AFRICA & MENA
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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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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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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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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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World Vision Initiative Regreening Africa Honored as UN World Restoration Flagship,
The United Nations Environment Programme (UNEP) and the Food and Agriculture Organization of the United Nations (FAO) have named Regreening Africa Initiative among other six initiatives as United Nations World Restoration Flagships. The recognition makes the initiative eligible for technical and financial support from the UN. The announcement comes ahead of the 6th session of the United Nations Environment Assembly (UNEA-6),…
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Pamoja raises $8.5 million to accelerate sustainable macadamia nut production in Kenya and Tanzania
Pamoja, a sustainable macadamia nuts producer in East Africa has raised $8.5 million from French asset management company Mirova to accelerate its projects in Kenya and Tanzania Mirova is a subsidiary of Natixis Investment Managers dedicated to sustainable investment. Pamoja is targeting 6,200 hectares of managed lands according to stringent sustainability criteria (organic and Fair Trade) and support for 13,000…
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Corporations in Kenya join govt in ambitious plan to plant 15 billion trees
Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increasing biodiversity and enhancing environmental resilience, this ambitious effort reaffirms the nation’s commitment to environmental stewardship alignment to accentuate green growth. While this ambitious project is a major government initiative, the…
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OX Delivers secures funding to roll-out affordable clean transport for Africa
OX Delivers, a UK-based emobility startup, has received a £1.2 million funding grant from Energy Catalyst as the company readies its next-generation affordable all-electric OX4 truck for production. The £1.2 million Energy Catalyst grant will fund the development of a sustainable energy infrastructure in Rwanda from which OX Delivers EV trucks will benefit from. OX Delivers is already providing reliable,…
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Catalyst Fund Invests $1.8M in African Climate Startups
The Catalyst Fund today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This brings their total portfolio to 19 companies driving climate adaptation and resilience on the continent across 8 different markets: Kenya, Egypt, Morocco, Nigeria, Senegal, South Africa, Tanzania, and Uganda. The startups mark the Catalyst Fund’s second round of investments focused explicitly…
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Watu and Spiro partner to improve access to affordable financing for electric motorbikes in Kenya
Asset financing company Watu Credit and SPIRO, a pioneer in sustainable urban mobility solutions, have announced a partnership to improve access to affordable financing for electric motorbikes in Kenya. Spiro has set up a headquarters in Mombasa, and has the largest electric two-wheeler fleet in Africa with over 10,000 bikes deployed in Kenya, Benin, Togo, Rwanda and Uganda. Speaking during the announcement, Erick Massawe, Kenya…
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