green investement

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27 08 2022 | 06:39

U.S. climate bill passed by Senate, heads for approval in House of Representatives

The US is, after decades of political rancor and fossil fuel industry obfuscation, almost certain to make its first significant attempt to tackle the climate crisis. Experts say it will help rewire…

07 08 2022 | 08:14

AFRICA: KLP Norfund invests $40m in green energy for business

The Norwegian Investment Fund for Developing Countries (NORFUND) is launching a special purpose vehicle with pension fund manager KPL for a $40 million investment in CrossBoundary Energy (CBE). The…

07 08 2022 | 08:08

AFRICA: Persistent raises $10m to finance climate projects

Venture capital firm Persistent Energy Capital is raising $10 million to finance climate-friendly projects in Africa. The funds are provided by Japanese investor Kyuden International Corporation.…

28 07 2022 | 20:25

Egypt’s Infinity to become Africa’s largest renewable energy company

Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Power in an undisclosed deal that is expected to close…

12 07 2022 | 07:38

AFRICA: Baobab+ secures €5 million loan for its solar kits in six countries

The impact investment platform Symbiotics is providing a $5 million loan to Baobab+, a French company specializing in electrification via solar home systems. The funding will allow the company to…

12 07 2022 | 06:54

Plant-based meat by far the best climate investment, report finds

Investments in plant-based alternatives to meat lead to far greater cuts in climate-heating emissions than other green investments, according to one of the world’s biggest consultancy firms.

05 07 2022 | 08:30

Macquarie Group to invest $3 billion in Hải Phòng wind farm

HÀ NỘI — Corio Generation of Macquarie Group (Australia) proposed researching an offshore wind power plant project with a capacity of about 1,000MW at the total investment of between $2 billion and $…

05 07 2022 | 08:04

AFRICA: New PAREF fund to accelerate renewable energy deployment

Investment firm Harith General Partners is joining forces with power producer Anergi to launch a new financing mechanism for renewable energy in Africa. The Pan African Renewable Energy Fund (PAREF)…

05 07 2022 | 07:04

IEA calls for urgent acceleration of cleaner energy investment in Africa

The International Energy Agency (IEA) has released its Africa Energy Outlook 2022 report where it calls for urgent acceleration of investment for cheaper and cleaner energy in Africa. The IEA says…

26 06 2022 | 08:24

IVORY COAST: GCA to facilitate €2bn for climate resilience

The Global Centre for Adaptation (GCA) will facilitate the mobilisation of €2 billion for adaptation and climate resilience projects in Ivory Coast. The memorandum of understanding for this…

26 06 2022 | 08:00

EGYPT: Acwa and Hassan Allam to build 1.1 GW wind power complex in Gabal el Zeit

The Egyptian government is entrusting the construction of the Gabal el Zeit wind farm complex to a consortium formed by the Saudi company Acwa Power and the Egyptian Hassan Allam Holding. The wind…

07 06 2022 | 21:42

KENYA: Konza Technopolis, a smart city under construction in Machakos

As part of its "Vision 2030" for development, Kenya launched the construction of Konza Technopolis in 2012, a large technology centre located in Machakos County, south of Nairobi. The project, which…

07 06 2022 | 21:41

EGYPT: Two new plants convert waste into electricity in Abu Khreita

The Egyptian Arab British Company for Dynamic Industries (ABD) has completed the construction of two solid waste-to-energy plants in the city of Abu Khreita, Egypt. The announcement was made by the…

03 06 2022 | 14:01

Climate Transition in Emerging Economies

It’s no secret that a heavy reliance on commodities to build Africa’s economies has increased the continent’s carbon footprint. Although far less damage is caused by Africa than developed economies…

21 05 2022 | 07:14

Aussie billionaire aims to mine $8bn US fund for coal-to-hydrogen industrial conversion

Fortescue Future Industries (FFI), owned by Australian billionaire Andrew ‘Twiggy’ Forrest, is planning to convert a former coal mine in US state of Washington into a green hydrogen production…

18 05 2022 | 18:35

How ESG is shaping corporate plans

If known economist Milton Friedman were alive today, he would have dismissed any corporate role on social issues as being socialist. In his September 13, 1970 article, "The Social Responsibility of…