Browsing: CDC Group

Dubai Ports World
  • Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become a dominant player in the region’s commerce.
  • Establishing a streamlined commerce corridor connecting East Africa and the Great Lakes region is a fundamental plank of DP World’s overall strategy.
  • DP World seeks to regulate and strengthen African trade by tackling the difficulties of logistics and storage with cutting-edge digital solutions.

Dubai Ports World in Africa

As the Africa Continental Free Trade Act ushers in a new era of African trade, a significant participant rises from the Arabian Peninsula. Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become a dominant player in the region’s commerce.

The story’s action begins in one of East Africa’s thriving harbours. The vast potential of the Kenyan ports of Mombasa, Lamu, Kisumu, and Naivasha has …

www.theexchange.africa
  • CDC Group will invest over £3 billion (US$ 4 billion) to support emerging economies in Africa and Asia to combat the climate emergency
  • The commitment will make CDC one of the world’s largest climate finance investors in Africa and select South Asian markets
  • The funding will be invested over the next five years across a number of different sectors, such as renewable power, infrastructure and agriculture, including forestry

British development finance institution CDC Group will invest over £3 billion (US$ 4 billion) to support emerging economies in Africa and Asia to combat the climate emergency, the Group announced during the ongoing COP26.

The commitment will make CDC one of the world’s largest climate finance investors in Africa and select South Asian markets.

According to the Group, the investment contributes to the ‘Clean Green Initiative’ announced this week by Prime Minister Boris Johnson to help developing countries take advantage of green …

Investors wary of e-waste from East African off grid systems

According to the Global E-Waste Monitor Report, in 2019 the world generated 53.6 million metric tonnes (Mt) of electronic waste (e-waste), and only 17.4 per cent was recycled through appropriate channels. Africa in particular lacks formal governance to support e-waste management.

Households in Africa generated 2.9 Mt of e-waste in 2019, of which only 0.9 per cent was reported to be collected and recycled by the formal sector. Discarded equipment such as phones, laptops, fridges, sensors and televisions contain substances that pose serious environmental and public health risks, particularly if treated inadequately.…

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