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ESG

05/22/2023

Egypt: African Development Bank approves $345 million in partial credit guarantees to bolster funding for green and social initiatives

The Bank Group’s partial credit guarantee will allow Egypt to raise the equivalent of $500 million in the Panda Bond market, which are bonds denominated in Chinese yuan issued by foreign borrowers.

05/18/2023

Good news for solar users in Cape Town

In theory, the addition of solar panels to a property should increase its value, but that trend is yet to be observed.

05/05/2023

Considering solar? This is why your roof direction matters

In South Africa, the ideal roof direction for solar panels is generally north-facing.

05/05/2023

Africa intensifies energy transition efforts amid climate change concerns

Africa’s energy transition topped the agenda at the recently held Nigeria International Energy Summit in Abuja.

05/04/2023

African Development Bank-supported Cameroonian start-up provides low-cost greenhouses, sustainable solutions to boost livelihoods

Tackling climate change is an urgent global priority and perhaps more critical in Africa.

05/04/2023

How much solar can boost property prices in South Africa

Green features – including alternative power supplies – ranked in the top five of a recent Lightstone Estate Agent Survey of what buyers desire in new homes.

04/27/2023

JTC Employees Help Select Reforestation Projects to Support Net-Zero Drive

JTC pledged to become a Carbon Neutral+ organization in 2020

04/27/2023

Africa Development Bank Group: a world leader in commitments to climate finance

This includes a climate policy and long-term strategy, covering 2021 to 2030, together with a Third Action Plan for 2021-2025.

04/27/2023

One of South Africa’s biggest banks commits to electric vehicles

WesBank CEO Ghana Msibi said that the company acknowledged that the shift towards decarbonisation was not solely linked to vehicle finance or finance in general.

04/25/2023

Flexible power technologies will make Africa’s energy leapfrogging a reality

This new power generation paradigm is, in many ways, a perfect fit for Africa

04/21/2023

The countries offering $8.5 billion for South Africa’s move away from coal want answers

The Just Energy Transition Partnership between South Africa and funding partners — the US, the UK, Germany, France and the European Union

03/30/2023

Major renewables project comes to the Eastern Cape

It was initially developed by JUWI and bid by Red Rocket in the fifth round of the government’s renewable energy independent power producers procurement programme (REI4P).

03/23/2023

RMB makes big push into renewables and private energy

Both RMB and Remgro said that they are committed to investing in the private power market to unlock South Africa’s natural renewable resource potential.

03/21/2023

UAE’s Masdar, Egypt’s Infinity JV buy full stake in Africa’s Lekela Power

The transaction makes Infinity Power Africa’s largest pure-play renewable power company

03/21/2023

Warning over rooftop solar for complexes and estates in South Africa

Others are not keen to take on the insurance themselves, leaving it the responsibility of individual owners to get insured.

03/13/2023

FirstBank Commits to Creating Enabling Environment for Women

Whilst stressing the need for corporate executives to encourage girls and women to embrace opportunities in the Science, Technology, Engineering and Mathematics (STEM) education

03/13/2023

South Africa’s climate change performance vs the world in 2023

The countries are evaluated using 14 indicators and given a score out of 100, where the higher the score, the better, under four categories

03/03/2023

Massive R2.7 billion solar plant coming to the Eastern Cape

“We cannot simply rely on Eskom,” he said.

03/02/2023

EIB to grant Kenya Sh244m for hydrogen projects

“Development of green hydrogen in Kenya has the potential to enable 100 percent of Kenya’s energy needs to be supplied by clean power,” said Chirchir.

02/28/2023

One of South Africa’s biggest banks is betting big on solar

The group has financed more than 4GWs of projects to date.

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