Posts tagged as DBSA

Nedbank withdraws funding for new coal IPPs

. Nedbank lived up to its slogan as the “green” bank in a decision to  withdraw its funding of two proposed new coal-fired power stations in South Africa, Thabametsi and Khanyisa. This decision fits with the banking group’s commitment to “green” funding, responsible lending and supporting sustainability initiatives. The bank says its initial proposal for […]

Launch of African ICT infrastructure fund

  African investment management firm, Convergence Partners has launched the Convergence Partners Communications Infrastructure Fund (CPCIF), said to be the only infrastructure fund that is dedicated purely to the information and communications technology (ICT) sector in Africa. With a first close of $145-million, it is one of the largest African based infrastructure funds, notwithstanding its […]