11/16/2020
Green route may be among few financing options for government
Pandemic has strengthened the investment community’s commitment to ESG issues
ESG
11/10/2020
Corrected-S.African investors exit local coal project on climate concerns
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
Commitment to sustainability opening doors to post-pandemic capital in Africa
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
Covid-19 Has Added Impetus To Africa’s Sustainable Finance Market – Standard Bank CEO Sim Tshabalala
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
Appetite for ESG accelerates during pandemic: Royal Bank of Canada survey
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
Unlocking Africa’s ESG potential
This gives rise to missed opportunities and stifles the ability of ESG investment to flow into projects in Africa
10/02/2020
Absa Bank Becomes First Bank To Join Kenya Green Building Society
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
More efforts needed from governments, regulators and business to unlock full potential of sustainable finance
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
African industry’s head turned by renewables
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.
09/18/2020
World Bank targets green, resilient economic growth in Africa
43m people in SSA could be pushed below the poverty line by 2030
09/17/2020
World Bank unveils Next Generation Africa Climate Business Plan
The World Bank has unveiled the Next Generation Africa Climate Business Plan (NG-ACBP), a detailed roadmap aimed at helping countries in Sub Saharan Africa to address climate change and poverty.
09/16/2020
Global Philanthropy Forum panelists call for ‘smarter’ collaboration among funders to meet ambitious targets for a climate-resilient Africa
Participants highlighted the critical role of innovative approaches to mobilizing climate adaptation finance in Africa
09/15/2020
UBS makes sustainable investments the preferred solution for clients of its USD 2.6 trillion global wealth management business
UBS is the first major global financial institution to recommend sustainable over traditional solutions for private clients investing globally
09/13/2020
Mauritius must position itself as a sustainable finance hub for Africa
Rajnish Aubeeluck, Head of Global Banking, Standard Chartered Bank (Mauritius) explains how, through signing a partnership with the Government of Mauritius, Standard Chartered Bank will be developing a sustainable finance framework to help mobilise projec
08/31/2020
South Africa's Green Building Ethos In A Post-Pandemic World
Covid-19 has applied additional pressure on the need to focus on healthier buildings and sustainability
08/30/2020
Ghana Announces €35m Green Loan Backed By UK Export Finance
The framework of this initiative has been drawn from the Paris Agreement and SDG 13, which demands urgent action to combat climate change and its impact.
08/28/2020
Old Mutual Infrastructure Fund Urges S. Africa to Focus on Power
A further barrier comes in the way infrastructure projects have mostly been funded in South Africa, with banks providing almost all the money through project finance.
08/11/2020
Africa: AfDB scaling up climate financing
This climate financing represents 35% of the total 2019 approvals of projects worth US$ 10.2 billion, representing an increase of 0.3% over 2018 and 26% over 2016.