East Africa’s AI-Powered agricultural revolution

November 21, 2023

“Agriculture is our wisest pursuit, because it will in the end contribute most to real wealth, good morals, and happiness.”
– Thomas Jefferson

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AI // Transforming East Africa’s agriculture industry

Boomitra’s AI-powered soil carbon-monitoring technologies have the potential to revolutionise East Africa’s agriculture industry. The project, which is organised under the United Nations World Food Programme (WFP), aims to enhance soil health, build climate resilience, and unlock new financial prospects through carbon revenue. Read more.

Renewables // Financing Taiwan’s largest wind farm

Deutsche Bank has completed financing for Hai Long, Taiwan’s largest offshore wind project. This marks a step towards helping the country reach its net-zero greenhouse gas emissions target by 2050. The deal is Deutsche Bank’s fourth large-scale project financing and hedging transaction in Taiwan’s offshore wind sector. Read more.

Transport // Toyota nears mass production of solid-state batteries

Toyota, the world’s largest car manufacturer, is on the verge of starting mass production of solid-state batteries for the next generation of electric vehicles. These promise to double the range of their EVs to 1,200km and slash charging times to under 10 minutes. However, challenges like production costs and assembly precision persist. Despite these, Toyota eyes mass production by 2028 at the latest. Read more.

Green Finance // £180M raised for the UK’s Green Heat Network Fund

Millions of pounds have been allocated to five projects as part of the latest round of funding from the UK government’s ‘Green Heat Network Fund’ incentive. The government plans to expand heat networks to decarbonise buildings and homes, with an additional £65M recently added to the initiative. This raises the total amount of financial support for the initiative to over £180M. Read more.

Resources for modellers

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