Managers of Wealth Africa

African Ministers of Finance, Economy, Environment to discuss financing and climate issues

Maait said that Egypt will adopt initiatives and ideas to present to African ministers in this meeting

Standard Chartered Partners UNECA, FSD to Accelerate Sustainability Commitment in Africa

The ultimate aim of ANCA is to help grow and protect Africa’s natural capital by shifting financial flows from destructive activities for short-term gain to long-term stewardship of nature for sustainable economic growth.

UAE-Egypt consortium set to buy African renewables firm Lekela

The deal would give Masdar, its first foothold in southern Africa, expected by analysts and bankers to be the next major hub of renewables development after Asia considering the many hours of sunlight, even during winter

Ramaphosa fires back at former spy boss over ‘disinformation’

The president dismissed as baseless allegations a criminal complaint opened by former spy boss, suggesting it was a smear campaign

Sustainably powering Africa’s development

The first article of this edition of Africa Focus covers "Transitioning from coal to renewables in Africa." Looking at options for development across the continent, it considers the role of gas in Africa's energy transition.

Nigeria’s Starsight plans clean energy expansion in southern and west Africa

It then provides solar and battery systems to cater for the reduced load.

Apex Group announces offsetting of lifetime carbon emissions

Apex will continually review and assess measures to reduce and offset future emissions

Morocco’s Credit Agricole, Nirsal Partner on Sustainable Agriculture

Morocco’s Credit Agricole and Nigeria’s Nirsal are parenting to enhance financial inclusivity among Africa’s small farmers.

Old Mutual Insure CEO shares his views on climate change

"It is a heavy burden for our customers, firstly, and we want to be there to support them."

Nedbank arranges R500m sustainability-linked loan for Old Mutual Property

The key performance indicators (KPIs) included in the structure of the sustainability-linked term loan focus on the two sustainability themes of energy and water

Time to get serious about the realities of climate risk

Many companies overlook the pressing, often surprising, array of climate risks they face. By understanding them better, leaders can safeguard their business and identify opportunities to compete in a decarbonizing world.

West Africa gets ready for desertification COP15

The African Development Bank’s Africa Climate Change Fund contributed to the workshop, developed by the UN Convention to Combat Desertification, in collaboration with several technical and financing partners.

Here’s why developed economies must bear the $100 trillion cost of the net-zero transition in emerging markets

By contrast, if developed markets were to fund the transition cost, it would result in higher household consumption and global GDP being cumulatively raised by $108.3 trillion.

Green Hydrogen – the New Energy Rush for Africa

With rapidly improving technology and decreasing costs for fuel cells, green hydrogen is becoming a more appealing fuel alternative in Africa.

Cim Finance issues Mauritius’ first Green Bond

The Green Bonds were also created to meet the increasing demand for socially responsible investment opportunities.

Ghana: ADB Group to Double U.S.$25 Billion

"We will double that amount to 25 billion dollars over the next five years, he said.

ESG and the risk of lender liability for environmental harm

The risk of exposure is determined by the lender’s degree of control over the borrower.

Promoting Environmental Sustainability

This is why the initiatives of The Coca-Cola Company are noteworthy.

Reporting standards, metrics to drive ESG in capital markets

Looking at South Africa, the report notes that the JSE has delivered draft climate and sustainability disclosure guidelines.

New finance taxonomy to explain what makes an SA project a green one

The green finance taxonomy is meant to help ensure that national priorities are reflected in financing measures, while still remaining aligned with international trends.