Christina Nduba-Banja, Yusra Butt and Nduta Muhindi Following the issuance of the draft Kenya Green Finance Taxonomy in March 2024 (draft KGFT), the Central Bank of Kenya (CBK) has published the first edition of the Kenya Green Finance Taxonomy (Taxonomy).…
AfDB Supported Projects in Senegal, Rwanda Clinch Top Honors at 2025 Bonds, Loans & ESG Capital Markets Africa Awards
The awards celebrate Africa’s most innovative and transformative financial deals, highlighting exemplary execution, effective mobilization of new liquidity pools, and innovative deal structuring Two African Development Bank Group supported projects have garnered top honours at the 2025 Bonds, Loans &…
Adaptation Fund Receives First New US$ 13 Million Pledge for 2025 from Sweden, Hoping to Set Tone for Rest of Year
At a pivotal time when the work of the Adaptation Fund is more urgent than ever, the Fund’s resource mobilization efforts for 2025 kicked off on a positive note as Sweden stepped forward to make the first new pledge to…
UN-backed forum seeks to boost resilience of world’s Least Developed Countries
Policymakers, researchers, the private sector and other stakeholders are meeting in Zambia’s capital, Lusaka, over the next three days to chart a path toward sustainable development and resilience for the world’s Least Developed Countries (LDCs). The third edition of the…
Forbes: Aliko Dangote Regains Top Spot as Africa’s Richest – Ranked 86th in the World With Networth of $23.9bn
Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the world. It would be recalled that Forbes ranked Aliko Dangote as…
CAHOSCC: Nigeria’s Reaffirms Commitment to Climate Action
At the Committee of African Heads of State and Government on Climate Change (CAHOSCC), hosted by the Kenyan Government, Nigeria presented its ongoing efforts to combat climate change. The Honorable Minister of the Federal Ministry of Environment, Balarabe Abbas Lawal,…
Nigeria Strengthens Africa’s Economic Future AT AU Summit
As African leaders converge on Addis Ababa for the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and Government, Nigeria is playing a key role in shaping the continent’s economic agenda. The Honourable Minister…
Nigeria Leads the Charge: Climate Change Forum 2025 to Tackle Africa’s Sustainability Challenges
The Nigeria Climate Change Forum (NCCF) is set to take centerstage in Abuja, on the 28 – 29 th January 2025 at the Transcorp Hilton Hotel. The forum will bring together key stakeholders towards prioritizing the implementation of Nigeria’s Nationally…
President Tinubu is Taking In-Country Gas Utilisation to Unprecedented Levels — Soneye, NNPC Ltd Spokesperson
Described by Nigerians from all walks of life as unprecedented, President Bola Tinubu will be performing the groundbreaking ceremony for five mini-LNG plants in Ajaokuta, Kogi State. NNPC Ltd’s Chief Corporate Communications Officer, Olufemi Soneye spoke to a select group…
Africa’s Power Revolution: Mission 300 to Light up Continent’s Future
The initiative, dubbed ‘Mission 300’ (M300), represents an unprecedented collaboration between the African Development Bank and the World Bank Group, alongside other global partners In a continent where millions of homes are still shrouded in darkness each night, a groundbreaking…
