Region

As the construction industry faces mounting pressure to reduce its environmental footprint, Ghana is taking decisive steps to promote sustainable building practices.

The African continent is making strides in its sustainable construction journey, spurred by the need to address population growth, rapid urbanisation and climate-related challenges.

Mombasa County has made history as the first sub-national government in Africa to secure EDGE (Excellence in Design for Greater Efficiencies) certification for a portfolio of public buildings, marking a significant milestone in sustainable infrastructure and climate leadership.

Technical insights and IFC EDGE’s impact From the International Finance Corporation (IFC), Paul Kwesi Ocran, Green Buildings Lead, Ghana, delivered an in-depth presentation on the technical dimensions of green building in the country. He underscored the affordability of sustainable design and stressed that green homes should not be limited to high-rise luxury developments. “We should … Ghana Green Building Summit 2025 convenes national and international stakeholders

Standard Bank has successfully closed a $250m seven-year unsecured loan from the International Finance Corporation (IFC), which will bolster efforts to promote sustainable development through green financing.

The LGS2 data centre is the first IFC Edge-certified green data centre in the EMEA region. As a state-of-the-art data centre, it not only boasts enhanced rack capacity and sophisticated cooling systems, reflecting a commitment to technical excellence and operational efficiency, but it also fortifies Nigeria’s data sovereignty, such that data generated, stored, and processed … Sanwo-Olu to inaugurate LGS2 Data Centre by Rack Centre

The Access Tower, the banking headquarters of Access Bank Plc, located in Oniru, Victoria Island, Lagos State, has been certified as a Green Building by the International Finance Corporation (IFC) for excellence in design for greater efficiencies. Access Bank’s dedication to sustainable building techniques and its initiatives to lower energy use, water usage, and embodied … International Finance Corporation Names Access Tower “Green Building”

Move away from outputs and outcomes, towards having a tangible impact, says Sayuri Moodliar, ESG Director at Open Access Data Centres and head of the sustainability function for WIOCC Group. She says: “At OADC, we are also focusing on our green building certifications, so our new data centres will be designed and constructed in accordance … From outputs to tangible impacts: ESG Impact Investing Summit points the way

He reiterated his dedication to sustainability across all policies, programmes, and projects of the ministry, highlighting the ongoing partnership with the International Finance Corporation Green Buildings Programme, which began last year, as a key strategy in achieving these sustainability goals. According to him, “Through the collaboration with IFC-EDGE, a workshop was conducted for all the … Ministry, council partner to boost housing climate resilience

The Minister expressed his dedication to ensuring that sustainability remains a priority in all the policies, programs, and projects of the Ministry, emphasizing the partnership with the International Finance Corporation (IFC -EDGE) Green Buildings Programme which began last year.

Access Bank Ghana has received an International Finance Corporation’s Excellence in Design for Greater Efficiencies certification for its banking headquarters complex in Osu-Accra. The IFC EDGE Green Building certification is a programme to recognise Access Bank’s commitment to sustainable building practices and its effort to reduce energy consumption, water usage and embodied carbon in building … Access Bank receives IFC EDGE certification

The initiative is anchored on World Bank’s International Finance Corporation (IFC) edge programme, a renowned global certification scheme that fosters sustainability skills in professionals.

ETHIOPIA is set to welcome its first green hospital, the Roha Medical Campus (RMC), a $130 million multi-specialty facility under construction in Addis Ababa. The hospital recently achieved a historic milestone, becoming the first healthcare project in Ethiopia to gain accreditation for sustainability under the IFC EDGE (Excellence in Design for Greater Efficiencies) programme. This preliminary certification, … Ethiopia’s first green hospital sets sustainability benchmark

Addis Ababa, Ethiopia – 26th November 2024 – Roha Medical Campus (RMC), a $130 million multispecialty hospital under construction in Addis Ababa, has become the first healthcare development in Ethiopia accredited for sustainability under International Finance Corporation (IFC), a member of the World Bank Group’s, Excellence in Design for Greater Efficiencies (EDGE) program.

As an IFC Excellence in Design for Greater Efficiencies (EDGE) Champion, Alley Roads was cognisant of the significant impact that going nearly off-grid would have on Riverstone Mall’s carbon footprint. The solar and battery installation will save over 4 000 tonnes of carbon dioxide emissions per annum, equating to a total carbon emission savings of more than 80 000 tonnes … Alley Roads and Blue Energy Africa announces unique hybrid power solution for Meyerton’s first mall

The International Finance Corporation (IFC), a member of the World Bank Group, has successfully concluded the Third EDGE Design Students Competition in Ghana, aimed at promoting sustainable design practices and empowering the next generation of designers to contribute to a greener future. The competition, themed “Promoting Affordability and Efficiency through Passive Design,” attracted 90 participants, … Third IFC EDGE students design competition concludes in Ghana, promoting sustainable architecture

The sustainable housing estate designed in line with International Finance Corporation Edge Green Building Specifications will cost N8.5bn. The housing estate project aims to complement the state government’s ongoing upgrading of Ibadan Airport into an international airport and the Ibadan Circular Road project to craft a decent habitat around the Ibadan International Airport corridor.

The bond has received recognition from the Climate Bonds Initiative with all the developments being IFC EDGE certified and the funds achieving GRESB 4-star certification. AHL has also been feted by IFC as an EDGE Champion in Africa for its commitment towards sustainability and green developments.

Recognised by the Climate Bonds Initiative, all developments financed through the bond are IFC EDGE certified, further solidifying AHL’s commitment to sustainable practices. The company has been acknowledged as an EDGE Champion in Africa, reinforcing its leadership in green development.

Dangiwa revealed that the 3,112 Karsana Renewed Hope City and the designs for six other Renewed Hope Cities across Nigeria’s geopolitical zones are undergoing EDGE Green Certification.

Sustainability in Action Tour: The conference will conclude with site visits to East Africa’s first IFC EDGE Green Certified University, Aga Khan University, and Roam Electric’s E-mobility plant, showcasing sustainable practices in action.

All units will have exclusive landscaped gardens and will be developed according to IFC EDGE or EDGE Advanced credentials, making them zero carbon ready, with up to 40% or more on-site energy savings compared to conventional building methods.

All units will have landscaped gardens and be developed according to IFC EDGE or EDGE Advanced credentials, making them zero-carbon ready. This will result in 40% or more of on-site energy savings compared to conventional building methods.

Green Buildings: With support from our longstanding development partners at the Swiss Secretariat for Economic Affairs (SECO), IFC partnered with the Housing and Building Research Center (HBRC), the green building arm of the Ministry of Housing, Utilities, and Urban Communities, to enhance the ecosystem of green buildings in Egypt, through policy reform initiatives, capacity building … IFC’s Strategic Investments Propel Egypt’s Economic Growth In FY23, Beyond

Nedbank Corporate and Investment Banking (CIB) has announced its first property and sustainable finance transaction in Côte d’Ivoire (Ivory Coast) and its expansion into the West African market. The deal involves a €18.5 million sustainability-linked term loan and revolving credit facility in collaboration with HC Capital Properties, sponsor of Cosmos Yopougon shopping mall, a flagship development … Nedbank CIB concludes its first property and sustainable finance deal in Côte d’Ivoire

As more green buildings enter the market, the overall standard for property development is expected to rise. This will likely lead to increased competition among developers to achieve higher sustainability standards and certifications.

TotalEnergies Staff Housing Cooperative Multipurpose Society Limited, Louisville Mixed-Use Development, has been awarded two excellences in design for greater efficiency certifications by the International Finance Corporation. In a statement, the co-operative said the accolades, awarded at the Future Cities—Africa Green Building Summit co-hosted by the Green Building Council Nigeria, underscored Louisville’s commitment to sustainability and … TotalEnergies co-operative bags IFC certification

Michelle Farrell, a Senior Operations Officer at the International Finance Corporation, believes there’s the need to connect finance to eligible green building projects in Nigeria as stakeholders move to drive green adoption in the property market. In a chat with CNBC Africa, Farrell stresses that a favourable environment can help spur adoption of green building … Scaling standards in Nigeria’s green building adoption

Mr. Mayavi added that Muzi Salama will incorporate the International Finance Corporation’s (IFC) EDGE green building standards that encourage intelligent design, from the project’s conception, construction, and operation phases which minimise energy and water use to the benefit of the environment and the homeowner.

When building industry and environmental sustainability stakeholders gather in Lagos for a summit to be hosted by Green Building Council Nigeria (GBCN) and International Finance Corporation (IFC) EDGE, inclusive urban development and circular economy will be the focal point of discussion. The summit, known as Future Cities-Africa Green Building Summit 2.0, will be hosted by … Inclusive urban devt, circular economy in focus as GBCN, IFC EDGE host summit

Absa Bank Kenya has enlisted the help of International Finance Corporation (IFC) to weed out greenwashing projects in its climate financing portfolio.

Green houses are residential properties licensed to cut back water, vitality and/or materials consumption below an eligible inexperienced constructing certification program, together with IFC’s Edge. Green residence loans are used to finance the acquisition of houses that meet equal inexperienced constructing requirements.

Green homes are residential properties that are certified for reducing water, energy, and or materials use under an eligible green building certification program, including IFC’s EDGE. Green home loans are used to finance the purchase of houses that meet equivalent green building standards.

A real estate development company has received a Ksh24 billion ($180 million) loan to facilitate the construction of an affordable student housing project in Kenya. According to the United States fact sheet on Kenya’s winnings from President Ruto’s State visit, the deal was sealed recently and would facilitate the development of the complex through sustainable means. “The … Kenyan Real Estate Company Receives Ksh24 Billion for Green Student Housing Project

In fostering action towards climate resilient urban development, Green Building Council Nigeria (GBCN) and International Finance Corporation (IFC), through its EDGE Green Buildings and Building Resilience Index programs, announce the Future Cities – Africa Green Building Summit 2.0 from 16th to 19th July 2024 at Lagos Oriental Hotel, Victoria Island, Lagos. The Summit is hosted in collaboration … GBCN, IFC EDGE to Co-host 2nd Future Cities-Africa Green Building Summit

LMI Holdings’ Mega Warehouse has received the International Financial Corporation (IFC) EDGE Green Building Certification, making it the first warehouse in the country to receive this certification. EDGE Certification recognises businesses that demonstrate a commitment to sustainable practices and show leadership in green initiatives within their industry.

New tools and strategies are emerging to meet the growing demand for retrofit. EDGE is an international green building certification scheme , opens new tabdeveloped by International Finance Corporation, the commercial arm of the World Bank, and it has developed a software tool that allows developers to assess whether a project design meets the standards required to … Why the building sector needs a ‘make do and mend’ mentality

he Capricorn Corner building, Capricorn Group’s state-of-the-art office facilities, received an EDGE advanced green building certification from the International Finance Corporation (IFC), the private sector arm of the World Bank Group. The certification, presented by EDGE certification partner – Green Business Certification Inc. (GBCI), marks the first internationally recognised operational building to be EDGE-certified in … Capricorn gets international green building certification

This collaboration builds upon Novare’s previous accolades, including the award of “Champion” status by IFC’s EDGE initiative in October last year. EDGE, which stands for Excellence in Design for Greater Efficiencies, is a green building certification system developed by IFC. Used in more than 140 countries, EDGE helps developers and investors design and certify resource … Novare partners with IFC on green building initiative

Good news for the world of eco-construction. Nigeria’s Infrastructure Credit Guarantee Company (InfraCredit) has just been awarded Excellence in Design for Greater Efficiency (EDGE) certification by the International Finance Corporation (IFC), the private sector financing arm of the World Bank Group.

Beyond its 12 MW IT load, our new facility in Oregun, Ikeja, represents a significant advancement in data centre technology and power efficiency. The latter is relevant as the new facility drives our sustainability agenda, being the only IFC Edge-certified facility for its green building design in the EMEA region.

In this interview with Afrik21, Cheick-Oumar Sylla, Director of North Africa and the Horn of Africa at the International Finance Corporation (IFC), and her colleague Lenore Cairncross, Head of Green Building, discuss the advances and challenges facing this sector on the African continent since the launch of EDGE certification.

Dans cette interview accordée à Afrik21, Cheick-Oumar Sylla, le directeur Afrique du Nord et Corne de l’Afrique de la Société financière internationale (SFI) et sa collègue Lenore Cairncross, responsable de la Construction écologique reviennent sur les avancées et les défis de ce secteur sur le continent africain depuis le lancement de la certification EDGE.

The workshop focused on the role and potential of guarantees to unlock local lending for green-certified affordable housing construction and related offtake, targeting previously unreached groups under the Green Affordable Housing Finance (GAHF) framework and IFC EDGE’s Green Certification Programme.

KGBS Chief Executive Nasra Nanda stressed the importance of enabling green affordable housing projects The meet further focused on the role and potential of guarantees to unlock local lending for green-certified affordable housing

El Gran Museo Egipcio (GEM) ha conseguido el certificado EDGE Advanced, un acta de sustentabilidad ambiental emitido por el Banco Mundial, por la eficiencia energética y el tratamiento de aguas residuales que lo convierte en el “primer museo verde en África y Medio Oriente”, según fuentes oficiales.

Cairo, Egypt, February 19, 2024 – IFC today awarded the Grand Egyptian Museum (GEM) with the EDGE Advanced Green Building Certification, making the museum the first in Africa and the Middle East, and one of a handful worldwide, to receive the certification.

Kenya Green Building Society (KBGS), the Financial Sector Deepening Africa (FSD Africa), and the International Finance Corporation (IFC) announced that Governor Johnson Sakaja’s office has achieved IFC’s EDGE green building standard. This achievement marks the Nairobi City County Governor’s office as the first EDGE-certified green government office building in Africa.

Green buildings: With support from our longstanding development partners at the Swiss Secretariat for Economic Affairs, the IFC partnered with the Housing and Building Research Centre, the green building arm of the Ministry of Housing, Utilities, and Urban Communities, to enhance the ecosystem of green buildings in Egypt, through policy reform initiatives, capacity building of public … INTERVIEW: IFC supports Egypt’s private sector, climate action plan, says VP for Africa

The International Finance Corporation (IFC), the private sector arm of the World Bank, in partnership with the Green Building Council of South Africa (GBCSA) have honoured three winners in its Women in Green Building Competition.

Novare Group (Novare), the investment solutions provider with a property portfolio across the African continent, has achieved EDGE Champion status from the International Finance Corporation (IFC), the private sector arm of the World Bank due to its commitment to EDGE certifying 100% of its building portfolio.

The 8 Champions are property developers, a real estate investment trust (REIT), and property funds from South Africa, Kenya, Côte d’Ivoire, and Mauritius, with portfolio projects spanning across Africa. IFC EDGE certification has the goal of reducing the environmental impact of buildings in three areas: energy, water, and material efficiency.

Africa is set to witness an unprecedented building boom with 70 per cent of the world’s population expected to live in urban cities by 2050. According to the International Finance corporation, it presents an enormous opportunity for urban cities to turn to green buildings. CNBC Africa spoke to IFC Country Manager, Amena Arif for more.

The Homa Bay NHC Affordable Housing Programme project has received international approval for its environmentally friendly building strategies. The project, which is being undertaken by the National Housing Corporation, has been awarded the EDGE Certification by the International Finance Corporation; a member of the World Bank Group. The accomplishment has been attributed to a collaborative … Homa Bay affordable housing project gets World Bank approval

The Homa Bay National Housing Corporation (NHC) Affordable Housing Programme project has received international approval for its environmentally friendly building strategies. The project being undertaken by NHC, which is the lead implementer of the government’s Affordable Housing Programme projects, has been awarded the Edge certification by the International Finance Corporation, a member of the World … Homa Bay gets World Bank approval for housing project

Representatives from the International Finance Corporation (IFC), and two South Africa property developers last week visited innovative affordable housing projects in Johannesburg being certified by Edge, the green building certification developed by the IFC, the private sector arm of the World Bank.

DAKAR, SENEGAL, September 25, 2023 / EINPresswire.com / — The World Bank Group and the Government of Senegal, in partnership with the City Climate Finance Gap Fund, today awarded the EDGE green building certification to Senegalese property developers, Teyliom and Duo Real Estate for the first six sustainable housing developments to be built in the country.

The University of Nairobi (UoN) and IFC, a member of the World Bank, today signed a partnership to increase awareness of green building design among university students and professionals and help drive the adoption of sustainable and environmentally friendly construction practices in Kenya. Under the partnership, IFC will train UoN faculty on delivering courses to … UoN and IFC Partner to Promote Green Building Practices in Kenya

“There is a virtuous cycle available to us,” the governor said, adding that Nairobi City County has completed a preliminary IFC EDGE building assessment of his office, which they intend to certify in time for COP 28, “to make it the first IFC EDGE Green Government Building in Africa, if not the world.” Excellence in … Green Construction Crucial For Achieving Climate Goals

As an IFC EDGE Champion, and the first company internationally to receive EDGE Version 3 certification, Alleyroads’ apartments have been designed to meet IFC’s EDGE Advanced green building standards, making them zero carbon ready and among the first residential units in sub-Saharan Africa that will achieve such a high level of resource efficiency.

Ecobank Ghana has received EDGE certification for its  magnificent state-of-the-art Head Office building in Accra, across the Independence Avenue from Afua Sutherland Children’s Park.

The Standard Bank Group, parent company of Stanbic Bank Ghana has successfully closed a $250 million sustainable term loan. The facility, concluded with the International Finance Corporation (IFC), marks another significant step towards entrenching Standard Bank’s sustainability commitments.

Shelter Afrique Managing Director, Thierno Habib Hann, said Shelter Afrique shares the goal of fostering sustainable and responsible housing practices for a more resilient future. He made these remarks at the Zambia EDGE Discovery Workshop – organized by Shelter Afrique, in partnership with IFC EDGE and the Ministry of Infrastructure, Housing, and Urban Development, Zambia.

Lusaka, Zambia – Pan African housing development financier, Shelter Afrique, has implored stakeholders in the built environment to put more emphasis on addressing climate change, describing it as “one of the most pressing challenges of our era.”

Speaking at the Zambia EDGE Discovery Workshop – organized by Shelter Afrique Centre of Excellence (CoE), in partnership with IFC EDGE and the Ministry of Infrastructure, Housing, and Urban Development, Zambia – Shelter Afrique Managing Director, Thierno Habib Hann, said the company shares the goal of fostering sustainable and responsible housing practices for a more … Shelter Afrique roots for green buildings at Zambia stakeholders training

Under the deal inked on 31 July, the IFC will provide a loan of up to ZAR4.5 billion (US$236 million) to support Absa’s strategy to expand its green buildings finance portfolio, which includes providing funding for developers and mortgages for individual home buyers. Absa will use the loan to finance green buildings certified under the IFC’s … IFC Agrees US$236 Million Green Buildings Loan For South Africa

Egypt – The Commercial International Bank (CIB), Egypt’s leading private sector bank, has announced that NEWGIZA for Basic Infrastructure and Educational Services (NGU), one of NEWGIZA’s companies, obtained the IFC’s EDGE Advanced green building certification, as part of CIB’s Sustaining Sectors Programme.

“Rack Centre became the first International Finance Corporation (IFC) EDGE-certified data centre in Europe, the Middle East and Africa. Officially making this the first Green Certified Data Centre in Africa and the most connected facility in the region, according to its Peering DB ranking. “With this expansion, Rack Centre would have a net let- table … Rack Centre constructs new load data hub for expansion

We also made significant progress on our Purple Lekki and Urban developments. Purple Lekki in particular took huge leaps towards completion as the team sets course for delivery of the retail portion of this landmark mixed-use asset. We expect to complete Purple Lekki, the first IFC EDGE-certified mixed-used building in Nigeria, by mid-year 2023 and … Purple Group reports 385.4% growth in gross earnings

“For a building to qualify for EDGE Advanced Certification, it needs to achieve a minimum of 40% savings in energy, and 20% in water and materials,” says Iphendule Ndzipho, architectural and sustainability consultant at ecocentric. “This goes beyond the 20% in all three categories that is required for the Standard Certification.”

Africa Logistics Properties (ALP) and the International Finance Corporation (IFC) are partnering to accelerate the adoption of green building practices through the promotion of voluntary green building certification programs based on the World Bank’s Excellence in Design for Greater Efficiencies (EDGE) standards.

ALP says this will be done by promoting voluntary green building certification programs based on World Bank’s Excellence in Design for Greater Efficiencies (EDGE) standards.

Africa Logistics Properties (ALP) and the International Finance Corporation (IFC) are partnering to accelerate the adoption of green building practices.

Africa Logistics Properties (ALP) and the International Finance Corporation (IFC) have partnered partnering to accelerate the adoption of green building practices. This will be through the promotion of voluntary green building certification programs based on the World Bank’s Excellence in Design for Greater Efficiencies (EDGE) standards.

Richard Hough, CEO, Africa Logistics Properties, welcomes Moses Kuria, Cabinet Secretary for Trade Investment and Industry, to ALP West in Limuru for the official opening of Phase 4

The EDGE programme, which receives significant funding from the UK Government and Swiss State Secretariat for Economic Affairs (SECO), helps to identify the most practical ways to build green. It helps to build in a fast, easy and affordable way while considering the local baseline, which includes building codes, climatic data and typical utility costs.

EDGE, which receives significant funding from UK Government and Swiss State Secretariat for Economic Affairs (SECO) helps to identify the most practical ways to build green in a fast, easy and affordable way while considering the local baseline, which includes building codes, climatic data, and typical utility costs.

Within the real estate space, DFI’s in particular the IFC, are responding to the call to deliver affordable sustainable developments and have established proprietary tools including EDGE, READ and ASHA

The International Finance Corporation (IFC), on October 6, 2022, announced the winners of the EDGE Green Building Challenge at an Awards Night at the Labadi Beach Hotel in Accra.

Actis stressed that all assets in the portfolio would attain a minimum standard of IFC Edge certification, while NREIF would acquire and manage real estate assets across a range of sectors, including retail, office, industrial, education and healthcare.

The Ghana Infectious Disease Centre, a private sector-driven facility, built in response to the Covid-19 pandemic, has Thursday, received certification from the International Finance Corporation (IFC) Excellence in Design for Greater Efficiencies (EDGE) green building program.

Evercare Hospital Lekki is leading a shift towards sustainable medical care to stay ahead of the curve in Nigeria’s healthcare industry. Located in Lagos, Nigeria’s economic nerve center, the 165-bed multispecialty tertiary care facility has resource efficiency in its design and operations.

To realise its sustainability objectives, Evercare Hospital leveraged the many benefits of EDGE to engineer a facility that provides the highest healthcare standards without wasting resources.

The International Finance Corporation (IFC) has announced a R325 million loan to residential property developer, Alleyroads, to build 1 000 plus rental apartments in Johannesburg.

Kenya’s first Green Bond by Acorn Holdings Limited has won the Most Innovative Bond accolade at the Europe, Middle East, and Africa (EMEA) Finance 2021 Awards.

More than $5 million is being saved annually in utility costs throughout Kenya because of green building modifications and designs that allow for large-scale energy efficiencies, why is this important?

Evercare Hospital, Lekki, Lagos has made history as the first hospital in Nigeria to receive Final EDGE Certification as a resource-efficient and environmental- friendly designed building health  care project.

Evercare Hospital has made history as the first hospital in Nigeria to receive final EDGE certification as a resource-efficient and environmentally friendly designed building healthcare project.

Evercare Hospital Lekki has made history as the first hospital in Nigeria to receive Final EDGE Certification as a resource-efficient and environmentally friendly designed building healthcare project.

Absa Bank Kenya has received the International Finance Corporation’s (IFC) Excellence in Design for Greater Efficiencies (EDGE) global Certification for integrating green building technologies in accordance with global standards.

IFC and Equilibrium Partners have announced the EDGE certification of The Genesis Residences, a multi-unit residential development, which also happens to be the former home of Theodosia Salome Okoh who designed Ghana’s national flag.