Category : Search result: climate financing Africa


Fiji Leads Global Climate Action with 2026 Goals

Fiji is advancing renewable energy, community adaptation, and global advocacy, positioning itself as a climate leader. Discover how its 2026 vision offers hope and a model for action.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

Africa Reclaims Development Wheel After USAID Freeze

The abrupt freeze of USAID funding forces African governments and civil society to recalibrate strategies, sparking a crucial shift towards sovereignty and sustainable domestic financing for health and gender programmes.

Nigerian Teens Win JA Africa 2025, $3000 Prize

Nigerian secondary school students from Darul Noor win JA Africa Company of the Year 2025 with a climate-smart drone for agriculture. They advance to a global contest for a $15,000 prize. Read their inspiring story.

UAE invests $6bn in Africa's tourism sector

The UAE announces a massive $6 billion investment plan for African tourism development, targeting aviation, infrastructure, and digital projects. Learn how this partnership aims to create thousands of jobs.

FG Pushes States to Lead Disaster, Poverty Response

Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.

N37.59tr Maritime Trade Renews Call for Local Shipping

Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.

How Boko Haram Gets Money: 4 Funding Sources Revealed

Nigerian journalist Ahmad Salkida details Boko Haram's adaptive financial model, from community donations to criminal enterprises, explaining its resilience against military pressure. Read the full analysis.

Ex-CBN Gov Emefiele Denies Sponsoring Terrorism

Former CBN Governor Godwin Emefiele has vehemently denied allegations of financing terrorism in Nigeria, describing the reports as malicious and baseless. Read his full statement and the context of the claims.

Nigeria Must End Reliance on Foreign Health Aid - Presidency

Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.

N4bn Smart Agric Project Benefits 14,000 Bauchi Farmers

Over 14,000 smallholder farmers in Bauchi North are gaining climate resilience and income through a N4 billion regenerative agriculture initiative by Heineken Africa Foundation and Nigerian Breweries. Read more.

Bank CEO Calls for $25bn Aviation Fund in Nigeria

Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.

$50m Credit Boost for Northern Nigeria MSMEs

British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.

South Africa to Sit Out 2026 G20 After US Ban

South Africa announces it will not participate in the 2026 G20 meetings after the US barred its inclusion. Get the full details on this diplomatic standoff and its implications for multilateralism.

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