Category AFRICA

As Conference of the Parties (COP28) Wraps Up, We Must Remember, Aid to Africa Is (Still!) Not the Answer (By NJ Ayuk)

JOHANNESBURG, South Africa, December 10, 2023/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). There was an era when Africa and Western pop music were closely linked. Western entertainers spearheaded a number of internationally renowned events to raise awareness…

South Africa: African Development Bank approves $1 billion guarantee from the United Kingdom to support SA’s Just Energy Transition

ABIDJAN, Ivory Coast, December 10, 2023/ — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office (FCDO), which will allow the…

Conference of the Parties (COP28): Multilateral development banks publish first common principles for nature-positive finance

LUXEMBOURG CITY, Luxembourg, December 9, 2023/ — New principles will guide multilateral development banks’ support for countries and the private sector in implementing the Kunming-Montreal Global Biodiversity Framework; For the first time, multilateral development banks define common principles and the criteria for…

Youth-led African enterprises awarded $800,000 at Conference of the Parties (COP28) for climate solutions

DUBAI, United Arab Emirates, December 5, 2023/ — Eight dynamic African young women-led businesses emerged as winners of the 2023 YouthAdapt challenge. Each business will receive grant funding of up to $100,000. They will also receive a comprehensive mentorship and coaching…