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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

EIB

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Background
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Business / Economics

EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses

      The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […]

todayMay 29, 2024 14

green bonds
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Africa

African nations are increasingly favouring green bonds over emissions trading to power their transition to green energy.

By Conrad Onyango, bird story agency African countries are now favouring raising funds for projects that have positive climate and sustainability outcomes over emissions trading as green bond issuances soar across the continent. While legislative plans to regulate the sale of carbon credits are proliferating the continent, this race has been beset by controversies, with critics claiming it allows companies to continue polluting without reducing their emissions. Green bonds are becoming […]

todayNovember 15, 2023 8

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