Fox Wallet Bridges the Gap Between DeFi and CeFi with the Launch of an Africa-First, New and Insured Multi-Crypto Wallet

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Fox Wallet Bridges the Gap Between DeFi and CeFi with the...

Staff Writer - September 28, 2021

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Partnerships, special economic zones, new CSR essential for Africa’s economic diversification

Staff Writer - September 28, 2021

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Dr. James Mwangi Recognized Among 50 Most Reputable Bank CEOs in...

Staff Writer - September 28, 2021

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Kenya: Health CS calls for innovative health financing to help address...

Staff Writer - September 24, 2021

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Absa Kenya, Melanin Kapital partner in lending startups

Staff Writer - September 24, 2021

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African banks tapping into IBM Technologies to enhance financial inclusion

Staff Writer - September 24, 2021

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Sidian Bank Signs Ksh990 Million Deal With Oikocredit

Staff Writer - September 24, 2021

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GVG Launches Seamless Payments Solution For Governments

Staff Writer - September 24, 2021

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Top Rated South African Online Casinos with the Biggest Sign-Up Bonuses:...

Staff Writer - September 23, 2021

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NETFLIX LAUNCHES FREE PLAN IN KENYA

Staff Writer - September 21, 2021

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The Ministry of Health, together with partners, joined Kenyans at the 2nd International EndPPH Run at Ulinzi Sports Ground to raise awareness on Postpartum Haemorrhage (PPH)—the leading cause of maternal deaths in Kenya, accounting for up to 45% of cases. Despite progress in maternal and child health, PPH continues to claim the lives of too many mothers, especially in 13 hotspot counties such as Tana River, Garissa, West Pokot, Homa Bay, Migori, and Turkana, where lifesaving interventions are being prioritized. Speaking during the event, the Director General for Health, Dr. Patrick Amoth, emphasized the importance of sustained advocacy, timely interventions, and strong community awareness in saving lives. The Ministry of Health, in collaboration with counties and development partners, is committed to ending preventable maternal deaths through quality care, innovation, skills building, and stronger health systems. With early detection and prompt treatment, no mother should die while giving life. Run for Her – Together Against the Number One Killer of New Mums.

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Cooperative Bank of South Sudan has tapped the United Nations Development Programme (UNDP) in what experts are calling one of the most ambitious attempts yet to bring modern finance into the country’s rural economy. The deal, part of the multi-donor Rural Enterprise and Agricultural Development project, aims to pull thousands of small farmers, women entrepreneurs and youth-run agribusinesses into the formal financial system—many of them for the first time. At the signing ceremony in Juba, Caroline Mwongera, the country director for the UN’s International Fund for Agricultural Development (IFAD), termed the deal a turning point. “This agreement represents a transformational step in strengthening South Sudan’s rural financial systems,” she said, adding that the project will use credit, cooperative development and financial literacy as tools for long-term rural transformation. Backed by a $20 million (Sh2.6 trillion) IFAD grant and additional contributions from the South Sudanese government, UNDP, Cooperative Bank and local communities, this brings the total funding to more than $25 million (Sh3.3 trillion). The initiative aims to reach 162,000 people across seven counties, with half expected to be women and 70 percent youth. Officials say the structure of the project reflects the realities of South Sudan’s farm economy, where many farmers still rely on informal savings groups, handwritten lending records and unstructured markets.

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Cooperative Bank, UNDP sign deal to boost rural finance

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As global carbon markets shift from rule‑setting to real transactions, with Article 6 mechanisms advancing and compliance‑driven demand such as CORSIA coming into sharper focus, attention is turning to where credible supply and policy certainty can be delivered at scale. For Africa, this marks a transition from carbon market readiness to delivery. Against this backdrop, the Carbon Markets Africa Summit (CMAS) 2026 will take place from 13–15 October 2026 in Kigali, Rwanda, bringing together policymakers, investors, buyers, project developers and market enablers at a pivotal moment for global carbon markets. The Summit is delivered with the support of the Ministry of Environment of Rwanda, in partnership with the United Nations Development Programme (UNDP), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA) and AUDA‑NEPAD, and with support from private sector partners such as SGS and Anthesis. Rwanda has emerged as one of Africa’s most advanced carbon market jurisdictions, with active engagement under Article 6 of the Paris Agreement and a strong focus on mobilising climate finance. “Rwanda has made a deliberate choice to position carbon markets as a tool for climate action, investment mobilisation and long-term development,” said Dr. Bernadette Arakwiye, Minister of Environment, Rwanda. “Hosting CMAS 2026 reflects our commitment to building credible and investable carbon projects that deliver real value for our economy, communities and climate goals.” At a continental level, carbon markets are increasingly seen as a strategic financing mechanism for development. “The Summit provides a timely platform for African countries to shape the future of carbon markets in line with the continent’s development priorities, and reflects the growing momentum to build credible, high-integrity markets that deliver real value”, said Olufunso Somorin, Regional Principal Officer, Climate Change and Green Growth Programme, African Development Bank. “The Bank remains committed to working with our countries and partners to strengthen the policy, regulatory, and institutional frameworks needed to scale carbon markets, attract investments, and ensure Africa is well-positioned in global carbon markets.” “As Africa transitions to a low‑carbon economy, the mobilisation of private capital is needed at scale to support climate mitigation activities and build climate‑resilient infrastructure,” said Kumesh Naidoo, Carbon Markets Lead at the Development Bank of Southern Africa (DBSA). “As a regional DFI, the DBSA recognises the importance of carbon markets as a climate finance tool and has intentionally stepped forward to support their development through carbon financial instruments, capacitation support and the building of a robust carbon project pipeline. Partnering with CMAS 2026 provides the DBSA with a platform to advance these objectives.” CMAS 2026 is held under the theme: “Africa’s Carbon Markets on the Global Stage: Delivering a Strong Pipeline of Projects, Capital and Transactions at Scale”. As scrutiny on carbon market integrity intensifies, Africa’s carbon assets are increasingly viewed as tools for financing development and strengthening economic sovereignty. “High‑quality carbon markets offer Africa a unique opportunity to translate its vast natural capital into tangible economic value – mobilising finance at scale while empowering countries to pursue development pathways that are both sustainable and sovereign,” said Maxwell Gomera, UNDP Resident Representative in South Africa and Director of the Africa Sustainable Finance Hub. Designed as a market‑enabling platform, CMAS 2026 focuses on alignment between policy, capital and delivery. “We are deliberately shifting the focus from readiness to delivery,” said Emmanuelle Nicholls, Group Director: Green Economy at VUKA Group, the Summit organisers. “CMAS brings policy, capital and projects into the same space to support real transactions and long‑term market credibility.” The programme includes Article 6 and CORSIA workshops, investor and buyer roundtables, curated project presentations, deal rooms and solution‑labs addressing key bottlenecks such as early‑stage finance, MRV capacity and authorisation in practice. Ministerial roundtable and targeted networking formats support coordination and commercial outcomes. Register: https://apo-opa.co/49Kcmpy Get involved: https://apo-opa.co/3R8m6DR

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Staff Writer

Fox Wallet Bridges the Gap Between DeFi and CeFi with the...

Partnerships, special economic zones, new CSR essential for Africa’s economic diversification

Dr. James Mwangi Recognized Among 50 Most Reputable Bank CEOs in...

Kenya: Health CS calls for innovative health financing to help address...

Absa Kenya, Melanin Kapital partner in lending startups

African banks tapping into IBM Technologies to enhance financial inclusion

Sidian Bank Signs Ksh990 Million Deal With Oikocredit

GVG Launches Seamless Payments Solution For Governments

Top Rated South African Online Casinos with the Biggest Sign-Up Bonuses:...

NETFLIX LAUNCHES FREE PLAN IN KENYA

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Flipping the switch: is decarbonisation possible for Africa?

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Kenya Marks 2nd International End Postpartum Haemorrhage (EndPPH) Run at Ulinzi...

UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of...

Change of guard at the Kenya Rugby Union Secretariat

Cooperative Bank, UNDP sign deal to boost rural finance

EDITOR PICKS

DHL Expands Heavy Cargo Service

Africa Powers Carbon Market Delivery

Strengthening Africa’s Export Finance Future

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Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

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