Octavia Carbon captures CO₂ directly from the air using geothermal energy in Kenya’s Rift Valley. • The company plans to scale up from 10 tonnes to 1,000 tonnes of CO₂ captured annually by 2025. • ...

Efficient water systems lower operational costs, unlock public funding, and support national development goals. By harnessing technology, this partnership has the potential to transform Kenya’s ...

Sub-Saharan Africa saved money using mobile accounts in 2024, well above the 9% average in low- and middle-income countries. Mobile money accounts now fuel nearly 60% of formal borrowing in the region ...

The Global Environment Facility (GEF) will launch biodiversity bonds to raise up to $1.5 billion for Africa’s threatened species. The bonds link repayments to conservation outcomes, reducing repayment ...

Kilimo, a digital platform connecting farmers to extension agents via mobile app. The platform enables tracking of input sellers and evaluates extension agents to boost service quality. Limited ...

Ashenda is a vibrant traditional festival celebrated primarily in northern Ethiopia, particularly among the Tigray and Amhara communities, as well as in parts of Eritrea. This unique celebration takes ...

Côte d’Ivoire Terminal added 2 electric STS and 9 RTG cranes to boost capacity at Abidjan’s second container terminal The upgrade supports rising container traffic, which doubled to 1.6M TEUs in 2024, ...

Eskom targets 32 GW renewable capacity by 2040, cutting coal to 18 GW Plans include new clean energy projects and a dedicated subsidiary $22B debt and rising off-grid solar raise funding and demand ...

After years of stagnation or even decline, platinum prices are up more than 40% this year, making it the best-performing precious metal by mid-2025. As the global market heads toward a third ...

Senegal began GDP rebasing on July 15 after a credit downgrade and IMF program suspension Authorities aim to reflect real growth and ease debt ratio concerns Markets rebounded, but S&P warns of $10B ...

Samurai bond, first for sub-Saharan Africa • The 10-year, 2.3% ESG-labeled bond was backed by JBIC and drew strong demand • Part of broader 2025 strategy, including $1.75B eurobond and CFA 220B local ...

The Board of Directors of the African Development Bank Group has approved €173.84 million for the Rwanda Energy Sector Result-Based Financing (RBF II) program to modernize the electricity network, ...