CleanTechnica EVs

APRIL 4, 2023

million financing arrangement for East Africa’s first dedicated electric bus rapid lane. Kenya and the European Commission have reached an agreement for a €347.6

Kenya 132

Kenya Financing Belgium Electric 132

CleanTechnica EVs

OCTOBER 14, 2022

Financing facilities are critical to the growth of any sector, and this will be a key enabler for Kenya’s electric mobility industry. Kenya’s electric mobility sector is starting to get really exciting and gaining some significant traction.

Kenya 123

Kenya Financing Electric Electrical 123

CleanTechnica EVs

AUGUST 9, 2023

Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has so far deployed over 9200 electric motorbikes across Benin, Togo, and Rwanda.

Benin 85

Benin Togo Rwanda Electric Motorcycles 85

Green Car Congress

OCTOBER 4, 2022

South Africa-based mining and metals group Sibanye Stillwater has increased its effective shareholding in Keliber Oy to 84.96%. At the end of June 2022, Keliber announced a financing arrangement that enables the lithium project to progress to the construction phase. Earlier post.) Earlier post.).

South Africa 273

South Africa Financing Finland Africa 273

Green Car Congress

MARCH 29, 2017

Westinghouse has obtained $800 million in debtor-in-possession (DIP) financing from a third-party lender to help fund and protect its core businesses during its reorganization. The financing will also allow for new letters of credit to be issued. Existing letters of credit have been cash collateralized in full and will remain in place.

Financing 150

Financing New York City New York Africa 150

CleanTechnica EVs

OCTOBER 26, 2022

The event will feature over 20 e-mobility companies and attract over 1,000 attendees from the transport, energy, environment, education, and finance sectors, as well as the general public. This Saturday, the 29th of October, there will be a 1-day electric mobility exhibition at the Waterfront Mall in Karen, Nairobi!

Africa 98

Africa Financing Environment Electric 98

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

South Africa 186

South Africa Hydrogen Green Africa 186

Green Car Congress

MARCH 14, 2022

The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland.

Poland 273

Poland Malawi Africa Financing 273

CleanTechnica EVs

OCTOBER 6, 2022

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

Kenya 98

Kenya Financing Transportation Commercial 98

Green Car Congress

NOVEMBER 26, 2019

Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. Of the total $133 billion in asset finance that flowed to supporting development of new clean energy projects in the markets in developing nations, just $24.4 —Luiza Demôro, project manager for BloombergNEF.

Coal 243

Coal Clean Cleaning Financing 243

CleanTechnica EVs

APRIL 9, 2021

EkoRent Africa’s NopeaRide, Africa’s first all-electric ride-hailing taxi firm and delivery service (Nopea Xpress), has received funding from EEP Africa for piloting solar electric vehicle charging stations in Kenya. The first hub will be […].

Kenya 124

Kenya Africa Charging Taxi 124

Green Car Congress

FEBRUARY 22, 2023

On the other hand, venture finance deal values also grew from $595.23 —Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022.

Hydrogen 473

Hydrogen Global Economy Market 473

Green Car Congress

MAY 22, 2023

The Nigerian government planned to construct smaller modular refineries, but the lack of financing caused delays and the current status of those refineries is unclear. Refineries need to employ strategies to manage wax formation.) The Dangote Refinery, which suffered multiple delays, was scheduled to be commissioned by the end of 2022.

Nigeria 259

Nigeria Oil Africa Financing 259

Green Car Congress

SEPTEMBER 5, 2021

Based in China, it has oil and gas assets and interests in more than 30 countries in Africa, Central Asia-Russia, America, the Middle East, Asia-Pacific, and other regions. CNPC) is an integrated international energy company. In China, CNPC has 22,62 service stations.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

JULY 4, 2023

Notably, global hydrogen trade is projected to generate more than US$280 billion in annual export revenues by 2050, with North Africa expected to benefit the most (US$110 billion per year) due to its high export potential.

Clean 429

Clean Cleaning Hydrogen Market 429

Green Car Congress

MARCH 19, 2023

Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North Africa and part of Amarenco Group. The company finances, develops, builds and operates C&I and large-scale solar PV plants across Europe, the Middle East, and Asia.

Hydrogen 150

Hydrogen Energy Storage Ireland Poland 150

CleanTechnica EVs

AUGUST 1, 2023

I have been quite bullish on the transition to electric mobility on the African continent. That’s because there are quite a number of factors that will help catalyze the transition at a much faster pace than most expect. Unlike in developed nations where the transition is taking off big time — especially in the electric […]

Electric Motorcycles 98

Electric Motorcycles Financing Motorcycles Electric 98

Green Car Congress

SEPTEMBER 12, 2023

The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

Mozambique 186

Mozambique Financing Legal Louisiana 186

Green Car Congress

NOVEMBER 22, 2022

UTM Offshore’s signing of the deal will be a game changer within Africa’s gas market. The penetration of FNLG in Africa, which started in Cameroon and expanded to Angola and Mozambique and now to Senegal, Mauritania and Nigeria, highlights Africa’s commitment to unlocking the full exploitation of its gas resources.

Nigeria 186

Nigeria Gas Mauritania Cameroon 186

Green Car Congress

MAY 8, 2022

The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. The balance of the financing proceeds will be used to fund the restart of operations in Namibia and for working capital purposes.

Namibia 284

Namibia Chinese Companies Financing 284

Electrek

MAY 18, 2021

According to the Rainforest Action Network, Dimon either dismissed those questions, punted, or demonstrated an apparent misunderstanding of his bank’s policies. more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek.

Oil-Sands 112

Oil-Sands Emissions Coal Africa 112

Green Car Congress

MAY 26, 2023

In the report, the Global South is an economic term that refers to low- and middle-income countries in Africa, Eastern Europe, Latin America, the Caribbean and Asia.

Davis 210

Davis Global The Fia Foundation Africa 210

CleanTechnica EVs

SEPTEMBER 14, 2022

M-KOPA, a connected asset financing platform that offers underserved and unbanked customers across Africa access to life enhancing products and services, has just released its Impact Report for 2021. M-KOPA was established over 10 years ago, and pioneered and helped catalyze the growth of the pay-as-you-go (PAYG) solar market.

Africa 52

Africa Financing Solar Connect 52

Green Car Congress

OCTOBER 9, 2018

Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6 South Africa at $2.6 —Colin McKerracher.

Clean 259

Clean Cleaning Companies South Africa 259

Green Car Congress

DECEMBER 23, 2016

Volkswagen is taking a further step to develop market potentials in Africa. At the inauguration, Diess underlined Kenya’s key role within the Volkswagen brand’s Africa strategy: “ After over 60 years of Volkswagen vehicle production in South and North Africa, I am delighted to now have a further site in Kenya. initiative.

Rwanda 150

Rwanda Kenya South Africa Concept 150

Green Car Congress

JUNE 29, 2019

Solar Sister (Great Falls, Virginia) invests in women’s enterprises in off-grid communities in Africa. is using pay-as-you-save financing to help transportation companies switch to electric buses. Three Wheels United (Bangalore, India) is using finance and technology to decarbonize the auto rickshaw market. Energy Access.

2019 207

2019 Lesotho Conversion Aspen 207

CleanTechnica EVs

SEPTEMBER 22, 2023

Watu says it has been at the forefront of asset financing for two- and three-wheeler vehicles. So far, the company has financed the purchase of over 100 electric assets in Kenya. Watu’s e-motorbike financing model enables customers to acquire an electric motorcycle for as little as Ksh 450 daily (US$3 per day).

Kenya 116

Kenya Electric Motorcycles Financing Motorcycles 116

CleanTechnica EVs

FEBRUARY 9, 2024

GOGO, formerly known as BODAWERK, and its asset financing partner Watu have just celebrated a key milestone. The 1,000th electric. continued] The post 1,000th Electric Motorcycle Sold Via GOGO & Watu Partnership in Uganda appeared first on CleanTechnica.

Uganda 107

Uganda Electric Motorcycles Motorcycles Financing 107

CleanTechnica EVs

NOVEMBER 16, 2023

Ghana’s Minister for Finance and Economic Planning presented the 2024 Budget Speech yesterday. As part of that speech, some great. continued] The post Ghana Waives Import Duties on Electric Vehicles For 8 Years Starting 2024 appeared first on CleanTechnica.

Ghana 136

Ghana Electric Vehicles Financing Vehicles 136

Green Car Congress

OCTOBER 13, 2022

Meanwhile, projects face long lead times to finance, develop and commission. Europe— even with additional upside from recent policy advances—the Middle East and Africa are set to lag behind their counterparts. advancing or delaying the time of electricity dispatch.

Energy Storage 259

Energy Storage Global Market Energy 259

CleanTechnica EVs

OCTOBER 24, 2023

Ethiopia’s Ministry of Finance exempted all electric vehicles from VAT, surtax, and excise tax! A year ago, the Ethiopian government introduced some incentives to catalyze the adoption of electric vehicles. They went further to exempt completely knocked-down kits from customs duty tax.

Ethiopia 143

Ethiopia Tax Kits Financing 143

Green Car Congress

DECEMBER 30, 2022

This latest announcement in diversification and expansion follows Graphex’s recent raw material sourcing announcements around the world, including Canada, the US, Brazil, and Tanzania as well as active pursuits of additional resources in Canada, Africa, and Europe.

Australia 170

Australia Supplies Li-ion Manufacturer 170

CleanTechnica EVs

OCTOBER 2, 2023

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […] Here is some good news from Zambia.

Zambia 131

Zambia Climate Change Electric Vehicles Financing 131

Green Car Congress

APRIL 15, 2023

—Rob Redfearn, CEO of TerraStar Construction times are as low as 12-18 months, greatly reducing the carrying costs of financing compared to larger plants which can take three years to complete. TerraStar hopes to shorten the turn-around times even more as they scale this technology.

Diesel 170

Diesel Fuel Energy Waste 170

CleanTechnica EVs

APRIL 17, 2023

Moove, the world’s first mobility fintech company, was founded in response to the challenge faced by over 2 million African mobility entrepreneurs — the lack of access to vehicle financing. Lack of affordable vehicle financing is a big issue on the continent.

Companies 96

Companies Financing Affordable Vehicles 96

Green Car Congress

OCTOBER 12, 2019

Queisser is a senior executive with international business leadership experience spanning Europe, Africa, the Middle East, and North America. Alongside Queisser is Albert Ishak, CFO, previously Financial Controller within the Airbus A400M program, who has led organizations across aerospace, agriculture, gaming, finance, and logistics.

Industrial 285

Industrial Industry Manufacturer North America 285

Green Car Congress

SEPTEMBER 4, 2020

The Commission will therefore develop sustainable financing criteria for the mining and extractive sectors by the end of 2021. Pilot partnerships with Canada, interested countries in Africa and the EU’s neighbourhood will start as of 2021.

Europe 365

Europe International Supplies Africa 365