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Alt Tag: ESG news regarding Africa House Unveils $50B Plan, Court Blocks DOGE’s SSA Access, GB Energy Invests £200M in Solar,JetZero & Altair Cut Aviation Emissions

For economic growth Africa launches $50B Investment Plan

Africa House Ignites $50B for Africa’s Future

Driving Africa’s Economic Transformation Through $50 Billion in Sustainable Investments, Innovation, and Global Collaboration

Sejal JainbySejal Jain
March 21, 2025
in Business, ESG News, Sustainable Finance
0

Today’s ESG Updates

  • Africa House Launches $50B Investment Plan – 50 by 35 Initiative aims to mobilize $50B for sustainable energy, infrastructure, and entrepreneurship.
  • Court Blocks DOGE’s SSA Data Access – Judge rules DOGE unlawfully accessed SSA records, ordering data deletion in a major privacy win.
  • GB Energy’s £200M Solar Project Begins – £200M investment in solar panels for schools and hospitals to cut energy costs and boost security.
  • JetZero & Altair Advance Sustainable Aviation – Blended-wing aircraft optimized with Altair’s tech to cut emissions by 50%, first flight in 2027.

Africa House unveils bold $50 billion vision to transform Africa’s economic future

Africa House, co-founded by Mamadou Toure, is driving Africa’s economic transformation by amplifying voices and fostering action. At WEF, Toure highlighted the 50 by 35 Initiative, aiming to mobilize $50 billion in sustainable investments by 2035. This initiative seeks to de-risk investments through public-private partnerships, ESG-aligned capital, and infrastructure development. With Africa’s youth workforce expanding, Africa House is creating opportunities in renewable energy, digital infrastructure, and entrepreneurship, ensuring sustainable and inclusive growth across the continent. Companies aiming to align with sustainable conditions can do so with ESG solutions. 

***

Further reading: Africa House: Unlocking Institutional Investment for Africa’s Future


Court blocks Musk’s DOGE from accessing millions of Americans’ private data

A federal judge ruled that Elon Musk’s Department of Government Efficiency (DOGE) unlawfully accessed millions of Americans’ private Social Security data, violating privacy laws. The SSA granted DOGE unfettered access, prompting lawsuits from labor unions and advocacy groups. The court ordered DOGE to delete the data, calling its actions a reckless fishing expedition. The White House defended the move, while critics hailed the ruling as a win for data privacy and government accountability.

Photo Credit: wikimedia commons

***
Further reading: Judge stops Musk’s team from ‘unbridled access’ to Social Security private data


GB Energy launches £200M solar project to cut costs for schools and hospitals

GB Energy will invest £200 million ($260 million) in solar panels for schools and hospitals, marking its first major project since its launch in October. The initiative aims to lower energy bills and support public services amid rising costs. £80 million is allocated for schools and £100 million for hospitals, with installations starting this summer. Energy Minister Ed Miliband emphasized the project’s role in reducing costs and enhancing energy security across Britain.

Photo Credit: wikimedia commons

***

Further Reading: UK to invest $260 million on solar panels for schools and hospitals 


JetZero and Altair propel aviation into a sustainable, fuel-efficient future

JetZero, developer of the world’s first blended-wing body airplane, has partnered with Altair to revolutionize aviation. Their fuel-efficient, aerodynamic design cuts emissions by up to 50% while reducing noise pollution. Using Altair’s FlightStream software, JetZero optimizes performance and lowers development costs. With a first full-scale flight planned for 2027, the Z4 aircraft promises a spacious, sustainable, and quieter future for air travel, marking aviation’s biggest leap since the jet age.Companies can further improve sustainable financing through ESG tools. 

Photo Credit: wikimedia commons

***

Further reading: JetZero, Altair to Decarbonise Aviation With Blended Wing Airplanes


Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Ninno JackJr

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