Germany Africa Business Forum announces funds for energy startups

Germany Africa Business Forum announces funds for energy startups

The Germany Africa Business Forum (GABF) announced Thursday a multimillion-Euro funding commitment to invest in German energy startups that focus on Africa. The GABF, based in Berlin and Johannesburg, South Africa, said the funds are the first of their kind for the advocacy group seeking to advance German partnerships with…

LSE showcases African biz in ‘Companies to Inspire’ report

LSE showcases African biz in ‘Companies to Inspire’ report

The London Stock Exchange has named 360 companies from 32 African nations in its new “Companies to Inspire Africa 2019” report. Nigeria and Kenya lead the way, with the report’s foreword written by President Uhuru Kenyatta. “Entrepreneurship is at the heart of Kenya’s vibrant economy, propelling investment, job creation and…

World Bank promises $180 million for Kenya’s energy sector

The World Bank has approved USD$180 million in loan guarantees to boost Kenya Electricity Generation Company Limited (KenGen) and the country’s energy sector. The KenGen project, supported by private sector financing, will build on Kenya’s progress in diversifying its energy sources – including geothermal power – while bringing much needed…

Moroccan activists create human sun to press for renewable energy

Hundreds of climate activists descended on Casablanca Sunday to create a sun-shaped human banner calling attention to renewable energy. The participants, part of the “Break Free – Go Solar” campaign supported by Greenpeace, created the sun shape near the landmark Hassan II mosque. They were accompanied by messages in English,…

Malawi launches new sustainable development strategy plan

Malawi launched its new five-year development plan on Tuesday during a ceremony at Kamuzu Palace, the State House in Lilongwe. The Malawi Growth and Development Strategy (MGDS) III emphasizes climate priorities, alongside agriculture and water resources, in a vision that runs through 2022 and builds on the previous version. It…

SA: New CNG-fueled buses hit the streets in Tshwane

In South Africa, the City of Tshwane says it’s the first in sub-Saharan Africa to operate city buses that run on compressed natural gas (CNG) as it looks toward a more efficient, user-friendly public transport system. The announcement came during this week’s dedication of a new bus terminal at Belle…