Managers of Wealth Africa

Central banks integrate ESG into mainstream activities

Over 80 central banks are now members of the Network for the Greening of the Financial System

Sustainable Energy Fund for Africa extends grant to speed countries' energy transition ahead of COP26

The SEFA Rapid Response Facility, part of COP26 Energy Transition Council efforts, is designed to be flexible and responsive to the energy-transition requirements of participating Governments.

Feeling the heat, Standard Bank turns green

Shareholders are pressuring banks to observe climate ethos

IFC and Absa ink first African green loan

The IFC “will provide technical advice and knowledge sharing to help the bank develop a green, social, and sustainable bonds and loans framework,” according to the statement.

Old Mutual launches ESG rating system for unit trust funds

The financial services industry is at the centre of the ESG movement

Africa raises its voice in the war on climate change

The carbon offset market could become one of the most important new financial models that are needed to fund greening initiatives in emerging markets.

Investec Property Fund launches first REIT sustainability-linked ESG bond in Africa

Investec Property Fund (‘IPF’ or ‘the Fund’) today became the first South African real estate investment trust (REIT) to issue a sustainability-linked bond.

Restore our Earth

My pledge started in 2016

Morocco to attract foreign renewable energy investment

Two laws related to the energy sector have been issued, he said — one for hydrogen investments and the other for self-production that allows citizens to produce the electricity they need.

Willis Towers Watson commits its delegated investment portfolios to net zero

Measurement of our progress and that of the whole investment industry towards stewarding the transition to a net zero and climate-resilient economy is an important issue.

Climate change remains the biggest threat to the built environment and Future of Africa's cities

The most affected areas are expected in the Central and Southern parts of Africa including the capitals of Lilongwe and Lusaka

Climate Chaos: NGOs Name Top Banks Who Put $3.8 Trillion Into Fossil Fuels

In Europe, British bank Barclays was the biggest fossil fuel backer

African Green Infrastructure Investment Bank announced by institutional investors

The AGIIB initially seeks to raise $3bn-$5bn from African institutional investors and governments and mobilize approximately $20bn from G7 and G20 investment partners.

Old Mutual buys majority stake in solar project

The acquisition forms part of a joint transaction with Sturdee Energy Namibia, which has acquired a minority stake in the plant.

Providing Timely ESG Information Is Becoming More Crucial for CFOs

Analysts and investors rely on data when evaluating a company’s outlook, creditworthiness

South Africa: DBSA launches green bond for climate projects

The South African bank also intends to use this mechanism to increase its climate finance tenfold.

West African Development Bank issues first sustainability bond

The issue is part of a “Sustainability Bond Framework”, calling on BOAD to finance projects with a high social and environmental impact.

African Development Bank assists West African countries to deliver carbon emission reductions and meet their Paris Agreement commitments

The Bank will underwrite the preparation of concept notes exploring the use of internationally transferable mitigation outcomes (ITMOs) in selected West African countries

Walkers Advises Again On Receivables Financing For Off-Grid Solar Energy Project in Kenya

Due to the success of the structure, Norfund the Norwegian Investment Fund for Developing Countries have agreed to become a co-senior lender and to provide BLK1 with USD 15 million of additional senior debt which will enable the expansion of the receivabl

Better use of energy taxes could strengthen developing country finances while cutting pollution

The OECD will publish Effective Carbon Rates 2021