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Deals and announcements from Nairobi Climate Network members during COP

With the conclusion of COP 28, we're excited to share the latest announcements, deals, and milestones from the Nairobi Climate Network members at the event:

Ampersand Solar was selected to showcase the Ampersand Battery service for electric motorbikes in the WIPO GREEN database and also featured in this year’s flagship “Green Technology Book”, launched at COP28. WIPO GREEN is part of the United Nations World Intellectual Property Organization (WIPO).

Read more on this highlight here.

BasiGo announced that they secured $5 million in debt funding from British International Investment’s Climate Innovation Facility to scale up local assembly of electric buses in Kenya.

Read more about the partnership here.

BURN has received the Energy Transition Changemakers Award at the inaugural UAE Presidential Energy Transition Changemakers Award at COP28! This is in recognition of their innovative solutions that promote sustainable clean cooking practices in Sub-Saharan Africa

Read more about this here.

The Africa Go Green Fund (AGG), a fund managed by Cygnum Capital Asset Management, which invests in projects in Sub-Saharan Africa that reduce greenhouse gas emissions, announces strategic financing of $10 million to BURN Manufacturing (BURN), the world’s leading clean cookstove manufacturer, distributor, and carbon-offset project developer, to distribute clean cookstoves to households in Mozambique, Nigeria, and the Democratic Republic of Congo.

Read more on this partnership here.

British International Investment announced $55 million of new climate finance commitments. To support countries most vulnerable to the impacts of the climate emergency.

Read more about the partnership here.

Clean Cooking Alliance announced that it’s partnering with the African Development Bank Group and the International Energy Agency (IEA) to form the Africa Clean Cooking Consortium. The Consortium will outline the actions required to achieve universal access to clean cooking in Africa. 

Read more about this partnership here.

FSD Africa announced a collaboration with the Trade and Development Bank Group on “Project Preparation Facility for Climate Action Projects in Africa.” The goal of the partnership is to work together to bridge the Climate Financing gap and drive positive change across the continent.

Read more about the partnership here.

FSD Africa announced a partnership with FSDAi Nyala Facility and WIC Capital, a local capital provider making waves in Senegal and Cote Ivoire. The goal of the collaboration is the shared commitment to advancing gender lens investing and increasing financing for Small and Growing Businesses, particularly those led by women.

Verst Carbon in partnership with the Rockefeller Foundation, USAID, VCMI, Verra, and KOKO Networks announces the official launch of its Carbon Markets Platform as well as a key pipeline of its carbon projects being developed through the platform.

See more about the platform here.

YNA Kenya received two awards during COP; “The COP28 Energy Transition Changemakers Award” and “The UNFCCC Climate Action Award”. These accolades highlight Yna Kenya's impactful contributions to sustainable e-mobility solutions and climate action.

Read more on these awards here and here.