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- Global verification body Verra certifies d.light’s clean cookstove projects in Kenya, Uganda, and Nigeria.
- Initiative to distribute 600,000 clean cookstoves, which are now verified by leading certifiers as a trusted source of high-quality carbon credits.
- Launched in 2022, these projects have already positively impacted over one million lives and are on track to transform the lives of three million people by 2025.
d.light’s clean cookstove initiatives
In a landmark move that helps advance the journey towards sustainable development and environmental health in Africa, d.light, a firm that provides innovative solutions for low-income households, has achieved a milestone with its projects receiving certification from Verra as a trusted source of high-quality carbon credits.
This certification marks d.light’s clean cookstove initiatives in Kenya, Nigeria, and Uganda as crucial players in the voluntary carbon markets (VCMs), aiming to reduce carbon emissions, combat indoor air pollution, and curb deforestation.
Addressing environmental challenges, and earning
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- In 2024, diversification of your crypto portfolio remains a fundamental principle for managing risk and maximizing returns.
- Understanding how to build an optimal investment portfolio and monitor its effectiveness is crucial for both experienced investors and newcomers.
- A well-diversified crypto portfolio typically includes a mix of traditional and alternative assets such as stocks, crypto assets, real estate and cash.
Diversification in the crypto world is not just a smart move; it’s a necessity. As the digital currency market evolves rapidly, its risks multiply. Understanding how to build an optimal investment portfolio and monitor its effectiveness is crucial for both experienced investors and newcomers. Here’s a guide to crafting a well-balanced crypto portfolio in 2024.
Diversification in the Crypto World
In today’s dynamic financial environment, investing in cryptocurrencies offers enticing opportunities but also carries inherent risks. Diversification, a fundamental concept in risk management, plays a pivotal role in safeguarding investments against …
- AFC’s landmark wind farm in Djibouti set the country on a path to becoming the first African country fully powered by renewable energy.
- Last year, the corporation committed to overhauling Kinshasa’s mass transit system to enhance mobility.
- 2023 saw the AFC welcome three new members—Ethiopia, Burundi, and Sao Tome and Principe.
As the world looks into Africa to launch the next development phase, the Africa Finance Corporation (AFC) is increasingly emerging as a participant and a pacesetter in African infrastructure investments.
Last year marked a watershed moment for the organization, as AFC’s impact was evident in an ambitious slate of projects that span the spectrum of Africa’s developmental needs, from renewable energy sources and transport corridors to mining and climate resilience initiatives.
AFC’s impact on key economic corridors
Last year was a standout moment for AFC, with the corporation not merely navigating but thriving amidst growing global tensions, inflationary pressures, …
- The AfDB and partners in Rabat, Morocco, are organizing the 2024 Africa Investment Forum to catalyze investments in Africa’s agriculture, infrastructure, and renewable energy.
- The forum is a pivotal platform for advancing Africa’s economic integration, promoting policy innovation, and encouraging private-sector engagement and international collaboration.
- By aligning with sustainable development, inclusivity, and green finance goals, the Africa Investment Forum aligns with global sustainability goals, positioning Africa in the transition to a green economy and attracting ethical investments.
Set against the vibrant backdrop of Rabat, Morocco, the 2024 Africa Investment Forum Market Days, scheduled for December 4–6, is yet another cornerstone event for continental and global investors seeking growth opportunities in the continent.
The African Development Bank and seven founding partners will back this forum to drive investment-ready deals to fruition, further highlighting its critical role in Africa’s economic landscape.
Africa Investment Forum a catalyst for investment mobilisation
Since its inception …
- East African Cables is a private limited liability company incorporated in mainland Tanzania. It manufactures extensive cables for domestic and industrial lighting and power electricity transmission.
- The sale is subject to regulatory and shareholders’ approval.
- Upon completion of the sale, EAC Tanzania will cease being a subsidiary of the company.
Msufini Tanzania Limited (MTL), a chlorine and sodium hydroxide manufacturer, is set to buy a majority stake in East African Cables’s Tanzanian subsidiary if regulators and stakeholders approve an agreed deal between the two firms.
East African Cables, which is listed on the Nairobi Securities Exchange, has entered into a share purchase agreement with Msufini for the sale of 16 218,000 ordinary shares at a value of Tsh10, constituting 51 per cent of the issued share capital of East African Cables (Tanzania) Limited.
East African Cables is a private limited liability company incorporated in mainland Tanzania. It manufactures extensive …
- ZAVDOZ Group of Companies and Andar Development sign $4.9 million deal to introduce elite wooden houses fit for the hot Gulf region climate.
- Beyond the deals, Dubai WoodShow is serving as a platform for networking, and connecting manufacturers, suppliers, experts, and industry enthusiasts.
- Dubai WoodShow 2024 is not just a display of what is possible today but a glimpse into the future of woodworking, highlighting the industry’s innovation, sustainability, and efficiency initiatives.
The Dubai International Wood and Woodworking Machinery Exhibition, known as the Dubai WoodShow 2024, continues to carve its niche in the global wood industry, marking another successful second day of million-dollar deals, insightful industry discussions, and networking opportunities for investors.
As the curtain falls for Dubai WoodShow 2024 under the vibrant skies of Dubai, it not only showcases the latest innovations but also serves as a fertile spot for lucrative business-to-business (B2B) engagements, demonstrating its pivotal role …
- March 3rd-7th expo underscores Dubai’s pivotal role as a global business hub.
- It also highlights the vibrant dynamics of the wood industry, setting the stage for future advancements and opportunities.
- Exhibitors are showcasing state-of-the-art products and technologies, including CNC machining centers, drilling and fitting insertion machines, panel dividing saws, and more.
The Dubai International Wood and Wood Machinery Exhibition (Dubai WoodShow 2024) explores the nexus of innovation, investment, and global collaboration within the wood and woodworking machinery industries across economies.
As the 20th edition of this event unfolds, it not only underscores Dubai’s pivotal role as a global business magnet but also highlights the vibrant dynamics of the wood industry, setting the stage for future advancements and opportunities.
Dubai WoodShow 2024: A global meeting of wood industry leaders
The expo, which was inaugurated by His Excellency Mohammad Ali Rashed Lootah, president and CEO of Dubai Chambers, is attracting …
- This project is expected to improve and increase water supply from 96 per cent to 100 per cent in Tanga City.
- The government of Tanzania adopted the Alternative Project Financing (APF) strategy in 2021
- Mark Napier, CEO of FSD Africa, commended the collaborative effort behind the Tanga UWASA Green Bond.
The first ever Sub-national Water Infrastructure Green Bond in East Africa, worth $20.8 million, has been issued by Tanga Urban Water Supply and Sanitation Authority (Tanga UWASA), an autonomous water utility.
This landmark transaction would fund the expansion and improvement of sustainable water supply infrastructure and environmental conservation within Tanga City and nearby townships. The 10-year project revenue bond listed at the Dar es Salaam Stock Exchange (DSE) offers an attractive interest rate of 13.5 per cent per annum to be paid semiannually.
The government of Tanzania adopted the Alternative Project Financing (APF) strategy in 2021 because of the need …
- Kigali-based Future Light Football Academy offers more than just a chance to excel in sports; it provides youth with a lifeline away from the dangers of life on the street and back to school and family life.
- To further drive their reach, impact, and sustainable growth in Rwanda, the sports academy is seeking partners from sports clubs to corporate organizations.
- Founded by Bram Vlaanderen, a Dutch lawyer based in Dubai with a big heart for Rwanda, and Eric Iracyadukunda, a Rwandese professional football player, the academy has the potential to turn into a center of excellence for youth development.
In the city of Kigali, Rwanda, amidst the towering skyscrapers and bustling streets, lies a beacon of hope and opportunity for the youth. Future Light Football Academy, a burgeoning center of sports excellence, stands as a testament to the power of dreams and determination.
Founded by Bram Vlaanderen, a Dutch …
