Ruto Sustains Push for Debt Restructuring to Aid Development, Climate Action
President William Ruto has sustained push for debt restructuring for poor nations to promote meaningful development and support climate action initiatives. According to the International Monetary Fund (IMF) data as [...]
Organizations Rally Banks to Fund SMEs in Clean Cooking Initiatives
Organizations led by the Kenya Bankers Association (KBA) and Africa Guarantee Fund (AGF) are rooting for more funding to Small and Medium Enterprises (SMEs) in clean cooking businesses to scale [...]Shelter Afrique Pushes for Climate-Resilient Housing
Shelter Afrique, a Nairobi-based pan-African housing development financier Shelter has implored African governments to adopt climate-resilient housing and create incentives for the production of well-located affordable housing that minimizes construction [...]
Kenyan Banks Introduce Climate-Related Financial Disclosures Template to Boost Sustainability
The Kenyan banking industry has unveiled the Climate-Related Financial Disclosures Template which aims to enhance transparency on how the industry is communicating their approach to managing climate-related challenges and opportunities. [...]
Nairobi Declaration; African Leaders Call for Global Support to Address Climate Crisis and Economic Challenges
African leaders have taken a bold stance on the global stage, highlighting the urgent need for equitable solutions to the climate crisis and economic development. While closing the three day [...]Climate Summit; Lack of Political Goodwill Limits Africa from Accessing Renewable Energy
African leaders have decried low investment in renewable energy in the continent, an abundant resource capable of lifting the continent out of power deficit it currently witnesses. Africa has an [...]Climate Summit; USD $10 Billion SAFE Initiative Aims to Boost Food Security in Africa and the Middle East
While speaking at the ongoing Africa Climate Summit in Nairobi, former United Nations Secretary-General H.E. Ban Ki-moon has unveiled an ambitious collaborative $10 Billion initiative with the potential to drive [...]USAID is Investing $ 1.4M to Support Kenya’s Carbon Market Activation Plan
The U.S. Agency for International Development(USAID) is investing $1.4 million to support the Government of Kenya in developing its carbon market activation plan and regulatory and legal framework around carbon [...]Kenya's Thriving Carbon Credits Market Sees 2nd Major Transaction in 3 Months
CYNK, a Nairobi-based platform, has announced it has successfully facilitated the trading of over two million carbon credits derived from the Tamuwa renewable biomass project. Tamuwa, one of Kenya's prominent [...]Climate Summit: Credit Rating Agencies ‘destroying African economies’ Leaders
Credit rating agencies and multilateral lending institutions came under fire over their business practices at the Africa Climate Summit (ACS). Sudanese-British billionaire businessman Mohammed Ibrahim and Kenya President William Ruto [...]Climate Summit; Catalyst Fund Achieves First Closing of $40 Million Fund and Shifts Focus from Philanthropy to VC
The Catalyst Fund says it has successfully reached its first closing with more than 20% of its targeted $40 million fund with the backing from investors such as FSD Africa, [...]Climate Summit: Leaders Call for Valuation of Africa’s Natural Resources
Africa is calling for fair treatment in the face of climate crisis affecting many livelihoods in the continent. On a global scale, the continent’s contribution to greenhouse gas emission is [...]
