Nigeria’s Bank of Industry (BOI) has received its first project endorsement from the Adaptation Fund Board, opening a new avenue for the country to access international climate adaptation finance through a public development bank. The endorsement was announced as the Board approved $98.8 million for new climate adaptation projects at the conclusion of its 47th meeting on October 23, 2026. The Fund also established a target to mobilise at least $1.2 billion between 2026 and 2029 to meet rising demand for adaptation funding. The approval expands cooperation between the Adaptation Fund and public development banks, highlighting the potential role of domestic financial institutions in delivering climate resilience interventions. However,...

United Bank for Africa (UBA) has commenced a five-day Climate Action Week aimed at promoting environmental responsibility, raising awareness of climate change and expanding support for sustainable businesses across Africa. Running from October 26 to 30, 2026, the campaign is themed “Banking on Africa’s Climate Future”. It reflects the bank’s commitment to incorporating sustainability into its operations, customer engagement and financing solutions. The initiative began with the installation of waste segregation bins across UBA offices and measures to reduce single-use plastics at its head offices. The activities are intended to translate the bank’s sustainability commitments into practical workplace measures and broader environmental action. Throughout the campaign, UBA will share...

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...

Alef Education has reported positive first-year findings from its climate literacy initiative in Kenya, developed in collaboration with UNICEF Kenya and the Kenya Institute...