A new draft standard released by the Global Reporting Initiative (GRI) is set to reshape how sustainability is reported across the global textile and apparel sector—offering African producers, manufacturers, and…
business sustainability
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Dangote Group launches $3 billion fertilizer investment in Ethiopia to address regional food security
by Lisa MatataAfricaEast AfricaEconomic ResponsibilityNews & AnalysisRegionsSustainability by Lisa Matata 939 views 3 minutes readIn a bold expansion of industrial investment across East Africa, the Dangote Group recently announced a $3 billion agreement with the Ethiopian government to establish a large-scale fertilizer production plant…
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As Africa positions itself as a critical player in the global shift to clean energy—both as a supplier of essential EV minerals and as an emerging market for electric mobility—Volvo’s…
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Turkish airlines sets global example with sustainability-linked aircraft financing
by Carlton OlooAfricacorporate sustainabilityInternational NewsNews & AnalysisSustainability by Carlton Oloo 546 views 2 minutes readTurkish Airlines has received the prestigious Sustainable Financing Pioneer Award from Ishka, a leading global platform for aviation finance, in recognition of a groundbreaking transaction that embeds environmental accountability into…
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Major step for Kenyan agribusiness: Del Monte Kenya aligns with UN global standards
by Carlton OlooAfricaAgriculturecorporate sustainabilityNews & AnalysisSustainability by Carlton Oloo 705 views 4 minutes readIn a move expected to strengthen environmental accountability and ethical business practices across Kenya’s agribusiness sector, Del Monte Kenya Limited has officially joined the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative.
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Europe bets on African Climate Innovation: Horizon Europe 2025 ushers in a new era of sustainability partnerships
by Carlton OlooThe European Union has launched the Horizon Europe Work Programme 2025, unveiling the “Africa Initiative III”—a funding envelope of €500.5 million dedicated to Africa-focused research and innovation.
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Globally, many governments are putting laws and plans into place to cut carbon emissions and move toward a low-carbon economy. Businesses can keep ahead of regulatory obligations and prevent penalties…
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Companies that put sustainability first not only help create a more sustainable future, but they also set themselves up for long-term success. By incorporating sustainability into their operations, businesses may…
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Greenwashing, a term first coined in the 1980s, refers to the practice of companies misleadingly marketing their products, services, or overall brand as environmentally friendly or beneficial, while the reality on the ground is that their practices may be unsustainable or harmful.
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The IFC’s decision to withhold funding from private sector companies that fail to adhere to or report on ESG standards is a clear indication of the growing importance of ESG considerations in today’s corporate landscape.