Staff Writer

Monday, May 25, 2026

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Coca-Cola Beverages Africa – Kenya accelerates PET collection and recycling agenda

Staff Writer - November 11, 2021

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Backbase Partners with Microsoft to Re-Architect Banking Around the Customer

Staff Writer - November 11, 2021

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Kudos KoT: Social media posts inspiring tax compliance says KRA

Staff Writer - November 11, 2021

Feature

KEMSA: Board meets and assures Development partners that reforms are following...

Staff Writer - November 11, 2021

Feature

LAUNCH OF JAZA RAHA NA SHELL, SHINDA NYUMBA PROMOTION

Staff Writer - November 11, 2021

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Sanlam inks agreement with Letshego Kenya’s insurance agency

Staff Writer - November 11, 2021

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Standard Chartered to support restoration and conservation of the Nairobi Arboretum...

Staff Writer - November 10, 2021

News

JAMBOJET INTRODUCES IN-FLIGHT ENTERTAINMENT SERVICE

Staff Writer - November 10, 2021

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UPFIELD CELEBRATES THIRD ANNIVERSARY WITH REFORESTRATION EXERCISE IN KARURA

Staff Writer - November 10, 2021

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Orient Bank rebrands to I&M Bank (Uganda) Ltd

Staff Writer - November 10, 2021

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Meet Teresia, a resilient woman from Kiamuringa village in Gachoka location, Embu County who has defied adversity to secure a brighter future for her family. With five children to care for, Teresia took on the role of the family's sole provider, juggling various income streams from poultry and miraa farming to brick manufacturing. Her determination knew no bounds as she aspired to become a landlady in her community. In Kiamuringa, a semi-arid region, clean water was once a distant dream. Villagers had to trek two kilometers in search of boreholes, which often ran dry. To ensure her children's access to water, Teresia's young ones would wake up at 4 am daily to avoid the long queues, forcing Teresia's children to rise before dawn, braving long queues, their education hanging by a thread. Moreover, the exposed boreholes posed health risks due to waterborne diseases. Frustrated by this situation, Teresia turned to BIMAS microfinance. She had been a loyal member for years, securing loans to nurture her miraa, poultry, and brick businesses. She recognized that hens, miraa, and brickmaking all demanded copious amounts of water for success. In January 2021, a ray of hope emerged as Teresia learnt that BIMAS was offering financing for water tanks to its customers. She seized this opportunity and secured a Ksh 27,000 loan to purchase and install a 4,000-liter water tank in her home. Additionally, BIMAS assisted her in acquiring a water pump worth Ksh 50,000. These investments proved to be game-changers, allowing her to operate her businesses seamlessly even during dry seasons. Today, Teresia's life has undergone an admirable transformation. She is not only a content mother but also a generous neighbor who shares her reservoir's abundance with the community. Her children's education has significantly improved as they can now focus on their studies without the burden of water-fetching. Furthermore, access to clean water has enhanced their health and overall well-being. Teresia's entrepreneurial spirit has thrived with BIMAS's support, leading to the establishment of a rental business on her property. Her success story is a proof to how access to clean water can unlock opportunities and improve lives. With a radiant smile, she expresses her gratitude, saying, "BIMAS has brought joy into my life, and I am delighted to see my neighbors benefit as well. I eagerly look forward to securing financing for another 6,000-liter water tank for my rental premises." Teresia's journey to water prosperity is an inspiration to us all.

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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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Coca-Cola Beverages Africa – Kenya accelerates PET collection and recycling agenda

Backbase Partners with Microsoft to Re-Architect Banking Around the Customer

Kudos KoT: Social media posts inspiring tax compliance says KRA

KEMSA: Board meets and assures Development partners that reforms are following...

LAUNCH OF JAZA RAHA NA SHELL, SHINDA NYUMBA PROMOTION

Sanlam inks agreement with Letshego Kenya’s insurance agency

Standard Chartered to support restoration and conservation of the Nairobi Arboretum...

JAMBOJET INTRODUCES IN-FLIGHT ENTERTAINMENT SERVICE

UPFIELD CELEBRATES THIRD ANNIVERSARY WITH REFORESTRATION EXERCISE IN KARURA

Orient Bank rebrands to I&M Bank (Uganda) Ltd

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KK Security rebrands to GardaWorld Security following acquisition

GBF Spins Off Latin America Team, Strengthens Africa Operations

How do we raise resilient children?

Tried and tested solutions for natural hair

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TUSKER LITE UNVEILS NEW CAMPAIGN WITH A REFRESHED PACK DESIGN

IBC Japan eyes Kenya, EAC car market in duty-free deal

Dambisa Moyo on democracy, China’s economic model and foreign aid

Bimas Microfinance Impact Stories: GIVING BRIGHT FUTURES TODAY

EDITOR PICKS

DHL Expands Heavy Cargo Service

Africa Powers Carbon Market Delivery

Strengthening Africa’s Export Finance Future

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