The announcement was made by the UAE’s Minister of Energy and Infrastructure, Suhail Al Mazrouei, at the Africa Climate Summit in Nairobi, Kenya.

The investment will support a wide range of clean energy projects in Africa, including solar, wind, and hydropower.

It will also be used to develop energy storage technologies and promote energy efficiency measures.

The UAE’s investment is a significant boost for Africa’s clean energy sector.

The continent is home to some of the world’s best solar and wind resources, but it has struggled to develop these resources due to a lack of funding.

The UAE’s investment will help to unlock Africa’s clean energy potential and contribute to the continent’s efforts to combat climate change.

The UAE is not the only country that is investing in clean energy in Africa. Other countries, such as the United States, China, and the European Union, have also pledged billions of dollars to support Africa’s clean energy transition. This growing investment is a sign of the increasing importance of clean energy in Africa and the world.

The UAE’s investment also reflects the country’s commitment to clean energy. The UAE has set a goal of generating 44% of its electricity from
clean sources by 2050.

The country has already made significant progress towards this goal, and the investment in Africa will help to accelerate the transition to clean energy.

In addition to the $4.5 billion investment, the UAE also announced at the Africa Climate Summit that it would join the Africa Carbon Markets Initiative (ACMI).

The ACMI platform aims to create a market for carbon credits in Africa. The UAE’s participation in the ACMI will help to support the development of carbon markets in Africa and help the continent meet its climate goals.

The UAE’s commitment to clean energy in Africa is a significant step forward for the continent.

The investment will help to accelerate Africa’s transition to clean energy and contribute to the fight against climate change. It is also a sign of the UAE’s growing leadership on climate change issues.

The UAE’s investment in clean energy in Africa is a positive development for the continent and the world. It is a sign of the UAE’s commitment to clean energy and its willingness to play a leading role in the fight against climate change.

The round was led by global venture capitalists LocalGlobe, Amplo, Pronomos Capital, and Future Africa.

Itana’s Digital Free Zone will be a physical and virtual space that will offer businesses a range of benefits, including:

• A stable policy environment
• Tax and capital repatriation incentives
• The freedom to operate remotely
• Access to a global network of talent and investors

The funding will be used to develop the Itana Digital Free Zone, as well as to grow the company’s team and launch its digital residency program.

The startup is on a mission to empower entrepreneurs to establish a highly esteemed business within Nigeria’s inaugural digital-free zone.

“Within the Itana digital free zone, startups will have the benefit of a stable policy environment, tax and capital repatriation incentives and the freedom to operate remotely without the need for an expansive physical presence within the free zone. I’m looking forward to the global businesses from Nigeria that will emerge from this,” founding investor Iyinoluwa Aboyeji was quoted as saying.

Okosi will lead Google’s business globally, including its advertising, cloud, and hardware products and services.

He is a seasoned media and entertainment executive with over 20 years of experience.

He joins Google from MultiChoice Group, where he was the Managing Director for Nigeria and West Africa. In this role, he was responsible for the company’s pay-TV, video-on-demand, and digital businesses.

Prior to MultiChoice, Okosi held senior positions at MTV Networks Africa, Sony Pictures Television, and the International Broadcasting Trust. He is a graduate of the University of Lagos and holds an MBA from the Lagos Business School.

“I am excited to join Google and to be part of the team that is making a difference in the lives of Africans,” said Okosi. “I look forward to working with our partners and customers to bring the power of technology to everyone on the continent.”

Okosi’s appointment is a significant move for Google as it seeks to expand its presence in Africa.

The continent is home to over 1.2 billion people, and Google is committed to making its products and services available to everyone.

In addition to his experience in the media and entertainment industry, Okosi is also a strong advocate for developing the African tech ecosystem.

He is a member of the board of directors of the Lagos Business School and the African Business Roundtable.