In African countries, there’s a gap between the financing available for renewable energy and the projects its meant to reach. Funds are not reaching the right places and even as more funding is announced for clean energy, many projects don’t get off the ground because the financial tools available don’t fit their needs. For example,…
Nairobi — As banks, financial institutions, telecommunications firms and payment service providers (PSPs) increasingly adopt stablecoins as core infrastructure for treasury management and cross-border payments, regulatory defensibility is emerging as a critical priority. A new report indicates that this shift is accelerating a broader transition in Africa’s digital economy–from basic data protection frameworks to active,…
Climate change is reshaping what childhood looks like. We’re seeing it across Eastern and Southern Africa, with children paying the highest price for a climate crisis they did not create. In Kenya, floods are pushing girls out of school. In Somalia, repeated shocks have displaced millions of children. In Mozambique, cyclones have destroyed thousands of…
The Primates and General Secretaries of the Anglican Provinces in Oceania have called on Member Churches around the Anglican Communion to advocate with their Governments on behalf of Pacific Island states and other nations heavily impacted by climate change. See the full statement following the Oceania Anglican Leader Fono. Between April 9 and 16, Anglican…
During this morning’s opening session of the ministerial segment of the Fifty-eighth session of the Economic Commission for Africa Conference of African Ministers of Finance, Planning and Economic Development in Tangier, Morocco, H.E. Mahmoud Ali Youssouf, Chairperson of the AU Commission, joined H.E. Nadia Fettah, Minister of Economy & Finance of Morocco, H.E. @NOIweala, DG…
African Development Bank will provide $5.65 million to support a financing mechanism for solar mini-grids in Central African Republic, Chad, Nigeria and the Democratic Republic of Congo. The funding, approved in Abidjan, will be deployed as a repayable grant through the Sustainable Energy Fund for Africa. It is matched by the Nordic Development Fund, bringing…
Climate adaptation finance models have led to measurable results in Benin, Namibia and Ethiopia, AU report finds. [YAOUNDE, SciDev.Net] A climate change adaptation financing model implemented in Benin that has enabled new flood defences, irrigation systems, and resilient crops, has been hailed as an example to other African nations. The West African country faces mounting…
Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance properly. Confidence that the numbers in front of them reflect the business as it is, not as it was two weeks ago. That gap…
Cairo/Amsterdam — African Export-Import Bank (Afreximbank) and FCI will jointly host the Africa Regional Conference on Factoring, Receivables Finance & Credit Insurance on 15-16 April 2026 in Kampala, Uganda. As Africa moves towards a unified market, these financial tools serve as essential catalysts for bridging the trade finance gap, particularly for small and medium-sized enterprises…
The Afreximbank Academy (AFRACAD) has announced the opening of registration for its 2026 Certificate of Trade Finance in Africa (COTFIA), one of its flagship programmes designed to strengthen Africa’s trade finance capacity by enhancing trade-related skills and addressing critical capacity gaps, enabling the continent to compete more effectively in global markets. According to AFRACAD, registration…
