Category: ENVIRONMENT

Masdar, Africa50 align efforts to hasten clean energy transition across Africa

Africa50 and Masdar will also explore opportunities to collaborate on the implementation of the Alliance for Green Infrastructure in Africa Abu Dhabi-based Masdar has announced a partnership with Africa50, the pan-African infrastructure investment platform. The clean energy giant will identify, drive and scale clean energy projects across the continent. The UAE’s clean energy leader and Africa50 have signed a memorandum of understanding (MoU), which will work to bridge the infrastructure funding gap and mobilise public and private finance. The agreement will see both parties work collaboratively to catalyse sustainable development…

African Leaders Advocate Global Carbon Taxes to Finance Climate Change Mitigation

African leaders have proposed new global taxes and reforms to international financial institutions to fund climate change action in a declaration following the Africa Climate Summit in Kenya. The Nairobi Declaration focuses on mobilizing financing to adapt to extreme weather, conserve natural resources, and develop renewable energy in Africa, which currently receives only 12% of the financing it needs to cope with climate change. The declaration calls for major polluters and global financial institutions to commit more resources to help poorer nations and suggests a global carbon taxation regime, including…

African Sustainable Mining Piques Interest of Global Players

CAPE TOWN, South Africa, September 5, 2023/ — In the wake of the global energy transition, mining companies have come under pressure to adopt sustainable business practices and employ low-carbon technologies in order to mitigate adverse environmental impacts. Private- and public-sector led mining activities across Africa have begun to prioritize sustainable techniques to promote environmental sustainability, social responsibility, and good business practices. In turn, the sustainable mining industry has become an increasingly attractive investment opportunity for global players seeking to enhance their returns on investment while spearheading climate protection and…

Hunger Projections in Mauritania, Sahel Region Alarming!!!

DREF Operation Final Report Reveals ,,,,,,,As Climate Change Impact Cited Story: Mohammed A. Abu The International Federation of Red Cross Societies(IRFC) in its sixteen-page Disaster Response Emergency Fund(DREF) Operation-Final Report on Mauritania Food Insecurity, has noted that, the food crisis and hunger projections in the Sahel have become increasingly alarming over the past decade in all Sahelian countries, including Mauritania. According to the projected situation for the next lean season (June-July-August 2023): five (5) wilayas(regions) are projected to be classified in the “Pressure” phase (IPC 2), namely Nouakchott, Nouadhibou, Adrar,…

Afrobeats’ Star Ruger to Perform at African Energy Week’s (AEW) Just Energy Transition Concert with a Call to Make Energy Poverty History

It is with immense excitement that the African Energy Chamber reveals Ruger as one of the esteemed performers for the forthcoming Just Energy Transition Concert JOHANNESBURG, South Africa, August 17, 2023/ — In anticipation of Africa’s premier energy event, African Energy Week (AEW) 2023, the African Energy Chamber (AEC) (www.EnergyChamber.org) is thrilled to introduce Ruger as a headline artist for the Just Energy Transition Concert on October 16, 2023, at Cape Town’s Cabo Beach Club. This exciting concert blends music and the energy sector, uniting individuals from diverse fields to…

First-ever ESG executive education programme for hospitality sector leaders 

LONDON,United Kingdom,2nd August 2023-King’s Business School and the hospitality sector’s Energy and Environment Alliance (EEA) are launching an executive education programme developed with input from the industry’s leaders to help them to embed Environmental, Social and Governance (ESG) measures in their businesses. The programme was developed through discussion with over 40 senior hospitality leaders who emphasised the role of COVID and recent energy price spikes, alongside the new IFRS® Sustainability Disclosure Standards, in providing both an impetus and an opportunity to accelerate progress on environmental measures ahead of the commitment made…

EEA Responds as ISSB makes Climate Risk Disclosure Mandatory for Hospitality Sector

Story: Mohammed Abu, Accra. The London, UK based Energy & Environment Alliance (EEA) has lauded, the issuance of the inaugural standards, IFRSS S1 and IFRS S2 yesterday by the International Sustainability Standards Board(ISSB) while also noting that, this moment marks the beginning of a new era in which sustainability action and disclosure is no longer voluntary but now mandatory. IFRS S1 provides a set of disclosure requirements designed to enable companies to communicate to investors about the sustainability-related risks and opportunities they face over the short, medium and long term.  IFRS…

Investing in Africa Conference & Expo 2023 Gets Set

Now in its 10th year, AFSIC – Investing in Africa is set to host another world-class gathering of Africa-focused businesses, dealmakers and investors to discover and execute investment deals, network and share insights in London on 9-10th October 2023. IFC, Accion, Verdant Capital, RMB, Old Mutual, Citibank and more than 120 speakers are confirmed to present exceptional content in a highly structured, multi-stream programme which includes focused sessions on Banking, Informed Investing, Building, Fintech Innovation, Sustainable Growth, Agriculture and Power. The highly popular country investment summits led by in-country experts…

Global fintech giant invests in sustainable communities in West and Southern Africa 

Having pioneered the development of online trading and digital investment solutions 22 years ago, global fintech company Admirals is today considered a market-leading provider of an innovative range of online trading and investment products.   The Admirals suite of products includes leveraged Contracts for Difference (CFD) products in the over-the-counter market, including Forex, indices, commodities, digital currencies, stocks, and ETFs, as well as listed instruments to retail, professional, and institutional clients.  The company is steadily increasing its footprint in Africa, having opened its first African office in Cape Town, South Africa…

World Environment Day: Host Cote d’Ivoire, Africa Development Bank urge collective action to end plastic pollution

The Bank co-organized this year’s commemoration event with the Ivorian Ministry of Environment and Sustainable Development, the United Nations Environment Programme (UNEP), and the Netherlands   ABIDJAN, Ivory Coast, June 9, 2023/ — Cote d’Ivoire hosted the 50th anniversary of World Environment Day (https://apo-opa.info/3MYYnjN) on the 5th of June 2023, with the African Development Bank (www.AfDB.org) as a core partner for the annual event. The Bank co-organized this year’s commemoration event with the Ivorian Ministry of Environment and Sustainable Development, the United Nations Environment Programme (UNEP), and the Netherlands. Under the theme, ‘Solutions to…