Anglo American launches US$734m sustainability-linked bond

AFRICA – Diversified miner Anglo American has issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and freshwater abstraction, and to support job creation in host communities. This €745 million (US$743.77m) bond is the first instrument issued following the publication of Anglo American’s Sustainability Financing Framework and bond investors will be entitled to a higher final…

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BCP, SOWIT partner to boost financial inclusion of Moroccan Farmers

MOROCCO – Morocco’s commercial bank, Banque Centrale Populaire (BCP) has signed a partnership agreement with Moroccan agritech startup SOWIT to provide farmers in the Beni Mellal-Khenifra region with access to innovative diagnostic and monitoring solutions for sustainable and effective farm management. The agreement was concluded as part of the Regional Investments initiative launched by BCP to assist innovative Moroccan solutions.…

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SOLA Group, African Rainbow Energy reach final close of 200MW solar PV projects

SOUTH AFRICA – Independent power producer (IPP) SOLA Group and African Rainbow Energy have reached a financial close on 200MW solar PV projects for Tronox Mineral Sands. The financial close of the projects happened less than 6 months after the power purchase agreements were signed in mid-March 2022. Construction of the projects will now begin. The projects’ purpose is to…

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