Domestic banks, pension funds and financial institutions play a critical role in mitigating these climate-related risks and providing partners with the tools to invest with confidence ANALYSIS | THE INDEPENDENT | State-owned development financing institution, Uganda Development Bank on Nov.15 convened a high-level meeting with key stakeholders on the sidelines of …
Read More »Africa is richer than you think
African finance experts at COP29 want that wealth measured in new ways ANALYSIS | THE INDEPENDENT | Akinwumi Adesina, the president of the African Development Bank (AfDB) has stirred up new thinking around financing for the continent at the COP29 by insisting on a revaluation of its green wealth. Adesina on …
Read More »Innovative financing to unlock Africa’s Blue Economy
Countries can leverage on creative financial tools such as debt swaps, green bonds, blues bonds, and others, to unlock resources needed to protect marine ecosystems, drive economic growth, and support climate adaptation COMMENT | JEAN – PAUL ADAM | Securing new financing for global good has become more challenging than ever. …
Read More »Electric vehicles in Africa
What’s needed to grow the sector ANALYSIS | MJ (THINUS) BOOYSEN & JOUBERT VAN EEDEN | In sub-Saharan Africa, high levels of particulate matter (PM2.5) pollution from vehicle tailpipe emissions cause poor health, developmental stunting, and even death. Vehicle emissions also contribute to global warming. Electric vehicles could help solve these problems but …
Read More »Accelerating Africa’s Green Energy Transition through collaboration
Most African countries rely on fossil fuels for energy and export revenue. Yet, development finance institutions, including the World Bank, are pulling back on fossil fuel investments ANALYSIS | AGENCIES | The eighth annual Babacar Ndiaye Lecture, held at Washington D.C.’s Four Seasons Hotel on October 26, highlighted the pressing need …
Read More »BRICS and Africa: A transformative opportunity
For Africa, BRICS is not just a partnership but an opportunity that must be seized now COMMENT | IQBAL SURVE & SESONA MDLOKOVANA | As BRICS convened its pivotal summit, in Kazan, Russia, Africa stands on the brink of an unparalleled opportunity. This meeting is not just a gathering of global …
Read More »Africa Football Business Summit explores strategies to boost sports development
Uganda, Kenya and Tanzania are set to host the African Cup of Nations in 2027, and government officials and stakeholders have been conducting a series of meetings to attract investors ANALYSIS | MOHAMMED YUSUF | Kenya is hosting the Africa Football Business Summit to boost football and sports development across the …
Read More »Why does the U.S. have a trust deficit in Africa?
The U.S.-Africa summit is a failure if Americans do not treat Africans as equals NAIROBI, KENYA | Xinhua | Distrust of the United States has been growing across sub-Saharan Africa for decades, with recent developments widening the country’s credibility gap and offering little hope for improvement. Earlier this month, U.S. …
Read More »From State Control to Prosperity Gospel: Christianity’s evolution in Africa
COMMENT | Gertrude Kamya Othieno | The institutionalisation of Christianity by the Council of Nicaea in AD 325 was a decisive moment in the faith’s history. What began as a diverse, decentralised movement based on Jesus’ teachings was transformed into a formalised state religion, primarily serving the Roman Empire’s political needs. The …
Read More »Why youth entrepreneurs are key to tackling climate change in Africa
Climate change is impeding access to necessities: water, power, food, and education but these challenges also offer opportunities for those with an entrepreneurial mindset ANALYSIS | TONY O. ELUMELU | I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that …
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