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Zimbabwe Billionaire Financing Solar and Data Center Hub
Strive Masiyiwa, who sits on Netflix’s board , is Zimbabwe’s only billionaire but has reportedly not returned to his country of birth since 2000. However, earlier this month, he surprised market observers by announcing financing for a 300-hectare hybrid green energy and large-scale data center industrial park that will power AI and logistics operations. Startup owners are thrilled that green energy and big data infrastructure are breaking out of the Big 5 African nations (Ken


South Africa's Pledge to Decommission Coal Plant Flounders
It was on the back of this polluting legacy that South Africa made lavish demands at the 2021 Conference of the Parties (COP) to combat climate change. The EU, Canada, Germany, the UK, and France promised to provide South Africa with $8.5bn in concessional finance. In return, South Africa pledged to shift its energy matrix toward renewable energy sources. Key to South Africa’s pledges was the decommissioning of 9 of its coal power plants by 2035.
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