Kenya Signs Deals Worth $4.48 Billion to Develop Green Projects
Wednesday, December 6, 2023
Kenya Signs Deals Worth $4.48 Billion to Develop Green Projects

Bloomberg

Kenya signed deals for seven green projects on the sidelines of the COP28 summit, include geothermal generation plants, fertilizer production and a data center powered by renewable energy, according to an emailed statement.

Kenyan President William Ruto is pushing for Africa to become a “green powerhouse.” Kenya generates 92% of its electricity from renewables including geothermal, hydro and wind. The nation also has a target to grow 15 billion trees and rehabilitate 10,000 wetlands with an eye on nature swaps.