ALN

Newsbite | According to data from Africa: The Big Deal, Kenya has emerged as the leading African country in startup funding, raising USD 437 million, representing 31 percent of total funds raised on the continent. The growth highlights the strong preference for Kenyan startups among global investors, driven by the country’s strategic location, fast internet speeds, and favourable policies. Kenya’s robust startup ecosystem has positioned it ahead of Egypt, which raised USD 373 million during the same period. Together, Kenya and Egypt account for 58 percent of the total startup investments in Africa. Read more: https://lnkd.in/d28NanGW #AfricanStartUps #UnlockingInvestment #BusinessGrowth #StartupEcosystem #Kenya #Africa #ALNnewsbite

We are excited to announce our participation in Dubai Arbitration Week, taking place from 11 to 15 November 2024 in Dubai. As a leading alliance of law firms in Africa and the UAE, we are proud to contribute to shaping the future of international dispute resolution. Our panel session, taking place on 13 November 2024 from 2-5 pm, will focus on “Managing investor risks in volatile jurisdictions”. Don’t miss the opportunity to hear from with senior legal experts, industry leaders, and crisis professionals, as they share crucial insights on navigating risks and staying ahead in the complex world of international investment. Our distinguished panel includes Sydney Musekiwa Shoniwa, Global General Counsel at LIPTON Teas and Infusions, Vimla Parbhoo, Chief Legal Officer at Export Trading Group, Konstantin Makarov, Senior Executive Officer at StratLink, Ashley Messick, Senior Managing Director at J.S. Held LLC, and Nikita Bernardi, Director of Crisis Public Relations at Adili Group . The discussion will be moderated by ALN Kenya Director Luisa H. Cetina, with concluding remarks by ALN Kenya Partner Aisha Abdallah. 🔗 Space is limited – RSVP here https://lnkd.in/d_sMW8tD to secure your spot! We look forward to connecting with you. AC&H Legal Consultants ALN #DAW2024 #DubaiArbitrationWeek2024 #InternationalArbitration #DisputeResolution #NavigatingRisks #ADR #UAE #Africa #OneALN

Newsbite | South Africa has rocketed up the rankings in the United Nations (UN) e-Government Index for 2024, climbing from 65 in 2022 to an impressive 40 out of 193 countries. This advancement places the nation among well-established economies globally, marking it as a leader in e-government development within Africa. Read more: https://lnkd.in/dG7Gc-3e #DigitalTransformation #ServiceDelivery #DigitalGovernance #EnhancingTransparency #Accountability #SouthAfrica #ALNnewsbite

News bite | Morocco plans to significantly increase its green electricity production in its southern provinces as it prepares to co-host the 2030 FIFA World Cup alongside Spain and Portugal. According to a Bloomberg report, the Moroccan government aims to double the current green power capacity in the area from 1.3 gigawatts to 2.7 gigawatts by 2027. Expanding renewable energy infrastructure in Morocco’s southern provinces is part of a broader strategy to meet the increasing electricity demand across the country in preparation for the 2030 World Cup. Read more: https://lnkd.in/d2HPXxMT #GreenEnergy #EnergyInvestment #RegionalDevelopment #EnergyProjects #Morocco #NorthAfrica #ALNnewsbite

News bite | According to Kgosientsho David Ramokgopa, South Africa’s Minister of Electricity and Energy, South Africa intends to accelerate the transition to renewable energy sources. Speaking at a seminar on green energy in Midrand, Ramokgopa stressed that accelerating the renewable energy program is strategically important for South Africa. He emphasised the need to expedite the process of building capacity and swiftly address administrative challenges related to permits and licenses. Read more: https://lnkd.in/etwQgYNZ #GreenEnergy #EnergyProjects #ProjectFinancing #EnergyDevelopment #SouthAfrica #ALNewsbite

In response to the global challenge posed by plastic pollution, plastic credits have emerged as a viable solution to connect public and private sector finance with specific activities that address the crisis. By quantifying and certifying the results of plastic pollution reduction initiatives, plastic credits provide a means for organisations to financially support these projects and contribute to the transition to a circular economy. According to a recent report by The World Bank titled 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝘁𝗼 𝗖𝗼𝗺𝗯𝗮𝘁 𝘁𝗵𝗲 𝗣𝗹𝗮𝘀𝘁𝗶𝗰 𝗖𝗿𝗶𝘀𝗶𝘀𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗲𝘀, 𝗥𝗶𝘀𝗸𝘀, 𝗮𝗻𝗱 𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗣𝗹𝗮𝘀𝘁𝗶𝗰 𝗖𝗿𝗲𝗱𝗶𝘁𝘀, the potential benefits of plastic crediting, such as increased funding for plastic waste management projects, enhanced accountability and transparency, and the promotion of sustainable practices could bridge the financing gap needed by countries as they seek viable solutions to the plastics crisis. As we continue building momentum towards developing a legally binding instrument, we explore the adoption of plastic credits as a way to unlock public and private sector finance to address plastic pollution. The FlipFlopi Project Rosa Nduati-Mutero Dipesh Pabari Carlotta Dal Lago Faith Macharia Wangui Kaniaru Eden Gatuiku Sharon Muoki Fenan Estifanos #BeatPlasticPollution #PlasticRevolution #PlasticTrade #PlasticPollution  #PlasticCredits #SubstituteSUPs #EastAfrica #ALNimpact