EMURGO Africa Invests USD 250K in Changeblock
MURGO Africa, the Africa and Middle East-focused venture arm of EMURGO, a prominent founding entity behind the Cardano blockchain, invested USD 250,000 in Changeblock.
Preferences
Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. Blocking categories may impact your experience on the website. More information
EMURGO Africa Invests USD 250K in Changeblock
EMURGO Africa and Changeblock to Drive an Additional $630M Value Surge for the Cardano Token.
The Partnership will Enable Unique Carbon Asset IDs on Cardano, boosting transparency through specialized digital identity.
The Partnership Enables Monetizing Climate Actions, Creating Traceable Environmental Credits
Dubai, 8th August 2023 - EMURGO Africa, the Africa and Middle East-focused venture arm of EMURGO, a prominent founding entity behind the Cardano blockchain, invested USD 250,000 in Changeblock. This investment marks EMURGO Africa's commitment to supporting and promoting innovative blockchain-based solutions in the region.
Changeblock, a pioneering carbon market technology company, aims to revolutionize the carbon trading landscape by leveraging the power of blockchain technology. With this investment, EMURGO Africa aims to foster sustainable development and environmental responsibility while driving transformative change within the carbon market.
"Our investment in ChangeBlock is in line with our commitment to foster the development of climate change reversal technologies and impactful solutions on Cardano’s third-generation and environmentally-sustainable blockchain.” Said Ahmed M. Amer, CEO of EMURGO Africa and Executive Director of EMURGO MEA.
“Together with ChangeBlock, we hope to bring the world’s regulators, business leaders, and global changemakers to foster and double down on their commitment to a global net zero strategy that is both economically viable and monetizable" Amer added.
“Our shared vision with EMURGO Africa is to turn sustainable action into a valuable, tradeable asset for Africa. By leveraging the power of blockchain, we're creating a transparent and efficient market that incentivizes sustainable practices and attracts climate-focused investments.” said Billy Richards, CEO of Changeblock
Through this strategic alliance, EMURGO Africa intends to contribute to the growth of Changeblock's innovative solutions and strengthen their position in the carbon market technology space. This investment aligns with EMURGO Africa's overarching vision of advancing blockchain adoption and fostering economic growth and social progress in Africa and the Middle East.
About EMURGO Africa
EMURGO Africa invests and partners with Africa-focused enterprises, startups, and accelerators to foster the development of socially impactful solutions on Cardano's third-generation and environmentally-sustainable blockchain.
EMURGO Africa Blog: www.blog.emurgo.africa
Website: www.emurgo.africa
Twitter: twitter.com/EmurgoAfrica
LinkedIn: www.linkedin.com/company/emurgoafrica/
About ChangeBlock
Changeblock is a global carbon market technology company that develops innovative technologies for creating high-integrity tradeable offsets from trustworthy and transparent sources. Our data-to-credit technology enables easier financing and faster outcomes for project developers and is paired with Changeblock's Exchange, a marketplace that allows users to buy, sell, and retire high-integrity environmental credits.
Website: www.changeblock.com/
LinkedIn: www.linkedin.com/company/changeblock/
Twitter: www.twitter.com/Changeblock_io
Related posts
Check out other posts
Changeblock, Stabiliti unite for Verified Carbon Credits per UKCCC rules
Changeblock has announced a strategic partnership with Stabiliti, an automated carbon removal provider. The collaboration aims to channel capital into nature-based solutions and offer verified carbon credits in accordance with the UK Carbon Code of Conduct (UKCCC). Changeblock will offer Stabiliti's carbon credits to buyers through its platform. The partnership enhances credit integrity, transparency and drives real environmental impact towards a global net-zero economy.
Changeblock: UK North Sea Treasure Map Needs Energy Industry Investment to Drive Carbon Capture
Changeblock, a global carbon market technology company that develops innovative technologies for creating high integrity tradeable offsets from trustworthy and transparent sources, today said that the recent UK government announcement of the creation of a North Sea “treasure map” for carbon capture and storage (CCS) raises concerns and opportunities for the country's journey towards a net-zero economy.