Africa

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.