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Tuesday, 15 March 2022

COP prep: A “national climate dialogue” + green hydro talks with Fortescue

Egypt continues preparations for COP27: The government will launch a “national climate dialogue” later this month to help spread environmental awareness ahead of the COP27 summit, which will take place in Sharm El Sheikh in November, the Environment Ministry said yesterday. Under the initiative, training programs will be introduced at universities as part of a wider set of educational activities aimed at youth and women.

Meanwhile: Prime Minister Moustafa Madbouly held talks with representatives of Australian mining company Fortescue to discuss cooperation on green hydrogen, according to a cabinet statement. Fortescue Future Industries is a subsidiary set up by the miner in 2020 dedicated to green energy sources such as hydrogen, ammonia, solar and wind.

In fintech news: Hospitality management system Kwentra has partnered with fintech platforms Paymob and Sympl to launch a new service designed to allow Egyptian hotels to offer new payment options to their customers, the company announced in a statement (pdf). Kwentra Pay will run on Paymob’s payments infrastructure, while Sympl will offer buy-now-pay-later options to the hotels’ customers.

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