Siemens Digital Industries Software today announced the immediate availability of Siemens’ Capital™ Electra™ X, a new cloud-native electrical design software as a service (SaaS) offering aimed at individual electrical designers or small teams that require an affordable yet powerful electrical design solution. Part of the Siemens Xcelerator™ portfolio of software and services, Capital Electra X offers users sophisticated…
The company accelerates work with suppliers to decarbonize Apple-related production, and expands investments in clean energy and climate solutions around the world Apple said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonise operations related to the production of iPhones and other…
Nigeria on Monday began its long journey to end hunger and achieve food security by launching the Special Agro-industrial Processing Zones (SAPZ), a programme initiated by the African Development Bank. According to the President of the African Development Bank, Dr. Akinwumi Adesina “the Special Agro-industrial Processing Zones are new economic zones, located in rural areas,…
KCB Bank has screened loans worth over KShs. 336 billion for social and environmental risks while increasing its green portfolio in the past two years, bolstering its push for sustainable finance. The Bank has also significantly cut its carbon footprint by 11.25% in its premises across the six countries it operates in, on a deliberate push to reduce carbon emissions from its operations. In details contained in the latest Sustainability Report launched today, KCB resource consumption was down by 17%, on the back of a deliberate cut in the use of fuel, water, electricity, and paper. The Group monitors usage of the above resources on daily basis. During the period, KCB increased its green portfolio from 4% of the loan book in 2020 to 8.4% last year, mainly in real estate, renewable energy, transport, manufacturing, and agriculture sectors. The Bank targets to increase its green portfolio to 25% by 2025. KCB said it will in the coming years increase its sustainable financing by enhancing its threshold of loans subjected to Environmental and Social Due Diligence, increase its green lending, and further cut its footprint. “We have refocused our efforts to deliberately address issues around environmental and social risk management in investment decisions to deliver a more inclusive, net-zero society for our stakeholders” said KCB Group CEO Paul…
As part of efforts to support Nigeria’s energy transition plans, General Electric(GE) has assured that it was ready to provide cutting edge technologies to support the country to improve and strengthen its grid infrastructure According to GE ,part of its agenda for Nigeria was also to help reduce reliance on diesel generators by improving access and…
As part of restructuring measures and adjustment of business activities, General Electric is preparing to reduce headcount in its onshore wind segment . GE’s employees in North America, Latin America, the Middle East, and Africa have been notified about the layoffs. This comes after a recent announcement by SIEMENS GAMESA, GE’s competitor in the wind turbine…
Carol Koech, Country President, Schneider Electric East Africa The pressures of climate change have exponentially risen. Many energy companies are tackling step-change approaches to their business model with agility and digitization. What is becoming clear is that what’s good for the environment, is also good for business. No one should have to choose between sustainability…
East African Breweries Plc has reaffirmed its commitment to environmental stewardship as part of its sustainability agenda. This is after the company, which is celebrating its centenary milestone this year, announced a partnership with the 2022 Standard Chartered Nairobi Marathon through its Johnnie Walker brand through which it aims to support the marathon’s sustainability efforts….
Kenya is setting up standards that will pave the way for the commercialization of biogas, a move that will offer cheap energy for consumers in the wake of the high cost of LPG and generate revenue for producers, according to Business Daily Africa.Kenya Bureau of Standards (KBS) said it is working on the norms for the…
Strathmore University, through its Energy Research Centre, and Adrian Kenya have today signed a Memorandum of Understanding (MoU) with the aim of enhancing capacity building in the areas of Solar Energy Certification, strengthening leadership capabilities, and provision of expert services in renewable energy solutions. Senior management members from both institutions were present, led by Prof….
