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

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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