Chambers and Partners top ranks Law Scholar Dr Kariuki Muigua

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Chambers and Partners top ranks Law Scholar Dr Kariuki Muigua

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The Africa’s Green Economy Summit (AGES) 2026 opened its doors in Cape Town today, marking a pivotal moment in the continent's economic trajectory. Convening a powerful coalition of policymakers, financiers and innovators, the summit signals a decisive shift from conceptual ambition to concrete, bankable action in the pursuit of a sustainable African future. Under the banner of "From Ambition to Action: Scaling Opportunities in Africa's Green and Blue Solutions," AGES 2026, proudly sponsored by Sanlam Investments, is not merely a forum for discussion but a catalyst for deal-making and partnership. The gathering is built on a singular premise, that Africa’s environmental challenges are, in fact, its greatest economic opportunities. “Ambition lights the path, but it does not pave it. To transform our economies and uplift our communities, we must move beyond rhetoric to robust execution,” said Lerato Mbele, Summit Moderator. “This summit is a marketplace of ideas where we connect visionaries with investors, ensuring that Africa’s green transition is not just sustainable, but also scalable and profitable.” The strategic focus of this year’s agenda is underpinned by compelling data. The summit is shining a spotlight on the blue economy, a colossal yet often under-leveraged asset that already injects nearly $300 billion annually into the continent’s GDP and sustains 46 million livelihoods through fisheries, tourism and logistics. Simultaneously, the green economy, with agriculture and renewable energy at its core, is projected to unlock a staggering $10 trillion in global business value over the next decade, positioning Africa to generate an estimated 300 million new jobs for its burgeoning youth population. These are not distant prospects, but immediate frontiers for investment and innovation. Echoing this sentiment, the Honourable Naren Singh, Deputy Minister of Forestry, Fisheries and Environment, addressed delegates with a call for holistic progress. "Our journey towards a low-carbon future must be defined by a fundamental truth: sustainability is a three-legged stool, balancing the health of our planet, the prosperity of our people and the creation of shared value," he stated. "By investing in our natural capital, we are investing in the most resilient infrastructure of all our communities." Over the next two days, the summit floor will be a hive of activity. Attendees will engage in high-level interactive sessions, witness live project pitches from Africa’s most promising green entrepreneurs, and participate in curated networking forums designed to fast-track collaboration and knowledge transfer. AGES 2026 is more than an event, it is a declaration that Africa is ready to build a future where economic resilience and environmental stewardship are the same.

Africa’s Green Economy Summit 2026 Charts a Course from Vision to...

March 2, 2026

Following the advanced deployment of the retrofitted Boeing 777 aircraft to both Cape Town and Johannesburg last month, Emirates (https://Emirates.com), the world’s largest international airline, hosted a guided tour of the fully refreshed aircraft. The airline showcased its next-generation cabins, featuring the latest sophisticated design and South Africa’s debut of the highly acclaimed Premium Economy Cabin. Johannesburg and Cape Town are the first destinations in Africa to be served by the retrofitted Emirates Boeing 777, demonstrating the airline’s steadfast commitment to South Africa. Key stakeholders from South Africa’s aviation and tourism sectors were in attendance, including Wrenelle Stander, CEO of Wesgro in Cape Town and Poppy Khoza, Director General South African Civil Aviation Authority in Johannesburg, along with Rashid Alardha, Emirates’ Vice President Commercial Operations, Sub-Saharan Africa and Afzal Parambil, Regional Manager for Southern Africa, Emirates. Commenting on the deployment, Afzal Parambil said, “As we celebrate three decades of service to South Africa, our commitment to bring the latest and greatest to the market is unwavering. Over the years, we have built strong relationships with our customers and are proud to have a very high percentage of repeat passengers, particularly on long-haul travel to destinations in the Far East and Europe. The deployment of our refurbished Boeing 777 – our first in Africa – will further elevate the experience for these passengers, with the introduction of Premium Economy and our new Business Class experience. We look forward to welcoming travellers from South Africa on the refreshed Emirates Boeing 777 soon.”  A closer look at the refreshed Boeing 777 The refurbished four-class Emirates Boeing 777 features upgraded interiors with new design elements, including modern colour palettes, specially designed Ghaf Tree motifs, and wood finishes across all cabins. Each aircraft includes 260 latest generation Economy seats, 24 of the popular Premium Economy seats, 38 Business Class seats in 1-2-1 configuration and eight First Class Suites. Economy Class is decked out with a calming ocean blue interior, and high ceilings, giving a greater sense of space and light. The cabin features the latest generation seats with generous legroom, to ensure comfort is the top priority. The highlight is Emirates Premium Economy, introducing the much-lauded cabin to South Africa for the first time. Making luxury travel more accessible to a wider audience, Premium Economy offers an experience similar to Business Class on many airlines, with spacious leather reclining seats with full leg and footrests and adjustable headrests. It features in-seat charging points, a wood-finished side cocktail table, a 13.3-inch TV screen, a generously sized pillow and blanket, complimentary amenity kits on select flights and a globally exclusive sparkling wine - Chandon Vintage Brut 2017. Emirates’ Boeing 777 Business Class cabin has also been redesigned, with seats set-up in a 1-2-1 arrangement to offer privacy, aisle access and space to work, lounge and indulge in restorative rest. Each seat is wrapped in champagne leather, matching the ones on the latest Emirates A380, with detailed stitching and soft cushioned headrests. Described as a hotel room in the sky, Emirates’ First Class Suites maintain the highest levels of comfort, privacy and luxury that passengers have come to expect from Emirates and now offer refreshed interiors. Emirates’ industry-leading retrofit programme First initiated in November 2022, Emirates’ USD $5 billion dollar retrofit programme is one of the largest known programmes in the industry, with 219 A380s and Boeing 777s slated for nose-to-tail upgrades to enhance the onboard experience for passengers.   The monumental project is handled entirely in-house by Emirates Engineering, with over 270 engineers and technicians work round the clock, devoting over 1,800 manhours each day to bring each aircraft to impeccable completion. To date, 67 aircraft have rolled out of Emirates Engineering – 32 A380s and 35 Boeing 777s. Once complete, Emirates will have installed 8,512 next-generation Premium Economy seats, 2,034 refreshed First-Class suites, 12,720 upgraded Business Class seats with entirely new configurations, and thoughtfully overhauled 68,364 Economy Class seats.

Emirates welcomes its first retrofitted Boeing 777 in Africa

September 26, 2025

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The increase in the operating income was more than the rise in operating expenses to Sh1.07 billion from Sh905. 2 million, helping HF to more than double its profit in the period where the sector’s earnings slowed. The performance defied an environment of falling interest rates on loans in line with sustained decline in Central Bank Rate. Returns on government paper have also been falling even as foreign exchange income also softened on the back of reduced volatility on the shillings’ exchange rate. HF booked an 87.6 percent rise in income from securities to Sh595.97 million from Sh317.9 million while income from loans and advances grew to Sh1.18 billion from Sh1.16 billion. Operating expenses were driven by a rise in staff costs to Sh511.22 million from Sh437.21 million, even as the provisioning for loan losses eased to Sh110.43 million from Sh109.1 million. HF’s total deposits rose by 16 percent to Sh50.11 billion from Sh43.75 billion, which the lender attributed to increased market confidence after the recent rights issue. The balance sheet grew by 18 percent to Sh73.4 billion.

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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

Chambers and Partners top ranks Law Scholar Dr Kariuki Muigua

Climate research should inform development policies in Africa

SAFARICOM YOUNG SCIENTIST KENYA BOOT CAMP AT MOI GIRLS

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Insurers launch RetireMed, a post-retirement medical insurance cover

Africa’s Green Economy Summit 2026 Charts a Course from Vision to...

Emirates welcomes its first retrofitted Boeing 777 in Africa

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