Sustainability
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NEWS
Safaricom secures second $116.73m sustainability linked loan from local banks
Kenya’s leading telco Safaricom has secured another KES 15 billion (($116.73 million) Sustainability Linked Loan, bringing the total loan facility to KES 30 billion ($233.46 million) having announced the closure of a similar amount last year. The loan facility, which is the largest in the East African region, is set to advance Safaricom’s Environmental, Social and Governance agenda (ESG). The…
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NEWS
AJEN Roundtable Focuses on Sustainable Journalism Education
The 2024 African Journalism Education Network (AJEN) has convened participants across Africa to explore innovative approaches to teaching journalism across African institutions of higher learning, emphasizing the need for curricula that equip students with the skills to produce high-quality, ethical, and sustainable content. This conference brings together leading academics, journalists, and policymakers from around the globe to discuss the pivotal role of…
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BRAND & SUSTAINABILITY
Lake Turkana Wind Power releases 2023 Sustainability Report
Lake Turkana Wind Power (LTWP), Africa’s largest wind power project has launched its 2023 Sustainability Report. The launch marks a significant milestone in the company’s ongoing commitment to environmental stewardship, social responsibility, and economic development. The 2023 Sustainability Report highlights LTWP’s substantial contributions to Kenya’s economy, energy sector, environment and its continued investment in the development of the Laisamis region that surrounds…
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ENERGY
How Perenco is Enabling Gas-Powered Industrial Growth across Africa
Reaffirming its unwavering dedication to Africa’s energy sector, independent hydrocarbon producer Perenco recently launched its first-ever gas-to-industry supply project in Cameroon. Last July, the company put into service the Bigapa Gas Processing Center, marking an important milestone while strengthening its historic partnership with Cameroon’s National Hydrocarbons Corporation (SNH). The processing center is set to source gas from the Sanaga South…
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BRAND & SUSTAINABILITY
Standard Chartered Advances Sustainability Agenda
Standard Chartered on Monday released its 2023 Sustainability Progress Report, highlighting the achievements made in support of its long-term sustainability ambition. The Report covers activity across three focus areas, including building a Sustainable Business, enhancing Sustainable Operations and working with partners to support Sustainable Communities. The Report highlights that in 2023, the Bank grew its total Sustainable Finance assets to…
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NEWS
Sustainable Startups Selected to join Women In Tech KES 22 Million Programme
Standard Chartered and @iBizAfrica- Strathmore University have announced the latest inductees into their transformative ‘Women In Tech’ programme. This year’s Standard Chartered Women In Tech programme aims will bring together female entrepreneurs who are leveraging technology to spearhead sustainable startups that generate impact. In line with this objective, the aim for this year’s cohort is to enable these startups to…
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ENVIRONMENT
Corporations in Kenya join govt in ambitious plan to plant 15 billion trees
Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increasing biodiversity and enhancing environmental resilience, this ambitious effort reaffirms the nation’s commitment to environmental stewardship alignment to accentuate green growth. While this ambitious project is a major government initiative, the…
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NEWS
[Hariprasad Viswanatha] Embedding sustainability for a green economy – riding the ESG wave
The number of publicly listed companies in Kenya that report on Environment, Social and Governance (ESG) is rising, albeit slowly. This can be attributed to the increasing push for awareness of organizations’ impact on the environment and society and the need to maximize the positive and reduce the negative. In 2021 the Nairobi Securities Exchange launched its ESG Disclosures Guidance Manual aimed…
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COLUMNS
Sarwar Khan: The evolving role of the CIO requires a focus on sustainability
As the world becomes increasingly digital and a shift by organisations to pursue generative AI, a shift is taking place within boardrooms. CIOs are now fulfilling more strategic roles to drive digital transformation and sustainability. Going circular For multinational corporations, the focus has broadened from just carbon emissions to a circular economy model, encapsulating responsible resource consumption, recycling, and waste…
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BRAND & SUSTAINABILITY
Airports and Airlines increase IT spend to improve the passenger journey and meet sustainability goals, SITA survey
SITA’s 2023 Air Transport IT Insights report, published recently, finds that both airports and airlines saw IT spend increase year on year into 2023, reaching an estimated 10.8 billion USD and 34.5 billion USD respectively, with over two-thirds of airport and airline CIOs expecting continued growth into 2024. Airports also boosted IT spend as a percentage of revenue in 2022…
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