Kenyan Banks Resist CBK Rate Cuts with High Loan Costs 1

Kenyan Banks Resist CBK Rate Cuts with High Loan Costs

Ronnie Paul December 9, 2024
Smartcall Brings Digital eSIMs to the South African Market 2

Smartcall Brings Digital eSIMs to the South African Market

Ronnie Paul December 9, 2024
Tanzania Steps into the Future with Fintech Sandbox Initiative 3

Tanzania Steps into the Future with Fintech Sandbox Initiative

Ronnie Paul December 9, 2024
Carrefour Kenya Honours Customer Loyalty with Big Wins in Black November Campaign 4

Carrefour Kenya Honours Customer Loyalty with Big Wins in Black November Campaign

Ronnie Paul December 9, 2024
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), and British International Investment (BII) have joined forces with Etana Energy to unlock significant potential for renewable energy development in South Africa. This groundbreaking partnership aims to mobilise up to US$500 million in new investments. A Game-Changing Deal The collaboration between GuarantCo, BII, and Etana Energy involves a unique energy wheeling framework. This innovative approach provides independent power producers (IPPs) with the financial security they need to initiate and complete new renewable energy projects. By guaranteeing the revenue streams of these projects, GuarantCo and BII are effectively mitigating risks and creating a more favourable investment climate. The Power of Partnership This partnership highlights the power of collaboration in driving sustainable development. By combining the expertise and financial resources of GuarantCo, BII, and Etana Energy, the project will contribute to South Africa's renewable energy goals and reduce reliance on fossil fuels. A Brighter Future for South Africa Through this groundbreaking deal, GuarantCo, BII, and Etana Energy are demonstrating their commitment to a sustainable future for South Africa. By unlocking new renewable energy capacity, the partnership will help to reduce greenhouse gas emissions, create jobs, and stimulate economic growth. READ ALSO: Visa Announces Key Investments in African Fintech Accelerator Alumni Key Benefits of the Initiative: Reduced Carbon Emissions: By displacing fossil fuel-based power generation, this initiative is projected to reduce carbon emissions by 1.2 million tonnes annually. Job Creation: The deployment of renewable energy projects will create numerous jobs across the value chain, stimulating economic growth and development. Enhanced Energy Security: By diversifying its energy mix, South Africa can improve its energy security and reduce its reliance on fossil fuels. The Role of GuarantCo GuarantCo, a leading international development finance institution, is playing a pivotal role in facilitating this green energy transition. The guarantee facility will enable around 500 MW of renewable energy capacity to be added to the grid, powering homes and businesses across the country. A New Era of Private Power Production Recent regulatory changes in South Africa have opened up exciting opportunities for private power producers. Companies like Etana are capitalising on this shift by purchasing renewable energy from independent power producers and selling it to commercial customers through the existing transmission network. This innovative approach will accelerate the adoption of clean energy solutions and drive economic growth. A Collaborative Effort The UK's support for South Africa's Just Energy Transition Partnership (JETP) underscores the global commitment to addressing climate change. By working together, countries can accelerate the transition to a low-carbon future and build a more sustainable planet. A Collaborative Approach to Sustainable Energy Etana Energy's innovative approach to aggregating demand from commercial and industrial customers has garnered significant attention from investors. By providing a stable and reliable offtake platform, the company aims to attract investment and stimulate the growth of renewable energy projects. BII's Commitment to Sustainable Finance BII, through its investment in Etana Energy, is demonstrating its commitment to unlocking private capital for climate finance. By providing financial support to innovative projects like Etana's, BII is contributing to a more sustainable future for South Africa and the African continent. READ ALSO: Green Climate Fund Invests $28 Million to Advance Kigali’s Green City Initiative GuarantCo's Role in Enabling Renewable Energy GuarantCo's guarantee framework agreement with Etana Energy is a testament to its dedication to supporting the development of renewable energy projects in emerging markets. By mitigating risks and providing financial guarantees, GuarantCo is enabling projects like Etana's to attract the necessary investment to reach financial close. Etana Energy, a prominent energy company, is often searched for by those interested in learning about the Etana energy owner and reading Etana energy reviews. Many also enquire about the Etana Energy CEO, explore Etana energy careers, or look for Etana energy contact details. Located in Cape Town, Etana Energy continues to garner attention for its services and operations. A Brighter Future for South Africa With the support of BII and GuarantCo, Etana Energy is well-positioned to drive the growth of renewable energy in South Africa. By providing clean, affordable, and reliable energy, the company is contributing to a more sustainable and prosperous future for the country. 5

Etana Energy Secures Major Backing for Renewable Energy Projects

Ronnie Paul December 9, 2024

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Kenyan Banks Resist CBK Rate Cuts with High Loan Costs
Kenya

Kenyan Banks Resist CBK Rate Cuts with High Loan Costs

Ronnie Paul December 9, 2024
Smartcall Brings Digital eSIMs to the South African Market
South Africa

Smartcall Brings Digital eSIMs to the South African Market

Ronnie Paul December 9, 2024
Tanzania Steps into the Future with Fintech Sandbox Initiative
Tanzania

Tanzania Steps into the Future with Fintech Sandbox Initiative

Ronnie Paul December 9, 2024
Carrefour Kenya Honours Customer Loyalty with Big Wins in Black November Campaign
Featured

Carrefour Kenya Honours Customer Loyalty with Big Wins in Black November Campaign

Ronnie Paul December 9, 2024
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), and British International Investment (BII) have joined forces with Etana Energy to unlock significant potential for renewable energy development in South Africa. This groundbreaking partnership aims to mobilise up to US$500 million in new investments. A Game-Changing Deal The collaboration between GuarantCo, BII, and Etana Energy involves a unique energy wheeling framework. This innovative approach provides independent power producers (IPPs) with the financial security they need to initiate and complete new renewable energy projects. By guaranteeing the revenue streams of these projects, GuarantCo and BII are effectively mitigating risks and creating a more favourable investment climate. The Power of Partnership This partnership highlights the power of collaboration in driving sustainable development. By combining the expertise and financial resources of GuarantCo, BII, and Etana Energy, the project will contribute to South Africa's renewable energy goals and reduce reliance on fossil fuels. A Brighter Future for South Africa Through this groundbreaking deal, GuarantCo, BII, and Etana Energy are demonstrating their commitment to a sustainable future for South Africa. By unlocking new renewable energy capacity, the partnership will help to reduce greenhouse gas emissions, create jobs, and stimulate economic growth. READ ALSO: Visa Announces Key Investments in African Fintech Accelerator Alumni Key Benefits of the Initiative: Reduced Carbon Emissions: By displacing fossil fuel-based power generation, this initiative is projected to reduce carbon emissions by 1.2 million tonnes annually. Job Creation: The deployment of renewable energy projects will create numerous jobs across the value chain, stimulating economic growth and development. Enhanced Energy Security: By diversifying its energy mix, South Africa can improve its energy security and reduce its reliance on fossil fuels. The Role of GuarantCo GuarantCo, a leading international development finance institution, is playing a pivotal role in facilitating this green energy transition. The guarantee facility will enable around 500 MW of renewable energy capacity to be added to the grid, powering homes and businesses across the country. A New Era of Private Power Production Recent regulatory changes in South Africa have opened up exciting opportunities for private power producers. Companies like Etana are capitalising on this shift by purchasing renewable energy from independent power producers and selling it to commercial customers through the existing transmission network. This innovative approach will accelerate the adoption of clean energy solutions and drive economic growth. A Collaborative Effort The UK's support for South Africa's Just Energy Transition Partnership (JETP) underscores the global commitment to addressing climate change. By working together, countries can accelerate the transition to a low-carbon future and build a more sustainable planet. A Collaborative Approach to Sustainable Energy Etana Energy's innovative approach to aggregating demand from commercial and industrial customers has garnered significant attention from investors. By providing a stable and reliable offtake platform, the company aims to attract investment and stimulate the growth of renewable energy projects. BII's Commitment to Sustainable Finance BII, through its investment in Etana Energy, is demonstrating its commitment to unlocking private capital for climate finance. By providing financial support to innovative projects like Etana's, BII is contributing to a more sustainable future for South Africa and the African continent. READ ALSO: Green Climate Fund Invests $28 Million to Advance Kigali’s Green City Initiative GuarantCo's Role in Enabling Renewable Energy GuarantCo's guarantee framework agreement with Etana Energy is a testament to its dedication to supporting the development of renewable energy projects in emerging markets. By mitigating risks and providing financial guarantees, GuarantCo is enabling projects like Etana's to attract the necessary investment to reach financial close. Etana Energy, a prominent energy company, is often searched for by those interested in learning about the Etana energy owner and reading Etana energy reviews. Many also enquire about the Etana Energy CEO, explore Etana energy careers, or look for Etana energy contact details. Located in Cape Town, Etana Energy continues to garner attention for its services and operations. A Brighter Future for South Africa With the support of BII and GuarantCo, Etana Energy is well-positioned to drive the growth of renewable energy in South Africa. By providing clean, affordable, and reliable energy, the company is contributing to a more sustainable and prosperous future for the country.
Funding

Etana Energy Secures Major Backing for Renewable Energy Projects

Ronnie Paul December 9, 2024
Spreedly and dLocal Collaborate for High-Growth Markets
News

Spreedly and dLocal Collaborate for High-Growth Markets

Ronnie Paul December 6, 2024