Business

The Global Center on Adaptation (GCA) has officially broken ground on its new African headquarters in Nairobi, a milestone that signals a major evolution in global climate governance. The new facility, set to be completed by 2027 at a cost of KSh1.7 billion, marks the launch of a historic dual-headquarters…

The African Development Bank (AfDB) and the Sustainable Energy Fund for Africa (SEFA) have committed $40 million to Zafiri, a new investment platform designed to support decentralized renewable energy (DRE) projects across the continent. Zafiri was developed with the World Bank Group and other partners to address a key financing…

The European Commission has launched a new Call for Evidence on its proposed “environmental omnibus” package, a sweeping effort to simplify EU legislation on circular economy, industrial emissions, and waste management. While framed as an internal administrative reform, this move carries potentially far-reaching implications for African economies and exporters deeply…

A sweeping cross-border pipeline project, known as the Central African Pipeline System (CAPS), is gaining traction as one of Central Africa’s most transformative energy infrastructure undertakings. Designed to link oil, gas, and LPG supply chains across up to 11 nations, the initiative has taken a key step forward following the…

Financial leaders from across East and Southern Africa gathered in Mwanza from July 14 to 18 for the 22nd East African Banking School Conference, with a focus on rethinking the future of banking in light of sustainability, climate risk, and economic inclusion. With the theme “Leading Regional Banking Sectors Towards…

Ghana’s upstream energy sector is undergoing a revival that reflects a strategic alignment with broader sustainability goals. In recent weeks, two major developments have positioned the West African nation at the forefront of energy opportunity on the continent. Italian energy giant Eni has declared the commercial viability of the Eban-Akoma…

From 4th to 7th November 2025, the Rimini Expo Center in Italy will once again host Ecomondo, Europe and the Mediterranean basin’s landmark event for the green, blue, and circular economy. Now in its 28th edition, Ecomondo continues to grow in scope and ambition, bringing together industries, institutions, and researchers…

Angola is repositioning its oil sector strategy with a renewed push into onshore and shallow water exploration, signaling a major pivot in one of Africa’s most mature hydrocarbon markets. This shift comes amid intensified efforts to sustain national crude output above one million barrels per day, even as traditional offshore…

Ampersand, the continent’s foremost electric vehicle (EV) energy technology company, has unveiled “Alpha” as the new identity of its flagship electric motorcycle. This is in a strategic move marking a new chapter in Africa’s electric mobility journey. The announcement signals a brand evolution that separates the e-motorcycle from the company’s…

A new draft standard released by the Global Reporting Initiative (GRI) is set to reshape how sustainability is reported across the global textile and apparel sector—offering African producers, manufacturers, and retailers a chance to align with international expectations and assert their place in responsible supply chains. The draft, which is…