Africa Africa’s green bond market is booming – report By Bonface Orucho, bird story agency Green bonds are experiencing robust growth in Africa as governments, corporations, and financial institutions recognize their potential to fund sustainable projects. A new report shows green bond issuances in Africa jumped 125% last year, hitting US$1.4 billion from US$600 million in 2022. The report, ‘Emerging Market Green Bonds’ by the International Finance Corporation and Amundi, a European asset manager […] todayJune 3, 2024 11
insert_link Business / Economics Capricorn Corner earns ‘Green Building Certification’ The Capricorn Corner building, Capricorn Group's state-of-the-art office facilities in Klein Windhoek, earned EDGE Advanced green building certification, the green building certification from the International Finance Corporation, the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner - Green Business Building Certification Inc. marks the first internationally recognised operational building to be EDGE-certified in Namibia. This achievement also preludes this year's World Earth Day, […] todayApril 22, 2024 34
insert_link Africa Projects funded by the World Bank Group’s private sector arm fuel armed conflict – it’s time to reform the system Brian Ganson, Stellenbosch University; Anne Spencer Jamison, Copenhagen Business School, and Witold Jerzy Henisz, University of Pennsylvania To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals? This is a hotly debated issue. Most international institutions such as the World Bank Group take the stance that the problem is not enough private investment. So they mobilise public resources to […] todayNovember 14, 2023 5
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.