Climate (MENA) 
MENA+ Edition 
Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridors 
Logistics (MENA) 
Standard Chartered is warning South Africa that extending the use of coal-powered plants may drive investors away, Bloomberg reports, citing comments by Standard Chartered CEO for South Africa Kweku Bedu-Addo to Business Day. The bank warned the South African government that investors will not want to be stuck with “stranded assets” as the world transitions […]
Author Archives: enterpriseam admin
Posted inALSO ON OUR RADAR
UAE and Indonesia team up on waste management facility development
UAE partners with Indonesia on waste management infrastructure: Indonesia’s Nusantara Capital Authority (OIKN) and UAE-based waste management company Envirol signed a nondisclosure agreement (NDA) for the development of waste management facilities in Indonesia’s future capital Nusantara, the Indonesian news agency Antara reports. Under the agreement, OIKN and Envirol will set up fat, oil, and grease […]
Posted inAROUND THE WORLD
Kenyan solar startup M-Kopa secures USD 250 mn in latest funding round
Nairobi-headquartered asset financing platform M-Kopa has raised USD 257 mn in debt and equity financing from Standard Bank and the IFC among other players, the Financial Times reports. M-Kopa provides underbanked African customers access to credit as well as goods including solar panels via digital micropayments. Who’s paying in? Japanese trading and investment company Sumitomo […]
Posted inCALENDAR
MAY 2023 16-18 May (Tuesday-Thursday): Seatrade Maritime Logistics Middle East, Dubai, UAE. 19-21 May (Friday-Sunday): G7 Hiroshima Summit, Hiroshima, Japan. 22-24 May (Monday-Wednesday): IEEE Power and Energy Forum, Muscat, Oman. 25-27 May (Thursday-Saturday): Second meeting of the COP27 Transitional Committee, Bonn, Germany. 29-31 May (Monday-Wednesday): Electric Vehicle Innovation Summit, Abu Dhabi, UAE. 29-31 May (Monday-Wednesday): […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: Scatec will help build Egypt’s first green methanol plant
Good morning, friends, and welcome to what is shaping up to be a busy week. We have plenty of regional climate news to jump into, but first… The Enterprise Exports and FDI Forum is taking place today at the Four Seasons Nile Plaza. The event will see CEOs, top execs, bankers, and development finance folks […]
Posted inUncategorized
This publication is proudly sponsored by
Posted inGREEN METHANOL
Scatec inks an agreement with Egypt to build the country’s first green methanol plant
Egypt is getting its first green methanol plant: Egyptian petrochemicals firm Alexandria National Refining & Petrochemicals (ANRPC) signed a cooperation agreement with Norwegian renewables developer Scatec to jointly establish the country’s first green methanol production facility at a cost of around USD 450 mn, according to a statement. The timeline for the project’s completion has […]
Posted inRENEWABLES
Taqa Morocco establishes a new subsidiary to oversee renewables
Taqa Morocco launches new subsidiary to oversee renewable projects: Taqa Morocco — a subsidiary of Abu Dhabi National Energy Company (Taqa) and Morocco’s largest private electricity producer — launched Taqa Morocco Green, a new subsidiary which will manage the company’s solar projects and produce green hydrogen, the North Africa Post reports, citing Moroccan French daily […]
Posted inUncategorized
Posted inWASTE MANAGEMENT
Morocco, Portugal will establish USD 100 mn ‘green’ textile recycling project
Morocco agreed with Portugal to set up a “green” MAD 1 bn (c. USD 100 mn) textile recycling project partially powered by renewables, Asharq Business reported yesterday. The agreement for the project — led by Portuguese textile manufacturer Valerius Texteis — was signed on the sidelines of the 14th Portugal-Morocco High Level Meeting on Friday. […]