Africa

2022 - 4 - 27

Post cover — Image courtesy of "TechCrunch"

Sun King raises $260M to widen clean energy access in Africa, Asia (TechCrunch)

Sun King has sold its products in over 40 countries including Kenya, Zambia, Uganda, Tanzania and Nigeria.

You can select 'Manage settings' for more information and to manage your choices. You can change your choices at any time by visiting Your Privacy Controls. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Click here to find out more about our partners. - Information about your device and internet connection, including your IP address

Africa 54: Abandoned Explosives Injure Ethiopian Children; al ... (Voice of America)

Coming Up on VOA's Africa 54: ➡️ Scores of children in Ethiopia have been injured by abandoned explosives left behind form the country's civil war; ...

A Collection Of South Africa Finest Wines Sell As NFTs (Haute Living)

Five of South Africa's finest wines sell as NFT's, including a Meerlust Rubicon (just three bottles of which exist in its cellars) have sold as NFTs.

This Stellenbosch property is often described as the South African equivalent of a Grand Cru or First Growth. The 66-bottle lot includes single bottles from 2000-2017 with a 6-bottle case from 2018-2025. First produced in 2015 and then 2020, Mullineux states that yearly bottlings of Olerasay will continue moving forward with the No 20 for release around 2038. Strauss Series C 03-27 NFT captures a 6-bottle case from each of the first 25 years of Vilafonté, the ground-breaking partnership between Mike Ratcliffe and US wine royalty Zelma Long and Phil Freese. Meticulous viticulture and modern cellar practices ensured that Vilafonté was at the cutting-edge of fine wine. The Strauss Rubicon 80-34 NFT includes the first 50 vintages of this icon Stellenbosch wine in varying quantities to total 288 bottles. While each collection is an NFT, the individual bottles are also ‘minted’ as NFTs and can be drawn or traded at any time on any NFT platform around the world. The unique lots, which are unlikely to ever be offered again due to the low stockholdings at each producer, are a perfect fit for the NFT infrastructure.

First Ever NFTS of South Africa's Finest Wines Sold for £175K/$220K ... (wineindustryadvisor.com)

SA's leading fine wine producers auction NFTs via fine art auctioneer Strauss & Co; prices considerably exceeded. 27 April – A collection of five of South ...

The site owner may have set restrictions that prevent you from accessing the site. The site owner may have set restrictions that prevent you from accessing the site. Contact the site owner for access or try loading the page again.

EXPLAINER-Here's how to reverse Africa's land degradation (Successful Farming)

By Nita Bhalla and Kim HarrisbergNAIROBI/DURBAN, April 27 (Thomson Reuters Foundation) - From South Africa, where unprecedented floods this month washed ...

Soil degradation also leads to the release of carbon stored underground. "I don't think we've got a lot of options when it comes to (improving) soil health... If 35% of global land is restored, crop yields could increase by up to 10% by 2050, with the largest gains in the Middle East and North Africa, Latin America, and sub-Saharan Africa. As land is damaged and crop yields fall, many communities become trapped in a downward spiral of poverty that leads to more land degradation and worsening water scarcity. The loss of healthy land gives rise to food insecurity, and forest loss can make communities more vulnerable to weather-related disasters such as drought, floods and wildfires. But it is not too late to curb land degradation and restore dry land to fertile forests, the report added, citing a plethora of initiatives from Burkina Faso to Malawi that are working.

Sun King Raises $260 Million, Led by General Atlantic's ... (PR Newswire India)

PRNewswire/ -- Today, Sun King, the largest provider of solar energy products for off-grid homes in Africa and Asia, announced it has raised $260 million in ...

M&G Investments is part of M&G plc, a FTSE-100 listed company with over £370 billion of assets under management (as of 31 December 2021), and customers in the UK, Europe, the Americas, and Asia, including individual savers and investors, life insurance policy holders and pension scheme members. Sun King is the world's largest off-grid solar energy company, serving the 1.8 billion people across Africa and Asia who lack access to reliable electricity. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. This venture combines General Atlantic's growth equity experience and global network with a team of experienced climate investors, advisors and industry executives who bring decades of experience in both addressing climate-focused problems and building pioneering growth companies. General Atlantic currently has over $84 billion in assets under management inclusive of all products as of December 31, 2021, and more than 215 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, and Stamford. For more information on General Atlantic, please visit: www.generalatlantic.com. This funding will further unlock our ability to scale this revolution to the 1.8 billion people who need these products today, and the next billion who will need them tomorrow." Founded in 2007 as Greenlight Planet, Sun King sets the gold standard for off-grid solar technology as part of its mission: powering access to brighter lives. As a result of Sun King's growth, the company has eliminated 22 million tons of carbon dioxide emissions while saving consumers $4.4 billion in energy costs. This landmark investment allows us to continue scaling our technology, service, and financing capabilities so we can meet the needs of the next billion energy consumers." Sun King is leading a transformation in how electricity is provided across Africa and Asia, where 1.8 billion people still lack access to a reliable electrical grid. In Kenya, one in five people use Sun King today, with 18 million Kenyans having benefited over a decade of operations. To date, Sun King has powered the lives of 82 million people across 40 countries.