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Miners face funding squeeze as green investing sweeps in

Protesters against the planned coal-fired power plant in Lamu County march in the streets of Nairobi in June last year. Key financiers of the project have pulled out due to environmental concerns. [File, Standard]

As global investors shift away from heavy industry in favour of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardising projects.

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