09/09/2022
A new report signals progress on African countries’ efforts toward readiness for green growth
Kenya, Morocco and Tunisia have incorporated into their constitutions rights to a clean and safe environment
ESG
09/09/2022
Creative climate finance in Africa
Climate projects remain underfunded as extreme weather events become more frequent
09/08/2022
IFC, KCB Partnership to Boost Access to Climate Finance in Kenya
Through the partnership, IFC will support the bank to develop a climate finance strategy and build its capacity for climate risk assessment and reporting.
09/07/2022
Why banking regulators are sweating under climate stress tests
The CBK has asked lenders to put in place governance, oversight and risk management strategies to prepare the industry to face the growing climate-related risks.
09/06/2022
World climate leaders to participate in Egypt-ICF to tackle climate change in Africa
The second edition of the Egypt-ICF Forum is being held ahead of the UN Conference of Parties on Climate Change (COP27) under the theme of moving from pledges to implementation
08/29/2022
Africa’s renewable energy resources offer huge investment opportunities for Japanese business – Dr Akinwumi Adesina
Adesina commended the Japanese government and private sector for their strong support to Africa’s development.
08/16/2022
Coal miner Seriti to acquire Windlab's African business
More specifically, Windlab is selling its 100% interest in Windlab South Africa and a 75% stake in Windlab East Africa, together referred to as Windlab Africa.
08/16/2022
Climate-friendly alternatives will benefit Africa more than natural gas
A wave of new evidence suggests that gas exploitation will not bring the expected long-term economic and development benefits for the continent.
08/16/2022
South Africa's 'silent revolution' as those with cash go solar
As a worsening power crisis hobbles Africa's most industrialised economy, provoking public ire, President Cyril Ramaphosa has promised to cut through red tape to boost coal-addicted South Africa's use of renewable energy.
08/11/2022
African Development Bank and partners discuss Africa’s potential to leverage green minerals for the energy transition
All of these are essential for building the global green economy of the future and they also comprise new market opportunities for net-zero transitions.
07/29/2022
FCMB Group posts 73.2% profit, leverages renewable energy
It noted that these were the highlights of the group’s unaudited half-year results released on the floor of the Nigerian Exchange Limited on Tuesday, July 26, 2022, in Lagos.
07/26/2022
Rethink development climate finance to get to net zero, African Development Bank DG says at OPEC Fund Development Forum
The inaugural forum, which took place in Vienna, Austria, on 22 June, brought together governments, development institutions, private sector partners, and other stakeholders around its theme
07/20/2022
Emerging Africa Group launches solar-powered campus
Sanni, talking about the campus, said, the need to do business in a suitable operational base birthed the solar-powered Emerging Africa campus.
06/29/2022
Firm calls for regulation of substance to protect environment
Government in Africa, especially Nigeria, needs to take proactive measures such as implementing new regulations to ban the use of SF6 Gas in switchgear production.
06/21/2022
Egypt and the African Development Bank discuss Africa’s climate agenda ahead of crucial ‘African COP’
The parties also discussed how best the Bank can generally support Egypt, one of the institution’s major shareholders.
06/20/2022
African Ministers of Finance, Economy, Environment to discuss financing and climate issues
Maait said that Egypt will adopt initiatives and ideas to present to African ministers in this meeting
06/17/2022
Standard Chartered Partners UNECA, FSD to Accelerate Sustainability Commitment in Africa
The ultimate aim of ANCA is to help grow and protect Africa’s natural capital by shifting financial flows from destructive activities for short-term gain to long-term stewardship of nature for sustainable economic growth.
06/03/2022
UAE-Egypt consortium set to buy African renewables firm Lekela
The deal would give Masdar, its first foothold in southern Africa, expected by analysts and bankers to be the next major hub of renewables development after Asia considering the many hours of sunlight, even during winter
06/03/2022
Ramaphosa fires back at former spy boss over ‘disinformation’
The president dismissed as baseless allegations a criminal complaint opened by former spy boss, suggesting it was a smear campaign
06/01/2022
Sustainably powering Africa’s development
The first article of this edition of Africa Focus covers "Transitioning from coal to renewables in Africa." Looking at options for development across the continent, it considers the role of gas in Africa's energy transition.