COP 27 -Daily Updates

Day 10-  Climate and Biodiversity: The 1.5°C window. The 10th day of the COP27 forum, themed…

126,000 Tons of Carbon Emissions Reduced in Rwanda

Rwanda has cut 126,000 tonnes of carbon emissions over the last nine years due to strategic…

Wärtsilä Reports Roadmap to Africa’s Clean Energy Future Ahead of COP27

Developed nations can leapfrog by not embedding inflexible fossil fuel-based systems. South Africa can solve its…

AfDB Plans $1.5bn Green Facility To Meet Demand In Africa

AFDB to set up a $1.5 billion green finance facility. The fund aims to encourage investment…

How is Africa Evolving in the Global Energy Transition – IEA Reports

Africa accounts for fewer than 3% of the world’s energy‐related greenhouse emissions. However, the continent is…

IFC Approves $30m Loan for Waste Recycling to Averda

Averda receives a loan facility from the World Bank Group’s subsidiary. The loan will cover the…

All On Signs Carbon Credits Deal with Solstroem

All On, Solstroem to finance platform for Carbon Credits. The firm is creating an opportunity for…

Scatec Sponsors 6 Power Plants in Egypt

The plants will be refinanced under the green project bond. The plants will have a combined…

Standard Bank to Invest $17billion in Green Energy by 2026

Standard Bank plans to invest R250 billion in South Africa’s green energy by 2026. Standard Bank…

Norfund, CDC to provide R600m for Clean Energy Development in South Africa

Norfund and CDC will finance clean climate and energy projects in South Africa. South Africa targets…