Managers of Wealth Africa

Providing Timely ESG Information Is Becoming More Crucial for CFOs

Analysts and investors rely on data when evaluating a company’s outlook, creditworthiness

South Africa: DBSA launches green bond for climate projects

The South African bank also intends to use this mechanism to increase its climate finance tenfold.

West African Development Bank issues first sustainability bond

The issue is part of a “Sustainability Bond Framework”, calling on BOAD to finance projects with a high social and environmental impact.

African Development Bank assists West African countries to deliver carbon emission reductions and meet their Paris Agreement commitments

The Bank will underwrite the preparation of concept notes exploring the use of internationally transferable mitigation outcomes (ITMOs) in selected West African countries

Walkers Advises Again On Receivables Financing For Off-Grid Solar Energy Project in Kenya

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

Better use of energy taxes could strengthen developing country finances while cutting pollution

The OECD will publish Effective Carbon Rates 2021

Dealing with the effects of climate change through climate adaptation

EBRD joins call for more reporting of climate risk

Renewable energy critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity

The panel covered discussion of British innovation and experience in the context of partnering with Africa to advance its economic development

Nigeria needs $4b for renewable energy

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.

Enel teams up with Qatar wealth fund on Africa green energy projects

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.

AfDB boosts investments in green mini grids via SEFA

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).

IFC extends $200m loan to Nedbank to increase renewable energy financing

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.

The ADB and Green Growth Knowledge Platform Join Forces

Natural capital is the stock of renewable and non-renewable natural resources, such as plants, animals, air, water, soils and minerals

Germany, Sweden, others donate $90million towards sustainable energy fund for Africa – AfD

AfDB has announced a new $90million donation from Germany, Sweden, others for sustainable energy in Africa.

South Africa’s Biggest Energy Refinancing Deal Cuts Power Costs

Eskom, South Africa pushing for lower renewable energy prices

Beyond ‘net zero’

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.

Climate change and emerging markets after Covid-19

Emerging economies are much more vulnerable to rising global temperatures than their advanced counterparts.

S. Africa's Standard Bank won't fund new coal power plants, but sticks with coal mining Author of the article:

The bank justified its continuing financing of thermal coal extraction by saying most of Africa’s electricity is still generated by burning coal.

S.African insurer Sanlam sees challenging environment ahead

The company said HEPS rose by 4% for the 10 months ending Oct. 31, with the operating environment improving since June as governments eased coronavirus curbs, supporting sales from Sanlam’s traditional life insurance distribution channels.

IRENA and African Development Bank partner to scale up renewables investments in Africa

The Bank's partnership with IRENA will support Africa's energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030." - Bank VP Kevin Kariuki