BizNews Radio

In a dynamic the Roundtable 'Passing the Baton', youth climate activists and practitioners from across the world engaged in a deep dive discussions about adaptation, resilience and loss and damage. At a science focused session entitled "The Sharm El-Sheikh Adaptation Agenda: An Opportunity to Accelerate the Transformation to Resilience", Mahmoud Mohieldin, the UN Climate Change High Level Champion for Egypt, stressed the importance of the role of science in reaching solutions to major challenges such as debt reduction and debt swap for investment in nature as well as adaptation and resilience problems.

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The Alliance aims to raise up to $500 million of early-stage project preparation and development capital. Goal: boost project bankability and generate up to $10 billion in investment opportunities for the private sector. The African Union, the African Development Bank Group and Africa50—in partnership with several global partners—have launched the Alliance for Green Infrastructure in Africa (AGIA), an initiative to help scale and accelerate financing for green infrastructure projects in Africa. The collaborating global partners working with the African Union, African Development Bank and Africa50 are the European Investment Bank, the European Bank for Reconstruction and Development, the French Development Agency, The Rockefeller Foundation, the US Trade and Development Agency, the Global Center on Adaptation, the Private Infrastructure Development Group, and the African Sovereign Investors Forum

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Imperial understands that in order to become a purpose driven organisation that creates sustainable long term value for all stakeholders the company must prioritise people, planet and profit. The company is increasing its investment in sustainable integrated ESG practices across their operations as a strategic pillar.

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In this sobering yet hopeful discussion, DA leader John Steenhuisen explains why his party is redoubling its efforts to secure devolution of power from Pretoria to provincial governments - what it will mean in practical ways and how it differs from the approach of Cape secessionists. In this wide ranging interview he also looks ahead to December's ANC Elective Conference; shares the back story of Thabo Mbeki's re-entry onto the political stage; explains lessons learnt by political parties in the "coalition school"; and provides insight into the DA's plan for 2024 which aims at ensuring the ANC is ejected from power in Gauteng, KZN, the Free State - and Parliament itself. He spoke to Alec Hogg of BizNews.

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The transformation of agri-food systems is a key focus at COP27. The climate convention will see local, national and global actors including farmers and youth convening to seek solutions on transforming agri-food systems to make them more efficient, inclusive, resilient and sustainable and make sure that no one is left behind in the efforts to eradicate hunger and malnutrition. Climate change cannot be fully addressed without building food systems that nourish both people and planet. Infarm provides a sustainable solution to feed a growing population in a way that is far more flexible in the face of climate uncertainty, food insecurity and supply chain disruption. Suds Sarronwala is the Chief Impact Officer at Infarm.

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Capetonian barista Phuti Mmotla has scooped the top prize in this year’s Starbucks best barista in EMEA competition held in Milan in Italy. It was Kenyan coffee, his skill in latte art and a signature cold brew that impressed the judges. Mmotla told BizNews about the experience of going to Starbucks Milano Roastery and how childhood memories of cookies and milk gave him the idea for his signature cold brew. From a background where he mostly drank tea, Mmotla fell in love with coffee when he started working in Cape Town for Rand Capital Coffee, the Starbucks licensee for sub-Saharan Africa, as a partner. And if you ever wondered how baristas draw those nifty little pictures in your latte, he reveals how it is done. – Linda van Tilburg

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Nicholas Woode-Smith recently wrote an opinion piece questioning whether a future ANC-DA coalition isn't only possible but pragmatic, considering the recent instability in multi-party coalitions. In a broad-ranging interview with BizNews correspondent Michael Appel, the author, political analyst and economic historian expands on the state of the ANC, DA, EFF, and ActionSA, in contemporary politics with a view towards the 2024 national elections. Woode-Smith says the future political landscape of the country hinges a lot on the internal dynamics of the ANC as Ramaphosa fights for a second term as party president, while former president Thabo Mbeki seems to have found his voice. Meanwhile, the ANC's radical economic transformation faction is readying for a fight come December's elective conference. The failure of the ANC to come to some agreement with the EFF around the mayoral position in Ekurhuleni - which saw the DA's Tania Campbell return as mayor - spells good things for those South Africans perturbed by the possibility of that "unholy alliance".

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The level of attendance here at COP27 really talks to the serious commitment that is being put on the table from both the private and public sector. We are also seeing substantial financial commitments being made. Shameel Joosub joins us on Day 5 of COP27.

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With over 175 000 people having viewed the recording of his keynote address at BNC#4, political scientist RW Johnson has become something of a YouTube 'rock star'. His unique brand of considered, rational analysis is prized among those South Africans prefer brutal honesty about those who govern them. In this interview with Alec Hogg of BizNews, he provides perspective on 80 year old Thabo Mbeki's political comeback; next month's crucial ANC Elective Conference; and likely coalitions after South Africa's watershed National Election in 2024. As expected, it's another RWJ tour de force.

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As leading funder of renewable energy in South Africa, Nedbank is focused on delivering positive change through the products and services it offers to it's clients. Arvana Singh Head of Sustainable Finance Solutions at Nedbank Corporate and Investment Banking joins us on Finance Day at COP27 in Egypt.

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