Transformational $150 Million PE Fund Aims to Revitalize 30,000 Buildings Across Africa

Transformational $150 Million PE Fund Aims to Revitalize 30,000 Buildings Across Africa
5 days ago

A new private equity fund, spearheaded by a consortium of investors, has been launched to the tune of $150 million, marking a significant step towards greening the continent of Africa. The initiative is particularly ambitious, with plans to retrofit and transform 30,000 buildings to improve energy efficiency and reduce carbon emissions. This strategic move aligns with wider global sustainability targets and underscores the urgency of addressing climate change impacts across the continent.

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Kenya Set to Secure $1.5 Billion UAE Loan Next Week

Kenya Set to Secure $1.5 Billion UAE Loan Next Week
2 months ago

In a significant financial development, Kenya is reportedly poised to receive a substantial loan amounting to $1.5 billion from the United Arab Emirates (UAE) next week. This infusion of funds is expected to bolster the East African nation's economy as it navigates a complex landscape marked by high public debt and pressing financial challenges.

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