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Why Kenyan farmers need insurance

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For any businessperson, the success of their biashara is a source of pride and joy. However, beyond that, their...

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Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced its equity investment in Dhamana Guarantee Company Limited (“Dhamana”), a credit enhancement facility established to unlock long-term, local-currency financing for infrastructure projects across East Africa. The investment forms part of AFC's approved commitment of up to US$20 million in capital, with an initial tranche of US$10 million in Dhamana’s core capital. Dhamana is designed to provide guarantees that enable infrastructure developers access domestic debt capital markets - particularly pension funds and institutional investors - on improved terms, while also supporting financial institutions to deepen financial inclusion. Dhamana’s operating model builds on the successful framework already implemented by similar Credit Enhancement Facilities in West Africa, notably InfraCredit Nigeria, where AFC is a founding shareholder. Commenting on the investment, Banji Fehintola, Executive Board Member and Head of Financial Services at Africa Finance Corporation, said: “Dhamana represents a strategic opportunity to deepen domestic capital markets in East Africa by linking long-term institutional savings to bankable infrastructure investments. Building on our experience with InfraCredit in Nigeria, AFC is pleased to support the establishment of another credit enhancement facility focused on East Africa that will help unlock local-currency financing, strengthen investor confidence, and accelerate infrastructure delivery across the region.” Also commenting on the investment, Christopher Olobo, Chief Executive Officer of Dhamana Guarantee Company, said: “We are delighted to welcome Africa Finance Corporation as a shareholder in Dhamana. AFC’s investment marks a major institutional endorsement of our mandate to unlock long‑term, local currency financing for infrastructure and priority sectors across East Africa. Drawing on AFC’s deep experience with credit enhancement platforms such as InfraCredit Nigeria, this partnership strengthens our capital base, governance and strategic capability as we scale our guarantee operations. We look forward to working closely with AFC to mobilise domestic institutional capital, deepen local debt markets, and deliver transactions that combine strong risk discipline with measurable developmental impact.” Dhamana is backed by a strong consortium of development partners and institutional investors, with AFC expected to play an active role in governance and strategic oversight. The Company’s pipeline spans multiple infrastructure sectors across East Africa, with a focus on transactions that deliver measurable developmental impact while meeting strong risk management and governance standards. The investment aligns with AFC’s broader strategy to support credit enhancement facilities across Africa, recognising their role in mobilising domestic capital, deepening local debt markets, and improving the financial sustainability of infrastructure projects.

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Africa Finance Corporation (AFC) Invests in Dhamana Guarantee Company to Catalyse...

Canon Europe (www.Canon-Europe.com), in partnership with Visa pour l’Image, announces two grants to support long-term documentary projects both in the photography and filmmaking space. Championing the very best in storytelling, the 26th Canon Female Photojournalist Grant celebrates an outstanding photographer in recognition of her contribution to photojournalism, whilst the 7th Canon Video Grant acknowledges those wanting to magnify a social, cultural or economic issue in documentary form. The grants are open to individuals worldwide. Canon Female Photojournalist Grant For the 26th year in a row, Canon and Visa pour l’Image will award an €8,000 grant to a female photojournalist pursuing a long-term documentary project. The grant is designed to either support the completion of an existing project or facilitate the making of a new one. Entries will be judged by a jury of renowned industry experts. In 2025, French photojournalist Marion Péhée was awarded for her long-term project documenting young adults in Ukraine. Former grantees (https://apo-opa.co/41JgwcU) include Anastasia Taylor-Lind, Natalya Saprunova and Acacia Johnson. Canon Video Grant Alongside this, Canon together with Visa pour l’Image are seeking documentary filmmakers for the 7th Canon Video Grant. In 2025, Shiho Fukada, photojournalist and filmmaker, was awarded for her project ‘Echoes of Little Tokyo’, focusing on a fifth-generation funeral home serving Los Angeles' Japanese-American community. The grant winner will receive €8,000, along with a loan of video kit including a Canon video camera and two lenses to make a short documentary of approximately eight minutes in length. Both grants form part of a long-standing partnership between Visa pour l’Image and Canon, celebrating its 37th anniversary this year. The winning projects of 2025 (Marion Péhée and Shiho Fukada's projects) will be presented at this year’s Visa pour l’Image festival in Perpignan, France. How to apply Canon Female Photojournalist Grant: Application window: 18 March – 19 May 2026 Granted to professional photojournalists actively working in the field Worldwide submissions accepted Entry is free Apply here: https://apo-opa.co/4tfKRf4 Canon Video Grant: Application window: 25 March – 27 May 2026 Granted to professional documentary filmmakers actively working in the field Worldwide submissions accepted Entry is free Apply here: https://VisaPourlImage.com

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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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Why Kenyan farmers need insurance

MOST POPULAR

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Africa Finance Corporation (AFC) Invests in Dhamana Guarantee Company to Catalyse...

Canon’s Female Photojournalist Grant and Video Grant Now Accepting Applications

Fortified Whole Grain Alliance launches in Rwanda with ambitious target to...

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