insert_link World Development finance: how it works, where it goes, why it’s needed By Abdul Latif Alhassan, University of Cape Town and Bomikazi Zeka, University of Canberra Development finance is the invisible glue that connects public and private financing for projects that have social, economic and environmental outcomes. These include improved infrastructure, better waste management and sanitation, financial inclusion, clean energy and sustainable agriculture. The goal of development finance is to create positive social, economic or environmental outcomes through […] todayApril 17, 2024 42
insert_link Africa Africa is fueling India’s economic ambitions By Bonface Orucho, bird story agency India is growing its investment and nurturing diplomatic alliances with a range of countries in Africa, recognizing the continent as a key component in its pursuit of superpower status. In the latest move, Ethiopia’s ambassador to India disclosed to The Print, an Indian news outlet recently, that the two countries are “in the final stages of clinching defence cooperation.” This is just […] todayMarch 20, 2024 16
insert_link Environment Environmental Investment Fund’s Libanda warns climate finance shortfall could worsen The United Nations Economic Commission for Africa has warned the continent faces a N$ 47 trillion climate finance shortfall by 2030. UNECA executive secretary, Claver Gatete, says only two percent of global clean energy investments reach Africa. Environmental Investment Fund CEO, Benedict Libanda says the shortfall will likely increase. todayMarch 6, 2024 39
insert_link Environment Ocean heating breaks record, again, with disastrous outcomes for the planet By Elizabeth Claire Alberts via Mongabay New research shows that ocean temperatures are hotter than ever in the modern era due to human-driven global warming. High ocean temperatures are placing a strain on marine life and biological processes while also increasing extreme weather events on land. The world is also seeing an escalation in the frequency and intensity of marine heat waves, events in which sea temperatures exceed a certain […] todayJanuary 31, 2024 13
insert_link Africa Africa’s battery manufacturing activity is charging ahead By Bonface Orucho, via bird story agency Africa is leading a homegrown revolution in battery manufacturing, leveraging its abundant green mineral resources and clean energy to feed surging global demand for clean, green, renewable energy storage. Strategic partnerships between countries and investment partners are gaining momentum, aiming to transform the continent, currently a net importer of batteries, into a self-sufficient region capable of meeting the growing battery storage demand […] todayJanuary 31, 2024 42
insert_link Africa 1 in every 3 dollars invested into startups in Africa in 2023 went into climate tech By Seth Onyango, via bird story agency Climate tech startups bucked the trend in Africa's venture capital space, actively notching up an impressive $1 billion amidst a broader funding fall-off in 2023. Data tracker, Africa: The Big Deal notes that around 1 in 3 dollars invested into startups on the continent in the forecast period went to climate tech startups. The strength of the sector according to the Deal, illustrates […] todayJanuary 30, 2024 6
insert_link Africa Pastoralist’s daughter pioneers new village to combat climate change and gender violence By Kate Okorie, via bird story agency Growing up in the wilds of Kajiado county of Kenya, Mana Omar knows first-hand the struggles women face in search of water during the arid months - a search that has grown harder and harder as rains become less and less dependable. The walk to the river is dangerous. Predators have mastered the routes these women take. The women's vulnerability is intensified at […] todayDecember 12, 2023 10