MIGA’s Post

Africa's private sector has the power to boost the sustainable revolution! A comprehensive study by the UN Environment Programme reveals that by embracing a holistic approach anchored in profit, people, planet, prosperity, peace, and partnerships, businesses can pave the way to: 📈 Increased GDP 💼 Higher income per capita 🌱 Creation of tens of millions of jobs 🤝 Collaboration between governments, businesses, and local communities Let's turn these insights into action, inspire audacious first movers, and shape a sustainable future for Africa. Read More: https://lnkd.in/dzmFM6Yi #GreenAfrica #SustainableDevelopment #UNEPReport

Our CEO Joan M. Larrea, will be participating in Africa's Green Economy Summit, happening February 21-23 in Cape Town, South Africa. Joan will be speaking on February 21, at Driving Africa's Transition to a Green Economy, which will explore steering Africa towards a greener, resilient future through resource preservation, clean tech, and inclusive growth. She will also be moderating the panel discussion Unlocking Right-Priced Capital, which will discuss innovative examples of structured blends of finance and the importance of securing competitive financing for sustainable projects. Learn more and register for the summit: https://bit.ly/41w5Xci #blendedfinance #africa #greeneconomy #emergingmarkets #SustainableDevelopment #developmentfinance

🌍🔗 Investing in Africa's Future: Uncover the potential through impactful projects and case studies in our latest blog. These initiatives are not just changing the business landscape but also crafting a sustainable and innovative future for the continent. #AfricanInvestment #SustainableBusiness #InnovationInAfrica #EconomicDevelopment #FutureTrends #BusinessInAfrica #ImpactfulLeadership #GrowthOpportunities #StrategicInvestments #GlobalBusinessTrends Read more here: https://lnkd.in/eJuTE283

Our CEO Manuel Moses, will be speaking at #ATIDI’s Roundtable on "Empowering Tomorrow: Enabling Investment"! Join us on Thursday June, 27 as he shares insights on promoting Africa’s #economicgrowth through #sustainablefinancing. The theme underscores the continent's immense potential, especially with its #youthfulpopulation making up almost 60% of those under the age of 24. Our discussion will focus on: - The #transformativeimpact of #sustainableFinance on #Africa’s future; - Promoting resilience, #inclusivity and #prosperity; - Mobilizing resources for #infrastructuredevelopment; - Innovative #financialsolutions aligned with social and environmental goals; - Inclusive financial strategies and responsible investment practices Don't miss this opportunity to engage in a forward-thinking dialogue aimed at shaping a more prosperous, equitable and sustainable future for Africa through collective exploration and collaboration. Click this link to register: https://lnkd.in/d34Ftx65 For virtual attendance, follow the link; https://lnkd.in/dXCmE4wr

UN Report Charts Path Towards Just and Sustainable Transition in Africa Reflecting on the insights from the latest UN Economic Report on Africa, it's clear that investing in a just and sustainable transition is not just necessary but also highly promising for the continent. With its youthful population, abundant renewable resources, and strategic mineral deposits, Africa is uniquely positioned to lead the global sustainability transition. To fully leverage these advantages, Africa needs to focus on holistic development plans that integrate national priorities with global sustainability goals. Strengthening collaborative governance, enhancing human capital, and embracing emerging technologies will be pivotal. Moreover, smart financial strategies and multistakeholder partnerships are essential to drive this transition forward. By adopting these measures, Africa can achieve accelerated, inclusive, and sustainable growth, ensuring a prosperous future that balances economic development with environmental stewardship. Let's continue to engage in this vital conversation and work together towards a sustainable future for all. Feel free to share your thoughts on how we can collectively support this transition! https://lnkd.in/dAMyz4ki #Sustainability #Africa #ClimateAction #GreenEconomy

https://lnkd.in/eefURUkx This report assessed Africa’s progress in implementing the SDGs and the African Union’s Agenda 2063: The Africa We Want, amidst unfolding crises. It focused on five key SDGs, highlighting progress, the challenges and the numerous opportunities for improving Africa’s development prospects.

From 16 – 18 November, conversations at the 2023 #AfricanEconomicConference will centre on efforts to increase sustainable industrialization in #Africa. We’ll unpack: ✅ Better integration into global value chains to boost inclusive growth ✅ Green businesses for rapid social development ✅ Exploring private sector and public-private options for financing sustainable industrialization; and ✅ Boosting domestic African markets and productive capacity to increase self-sufficiency and self-reliance in production of many basic goods and services. Register to join us at #2023AEC: https://bit.ly/3Smfznv #IndustrializeAfrica

The Role of Sustainability in Driving Institutional Investment and Fostering #SouthSouth Cooperation I would like to share with you an interesting article by my friend Brent Barnette, recently published by ETK Group, which delves into the pivotal role of sustainability as a driver for institutional investment in Africa. This insightful piece highlights how the sustainability agenda can act as a catalyst for business growth and job creation across the continent. The core narrative focuses on the transformative potential of the sustainability agenda, not just in attracting significant institutional investments but also in fostering innovative business models and opportunities in areas such as renewable energy, circular economy, sustainable agriculture, and carbon finance instruments. The article outlines the challenges African businesses face in securing financing from institutional investors, including perceived high risks, lack of transparency, regulatory barriers, currency and exchange rate risks, and inadequate infrastructure. Moreover, it emphasizes the need for collaboration among businesses, policymakers, and investors to create a more favorable environment for institutional investor capital in Africa. Discussing the necessity to expand South-South cooperation, particularly with Africa, the piece aligns perfectly with the narrative presented by ETK Group. South-South cooperation provides a platform for sharing knowledge, technologies, and resources, leveraging sustainable growth potential in Africa. This is especially relevant for fostering innovation in sustainability, developing infrastructure, and strengthening local capacities—crucial aspects for attracting institutional investments and overcoming the challenges highlighted in the text. The Green Imperative project can be cited as a prime example of this approach, serving as a bridge between South-South cooperation and sustainable development in Africa. Focusing on sustainable agriculture innovations and renewable energy solutions tailored to local needs and realities, the Green Imperative can help address some of the financing and risk challenges mentioned, promoting a development model that is both sustainable and inclusive. Thus, Brent's article underscores the importance of initiatives like the #GreenImperative within the broader context of South-South cooperation. By concentrating on sustainability, such initiatives directly tackle the development challenges faced by African countries, paving the way for new institutional investment opportunities. This leverages economic growth and innovation in ways that respect environmental boundaries and promote social inclusion. Read the original text here: https://lnkd.in/ddvk44wu #AndeBrazil #SustainabilityInAfrica #InstitutionalInvestment #GreenImperative #SouthSouthCooperation #SustainableGrowth #RenewableEnergyAfrica #CircularEconomy #SustainableAgriculture #ClimateAction #AfricaDevelopment

Driving Sustainable Development Through Green/Sustainable Finance: A Path Forward for Africa. 🍀 🌞 As the world confronts pressing environmental challenges, such as climate change and biodiversity loss, the role of finance in driving positive environmental and social outcomes has become increasingly important. In this context, green finance has emerged as a powerful tool for channeling investment towards environmentally sustainable projects and initiatives, while also promoting economic growth and social inclusion. The importance of green finance is particularly relevant to Africa. The continent is no alien to the effects of climate change, with rising temperatures, erratic rainfall patterns, and extreme weather events posing significant challenges to livelihoods, ecosystems, and economic stability. Moreover, Africa's rapidly growing population and urbanization trends place additional pressure on natural resources and infrastructure, exacerbating environmental degradation and social inequality. This offers a unique opportunity for African countries to pursue low-carbon, climate-resilient development pathways. By attracting investment in clean energy, sustainable agriculture, green infrastructure, and eco-friendly technologies. African nations can unlock new sources of economic growth, create employment opportunities, and improve the quality of life for their citizens. Also, sustainable finance can help address the continent's energy access challenges across some of its regions, by expanding renewable energy deployment and enhancing energy efficiency in off-grid and underserved communities. However, realizing the full potential of green finance in Africa requires a concerted effort to strengthen environmental, social, and governance (ESG) compliance standards. ESG considerations are integral to assessing the sustainability and impact of investment projects, as they encompass a broad range of factors related to environmental diligence, social responsibility, and corporate governance practices. In this regard, African governments, financial institutions, and businesses must prioritize ESG integration across their operations, policies, and decision-making processes. These key ESG compliance requirements include: 1. Environmental Impact Assessment. 2. Social Inclusion and Community Engagement. 3. Corporate Governance and Transparency. 4. Climate Risk Management. 5. Sustainable Supply Chain Management. In conclusion, green financing holds immense potential to spur sustainable development in Africa, by aligning financial flows with environmental and social priorities. African stakeholders can unlock new opportunities for inclusive, resilient, and environmentally responsible growth through the institutionalization of this concept to build a brighter, more sustainable future for Africa and beyond. #GreenFinance #SustainableDevelopment #ESG #Africa #ClimateAction #ImpactInvesting #FinancialInclusion #Sustainability #ClimateResilience