Tanzanian President Samia Suluhu Hassan highlighted the need for international commitment to climate agreements and innovative financing, including a $700 million green bond initiative for adaptation and mitigation strategies at COP28. African nations, through the African Group of Negotiators, pushed for a just energy transition…
The AfDB and Prince Trust International have signed a deal to scale up youth employment, human capital, and entrepreneurship. The…
Designed using a science-based approach and harnessing new technological innovations, the programme aims to promote long-term tree health, increase biodiversity…
TotalEnergies is divesting its minority stake in National Petroleum Refiners of South Africa in line with it’s strategy to divest…
Kenya’s online retailer, Sky.Garden, has relaunched operations following $1.6 million buyout by Lipa Later Group. This move has propelled Sky.Garden…
Fintech Verto has partnered with UBA Bank to launch a cross-border payment…
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Artificial Intelligence (AI) is emerging as a key player in transforming South…
Industry & Trade
The Russian invasion of Ukraine has proved highly disruptive to world energy…
Countries
Designed using a science-based approach and harnessing new technological innovations, the programme aims to promote long-term tree health, increase biodiversity of flora and fauna,…
As COP28 unfolds with its myriad discussions and commitments, a less visible but equally critical issue looms on another continent – the pervasive problem of greenwashing in Africa. From the corridors of corporate power to the burgeoning startup ecosystem, greenwashing emerges as a misleading marketing tactic and a significant barrier to genuine environmental and social progress in Africa.
In Africa’s corporate sector, greenwashing has become a strategic tool used by both corporations and governments to cover up environmentally detrimental practices. This issue is acutely critical in a continent where environmental conservation is not just a matter of policy but survival.
Around 200 countries have agreed on how to run the Climate Loss…
Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion has unveiled a…
Regional Markets
AFDB has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%,…
Tech & Innovation
Kenya’s online retailer, Sky.Garden, has relaunched operations following $1.6 million buyout by Lipa Later Group. This move has propelled Sky.Garden to revamp its platform, aiming to…
Editor's Picks
Artificial Intelligence (AI) is emerging as a key player in transforming South…
Africa
The Horn of Africa has been grappling with the most severe drought…
Industry & trade
Tanzanian President Samia Suluhu Hassan highlighted the need for international commitment to…
Money Deals
The International Monetary Fund (IMF) has committed an additional $938 million to Kenya as part of a strategy to stabilise the country’s economy.
Investing
Kenya’s SBM Bank has announced its commitment towards increasing its ESG investment…