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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.
GBCSA head of technical Georgina Smit. 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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