Africa

The African Development Bank (AfDB) has approved a $400,000 grant to bolster Ethiopia’s capital market infrastructure, marking a significant shift in efforts to deepen financial systems across the continent. The…

The Global Center on Adaptation (GCA) has officially broken ground on its new African headquarters in Nairobi, a milestone that signals a major evolution in global climate governance. The new facility, set to be completed by 2027 at a cost of KSh1.7 billion, marks the launch of a historic dual-headquarters model, shared between Nairobi and Rotterdam, ushering in a new era of co-ownership between the Global South and Global North.

The International Sustainability Standards Board (ISSB) has unveiled proposed updates to its industry-specific Sustainability Accounting Standards Board, a move that could significantly shape how African companies disclose sustainability performance. The roll-out, encompassing nine sectors including oil & gas, mining, construction, power, and food & beverage, kicks off an exposure period ending on November 30, 2025.

leaders of the world’s largest emerging economies gathered in Rio de Janeiro for the 17th BRICS Summit and emerged with a unified message: it’s time to rewire the global governance system to reflect today’s multipolar reality—and the Global South is ready to lead. With Africa now directly represented through new BRICS members Egypt, Ethiopia, and South Africa, the continent’s stake in this political and financial realignment has never been more critical.

The European Union has announced a sweeping simplification of its sustainability taxonomy, a move aimed at easing the compliance burden for companies across Europe. While the changes are largely designed to benefit EU-based entities, the ripple effects will be felt well beyond its borders, including in Africa, where the EU remains a key trade partner, investor, and climate policy influencer.

The Green Climate Fund (GCF) has approved a record USD 1.225 billion to support 17 climate adaptation and mitigation projects in developing countries, many of them in Africa. This decision, taken during the Fund’s 42nd Board Meeting in Papua New Guinea, marks the largest single-meeting disbursement in GCF’s history and affirms a growing recognition of Africa’s central role in the global climate response.

As a marketing agency increasingly involved in environmental and social impact work, the firm’s latest campaign demonstrates how creative industries can contribute directly to sustainability goals. The project was part of One Day for Change, Dentsu’s global annual initiative encouraging employees to develop solutions to local challenges.

As momentum builds toward Ecomondo 2025 – the leading European expo for green technologies and the circular economy – organizers are expanding the conversation globally with a three-country roadshow ahead of the main event in Rimini, Italy, this November. Set to visit Egypt, Serbia and Poland, the initiative is part of a broader effort by the Italian Exhibition Group (IEG) to deepen international dialogue, showcase cutting-edge ecological innovations, and foster cross-border partnerships in sectors key to the green and blue transition.

Stanbic Bank Uganda has been honored once again for its leadership in environmental sustainability, clinching the coveted National Environment Management Authority (NEMA) Sustainability Award for the second consecutive year. The bank topped the financial institutions category, reinforcing its position as a trailblazer in green finance and environmental stewardship within the East African region.

Tanzania’s top banking executives, capital market leaders, and climate finance experts gathered in Dar es Salaam this week for the Green Finance Forum, issuing a unified call to fast-track sustainable investment and close the funding gap threatening the country’s climate goals. The high-level meeting, convened by the CEO Roundtable of Tanzania (CEOrt), focused on mobilizing private capital to accelerate the country’s green transition—amid mounting evidence that climate inaction could cost the continent trillions in lost productivity and deepening poverty.