To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties.

JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, and notes a significant improvement over the past decade, though it is not without its challenges.

The Southern African Development Community (SADC) energy ministers have approved the establishment of the SADC Centre for Renewable Energy and Energy Efficiency (SACREEE).

Energy Minister Ben Martins said that adequate supply remains a key concern for electricity and liquid fuels.

South Africa, with its vast renewable energy resources such as solar power, has the potential to become one of the world’s fastest growing economic hubs, according to Deputy President Kgalema Motlanthe.