Based on a zero-fee banking model, Bank Zero launched to the public in August 2021. The Competition Commission has recommended that the Competition Tribunal approves the proposed transaction whereby Lesaka intends to acquire Bank Zero, without conditions. This, after fintech group Lesaka Technologies in June announced it will acquire 100% of the issued ordinary shares…
In a world striving for sustainability, Michelle Lingam’s aspirations for her solar installation business highlight a troubling paradox: despite the critical role of women entrepreneurs in combating climate change, they continue to be largely excluded from formal financing. When Lingam sought a loan to expand her business, she anticipated rigorous scrutiny. What she did not…
Best intentions to create a green wall to capture millions of tons of carbon while tackling desertification are up against a lack of funding and banditry in Jigawa State, northwestern Nigeria. In 2017, 45-year-old Jabiru Muhammed could hardly contain his excitement when the village head of Batu in Jigawa State, northwestern Nigeria, announced that their…
Minister in the presidency Khumbudzo Ntshavheni. Image: GCIS Cabinet has approved the final draft Integrated Resource Plan (IRP), which maps out the country’s future energy mix. Minister in the presidency Khumbudzo Ntshavheni said on Thursday that the details will be presented by energy minister Kgosientsho Ramokgopa on Sunday. IRP 2025 aims to balance supply and…
Africa’s Great Green Wall project began as an ambitious plan to build a 15-kilometre-wide band of trees across the north of Africa. The African Union launched the project in 2007 with plans for the trees to extend for 6,000 kilometres through 11 countries in the Sahel, restoring 100 million hectares of land from Senegal to…
As governments worldwide intensify efforts to cut greenhouse gas emissions, respond to the climate crisis, and secure reliable energy supplies in the face of rising demand, the global energy sector is undergoing a profound and accelerated transformation. At the center of this shift is the rise of green energy, particularly renewable sources such as solar,…
Addis Ababa — THE Tanzanian Vice President, Dr. Philip Mpango, has stated that although Africa contributes less than four percent of global greenhouse gas emissions, it remains the most affected continent by climate change. As such, it urgently requires support to cope with these challenges and to successfully implement a green transformation. Speaking at the…
The term “green investment” describes the allocation of resources to businesses, initiatives, or technological advancements that benefit the environment. This form of investment is intended to enhance sustainability, lower carbon emissions, and aid in the transition to a low-carbon economy Renewable energy sources like solar, wind, hydropower, and geothermal energy projects are typically included in…
A recent surge in matcha’s popularity has led to a global matcha shortage, driven by soaring demand and limited production in Japan, where high-quality matcha is grown. Justin Sullivan | Getty Images News | Getty Images TOKYO — When Chitose Nagao retired after nearly three decades in advertising to start a matcha cafe, she never imagined lines…
How lived poverty blocks climate action in Africa No. 13 of the United Nations’ Sustainable Development Goals (SDGs) calls for urgent action to combat climate change and its impacts. It aims to strengthen resilience and adaptive capacity to climate-related hazards and natural disasters across all countries. Additionally, it calls upon governments to integrate climate-change measures…
