Sustainable Finance Awards 2025 Highlight Africa's Key Players

Africa's population is projected to double by 2070, with significant challenges in access to electricity and basic sanitation, affecting hundreds of millions. In response, various African banks are prioritizing sustainable finance solutions to address these gaps, as highlighted by the Absa Africa Financial Markets Index 2024, which shows improvements in sustainability metrics among 29 countries. Banks have facilitated approximately $11.9 billion in sustainability-linked loans and bonds aimed at promoting renewable energy and social equity. Meanwhile, the Global Fund to Fight AIDS, Tuberculosis and Malaria has effectively mobilized resources since its inception, saving millions of lives and improving health system access globally. The Finance in Common Summit seeks to enhance collaboration among global leaders and development banks to further sustainable finance initiatives. Overall, the emphasis is on leveraging financial strategies to foster sustainable growth and address pressing social challenges.