Vancouver, British Columbia –News Direct– MarketJar
In recent decades, economic relations between the United States and Africa have evolved from aid to trade and now to a focus on investment, indicating a shift in perspective and a growing interest in Africa's opportunities.
Following the US-Africa summit meeting in December 2022, President Biden started It was an exceptional year for our engagement with Africa, achieving important milestones and delivering on commitments made during the Summit.
The current administration has exceeded its pledge to invest $55 billion in Africa over three years, demonstrating its deep commitment to the continent.
Large-scale infrastructure projects in Africa have become particularly attractive to U.S. institutional investors, with the potential for long-term returns and significant social and economic impact.
These projects, particularly in the transport, energy, water and communications sectors, require significant funding to address Africa's infrastructure funding gap. Public-private partnerships (PPPs) are seen as essential to filling Africa's infrastructure funding gap, with development estimated to require between $130 billion and $170 billion annually.
Addressing this gap would bring significant social and economic benefits, including improved access to jobs, education and banking services. Additionally, the renewable resource-rich energy sector offers significant opportunities for U.S. institutional investment to enable Africa's transition to becoming a green energy powerhouse.
Some of the companies focused on solutions that can upgrade Africa's infrastructure include: Surf Air Mobility Co., Ltd. (NYSE:SRFM)a Los Angeles-based regional air mobility platform, is transforming regional aviation through electrification.
surf air mobilityThe largest scheduled departure-based commuter airline in the United States is developing innovative new technology to upgrade its widely popular Cessna Grand Caravan aircraft with all-electric and hybrid-electric engines for passenger air travel. .
Surf Air Mobility supplies electric powertrains to Kenyan operators
January 17th, surf air mobility We have signed an agreement with Z.Boskovic Air Charters Ltd, a well-known name in the private charter, safari, cargo transport and corporate travel sectors in Kenya. surf air Once certified, cutting-edge electric powertrain technology will be integrated into Z. Boskovic's existing and future Cessna Caravan fleet.
Z. Boscovic currently operates a fleet of 13 Cessna Caravan aircraft, positioning it as Kenya's leading charter operator of this aircraft model and has plans to expand its Caravan fleet this year.
This collaboration marks further progress surf air mobilitycontinues to work to expand the scope of its innovative electric powertrain technology.
surf air mobilityThe electric and hybrid powertrains aim to reduce emissions by 100% and 50%, respectively. Z. Boskovic is Kenya's leading safari operator and is passionate about environmental conservation. The aim is to significantly reduce the caravan's carbon footprint, thereby increasing the protection of Kenya's ecosystems and wildlife.
This contract is: Other recent sales while surf air mobility Kenya's prominent Cessna Caravan operators Safarilink and Yellow Wings will also offer electric powertrains in their aircraft.
These partnerships support SafariLink and Yellow Wings’ ambitious goal of transitioning to all-electric operations by 2027, helping to advance the sustainability of air travel in Africa. Kenya stands out as a leader in the regional air mobility market and these collaborations are an important step towards accelerating the adoption of aviation electrification technologies.
Surf Air Mobility Co., Ltd. (NYSE:SRFM) is actively pursuing supplemental type approval for both hybrid and all-electric versions of the Cessna Grand Caravan. Targeted effects include the potential to reduce direct operating costs by up to 50% and achieve a 100% reduction in carbon emissions for fully electric powertrains. surf air believes the impact of this technology has the potential to transform regional aviation on a global scale.
This partnership positions Z. Boscovici, Safarilink and Yellow Wings as pioneers in implementing green technologies, which are critical to a greener, quieter future in regional transport, especially the conservation of Kenya's wildlife. It will be established. This is also in line with the Kenyan government's recent commitment to transition from fossil fuels to renewable energy sources by 2030.
Safarilink highlights its commitment to protecting the environment in the areas in which it operates, stating: surf air mobility's electric powertrain technology has the potential to reduce noise and climate impact, and improve the experience of local ecosystems for visitors around the world.
Yellow Wings highlighted its support for alternative propulsion for air travel and said Kenya, with its 91% carbon-free electricity generation, is the perfect leader in this effort.
collaboration between surf air mobilitySafarilink, Yellow Wings and Z.Boskovic have the potential to transform regional aviation in Kenya and East Africa by demonstrating the feasibility and impact of electric caravans on the industry.
please click this Link Or read their article corporate presentation Learn more Surf Air Mobility, Inc. (NYSE:SRFM).
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