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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

Africa 481
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LFP Cathodes — Made in Morocco, Financed by China, Exported to the West

CleanTechnica EVs

The USA has effectively locked out Chinese batteries from its domestic market, but what if components like LFP cathodes are made in Morocco, in a factory financed by a Chinese–Korean partnership? Looks like there is more than one way to skin a cat. Sounds complicated, but it might just work, as Morocco has a free […]

Morocco 137
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Kenya’s Largest Bank To Provide 100% Financing For Riders To Acquire 100,000 Electric Motorcycles!

CleanTechnica EVs

The KCB Group is the largest financial services organization in East Africa in terms of asset size. The Group is headquartered in Nairobi, Kenya, with subsidiaries in Kenya, Rwanda, South Sudan, Tanzania, Uganda, and Burundi.

Burundi 133
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Mbay Mobility Is Launching An All-Electric Taxi Financing Platform In Senegal

CleanTechnica EVs

The aptly-named Mbay wants to help cultivate and grow the green mobility sector in West Africa, starting in Dakar, Senegal. M’Bay means to cultivate in Wolof,the main language in Senegal. Mbay wants to play a key role in the transition to electric mobility by being the first mover in the electric car sector in Senegal […]

Senegal 119
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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

Green Car Congress

Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. John Parker: In his 41-year career at Ford Motor Company, John focused on emerging markets in Asia and Africa, living and working throughout the region before returning to his homeland of Australia.

Financing 291
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Kenya & European Commission Sign €348 Million Financing Agreement For Electric Bus Rapid Lane

CleanTechnica EVs

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 133
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Sibanye-Stillwater increases its shareholding in Keliber to 84.96%

Green Car Congress

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.).