Managers of Wealth Africa

Five ways in which finance for climate adaptation in Africa falls short

At the same time, Africa’s contributions to greenhouse gas emissions causing global warming are among the lowest globally.

Sustainability With Substance, Not Sustainability by Numbers

We don’t live in a 1.5 degree world

Sustainable Finance and FinTech: A necessary marriage

With a global reputation as the preferred gateway for investment in and out of Africa, and as an International Financial Centre of repute and a FinTech hub for the region, Mauritius can become the “Sustainable FinTech Hub for Africa” if all st

Co-operative Bank of Kenya plans to boost green financing

A funding deal signed by the bank reflects increased demand for solar energy in the country, with energy costs a heavy burden for many small businesses

SA economic risk means banks reticent to entirely cut funding to its thermal coal sector

Absa and Standard Bank, South Africa’s other two leading lenders, have left the door open to funding some new coal mining or power projects, said Reuters.

‘Climate Change, Deforestation, Pose Challenge to Nigeria’s Economic Resurgence’

"the Bank would mobilize $25 billion in climate finance by 2025 in support of African countries."

SA private sector investment needed to raise trillions to build lower carbon economy

Treasury’s focus on sustainable finance encourages financial institutions to also be cognisant of how their investment decisions impact the environment.

Despite investor pressure SA banks say they can't cut off all coal funding just yet

The state-run power company Eskom relies mainly on ailing coal-fired power stations to supply 90% of South Africa's electricity. More than 90,000 people were employed in coal mines in 2020.

SA’s banks say they can’t cut off funding for coal just yet

An immediate halt would put huge political and economic strains on a nation that relies on the most polluting of fossil fuels.

Kenya tops in green financing in Africa - report

These are market depth, access to foreign exchange, market transparency, tax and regulatory environment

Five priorities for COP26: an investor’s perspective

In biodiversity alone, 68% of animal populations have vanished in the past 50 years

US giant lends SA Development Bank R3bn for green projects

A number of other deals are under discussion that could follow South Africa and Pimco had an appetite for an amount four times the size of the initial deal, she said.

From the president’s desk: SA needs to act urgently to reduce greenhouse gas emissions

All these emerging trends mean that we need to act with urgency and ambition to reduce our greenhouse gas emissions and undertake a transition to a low-carbon economy.

Helping banks go green

This is but one of a thousand examples of how our partner financial institutions help their clients embrace new technologies and adapt to a changing planet.

COP26: African countries stand to gain from climate change conference

The CVF manifesto is the latest expression by those in climate vulnerable countries of their needs ahead of COP26, and is consistent with public statements to date.

Sustainable evolution post FATF

The process of coming out of the Grey List has not been an easy one and has underlined a key issue

Some SA banks committed to fossil fuel disinvestment — others aim to keep coal and oil financing furnaces burning

Investec said in 2020 that it would no longer finance any new coal-fired projects in South Africa unless it was to fund Eskom.

Schroders Global Investor Study 2021

The sustainability-focused findings of our flagship study

Still framing the Global Business narrative

To overcome this pitfall, new players in the News and Social domain are launching near-time ESG insights.

How to Change Course on Climate

Without a drastic change in direction