Power producer KenGen to earn US$1.1m from 550,981 carbon credits sale

KENYA – Kenya Electricity Generating Company (KenGen) is set to benefit from its Clean Development Mechanism (CDM) Projects, earning an estimated KSh 119 million (US$1.1 million). This follows the issuance of additional 309,495 Certified Emission Reductions (CERs) for KenGen’s Olkaria II CDM Project by the United Nations Framework Convention on Climate Change (UNFCCC), bringing the total amount of issued carbon credits to 550,981. According to Rebecca Miano, KenGen Managing Director and CEO, climate change has become one of the biggest global environmental challenges and has created an urgent need for…

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Carbon launches its in app banking extension to improve customer experience

NIGERIA – Carbon, a financial service provided by One Finance & Investments Limited, has launched Carbon Express – A keyboard extension that allows customers to access Carbon services from within whatever app they are using, in an effort to improve the experience of its customers.  Carbon Express enables users to initiate and complete transactions such as P2P transfers and bill payments from the keyboard without launching the Carbon App or leaving the current app that they are using. Instead, they will be able to access services from the touch of…

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