Clean Invest Africa, is a reputable investor in renewable energy projects looking to shift its focus on Africa’s clean energy companies and waste-to-energy technologies. Led by Shaikh Mohamed Abdulla Khalifa Al-Khalifa, a Bahraini royal family member, as its non-executive chairman, and Filippo Fantechi as CEO, the company aims to deliver strong returns from its investments.
It’s only automatic to invest in Africa, with the continent’s renewable resources potential outshine any other region. True to that Africa has abundant resources like sunlight, rivers, and wind, making it ideal for clean energy projects. However, the challenge has always been a lack of climate funds, making Clean Invest Africa a huge step towards green economy redemption.
One of Clean Invest’s major projects is Project Claps in Italy, which turns coal waste into pellets. The project is 60% complete and has already generated EUR120,000, with expected future earnings. In South Africa, their subsidiary, Coal Agglomeration, is about to scale up production. Additionally, in the U.S., the company is working on the Leatherwood Project in Kentucky, focusing on recovering coal waste.
Though Clean Invest made a loss of GBP232,907 in the first half of 2024, they remain optimistic. They are securing long-term deals, raising funds, and restructuring debt, all while exploring new investment options. The company believes one significant customer could lead to a transformative project valued over USD10 million.
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