27
Feb
Namibia will become the first country in the world to generate carbon credits under a project by the Nopal Renewable Energy Corporation. Observer Money asked Nicole Maske, a partner at Nopal Renewable Energy Corporation on how the company will progress with its plans. The company plans to invest N$1.8 billion in a large-scale nopal cactus farm in Maltahöhe, aiming to establish Namibia as a leader in carbon sequestration through agriculture. Observer Money (OM): How will Nopal Renewable Energy raise N$1.8 billion needed for the next three years needed to invest in the cactus farm at Maltahöhe? Will this money be…