Port-Louis, Mauritius — The Mauritius Commercial Bank Limited (MCB) has issued a structured financing package to Invictus Investment Company PLC to support the firm’s expansion across Africa and the Middle East. The facility combines acquisition finance with a revolving credit line, providing Invictus with additional working capital as it scales its agro-food operations. The arrangement…
The African Energy Commission (AFREC) has launched a new continental training on Renewable Energy in Nairobi today aimed at helping African Union (AU) Member States turn renewable energy concepts into bankable and buildable projects while fostering peer-to-peer knowledge exchange in Africa. The inaugural session brought together 45 energy sector officials from across the continent for…
Nairobi — MyCredit Limited has signed a KES 1.2 billion Memorandum of Understanding (MOU) with Enkisoma Africa Limited to finance and accelerate digital transformation in private schools across Kenya. The partnership will provide schools with access to computer labs, laptops, software, digital learning content, and other technology infrastructure through MyCredit’s education financing product, Kuza Elimu….
Slow climate adaptation threatening lives and economies. PHOTO/ Duncan Moore/UNEP. By PATRICK MAYOYO [email protected] In a powerful address at the Adaptation Gap Report side-event at COP30, Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), issued a stark warning that the world is “running on empty” when it comes to adaptation finance, as…
Four years after its landmark report A Global Deal for Our Pandemic Age, the G20 High Level Independent Panel on Financing the Global Commons for Pandemic Preparedness and Response, recently reconvened by the South African G20 Presidency, has found that the world remains dangerously underprepared for future pandemics and must take urgent, coordinated action to…
Africa Must Pay Its Health Debt — Before the Planet Collects Africa’s most significant health crisis isn’t the next virus. It’s the quiet epidemic of polluted rivers, contaminated soil, and sick people left behind by decades of industrial neglect. From Ghana’s Galamsey pits to the oil-blackened streams of the Niger Delta, the continent has become…
Nairobi — As donor funding for Africa’s flagship health programmes declines, African leaders are pushing for greater self-reliance anchored in domestic resource mobilisation, even as they stress that targeted external support remains critical. At the Africa Health Systems Forum hosted by Strathmore Business School’s PRISM Centre with support from the Bill & Melinda Gates Foundation,…
The World Health Organization (WHO) today released new guidance for countries on ways to counter the immediate and long-term effects of sudden and severe cuts to external funding, which are disrupting the delivery of essential health services in many countries. The new guidance, called “Responding to the health financing emergency: immediate measures and longer-term shifts”,…
Luanda, Angola — 29 October 2025 The Alliance of African Multilateral Financial Institutions (AAMFI) and the African Union Development Agency-NEPAD (AUDA-NEPAD) have jointly announced the establishment of the AAMFI Infrastructure Financing Facility for African Union Development projects, a major initiative to accelerate infrastructure development across Africa. The announcement was made during the Luanda Infrastructure Financing…
Washington — The World Bank today approved an additional grant of $18.34 million to support Sierra Leone in enhancing biodiversity protection, environmental sustainability, and climate change resilience. This funding, provided through the Least Developed Countries Fund (LDCF) under the Global Environment Facility (GEF), will scale up ongoing activities under Phase 2 of the West Africa…
