Managers of Wealth Africa

FirstRand commits to disclosing fossil fuel exposure

Pressure is growing on South African companies to take action on climate change in a country that generates almost all of its electricity from coal.

Climatescope 2019 by BloombergNEF

Rapidly growing nations that today are just as rapidly expanding their carbon footprints must reach net zero emissions by 2050.

How green bonds in capital markets create depth for real estate

Closer home, the pursuit of climate change adaptation estimated at Sh2.3 trillion ($20-30 billion) annually over the next 10 to 20 years according to Kenya’s Green Economy Strategy and Implementation Plan (GESIP) is urgent.

Stanbic Bank Botswana parent – Standard Bank, structures East Africa’s first ever green bond

Acorn is an established property developer in Kenya and has put its weight behind iconic buildings across the region, including the Coca-Cola and Deloitte regional head offices in Nairobi.

Water risks should be incorporated into investment processes

The report also identified a number of water risks which may be ignored by investors but which should be brought into processes.

Trade and Development Bank, UNEP to collaborate on climate finance

In the field of clean energy finance, TDB and UNEP will work to enhance investment opportunities for both public and private finance to support the dissemination of clean energy technologies.

Morocco Leads African Coalition for ‘Smart Climate’ Ahead of COP 25

The continentally and globally acknowledged performances—and expertise—of the OCP group have emboldened Morocco in its desire to take the driver’s seat on sustainability issues in Africa.

Ignore sustainable investment at your own Peril

There is growing recognition that a narrow focus on financial metrics for short-term gain against the backdrop of a rapidly changing world is simply careless, and ultimately damaging to returns.

Multi-donor fund converts to concessional finance facility

The African Development Bank’s Board of Governors has approved the conversion of the Bank-administered multi-donor trust fund Sustainable Energy Fund for Africa (SEFA) into a ‘special fund’

SA needs 5 000 new wind turbines - and time is tight

This is in addition to the 1 362 MW of capacity that has already been contracted for between 2019 and 2021.

MarketAxess Raises Funds for Emerging Market Communities

"We’ve raised nearly $2 million across the last seventeen years and remain deeply committed to the quality of life in emerging market countries.”

International agencies donate funds for conservation of Kaya forests

The sacred Kaya forests are part of the Eastern African Coastal Forests Eco Region recognized for their global importance

Small Steps are not Enough

Multi-lateral Development Banks need to make a step change on climate action and clean energy access

There’s never been a better time to invest in a better world, says Sanlam Investments

Sanlam Investments believes new times demand new ways of thinking

African financial centres step up efforts on green and sustainable finance

The will and the knowledge exist to turn things around.

African Development Bank, Climate Investment Funds and the Coalition for Green Capital to develop Green financing instruments for Africa

Green Banks and National Climate Change Funds can play an important role in mobilizing finance to support low-carbon, climate-resilient development

ADB, CGC to develop Green financing instruments for Africa

Countries can mobilize funds from diaspora, national financial institutions, private investors, asset managers, sovereign wealth funds, and more.

AfDB commits US$12,5bn to climate change

The bank said Dr Adesina told members of the Global Commission on Adaptation during a climate adaptation summit on the sidelines of the UN General Assembly that many African countries were facing extreme weather patterns, and needed urgent interventions h

Africa’s Mineral Wealth May Just have to Stay in the Ground to Protect a Changing Climate

Ushie told IPS stranding is an increasingly important policy issue that African countries should consider because they are highly dependent on natural resources, with an average 70 percent of their exports being minerals.

How are banks doing on sustainable finance commitments? Not good enough

World Resources Institute’s new Green Targets Tool shows that only 24 of the 50 largest private-sector banks have made a sustainable finance commitment — and the targets vary considerably.

ESG