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African Union recognizes Executive Director of UNAIDS for his outstanding achievements...

Staff Writer - February 12, 2019

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Manyatta Boys and Ndhiwa Queens crowned Chapa Dimba Na Safaricom Nyanza...

Staff Writer - February 11, 2019

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“We are in a race with time to unlock Africa’s full...

Staff Writer - February 11, 2019

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Safaricom Foundation To Invest 130 Million Shillings In Support Of Vocational...

Staff Writer - February 11, 2019

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Safaricom Announces New Bundles That Offer Both Calls and Data

Staff Writer - February 8, 2019

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Safaricom Partners With KAPS to Enable M-PESA Parking Payment

Staff Writer - February 7, 2019

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SAFARICOM FOUNDATION TO ANNOUNCE MAJOR INVESTMENT IN TVET

Staff Writer - February 7, 2019

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Ethiopia vows to enhance women’s participation in peacekeeping

Staff Writer - February 6, 2019

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Ecobank and Terre des Hommes launch Safe Savings Project to empower...

Staff Writer - February 6, 2019

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Nyanza Region Chapa Dimba games To Climax at Moi Stadium Kisumu

Staff Writer - February 6, 2019

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The LAPTRUST Defined Benefit (DB) Scheme saw net assets rise to Sh28.1 billion, up from Sh26.99 billion in 2023, reflecting the scheme’s consistent investment strategy. The County Pension Fund (CPF) posted the most significant growth, with net assets surging to Sh51.67 billion from Sh36.97 billion. CPF Group Group MD and CEO Hosea Kili credited the performance to prudent fund management, a deep understanding of member needs, and a focus on financial literacy through innovation and partnerships. The Group declared an 8.8 percent interest rate despite macroeconomic volatility. Active membership rose to 94,116 following the enrolment of over 17,500 new members, while the sponsor base expanded to 194 institutions. Other schemes under the Group also recorded positive growth, with the Salih Fund attracting 9,895 members, the Post-Retirement Medical Fund increasing its assets from Sh32.8 million to Sh55.2 million, and the Individual Pension Scheme posting a 42.4 percent rise in assets to Sh4.11 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

African Union recognizes Executive Director of UNAIDS for his outstanding achievements...

Manyatta Boys and Ndhiwa Queens crowned Chapa Dimba Na Safaricom Nyanza...

“We are in a race with time to unlock Africa’s full...

Safaricom Foundation To Invest 130 Million Shillings In Support Of Vocational...

Safaricom Announces New Bundles That Offer Both Calls and Data

Safaricom Partners With KAPS to Enable M-PESA Parking Payment

SAFARICOM FOUNDATION TO ANNOUNCE MAJOR INVESTMENT IN TVET

Ethiopia vows to enhance women’s participation in peacekeeping

Ecobank and Terre des Hommes launch Safe Savings Project to empower...

Nyanza Region Chapa Dimba games To Climax at Moi Stadium Kisumu

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SAFARICOM FLAGS OFF TWAWEZA LIVE EXPERIENCE

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CPF Group membership, assets up

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