Managers of Wealth Africa

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

African states lack funds to provide green energy

The shortage has reached acute levels in many of the 20 High Impact Countries across Africa and Asia with the largest access gaps that the reports track using the latest available data from 2018, including Angola, the Democratic Republic of Congo, Ethiopi

Nedbank comes out on top in ESG rating

The JSE Finance Sector constitutes 10 percent of the total market capitalisation of all JSE-listed companies, contributing 20 percent to gross domestic product and 15.6 percent to employment.

The Global Sustainable Competitiveness Index 2020

Country performance is commonly expressed in GDP – but GDP numbers fail to reflect the underlying elements that shape the development of a country.

Climate change - The low-carbon transition

These policy shifts will drive major changes in business across entire value chains from product design to production, distribution and recycling.

Kenya, Britain $11m climate change war chest ahead of Glasgow meeting

Kenya, a sustainable development powerhouse with an ambitious NDC target to reduce emissions by 30 per cent by 2030, had in earlier negotiations with UN Development Programme led by Resident Representative Walid Badawi, been challenged to set higher targe

ESG