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South Africa in Talks With Climate Backers Over Delaying Coal Plant Closures
Keeping the lights in a struggling economy while shutting down some old coal-fired plants supplying most of South Africa’s electricity needs has proven a tough task.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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ThriveAgric and Acorn Rabo Bank Join Forces to Generate $56 Million in Carbon Revenue for 30,000 Nigerian Farmers
Africa holds immense potential for carbon credits, yet it currently captures only 2% of its capacity.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Analysis: Anti-ESG Fever Shows Signs of Bending, Not Breaking (Yet)
Despite the legislative activity against ESG investing, the overall momentum is building in support of business and investment strategies that emphasize long-term thinking and sustainability over short-term profits.
- Categories
- Investing
- Region
- Global
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Climate Change Is Bringing Malaria to New Areas. In Africa, It Never Left
When a small number of cases of locally transmitted malaria were found in the United States last year, it was a reminder that climate change is reviving or migrating the threat of some diseases.
- Categories
- Environment
- Region
- Global
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BlackRock, Temasek Raise $1.4 Billion for Decarbonization-Focused Growth Fund
Since launch, the Decarbonization Team has grown to more than 25 members across offices in New York, San Francisco, Singapore, London, Paris and Houston.
- Region
- Global
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Report: Climate Change a Health Risk for 70% of World’s Workers, UN Warns
As average temperatures rise, heat illness is a growing safety and health concern for workers throughout the world, including in the U.S.
- Categories
- Uncategorized
- Region
- Global
