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NEWS
NCBA and Proparco sign Sh6.7bn green financing deal
NCBA Group has signed a USD 50 million (Sh6.7bn) facility with French development finance institution Proparco for on-lending to small and medium-sized enterprises (SMEs) helping combat climate change. NCBA has a long-standing relationship with AFD Group and continues to evolve its commitment to sustainability. In 2023, the group launched its Change The Story platform anchored on five strategic pillars and a…
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AFRICA & MENA
DP World Partners with Masdar to drive renewable power for port operations in Middle East and Africa
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar), a global leader in clean energy, to explore and implement renewable energy systems across DP World’s global port operations in the Middle East and Africa. The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global…
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ENERGY
COMESA in partnership with World Bank launch $50 million project to promote sustainable energy access
The Common Market for Eastern and Southern Africa (COMESA) and the World Bank are set to implement a $50 million regional platform to support COMESA Member States and other participating countries to promote sustainable energy access investments. This is part of a new World Bank $5 billion program designed to accelerate sustainable and clean energy access and provide life-transforming opportunities…
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NEWS
Equity Group Foundation and The French Embassy to Work Together in Supporting Sustainable Business Activities
Equity Group Foundation and the French Embassy have committed to work together in supporting sustainable business activities in the country and bridging the gap between local businesses and their counterparts in France. Through strategic partnerships and outreach initiatives over the years, Equity Group has continuously supported Micro, Small and Medium-sized Enterprises (MSME) in their sustainability journey. The French Ambassador to…
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CLIMATE TECH
Salesforce Announces Clean Energy Programme Management
Salesforce has introduced Clean Energy Programme Management for Energy & Utilities Cloud. This new solution streamlines the launch, management, and oversight of energy efficiency, conservation, electrification, and EV charging programs to help electric, gas, and water utilities increase customer participation in clean energy programmes. Energy & Utilities Cloud is built on the Einstein 1 Platform, Salesforce’s trusted customer platform. The…
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ENVIRONMENT
Sponsored rally drivers lead in afforestation efforts ahead of 2024 WRC rally
KCB Bank in collaboration with its rally-sponsored drivers has embarked on an ambitious drive to plant 2,000 trees as part of its afforestation efforts ahead of the 2024 WRC Safari Rally set for the Easter Weekend in Naivasha. The initiative is part of the bank’s support to greening Kenya through the KCB Linda Miti project, which aims to plant and…
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MOBILITY
Roam secures $24m Series A funding to accelerate electric vehicle production in Kenya
Roam, an electric mobility player in electric vehicle (EV) innovation in Africa, is set to expand its operations in Kenya, following a $24 million Series A funding round. This funding round was led by Equator Africa and includes investments from Renew Capital, At One Ventures, TES Ventures, The World We Want, and One Small Planet, among other prominent private and…
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NEWS
Wastewater recycling company Membion receives €5m investment to accelerate growth
Membion GmbH, the Aachen-based developer and producer of membrane bioreactor (MBR) modules for wastewater treatment, has received an investment of €5 million led by TechVision Fonds (TVF) and DeepTech & Climate Fonds (DTCF). With the multi-patented technology, municipal and industrial wastewater treatment plant operators can meet the growing demands on water quality and significantly reduce operating costs. Membion will use the…
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CLIMATE TECH
Uptake Alliance announces inaugural cohort of 15 climate-tech startups
Uptake Alliance, an emerging venture development program dedicated to fostering breakthrough climate technologies, has announced the selection of its inaugural startup cohort. The innovation program, designed to facilitate and propel startups to secure commercial agreements, boost revenue, assemble exceptional teams, and secure funding, launches later this month. The program will feature an extensive and bespoke curriculum, mentorship from industry experts,…
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CLIMATE CHANGE
Epson on CDP A List for Tackling Climate Change
Epson Corporation has been placed on the A list for its achievements in tackling climate change and water security by Carbon Disclosure Project [CDP], the international environmental organisation. CDP is an independent not-for-profit charity that runs the global environmental disclosure system. Each year, it encourages companies to measure and manage their risks and opportunities related to climate change, water security and deforestation. CDP…
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