The Economic Commission for Africa (ECA) and Standard Bank Group, with the support of the Arab Bank for Economic Development in Africa (BADEA), the Motor Industry Retirement Funds (MIRF) and Copartes Pension Fund and the African Union Commission (AUC), have announced the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million. The announcement was made at…
Inpixon, the Indoor Intelligence company, Monday announced a collaboration agreement with Schauenburg Systems, an original-equipment manufacturer of mine safety systems and equipment, to sell Inpixon’s real-time location technologies to mining companies in South Africa. Under the agreement the parties will aim to achieve sales of hundreds of thousands of nanoLOC chips and other core technologies…
Deloitte Africa has appointed Jayne Mammatt and Jyoti Vallabh, two renowned sustainability and climate change specialists, in its Audit & Assurance division. Both women will join the firm as Partners – forming part of Deloitte’s effort to help clients to develop, execute and report on their Environmental, Social and Governance (ESG) initiatives. This includes the…
Dubai Investment Fund (DIF), one of world’s largest global independent investment funds and asset manager, that effectively manages financial resources through diversification into new asset classes, today announced the creation of ESG Investment Department. “Investing in areas, that will bring not only profits, but also long-term benefits for the whole community is one of our…
The race is on to restore South Africa’s mining industry’s reputation among global critics of an industry largely associated with deplorable environmental management practices. On Monday, President Cyril Ramaphosa paid a visit to the Jagersfontein mine in the Free State, followed by Mineral Resources and Energy Minister Gwede Mantashe and his deputy minister the very…
Anglo American plc this week issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and fresh water abstraction, and to support job creation in host communities. This €745 million bond is the first instrument issued following the publication of Anglo American’s Sustainability Financing Framework and bond investors will be entitled to…
Microsoft and McKinsey have joined forces to launch an integrated decarbonisation solution that uses data intelligence from Microsoft together with McKinsey’s Catalyst Zero execution engine. The tech collaboration will allow companies to use integrated data on their emissions-inducing activities and create a detailed decarbonisation plan. The solution will apply the Sustainability Manager to automate and scale companies’ sustainability data…
Tronox Mineral Sands, an American Mineral Sands mining company with operations in South Africa, has signed what is thought to be the largest Independent Power Producer agreement for the construction of two 100MW projects aimed at meeting 13% emission reduction targets. Construction is set to begin after the company reached an R4 billion financial close…
With a goal to curb carbon emissions, South African start-up Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change. Curbon’s unique offering gives shoppers the opportunity to take direct, meaningful climate action with every online purchase. Using data from the world’s leading climate science institutions, the start-up’s…
There’s a saying in Africa that “ndila i vhudziswa vha re phanḓa”, loosely translated to mean to knowthe route to a destination, you ask from those who are ahead.The phrase came to mind during a recent casual discussion with a European corporate strategist whohad flown to South Africa to collect data on the strategies currently…
