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DIFC’s Gate Avenue gets LEED Gold certification

Dubai / WAM The Dubai International Financial Centre’s (DIFC) Gate Avenue has been awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold accreditation from the US Green Building Council and Green Building Certification Inc. Gate Avenue was awarded the LEED certification for successfully fulfilling the prerequisites and credits across nine measurements for building excellence from integrative design to ...

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Egypt in talks to sell extra power

Bloomberg Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a regional export hub, the head of its sovereign wealth fund said. The nation, which has a surplus of electricity, sees unspecified “power-hungry” countries to the north as possible customers, according ...

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Actis eyes Africa power projects after $1b funding

Bloomberg London-based private-equity firm Actis is looking at African energy projects to add to the $1 billion it has already invested in the sector on the continent. “We’re seeing some new opportunities that we’ve not yet approved,” Neil Brown, a partner and head of the Investor Development Group at Actis, said in an interview. Investments will probably be spread across ...

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