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ESG

09/16/2022

South Africa lays out climate demands to rich polluters ahead of COP27 summit

Ms Creecy was one of the prominent African voices before the COP26 event in Glasgow last year.

09/15/2022

African Development Bank Issues Inaugural

The green bond proceeds will contribute to building resilience against the negative effects of climate change

09/14/2022

Africa losing up to 15% of GDP growth to climate change, African Development Bank says

"These sums reflect how the crisis is," Urama said. "Investing in climate adaptation in the context of sustainable development is the best way to cope with the climate change impacts."

09/13/2022

Absa funds South Africa’s first utility scale renewable energy captive power project

The project is expected to reduce Tronox’s global carbon emissions by approximately 13%.

09/12/2022

Creative climate finance in Africa

African leaders look to build financing momentum at COP27 in Egypt

09/09/2022

A new report signals progress on African countries’ efforts toward readiness for green growth

Kenya, Morocco and Tunisia have incorporated into their constitutions rights to a clean and safe environment

09/09/2022

Creative climate finance in Africa

Climate projects remain underfunded as extreme weather events become more frequent

09/08/2022

IFC, KCB Partnership to Boost Access to Climate Finance in Kenya

Through the partnership, IFC will support the bank to develop a climate finance strategy and build its capacity for climate risk assessment and reporting.

09/07/2022

Why banking regulators are sweating under climate stress tests

The CBK has asked lenders to put in place governance, oversight and risk management strategies to prepare the industry to face the growing climate-related risks.

09/06/2022

World climate leaders to participate in Egypt-ICF to tackle climate change in Africa

The second edition of the Egypt-ICF Forum is being held ahead of the UN Conference of Parties on Climate Change (COP27) under the theme of moving from pledges to implementation

08/29/2022

Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina

Adesina commended the Japanese government and private sector for their strong support to Africa’s development.

08/16/2022

Coal miner Seriti to acquire Windlab's African business

More specifically, Windlab is selling its 100% interest in Windlab South Africa and a 75% stake in Windlab East Africa, together referred to as Windlab Africa.

08/16/2022

Climate-friendly alternatives will benefit Africa more than natural gas

A wave of new evidence suggests that gas exploitation will not bring the expected long-term economic and development benefits for the continent.

08/16/2022

South Africa's 'silent revolution' as those with cash go solar

As a worsening power crisis hobbles Africa's most industrialised economy, provoking public ire, President Cyril Ramaphosa has promised to cut through red tape to boost coal-addicted South Africa's use of renewable energy.

08/11/2022

African Development Bank and partners discuss Africa’s potential to leverage green minerals for the energy transition

All of these are essential for building the global green economy of the future and they also comprise new market opportunities for net-zero transitions.

07/29/2022

FCMB Group posts 73.2% profit, leverages renewable energy

It noted that these were the highlights of the group’s unaudited half-year results released on the floor of the Nigerian Exchange Limited on Tuesday, July 26, 2022, in Lagos.

07/26/2022

Rethink development climate finance to get to net zero, African Development Bank DG says at OPEC Fund Development Forum

The inaugural forum, which took place in Vienna, Austria, on 22 June, brought together governments, development institutions, private sector partners, and other stakeholders around its theme

07/20/2022

Emerging Africa Group launches solar-powered campus

Sanni, talking about the campus, said, the need to do business in a suitable operational base birthed the solar-powered Emerging Africa campus.

06/29/2022

Firm calls for regulation of substance to protect environment

Government in Africa, especially Nigeria, needs to take proactive measures such as implementing new regulations to ban the use of SF6 Gas in switchgear production.

06/21/2022

Egypt and the African Development Bank discuss Africa’s climate agenda ahead of crucial ‘African COP’

The parties also discussed how best the Bank can generally support Egypt, one of the institution’s major shareholders.

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