green economy Archives - AfricaBusiness.com

1Dec

By Africa BusinessNo Comments

Main, South Africa News

COP27 lays foundations for long-term investment opportunities in Africa

By Philippa Owen, ESG Lead at GraySwan After several days of focused negotiations in Sharm el-Sheikh, this year’s COP27 closed with a sense of comfort that the needs of emerging and developing markets have not been overlooked. The agreement to create and implement a loss and damage fund to rescue and rebuild physical and social infrastructure comes years after questions were first raised about the non-delivery of promised finance to facilitate the developing world’s transition to a greener economy and the move away from fossil fuels. Yet, it is seen as a first crucial step that places the onus on the countries most responsible for the effects of climate change to contribute to those countries worst affected (and the least responsible). From a local perspective, South Africa’s request f...

Going Greener for Workforce Health and Wellness

3Mar

By Amber SamboNo Comments

Business, Main, South Africa News

Going Greener for Workforce Health and Wellness

By: Amber Sambo, Social Media Manager and Content Creator at Decusatio As the climate-change discussion peaks and people gain more knowledge, there is increasing pressure on employers to not only protect the planet but to also ensure that the health and wellness needs of their workforces are met by providing environmentally healthy workspaces for them. Here's why and how adopting greener and more sustainable approaches can improve the health and overall well-being of your workforce. The why Sustainable workspaces are healthy workspaces with optimum air temperatures, humidity levels, noise levels and enhanced air quality can help improve the physical and mental health of your employees. Improving the environments of workforces has proven to substantially increase productivity and the ...

15Jan

By Africa BusinessNo Comments

South Africa News, Startups

Make a success of sustainability: An innovative incubator aimed at equipping entrepreneurs to build the green economy

According to a recent study by the Council for Scientific and Industrial Research (CSIR), transitioning to a more circular economy can create value across all sectors of the economy. The circular economy promotes sustainability, and the sector consists of businesses that focus on eliminating waste, leading to improved efficiency and greater profit margins. Sixty-five entrepreneurs will have the opportunity to join an 18-month innovative incubator programme that maximises the success of their businesses. The Fetola Circular Economy Accelerator (CEA) is a unique initiative that aims to provide South African entrepreneurs looking to scale their businesses in the circular economy with unparalleled access to mentoring and skills development. Businesses in the circular economy have the potenti...

Five Tech Megatrends that can Transform African economies in 2021 and beyond

15Jan

By Richard LiNo Comments

African News, Agriculture, Fintech, Main, Medicine

Five Tech Megatrends that can Transform African economies in 2021 and beyond

The world has been experiencing massive digital disruption with the relentless rollout and adoption of disruptive and innovative technologies. Embracing digital disruption is daunting, since it is extremely unsettling with the rapid change brought about within societies and the severe impact on unskilled labor. Even if the African continent will not be spared by digital disruption, Africa cannot afford to be left out of these global technology (Tech) trends. If technology is wisely implemented, developing African countries are able to hop on the digital bandwagon to rapidly undergo a digital revolution that can boost their respective economies. While disruptive technologies like artificial intelligence, additive manufacturing, augmented and virtual reality, and others are becoming more and...

5Nov

By Africa BusinessNo Comments

African News, Kenya News

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) report. The ongoing work of the KFS, together with the Kenya National Bureau of Statistics (KNBS) and international partners, says that the contribution of forests is undervalued by 2.5 per cent, putting the estimate of its annual contribution to Gross Domestic Product (GDP) at around 3.6 per cent. Hon. Dr. Noah Wekesa, Kenya’s Minister of Forestry and Wildlife, said the report – entitled ‘The ...