More than 50 representatives from African countries and development finance institutions met in Vienna last week for a three-day workshop aimed at strengthening environmental and social risk management in development projects. The workshop was organised by the African Development Bank Group (AfDB), the OPEC Fund for International Development and the Netherlands Commission for Environmental Assessment (NCEA). It formed the second phase of the AfDB/OPEC FUND E&S Capacity Building initiative, launched in June 2025 in Vienna, Austria. Senior regulatory officials from Chad, Comoros, the Democratic Republic of Congo (DRC), Kenya, Madagascar, Niger, Senegal and Uganda participated in the programme. They were joined by representatives of the World Bank, Islamic...

South Africa is preparing the framework for a possible first sovereign green bond, potentially creating another financing channel for climate and development priorities as the country faces an estimated R3.7 trillion investment requirement for climate mitigation and adaptation between 2026 and 2035. The issuance could take place during the fiscal year ending March 2027, depending on market conditions, the availability of an eligible project pipeline and government readiness. The move is also drawing attention to how sustainability credentials are defined, measured and incorporated into investment decisions. National Treasury published its Sovereign Use of Proceeds Framework and accompanying Second Party Opinion in May, establishing the foundation for potential thematic...

The Federal Government has introduced the National Agricultural Mechanisation Policy and the National Agricultural Mechanisation Investment Strategy, alongside plans to establish a mega tractor...

LAPO Microfinance Bank (LAPO MfB) strengthened its sustainability footprint in the first half of 2026, deploying billions of naira to green, agricultural and climate-related...

The United Nations (UN) has renewed its call for stronger financial commitments, deeper partnerships and sustained investment in people to help Africa accelerate progress...

Applications have opened for Cohort 16 of the Orange Corners Nigeria Incubation Programme, an initiative supporting young entrepreneurs in Lagos State who are developing...