The Federal Government is pushing for funding to the tune of $400bn to help implement Nigeria’s Energy Transition Plan. The Minister of Environment, Mohammed Abdullahi, said the push was being …
COP27
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BusinessEconomyEnergyNigeriaSpotlightUncategorized
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AfricaAFRICA NEWSBusinessEnergyINVESTMENTNewsSouth AfricaSouthern Africa
South Africa submits new climate plan to win $8.5bn for coal switch
South Africa has submitted to some of the world’s richest nations a revised plan for how it will spend a proposed $8.5 billion to help it transition away from coal, …
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AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern Africa
World Bank approves a $400m loan to Egypt for low-carbon freight railway
The World Bank has approved a $400 million loan to Egypt to develop a railway bypass for freight trains that will help improve and decarbonise the country’s transportation and logistics sector, the …
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AfricaAFRICA NEWSBusinessEconomyEgyptNewsNorth AfricaNorthern Africa
Egypt set up committee to ease customs clearance and tax return to participants in COP27
Finance Minister Mohamed Ma’eit has decided to form a committee, whose job it will be to ease customs clearance and value-added tax return to participants in the upcoming climate summit, …
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AfricaEconomyEgyptGlobal NewsNewsNorth AfricaSouthern Africa
As COP27 looms, Africa receives a 10th of climate financing it needs
As the international climate community prepares for COP27 in Sharm el-Sheikh, Egypt, new analysis shows just how far off their host continent is in terms of attracting the finance it …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness
AfDB receives $5 million grant to tackle methane emissions
The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …
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AfricaAFRICA NEWSBusinessEgyptNewsNorth AfricaNorthern AfricaTechnology
Egypt launches ClimaTech RUN 2022 initiative
Ministries of International Cooperation, Environment and Communications held an event Monday to launch the global initiative“ClimaTech Run 2022”. The ClimaTech Run 2022 aims to attract and motivate technology startups working …