03/20/2025
Nigeria: Firms unveil $500m fund for renewable energy
This will ensure more reliable and cost-effective power access for Nigerian homes and businesses.
ESG
03/19/2025
Central Africa: EIB reviews financing for $760mln hydro project over DRC war
There are already two smaller hydropower dams on the river. A fourth phase is also being contemplated
03/07/2025
UN urges Nigeria to adopt strong climate plan for economic growth
He underscored that bold climate action is essential to avoid the devastating effects of global warming while creating substantial human and economic benefits.
03/05/2025
Nedbank, Norfund acquire stake in SA’s Pele Energy
Wainwright said the transaction creates a platform for Pele to raise more funding.
02/13/2025
African Development Bank and Germany Announce Major Initiatives in Energy Access, Private Sector Development
The partnership will enhance support for the Bank Group’s energy access programs, focusing on implementing National Energy Compacts across member countries.
01/29/2025
African Development Bank and KPMG present new financing model to leverage Africa’s mineral wealth for accelerated energy transition
The report concludes by emphasizing the benefits of the new mechanism for both lenders and borrowers
01/17/2025
World Bank Sets Africa Terms to Win $40 Billion in Power Finance
Thirteen countries will present their plans at a head of state Mission 300 energy summit in Tanzania at the end of this month.
01/10/2025
Financial sustainable and generational wealth
It not only underpins national economic growth but also shapes socio-economic realities and lays the foundation for future generations to prosper.
12/31/2024
A major risk to the Reserve Bank
The South African Reserve Bank’s constitutional mandate suggests that the central bank’s role in ensuring environmental sustainability is indirect
12/03/2024
Climate shocks and the economy
Sustainable economic growth implies that an economy is growing continuously at its potential and avoiding boom and bust episodes
11/22/2024
Africa needs a climate action centred on people, not carbon
Zimbabwe, with per capita emissions of 0.9 metric tonnes, aims to reduce emissions by 40 percent by 2030
11/12/2024
Massive 120MW solar project launches in South Africa
Hnizdo said that the build is the first phase of a longer-term renewable energy commitment
10/25/2024
Environmental, Social and Governance Disclosure is Critical for Africa’s Sustainable Development -- AfDB VP Quaynor at Inaugural Africa ESG Forum
The forum aims to catalyze collaboration and knowledge sharing on ESG issues, paving the way for the establishment of a centralised Africa ESG Information Disclosure Hub and embedding ESG principles into the continent's development strategies.
10/24/2024
Environmental, Social and Governance Disclosure is Critical for Africa’s Sustainable Development
Nearly one hundred delegates attended physically with a further 400 online sharing insights
10/18/2024
Okonjo-Iweala seeks increased renewable energy production
She stressed the importance of renewable energy to counter climate change and called for responsible, circular approaches to using critical minerals.”
10/15/2024
Her strength, our climate
As climate change continues to redefine our world, the necessity for inclusive solutions becomes ever more evident.
10/11/2024
MoF launches first phase of green project
The second phase of the GFT which will introduce quantitative thresholds, tax exemptions and sector-based incentives is expected to commence by May next year
10/10/2024
Access Bank Launches Sustainable Finance Accelerator
The financial sector has a pivotal role to play in driving the transition to a low-carbon, inclusive economy.
10/09/2024
Dilemmas And Opportunities In African Climate Finance
Local and regional commercial banks, too, are gradually increasing their participation in green finance.
10/07/2024
Mauritania to regulates green hydrogen development with tax incentives
The holder of a licence to exploit green hydrogen is also entitled to build and operate a desalination plant to use seawater for the project.