The African Development Bank's new $3bn Fight Covid-19 Social Bond is the largest dollar-denominated social bond ever launched in international capital markets to date, and the largest US dollar benchmark ever issued by the bank. With a three-year maturity, it will pay an interest rate of 0.75%.
23 hours ago
There will be few positives to take from coronavirus. But the global pandemic may yet prove to be an important moment in the attempts to address the illegal wildlife trade.
Simon Evans 27 Mar 2020
In a 2015 TED Talk, following the containment of the Ebola virus in West Africa, philanthropist and Microsoft cofounder Bill Gates warned that "failure to prepare could allow the next epidemic to be dramatically more devastating".
26 Mar 2020
With regard to the impact of the Covid-19 virus on global business, it is fair to say that in the quest to find socio-economic solutions to pandemic threats, we are witnessing change-management on a globally unprecedented scale. Many organisations are needing to implement measures at many touchpoints at very short notice. It is scary, challenging and demanding.
Bizcommunity.com 25 Mar 2020
Policymakers in countries where there are severe outbreaks of Covid-19 are doing what they can to slow the spread and "flatten the curve." But so far, there hasn't been much global coordination, raising the risk of a second wave of contamination even after individual countries halt the virus' advance.
Nader Habibi 25 Mar 2020
How do you respond to a crisis? It's obvious that the response to the Covid-19 pandemic has been dramatically different to anything provoked by repeated scientific warnings about climate change. The many organisations that declared climate emergencies throughout 2019 and 2020 have so far enacted nothing like the scale and speed of action to limit the spread of coronavirus.
Simone Abram 24 Mar 2020
Suppose you had the choice between two health policies, A and B. Policy A would result in the death of a lot of elderly people. Policy B would result in the death of a lot of children, especially infants. Which would you choose?
Alex Broadbent and Benjamin T H Smart 23 Mar 2020
The first in a series of masterclasses held at AFI Fashion Week Cape Town this past week tackled the topic of sustainability in the local fashion industry. Hosted by Jackie May, the founder and editor of Twyg Magazine, the panel focused on our ability to sustain ourselves, sustain the livelihoods of others, and sustain the planet.
18 Mar 2020
The Radisson Hotel Group is set to launch a global roll-out plan of plastic reduction - including the introduction of bulk amenities in all hotels across the group's portfolio by 2022. The group will implement bulk amenity dispensers across all brands by the beginning of 2022, replacing small bottles for common bathroom products. This action will remove 57 million miniature amenities from circulation, avoiding the use of almost 500 tons of plastic annually.
11 Mar 2020
With confirmed cases of Covid-19 in Algeria, Senegal, Nigeria and South Africa, the World Health Organization (WHO) is changing from a readiness to a response mode in the African region.
6 Mar 2020
The numbers are astronomical: to make one pair of jeans, it takes close to 8,000 litres of water - the amount a person drinks over seven years. Even a simple cotton shirt requires close to 3,000 litres of water. Within 10 uses, these jeans and shirts will be discarded for newer, trendier items, contributing to the 21 billion tonnes of textiles sent to landfills per year, according to the UN Economic Commission for Europe.
Pavithra Rao 5 Mar 2020
Namibian food manufacturer Caterserve, which produces over 1,000 bottles of tomato sauce and mayonnaise daily, has installed a 200kW battery-solar off-grid system, allowing the manufacturer to go completely off-grid. Caterserve now runs 100% off solar power 24 hours a day and has been able to increase its production capacity.
2 Mar 2020