Thursday, 2 October 2014
Last updated 1 hour 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...