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Friday, April 26, 2024

Cenfura, DNA Global Energy mull renewable energy microgrids in South Africa

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CenfuraⓇ Ltd. is proud to announce a global joint venture with DNA Global Energy Limited.

This joint venture will initially include 14 new renewable energy microgrids in South Africa and continue globally with other renewable energy projects and tokenization initiatives. The venture will design, build, operate, and tokenize assets around the globe.

The initial 14 projects are microgrids similar to the Cenfura Malachite Mews microgrid in South Africa. Given Cenfura’s operational success in this area, this joint venture is a logical next step in the company’s growth in the region. Every installation acquired or created will be tokenized with Cenfura’s XCF utility token, allowing new methods of billing and financial management for a more effective and efficient financial system.

Cenfura‘s utility token offers, a unique fintech solution to this joint venture. The token is already available on the open market, principally on Liquid Exchange, which offers purchasing ability to most of the world.

We are very pleased with the continued rapid expansion of our Group. This represents another major step forward for our company and will enable us to contribute to the further development of Renewable Energy projects in Africa. It is our goal as Cenfura to have a local presence and act globally, with the right legal structure in place to serve our clients/local partners in Africa.”

“The Board of Directors of Cenfura will devote their working time to the further development of this new Joint Venture with DNA Global Energy and we look forward to work with DNA Global Energy to continue the success of our Group”.
said Pasi Nieminen, Cenfura Founder, and Chairman.

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