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Investing
- With its multiple technologies, Bboxx is trailblazing in the green energy space, scaling its operations across Africa and projecting to offset over 20 million tonnes of CO2.
- Bboxx has been awarded Gold Standard certification for carbon credit programs based on solar home systems, clean cooking alternatives, and solar-powered water pumps.
- Implementing carbon programs allows Bboxx to accelerate market growth potential by reaching over 4 million customers in five African countries.
Rwanda-based Bboxx plans to offset over 20 million tonnes of carbon and generate $100 million worth of carbon credits through clean energy projects in Africa.
In this initiative, Bboxx projects to positively impact the lives of over four million customers across Rwanda, Kenya, Nigeria, Togo, and the Democratic Republic of Congo (DRC).
These revelations follow Bboxx’s recognition with the Gold Standard certification for its continued rollout of clean energy projects in five African countries. This certification marks a vital moment …
- Kenya’s private equity deals size are expected to remain modest this year.
- However, despite the high optimism, deal sizes in East Africa are expected to remain modest.
- However, businesses are concerned that firms will be scouting for exits, too.
Kenya and its East Africa peers are confident that the fundraising environment for businesses will continue improving in the next 12 months even as the continent experiences mixed expectations.
New findings by Audit firm Deloitte show that while East and West Africans largely anticipate an improvement, opinions in North and Southern Africa are divided, with some expecting improvements, others predicting stagnation, and some foreseeing deterioration.
This outlook comes against the backdrop of persistent high interest rates, inflation, and geopolitical uncertainty, which led to a 9 per cent drop in finalized funds year-on-year in 2023.
The Deloitte Africa Private Equity Confidence Survey 2024, shows that in East Africa, optimism is on …
The opulent and contemporary Downtown Dubai is a global attraction for Vietnamese investors. It is a lively neighbourhood that was built by Emaar Properties and contains some of the most famous structures in the world such as Burj Khalifa and Dubai Mall; therefore, it is an ideal place for investing in property. In this article, we will look at different kinds of real estate in Downtown Dubai which are attractive to Vietnamese buyers.
Overview of Downtown Dubai
Situated between Sheikh Zayed Road and Financial Centre Road, the Downtown Dubai neighbourhood is a mixed-use development located at the centre of the city. This area contains everything; residential, commercial, and leisure spaces for both residents and visitors. The tall skyscrapers, luxury apartments, and top-notch facilities define this as among the best areas to invest in Dubai property-wise.
Types of Properties Available
Apartments
Downtown Dubai provides a broad choice of luxury apartments that …
- The ACG financing will support sustainability in Africa initiatives such as energy security and transition.
- It will also support regional integration and connectivity, trade finance and facilitation, gender and youth initiatives.
- ACG has been a long-standing supporter of African countries and has invested over $220 billion in the region.
Stepping up their support for African partner countries ahead of the COP28 climate change conference, the Arab Coordination Group (ACG) has announced it will allocate up to $50 billion to help build resilient infrastructure and inclusive societies in Africa.
COP28, held from 30 November to 12 December 2023 in Dubai, signifies a crucial moment in the global endeavor to tackle climate change. Notably, it will witness the completion of the initial worldwide assessment of the Paris Agreement, providing the international community a pivotal chance to adjust course and enhance collective commitment to restrict warming to 1.5°C.
The announcement of $50 …
The Lobito Corridor represents a significant transport infrastructure project in Africa. The project will now become a reality with the backing of the US. Moreover, this is one of the projects through which Washington seeks to strengthen its investment ties on the continent. This project entails a transportation network that links northwest Zambia to Angola’s Benguela railway, ultimately connecting to the strategic Lobito port, the second largest seaport in oil-rich Angola.…
- Globally, the hydrogen market exceeds $130 billion, and the World Bank is projecting an annual growth rate of over 9 per cent.
- The rising global demand for clean energy is opening doors for African nations to establish themselves as green hydrogen exporters.
- Across Africa, green hydrogen initiatives are taking root in Egypt, Niger, Morocco, South Africa, Namibia, and Mauritania.
Green hydrogen, derived from a clean process of electrolysation, can potentially transform the energy landscape in developing nations. Unlike traditional hydrogen production methods, which rely on fossil fuels, green hydrogen is produced using renewable energy sources like solar and wind power.
This innovation opens up new possibilities for decarbonisation and sustainable energy solutions. South Africa, Morocco, Mauritania, Namibia, Niger and Egypt are trailblazing the way for African economies, albeit with financing challenges. Recently, Kenya outlined its broad plan to tap into this industry, too.
Globally, the hydrogen market exceeds $130 billion, …
The vast renewable energy potential across the African continent, combined with Europe’s ambitious production and import targets, is reshaping energy pathways and challenging established norms. Moreover, Africa and Europe have taken the reins in driving the global green hydrogen economy, marking a landmark shift in energy dynamics. …
