Friday, 29 August 2014
Last updated 12 hours ago
Nov 29 2009 | 8:34pm ET
The deal will see the two companies grow the plant, from which they will extract an estimated 20 million liters of biofuel annually, on 10,000 hectares of marginal land near Akagera National Park.
The companies say the biofuels produced will eventually replace up to 20% of Rwanda’s fossil fuel requirements. Eco-Fuel Global CEO Mark O’Brien characterized the project as “the beginning of one of the largest sustainable biofuel projects in the world.”
The deal, part of a larger Sub-Sahara Africa bio-fuel strategy, is expected to create 6,500 direct jobs and reduce greenhouse gas emissions. Investors also claim the project will contribute to food security, as one of the by-products of the bio-fuel production process is fertilizer.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...