Business

Kenya’s Agribusiness Summit sets out a new blueprint for agricultural transformation

In Nairobi this week, Kenya reaffirmed its commitment to transform agriculture from a subsistence livelihood into a competitive, innovation-driven enterprise capable of powering economic growth. The 5th National Agribusiness Summit, held under the theme “From Promise to Action: Advancing Agribusiness Through Dialogue and Innovation.” The Summit brought together more than…
Read More

GHG Protocol releases draft update to Scope 2 guidance, redefining How companies report energy emissions

The Greenhouse Gas (GHG) Protocol, the world’s most widely used framework for corporate emissions reporting, has released for consultation a draft update to its guidance on Scope 2 emissions, the category covering greenhouse gases from purchased electricity, steam, heat, and cooling. The proposed update, open for public input until December…
Read More

Financial Times, World Bank Awards spotlight market-ready solutions driving jobs, clean energy, and resilience across the continent

The Financial Times and the World Bank Group recently opened the second Africa Sustainable Futures Awards, a continent-wide competition designed to surface commercially viable projects that deliver jobs, resilient infrastructure and measurable environmental outcomes. Running alongside the FT’s Africa Summit in London, the programme will judge initiatives launched since 2015…
Read More

Paris Agreement Crediting Mechanism could squeeze small players from Africa’s carbon market

A new analysis by the Project Developer Forum (PD Forum) has raised serious questions about the long-term viability of climate projects in developing economies under the emerging Paris Agreement Crediting Mechanism (PACM). Conducted in collaboration with the International Emissions Trading Association (IETA), the study examines how PACM’s stringent baseline rules,…
Read More

EU postpones sustainability reporting rules for non-EU companies, easing pressure on global firms

The European Commission has announced a delay in the rollout of its sustainability reporting standards for non-European companies under the Corporate Sustainability Reporting Directive (CSRD), effectively pushing the compliance window for global firms, including African multinationals with operations or listings in the EU, several years further out. The decision, communicated…
Read More