12/11/2020
The bank justified its continuing financing of thermal coal extraction by saying most of Africa’s electricity is still generated by burning coal.
12/10/2020
S.African insurer Sanlam sees challenging environment ahead
The company said HEPS rose by 4% for the 10 months ending Oct. 31, with the operating environment improving since June as governments eased coronavirus curbs, supporting sales from Sanlam’s traditional life insurance distribution channels.
12/09/2020
The Bank's partnership with IRENA will support Africa's energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030." - Bank VP Kevin Kariuki
12/06/2020
The shortage has reached acute levels in many of the 20 High Impact Countries across Africa and Asia with the largest access gaps that the reports track using the latest available data from 2018, including Angola, the Democratic Republic of Congo, Ethiopi
12/04/2020
The JSE Finance Sector constitutes 10 percent of the total market capitalisation of all JSE-listed companies, contributing 20 percent to gross domestic product and 15.6 percent to employment.
12/01/2020
Country performance is commonly expressed in GDP – but GDP numbers fail to reflect the underlying elements that shape the development of a country.
11/30/2020
These policy shifts will drive major changes in business across entire value chains from product design to production, distribution and recycling.
11/22/2020
Kenya, a sustainable development powerhouse with an ambitious NDC target to reduce emissions by 30 per cent by 2030, had in earlier negotiations with UN Development Programme led by Resident Representative Walid Badawi, been challenged to set higher targe
11/16/2020
Adesina highlighted a number of disparities that the pandemic has laid bare in Africa
11/16/2020
Pandemic has strengthened the investment community’s commitment to ESG issues
11/10/2020
Africa’s biggest CO2 emitter and one of the world’s top-ten coal producers had pledged to reduce emissions by more than one third by this year under the Copenhagen Accord
11/09/2020
Access to funding is also becoming intricately linked to a commitment to ESG principles, with industrials looking at sustainability initiatives as a way to source capital for projects in Africa.
11/06/2020
Commitment to sustainability opening doors to post-pandemic capital in Africa
By Wildu du Plessis, Head of Africa, Baker McKenzie
11/05/2020
Against this backdrop, the growth of the sustainable finance market’s growth is being supported by the establishment of ESG linked funds, Sustainable Indices, and by an evolving regulatory environment.
10/15/2020
This trend was also evident when respondents were asked about the ability of ESG integrated portfolios to generate long-term sustainable alpha and to mitigate risk.
10/14/2020
This gives rise to missed opportunities and stifles the ability of ESG investment to flow into projects in Africa
10/02/2020
Absa Bank Kenya PLC has been recognized as the first bank in Kenya to join the Kenya Green Building Society (KGBS) as a champion for initiatives that promote the green economy by reducing pollution and improving people’s lives while fostering econom
09/29/2020
The OECD Business and Finance Outlook 2020 says that ESG investing has grown steadily in recent years, with ESG ratings, indices and other financial products proliferating to meet demand.
09/24/2020
Africa’s energy transition is creating opportunities for industrial users to tap into non-fossil fuel supply sources – delivering greater reliability and improved prices. James Gavin reports
09/23/2020
AFC’s Inaugural CHF150 Million Green Bond to Finance Africa’s Sustainable Development
The issuance underscores the Corporation’s commitment to sustainable investing principles, and builds on past successful green financing initiatives pursued by the Corporation.