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…
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…
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.…
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…
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…
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.
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 $…
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)…
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…
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…
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…
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…
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…
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…
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…
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…
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