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Spiro Raises $215 Million as Race for Africa’s EV Market Heats Up
The round, backed by investors including Impact Fund Denmark and Equitane, comes four months after Spiro secured $50 million in debt financing and less than a year after a separate $100 million equity raise led by Afreximbank’s Fund for Export Development in Africa (FEDA).
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Report: The Human Cost of Recycling Tech Devices
Using more than 20 years of data, Finn and Gounaridis are working to make sense of what they call the “informal paradox”; a complex trade-off between relative economic opportunity and exposure to chronic health and environmental harm.
- Source
- University of Michigan School for Environment and Sustainability (SEAS) (link opens in a new window)
- Categories
- Environment, Health Care
- Region
- Sub-Saharan Africa
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Selling the Outcome, Not Just the Appliance: What the Clean Cooling Sector Can Learn from Clean Cooking
The demand for cooling solutions will more than triple by 2050 — and based on current technologies and strategies, this increase will almost double cooling-related greenhouse gas emissions, worsening the very crisis that's driving this growth. Colm Fay, Ekta Jhaveri and Rajat Chabba at the William Davidson Institute (WDI) explore how sustainable cooling solutions could meet this rising demand, while cutting emissions by nearly two-thirds. To achieve that ambitious goal, they argue that the clean cooling sector should leverage the experience of the off-grid solar and clean cooking industries. They share insights from a new WDI report that highlights what clean cooling can learn from both the successes — and the flawed assumptions — of these sectors.
- Categories
- Energy
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Press Release: Direct Carbon Pricing Covers Nearly One Third of Global Emissions
Just over 29% of global greenhouse gas emissions worldwide are now covered by direct carbon pricing. This would increase to around one-third if instruments currently under development are implemented in several more major emerging economies.
- Categories
- Environment
- Region
- Global
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British International Investment Partners with Ecobank DRC to Expand Sustainable Financing for SMEs in the DRC
The facility will target sectors critical to the country’s economic development, job creation and more resilient supply chains in the real economy, including agriculture and agro‑processing, industrial, infrastructure, climate‑aligned projects and renewable energy, as well as local entrepreneurship.
- Region
- Sub-Saharan Africa
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Qatar’s Green Sky Capital Backs a Sustainable Aviation Fuel Facility in Egypt
The Qatar-based aviation fuel company, Green Sky Capital, recently secured funding for a sustainable aviation fuel (SAF) production facility in Egypt’s Ain Sokhna, believed to be valued at $500 million.
- Categories
- Energy
- Region
- North Africa & Near East
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PepsiCo and Talusag Announce Low-Carbon Ammonia Attribute Agreement to Help Accelerate Fertilizer Decarbonization
The initial agreements span PepsiCo’s Europe, Sub Saharan Africa, Asia Pacific, and global teams, representing approximately 30,000 metric tons of low-carbon ammonia, with an option to purchase an additional 41,000 metric tons.
- Categories
- Agriculture
- Region
- Global
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British International Investment Targets £15 Billion of Capital for Developing Economies as It Launches Climate Initiative as Part of New Five-Year Strategy
A central pillar of the new strategy, launched by Minister for Development Jenny Chapman, is a focus on accelerating the flow of private capital to developing countries.
- Categories
- Environment, Finance
- Region
- Global
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