Africa

IFC urges banks to increase lending for sustainable buildings

He pledged GhIS’ continuous advocacy towards enhancing policies and educating the public on the benefits of green buildings, including water and energy conservation, minimised waste and pollution, as well as improved indoor air quality and occupants’ health. The Designing for Greater Efficiency (DfGE) certificate programme provided practical tools to help building professionals measure and reduce IFC urges banks to increase lending for sustainable buildings

Workable Becomes First Co-Working Space in East and Central Africa to Receive IFC’s Global Green Building Certification

Workable, a premium co-working space provider based in Nairobi, has made history as the first in East and Central Africa to receive the prestigious EDGE (Excellence in Design for Greater Efficiencies) certification from the International Finance Corporation (IFC). This milestone places Workable among a select group of buildings globally recognized for their eco-conscious design, efficient Workable Becomes First Co-Working Space in East and Central Africa to Receive IFC’s Global Green Building Certification

Kenya attains key milestone in sustainable buildings

Kenya has reached a milestone of one million square metres of green-certified floorspace, saving energy and water and reducing harmful emissions. Through modifications and designs that allow for large-scale energy efficiencies, the Excellence in Design for Greater Efficiencies (EDGE)-certified structures will offset 9,000 tonnes of carbon annually across the country, equivalent to taking 2,000 cars Kenya attains key milestone in sustainable buildings

Ghana Green Building Summit 2025 convenes national and international stakeholders

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

Sanwo-Olu to inaugurate LGS2 Data Centre by Rack Centre

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

International Finance Corporation Names Access Tower “Green Building”

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”

From outputs to tangible impacts: ESG Impact Investing Summit points the way

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

Ministry, council partner to boost housing climate resilience

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

Access Bank receives IFC EDGE certification

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

Ethiopia’s first green hospital sets sustainability benchmark

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

Ethiopia’s First World Bank IFC-Accredited Green Hospital: Roha Medical Campus Sets New Standard in Sustainable Healthcare

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.

Alley Roads and Blue Energy Africa announces unique hybrid power solution for Meyerton’s first mall

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

Third IFC EDGE students design competition concludes in Ghana, promoting sustainable architecture

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

Tinath, OYSHC to deliver 343 green buildings in Ibadan

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.

Acorn to retire its Sh5.7bn green bond earlier than maturity date

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.

IFC’s Strategic Investments Propel Egypt’s Economic Growth In FY23, Beyond

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 CIB concludes its first property and sustainable finance deal in Côte d’Ivoire

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

Property developers adapt green building

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 co-operative bags IFC certification

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

Scaling standards in Nigeria’s green building adoption

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

IHS Breaks Ground On Green Housing Project In Tilisi

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.

Inclusive urban devt, circular economy in focus as GBCN, IFC EDGE host summit

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

Kenyan Real Estate Company Receives Ksh24 Billion for Green Student Housing Project

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

GBCN, IFC EDGE to Co-host 2nd Future Cities-Africa Green Building Summit

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 warehouse obtains EDGE certification

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.

Why the building sector needs a ‘make do and mend’ mentality

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

Capricorn gets international green building certification

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

Novare partners with IFC on green building initiative

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

NIGERIA: InfraCredit’s premises in Lagos certified « EDGE »

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.

World’s largest museum captured ahead of opening in Egypt

The long-awaited Grand Egyptian Museum by Dublin studio Heneghan Peng Architects has been captured ahead of its scheduled opening in Giza, Egypt, later this year. In the photos shared by the International Finance Corporation (IFC), the colossal building, also known as the Giza Museum, is framed against the Pyramids of Giza.

Environmental Experts Mull Green Affordable Housing Finance

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.

Nairobi County governor’s office becomes first EDGE certified government office in Africa

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.

INTERVIEW: IFC supports Egypt’s private sector, climate action plan, says VP for 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

Novare achieves EDGE Champion recognition

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.

Green construction offers business case to cure housing & climate crisis

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.

Homa Bay affordable housing project gets World Bank approval

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

Homa Bay gets World Bank approval for housing project

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

Senegal’s First Green-Built Homes Awarded International Certification

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.

UoN and IFC Partner to Promote Green Building Practices in Kenya

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

Shelter Afrique Roots for Green Buildings in Africa

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.

Shelter Afrique roots for green buildings at Zambia stakeholders training

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

IFC Agrees US$236 Million Green Buildings Loan For South Africa

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

Rack Centre constructs new load data hub for expansion

“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

The WINNING EDGE

“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.”

ALP & IFC commit to promote adoption of green building standards in Kenya

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.

The EDGE advantage

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.

Evercare: Driving Sustainable Healthcare Delivery in Nigeria

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.

Making green housing affordable for all

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?

Win-Win for All: Green Finance for Affordable Housing

Win-Win for All: Green Finance for Affordable Housing [av_one_full first min_height=” vertical_alignment=” space=” custom_margin=” margin=’0px’ padding=’0px’ border=” border_color=” radius=’0px’ background_color=” src=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_display=” av_uid=’av-fa42rtg’] [av_heading heading=’Win-Win for All: Green Finance for Affordable Housing’ tag=’h2′ style=’blockquote modern-quote modern-centered’ subheading_active=” show_icon=” icon=’ue800′ font=” size=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=’15’ av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-medium-font-size-1=” av-small-font-size-1=” Win-Win for All: Green Finance for Affordable Housing