WPO, the Institute of Packaging Professionals Nigeria launched the first edition of ‘NaijaStar Awards for Packaging Excellence’ during the graduation ceremony of the one year Diploma in Packaging Technology course, in Lagos.
The President of the Alliance for a Green Revolution in Africa, AGRA, Dr. Agnes Kalibata, has been selected as one of 16 eminent members of the Climate Overshoot Commission.
GET.invest Burund aiming to respond to the country’s need for affordable, reliable and clean access to energy services alongside its regional partners.
A new report co-authored by the African Development Bank and the Global Green Growth Institute, has found evidence of growing political commitment to green growth in Africa.
The European Bank for Reconstruction and Development (EBRD) is enhancing the climate resilience of ports along Morocco’s Atlantic coastline by providing a €40 million loan to Agence Nationale des Ports (ANP).
IFC, Equity Group expand partnership to support small business lending, climate-smart projects across Eastern and Central Africa
IFC and Equity Group are expanding their partnership to support the sustainable development of Africa by increasing access to financial services for small businesses and funding for green projects in six countries across Eastern and Central Africa.
[Column] Junaid Kleinschmidt: AI tech to predict climate change - possible solution for future KZN floods
AI deployed and run on the correct infrastructure can predict the behaviour of extreme weather events across the globe and do so days in advance.
UNDP and the Pan African Agency of the Great Green Wall (PAGGW) have signed a 5-year MoU to reinforce and operationalise collaboration towards the common goal of contributing to the Great Green Wall Initiative (GGWI) in the Sahel region.
FirstRand Bank, one of South Arica’s major lenders, listed two sustainability bonds on the Johannesburg Stock Exchange (JSE).
Donors pledged $1.39 billion for humanitarian and development response to the drought in the Horn of Africa that has left more than 15 million people severely food insecure across Ethiopia, Kenya and Somalia.
The Government of Madagascar and the World Bank signed $534,9 million to Strengthen Madagascar’s Post-Cyclone Recovery Plan, Pandemic Response, and Energy and Transport Sectors
An investment of 7.5 million USD in a cement producer in Ghana will contribute to creating jobs while reducing emissions.
Orange introduced Smart-Klin, A waste disposal and detection company that uses Sensor Smart Waste Collection(SWC) system to identify the status of waste bins and detect the percentages of waste.
Le Directeur de la FAO ouvre la Conférence régionale pour l’Afrique à l’heure où la crise de la faim connaît une aggravation.
BAD a commencé à préparer le lancement du Fonds africain de la Facilité de financement vert (AG3F), qui fournira des subventions d'assistance technique aux gouvernements locaux et aux institutions financières pour la conception de facilités de financement vert.
Norfund, a development finance institution has invested $7.5 million in Continental Blue Investments Ghana (CBI) to create jobs and reduce emissions in the country.
African Development Bank has begun preparing for the launch of the African Green Finance Facility Fund (AG3F) to provide technical assistance grants for local governments and financial institutions to design green finance facilities.
Alliance Sahel: lors de leur 3ème Assemblée Générale, les membres renforcent et adaptent leurs engagements en faveur des populations sahéliennes.
CCAC et ses partenaires vont de l'avant pour mettre en œuvre des solutions éprouvées afin d'atteindre les objectifs cruciaux en matière de climat et d'air pur 2030. Ils ont obtenu 11 millions de dollars pour la mise en œuvre de la CCAC et du Global Methane Pledge et ont accueilli de nouveaux partenaires.
CCAC and Partners are forging ahead to implement tested solutions to achieve critical climate and clean air goals by 2030 with $11 million in new funding for the CCAC and Global Methane Pledge implementation and welcomed new Partners.
Plus d’un milliard de dollars seront mobilisés pour appuyer les secteurs de l’eau, de l’agriculture, de l’inclusion sociale, du développement humain et des infrastructures au Maroc
Over 204,000 vulnerable people in drought-affected regions of Mali will benefit from a $7.1 million climate risk insurance pay-out by African Risk Capacity (ARC) through the United Nations World Food Programme (WFP).
The CDP is an international non-profit organization based in the United Kingdom which runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Over the last few years, Kenya has embarked on a rigorous campaign designed to restore and conserve the environment. The country has recorded remarkable progress on this front.
The World Bank has launched a new five-year Country Partnership Framework (CPF) for Ghana for 2022 - 2026. The CPF prioritizes investments in human capital, job creation, economic diversification and building a resilient health system.
The framework and its underlying products enable mobile operators to boost 5G network quality, efficiency, and the subscriber experience while reducing operational costs, energy consumption, and CO2 emissions.
The European Bank for Reconstruction and Development (EBRD) approved its country strategy for Egypt, which focuses on three key priorities identified in cooperation with the Egyptian government.
East Africa financial institutions are betting on tech to boost their offerings, grow their customers’ portfolio and stay afloat in a competitive market.
The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger.
IBM announced the launch of the IBM Sustainability Accelerator, a global pro bono social impact program that applies IBM technologies and an ecosystem of experts to enhance and scale non-profit and government organization operations.
The European Bank for Reconstruction and Development (EBRD), with support from the Green Climate Fund (GCF), and the European Union, is providing a financial package of up to €25 million to Crédit du Maroc to boost Morocco’s green transition.
Mastercard welcomes Siemens Digital Industries Software into the Priceless Planet Coalition, which aims to restore 100 million trees by 2025, to collaborate in the movement against climate change.
[Kenya] Sistema.bio closes $15.6m financing to scale climate-smart clean energy technology for farmers
Sistema.bio announced the close of $15.6 million Series B investment round that included a mix of equity, debt and non-dilutive capital to support the continued growth and scale of the company’s innovative waste-to-energy technology.
IFC and Zimbabwe's insurance regulator, the Insurance and Pensions Commission (IPEC), announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers.
The World Bank approved a financing package to improve the investment climate, expand sustainable access to finance, and increase the efficiency of trade in Liberia.
The African Union Commission (AUC) will benefit from an $11.48 million grant from the African Development Fund (ADF) to strengthen its governance and provide it with institutional support.
I think it’s time to take another look at some of the more common arguments in this debate, which sometimes overlook the role of human creativity in environmental protection.
The Horn of Africa is experiencing the driest conditions recorded since 1981, with severe drought leaving an estimated 13 million people across Ethiopia, Kenya, and Somalia facing severe hunger in the first quarter of this year.
The International Atomic Energy Agency (IAEA) and the 55-nation African Union (AU) agreed to renew and deepen their cooperation on the peaceful uses of nuclear technology to help address climate change, disease detection and treatment, food security and other development challenges in Africa.
FAO partners with Finland to scale up technical innovation to monitor and manage forest resources in Africa
The Food and Agriculture Organization of the United Nations (FAO) and Finland signed an agreement to enhance the capacity of countries in forest resources and data management especially in Africa.
[Column] Dr Tilahun Amede: Water management and technology can stave off worst effects of climate change
Climate change, which is expressed in terms of drought, floods, and changing rainfall patterns and increased variability, is expected to hit sub-Saharan Africa most.
[Kenya] Equity Acquires $165 million Loan from IFC for Onward Lending to SMEs and Climate Smart Projects
Equity Group has acquired a $165 million loan from the International Finance Corporation (IFC) to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME) clients in Kenya.
Aqua Africa has signed a logistics and warehousing partnership agreement with LMI Logistics for a 1,880 sqm of storage space lease in Tema-Ghana.
Norway commits $5m to increase incomes, build resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania
The Norwegian Agency of Development Cooperation (NORAD) has committed $5 million to increase the incomes and build the resilience of small aquaculture farmers in Kenya, Mozambique and Tanzania.
The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund (GCF) have partnered to boost green finance and the development of value chains for the Egyptian private sector.
The end of year (fondly referred to as ‘ember months’) tends to bring about anxieties of different sorts among Nigerians.
To help improve access to certified green homes in South Africa, IFC and Nedbank have announced the issuance of a green residential development bond under Nedbank's domestic medium-term note program, with IFC as the anchor investor.
The Government of Sweden and UN Agencies signed a four-year programme to strengthen the resilience of vulnerable communities affected by food insecurity, malnutrition, and the effects of climate change in Mali.
BASF Agricultural Solutions to launch Global Carbon Farming Program enabling farmers to reduce their CO2 emissions
The Global Carbon Farming Program will support BASF Agricultural Solutions’ commitment to reduce the carbon footprint per ton of crop produced by 30% by 2030 in wheat, soy, rice, canola and corn. BASF will launch its program in phases starting in 2022.
[Column] Vianey Rweyendela: Unlocking Tanzania farmers' potential to mitigate against climate change
Tanzania’s people are its greatest asset, followed by its natural resources, which need conservation and protection from climate change hazards.
The World Bank approved $40 million to promote the development of inclusive, resilient, and competitive agricultural value chains, with specific focus on smallholder farmers and agribusinesses in The Gambia.
As excessive floods, severe drought, and famine continue to be experienced in different parts of the world, global leaders remain largely unfazed as regards making ambitious climate targets.
Private sector players have made a declaration to combat climate change and embrace sustainability in their activities by signing a 10-point charter on corporate commitment on climate change and sustainability in Kenya.
Afreximbank signs agreement with African Risk Capacity Group to enhance resilience and disaster risk financing initiatives
The purpose of the MOU is to enable joint member states to enhance disaster response and resiliency initiatives using available banking and insurance products suited for localized challenges.
The collaboration of government with industries is crucial for economic progress, be the market large or small. Nigeria knows this and is taking steps to work closely and create better transparency in one of the country’s most robust industries.
These alliances encourage the financial sector to align with a target to limit the rise in global temperatures to 1.5 oC and use their respective mandates in achieving this goal.
With dire warnings about the impending dangers of climate change clouding the headlines on a daily basis, energy transition from fossil fuels to renewables is a hot topic.
German government announces €18 million support to subsidize climate insurance for African Risk Capacity member states
ARC, an African Union initiative that is led by 35 AU Member States, provides insurance for droughts and tropical cyclones. The standard approach to pay for climate disasters is slow and unpredictable, using humanitarian appeals or loans arranged after a disaster strikes.
After drought and pests destroyed crops during the 2020-2021 farming season, nearly 65,000 farming households in Malawi have received cash payouts from an agricultural insurance programme of the United Nations World Food Programme (WFP).
[Column] Agnes Kalibata: Why the world’s biggest agribusiness player needs more support to tackle climate change
But it is not Unilever, Kraft or Danone. Instead, the largest private-sector player in food and agribusiness is in fact the world’s 500 million smallholder farmers, who are responsible for around a third of global food supplies.
Climate Finance Partnership mobilizes $673 million to accelerate net zero transition in emerging markets
A global consortium of 22 investors including governments, philanthropies, and institutional investors committed to the fundraise, which was oversubscribed and exceeded its target of $500 million.
D'éminents scientifiques forestiers appellent à un arrêt des nouvelles exploitations forestières au Congo
Les écologistes craignent qu'un accord forestier d'un milliard de dollars en RDC qui doit être annoncé à la COP26 ne donne le feu vert à une nouvelle exploitation massive de la deuxième plus grande forêt tropicale du monde.
With the growing demands from Western environmental campaigns to curb petroleum production as part of a journey to net-zero carbon emissions, the pressure is on international oil companies (IOCs) to cease exploration and production activities in Africa.
The programme’s development objective is to deliver locally-led climate resilience actions and strengthen county and national governments' capacity to manage climate risks.
Crop insurance is one of the major risk management strategies used by farmers to financially safeguard themselves from the potential failure of crops, due to climate risk or other uncontrollable natural hazards.
Kenyans have been urged to double efforts in tree planting in a bid to mitigate the current effects of climate change.
Vertiv will apply its expertise, global reach and lead position in several key data centre technology areas to support the SDIA’s mission to bring together key players from across the critical infrastructure arena to meet sustainability goals.
Forum pour la résilience en Afrique pour affronter les défis multiformes du Covid 19 et du changement climatique
La quatrième édition du Forum pour la résilience en Afrique s’est ouverte à un moment où les communautés les plus vulnérables du continent sont confrontées au triple défi posé par la pandémie de Covid-19
More than 1.3 million people in Angola's three south-western provinces of Cunene, Huila and Namibe are facing severe hunger as the worst drought in 40 years leaves fields barren, pasture lands dry and food reserves depleted.
U.S. Development Finance Corporation (DFC), has invested $10 million in Nithio's Financial Intermediary, Nithio FI, an AI-enabled clean energy financing platform, to scale clean energy financing in Africa.
The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development bank, unveiled its new ESG policy framework to support energy transition in its member countries and beyond.
Madagascar Time startup has launched $TIME, the new cryptocurrency focused on charity work around the globe. Backed by an international team, $TIME combines unprecedented technology in the crypto space with social entrepreneurialism.
Africa Finance Corporation plans $500m Infrastructure Climate Resilient Fund under AFC Capital Partners
As part of its drive to address Africa’s vulnerability to climate risk, Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering: the Infrastructure Climate Resilient Fund (ICRF).
Kenya Electricity Generating Company PLC (KenGen) has been cleared to sell an equivalent of 4.6 million tonnes of carbon emissions earned over the last 18 months.
As part of Vodacom’s energy and carbon management strategy and commitment to reducing its impact on the environment, Vodacom has installed new solar-powered sites in Polokwane, Vereeniging and Bloemfontein.
LG Electronics (LG) announced its goal to use almost 600,000 tonnes of recycled plastic by 2030 in a concerted effort to reduce greenhouse gas emissions in the value chain.
The European Bank for Reconstruction and Development (EBRD) is boosting renewable energy and energy efficiency in Egypt with $25 million loan to the National Bank of Kuwait Egypt (NBKE).
The U.S. Trade and Development Agency (USTDA) awarded a technical assistance grant to Algeria’s transmission system operator, Société Algérienne Gestionnaire du Réseau de Transport de l’Electricité (GRTE), to modernize its electricity grid.
AfDB, partners unveil initiative to secure climate-resilient water and sanitation services in five African countries
AfDB, in partnership with the Nordic Development Fund and the Government of Denmark will roll-out a program to strengthen access to climate-resilient water and sanitation resources in Burkina Faso, Ethiopia, Mali, Niger and Somalia.
The European Investment Bank (EIB), and the Global Center on Adaptation (GCA), announced plan to engage in a collaboration to accelerate action on climate change adaptation.
L'AfDB lance une nouvelle initiative pour intégrer le capital naturel dans le financement du développement en Afrique
Le Groupe de la Banque africaine de développement, la Plateforme des connaissances sur la croissance verte et d’autres partenaires lancent, une nouvelle initiative sur l'intégration du capital naturel dans le financement du développement en Afrique.
The African Development Bank Group, Green Growth Knowledge Platform and other partners will launch an initiative on integrating natural capital into development finance in Africa on 9 September, 2021.
The Food and Agriculture Organization of the United Nations (FAO) developed the eLocust3m application to improve early warning through rapid detection, surveillance and monitoring of locust outbreaks.
Today Lenovo is committing to new goals in the areas of climate change mitigation, circular economy and sustainable materials.
Rwanda and the government of Luxembourg have launched a waste recycling and management project that will recycle, improve city solid waste control and hazardous waste management in Kigali city.
The Government of India has contributed almost USD one million to the United Nations World Food Programme (WFP) in Zimbabwe to help affected populations tackle climate shocks.
Lifepack, co-founded by Claudia Barona, produces 100% biodegradable ecological products made from natural fibers and seeds. Lifepack was recognized by the United Nations as one of the 50 Best Small Businesses in the world in 2021.
Recent heatwaves across Libya, amidst acute power cuts and the rapid spread of COVID-19, as well as continuous damage to the water system and the drying of the Wadi Kaam Dam pose acute threats to people’s lives while time is running out to act.
The European Bank for Reconstruction and Development (EBRD) is boosting small businesses and green investments in Egypt with a $50 million loan to QNB ALAHLI, one of Egypt’s largest commercial banks.
Fortress REIT launches R900m sustainability-linked bonds to scale up its renewable energy outputs in South Africa
Fortress REIT, South African hybrid fund investing in direct properties and other listed real estate companies, launched a total of R900 million sustainability-linked bonds aligned to its ongoing strategic ESG plan to scale up its renewable energy outputs.
Moody's Corporation and RMS announced they have entered into a definitive agreement for Moody’s to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for approximately $2.0 billion.
Proparco invests in ARAF to drive climate adaptation for smallholder farmers across Sub-Saharan Africa
Proparco, through FISEA+, the AFD Group fund advised by Proparco, signed a $5 million investment in Acumen Resilient Agriculture Fund (ARAF), to help smallholder farmers in East and West Africa adapt to climate change.
IFC is investing $100 million in Egypt's first private sector green bond to help unlock finance for climate-smart projects, reduce greenhouse gas emissions, and support the country's transition to a greener economy.
The Johannesburg Stock Exchange (JSE), listed Nedbank’s R125 million unsubordinated green bond, whose proceeds will be used to fund green residential mortgages in South Africa.
The portal is intended to promote national and regional sharing of information on diverse activities on climate action being undertaken in the region.
Analysis released by Action Against Hunger, a nonprofit leader in hunger prevention and treatment, show that up to 400,000 women, men and children in Tigray, Ethiopia are now facing acute food insecurity.
The International Renewable Energy Agency (IRENA) and the Electric Power Research Institute (EPRI) signed an MoU to advance the global electrification of the energy sector based on renewables and energy efficiency.
Kenya Electricity Generating Company (KenGen), has distributed more than 1.9 million tree seedlings to communities and institutions as part of its efforts to reduce carbon emissions.
Eni, Government of Kenya partner to promote decarbonization by strengthening cooperation in the sustainable bio-fuel value chain
Eni and the Ministry of Petroleum and Mining of Kenya signed a Memorandum of Understanding to promote the decarbonization process to tackle climate change through new industrial models of fully-integrated circular economy.
South Africa is stepping up investment for its wildlife and biodiversity sectors from a grant of $8.9 million from the Global Environment Facility (GEF).