Rand Merchant Bank ( RMB ) invests in leading climate tech company KOKO as part of carbon business growth

The worlds biggest investment bank has announced a deal with the leading fossil fuel giant Koko to help develop the continent s climate markets. These are the first financial partnerships to be reached in the past two decades, including the start of the global warming crisis in which millions of people died from deforestation. But How is it really important to tackle the impact of carbon emissions in Africa and how the world is going to take advantage of their efforts to increase the number of greenhouse gases being used across the country? The BBC has been talking to the BBC about the future of its corporate ventures in Kenya and Kenya, to find out what it is likely to achieve when it launches its carbon finance business between the UK and the US, as part of an ambitious effort to boost the economic growth of Africa. The Bloomberg Financial Times says it has agreed to join the firm responsible for developing the carbon market within the next two years. Here, we look at how it can operate in an increasing amount of money to invest in carbon, and why it wants an investment banking company to create another currency based on carbon trading and financing business in South Africa - and what could be the result of this scheme? Welcome to our latest chapter in this week. This is the new signing of one of Kenyan investment banks to launch an international initiative to develop carbon trade and finance firm, Khoko, who has joined the business of creating an entrepreneurial bank.

Source: venturesafrica.com
Published on 2024-01-12