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China’s Xi offers another $60 billion to Africa, but says no to ‘vanity’ projects

China’s Xi offers another $60 billion to Africa, but says no to ‘vanity’ projects

BEIJING (Reuters) – Chinese President Xi Jinping offered another $60 billion in financing for Africa on Monday and wrote off some debt for poorer African nations, while warning against funds going towards “vanity projects”. Speaking at the opening of a major summit with African leaders,

Renewable Energy Sources Offer Opportunity for Stable and Affordable Electricity Prices in Kenya

Renewable Energy Sources Offer Opportunity for Stable and Affordable Electricity Prices in Kenya

Energy forms the foundation of any economic transformation. Kenya’s Vision 2030 development blueprint envisions these ideals – offering opportunities to its citizens. Economic growth means increased energy demand and consumption. Additionally, the growing human population is leading to increased energy demands. It is unfortunate that

Investors Call on General Electric to Pull Out of New Coal Plant Proposed in Kenya

Investors Call on General Electric to Pull Out of New Coal Plant Proposed in Kenya

FOR IMMEDIATE RELEASE Media Contacts: Stefanie Spear, As You Sow, (216) 387-1609, sspear@asyousow.org Michael Passoff, Proxy Impact, (510) 215-2222, michael@proxyimpact.com Oakland, California—July 18, 2018— A group of 56 institutional and individual investors representing nearly $713 billion in AUM sent a letter to General Electric (GE)