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The High Ambition Coalition organized the session titled, Putting good quality adaptation finance in the spotlight at COP27 Germany has committed €40 million to the African Development Bank Group’s Climate...
This new bilateral loan facility from KDB will support mid-term liquidity as AFC works to deliver fast and sustainable solutions to close Africa’s infrastructure gap and unleash the continent’s prosperity...
The EIB is partnering with the citizen-engagement platforms on a focus group project asking 100 young people about their concerns around some of the major challenges facing the world today...
The project will directly benefit public institutions responsible for the pharmaceutical industry’s development The Board of Directors of the African Development Fund, the concessional lending arm of the African Development...
At COP27 in Sharm El Sheikh, Vice-President Ambroise Fayolle of the European Investment Bank and CEO Patrick Dlamini of the Development Bank of Southern Africa formally agreed EIB financing in...
The Alliance’s mission is to raise significant capital to accelerate Africa’s just and equitable transition to Net Zero emissions Alliance to raise up to $500 million of early-stage project preparation...
South Africa on Thursday released the terms of two climate loans for a combined 600 million euros ($596.7 million) from French and German development banks, saying they were substantially cheaper...
Nestlé has decided to partner with the Africa Food Prize to support its long-standing efforts to transform agriculture in the region. Like Nestlé, the Africa Food Prize aims to expand...
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...
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