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Egypt unveils $40.7m fund to invest in cutting carbon emissions projects
The Egyptian government launched a fund for investment in projects issuing carbon certificates with an authorized capital of EGP 1 billion ($40.7 million). The fund, dubbed EgyCOP, will finance Egyptian companies’ projects that reduce carbon emissions through the issuance of globally-accredited certificates from Switzerland’s The Gold Standards Foundation, the Arab country said in a statement. […]
Tunisia detains two people in connection with Djerba attack
Tunisian authorities have arrested two people, a woman and a man, on the Island of Djerba; the theater of an attack on a Jewish synagogue in which six people including the attacker have died. The people, all of them Tunisians, in their twenties, were arrested by the National Guard forces on the Island as part […]
France lends €350 mln to Morocco’s OCP to back decarbonization efforts
French development agency (AFD) offered a financing of 350 million euros in support of decarbonization efforts led by Morocco’s phosphates and derivatives giant OCP. A deal was signed between the two institutions on May 12, as OCP seeks more funding for its 13 billion-dollar decarbonization plan. OCP had announced a plan to use100% clean energy […]



