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Tag: South Africa
South Africa is on the brink of a renewable energy revolution, with President Cyril Ramaphosa highlighting its potential to spur significant economic growth and job creation over the next decade...
Within just two years, the largest clean energy power plant of South Africa has emerged out of nothing on the vast wilderness in Northern Cape. It is the 100MW Redstone concentrated solar thermal...
By 2025 nearly half of South Africa’s population suffer from food insecurity, with 48.96% of the population potentially not having enough to eat. Provincially, Limpopo will suffer the worst food...
As South Africa continues to grapple with the pressing issue of load-shedding, BLUETTI, a leading clean energy storage company, has come forward with effective solutions to allow individuals and businesses...
To support the development of certified green buildings in South Africa, IFC announced a partnership with Absa Bank Limited to help the bank expand its residential and commercial loans and...
IFC is joining forces with the Banking Association South Africa (BASA) to help increase climate finance in the country and pave the way for a transition to a low carbon...
Fifty years ago, Plant Rosslyn was the BMW Group’s first foreign facility. It has since become a mainstay of the global production network. To mark its silver jubilee, Milan Nedeljković,...
Germany and South Africa on Tuesday agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa’s huge renewable resource potential to meet 2050...
During the visit of Prime Minister Mark Rutte from the Netherlands and Prime Minister Mette Frederiksen from Denmark to President Cyril Ramaphosa, a Heads of Agreement has been concluded with...
Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five...
As Team Europe, the EU and its Member States will invest more than €280 million in grants in South Africa, including €87.75 million from the EU budget, to support policy...
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...
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...
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...
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...
Hisense has joined forces with FIFA, through its Football for Schools programme, to help increase environmental awareness among children in South Africa. Football for Schools, a global programme to make football...
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...
Sasol Ltd and Germany’s Helmholtz-Zentrum Berlin (HZB) have agreed to conduct research into substances to help produce sustainable aviation fuel on a commercial scale, the South African company said on Tuesday....
South Africa’s government is still analysing details of a $8.5 billion financing package offered by rich Western nations last year to help the country shift away from coal, environment minister...
The World Bank (International Bank for Reconstruction and Development, IBRD) priced the Wildlife Conservation Bond (WCB) in support of South Africa’s efforts to conserve endangered species. Also known as the...
Anyone looking at Absa Group Ltd.’s 2021 earnings statement alone would have no inkling the South African lender had such a tumultuous year in the boardroom. The country’s third-largest bank saw...
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