The UK was to grant £200m to the AfDB Group’s Climate Action Window, a new mechanism to channel climate finance The United Kingdom has announced a significant increase in its...
Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank. One of the...
Bank of America and CrossBoundary Energy are exploring opportunities with development finance institutions to structure a blended finance loan facility that will support CrossBoundary’s efforts to scale commercial and industrial...
The UK government will provide new funding to help Nigerian farmers adapt to the impact of climate change while improving productivity in Africa’s most populous country. The UK government is...
QNB Alahli participates in COP 27 hosted by Egypt in Sharm El Sheikh QNB Group, the largest financial institution in the Middle East and Africa, announced its participation in the 27th session of the United Nations Conference on Climate...
The World Bank Group Board of Executive Directors approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using renewables and batteries. The project...
The governing board of the Climate Investment Funds, one of the world’s largest multilateral funds for climate action in developing countries, endorsed new investment plans set to allocate $1 billion...
The Norwegian, British and Finnish development finance arms have put $200 million into an African forestry fund, the organisations said on Wednesday, as part of a plan to invest in...
Standard arranges largest African sustainability linked deal Grit’s debt refinancing targets include gender equality Grit Real Estate Income Group Ltd. is raising as much as $306 million in a sustainability linked...
Sasol and ArcelorMittal South Africa have announced a partnership to develop carbon capture technology to produce sustainable fuels and chemicals, and green steel production through green hydrogen and derivatives. Under...
A growing number of African countries has introduced financial market policies related to environmental, social or governance issues, a study said on Thursday, as a global push to invest more...
Funds will bolster Rwanda’s defenses against climate change Rwanda also agrees to 36-month policy coordination instrument The International Monetary Fund agreed to lend Rwanda about $310 million under a new tool intended...
Possible model for other emerging nations Funds would mostly consist of concessional loans from leading nations Negotiators are racing to finalize terms ahead of COP27 beginning on Nov. 6 in...
CYNK will begin trade in Tamuwa biomass tokens this quarter CYNK plans regenerative agriculture, blue carbon credits Africa’s first verifiable emissions reduction platform, which uses a public decentralized ledger to...
ClimeCo, a leader in the management and development of environmental commodities, has partnered with Enaleia to remove plastic pollution from vital fishing areas. Enaleia is a non-profit that engages coastal communities to...
Sasol and ITOCHU Corporation have signed a MoU to jointly study and develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel...
Additional energy efficiency initiatives aim to maximise efforts to reduce the company’s reliance on the national grid and minimise impact on the environment Tiger Brands will soon begin rolling out...