{"id":76865,"date":"2023-04-06T02:35:14","date_gmt":"2023-04-06T02:35:14","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/?post_type=issue&#038;p=76865"},"modified":"2025-12-15T08:46:20","modified_gmt":"2025-12-15T08:46:20","slug":"egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/","title":{"rendered":"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa"},"content":{"rendered":"<section id=\"76867\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76867\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/\">\r\n                            TODAY: OIH approves investments in EVs + France\u2019s TotalEnergies, Iraq finalize agreement on energy projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=TODAY: OIH approves investments in EVs + France\u2019s TotalEnergies, Iraq finalize agreement on energy projects&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/&title=TODAY: OIH approves investments in EVs + France\u2019s TotalEnergies, Iraq finalize agreement on energy projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=TODAY%3A+OIH+approves+investments+in+EVs+%2B+France%E2%80%99s+TotalEnergies%2C+Iraq+finalize+agreement+on+energy+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Ftoday-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76868\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/today-oih-approves-investments-in-evs-frances-totalenergies-iraq-finalize-agreement-on-energy-projects\/1971-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1971.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/1971.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76867\" class=\"content-area-description single-story post-76867 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-carbon-markets tag-enterpriseclimate tag-eu tag-g7 tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Good morning, wonderful people<\/strong>, and happy Thursday. We\u2019ve reached the halfway point in Ramadan and are looking forward to a restful week, but first\u2026<\/p>\n<p><strong>THE BIG CLIMATE STORY- <\/strong>Orascom Investment Holding\u2019s board of directors approved investments in EVs and a trading platform to boost intra-Africa trading and logistics services in Egypt this week, and over in Iraq it appears France\u2019s TotalEnergies and the Iraqi government have finally struck an agreement on the long-delayed USD 27 bn cluster of energy projects in the country. <strong>We have the details on these stories and more in the news well, below.<\/strong><\/p>\n<p><strong>ALSO- <\/strong><strong> We have more details on the financiers of Egypt\u2019s 500 MW Gulf of Suez wind <\/strong><strong>farm: <\/strong>The European Bank for Reconstruction and Development (EBRD) and the UN\u2019s Green Climate Fund will each extend credit lines totalling USD 50 mn to finance the 500 MW Gulf of Suez wind farm in Ras Ghareb, contributing a fifth of the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b4074868-f6de-4007-9798-a9bdee7c80fa\">USD 501 mn syndicated loans<\/a> that will fund the project, the lender said in a <a href=\"https:\/\/www.ebrd.com\/news\/2023\/ebrd-and-gcf-to-support-largest-wind-farm-in-africa.html\">statement<\/a> yesterday. The credit lines extended to project developer Red Sea Wind Energy (RSWE) \u2014 a JV comprising Orascom Construction, Japan\u2019s Toyota Tsusho Corporation, Eurus Energy Holdings Corporation, and France\u2019s Engie \u2014 are co-financed by the Japan Bank for International Cooperation (JBIC), Sumitomo Mitsui Banking Corporation, the Norinchukin Bank, and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, who collectively will provide green loans adding up to USD 401 mn for the project, with JBIC contributing USD 240 mn alone. The wind farm \u2014 which <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ee0bd9e5-5a07-419d-a938-0bc5902c5f39\">achieved financial close<\/a> earlier this week \u2014 is being developed under the energy pillar of the Egyptian government\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2022\/11\/29\/this-morning-one-week-to-go-until-the-enterprise-climate-x-forum-more-friendly-winks-from-turkey-89425\/\">Nexus on Water, Food and Energy (NWFE)<\/a> program, with the EBRD serving as the lead developing partner.<\/p>\n<hr class=\"grey-line\">\n<p><strong>THE BIG CLIMATE STORY OUTSIDE THE REGION- It was relatively quiet on the <\/strong><strong>global climate news front yesterday<\/strong>, but Zurich Ins. Group\u2019s exit from the Net Zero Ins. Alliance got coverage from <a href=\"https:\/\/www.reuters.com\/business\/sustainable-business\/zurich-becomes-second-major-insurer-quit-climate-alliance-2023-04-05\/\">Reuters<\/a> and <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-05\/zurich-exits-insurance-climate-coalition-days-after-munich-re\">Bloomberg<\/a>. Zurich\u2019s departure marks the second withdrawal from the subunit of the Glasgow Financial Alliance for Net Zero after German insurer Munich RE announced it would quit the group over the weekend. The exits are drawing skepticism among industry leaders on the utility and efficiency of voluntary industry associations aiming to push down carbon output, the business news service notes.<\/p>\n<hr class=\"grey-line\">\n<p><strong>WATCH THIS SPACE #1- Industry giants issue their own corporate carbon credit<\/strong><strong>s: <\/strong>A host of industry leaders \u2014 including British pharma giant GSK and energy titan Shell, Danish renewables developer Orsted, France\u2019s TotalEnergies, and German automaker Volkswagen \u2014 are bankrolling nature-based carbon sinks to offset the emissions generated from their operations, issue carbon removal credits, and meet mid and long-term climate action targets, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-05\/amid-backlash-volkswagen-gsk-total-develop-own-carbon-offsets?srnd=premium-middle-east\">Bloomberg<\/a> writes. TotalEnergies is earmarking some USD 100 mn annually for carbon mitigation projects in a bid to up its carbon offsetting capacity to 5 mn tons of CO2 equivalent per annum by 2030. Shell and Orsted are both funding nature-based carbon mitigation projects in various parts of the world, and VW plans to issue some 40 mn carbon credits by the end of the decade to help it reach its 2050 net-zero target.<\/p>\n<p><strong>WATCH THIS SPACE #2-<\/strong> <strong>This could be a gamechanger: <\/strong>New silicon-based electrodes could help usher in a fresh line-up of longer driving and faster charging EV batteries by mid-decade, <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/new-silicon-anodes-could-help-ev-batteries-go-farther-charge-faster-2023-04-04\/\">Reuters<\/a> reports. The new silicon electrodes, which are considered an ideal substitute or supplement for graphite in battery anodes, are being developed by startups Group 14 Technologies and Sila Nanotechnologies. They both have plants opening up next year, and their automotive customers include Porsche and Mercedes-Benz. But even with the plants coming online in 2024, demand is set to exceed capacity, Group14\u2019s CEO and co-founder Rick Luebbe said. The shift to silicon-rich anodes would still take time, with Sila Nano CEO and co-founder Gene Berdichevsky saying it would take more than 10 years for silicon to replace graphite in battery anodes.<\/p>\n<p><strong>WATCH THIS SPACE #3- ExxonMobil is quite optimistic about its energy transition <\/strong><strong>plans:<\/strong> ExxonMobil\u2019s low-carbon business could eventually outperform the leading US oil producer\u2019s traditional fossil fuel production, CEO Darren Woods told investors, according to the <a href=\"https:\/\/www.ft.com\/content\/8cb77179-cad4-437c-a20f-c8d273131284\">Financial Times<\/a>. The decarbonization business could be worth \u201chundreds of bns of USD\u201d and emerge to be \u201clarger than ExxonMobil\u2019s base business is today as the world approaches net zero,\u201d Woods said. Achieving this target depends on finding ways to reduce the costs of hydrogen fuel and carbon capture and on government incentives, he said. Woods\u2019 statements come months after Exxon said it plans to pour some USD 17 bn in lower-emission initiatives by the end of 2027, which is equivalent to 10% of investments allocated for its fossil fuel projects over the same period.<\/p>\n<p><strong>WATCH THIS SPACE #4-<\/strong> <strong>Japan is spearheading calls to accelerate <\/strong><strong>decarbonization ahead of the upcoming G7 meeting<\/strong>, <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/japan-wants-g7-agreement-accelerate-decarbonisation-efforts-2023-04-05\/\">Reuters<\/a> reports. The two-day meeting will kick off on 15 April in Japan and will focus on climate, energy, and environment. The topic of energy security will be high on the meeting\u2019s agenda, and a discussion on how to phase out natural gas within 10 to 15 years will be brought forward, as the country seeks to reduce its dependence on Russian gas imports, Japanese minister of economy, trade, and industry Yasutoshi Nishimura told Reuters. Nishimura visited Saudi Arabia, the UAE, and Oman last year as part of a regional tour aimed at finding ways to diversify the country\u2019s energy sources. The G7 group comprises Canada, France, Germany, Italy, Japan, the UK, and the US.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"climate\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><p>***<br \/>\n <strong>YOU\u2019RE READING ENTERPRISE CLIMATE, the essential regional publication for senior execs who care about the world\u2019s most important industry. <\/strong>Enterprise Climate covers everything from finance and tech to regulation, products and policy across the Middle East and North Africa. In a nod to the growing geographical ambitions of companies in our corner of the world, we also include an overview of the big trends and data points in nearby countries, including Africa and southern Europe.<\/p>\n<p><strong>Enterprise Climate is published at 4am CLT \/ 5am Riyadh \/ 6am UAE Monday through Thursday by Enterprise<\/strong>, the folks who bring you Enterprise Egypt, your essential 6am and 3pm read on business, finance, policy and economy in Egypt and emerging markets.<\/p>\n<p><strong>EXPLORE MORE OF ENTERPRISE ON THE WEB \u2014<\/strong> <a href=\"http:\/\/www.enterprise.news\">tap or click here<\/a> to read EnterpriseAM, EnterprisePM, and The Weekend Edition on our powerful new website packed with reader-friendly features.<\/p>\n<p><strong><a href=\"https:\/\/climate.enterprise.press\/subscribe\/\">Subscribe to Enterprise Climate here<\/a><\/strong> or reach out to us on <a href=\"mailto:climate@enterprisemea.com\">climate@enterprisemea.com<\/a> with comments, suggestions and story tips.<br \/>\n <strong>***<\/strong><\/p>\n<p><strong>COME TO OUR NEXT ENTERPRISE FORUM- <\/strong><\/p>\n<p class='web-image' ><a href='https:\/\/exportsfdi.enterprise.press\/registration.html'><img decoding=\"async\" data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/832.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>We are delighted to share with you that the Enterprise Exports & FDI Forum<\/strong> will be taking place on <strong>15 May<\/strong> at <strong>the Four Seasons Hotel at Nile Plaza in Cairo.<\/strong><\/p>\n<p><strong>DO YOU WANT TO ATTEND?<\/strong> If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please <a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\">click here<\/a> to request a spot at this exclusive event. Attendance is by invitation only.<\/p>\n<p><strong>WANT TO SHARE YOUR STORY ON STAGE?<\/strong> Drop a note to <a href=\"mailto:patrick@enterprisemea.com\">Patrick here and let\u2019s talk<\/a>.<\/p>\n<p><strong>WANT TO BECOME A COMMERCIAL PARTNER?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\">Moustafa, our head of commercial, here<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><strong>CIRCLE YOUR CALENDAR- <\/strong><\/p>\n<p><strong>The UAE is hosting the International Conference on Green Energy and <\/strong><strong>Environmental Technology (<\/strong><strong><a href=\"http:\/\/www.icgeet.igrnet.org\/279\/united-arab-emirates\/\">ICGEET<\/a><\/strong><strong>) on 18 and 19 April <\/strong>in Dubai. The event will bring together stakeholders from academia, the healthcare industry, and the private sector to discuss energy conservation among other topics.<\/p>\n<p><strong>Turkey is hosting the <\/strong><strong><a href=\"https:\/\/www.irenec.org\/eng\/\">International 100% Renewable Energy Conference<\/a><\/strong><strong> from 4<\/strong><strong>-6 May<\/strong> in Istanbul. The event will bring together experts to discuss the integration of renewables, renewable energy technologies and applications, and the <a href=\"https:\/\/www.iea.org\/reports\/net-zero-by-2050\">Roadmap to 2050<\/a>.<\/p>\n<p><strong>The first <\/strong><strong><a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/about-mena-sc\/\">MENA Solar Conference<\/a><\/strong><strong> is accepting applications from published<\/strong><strong> researchers specialized in PV technology until Sunday, 30 April.<\/strong> The Dubai Electricity and Water Authority will be hosting the conference from 15 to 18 November, in conjunction with the Water, Energy, Technology, and Environment Exhibition and the Dubai Solar Show 2023. Researchers can submit their papers <a href=\"https:\/\/mbrsic.ae\/en\/mena-sc\/paper-submission-1\/\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/carbon-markets\/\">carbon markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/g7\/\">G7<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/what-were-tracking-today\/\">WHAT WE\u2019RE TRACKING TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76869\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n      <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n        <span class=\"has-primary-color stk-highlight\"> This publication is proudly sponsored by<\/span>\r\n    <\/h4>\r\n\r\n    <div class=\"issue-sponsor-slide issue-sponsor-slide--single-slide mx-auto\">\r\n        <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/25497.png?ssl=1\">\r\n        <div class=\"overlay\"><\/div>\r\n        <div class=\"content\">\r\n            <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/25398.svg\" alt=\"\">\r\n            <\/a>\r\n            <span>Opening up a world of opportunity<\/span>\r\n        <\/div>\r\n    <\/div>\r\n\r\n      <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76870\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76870\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">INVESTMENT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/\">\r\n                            Egypt\u2019s Orascom Investment Holding set to invest in renewables and trading in Africa                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s Orascom Investment Holding set to invest in renewables and trading in Africa&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/&title=Egypt\u2019s Orascom Investment Holding set to invest in renewables and trading in Africa\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+Orascom+Investment+Holding+set+to+invest+in+renewables+and+trading+in+Africa+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fegypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/NaguibSawiris-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76871\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypts-orascom-investment-holding-set-to-invest-in-renewables-and-trading-in-africa\/naguibsawiris-1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/NaguibSawiris-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"NaguibSawiris-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/NaguibSawiris-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/11\/NaguibSawiris-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76870\" class=\"content-area-description single-story post-76870 post type-post status-publish format-standard has-post-thumbnail hentry category-investment-watch tag-enterpriseclimate tag-evs tag-investment-watch tag-morocco tag-naguib-sawiris tag-orascom-investment-holding tag-trading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>OIH sees potential in Africa\u2019s renewables: <\/strong>Orascom Investment Holding\u2019s (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 <a href=\"https:\/\/ent.news\/2023\/4\/1067.pdf\">board\u2019s minutes (pdf)<\/a>. OIH did not disclose the size of investments.<\/p>\n<p><strong>The details: <\/strong>The investment in the electric mobility sector will provide for two and three-wheeler EVs and will launch in Egypt before expanding later in Africa, OIH CEO Marwan Hussein told Enterprise. He said the project was a JV with an unnamed company operating in the country without providing further details. It would launch in 2H 2023, he added.<\/p>\n<p><strong>We knew this was coming:<\/strong> The announcement comes months after OIH Executive Chairman Naguib Sawiris <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/b45de912-e322-4b2a-bf2b-88d4e1060db4\">expressed his company\u2019s interest<\/a> in investing in renewables in Africa and EV charging stations. The Egyptian business mogul showed particular interest in Morocco\u2019s green sub-sectors including EV charging stations and solar plants, saying that OIH is ready to invest up to USD 100 mn over \u201cthe coming years.\u201d<\/p>\n<p><strong>REMEMBER- <\/strong>Morocco \u2014 which is already a regional automotive powerhouse \u2014 has a thriving <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/761e8bf1-981e-4621-9635-89883897a9e5\">EV assembly industry<\/a> with plans to make it bigger. Several global manufacturers produce hundreds of thousands of EVs at assembly facilities in the country. Morocco is targeting the production of around 1 mn EVs in the next three to four years, according to statements by officials last year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/investment-watch\/\">INVESTMENT WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/morocco\/\">Morocco<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/naguib-sawiris\/\">Naguib Sawiris<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/orascom-investment-holding\/\">Orascom Investment Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/trading\/\">trading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76872\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76872\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">SOLAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/\">\r\n                            TotalEnergies, Iraq finally reach agreement on USD 27 bn cluster of energy projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=TotalEnergies, Iraq finally reach agreement on USD 27 bn cluster of energy projects&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/&title=TotalEnergies, Iraq finally reach agreement on USD 27 bn cluster of energy projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=TotalEnergies%2C+Iraq+finally+reach+agreement+on+USD+27+bn+cluster+of+energy+projects+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Ftotalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/TotalEnergies-Logo-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76873\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/totalenergies-iraq-finally-reach-agreement-on-usd-27-bn-cluster-of-energy-projects\/totalenergies-logo-1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/TotalEnergies-Logo-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"TotalEnergies-Logo-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/TotalEnergies-Logo-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/TotalEnergies-Logo-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76872\" class=\"content-area-description single-story post-76872 post type-post status-publish format-standard has-post-thumbnail hentry category-solar tag-acwa-power tag-basrah-oil-company tag-enterpriseclimate tag-iraq tag-qatarenergy tag-solar tag-totalenergies wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>PROJECT UPDATE- France\u2019s TotalEnergies <\/strong><strong>and the Iraqi government struck an agreement on the delayed USD 27 bn cluster of energy projects in the country<\/strong>, according to a <a href=\"https:\/\/totalenergies.com\/media\/news\/press-releases\/iraq-agreement-between-iraq-and-totalenergies\">statement<\/a>. 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 luring back foreign investments to the energy-rich country.<\/p>\n<p><strong>The details: <\/strong>Per the agreement, Iraq\u2019s state-owned Basrah Oil Company (BOC) will hold a 30% stake in the Gas Growth Integrated Project (GGIP). The stake announced by TotalEnergies is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba8eda2d-277a-4ae1-90a0-5024f8065980\">lower than the 40%<\/a> initially demanded by Iraq. QatarEnergy will grab a 25% stake in the GGIP per an invitation by TotalEnergies, which will own a 45% stake.<\/p>\n<p><strong>About the GGIP:<\/strong> The energy projects cluster aims to boost Iraq\u2019s natural resources to enhance electrical supply through a USD 10 bn investment plan by all parties, the TotalEnergies statement said. The funds would be invested to recover flared gas on three oil fields to supply gas to power generation plants and build a seawater treatment plant to provide water injection for pressure maintenance to raise regional oil production.<\/p>\n<p><strong>And that\u2019s not all: <\/strong>TotalEnergies will develop a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/79e4af0c-b68f-4b1d-bffb-898325dc3b25\">1 GW solar power plant<\/a>to supply the Basrah regional grid, according to the statement. The French company will invite Saudi Arabia\u2019s utility Acwa Power to take part in the project.<\/p>\n<p><strong>Iraq wants to ramp up its solar energy generation:<\/strong> Iraq wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba8eda2d-277a-4ae1-90a0-5024f8065980\">produce 5 GW of solar<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ba8eda2d-277a-4ae1-90a0-5024f8065980\">power<\/a>in 2023. The country signed solar power agreements over the past two years with several companies, lining up a total generation capacity of 7.5 GW.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/acwa-power\/\">ACWA Power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/basrah-oil-company\/\">Basrah Oil Company<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/qatarenergy\/\">QatarEnergy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/solar\/\">SOLAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/totalenergies\/\">totalenergies<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76874\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76874\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">WASTE MANAGEMENT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/\">\r\n                            Egypt signs USD 120 mn agreement with Renergy for waste-to-energy plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt signs USD 120 mn agreement with Renergy for waste-to-energy plant&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/&title=Egypt signs USD 120 mn agreement with Renergy for waste-to-energy plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+signs+USD+120+mn+agreement+with+Renergy+for+waste-to-energy+plant+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fegypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/5204.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76875\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/egypt-signs-usd-120-mn-agreement-with-renergy-for-waste-to-energy-plant\/5204-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/5204.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"5204.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/5204.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/5204.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76874\" class=\"content-area-description single-story post-76874 post type-post status-publish format-standard has-post-thumbnail hentry category-waste-management tag-egypt tag-enterpriseclimate tag-renewables tag-waste-management wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Egypt <\/strong><strong>puts pen to paper on its Abu Rawash WtE project: <\/strong>The Egyptian government has inked a USD 120 mn agreement with a consortium led by <a href=\"https:\/\/renergy-group-partners.com\/\">Renergy Egypt<\/a> to design, build, own, and operate its new <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/af58a867-d2f3-47ae-8b23-33d497c311c6\">waste-to-energy factory<\/a> in Abu Rawash city, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0j47pGFGTMiqJvYrfRYXfwTR46VabjF3f1qAF4zsLDaR6zm135z37wwi88eM5x7vAl\">statement<\/a> released this week.<\/p>\n<p><strong>The players: <\/strong>Joining Renergy in the project are Egypt\u2019s National Organization of Military Production, waste management firm <a href=\"https:\/\/greentech-egypt.com\/\">Green Tech Egypt<\/a> and Bahrain-headquartered <a href=\"https:\/\/www.oakbh.com\/\">Oak Group Holdings<\/a>.<\/p>\n<p><strong>About the project: <\/strong>The plant will convert some 1.2k tons of municipal solid waste per day to 30 MWh of electricity. The consortium will handle the entire project for a 25-year period before transferring ownership to the country\u2019s Giza governorate.<\/p>\n<p><strong>The plant is being fast tracked: <\/strong>The project is expected to receive a <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87652563-d0ea-4bdd-bf65-b1ccedb390f3\">golden license<\/a> \u2014 a <a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/16\/enterprise-explains-golden-licenses-for-industry-84065\/\">single<\/a><a href=\"https:\/\/enterprise.press\/stories\/2022\/10\/16\/enterprise-explains-golden-licenses-for-industry-84065\/\">approval<\/a> covering everything from project establishment, including land allocation and building licensing, through to project operation and management. No timeline was given for when the facility is expected to come online.<\/p>\n<p><strong>Waste generates 13% of the country\u2019s carbon output: <\/strong>Egypt produces up to 5 mn tons of municipal solid waste a year, the country\u2019s Environment Minister Yasmine Fouad noted in the statement. Waste is the second largest source of greenhouse gas emissions in the country, generating some 13% of Egypt\u2019s total greenhouse gas emissions, she added.<\/p>\n<p><strong>More to come: <\/strong>Egypt has eight waste-to-energy projects worth EGP 10 bn in the pipeline, Finance Minister Mohamed Maait said. The projects will be located in Alexandria, Fayoum, Giza, Gharbia, Beheira, Damietta, Menoufia, and Sharqiya and will be carried out by eight local companies.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/waste-management\/\">waste management<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76876\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76876\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Coffee With\u2026<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/\">\r\n                            Coffee With: Ramez El-Serafy, CEO Flat6Labs                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Coffee With: Ramez El-Serafy, CEO Flat6Labs&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/&title=Coffee With: Ramez El-Serafy, CEO Flat6Labs\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Coffee+With%3A+Ramez+El-Serafy%2C+CEO+Flat6Labs+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fcoffee-with-ramez-el-serafy-ceo-flat6labs%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1022.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76877\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/coffee-with-ramez-el-serafy-ceo-flat6labs\/1022-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1022.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1022.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1022.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1022.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76876\" class=\"content-area-description single-story post-76876 post type-post status-publish format-standard has-post-thumbnail hentry category-coffee-with-2 tag-africa-seed-fund tag-climate-tech tag-coffee-with-5 tag-enterpriseclimate tag-flat6labs tag-green-tech wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Coffee With: Ramez El-Serafy (<\/strong><strong><a href=\"https:\/\/www.linkedin.com\/in\/ramezm\/?originalSubdomain=eg\">LinkedIn<\/a><\/strong><strong>), CEO, Flat6Labs: <\/strong>Ramez El-Serafy has served as Flat6Labs\u2019 CEO for 12 years. Before that, he was responsible for building and managing Sarmady\u2019s mobile apps unit.<\/p>\n<p><strong>In March, Flat6Labs launched the Africa Seed Fund (ASF)<\/strong> \u2014 a <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/98720b75-6c7a-4a14-a700-399096629d1f\">USD 95 mn fund<\/a> targeting greentech, agritech, smart city, and climate tech startups based in Africa \u2014 with the aim of investing in over 160 startups in North, West, and East Africa, according to a <a href=\"https:\/\/ent.news\/2023\/3\/789.pdf\">statement (pdf)<\/a>. We spoke to El-Serafy about Flat6Labs\u2019 previous investments in climate and cleantech, as well as the challenges, outlook, and opportunities for investing in the sector.<\/p>\n<p><strong>Enterprise: A report by the <\/strong><strong><a href=\"https:\/\/ent.news\/2022\/5\/Venture_Capital_in_MENA_Climate_Tech_d9fb9bcf5a.pdf\">Clean Energy Business Council (pdf)<\/a><\/strong><strong> last year found that MENA is <\/strong><strong><a href=\"https:\/\/enterprise.press\/greeneconomys\/mena-region-falling-short-comes-vc-climate-funding\/\">falling behind<\/a><\/strong><strong> on climate tech funding.<\/strong> How is that changing and what is causing the change? Are you seeing an increased appetite for climate tech investing in the region?<\/p>\n<p><strong>Ramez El-Serafy:<\/strong> Climate tech includes a lot of sustainability-related businesses like renewable energy and greentech solutions. I think hosting two consecutive COPs in the region is creating more interest in the sector, but it\u2019s also becoming a hot topic regionally and globally. Up until a few years ago, fintech drew a lot of interest, but a lot of global impact-driven capital is being directed to climate and greentech solutions now.<\/p>\n<p>We\u2019re also seeing some regional investors enter this space. One of our startups, <a href=\"https:\/\/www.nadeera.org\/\">Nadeera<\/a>, which is a waste management solution based in Abu Dhabi, just raised a round from a couple of angel investors in the UAE and they are closing with a major group in the UAE. Another example is <a href=\"https:\/\/www.bekia-egypt.com\/en\/\">Bekia<\/a>, which <a href=\"https:\/\/ventureburn.com\/2019\/12\/egyptian-waste-management-startup-bekia\/\">raised funds<\/a> from Oman Technology Fund (OTF) and from the <a href=\"https:\/\/www.thecatalystfund.com\/\">Catalyst Fund<\/a>. This is really good because it\u2019s not just impact investments or investors from outside of the region \u2014 there are regional investors and commercial entities that believe in it.<\/p>\n<p><strong>E: Are you seeing increasing interest from investors in climate tech? <\/strong><\/p>\n<p><strong>RS: <\/strong>We\u2019ve invested around USD 1 mn in greentech in total, and our companies have raised USD 5 mn, so that\u2019s almost four times what we\u2019ve invested. This is above the average follow-on funding that we see in other sectors and most of that funding is from regional investors.<\/p>\n<p>We know that we cannot be the first or the last check startups receive \u2014 a big part of our offering is connecting them with other potential investors and giving them access to new markets. Seeing more capital being driven into this space is really important.<\/p>\n<p><strong>E: What does the pipeline look like? Are there more startups working in clean and climate tech? <\/strong><\/p>\n<p><strong>RS: <\/strong>There has definitely been an uptick in the pipeline in the past couple of years, which I would say is driven by the amount of capital that is being pooled into the sector.<\/p>\n<p>From what I can see, the innovation system around solar isn\u2019t as robust compared to 2015, maybe because the market has stabilized around requirements for solar energy, and also because governments are investing heavily in this space. But other sectors are drawing interest, so we have a lot of startups working in water in Tunisia and waste management in Egypt. I think it also has to do with how easy it is for startups that aren\u2019t asset-heavy to build their products and innovations and deploy them in the market.<\/p>\n<p><strong>E: How is investing in climate and cleantech different from investing in other sectors?<\/strong><\/p>\n<p><strong>RS: <\/strong>There are definitely more challenges because it\u2019s a new sector. I think that, once we start seeing successful examples of exits and companies raising large rounds in this space, more founders will be motivated to enter it. So far, most of the region\u2019s success stories have been in e-commerce and fintech. In the past, greentech has been more impact-driven than commercially-driven, with government and international or development organizations interfering. We need to reach the point where it\u2019s commercially viable and startups see the whole process from start to finish so that it becomes a self-sustainable ecosystem.<\/p>\n<p>The other challenge is regulation. It takes a little longer for greentech companies to get things from product development to market because they need more licenses and certifications from different entities.<\/p>\n<p>Also, the path to market is a little longer for greentech companies, and the local investment appetite for the sector still doesn\u2019t compare to something like fintech, for example.<\/p>\n<p><strong>E: How do you assess potential investments? <\/strong><\/p>\n<p><strong>RS: <\/strong>There are a lot of economic factors. We are a very early stage investor, so the potential for businesses to secure follow-on funding is one of the factors that we look at because there\u2019s a limit to how much we can invest and how long we can support our startups. Where other VCs are investing and the route to exit both impact our strategy.<\/p>\n<p>The market is very relevant as well. Lebanon and Tunisia are amazing markets, but they\u2019re very limited, so we need to see the potential for regional scalability.<\/p>\n<p><strong>E: Your <\/strong><strong>recently announced<\/strong><strong> the Africa Seed Fund (ASF) will cover North, East, and West Africa.<\/strong> Do you see synergies across Africa that will allow startups to operate across borders more easily?<\/p>\n<p><strong>RS: <\/strong>Absolutely \u2014 the main thesis of our funding is that there are a lot of synergies between African markets, and that\u2019s why we launched the fund. We see a lot of potential and innovation in Africa and we believe that it\u2019s undercapitalized because it is so big and very fragmented. Whenever there\u2019s limited or lacking resources, you will also have innovation to try and overcome the challenges. Greentech sometimes sounds like a luxury, especially in Africa, but when you get down to it, there are many places where basic resources and services are lagging behind or don\u2019t exist. So creating innovative ways for people in Africa to access clean water, clean air, and clean energy is key.<\/p>\n<p>We still don\u2019t know where the big innovations will come from. We\u2019ve learned that when you do multi-country funds, you cannot limit yourself to specific markets because the fund will invest over 5-6 years. For now, we know that we will have focal points in Kenya in the east and Nigeria in the west.<\/p>\n<p><strong>E: Are you seeing increased collaboration between Africa-based VCs? <\/strong><\/p>\n<p><strong>RS: <\/strong>There is definitely increased collaboration between VCs in East, West and North Africa. For almost every startup that raises a round in our Egypt and Tunisia portfolios, there is always one local check, one from the Middle East (KSA, UAE, Lebanon, Bahrain, and Jordan), and one from an Africa-based VC. We\u2019re definitely seeing more Africa-based VCs investing in our portfolios in Egypt and Tunisia. Two-thirds (around 67%) of our portfolio\u2019s total USD value of funding comes from within Africa, followed by 22% from the Middle East and the rest comes from other geographical regions<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/africa-seed-fund\/\">africa seed fund<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-tech\/\">Climate tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/coffee-with-5\/\">COFFEE WITH\u2026<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/flat6labs\/\">Flat6Labs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/green-tech\/\">green tech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76878\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76878\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">CLIMATE IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/\">\r\n                            Once-endangered loggerhead sea turtles are thriving in warmer waters                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Once-endangered loggerhead sea turtles are thriving in warmer waters&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/&title=Once-endangered loggerhead sea turtles are thriving in warmer waters\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Once-endangered+loggerhead+sea+turtles+are+thriving+in+warmer+waters+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fonce-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1023.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76879\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/once-endangered-loggerhead-sea-turtles-are-thriving-in-warmer-waters\/1023-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1023.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1023.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1023.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1023.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76878\" class=\"content-area-description single-story post-76878 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-in-the-news tag-climate-change tag-climate-in-the-news tag-enterpriseclimate tag-eu wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Once-threatened sea turtles are increasing in number due to warmer waters and <\/strong><strong>protection initiatives: <\/strong>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, <a href=\"https:\/\/www.reuters.com\/business\/environment\/is-global-warming-helping-loggerhead-turtles-colonise-med-2023-04-05\/\">Reuters<\/a> reports, citing a study. The world's largest hard-shelled turtle has been part of protection programs in a number of countries including Spain and Cape Verde, which has also contributed to increasing the number of nests and eggs on beaches in the western Mediterranean.<\/p>\n<p><strong>Nest numbers have increased dramatically: <\/strong>The most recent data shows that the number of nests in 2020 reached 84 in France, Italy, Spain, and Tunisia, compared to an average of less than 3 nests per year between 1990-2012, Reuters writes, citing a paper from the scientific journal Global Ecology and Conservation.<\/p>\n<p><strong>Conservationists need to keep a watchful eye on how things pan out long-term:<\/strong> Given that their lifespan reaches 100 years, the full impact of warming waters is still unknown, making it important to observe any potential changes in the turtle\u2019s behavior, Reuters quotes a biologist as saying. The Mediterranean Sea became 1.3 \u00b0C warmer between 1982 and 2019.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/climate-in-the-news\/\">CLIMATE IN THE NEWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/eu\/\">EU<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76880\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76880\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">ALSO ON OUR RADAR<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/\">\r\n                            Interest in nuclear energy in Egypt is picking up                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Interest in nuclear energy in Egypt is picking up&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/&title=Interest in nuclear energy in Egypt is picking up\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Interest+in+nuclear+energy+in+Egypt+is+picking+up+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Finterest-in-nuclear-energy-in-egypt-is-picking-up%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/947.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76881\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/interest-in-nuclear-energy-in-egypt-is-picking-up\/947-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/947.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"947.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/947.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/947.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76880\" class=\"content-area-description single-story post-76880 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-egypt tag-enterpriseclimate tag-nuclear-energy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Two unnamed Russian and US companies are looking to develop small<\/strong><strong> nuclear reactors to produce as much as 300 MW of energy in Egypt<\/strong>, with the companies planning to submit offers to Egyptian authorities soon, <a href=\"https:\/\/www.asharqbusiness.com\/article\/48940\/%D8%AA%D9%86%D8%A7%D9%81%D8%B3-%D8%A3%D9%85%D9%8A%D8%B1%D9%83%D9%8A-%D8%B1%D9%88%D8%B3%D9%8A-%D8%B9%D9%84%D9%89-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%81%D8%A7%D8%B9%D9%84%D8%A7%D8%AA-%D9%86%D9%88%D9%88%D9%8A%D8%A9-%D8%B5%D8%BA%D9%8A%D8%B1%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\/\">Asharq Business<\/a> reports, citing sources it says have knowledge of the matter. The companies had already negotiated the project \u2014 which will be financed through facilitated bank loans \u2014 with the Nuclear Power Plants Authority, the sources say.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nuclear-energy\/\">Nuclear Energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76882\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76882\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">AROUND THE WORLD<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/\">\r\n                            Congo\u2019s Nuru secures mns in funding for power-hungry nation                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Congo\u2019s Nuru secures mns in funding for power-hungry nation&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/&title=Congo\u2019s Nuru secures mns in funding for power-hungry nation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Congo%E2%80%99s+Nuru+secures+mns+in+funding+for+power-hungry+nation+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fcongos-nuru-secures-mns-in-funding-for-power-hungry-nation%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1024.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76883\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/congos-nuru-secures-mns-in-funding-for-power-hungry-nation\/1024-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1024.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1024.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1024.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1024.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76882\" class=\"content-area-description single-story post-76882 post type-post status-publish format-standard has-post-thumbnail hentry category-around-the-world tag-around-the-world tag-congo tag-enterpriseclimate tag-nuru wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Congo\u2019s Nuru is getting some love:<\/strong> 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 months, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-05\/nuru-is-raising-money-for-mini-grids-in-war-ravaged-eastern-congo?srnd=premium-middle-east\">Bloomberg<\/a>reports. The International Finance Corporation and the UK government-funded Renewable Energy Performance Platform are among the investors participating in the series B round. The funds will go towards adding three additional facilities to Nuru\u2019s portfolio, allowing the company to generate a combined 13.7 MW from its plants, growing tenfold. This would raise the number of people that Nuru serves to 500k from a current 50k.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Bangladesh would require USD 1.71 bn annually<\/strong> to have 40% of its electricity generated from renewable sources by 2040. The country has increased the subsidies allocated to conventional power sources by nearly 152% in 2021, reaching USD 2.8 bn, which is higher than the investment that would be required to enhance the renewable energy capacity. Currently, less than 5% of the country\u2019s energy comes from renewable sources. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-05\/bangladesh-needs-1-7-billion-a-year-for-green-energy-transition?srnd=premium-middle-east\">Bloomberg<\/a>)<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/around-the-world\/\">AROUND THE WORLD<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/congo\/\">Congo<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/nuru\/\">Nuru<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76884\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"76884\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/\">\r\n                            Collecting and preserving ancient Arctic ice to better understand climate change                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Collecting and preserving ancient Arctic ice to better understand climate change&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/&title=Collecting and preserving ancient Arctic ice to better understand climate change\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Collecting+and+preserving+ancient+Arctic+ice+to+better+understand+climate+change+https%3A%2F%2Fenterpriseam.com%2Fclimate%2F2023%2F04%2F06%2Fcollecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1025.jpeg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"76885\" data-permalink=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/collecting-and-preserving-ancient-arctic-ice-to-better-understand-climate-change\/1025-jpeg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1025.jpeg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1025.jpeg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1025.jpeg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/4\/1025.jpeg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76884\" class=\"content-area-description single-story post-76884 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-antarctica tag-enterpriseclimate tag-glaciers tag-ice-memory tag-ice-memory-foundation tag-norway tag-on-your-way-out tag-svalbard-archipelago wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Clock is ticking for ice memory:<\/strong> Scientists in the Arctic are on a mission to better understand the phenomenon of \u201cArctic amplification,\u201d which is causing the Arctic to warm faster than the rest of the planet, the mission organizers <a href=\"https:\/\/www.ice-memory.org\/ice-memory-foundation-\/new-operation-saving-the-ice-memory-of-svalbard-s-glaciers-where-global-warming-impacts-are-going-4-times-faster-1224000.kjsp?RH=1832088615308700\">said in a statement<\/a>. The team aims to achieve this by preserving samples of ancient ice in an area that is at risk of disappearing due to climate change. Norway\u2019s Svalbard Archipelago is disappearing four times faster than the global average, they said, with temperatures rising four to five degrees celsius in recent decades.<\/p>\n<p><strong>What for:<\/strong> The team\u2019s research aims to scientifically understand the role of sea ice, bromine, and mercury in the Arctic amplification phenomenon. \u201cWe aim at determining the role of sea ice in Arctic amplification and its impact on the atmosphere, in particular on the chemical processes of bromine and mercury,\u201d said Svalbard expedition leader Andrea Spolaor.<\/p>\n<p><strong>And clinging to ice memory:<\/strong> The expedition, in collaboration with the Ice Memory Foundation, aims to collect an ice core that will be preserved at a planned Ice Memory Sanctuary in Antarctica. A dedicated snow cave will be accessible to future scientists with new technologies and ideas after the glaciers disappear. The collected samples will allow them to continue research on the environment and global climate.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/antarctica\/\">Antarctica<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/glaciers\/\">glaciers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ice-memory\/\">Ice memory<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/ice-memory-foundation\/\">Ice Memory Foundation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/norway\/\">Norway<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/climate\/tag\/svalbard-archipelago\/\">Svalbard Archipelago<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"76886\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/climate\/2023\/04\/06\/76886\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-76886\" class=\"content-area-description single-story post-76886 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>APRIL 2023<\/strong><\/p>\n<p>6 April (Thursday): Arabia CSR Awards 2022 Clinic (online).<\/p>\n<p>15-16 April (Saturday-Sunday): <a href=\"https:\/\/sdg.iisd.org\/events\/g7-ministers-meeting-on-climate-energy-and-environment-2023\/\">G7 Ministers\u2019 Meeting on Climate, Energy, and Environment<\/a>, Sapporo, Japan.<\/p>\n<p>18-19 April (Tuesday-Wednesday): International Conference on Green Energy and Environmental Technology (ICGEET), Dubai, UAE.<\/p>\n<p>29-30 April (Saturday-Sunday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">First COP27 transitional committee workshop<\/a>, Bonn, Germany.<\/p>\n<p><strong>MAY 2023<\/strong><\/p>\n<p>1-4 May (Monday-Thursday): <a href=\"https:\/\/www.wtm.com\/atm\/en-gb.html\">Arabian Travel Market<\/a>, Dubai, UAE.<\/p>\n<p>2-7 May (Tuesday-Sunday): <a href=\"https:\/\/www.agriculture.gov.ma\/ar\/actualites\/tnzym-almltqy-aldwly-llflaht-balmghrb-mn-02-aly-07-may-2023-bmknas\">Salon International de l\u2019Agriculture au Maroc (SIAM)<\/a>, Meknes, Morocco.<\/p>\n<p>4-6 May (Thursday-Saturday): <a href=\"https:\/\/www.irenec.org\/eng\/\">International 100% Renewable Energy Conference<\/a>, Istanbul, Turkey.<\/p>\n<p>8-10 May (Monday-Wednesday): Global Green Future Fuel, Dubai, UAE.<\/p>\n<p>8-10 May (Monday-Wednesday): <a href=\"https:\/\/www.aimcongress.com\/?gclid=Cj0KCQjw8qmhBhClARIsANAtbof4-76eS8t3Yy_1lhLnSSmgzPe4hU6hQGDG1ps8Y3Tbu7i1rowxcy4aAjetEALw_wcB\">Annual Investment Meeting<\/a>, Abu Dhabi, UAE.<\/p>\n<p>9 May (Tuesday): <a href=\"https:\/\/www.world-hydrogen-summit.com\/programme\/\">World Hydrogen 2023 Summit & Exhibition<\/a>, Rotterdam, Netherlands.<\/p>\n<p>9-10 May (Tuesday-Wednesday): <a href=\"https:\/\/www.terrapinn.com\/exhibition\/solar-show-mena\/\">The Solar Show MENA<\/a>, Cairo, Egypt.<\/p>\n<p>16-18 May (Tuesday-Thursday): <a href=\"https:\/\/www.seatrademaritime-middleeast.com\/en\/home.html\">Seatrade Maritime Logistics Middle East<\/a>, Dubai, UAE.<\/p>\n<p>19-21 May (Friday-Sunday): <a href=\"https:\/\/sdg.iisd.org\/events\/g7-hiroshima-summit-2023\/\">G7 Hiroshima Summit<\/a>, Hiroshima, Japan.<\/p>\n<p>24-27 May (Wednesday-Saturday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Second meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p>29-31 May (Monday-Wednesday): <a href=\"https:\/\/www.evinnovationsummit.com\">Electric Vehicle Innovation Summit<\/a>, Abu Dhabi, UAE.<\/p>\n<p>30 May-1 June (Tuesday-Thursday): <a href=\"https:\/\/www.timeshighered-events.com\/gsd-congress-2023\">Global Sustainable Development Congress<\/a>, King Abdullah University of Science and Technology (KAUST), KSA.<\/p>\n<p><strong>JUNE 2023<\/strong><\/p>\n<p>1 June (Thursday): <a href=\"https:\/\/energychamber.org\/aecs-invest-in-african-energy-paris-forum-to-take-place-on-june-1\/\">Invest in African Energy Forum<\/a>, Paris, France.<\/p>\n<p>1-3 June (Thursday-Saturday): <a href=\"http:\/\/www.envirotecener-expo.com\/\">Envirotec and Energie Expo<\/a>, Tunis, Tunisia.<\/p>\n<p>12-15 June (Monday-Thursday): <a href=\"https:\/\/saudipp.com\/\">Saudi Plastics & Petrochem<\/a>, Riyadh, KSA.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/thearabgreensummit.com\/\">The Arab Green Summit<\/a>, Dubai, UAE.<\/p>\n<p>13-14 June (Tuesday- Wednesday) <a href=\"https:\/\/www.bloombergneweconomy.com\/gateway-africa\/\">Bloomberg New Economy Gateway Africa Conference<\/a>, Marrakesh, Morocco.<\/p>\n<p><strong>JULY 2023<\/strong><\/p>\n<p>3-7 July (Monday-Friday): <a href=\"https:\/\/aic2023.geo.unibuc.ro\/en\/\">The 36th Conference of the International Association of Climatology<\/a>, Bucharest, Romania.<\/p>\n<p>22-23 July (Saturday-Sunday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Second COP27 transitional committee workshop<\/a>, Bangkok, Thailand.<\/p>\n<p><strong>AUGUST 2023<\/strong><\/p>\n<p>20-24 August (Sunday-Wednesday): <a href=\"https:\/\/www.worldwaterweek.org\/\">World Water Week 2023<\/a>, Stockholm, Sweden.<\/p>\n<p>29 August-1 September (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Third meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p><strong>SEPTEMBER 2023<\/strong><\/p>\n<p>9-20 September (Saturday-Wednesday): <a href=\"https:\/\/www.un.org\/en\/conferences\/SDGSummit2023\">2023 Sustainable Development Goals Summit<\/a>, New York, USA.<\/p>\n<p>11-13 September (Monday-Wednesday): Global Congress on Renewable and Non-Renewable Energy, Dubai, UAE.<\/p>\n<p>12-15 September (Tuesday-Friday): <a href=\"https:\/\/www.wto.org\/english\/forums_e\/public_forum_e\/public_forum_e.htm\">WTO Public Forum<\/a>, Geneva, Switzerland.<\/p>\n<p><a href=\"https:\/\/www.chariotenergygroup.com\/\">Chariot Limited<\/a> and <a href=\"https:\/\/www.total-eren.com\/\">Total Eren<\/a>\u2019s feasibility study on a 10 GW green hydrogen plant in Mauritania to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f1323428-033c-4ff9-a0b6-716f87613360\">be completed<\/a>.<\/p>\n<p><strong>OCTOBER 2023<\/strong><\/p>\n<p>2-4 October (Monday-Wednesday): <a href=\"https:\/\/www.showsbee.com\/fairs\/84868-WETEX-2023.html\">WETEX and Dubai Solar Show<\/a>, Dubai, UAE.<\/p>\n<p>4 October (Wednesday): Arabia CSR Gala Awarding Ceremony, UAE.<\/p>\n<p>16-18 October (Monday-Wednesday): <a href=\"https:\/\/www.climatelinks.org\/events\/climate-week-2022-2nd-world-conference-climate-change-sustainability\">Climate Week<\/a>, Rome, Italy.<\/p>\n<p>17-20 October (Tuesday-Friday): <a href=\"https:\/\/ent.news\/2023\/4\/1066.pdf\">Fourth meeting of the COP27 Transitional Committee<\/a>, TBD.<\/p>\n<p>29 October- 2 November (Sunday-Thursday): <a href=\"https:\/\/bit.ly\/40YIn6F\">Cairo Water Week<\/a>, Cairo, Egypt<\/p>\n<p>31 October \u2013 2 November (Tuesday-Thursday): <a href=\"https:\/\/www.worldhydropowercongress.org\/\">World Hydropower Conference<\/a>, Bali, Indonesia.<\/p>\n<p><strong>NOVEMBER 2023<\/strong><\/p>\n<p>9-10 November (Thursday-Friday): <a href=\"https:\/\/www.irena.org\/News\/pressreleases\/2023\/Mar\/IRENA-To-Hold-First-Latin-American-Investment-Forum-in-Uruguay\">International Renewable Energy Agency Investment Forum<\/a>, Uruguay.<\/p>\n<p>30 November - 12 December: <a href=\"https:\/\/unfccc.int\/\">Conference of the Parties (COP 28)<\/a>, Dubai, UAE.<\/p>\n<p><strong>FEBRUARY 2024<\/strong><\/p>\n<p>22-26 February (Thursday-Monday): <a href=\"https:\/\/conferences.uaeu.ac.ae\/warms2024\/en\/index.shtml\">Management and Sustainability of Water Resources<\/a>, Dubai, UAE.<\/p>\n<p><strong>EVENTS WITH NO SET DATE<\/strong><\/p>\n<p><strong>End-2022 <\/strong><\/p>\n<p>KSA\u2019s Neom wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/41c4acda-ffa5-4e25-ae17-48b53fc7df69\">tender three concrete water reservoir<\/a> projects to up its water storage capacity by 6 mn liters.<\/p>\n<p><strong>2023 <\/strong><\/p>\n<p>Early 2023: Egypt\u2019s <a href=\"https:\/\/www.karmsolar.com\/\">KarmSolar<\/a> to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">launch KarmCharge<\/a>, the company\u2019s EV charging venture.<\/p>\n<p>1Q2023: Oman will award two blocks of land for green hydrogen projects in Duqm, Oman.<\/p>\n<p>Mid-2023: Sale of Sembcorp Energy India Limited to consortium of Omani investors <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/dbe558b6-6166-404f-8aa3-2bd7b56647dd\">to close<\/a>.<\/p>\n<p>Phase C of the 900-MW of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f2f525f9-dc10-477e-a2d5-67e7d6d790c2\">be completed<\/a>.<\/p>\n<p>Saudi Basic Industries Corporation (<a href=\"https:\/\/www.sabic.com\/en\">Sabic<\/a>) steam cracker furnace powered by renewable energy to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/c6bbb030-2107-4aec-bc3c-9dfbe4d55975\">come online<\/a>.<\/p>\n<p>4Q2023: Oman to award four blocks of land for green hydrogen projects in Thumrait, Oman.<\/p>\n<p><strong>2024 <\/strong><\/p>\n<p>End-2024: Emirati <a href=\"http:\/\/ar.ae\">Masdar<\/a>\u2019s 500 MW wind farm in Uzbekistan to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/13a804af-a659-4152-82b2-a3c920862f2b\">begin commercial operations<\/a>.<\/p>\n<p><a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s industrial cities solar power project <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/afa55bc3-dec6-4f46-b806-25518b05cda1\">will start electricity<\/a> production.<\/p>\n<p>First 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p><strong>2025 <\/strong><\/p>\n<p>Second 1.5 GW phase of Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">be operational<\/a>.<\/p>\n<p>UAE to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/9ec60000-0539-4d85-baf5-5beaf020a34f\">have over 1k<\/a> EV charging stations installed.<\/p>\n<p><strong>2026 <\/strong><\/p>\n<p>1Q 2026: <a href=\"https:\/\/www.qatarenergy.qa\/en\/Pages\/Home.aspx\">QatarEnergy<\/a>\u2019s USD 1 bn blue ammonia plant <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">to be completed<\/a>.<\/p>\n<p>End-2026: HSBC Bahrain to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a2ead528-71fb-423b-a6f8-e18b2c9897d8\">eliminate single-use<\/a> PVC plastic cards.<\/p>\n<p><strong>2027<\/strong><\/p>\n<p>MENA\u2019s district cooling market is <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/59376411-8296-47dc-87cc-43ddc792bba4\">expected to reach<\/a> USD 15 bn.<\/p>\n<p><strong>2030 <\/strong><\/p>\n<p>UAE\u2019s Abu Dhabi Commercial Bank (ADCB) wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">provide AED 35 bn<\/a> in green financing.<\/p>\n<p>UAE <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/a9c832ed-f423-479e-884d-90cabefe3a0b\">targets 14 GW<\/a> in clean energy capacity.<\/p>\n<p>Tunisia <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7c5659c7-cf17-4cd6-9d18-c8afb5c643fb\">targets 30%<\/a> of renewables in its energy mix.<\/p>\n<p>Qatar wants to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/7881b1d2-724a-4914-ba85-0545e72901c9\">generate USD 17 bn<\/a> from its circular economy, creating 9k-19k jobs.<\/p>\n<p>Morocco\u2019s <a href=\"https:\/\/xlinks.co\/morocco-uk-power-project\/\">Xlinks<\/a> solar and wind energy project to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/52aefc63-82e3-42e3-8afc-960461fa5288\">generate 10.5 GW<\/a> of energy.<\/p>\n<p><strong>2035 <\/strong><\/p>\n<p>Qatar to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/77469f6c-f938-4a97-8cac-3146b39b6cbe\">capture up to 11 mn tons<\/a> of CO2 annually.<\/p>\n<p><strong>2045 <\/strong><\/p>\n<p>Qatar\u2019s Public Works Authority\u2019s (Ashghal) USD 1.5 bn sewage treatment facility to reach 600k cm\/d capacity.<\/p>\n<p><strong>2050<\/strong><\/p>\n<p><a href=\"https:\/\/www.facebook.com\/Presidencedugouvernementtunisien\/posts\/pfbid02urYKuUDF91i7dtVRR3yrSFzM4p5aG1JUormqfgnbjuUMTSGzmL2DrY8Z7wyfA7vBl?locale=ar_AR\">Tunisia\u2019s carbon neutrality target<\/a>.<\/p>\n<p><strong>2060 <\/strong><\/p>\n<p>Nigeria aims to <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/ea65a4f2-e77c-426b-8ad0-9120704954f6\">achieve its net-zero<\/a> emissions target.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":76866,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-76865","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e89ff0d0-3689-4c7b-a418-a3027e9739a8","teaser":"","photo_url":"https:\/\/ent.news\/2020\/10\/38.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-15T08:46:20+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/\",\"name\":\"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-04-06T02:35:14+00:00\",\"dateModified\":\"2025-12-15T08:46:20+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/climate\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/","og_locale":"en_US","og_type":"article","og_title":"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa","og_url":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/","og_site_name":"Climate","article_modified_time":"2025-12-15T08:46:20+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/","url":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/","name":"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1","datePublished":"2023-04-06T02:35:14+00:00","dateModified":"2025-12-15T08:46:20+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/38.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/issues\/egypts-orascom-investment-holding-set-to-invest-in-renewables-trading-in-africa\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/climate\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Egypt\u2019s Orascom Investment Holding set to invest in renewables + trading in Africa"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76865\/revisions"}],"predecessor-version":[{"id":76893,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/76865\/revisions\/76893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/76866"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=76865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=76865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=76865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}