Africa

Plan to Green 30,000 Africa Buildings Seeks $150 Million Boost
Scalar International and Mergence Investment Managers Ltd. plan to raise as much as $150 million in a private equity fund to boost energy efficiency and install renewable-energy systems in 30,000 buildings in Africa.

South Africa Moves Closer to Traded Power Market, Top Bank Says
South Africa is on the cusp of starting a traded electricity market that will give consumers a choice of power products along with a range of pricing options, according to a top investment bank.
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