Author: Africanews

TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) with an investment allocation of $2.2 billion to combine their onshore renewable energy businesses across nine Asian markets. The partnership aims to meet rapidly growing electricity demand in Asia by scaling up solar, wind, and battery storage projects. Once finalized, the JV will serve as the exclusive platform for both companies to develop, build, own, and operate onshore renewable assets in Azerbaijan, Indonesia, Japan, Kazakhstan, Malaysia, the Philippines, Singapore, South Korea,…

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1. Hong Kong’s First Batch of Stablecoin Issuer Licenses, Expected by End-March, Remain Unannounced as of March 31 link Hong Kong’s first batch of stablecoin issuer licenses, originally expected to be issued by the end of March, remained unreleased as of March 31. In response, a spokesperson for the Hong Kong Monetary Authority stated that it is fully advancing the licensing process and will make an announcement in due course. Earlier, Eddie Yue, Chief Executive of the HKMA, said 36 license applications had been received and that a small number of initial licenses would be issued in March. Market expectations…

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