NAIROBI: Africa's first verifiable emissions reduction platform has begun operations with a carbon futures transaction of more than two million credits, a continental record. Nairobi-based CYNK traded the credits, which will be produced by Tamuwa, Kenya's largest biomass company, it said in a response to questions. This 'showcases the potential for climate projects and sovereign nations in the Global South,' Sudhu Arumugam, CYNK's chief executive officer, said in a statement yesterday. They can 'monetise this fast-growing asset class,' he said.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-09-05-story-h-240916522-First_African_offsets_platform_begins_with_record_credit

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