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A helping hand for Tunisia: The Tunisian government and the World Bank have signed a EUR 113.6 mn loan agreement to back the country’s Sanitation Public-Private Partnership (PPP) Support project, according to a statement released this week. The project aims to enhance the quality of wastewater management services in select areas in the country and […]
Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
KSA’s Aramco Ventures invests in USD 22 bn funding round for British sustainable fuel startup
Aramco Ventures supports British SAF production startup: Oil giant Saudi Aramco’s venture subsidiary Aramco Ventures is participating in the latest financing round by British sustainable fuels startup OXCCU led by Clean Energy Ventures, according to a company statement (pdf) published yesterday. OXCCU raised USD 22 mn to accelerate its efforts to commercialize its method of […]
Posted inUncategorized
Posted inM&A WATCH
Oman’s Nama merges power supply and distribution companies to cut costs
One merger to rule them all: Oman’s Nama Holding Group, the holding company of state-owned power sector entities in the country, has announced the merger of all power supply and distribution entities under two entities: Nama Electricity Distribution and Nama Supply, ONAreported earlier this week, citing statements by the group’s executives. The two entities are […]
Posted inCLIMATE DIPLOMACY
Spanish delegation lands in Morocco to boost renewable cooperation
Spain, Morocco seek to boost partnerships on renewables and more: Spain’s Secretary of State for Trade Xiana Mendez and a delegation of 58 Spanish companies are in Casablanca for a three-day visit intended to boost local partnerships between Moroccan and Spanish companies, Moroccan World News reports. The delegation will discuss partnerships in renewable energy, water […]
Posted inCLIMATE IN THE NEWS
Paris is looking to plant heat-resistant trees to combat climate change
Paris to plant climate-resistant trees: The French capital intends to plant some 170k trees by 2026, including ones that are resistant to heat in anticipation of rising temperatures in the coming years, Bloomberg writes. The new plan could see Paris plant heat-resistant trees such as the Turkish hazel, the Montpellier maple, and the European nettle […]
Posted inALSO ON OUR RADAR
Egypt’s MNOs gear up to tap into clean energy
Egypt’s four telecoms companies are getting a taste of renewables: Egypt’s New and Renewable Energy Authority (NREA) has signed contracts with the country’s four mobile network operators for the conversion of their premises to operate on clean energy, according to a statement. The contracts were signed with We, Orange Egypt, Etisalat Misr, and Vodafone Egypt. […]
Posted inAROUND THE WORLD
Exxon wants the EU to follow the steps of US over climate action + Shell ‘green’ ad campaign gets the ax over being misleading
Exxon wants the EU to let the market be: The EU should follow the example of US policy with regards to climate action and “let the market work” to avoid pushing companies away with limiting rules, Bloomberg reports, citing comments made by Exxon Mobil CEO Darren Woods. “I think it’s a huge mistake to be […]
Posted inON YOUR WAY OUT
Air quality monitoring networks could be a huge untapped source of biodiversity data
Air quality monitoring stations are unintentionally capturing large amounts of airborne DNA from animals and plants helping scientists track biodiversity, BBC Future Planet reports, citing a paper (pdf) published in Current Biology. Scientists have been able to extract airborne DNA from air quality monitoring stations’ filters in the form of skin cells, saliva, hair, and […]
Posted inCALENDAR
JUNE 2023 5-15 June (Monday-Thursday): Bonn Climate Change Conference, Bonn, Germany. 5-8 June (Monday-Thursday): IDEA2023, Chicago, US. 8 June (Thursday): Envirotec and Energie Expo, Tunis, Tunisia. 11-12 June (Sunday-Monday): Arab-Chinese Business Conference, Riyadh, Saudi Arabia. 12-15 June (Monday-Thursday): Saudi Plastics & Petrochem, Riyadh, KSA. 13-14 June (Tuesday- Wednesday): The Arab Green Summit, Dubai, UAE. 13-14 […]