Managers of Wealth Africa

Nigeria committed to balanced energy transition - Tinubu

The Minister also said Moody’s positive outlook rating follows the recent announcement of the World Bank’s $2.25 billion financing package for Nigeria

Clean energy FDI boosts sustainability momentum in Africa: UNCTAD

During the year, the estimated value of international project finance deals in African nations declined by 50% to $64 billion. This follows a 20% drop in 2022

Union Bank Canvasses for Sustainable Environmental Practices.

This clarion call was made during an event organised in partnership with the Nigerian Conservation Foundation to commemorate this year’s World Environment Day.

Africa needs $240bln funding by 2030 to meet vital energy needs: IEA

Clean Energy Investment for Development in Africa lays out the opportunities and challenges of accelerating the sustainable development of Africa’s energy infrastructure

New R18 billion ‘city’ in South Africa gets the green light

The commission believes that the proposed transaction is unlikely to lessen or prevent competition in the market and recommended that the Tribunal unconditionally approve it.

How Banks Are Leading The Way In Green Energy Transition

Banks must plan, execute, and track ESG goals to maintain long-term sustainability and access global funding lines that require clean energy compliance.

Ghana told to industrialise before investing in solar andother renewables

Mr Amoako-Baah said the country required “conventional plants” as baseload to guarantee reliable supply of power for industries.

China could drive Africa's renewable energy revolution, report says

Beijing has emerged as the continent's biggest bilateral trading partner since the start of the century and has financed billions of dollars worth of large-scale infrastructure projects

Austrian expertise in renewable energy could benefit Africa

The meeting was attended by the Bank Group’s Executive Director for Austria, Japan, Saudi Arabia, Brazil and Argentina Takaaki Nomoto.

Firm offers six simple climate solutions for Nigeria

Interestingly, in 2023, some of the States in Nigeria were involved in tree-planting initiatives

Electricity needs in Africa require infrastructure investment

The ECA has therefore been working with African countries to enhance their PPPs for infrastructure development and industrialisation.

South African solar startup raises R150 million in funding

South Africa has been facing a crippling energy crisis, as issues at state-owned power utility Eskom have caused the country to face daily blackouts.

German fund offers Sh42bn grant for Africa hydrogen projects

Green hydrogen derivatives include green ammonia used as a feedstock for fertiliser production or as an energy carrier

CaixaBank, leading bank on Sustainable Finance in EMEA in 2023, according to the Refinitiv ranking

Sustainability is a pillar of CaixaBank’s 2022-24 Strategic Plan.

From Billionaire Businessman to Africa's 'Green Czar'

This marks a significant departure from his origins in oil and gas, spotlighting a future where Africa's vast mineral wealth underpins the worldwide shift to renewable energy and sustainable technologies.

Massive solar rollout in South Africa

The bounce-back scheme came into effect in 2023, designed to help small businesses and consumers access financing for energy solutions.

Construction of South Africa’s biggest wind farm underway – bringing with it over 800 jobs

While grid capacity is saturated in many parts of the country, the coal-rich province of Mpumalanga has a surplus of connections that can be exploited by the mining sector.

UK & African Development Bank Award Kenya Ksh 9.3B Climate Change Loan

The two organisations explained that the funds would enable the government to address existing gaps in energy transmission and achieve universal electricity access.

Sanlam Investments backs South Africa's green hydrogen strategy

This follows the recent approval of the country’s Green Hydrogen Commercialisation Strategy (GHCS) made in the last quarter of 2023 by the South African cabinet

South Africa backs global climate deal to kiss fossil fuels goodbye

This is a five-year rotational process that appraises progress countries have made towards meeting their climate targets.