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Author Archives: enterpriseam admin
Posted inINVESTMENT WATCH
Egypt’s Orascom Investment Holding set to invest in renewables and trading in Africa
OIH sees potential in Africa’s renewables: Orascom Investment Holding’s (OIH) board of directors approved investments in EVs and a trading platform to boost intra-Africa trading and logistics services this week, according to the board’s minutes (pdf). OIH did not disclose the size of investments. The details: The investment in the electric mobility sector will provide […]
Posted inSOLAR
TotalEnergies, Iraq finally reach agreement on USD 27 bn cluster of energy projects
PROJECT UPDATE- France’s TotalEnergies and the Iraqi government struck an agreement on the delayed USD 27 bn cluster of energy projects in the country, according to a statement. The accord, which comes after more than a year of stalled talks between the two sides on the back of changes to the government, revives hopes of […]
Posted inWASTE MANAGEMENT
Egypt signs USD 120 mn agreement with Renergy for waste-to-energy plant
Egypt puts pen to paper on its Abu Rawash WtE project: The Egyptian government has inked a USD 120 mn agreement with a consortium led by Renergy Egypt to design, build, own, and operate its new waste-to-energy factory in Abu Rawash city, according to a statement released this week. The players: Joining Renergy in the […]
Posted inCoffee With…
Coffee With: Ramez El-Serafy, CEO Flat6Labs
Coffee With: Ramez El-Serafy (LinkedIn), CEO, Flat6Labs: Ramez El-Serafy has served as Flat6Labs’ CEO for 12 years. Before that, he was responsible for building and managing Sarmady’s mobile apps unit. In March, Flat6Labs launched the Africa Seed Fund (ASF) — a USD 95 mn fund targeting greentech, agritech, smart city, and climate tech startups based […]
Posted inCLIMATE IN THE NEWS
Once-endangered loggerhead sea turtles are thriving in warmer waters
Once-threatened sea turtles are increasing in number due to warmer waters and protection initiatives: Mediterranean Loggerhead sea turtles may be one of the few species thriving under climate change, as rising ocean temperatures are helping the threatened species expand its habitat to western Mediterranean beaches, Reuters reports, citing a study. The world's largest hard-shelled turtle […]
Posted inALSO ON OUR RADAR
Interest in nuclear energy in Egypt is picking up
Two unnamed Russian and US companies are looking to develop small nuclear reactors to produce as much as 300 MW of energy in Egypt, with the companies planning to submit offers to Egyptian authorities soon, Asharq Business reports, citing sources it says have knowledge of the matter. The companies had already negotiated the project — […]
Posted inAROUND THE WORLD
Congo’s Nuru secures mns in funding for power-hungry nation
Congo’s Nuru is getting some love: Congo-based solar mini-grid company Nuru, which aims to supply power to five mn people in a country where access to electricity is largely lacking, is close to finalizing a USD 60 mn series B funding round, and another USD 90 mn round is set to follow in the coming […]
Posted inON YOUR WAY OUT
Collecting and preserving ancient Arctic ice to better understand climate change
Clock is ticking for ice memory: Scientists in the Arctic are on a mission to better understand the phenomenon of “Arctic amplification,” which is causing the Arctic to warm faster than the rest of the planet, the mission organizers said in a statement. The team aims to achieve this by preserving samples of ancient ice […]
Posted inCALENDAR
APRIL 2023 6 April (Thursday): Arabia CSR Awards 2022 Clinic (online). 15-16 April (Saturday-Sunday): G7 Ministers’ Meeting on Climate, Energy, and Environment, Sapporo, Japan. 18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE. 29-30 April (Saturday-Sunday): First COP27 transitional committee workshop, Bonn, Germany. MAY 2023 1-4 May (Monday-Thursday): Arabian Travel […]