Climate Summit; UAE Commits $4.5 Billion to Power Africa's Clean Energy Revolution
The COP28 Presidency has announced plans by United Arab Emirates (UAE) to inject a staggering $4.5 billion into unlocking Africa's vast clean energy potential. This commitment was unveiled during a [...]
UK Pumps £49 Million in Africa’s Climate Projects, Roots for Change in International Financial System
Africa is set to benefit from new UK-backed projects worth £49 million geared towards mitigating the effects of Climate Change. The funding will help to create jobs, grow economies and [...]
Kenyan Banks Pioneer ESG Financing with Safaricom's KES 15 Billion Loan
Safaricom Plc has secured its first Sustainability Linked Loan (SLL) from a consortium of local banks to reinforce its commitment to Environmental, Social, and Governance (ESG) initiatives. The deal is [...]Kenyan Counties Receive Sh 7.2B Towards Climate Initiatives
President Ruto on Monday handed over Sh 7.2 billion to counties under the Financing Locally-LED Climate Action (FLLoCA) programme in the form of county climate change investment grants. The FLLoCA [...]Inaugural Africa Climate Summit Ministerial Day; Path to Resilient and Sustainable Future
The inaugural Africa Climate Summit (ACS) commenced with a Ministerial Day, heralding a significant step towards addressing the pressing climate challenges facing Africa and the world. The overarching theme, Driving [...]Pan-African Fund Managers' Association (PAFMA) Launched to Boost Cross-Border Collaboration in African Financial Markets
The Pan-African Fund Managers' Association (PAFMA) has been officially launched today in Nairobi, ushering in a new era of collaboration among fund managers across the continent. The founding members of [...]Africa Climate Summit: Report on Financing Clean Energy to be unveiled
The International Energy Agency and the African Development Bank Group will launch the pioneering Joint Report on Financing Clean Energy in Africa on 6 September on the sidelines of the Africa Climate [...]Africa Climate Summit: Over Two Dozen Heads of State and Government to Attend
The Africa Climate Summit to be held in Nairobi next week has attracted over two dozen Heads of State and Government, pointing to a commitment in taming global warming effects [...]Renewable energy offers Africa’s best opportunity to achieve SDGs, experts say
Africa must increase investment in developing its renewable energy and attract greater support of the private sector and international financial institutions if it is to achieve the Sustainable Development Goals. [...]IGAD Issues El Nino Alert for Eastern Africa Beginning October
The InterGovernmental Authority on Development(IGAD) Climate Prediction and Applications Centre (ICPAC) announced that the October to December 2023 climate forecast shows high chances of wetter-than-usual conditions across most parts of [...]
IGAD to Hold the 65th Horn of Africa Climate Outlook Forum in Nairobi
The Intergovernmental Authority on Development (IGAD) in partnership with the National Meteorological and Hydrological Services of Eastern Africa, the World Meteorological Organization, the European Union, and the Organization of the Africa, Caribbean, and Pacific Group [...]Private Sector Investment Key in Fight Against Climate Change UN
The Kenyan government has been challenged to rope in private sector in building sustainable initiatives towards reducing carbon emission. Insights from High-Level Private Sector Roundtable convened by Kenya Private Sector [...]
