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Category: News updates

KCB’s Green Lending Reaches New Heights as Sustainable Finance Exceeds 25% of Total Loans

Posted on June 11, 2026 By Africa Digest News No Comments on KCB’s Green Lending Reaches New Heights as Sustainable Finance Exceeds 25% of Total Loans
KCB’s Green Lending Reaches New Heights as Sustainable Finance Exceeds 25% of Total Loans

KCB Group Plc has disbursed KShs. 48.8 billion in green financing loans across East Africa, surpassing its strategic target of allocating 25% of total lending to green projects and reaching 25.84% in 2025, up from 21.6% in 2024. The figures are disclosed in KCB’s 2025 Sustainability Report themed “Transitioning Economies,” which positions sustainable finance as…

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Why the GCF Is Expanding Its Presence in Developing Regions

Posted on April 1, 2026 By Africa Digest News No Comments on Why the GCF Is Expanding Its Presence in Developing Regions
Why the GCF Is Expanding Its Presence in Developing Regions

The Green Climate Fund (GCF) has selected Nairobi, Kenya, as the host city for its new Eastern and Southern Africa regional office. This decision, announced during the GCF’s 44th Board meeting, held from 25 to 28 March 2026 in Songdo, South Korea, represents a landmark shift in the Fund’s operational model. At the same meeting,…

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What Koko Networks’ Administration Means for 1.5 Million Households

Posted on February 5, 2026 By Africa Digest News No Comments on What Koko Networks’ Administration Means for 1.5 Million Households
What Koko Networks’ Administration Means for 1.5 Million Households

Koko Networks Limited and its subsidiary Koko Networks Global Services (Kenya) Limited have been placed under administration effective 1 February 2026, following a complete cessation of operations across Kenya. PricewaterhouseCoopers (PwC) partners Muniu Thoithi and George Weru were appointed joint administrators under Kenya’s Insolvency Act 2015, assuming control of the companies’ assets, operations, and strategic…

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What Africa’s Second Climate Summit Means for the Road to COP30

Posted on September 9, 2025 By Africa Digest News No Comments on What Africa’s Second Climate Summit Means for the Road to COP30
What Africa’s Second Climate Summit Means for the Road to COP30

The Second Africa Climate Summit (ACS2), held from September 8–10, 2025, in Addis Ababa, Ethiopia, has emerged as a defining moment for Africa’s climate agenda. Hosted by the Government of Ethiopia in collaboration with the African Union (AU), the summit has convened over 25,000 stakeholders, including heads of state, policymakers, scientists, youth activists, and investors,…

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Climate Change and Urban Growth Could Double Malaria Risk in Africa by 2100

Posted on June 24, 2025 By Africa Digest News No Comments on Climate Change and Urban Growth Could Double Malaria Risk in Africa by 2100
Climate Change and Urban Growth Could Double Malaria Risk in Africa by 2100

Written By: Faith Jemosop A New Threat Amplifies a Century-Old Disease Africa already bears the brunt of the global malaria crisis, accounting for a staggering 94% of cases worldwide. But a new study now signals an even graver future. If current trends persist, the number of days with extremely high malaria infection risk could double…

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Mount Kenya Glacier’s Decline Threatening Water Security

Posted on March 24, 2025March 24, 2025 By Africa Digest News No Comments on Mount Kenya Glacier’s Decline Threatening Water Security
Mount Kenya Glacier’s Decline Threatening Water Security

The climate crisis, a relentless force, has increasingly impacted Kenya’s vital water resources. Nowhere is this more evident than on the majestic slopes of Mount Kenya, a symbol of natural splendor now bearing witness to the stark realities of climate change. The mountain’s once-expansive glaciers, a critical source of freshwater, are rapidly diminishing, posing a…

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