Nedbank pumps nearly R500-million into New GX Capital fund

Nedbank pumps nearly R500-million into New GX Capital fund

New GX Capital founder and CEO Khudusela Pitje New GX Capital’s clean-tech investment fund, Airnergize Capital Fund I, has secured US$28-million (R488-million) in funding from Nedbank CIB. Led by New GX Capital CEO Khudusela Pitje, Airnergize was launched in April this year with the intention of investing in renewable energy, gas and water infrastructure across…

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Africa: MSF Urges U.S. and Key Donors to Help Global Fund Meet Targets

Africa: MSF Urges U.S. and Key Donors to Help Global Fund Meet Targets

Global efforts to fight three of the world’s most harmful and widespread infectious diseases—AIDS, tuberculosis and malaria—are now under threat due to dramatic cuts in global health financing, warns Doctors Without Borders (MSF). In January, the United States—previously the largest funder of global health programs—announced a suspension and review of all international aid. Since then,…

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Africa: Global Fund Applauds Switzerland’s Pledge to the Eighth Replenishment

Africa: Global Fund Reports 70 Million Lives Saved – but Warns Progress Is At Risk

New report highlights major progress in the fight against AIDS, tuberculosis and malaria – but warns that without renewed commitment and investment, decades of hard-won gains could unravel. The Global Fund’s Eighth Replenishment is critical to keep the world on track toward ending these deadly diseases. GENEVA – The Global Fund to Fight AIDS, Tuberculosis…

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Turning point for Africa as climate fund, resilience framework launched in Addis

Turning point for Africa as climate fund, resilience framework launched in Addis

A diverse coalition of civil society leaders, government officials, development partners, and grassroots voices witness the official launch of the Climate Justice Impact Fund for Africa (CJIFA) and the Africa Just Resilience Framework (JRF) in Addis Ababa, Ethiopia. PHOTO/PACJA. By PATRICK MAYOYO [email protected] In a defining moment for Africa’s climate future, a diverse coalition of…

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Africa: Global Fund Applauds Switzerland’s Pledge to the Eighth Replenishment

Africa: Governments Must Back $125bn Tfff Forest Fund With Stronger Finance Laws

The Brazilian Presidency’s flagship conservation finance initiative for COP30 – the Tropical Forest Forever Facility (TFFF) – must be supported by sponsor governments also introducing stronger rules to close loopholes that allow the financing of deforestation, Global Witness has warned. The Government of Brazil today released its latest plans for the $125 billion initiative, which…

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Africa: Global Fund Applauds Switzerland’s Pledge to the Eighth Replenishment

Africa: Helios Expands Bet On Africa’s Creative Sector With $75m Fund

TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…

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Africa: Global Fund Applauds Switzerland’s Pledge to the Eighth Replenishment

Africa’s Smallholder Farmers Are Using Bright Ideas to Adapt to Climate Change – G20 Countries Should Fund Their Efforts

Across most of Africa, rural communities grow their own food, relying on smallholder agriculture. But climate change is threatening this way of life. Rising temperatures, erratic rainfall and degraded soils are already shrinking harvests. This is pushing millions of smallholder farmers into deeper poverty. Yet some African farmers are embracing innovative, cost-effective and environmentally friendly…

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