Staff Writer | Business Insights Africa Magazine | Page 34

Saturday, May 23, 2026

Home Authors Posts by Staff Writer

1710 POSTS 0 COMMENTS

News

Safaricom launches program to empower SMEs

Staff Writer - December 16, 2024

News

Smallholder Farmers Get Ksh10 Million Avocado Bonus

Staff Writer - December 16, 2024

News

Raimond Molenje is new KBA boss

Staff Writer - December 16, 2024

News

Government celebrates women venturing into engineering courses

Staff Writer - December 13, 2024

News

Jubilee Health Insurance’s Njeri Jomo Named CEO of the Year at...

Staff Writer - December 13, 2024

News

Co-op Bank Launches Innovative Business Cards in Partnership With Visa

Staff Writer - December 11, 2024

News

#YearOnTikTok 2024: Celebrating African Creativity, Culture, and Impact

Staff Writer - December 11, 2024

News

KnowBe4 Predicts Artificial Intelligence (AI) Advances will Shape Evolving Landscape of...

Staff Writer - December 11, 2024

News

VC4A connects funders of Africa’s startup success at Africa Early Stage...

Staff Writer - December 11, 2024

News

30 brilliant African women scientists recognized

Staff Writer - December 11, 2024

1...333435...171 Page 34 of 171

MOST POPULAR

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

February 12, 2019

Launch of the first ever Africa Protected Areas Congress

February 15, 2019

Tusker Oktobafest wraps up with a grand celebration of beer, music...

November 6, 2024

Solarcentury signs contract with ICAO to install East Africa’s largest Airport...

October 29, 2018

HOT NEWS

News

Sanlam Kenya Commits Ksh21M To Improving Primary Schools’ Infrastructure

News

KPC, CREAW and Morendat Institute sign deal to support female GBV...

The Communications Authority of Kenya (CA) latest report also shows that parcels sent abroad through courier companies rose slightly from 24,638 in Q3 to 24,809 in Q4, while international incoming parcels recorded a significant drop, from 194,148 in Q3 to 30,583 in Q4. On the other hand, the operators managed to handle 810,236 letters, a decrease from the previous quarter, when they had handled 827,994 letters. During the review period, the number of domestic courier letters increased slightly, from 764,948 in Q3 to 769,458 in Q4. However, international outgoing letters fell sharply to 8,738 in Q4 from 23,506 in Q3, while incoming letters also declined to 32,040 in Q4 compared to 39,540 in the previous quarter. The report has, however, noted that the revenue collected from the courier services has, over the years, shown promising results after the government managed to collect Sh1.20 billion in 2024 compared to Sh900 million in 2023. “The total revenues reported by private courier operators offering national and international courier services grew by 1.0 percent in 2024 to KSh. 6.28 billion. Additionally, revenues collected by national courier operators increased by 33.3 percent, from 0.90 billion reported in 2023 to 1.20 billion in 2024,” the report stated. In the past year, employment in the country’s courier sector has also seen steady growth, with the number of people working in courier services reaching 6,736 in Q4 of 2024/2025, up from 6,387 in the same quarter the previous year.

News

Private courier firms lift parcels handled in Q4 to 3.06mn

Gadgets

African Development Bank’s Coding for Employment program set to expand digital...

Ad

EDITOR PICKS

DHL Expands Heavy Cargo Service

May 14, 2026

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

Africa Powers Carbon Market Delivery

May 14, 2026

Strengthening Africa’s Export Finance Future

May 14, 2026

POPULAR POSTS

Third Africa Islamic Finance Forum Confirmed for Nigeria March 2018

March 23, 2018

EABL signs lease deal for office space in upcoming Garden City...

March 14, 2018

Facebook Introduces Messenger Rooms and More ways to connect

April 27, 2020