The spike in the number of green buildings is higher in South Africa than any other nation in the world, revealed the McGraw-Hill Construction SmartMarket Report
Energy
AfDB trust fund to support clean energy project in Mali
Sustainable Energy Fund for Africa (SEFA), the bilateral trust fund of the African Development Bank (AfDB), has approved a US$530,000 grant to co-fund a renewable energy project in Mali
Standard Bank Group to increase investments in ‘Power Africa’ initiative
Standard Bank Group will accelerate its investments in the ‘Power Africa’ initiative over the next five years
Italian firm to develop two solar plants in South Africa
Italian energy company TerniEnergia has signed a deal with an unnamed utility firm to develop two solar plants in South Africa for US$197.3mn
General Electric to invest US$2 billion in Africa
An estimated US$2bn worth of investments from multinational conglomerate General Electric (GE) will be distributed across Africa in a bid to help the continent achieve sustainable growth