Business

Italy has launched a €5.5 billion investment drive across several African countries in a bid to redefine its development relationship with the continent. Announced during a high-level summit in Rome co-hosted by Italian Prime Minister Giorgia Meloni and European Commission President Ursula von der Leyen, the initiative—known as the Mattei…

As global leaders gathered in Vienna for the 9th OPEC International Seminar, the African Energy Chamber (AEC) made a strong and urgent appeal: it’s time to reverse the bans on fossil fuel financing that are severely stifling Africa’s development ambitions. Representing the continent’s oil and gas interests, the AEC urged…

The European Commission recently approved a one-month extension for the European Financial Reporting Advisory Group (EFRAG) to finalize its revised technical advice on the European Sustainability Reporting Standards (ESRS). Originally due by October 31, the new deadline of November 30, 2025, reflects growing concerns around the complexity of the EU’s…

Africa’s largest oil refinery is about to get even bigger—and the implications for the continent’s energy landscape could be transformative. The $20 billion Dangote Petroleum Refinery, located in the Lekki Free Trade Zone in Lagos, Nigeria, is undergoing a major expansion that will see its production capacity increase from 650,000…

As momentum builds toward Ecomondo 2025 – the leading European expo for green technologies and the circular economy – organizers are expanding the conversation globally with a three-country roadshow ahead of the main event in Rimini, Italy, this November. Set to visit Egypt, Serbia and Poland, the initiative is part…

Kenya, together with Singapore and the United Kingdom, launched a government-led Coalition to Grow Carbon Markets that on 24 June 2025 set out shared principles for the voluntary use of high-integrity carbon credits; the Coalition’s Shared Principles were presented again at the COP30 Business and Finance Forum in early November…

The burgeoning field of generative Artificial Intelligence (AI), while remarkable in its advancements, is drawing significant scrutiny over its environmental impact, particularly regarding water and energy consumption. An alarming examination reveals the extent to which tools like ChatGPT are contributing to this concern, as highlighted by Forbes, a University of…

In recent years, impact investing has rapidly emerged as a key strategy in the global financial system, promoting itself to align financial returns with positive social and environmental outcomes. The market, valued at approximately $1.1 trillion in 2022, is forecasted to grow by 18.6% annually through 2030. However, a new…

The United Nations Development Programme (UNDP) has published a white paper on Project Savannah, an initiative aimed at establishing common ESG metrics to generate digital sustainability credentials for Micro, Small, and Medium-sized Enterprises (MSMEs). This project, developed in collaboration with the Monetary Authority of Singapore (MAS) and the Global Legal…

International Men’s Health Week, running from Monday 10th to Sunday 16th June 2024, serves as a crucial reminder of the health issues that disproportionately affect men and the importance of seeking help. One of the most pressing areas is mental health, often overlooked due to societal norms and cultural expectations.…