Bloomberg Natural gas can play a transitional role in Africa’s development to a greener economy, the European Union’s climate chief Frans Timmermans said in response to climate activists’ concerns about locking the continent into fossil fuels. While renewable energy is becoming cheaper globally, Timmermans said he understands Africa’s need to monetise its fossil-fuel resources. The EU and member states like …

  Bloomberg Strong growth in global demand for renewable fuels offers a great opportunity for suppliers in Australia, the second-largest exporter of canola seed, according to one of the country’s biggest crop shippers. While the US is the largest market, “we are seeing very strong growth across Asian markets and into China, and I think it creates a great opportunity …

  Bloomberg Enel SpA is weighing a sale of its operations in Peru as it seeks ways to cut debt and fund new investments, according to people familiar with the matter. Italy’s largest utility is working with advisers on the potential disposal, which could be valued at about $5 billion, the people said. The asset has drawn preliminary interest from …