Browsing: Egyptian Exchange (EGX)

Carbon credits snapped up by Saudi firms in a Nairobi auction.

Africa’s carbon credit market

Industry and Trade

The demand for carbon offsets is rapidly growing in Africa, unlocking billions for the climate finance needs of economies. Kenya recently hosted a carbon credits auction. The auction is the world’s largest sale, where firms from Saudi Arabia bought more than 2.2 million tonnes of certified carbon credits.…