Atlantic Council proposes Africa agenda at upcoming COP 27 to help combat climate change

Africa deserves the highest priority attention at the upcoming twenty-seventh United Nations’ climate conference – the Conference of the Parties 27 (COP 27), to be held in Egypt, in November, panel members said in a discussion of the the African Development Bank’s (AfDB’s) African Economic Outlook 2022 report during an event hosted by the Atlantic Council on July 27.

A team from the AfDB, led by acting chief economist and VP Kevin Urama, is in Washington DC, in the US, to present the African Economic Outlook 2022 – a flagship publication of the bank – to international thought leaders and other targeted bodies.

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Eskom meets with CEOs, BLSA, JSE to discuss possible electricity solutions

State-owned utility Eskom met with CEOs and leadership from over 70 private institutions in a session led by the JSE and business organisation Business Leadership South Africa (BLSA) on July 29, as part of ongoing efforts to resolve the long-running electricity crisis. “The purpose of the discussions was to identify initiatives where the parties can collaborate and plant the seeds of opportunity to leverage private sector investment capacity and harvest the low hanging fruit in the electricity industry,” group CE André de Ruyter said.
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Nedbank sees South Africa clean energy loans jump to R50bn

Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power projects. The bank’s lending toward the government’s Renewable Independent Power Producer Programme – aimed at boosting privately generated electricity in the nation – may jump to about R50-billion n the “short-to-medium term” from 29 billion rand, said CEO Mike Brown.
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