Kenya Signs Deals Worth $4.48 Billion to Develop Green Projects
William Ruto, Kenya's president, speaks to reporters on day three of the COP28 climate conference at Expo City in Dubai, United Arab Emirates, on Dec. 2.
Photographer: Annie Sakkab/BloombergThis article is for subscribers only.
Kenya signed deals for seven green projects on the sidelines of the COP28 summit, include geothermal generation plants, fertilizer production and a data center powered by renewable energy, according to an emailed statement.
Kenyan President William Ruto is pushing for Africa to become a “green powerhouse.” Kenya generates 92% of its electricity from renewables including geothermal, hydro and wind. The nation also has a target to grow 15 billion trees and rehabilitate 10,000 wetlands with an eye on nature swaps.