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House committee approves green hydrogen incentive package
The incentives include a series of tax breaks and non-tax benefits for companies implementing green hydrogen projects
A good week for Vodafone Egypt + Egypt’s banks
Vodafone is on top of its ESG reporting: Vodafone Egypt released sustainability report for the year ending March 2023(microsite |…
Acwa Power to set up a USD 4 bn green hydrogen plant in SCZone
The project first phase of the project will have a production capacity of 600k tonnes of green ammonia
Egypt’s Green Economy in 2023: A run-down of initiatives, investments, and commitments one year on from COP27
Egypt is aiming to use renewables for 42% of power produced by 2030 and 60% by 2040
Green finance could be in trouble
New capital requirements on Wall Street will rock the green finance boat: Basel 3 Endgame — the final stage of…
Greenwashing: How companies use “going green” to offer customers less and cut costs
Greenwashing benefits companies than it does the consumers
EFG Hermes eyes USD 300 mn second close for Vortex renewable energy fund
The close could wrap up before the year’s end, bringing the fund’s total size to over USD 500 mn
Gov’t to launch pilot mandatory carbon market in 1Q 2024
The World Bank is working alongside the Environment Ministry to get the market off the ground
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