03/25/2021
The AGIIB initially seeks to raise $3bn-$5bn from African institutional investors and governments and mobilize approximately $20bn from G7 and G20 investment partners.
02/23/2021
The acquisition forms part of a joint transaction with Sturdee Energy Namibia, which has acquired a minority stake in the plant.
02/09/2021
Analysts and investors rely on data when evaluating a company’s outlook, creditworthiness
02/09/2021
The South African bank also intends to use this mechanism to increase its climate finance tenfold.
02/09/2021
The issue is part of a “Sustainability Bond Framework”, calling on BOAD to finance projects with a high social and environmental impact.
02/09/2021
The Bank will underwrite the preparation of concept notes exploring the use of internationally transferable mitigation outcomes (ITMOs) in selected West African countries
01/26/2021
Due to the success of the structure, Norfund the Norwegian Investment Fund for Developing Countries have agreed to become a co-senior lender and to provide BLK1 with USD 15 million of additional senior debt which will enable the expansion of the receivabl
01/26/2021
The OECD will publish Effective Carbon Rates 2021
01/25/2021
EBRD joins call for more reporting of climate risk
01/21/2021
The panel covered discussion of British innovation and experience in the context of partnering with Africa to advance its economic development
01/15/2021
He stated that clean and renewable energy was the way to go for sustained power sector reforms in the country to hand over a prestigious legacy in the power sector for successive governments.
01/08/2021
QIA, one of the world’s biggest sovereign wealth funds, has stopped investing in fossil fuel companies and is focusing increasingly on the development of green technologies.
01/05/2021
The board of directors of the African Development Bank (AfDB) has approved $7 million to boost investment in green mini grids in Africa. This funding is being committed through the Sustainable Energy Facility for Africa (SEFA).
01/05/2021
South Africa has set the goals of reducing GHG emissions by 42% by 2025 and diversify its electricity production to reduce its reliance on coal-fired power by 2050.
12/23/2020
Natural capital is the stock of renewable and non-renewable natural resources, such as plants, animals, air, water, soils and minerals
12/17/2020
AfDB has announced a new $90million donation from Germany, Sweden, others for sustainable energy in Africa.
12/16/2020
Eskom, South Africa pushing for lower renewable energy prices
12/16/2020
It’s a sobering reminder that, five years after the landmark Paris Agreement on climate change was signed, we’re still worse off than we were back then, and our chances of reversing course keep getting slimmer.
12/14/2020
Emerging economies are much more vulnerable to rising global temperatures than their advanced counterparts.
12/11/2020
The bank justified its continuing financing of thermal coal extraction by saying most of Africa’s electricity is still generated by burning coal.