The European Union has announced a major investment of €4.7 billion in South Africa. This money will be used to support the country’s transition to green energy and boost vaccine …
CLIMATE CHANGE
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EconomyEnvironmentPoliticsTrade and Commerce
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AfricaBusinessEnergyFinance & Services
Standard Bank almost doubles sustainable finance commitments to R450 billion
Standard Bank Group, Africa’s biggest bank by assets, has raised its sustainable finance targets by 80% to R450 billion in the next three years. This move is part of the …
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EconomyEnergyFinance & ServicesSouth Africa
South Africa talking with more countries to end reliance on coal
South Africa, having secured $8.5 billion (R146.83 billion) in climate finance from some of the world’s richest countries, is in talks with additional nations to help it cut reliance on …
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The Federal Government has said Nigeria will require $1.9trn or N834trn to attain net zero by 2060 as part of its support to the global fight against climate change and …
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BusinessEconomyFinance & ServicesKenya News
KEPSA launches a strategy For The Implementation Of Business Climate Change Solutions
The Kenya Private Sector Alliance (KEPSA) has launched a strategy that aims to promote coordinated and inclusive business climate change solutions across the sector. The Kenya Private Sector Strategy On …
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AgricultureBusinessEconomyKenya News
Tea farmers Face Losses As Climate Change Starts To Take Course in Kenya
James Maina, a tea farmer in Muranga county in Kenya is a distraught man. Maina has been a farmer since the 1990s, his farm has earned him enough to school …
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BusinessEconomyFinance & ServicesKenya News
Kenya’s Retail Investors Can help to crack Financing For ESG Objectives
Retail traders in the country have a great potential to crack financing for Environmental, Social and Governance (ESG) objectives and priorities if some hindrances are resolved, a report by Standard …
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AfricaEconomyEgyptGlobal NewsNewsNorth AfricaSouthern Africa
As COP27 looms, Africa receives a 10th of climate financing it needs
As the international climate community prepares for COP27 in Sharm el-Sheikh, Egypt, new analysis shows just how far off their host continent is in terms of attracting the finance it …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness
AfDB receives $5 million grant to tackle methane emissions
The United States government has announced it will provide a US$5 million grant to the African Development Bank (AfDB) to support efforts to abate methane gas emission, across Africa. Methane …
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Banking, Finance & InvestmentBusinessEastern Africa
KCB and IFC partner to Finance Climate Change Efforts in Kenya
KCB Bank Kenya has secured a Sh18billion loan from the International Finance Corporation (IFC) that will boost the lender’s support for businesses that address climate change. Through the partnership, IFC …