Tag: natural resources

Africa is making slow, steady progress towards energy security, which will only be enhanced through collaboration. Energy access is undeniably one of the most crucial components of modern day living. Reliable energy supply ensures that economies are growing by supporting critical industries like mining, manufacturing, agriculture, healthcare and education, while improving the lives of billions of people.

In today's corporate world, the integration of Environmental, Social, and Governance (ESG) factors into executive compensation plans has become a beacon of progressive strategy, illuminating the path towards sustainability and responsible governance.

Climate change has become an urgent and pervasive challenge, with its impact keenly felt at the local level, especially within urban areas. Municipalities find themselves at the frontline of climate challenges, dealing with issues that are not abstract or remote but immediate and pressing. It is here, within the boundaries of our local communities, that we must implement a paradigm shift in our approach to climate finance.

The 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change draws to a close this week. For Africa, discussions at this year’s conference placed the continent as a central player that is playing an active role in actioning efforts and initiatives for a better, more sustainable future.

The global business community is undergoing a transition towards a green economy driven by a shared recognition of the urgent need to address climate change, protect natural resources, and promote sustainable development.

We are pleased to share our fifth South Africa Economic Outlook report for 2023. This edition focuses on the need for companies to report non-financial data in order to help measure socio-economic progress better than is currently being done by the calculation of gross domestic product (GDP).

Sustainable societies assume natural resources are finite and aim to practice environmental protection that promotes balance between humans and nature. Adapting sustainability measures can save money in addition to environmental impacts.

The Africa Report 2022 has revealed a continent that has shown stable growth, increased innovation and consistent reform in a bid to create a competitive environment, foster free trade and improve the investment climate. For investors navigating the 54 different countries and relatively opaque market – only a few provide key economic and business data – the landscape is changing, providing greater clarity, visibility and opportunity. 

Africa’s urban population is booming. At 3.5% per year, the continent’s urban growth rate is the highest of the developing world over the last twenty years. Within the next twenty, research suggests that every second person in Africa will live in a town or a city, bringing the urban population to around 926 million people.

From October 3 to 7 this year, African and global leaders in the oil and gas sector will converge in Cape Town for Africa Oil Week. In the lead-up to the conference, the debate around Africa's use of its natural resources for its benefit is coming into sharp focus, including the conference host country - South Africa.