Conference of the Parties (COP28): Italy announces €5 Million contribution to Sustainable Energy Fund for Africa
Italy has made a new commitment of €5 million to Africa’s sustainable energy future through the Sustainable Energy Fund for Africa (SEFA) (https://apo-opa.co/46J7nRR) Special Fund. The Italian Deputy Minister of Environment and Energy Security, Vannia Gava, announced the new contribution on Monday during a side event at the 2023 United Nations Climate Change Conference, COP28 (https://apo-opa.co/4a9nonc), in […]
Tanzania and the East African Community (EAC) at the centre of regional transmission expansion: Tanzania Energy Cooperation Summit 2024
Investors from across industry, finance and government are convening to showcase Tanzania’s potential. Potential that is epitomised by a country now ranked third in sub-Saharan Africa for future investment, that is expected to see 6% GDP growth by 2025, and that has seen hundreds of millions, if not billions, of dollars of investment, targeted towards […]
Marriott International and Palm Hills Developments Sign Agreement to Open the Ritz-Carlton Cairo, Palm Hills in Egypt
Marriott International, Inc. (www.Marriott.com) today announced it has signed an agreement with Palm Hills Developments to open The Ritz-Carlton Cairo, Palm Hills, signaling a commitment to strengthening its portfolio of properties across the company’s luxury brands in Egypt. “We are thrilled to work with Palm Hills Developments to bring a new level of exceptional luxury […]
Conference of the Parties (COP28): European Investment Bank (EIB) Global presents first just resilience and just transition approach to meet needs of most vulnerable
The EIB (https://www.EIB.org) is the first international financial institution to launch a just resilience approach to be applied from 2024 onwards; EIB is expanding its support for a just transition globally including through Just Energy Transition Partnerships and Team Europe initiatives in 9 pilot countries; the new approaches aim to support those most impacted by climate policies […]
Africa remains one of the regions most targeted by cybercrime in 2023
As organisations continue to become more digitised, throughout 2023 Africa remains one of the world regions most targeted by cybercrime. At a recent press conference in Johannesburg, Kaspersky (www.Kaspersky.co.za) shared some insights and statistics related to the regional threat landscape in the third quarter of 2023 and made forecasts on how the situation is going […]
Youth-led African enterprises awarded $800,000 at Conference of the Parties (COP28) for climate solutions
Eight dynamic African young women-led businesses emerged as winners of the 2023 YouthAdapt challenge. Each business will receive grant funding of up to $100,000. They will also receive a comprehensive mentorship and coaching as part of a 12-month accelerator program. Since its launch in 2021, the YouthADAPT initiative (https://apo-opa.co/49ZU0zH) has provided more than $5 million to […]
TIKO unveils board and commitment to African Youth
African non-profit TIKO announces new Board of Directors and rebrand CAPE TOWN, South Africa, 5 December 2023 -/African Media Agency(AMA)/- Tiko, formerly Triggerise, is pleased to announce a strategic rebranding initiative, marking a significant milestone in the company’s evolution. As an established, next generation African non-profit, Tiko will continue to use smart technology and data-driven insights […]
Islamic Development Bank (IsDB), Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Renewable Energy Agency (IRENA) Pioneer a Green Horizon: Strategic Collaboration Unveils New Frontiers in Renewable Energy Finance
The Islamic Development Bank (IsDB), and its multilateral credit and political risk insurer “The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (https://ICIEC.IsDB.org), signed a Collaborative Partnership Agreements with The International Renewable Energy Agency (IRENA) on December 2nd, 2023, on the sidelines of COP28’s celebrations. These significant agreements solidify IsDB and ICIEC’s […]
Climate and Energy Campaigners Demand that African Leaders to End Fossil Fuel Investment
DUBAI, UAE, December 5, 2023 -/African Media Agency (AMA)/- African climate campaigners and renewable energy industry advocates convened a press conference at COP28 in Dubai today, urging African leaders to put their communities first and reject new fossil fuel investments. “The climate crisis continues to impact the frontline communities’ livelihoods in the Global South, especially in […]
Africa Finance Corporation Signs US$350 Million Long-term Line of Credit with African Development Bank for Infrastructure
Africa Finance Corporation (AFC) (www.AfricaFC.org), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with the African Development Bank (AfDB). The agreement, which was signed during the ongoing 28th Conference of the Parties (COP 28), supports urgently needed financing for infrastructure projects to underpin […]
