Dodai Scales E-Motorbike and Battery Swapping Network with BII Backing

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Dodai has secured fresh backing from British International Investment (BII), as it accelerates the rollout of electric motorbikes and battery-swapping infrastructure in the capital, Addis Ababa. The UK’s development finance institution has committed $5 million in debt financing as part of Dodai’s broader $13 million Series A round, reinforcing investor confidence in clean, affordable transport…

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Funding, EV

Kenya’s Green Debt Market Expands as Kenya Mortgage Refinance Company Issues New Note

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Kenya Mortgage Refinance Company (KMRC) has announced plans to raise KSh 3 billion through a sustainability bond issuance scheduled for 28 April 2026. This will be the second tranche of its KSh 10.5 billion bond programme and marks the second green-debt issuance in Kenya within four months, following Safaricom PLC’s KSh 40 billion sustainability-linked bond…

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News

Central Bank of Kenya Advances Climate Transparency with New Disclosure Framework

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The Central Bank of Kenya (CBK) has introduced a comprehensive Climate Risk Disclosure Framework for the banking sector, marking a significant step toward embedding climate considerations into financial supervision and risk management practices. The framework, released in April 2026, requires regulated financial institutions to systematically identify, measure, manage, and disclose climate-related financial risks. This initiative…

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Policy & Regulations

Defining “Green”: Kenya Introduces Finance Taxonomy Framework

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Kenya launched its national Green Finance Taxonomy, a comprehensive classification system designed to provide clear, standardised definitions of environmentally sustainable economic activities. The framework, released by the National Treasury and Economic Planning in collaboration with the Central Bank of Kenya and development partners, aims to guide capital flows toward climate-resilient and low-carbon projects while reducing…

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Policy & Regulations

Bayer Foundation and UNCDF Move to Fill Food Systems Funding Gap

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The Bayer Foundation and the United Nations Capital Development Fund (UNCDF) have officially moved from planning to action with the first investments from the Food Systems Innovation Finance Facility (FSIFF). This initiative targets “missing middle” agribusinesses in underserved markets that are often deemed too risky for commercial banks but have outgrown traditional grants. Strategic Inaugural…

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Agri-SMEs, Funding

Copenhagen Infrastructure Partners-Backed Mulilo Reaches Financial Close

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Mulilo, a leading South African renewable energy developer backed by Copenhagen Infrastructure Partners (CIP) and Norfund, has officially reached financial close on the Beaufort West Solar PV facility. This milestone represents one of South Africa’s largest utility-scale solar projects to date and a major win for the Western Cape’s energy infrastructure. Project Breakdown: Scale and…

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Funding

At ARE EAIF 2026, Schneider Electric Reaffirms Its Commitment to Driving Inclusive Energy Transition for Sustainable Development in Sub-Saharan Africa

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Schneider Electric, a global energy technology leader, reaffirmed its commitment to accelerating an inclusive energy transition by expanding access to affordable, reliable, and sustainable green electricity across Sub-Saharan Africa. Shared at the opening of the Alliance for Rural Electrification (ARE) Energy Access investment Forum (EAIF) 2026 Conference, the commitment reflects Schneider Electric’s global ambition to…

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Featured

BasiGo Named BloombergNEF Pioneers 2026 Winner

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Published on: Apr 21, 2026 BasiGo has been recognised as a winner in the 2026 BloombergNEF (BNEF) Pioneers competition, a prestigious global initiative that identifies and spotlights startups driving the energy transition through breakthrough innovation and scalable solutions. The announcement was made in April 2026. The annual BloombergNEF Pioneers programme highlights companies tackling some of…

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News

Kenyan Bank Pioneers IFRS S1 and S2 Adoption to Champion Climate Transparency

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Kenya’s banking sector has taken a significant step toward enhanced climate transparency with the development and launch of a specialised reporting template aligned with IFRS S1 and IFRS S2. This initiative, led by the Kenya Bankers Association (KBA) in collaboration with key partners, positions Kenyan banks as pioneers in adopting global sustainability disclosure standards within…

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Policy & Regulations

BasiGo Targets Mass EV Deployment as Local Assembly of Ma3e Vans Begins

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Published on: Apr 17, 2026 BasiGo has begun local assembly of its Ma3e electric vans in Kenya, delivering the country’s first locally manufactured electric vans. The assembly is being carried out in partnership with Associated Vehicle Assemblers (AVA), a leading Kenyan contract manufacturer based in Mombasa, using Complete Knocked Down (CKD) kits. The first 22 locally…

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EV