Category: News

In May 2026, Ecobank closed a $450 million, 10.25-year Tier 2 Eurobond carrying the ICMA Nature Bond secondary designation, making it the first commercial bank globally to issue a use-of-proceeds green bond with this label. The transaction was oversubscribed 3.9 times, with order books topping $1.36 billion against an initial $350 million target. But what…

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Aliko Dangote, Africa’s richest man and founder of the Dangote Group, has expressed strong interest in replicating the landmark Dangote Refinery model in Kenya. In a recent interview with the Financial Times, Dangote indicated that Kenya is a prime candidate for a new large-scale refinery, citing the country’s strategic location, growing energy demand, and potential…

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Schneider Electric, in partnership with Enactus, is reflecting on two years of successful collaboration across Sub-Saharan Africa, advancing youth entrepreneurship, sustainable energy innovation, and measurable community impact. From 2024-25, the partnership engaged more than 32,000 students across South Africa, Kenya, Nigeria, and Zimbabwe, equipping young leaders with the skills, mentorship, and funding to design and scale…

Read More “Schneider Electric Foundation and Enactus two-year- partnership reaches over 30 000 students across Sub-Saharan Africa” »

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…

Read More “Kenya’s Green Debt Market Expands as Kenya Mortgage Refinance Company Issues New Note” »

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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Standard Bank has completed a $250 million financing facility for Aradel Energy Limited, a prominent indigenous Nigerian oil and gas company. Financial close was achieved in late January 2026, with the transaction announced on January 29, 2026. Standard Bank served as global coordinator and bookrunner, leading the structuring, execution, and funding of the facility in…

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United States is set to withdraws from UNFCCC, as announced by the White House on January 7, 2026, marking a significant retreat from global climate cooperation under President Donald Trump. This decision encompasses the foundational United Nations Framework Convention on Climate Change (UNFCCC), the parent treaty for all major international climate agreements, alongside 65 other…

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As the African Energy Week (AEW): Invest in African Energies wraps up its flagship conference in Cape Town, South Africa (September 29 – October 3), the spotlight has firmly shifted to the sector’s unsung heroes and game-changers. The AEW 2025 winners were unveiled during the prestigious African Energy Awards, a ceremony that recognises innovation, leadership,…

Read More “Who Is Leading Africa’s Energy Future? Meet the AEW 2025 Winners” »

The Second Africa Climate Summit (ACS2) wrapped up on September 11, 2025, in Addis Ababa, Ethiopia, marking a pivotal moment for the continent’s role in global climate action. Hosted by the Federal Democratic Republic of Ethiopia in partnership with the African Union, the summit operated under the theme “Accelerating Global Climate Solutions: Financing for Africa’s…

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Written By: Faith Jemosop South Africa’s electricity crisis has long dominated headlines, but a deeper, more insidious threat is unfolding beneath the surface, one that experts warn may be even more devastating than load-shedding. From the crumbling water infrastructure to mounting economic stagnation, rampant corruption, and decaying local governance, South Africa is teetering on the…

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