Managers of Wealth Africa

What’s Next for ESG?

During the past five years, the investment decisions and priorities of managers and advisors over the wealth and investment industry have evolved significantly.

South Africa says $750bn a year needed for climate goals

The goal is significantly higher than the $100 billion per year that was set for 2020,

Africa’s green superpower: why Gabon wants markets to help tackle climate change

Ahead of a key UN summit, the idea of ‘natural capital’ is gaining ground as a tool to avert environmental catastrophe

Sustainable investments account for more than a third of global assets

The report also includes money invested using a process that assesses the risk and return impact of issues, such as climate change, even if the strategy's mandate does not have a formal, explicit sustainability focus, so-called 'ESG integration&

Africa’s best bank for sustainable finance 2021: Nedbank

By 2050, all its lending and investment will support a net-zero carbon economy.

The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding

The Fund responded swiftly to the onset of the pandemic by launching its COVID-19 Off-Grid Recovery Platform to extend recovery capital to energy access businesses.

MDBs’ climate finance rose to $66 billion in 2020, joint report shows

Multilateral development banks enhance cooperation on reporting climate finance

Standard Chartered Launches Sustainable Supply Chain Benchmarking Tool

The issues exposed by COVID-19 have prompted companies to rethink their supply chains, as the world looks to build back a more sustainable global economy.

Path to Net Zero Riddled with Potential Pitfalls

This is the first in a series of thought leadership pieces on net zero that S&P Global is releasing in conjunction with Earth Day.

How Kenyans are resisting one of the largest development projects in East Africa

After making little progress on their own, climate justice organizers in Kenya came together with youth, farmers and women to fight for sustainable development.

Absa Bank joins Ghana’s 5 million tree planting initiative

Commenting on the Green Ghana project, Cyril Nai, Head of Marketing and Communication at Absa Bank Ghana, said the bank will continue to be a force for good in society by championing and supporting initiatives to ensure a sustainable and brighter future f

South Africa Is Identifying Projects to Fund With Green Bonds

South Africa has been criticized for its slow pace in seeking funding from investors keen to back sustainable and climate-friendly development

The race to net-zero: why it matters

The economic framework in which we have operated for decades is becoming obsolete.

Morgan Stanley Announces Inaugural Winners of the Sustainable Solutions Award and Collaborative

Five breakthrough innovations from across Africa, Southeast Asia, Europe and North America will each receive a $250,000 award and participate in a strategic new collaborative to focus on systemic solutions to complex sustainability challenges.

Firm Launches Climate Change Initiative

It further explained that the site gives kids the chance to make a difference themselves through daily challenges, designed to inspire and motivate them to make changes at home, at school, and in their local communities.

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