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Business and Finance

229 Results / Page 11 of 26

Background

Africa

Africa Water Crisis Threatens Lives, Food Security, Economic Stability – Report

[ad_1] Few weeks ago, Centre for Science and Environment (SCE), a not-for-profit public interest research and advocacy organisation based in New Delhi, India, released its Down To Earth annual State of Africa Environment 2024 report. The report, which was released in Nairobi, Kenya, three weeks ago, highlights the intersection between water on the one hand and migration, climate change, poverty and diseases on the other. The State of Africa Environment 2024 report emphasized that Africa faces escalating water crisis that […]

todayOctober 9, 2024 3

Africa

Africa Oil Week – Mantashe Slams ‘Foreign-Funded’ Activists

[ad_1] Protests held against fossil-fuel industry in Cape Town and Johannesburg Hundreds of environmental activists from various organisations took to the streets of Sandton calling for a boycott of the upcoming Africa Energy Week. In Cape Town, Extinction Rebellion and The Green Connection protested outside the Africa Oil Week conference. Africa Energy Week (AEW) will be hosted in Cape Town from the 4 to 8 November, and boasts that it is "Africa's biggest gathering of energy policymakers, companies and investors. […]

todayOctober 9, 2024 2

Africa

Africa: Britain Has Neglected Africa and the Commonwealth for Over a Decade – 4 Ways It Can Reset Relations

[ad_1] The United Kingdom is resetting its relations with Africa and other countries in the global south after more than a decade of neglect. At the United Nations in September, British prime minister Keir Starmer promised his government was returning the UK to responsible global leadership. This should include reconnecting with the countries of the global south which feel they have been neglected and among whom Britain's voice is now at a discount. The new Labour government's recently launched reviews […]

todayOctober 9, 2024 1

Africa

Africa’s Great Green Wall Will Only Combat Desertification and Poverty By Harnessing Local Solutions

[ad_1] In the rural village of Téssékéré, the increasing number and intensity of droughts linked to climate change is making the lives and livelihoods of the local Fulani communities increasingly vulnerable. Here, in the northern Sahel desert region of Senegal (known as the Ferlo), the pastoral population walks over dry, dusty ground with their livestock in search of grazing areas and working borehole water pumps. In favourable years, these farmers can stay in the fields around their local borehole, but […]

todayOctober 9, 2024 2

Africa

Africa: South Africa’s Potential for Oil and Gas ‘Significant’ – Mantashe

[ad_1] Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored deep waters have significant potential for oil and gas. The Minister was speaking during Africa Oil Week held at the Cape Town International Convention Centre. "In the past two years, TotalEnergies, Shell and Galp have made eight discoveries across three blocks in Namibia's Orange Basin, representing an estimated 3.5 billion […]

todayOctober 8, 2024 1

Africa

Africa: Equator Africa Gets $5m From IFC for African Climate Tech Startups

[ad_1] TLDR Equator Africa, a VC firm supporting early-stage climate tech startups in sub-Saharan Africa, receives $5 million from IFC for innovation in the African climate sector. Initial close of $40 million in April aims to address funding gap for seed and Series A-stage startups in the region. Korea Green Resilient and Innovative Development Programme adds $1.5 million guarantee, scaling Equator Africa's fund to $54 million. Equator Africa, a venture capital firm focused on supporting early-stage climate tech startups in […]

todayOctober 8, 2024

Africa

Africa: Remittance Fintech Zepz Raises $267m to Fuel Expansion in Africa

[ad_1] TLDR Zepz, formerly WorldRemit, secures $267 million funding round for expansion in key African and global markets. Funding led by Accel with participation from Leapfrog, TCV, Coller Capital, and IFC. Zepz, operating WorldRemit and Sendwave, serves over 11 million users in 150 countries. Formerly known as WorldRemit, fintech company Zepz has raised $267 million in a new funding round to support its expansion in its core African markets and globally. The round was led by Accel, with participation from […]

todayOctober 8, 2024 1

Africa

Africa: Loaded for Bear – Africa Oil Week Begins in Shadow of Green Energy Scramble

[ad_1] Africa Oil Week begins in Cape Town on 8 October. But the real scramble in Africa these days is for the green metals required for the energy transition. A decade or so ago, Africa Oil Week took place against the backdrop of a scramble for oil and gas in Africa. Recent discoveries at that time included Ghana's offshore Jubilee oil field in 2007 and Uganda's Albertine Graben oil deposit. Africa was seen as the growth area for oil and […]

todayOctober 8, 2024 2

Africa

Ecomondo 2024: The Mattei Plan for Sustainable Development the Focus of the “Africa Green Growth Forum”

[ad_1] At Italian Exhibition Group's leading trade show for green technologies, from 5 th to 8 th November, in Rimini, Italy, focus on Africa and global environmental challenges. More than 100 African representatives and delegations from 120 foreign countries expected to attend. Only a month to go until Ecomondo 2024, Europe's beacon event for the circular and green economy, organised by IEG - Italian Exhibition Group, from 5 th to 8 th November at Rimini Expo Centre in Italy. "The […]

todayOctober 8, 2024 1

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