself. After graduating from high school, school authorities in Morehouse College provided him with an option to take remedial classes before offering him an opportunity to study, according to  Blackprwire . Despite his initial struggles, Calvin graduated Magna Cum Laude and was a member of the prestigious Phi Beta Kappa National Honor Society; he understood education was his ticket to a better life. With unwavering determination, he set out on a journey to rise up the education ladder and sought help from mentors,...

  Longtime Andreessen Horowitz venture capitalist Jeff Jordan is stepping back from active investments. The fifth-ever general partner at a16z who joined in 2011, Jordan said in a  blog post  Friday that he would continue to work with his existing portfolio and board positions on the firm’s behalf, but would not write new checks. A managing partner at the firm, Jordan, 64, was also known for investments in home-rental business Airbnb, social media site Pinterest and grocery delivery unicorn Instacart, among others. The Midas List fixture was No. 57 on the 2023 list of the world’s top venture capitalists, his eleventh consecutive appearance. In an interview, Jordan told  Forbes  that his decision was one several years in the making after the “wild-ass roller coaster ride” of the pandemic, including Airbnb’s tumultuous year that culminated in its December 2020 public offering. “I’m already one of the older active venture capitalists, and I’ve been on three boards ...

 Jamie Foxx is said to have had a stroke after it was previously claimed he suffered a mystery health scare last month, according to Mike Tyson. The actor, 55, has been treated at a facility in Chicago, which specializes in treatment for adults with 'severe complex conditions' including stroke recovery. During an appearance on the Valuetainment podcast, ex-boxer Mike said of Jamie: 'He's not feeling well. They said a stroke. I have no idea what happened to him.' The actor's health scare has come as a shock to fans and those who knew him, including host Patrick Bet-David, who revealed in his discussion with Tyson that he dined out with the star in the months before. 'We were at a restaurant in LA... he showed up, looked really good,' he said. 'And then all of a sudden you hear stories.' The boxer responded: 'Hey listen, we can't anticipate our next breath, we don't know when we're going to die.' Claims: Jamie Foxx is said to ha...

Swedish-British TV presenter, Ulrika Jonsson has slammed 'Hollywood hypocrites' for supporting Johnny Depp at the Cannes Film Festival on Wednesday. The actor, 59, delighted fans while attending the premiere of the Louis XV period drama, Jeanne du Barry, his first film since winning his defamation trial against Amber Heard last year.   After both Johnny and his ex-wife, 37, accused each other of physical and verbal abuse, a civil jury awarded him $10 million in damages and $2 million to Amber. On making his comeback, Johnny received applause from the audience and fans at the Cannes Film Festival, and Ulrika didn't find it funny. In her latest column for The Sun, Ulrika has lashed out at those who are supporting Johnny, reminding her readers that he was found by a judge in an English High Court case to be a domestic abuser. She wrote: 'As if winning his case of defamation against Heard, who gave countless examples of his atrocious conduct and made allegations...