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Analysis: AI in Africa Opens up New Battlefront for China, US
The US and China are in a new race to shape the development, use and governance of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Standard Bank Mobilises Market First Debt Fund to Support up to $2 Billion Sustainable Infrastructure in Africa
Standard bank has committed to acre impact capital’s export finance fund I to support the financing of sustainable projects in Africa.
- Region
- Sub-Saharan Africa
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Analysis: How Impact Valuation Helps Companies Meet the Latest Sustainability Reporting Requirements
Impact valuation provides objective and quantitative insights and helps to inform the new demands of European sustainability reporting requirements.
- Categories
- Investing
- Region
- Global
- Tags
- data, ESG, global development, impact measurement, SDGs
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Analysis: China Is Extending Its Lead Over the US in Africa’s Energy Transition
China’s manufacturing “overcapacity,” fueled by government subsidies, is giving its companies an edge over the United States in Africa’s transition to green energy, analysts say.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: DFC and IDB Invest Expand the Americas Partnership Platform by Creating a New Co-Financing Framework to Promote Sustainable Development in Latin America and the Caribbean
The U.S. International Development Finance Corporation (DFC) and IDB Invest launched a new co-financing framework that furthers their collaboration to support high-impact development projects in Latin America and the Caribbean.
- Categories
- Finance
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Press Release: Global Verification Body Verra Certifies d.light’s Clean Cookstove Projects in Sub-Saharan Africa
Initiative to distribute 600,000 clean cookstoves in Kenya, Nigeria and Uganda is verified by leading certifier as a trusted source of high-quality carbon credits.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Private Business Alone Can’t Bring Energy to the Last Mile: Why Philanthropy Should Shift its Focus to Scalable Non-Profit Models
Africa is home to countless failed pay-as-you-go energy businesses that couldn't sustain themselves after their grant funding dried up. According to Aneri Pradhan at New Energy Nexus, this highlights the shortcomings of market-led approaches to last-mile energy access across the continent. She argues that philanthropic funding has largely failed to create sustainable energy businesses in these communities, as customers cannot afford clean energy at their current income levels. Instead, she encourages funders to support non-profit models that have proven their ability to reach these communities at scale.
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Cancellation of UN Climate Weeks Removes Platform for Worst-Hit Communities
The UNFCCC has said it will not hold regional climate weeks in 2024 due to a funding shortfall – which means less inclusion for developing-country voices.
- Categories
- Environment, Investing
- Region
- Global
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