Zeitec Investment Office’s Post

#PortfolioSpotlight 💡 To boost private sector engagement in climate action and the growth of the green economy, United Nations Development Programme (UNDP), Africa Sustainable Finance Hub (ASFH) is spearheading the Africa Green Business and Financing Initiative (AGBFI). This initiative aims to foster the development of green businesses and financing models, enhancing their role in Africa's green transition. 🌍💚 The recently published ‘African Green Business and Financing Report’ provides a comprehensive overview of the green business and financing landscape across Africa. It highlights the wide array of activities, projects, and private companies driving innovation and growth. The report zeroes in on 'green sectors' of strategic importance for the continent, including renewable energy, water infrastructure, sustainable agriculture, forestry, eco-tourism, and next-generation technologies. 🌱🔋 Showcasing successful examples, the report includes case studies from various sectors that feature technology and data-driven product innovations. As KawiSafi Ventures, we are thrilled to see our portfolio company Sistema.bio / Sistema Biobolsa recognized among these esteemed companies! 🚀✨ Discover the pioneering efforts shaping Africa’s green future in the full report! https://lnkd.in/g-zvujZr #KawiSafi #ClimateVC #IndustryUpdates #ClimateFinance #EnergyAccess

Did you know that in the South African energy sector, environmental corporate responsibility has emerged as a cornerstone of sustainable development and ethical business practice? With a growing global awareness of climate change and its profound implications, energy companies operating in South Africa are increasingly cognizant of their environmental footprint and societal obligations. By prioritising environmental management, these companies not only mitigate adverse impacts on ecosystems and local communities but also foster long-term resilience and competitiveness. Embracing renewable energy sources, implementing energy efficiency measures, and investing in emissions reduction technologies are pivotal steps towards reducing carbon emissions and mitigating environmental degradation. Moreover, integrating environmental considerations into corporate strategy not only enhances brand reputation but also attracts socially conscious investors and fosters positive relationships with stakeholders. As South Africa navigates the transition towards a low-carbon economy, environmental corporate responsibility stands as a guiding principle, shaping the energy sector's trajectory towards a sustainable and prosperous future. #NationalEnergyMonth #Sustainability #SouthAfrica  

Africa can emerge as a global leader in #climate action and #green business for several reasons, including: 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 Africa boasts significant renewable energy potential, with hydroelectricity currently holding the largest share of renewable energy generation. 𝗠𝗶𝗻𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 Africa leads the world in the production of many critical minerals essential for renewable energy technologies, such as copper, bauxite, chromium, iron ore, platinum group metals, cobalt, and rare earth metals. 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 Numerous African economies are actively working towards increasing economic diversification and enhancing participation in value-added manufacturing and services, which are crucial for the green transition. Sectors such as 𝑟𝑒𝑛𝑒𝑤𝑎𝑏𝑙𝑒 𝑒𝑛𝑒𝑟𝑔𝑦, 𝑤𝑎𝑡𝑒𝑟 𝑖𝑛𝑓𝑟𝑎𝑠𝑡𝑟𝑢𝑐𝑡𝑢𝑟𝑒, 𝑠𝑢𝑠𝑡𝑎𝑖𝑛𝑎𝑏𝑙𝑒 𝑎𝑔𝑟𝑖𝑐𝑢𝑙𝑡𝑢𝑟𝑒, 𝑛𝑎𝑡𝑢𝑟𝑒-𝑏𝑎𝑠𝑒𝑑 𝑠𝑜𝑙𝑢𝑡𝑖𝑜𝑛𝑠, 𝑒𝑐𝑜-𝑡𝑜𝑢𝑟𝑖𝑠𝑚, 𝑎𝑛𝑑 𝑛𝑒𝑥𝑡-𝑔𝑒𝑛𝑒𝑟𝑎𝑡𝑖𝑜𝑛 𝑡𝑒𝑐ℎ𝑛𝑜𝑙𝑜𝑔𝑦 𝑠𝑜𝑙𝑢𝑡𝑖𝑜𝑛𝑠 are strategically identified for #green growth, as highlighted by the 𝗔𝗳𝗿𝗶𝗰𝗮 𝗚𝗿𝗲𝗲𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗔𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 report. The report presents six ambitious recommendations to fully harness the continent's potential: 𝟭. 𝗣𝗿𝗼𝗺𝗼𝘁𝗲 𝗗𝗲𝗱𝗶𝗰𝗮𝘁𝗲𝗱 𝗚𝗿𝗲𝗲𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝘀 𝗳𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗳𝘂𝗻𝗱𝘀, with a specific mandate to support the development of green business. 𝟮. 𝗖𝗿𝗲𝗮𝘁𝗲 𝗮𝗻 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗨𝗿𝗯𝗮𝗻 𝗚𝗿𝗲𝗲𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗮𝗻𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 to help support Africa’s rapidly growing cities to meet the dual challenges of rapid urbanisation and climate change. 𝟯. 𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵 𝗡𝗮𝘁𝘂𝗿𝗲 𝗮𝘀 𝗮𝗻 𝗔𝘀𝘀𝗲𝘁 𝗖𝗹𝗮𝘀𝘀 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗶𝗻𝗴 𝘁𝗵𝗲 𝗹𝗲𝘀𝘀𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 𝗰𝗮𝗿𝗯𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 elsewhere as well as Africa’s nature-rich status, to build robust carbon and biodiversity markets. 𝟰. 𝗘𝗻𝗵𝗮𝗻𝗰𝗲 𝗚𝗿𝗲𝗲𝗻 𝗩𝗮𝗹𝘂𝗲 𝗖𝗵𝗮𝗶𝗻𝘀 𝗮𝗻𝗱 𝗖𝗮𝗽𝗮𝗰𝗶𝘁𝘆 leveraging Africa’s natural abundance of minerals needed in the green transition. 𝟱. 𝗘𝗻𝗰𝗼𝘂𝗿𝗮𝗴𝗲 𝗠𝘂𝗹𝘁𝗶𝗹𝗮𝘁𝗲𝗿𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗕𝗮𝗻𝗸𝘀 to do more to reduce investment risk in Africa through the creation of new and innovative instruments, funds and facilities. 𝟲. 𝗖𝗿𝗲𝗮𝘁𝗲 𝗮𝗻 𝗔𝗳𝗿𝗶𝗰𝗮𝗻 𝗚𝗿𝗲𝗲𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲 to serve as a hub for green business in the region and act as a repository of best human capital practices in the region.

Bringing the Future of Work to Africa’s Green Economy. The African Climate Foundation (ACF) has signed a Memorandum of Understanding (MOU) with Allied Talent Partners (ATP). This partnership represents a crucial step towards equipping Africa with the skilled workforce necessary to drive and benefit from the green economy. Recognising this critical need within NGOs, energy developers, governments, and other organisations, the ACF-ATP MOU outlines a collaborative effort aimed at enhancing the capacity of climate-related projects and businesses by connecting them with skilled professionals and experts. Of course, this partnership comes at a pivotal moment for us as we shifts our focus to a Climate and Development Investment Platforms approach. These platforms are designed to attract and optimise climate-related investments at the national level, which requires a diverse range of skills. The ATP’s expertise and network will be invaluable in meeting these needs. Saliem Fakir Sarah McNeilly Allan Kagwi Zandile Hlatywayo Emma Jordi https://lnkd.in/dXiJHFbY

Companies besides undertaking their core functions in the provision of services, they also have an obligation to take part in humanitarian, livelihood improvements, and building a sustainable planet in the form of corporate social responsibility. Equity Bank Limited in its 3rd sustainability report launched on September 3rd staged the company as having a sense of sustainable development by tailoring its services to address Climate adaptation, water efficiency, Energy efficiency, transport, and renewable energy through its green financing model for loans and grants. At Clean Green Africa, our beekeeping and Biogas projects, for example, aim to offer alternative sources of income, fuel, and even leverage in possible ways the farmers can unlock carbon credit revenues. This is an uphill task but providing financial linkages to the groups can fast-track the realization of the intended program outcomes. The function featured on Citizen Tv's Royal Media Services Limited https://lnkd.in/dSP85AFB #carboncredits #greenfinancing #sustainabledevelopment

What Does the Future of African Infrastructure Look Like? 🏙️💡 As Africa's infrastructure grows to meet the demands of urbanisation, climate change and sustainable development, businesses have a unique opportunity to lead the way. From renewable energy to climate-resilient projects, ESG is driving a new wave of infrastructure development across the continent. The next chapter of the African infrastructure story is being penned with sustainability at its core. Turn the page with us as we explore three transformative ESG strategies that are not only rewriting the future of Africa's infrastructure but also unlocking new growth opportunities for businesses ready to lead the charge. #ESG #SustainableDevelopment #InfrastructureInnovation #RenewableEnergy #ClimateResilience

🌍 Africa’s Green Future is Here! Exciting times ahead as Africa pushes towards a low-carbon, sustainable future! 🌱 With green projects booming across the continent—from solar farms in South Africa to wind energy in Kenya—this is just the beginning. Green financing, digital innovation, and strong Public-Private Partnerships (PPPs) are driving this transformation. 💡 But here's the twist: it’s not just about saving the planet. This shift is unlocking huge economic opportunities, attracting billions in investments, creating jobs, and driving innovation. 🚀 At the heart of this revolution are financial institutions and advisory firms helping businesses and governments tap into these new opportunities. Arielle Advisory is at the forefront, working to accelerate sustainable business growth, enable access to green financing, and support innovative digital solutions. Ready to explore how your business can join the green revolution? 🌿 Read our latest article to dive into the future of green business in Africa. #GreenEconomy #SustainableFinance #AfricaRising #ClimateChange #Innovation #PPP #RenewableEnergy #ArielleAdvisory 📖 Read the full article here; https://lnkd.in/ekFDBQpn

🍃 IFU INVESTEE RECEIVES AWARD AT AFRICA SUSTAINABILITY FUTURE AWARDS 🍃 Nithio, an IFU investee, has received the Highly Commended Award in the Financing Access to Clean Energy category at the African Sustainable Future Awards hosted by the Financial Times, FT Live, and The World Bank Group’s MIGA. “We congratulate Nithio with their well-deserved award. IFU is proud to support their efforts in creating access to clean energy that can assist underserved households and businesses in Africa to become more resilient to climate change and to provide them with opportunities for better living conditions,” said Thomas Hougaard, SVP, Head of Green Energy and Infrastructure in IFU. In 2023, IFU invested EUR 10 million in Nithio's Facility for Inclusion, Adaptation, and Resilience, which finances companies that build climate resilience and support a just energy transition. Africa is the continent most vulnerable to climate change, yet it receives only 3 per cent of the global climate finance flows. With the investment from IFU, Nithio can accelerate their investments in companies providing solar systems and solar power to households and small enterprises. Thereby, the investment makes a perceptible impact in Africa’s transition to sustainable energy. #verdensmål #SDG #dkpol

Spotlight on Rehema Mbalamwezi, Vice President of Africa Operations at UpEnergy. Rehema highlights a critical challenge facing #carbonmarkets in East Africa which is effectively communicating the comprehensive benefits beyond carbon reduction to investors and stakeholders in climate finance. UpEnergy's projects not only achieve decarbonization but also deliver substantial health and economic advantages. For instance, our electric cooking technology eliminates harmful household smoke, while our fuel-efficient charcoal cookstoves reduce charcoal consumption by 50%, resulting in significant cost savings. Articulating these wide-ranging impacts, along with the vital support carbon finance provides in overcoming financial barriers, market adoption, and behavioural change, requires extensive stakeholder engagement—from government bodies to local communities. She highlights the recent introduction of electric cooking technology in East Africa as a remarkable moment in her work in promoting carbon market initiatives. Through the pioneering project, UpEnergy issued the world's first-ever carbon credits linked to electric clean cooking devices. These devices, developed in collaboration with PowerUP, have transformed cooking habits for low-income households across sub-Saharan Africa. Rehema anticipates that UpEnergy's recent authorization for carbon credits under Article 6 in Tanzania demonstrates the significant potential of this mechanism to enhance international cooperation and enable effective climate action across both compliance and voluntary carbon markets. This groundbreaking initiative in Tanzania not only aligns with national climate goals but also attracts international investment into high-impact, emissions-reducing projects. The corresponding adjustments permitted under Article 6 ensure that carbon credits are not double-counted, thereby enhancing market integrity and appealing to sophisticated global buyers who aim to fulfill compliance obligations while supporting broader environmental and social objectives. This strategic approach leverages international climate finance to scale up sustainable projects, facilitating a just energy transition and delivering tangible improvements in clean energy access and efficiency for vulnerable communities. #EastAfricaCarbonMarketsForum #EACMF2024

We EU Africa RISE (Reform for Investment and Sustainable Economies) celebrate #World Environment Day to encourage more #awareness and #action for the protection of #environment. Our story... 🌱Investing in both #climate mitigation and #resilience, and clean #energy is a necessity and major economic opportunity in #developing countries.   🎯EU Africa RISE supports green transitions through its work in #green #technology, #renewables, #energy security and energy #transition.   🎯The Facility has implemented 85 projects within or across its 25 countries. 44 of these projects representing 55% of our investment are contributing to #GlobalGateway five investment priorities: #Digital, #Climate & #Energy, #Transport, #Health, #Education and #Research.   🎯We are supporting 21 projects totaling 28% of the total investment that contribute to Climate and Energy. Stay tuned for news on our current work #PRO #EPR #digital #app for #waste management #proof of PRO EPR model in Zambia, Rwanda, Kenya, Mozambique. Sebastian Frisch Emmanuel Barreto Omar Abdelrahman Abulheija Neirin Jones Peter Varndell Dario Pomodoro Thierry Sanders mwansa Matokwani Dr Patience Mpofu Ndandu Welkenhuysen