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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 mining industry in Tanzania holds a unique position as one of the most financially rewarding sectors, consistently generating foreign currency. Beyond its economic significance, this sector also wields considerable political influence within the nation. Therefore, a recent multi-million-dollar agreement forged with Australia and the US for the extraction and processing of critical minerals positions Tanzania advantageously as it prepares to participate in the forthcoming Critical Minerals Summit 2023.…
A new commentary from the International Energy Agency (IEA) on the upcoming World Energy Outlook 2023 has revealed that despite improvements, global access to electricity still needs to catch up to the pace required to meet SDG 7. The commentary supports discussions from the recently concluded United Nations’ SDG Summit on 18-19 September 2023. It is also part of the IEA’s support of the first global stocktake of the Paris Agreement, which will be finalized in the run-up to COP28, the next UN Climate Change Conference, at the end of 2023.…
The recent formalization of an agreement to advance what is being hailed as South Africa’s most substantial liquefied natural gas (LNG) endeavor in the Mpumalanga province underscores the potential of natural gas as a viable energy source for the nation. This accord, described as a “non-binding term sheet,” represents a collaboration between South Africa’s Industrial Development Corporation (IDC) and Afro Energy. The latter is a subsidiary of the Australian gas exploration company Kinetiko Energy.…
- ECOWAS, AfDB Group hold consultations on West Africa Regional Integration Strategy Paper (RISP) 2020-2025.
- Consultations focused on current issues around West African integration, including challenges, opportunities, and prospects.
- Other pertinent issues such as economic affairs, human development, infrastructure, and politics were also discussed.
The Economic Community of West African States (ECOWAS) and the African Development Bank Group have successfully concluded discussions regarding the mid-term evaluation of the West Africa Regional Integration Strategy Paper (RISP) for 2020-2025.
This strategic plan, approved by the Bank Group in May 2020, was designed to bolster regional integration efforts in West Africa.
With an initial investment plan totaling $4.52 billion, the West African RISP primarily focuses on enhancing resilient infrastructure and fostering the growth of regional businesses.
The meetings, spanning from September 5th to 15th, 2023, were held at the ECOWAS Commission headquarters in Abuja, Nigeria.
West African integration
During this period, both parties assessed …
- Africa possesses huge renewable energy potential, including 60% of the world’s best solar resources.
- There is 1,300GW of wind energy potential in the sub-Saharan region, and a capacity to produce 5,000 megatonnes of hydrogen annually.
- However, to realize this potential, Africa must invest in infrastructure development, and build effective grid systems.
- Africa must establish robust energy storage facilities, and create favorable policy and regulatory frameworks.
Of the nearly 1.5 billion people living on this continent, how many of us know just how blessed Africa is with renewable energy resources? (Modafinil) How many of us know that Africa has the potential to play a pivotal role in the global transition to a more sustainable energy future?
The fact is that this continent has abundant renewable energy potential. According to the International Energy Agency (IEA), Africa is home to 60 percent of the best solar resources globally, the sub-Saharan region …
