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05 Sep
19:59

UAE pledges $4.5 billion investment in clean energy in Africa

The COP28 Presidency announced Tuesday the UAE will provide $4.5 billion in clean energy funding in Africa through public and private investment, Kallanish reports. The investment initiative includes the Abu Dhabi Fund for Development (ADFD), Etihad Credit Insurance (ECI), Masdar and AMEA Power. Africa50, the investment platform established by African governments and the Africa Development Bank (AfDB) will act as a strategic partner to help identify initial proje…
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