Climate Action in the Middle East North Africa (CAMENA) invests US$4.42mn in the Green for Growth Fund (GGF) to attract private capital for helping the region fight climate change and together with US$5.52mn European Investment Bank (EIB) investment, the contribution focuses on financing and promoting green energy measures
Energy
Wärtsilä supplying additional gas engines for North African power plant
Wärtsilä has announced to supply two more Wärtsilä 34SG engines for an existing power plant located in Borg El Arab, an industrial city located 45km southwest of Alexandria, Egypt
Revised Proposal for Orca Exploration Group Inc
Swala Oil & Gas (Tanzania) plc, has noted the announcement made by Orca Exploration Group Inc on 26 July 2019 and provides the update to its announcement on 3 June 2019
REDAVIA partners with Lendahand to crowdfund upcoming solar farms
REDAVIA, global clean solar solution provider for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar units in partnership with Lendahand, an online impact investing platform where investors can invest in sustainable initiatives in emerging countries
Siemens signs 25,000MW electricity deal in Nigeria
Siemens has signed an electricity agreement with Nigerian government, a move that is seen to produce 25,000MW of electricity by 2025