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Fortress REIT to scale up its renewable energy outputs

A South African hybrid fund, investing in direct properties and other listed real estate companies, has launched a sustainability-linked bond to scale up renewable energy outputs and deliver more solar energy to the national grid.

AfDB, JSE and IDC provide business exchange platform

The African Development Bank (AfDB), the Johannesburg Stock Exchange (JSE) and the Industrial Development Corporation of South Africa (IDC), have jointly organised the first Africa Business Day forum, dedicated to enabling Southern African businesses...

City of Cape Town scoops green bond of the year

The City of Cape Town has been named the Green bond of the Year - Local authority, by Environmental Finance. The inaugural green bond, issued in July 2017, was directed to the refinancing of existing...