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Investors are failing African entrepreneurs — it’s time for a change

GreenBiz

Despite the global economic slowdown caused by COVID-19, the case for investing in Africa is stronger than ever. Africa will remain a competitive investment destination for decades to come because of its improving relative risk profiles, regional integration and strong economic fundamentals. Salma Okonkwo.

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The Challenge of Developing East Africa – Part 2

Climate 4.0

The question is, how do the developed nations of the West effectively and honorably interact with the developing world today, in East Africa and elsewhere? Yet foreign direct investment (FDI) in the region remains sparse. The investments amount to about 1% per capita of the FDI invested in the United States or EU states, for example.

Africa 59
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Sudan’s first foreign venture capital investment in 30 years: $5 million for Alsoug.com

Impact Alpha

ImpactAlpha, October 19 — Macroeconomic, political and currency risks can make investors wary of infrastructure and private equity in Africa (for context, see. The post Sudan’s first foreign venture capital investment in 30 years: $5 million for Alsoug.com appeared first on ImpactAlpha.

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Funding grants to power up three African e-mobility projects

Smart Energy International

South Africa’s Electric Mission Executive Director, Hiten Parmar said: “As renowned subject matter expert in electric mobility, we are honoured to be backed by the global Drive Electric Campaign’s LEAP Fund to advance electric mobility in South Africa, and Africa.” Have you read?

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The Challenge of Developing East Africa – Part 3

Climate 4.0

In meeting its emissions-reduction challenges, East Africa faces a less daunting challenge than many parts of the world, mostly because its manufacturing sector and traditional infrastructure is so underdeveloped. East Africa is less dire overall than many regions.

Africa 52
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“Back Off”: African Climate Groups Decry Europe’s Dash for Gas at COP27 

DeSmogBlog

German, Italian and other companies have been scouring Africa for alternatives to Russian supplies in the wake of the February invasion of Ukraine, raising fears that new projects will lock Africa into long-term dependence on fossil fuels. percent of global greenhouse gas emissions. We cannot be Europe’s gas station.

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Operational clean hydrogen production projects set to double globally within the next five years

Envirotec Magazine

followed suit through the introduction of a clean hydrogen production tax credit through the Inflation Reduction Act and a hydrogen hubs program through the Infrastructure Investment and Jobs Act (IIJA) whilst also introducing its National Clean Hydrogen Strategy and Roadmap. Meanwhile, the UK launched its hydrogen strategy in 2021.

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