Author: James Wambua

AIM Congress 2024 will run under the theme “Adapting to a Shifting Investment Landscape: Harnessing New Potential for Global Economic Development.” The forum aims to provide an in-depth understanding of shifting investment dynamics and their global impacts. Global leaders, investors, and innovators will convene from 7th to 9th May 2024 at the Abu Dhabi National Exhibition Centre. In a dynamic world marked by shifting investment landscapes, the 13th edition of the world-renowned investment platform, now rebranded as “AIM Congress,” is set to convene global leaders, thinkers, and innovators from 7th to 9th May 2024 at the Abu Dhabi National Exhibition…

The partnership will simplify and elevate the crypto purchasing experience for Nigerians by harnessing the power of local bank transfers. Yellow Card’s collaboration with MoonPay will enhance the accessibility and utility of cryptocurrencies in the region. The integration will empower Nigerians to engage in peer-to-peer crypto transactions with ease. In a move aimed at enhancing cryptocurrency accessibility in Nigeria, Yellow Card, a pioneering African fintech company, has joined forces with MoonPay, a global leader in the cryptocurrency ecosystem. Their partnership is set to simplify and elevate the crypto purchasing experience for Nigerians by harnessing the power of local bank transfers.…

Eritrea has an extensive coastline along the Red Sea but limited freshwater resources. Faced with erratic rainfall patterns that have left much of the country arid, Eritrea is rising to the challenge with determination, innovation, and a strong sense of self-reliance. Within just three years, Eritrea has harnessed its local engineering talent and rallied thousands of its citizens, including students from technical and vocational schools, to construct Msilam Dam.

In a devastating turn of events, Morocco was struck by a rare and powerful earthquake late Friday night. The catastrophe claimed the lives of over 800 people and caused extensive damage across the region. The earthquake, with a magnitude of 6.8, is the strongest to hit Morocco in 120 years.

The impact of the quake reached from remote mountain villages in the Atlas Mountains to the historic city of Marrakech. However, the full extent of the tragedy remains unknown. Consequently, rescuers face treacherous boulder-strewn roads to reach the hardest-hit mountain communities.

Masdar, UAE’s flagship renewable energy firm will work with Africa50 to identify, accelerate and scale clean energy projects across the continent. Ahead of COP28, Masdar will seek to unlock 10GW of clean energy projects for millions of people across Africa by 2030. The deal was struck on the sidelines of Africa Climate Summit held in Nairobi, Kenya. Abu Dhabi Future Energy Company PJSC, known as Masdar, has joined hands with Africa50, the pan-African infrastructure investment platform, to propel the clean energy revolution across Africa, home to 1.3 billion people. This collaboration, solidified by a memorandum of understanding (MoU) signed by…

The funding will target young entrepreneurs and micro, small, and medium enterprises with innovative solutions to drive climate change adaptation and resilience throughout Africa. YouthAdapt has already disbursed over $1.5 million to 33 young entrepreneurs across 19 African nations. Failing to invest in the youth will hurt Africa; failure is not an option – AfDB President Akinwumi Adesina. The African Development Bank (AfDB) President Akinwumi Adesina has unveiled a $1 billion fund aimed at propelling climate financing for youth-led businesses across Africa. The initiative, known as YouthAdapt, is a partnership between the AfDB and the Global Centre on Adaptation. YouthAdapt…

Oil-rich UAE will provide $4.5 billion, drawing contributions from both the public and private sectors. In Nairobi, the US has pledged an annual commitment of $3 billion to bolster climate adaptation initiatives. The European Commission unveiled a €1 billion ($1.07 billion) fund designed to de-risk green bonds and attract private investments in emerging markets. The US and the United Arab Emirates (UAE) have stepped up their support for Africa’s climate action efforts with multi-billion-dollar pledges during the inaugural Africa Climate Summit in Nairobi. The commitments come at a crucial time as Africa grapples with the severe impacts of industrial pollution,…

Eight out of the ten finalists in the Ashden Awards’ Global South categories hail from Africa. The Ashden Awards recognize innovative initiatives that contribute to a greener, more resilient planet. From powering smallholder farms to providing energy in camps for displaced people, these pioneers are redefining the accessibility and sustainability of energy resources. The Africa Climate Summit kicked off today in Nairobi with a focus on harnessing innovative climate solutions to address the pressing environmental challenges facing the continent. As the summit commences, the spotlight shines on the groundbreaking efforts of climate pioneers who are making strides toward a more…

At the first Africa Climate Summit, President William Ruto of Kenya ignited a collective vision for a bold, affirmative, and climate-resilient African future. Dr Ruto says Climate Summit seeks to scrutinize ideas, assess perspectives, and unlock solutions not to catalog grievances. This Summit is our moment to imagine a bold and radically affirmative African future – Dr Ruto. In a display of environmental consciousness, President William Ruto of Kenya embarked on an unconventional journey to the inaugural Africa Climate Summit in Nairobi, setting an inspiring example for leaders worldwide. Opting for a small electric car instead of the usual government…

UN Resident Coordinator in Kenya, Stephen Jackson, says the Africa Climate Summit goes beyond rhetoric—it’s about financing. Financing at scale to bring Africa’s climate solutions to the global marketplace is contingent on private sector participation. Currently, access to capital is limited, and when available, it often comes at a prohibitively high cost. In Nairobi Kenya, a pivotal event is unfolding: the Africa Climate Summit 2023. Co-organized by the African Union (AU) and the Government of Kenya, this summit carries profound significance as it takes center stage in a continent on the frontlines of the climate crisis. UN Resident Coordinator in…