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Arab African International Bank, IFC, EBRD, and BII Launch US$500 Million Sustainability Bond to Support Climate Finance and Boost Micro, Small, and Medium-Sized Enterprises
The sustainability bond is the first in Egypt - and the largest issued by a private bank in Africa - and will support green and sustainable projects in Egypt.
- Categories
- Investing
- Region
- North Africa & Near East
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Catalytic Climate Finance Facility Awards USD 2 Million to New Cohort of Blended Finance Vehicles
The CC Facility will grant the selected five grantees USD 2 million to test, structure, launch, and expand solutions.
- Categories
- Energy, Environment, Investing
- Region
- Global
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ADB Partners With MSEL To Build 20-MW Solar Power Plant In Bangladesh
The funding includes a $15.5 million loan from ADB and an $8.8 million loan from the Leading Asia’s Private Infrastructure Fund 2.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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From Baku To The Amazon: Eyes On COP30 As COP29 Disappoints
The meeting’s theme was “In Solidarity for a Green World,” and culminated with the adoption of an agreement that brought incremental progress in climate finance and mitigation goals.
- Categories
- Energy, Environment
- Region
- Global
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Business Seeks Details in Face of Mixed COP29 Climate Messages
While private sector investment was teased throughout the summit - including in a multilateral development bank pledge to mobilise $65 billion of it each year - the devil will be in the details.
- Categories
- Energy, Environment
- Region
- Global
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Viewpoint: Smart Gamble or Foolish Risk? The Case for and Against Nuclear in Africa
Nuclear energy is low carbon, high intensity and consistent, but also expensive, hazardous, and perhaps simply unnecessary.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Hong Kong-Based West Data Group Breaks Ground on 20MW Bitcoin Mining Facility in Ethiopia
Bitcoin mining is an energy-intensive process, which makes countries with abundant, affordable electricity eye-watering prospects for investors.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa