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gas demand

Twin City power project ready to deliver reliable power to Ghana

Using 33 mscfd of local natural gas supply as its primary fuel, the 200MW dual-fuel combined cycle Twin City Energy generation facility will deliver baseload power to Ghana.
Generation South Africa

New study in support of South Africa’s energy reform

South Africa's energy reform aspirations and how they could possibly navigate energy reform was the topic of focus in a study recently released by Res4Africa in collaboration with CESI: Fostering Renewables within an Independent Network System scenario for South Africa.
coal power station

NPO Just Share responds to Nedbank’s new hard line on coal

Just Share, a non-profit shareholder activism organisation. believes Nedbank has set a global leadership standard among large commercial banks, by avoiding the adoption of the standard “net zero by 2050” target,
NERC extraordinary tariff

Nedbank sets the net zero bar high for Africa’s banking sector

Nedbank will continue to finance natural gas production “where it will play an essential role in facilitating the transition to a zero-carbon energy system by 2050”, but aims to have zero exposure to all activities related to fossil fuels by 2045.
RES4Africa Foundation confirms partnership with CSIR and Nedbank

RES4Africa Foundation confirms partnership with CSIR and Nedbank

The Council for Scientific and Industrial Research and financial services group Nedbank, have joined RES4Africa Foundation as new members.
Nedbank CIB wins Energy Deal of the Year award.

Nedbank CIB walks away with Energy Deal of the Year award

Nedbank Green Renewable Energy Bond issuance was awarded Energy Deal of the Year at the 2020 African Banker Awards.
green economy

Nedbank accounts for green bonds launched in South Africa

The green bonds arrive a little over a month after Nedbank’s shareholders unanimously voted in support of two new sustainable development resolutions.

AfDB concludes $116m Nedbank SDG-linked bonds

The African Development Bank Group has concluded the investment of R2bn (around $116m) in Sustainable Development Goals-linked bonds issued by Nedbank South Africa.
Nxuba wind farm

Enel Green Power reaches financial close for five wind projects

Enel Green Power RSA has signed project financing agreements of up to €950 million ($1 billion), with senior lenders Nedbank and Absa for the development of wind projects in South Africa. The facility is inclusive...

Uganda: consortium raises capital to refinance Bujagali

A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda. The...