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Absa doubles MIGA agreements to $1bn capital guarantee
Published: 27 Jun 24
Financial services firm Absa has concluded further agreements with the Multilateral Investment Guarantee Agency (MIGA), which is a member of the World Bank Group, freeing up additional financial capacity for investments in Pan-African climate finance projects. In 2019, MIGA issued capital guarantees of $497-million to Absa in support of managing certain risks in countries including Ghana, Kenya, Mauritius, Mozambique, Seychelles, Uganda and Zambia.
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![GBCSA head of technical Georgina Smit.](https://cisp.cachefly.net//assets/articles/images/resized/0001140211_resized_gbcsaheadoftechnicalgeorginasmit1022.jpg) |
Index continues to show value of green buildings in South Africa
Published: 27 Jun 24
Investment services and advisory company MSCI’s South Africa Green Annual Property Index for 2023 shows that green-certified prime and A-grade offices produced a total return of 5.8%, which was 150 basis points above that of non-certified office assets of a similar quality during the year. The index, released in conjunction with the Green Building Council of South Africa (GBCSA) and sponsored by JSE-listed real estate investment trust Growthpoint Properties, continued to support the investment case for sustainable, resource-efficient real estate.
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