Tanzania's NMB Bank Lists Sustainability Bond On London Stock Exchange
NMB Bank PLC, Tanzania's leading financial institution, has listed its maiden three-year US$ 73 million Sustainability Bond on the International Securities Market (ISM) and Sustainable Bond Market (SBM) Platform at [...]
Skills Gap among Youth a Challenge in Growth of Green Economy
Stakeholders in the Kenyan Green Economy convened at a national workshop held at the Kenyatta International Conference Center (KICC) to outline strategies that would accelerate employment opportunities for youth within [...]
Counties Need Further Investment in Knowledge to tap Green Finance-FSD Study
Counties need to be appraised on sustainable practices to enable them tap into the green financing to complete different development projects in the devolved units, a recent study by the [...]KenGen to Renovate Oldest Geothermal Power Plant
Kenya will renovate three units of the Olkaria I Geothermal power plant after ordering steam turbines and generators from Toshiba, which are expected to arrive by Dec 2025. Toshiba ESS [...]Roam Partners with Mogo to Scale up Marketability of Electric Motorcycles
Mogo, a Kenyan asset finance company, has partnered with EV-developer startup Roam to boost the adoption of electric motorbikes in the country. We are thrilled to partner with Mogo to [...]Zambia Declares National Disaster Amidst Food and Energy Crises
Zambia has declared a state of national disaster and emergency due to a severe drought that its president, Hakainde Hichilema, attributes to the the el Niño weather phenomenon, influenced by [...]Financing Clean Cooking and Heating Solutions in Kenya
In the heart of Kenya’s development lies a challenge that echoes across many developing nations – the pervasive impact of traditional biomass cooking methods and inefficient space heating practices. The [...]
Foodstuff Prices to Drop in Coming Months- CBK Forecast
An Agriculture Sector Survey undertaken by the Central Bank of Kenya (CBK) shows that the price of key food items could begin to fall in the coming months. The CBK [...]
Climate Investment Funds Endorse Kenya’s $70m Energy Plan
The Climate Investment Funds (CIF), through its Trust Fund Committee, has endorsed a $70 million plan, with an initial allocation of $46.39 million. It is expected to mobilize at least [...]Govt Publishes Draft Rules on Carbon Markets for Public Scrutiny
The Kenya Government has published draft Carbon Market Regulations that are now open for public scrutiny to submit any memoranda by the beginning of February 2024. The draft regulations also [...]UK to Guarantee AfDB's $59mn Loan to Upgrade Kenya's Power Transmission
The African Development Bank (AfDB) and the United Kingdom (UK) have announced the selection of Kenya's$116mn Transmission Network Improvement Projectas a beneficiary project under the Room to Run Sovereign transaction [...]ATIDI to Underwrite 20MW Solar Project in Uganda
ATIDI (African Trade Investment Development Insurance), has announced its intent to support the 20 MW Ituka West Nile Uganda Ltd solar project developed by AMEA Power, a Dubai-based Independent [...]
