COP29: Africa Advocates for Investments to Improve Access to Clean Cooking
African policymakers attending the UN Climate Change Conference, colloquially known as Conference of Parties (COP29), in Baku, Azerbaijan, have highlighted the urgent lack of access to clean cooking affecting 1.2 [...]
COP29: Lenders Project $120bn Climate Financing for Developing Countries By 2030
A group of Multilateral development Banks (MDBs) are projecting that the annual climate finance for low- and middle-income countries will cumulatively reach $120 billion by 2030, including $42 billion for [...]
COP29: Climate Activists Push for Damages Tax' On Fossil Fuels
Climate organisations are calling upon member countries of the G7 to institute additional taxes on the fossil fuel industry to raise money for supporting communities devastated by the effects of [...]AfDB Approves $8mn Loan for Zambia Solar Project
The African Development Bank Group (AfDB) has approved an $8 million concessional loan to support the construction of a 25MW Ilute Solar Photovoltaic plant in Zambia. This loan addresses the financial [...]Africa's Climate Finance Grows by 48% to US$ 44 Billion
A recent report shows that climate finance flows to Africa saw a 48% increase, reaching USD 44 billion in 2021/2022, up from USD 30 billion in 2019/2020. READ; How Financial [...]
Kenyan Climate Tech Company TERA Carbon Launches Biochar Facility in Kisumu
A Kenyan climate-focused company, TERA, has initiated a project in Kisumu that will convert agricultural waste into biochar, which is an alternative fertilizer that can enhance soil water retention. Our [...]Kenyan Climate Startup Flux Sells Africa's First Carbon Removal Credits
In mid-September, Nairobi-based climate startup, Flux, sold carbon removal credits worth US$370 each to the Milkywire Climate Transformation Fund through the CYNK platform. We are incredibly proud to be selected [...]Kenya, 142 Countries Recommit to Global Deal on Fossil Fuels-UNGA
Kenya and 142 other countries have voted for the adoption of the United Nations (UN) PACT for the Future, with UN Security Council member Russia, Belarus, and Iran voting against. [...]Green Climate Fund Approves $151mn for AfDB Horn of Africa Climate Program
The world's largest climate fund, The Green Climate Fund (GCF), has approved $151 million in financing for an African Development (AfDB) program to address climate vulnerability in the Horn of [...]KPLC Leaves Debris from Butchered Trees Nairobi Residents Decry Lost Property Value
Topics of environmental conservation are incredibly important in today’s global dialogue, but if you are going to ‘talk the talk, you must walk the walk’.
Fruit-processor Del Monte Kenya Rallies Resources for Socio-economic Development
In a country where agriculture accounts for 20% of the GDP, the role of processing industries in socio-economic development remains invaluable. Not only do such industries drive macroeconomic figures up, [...]CIB Group Roots for Equity Financing in Fight against Climate Change
CIB Group Chairman Hisham Ezz Al-Arab is rooting for a new financing model to help the African continent move away from the effects of climate change. “Every time I talk [...]
