Navigating the transition: African banks take over after international lenders exit

By Conrad Onyango, via bird story agency Local financial companies are capitalising on the opportunities left by international banks exiting Africa yet continue to struggle with the gap between perceived and actual risks in the market. In early 2022, UK-headquartered Standard Chartered Bank announced it was exiting five African countries and partially exiting two others - breaking its ‘here for good’ brand promise after more than a century on the […]

November 20, 2023 6

Africa

Ayca Unplugged: The Cop28 Youth Agenda Event to Drive Climate Action

In anticipation of the 28th UN Climate Change Conference (COP 28), Crtve Development, in collaboration with the African Youth Collaboration Assembly (AYCA) and the Royal Danish Embassy in Kenya, is thrilled to have hosted AYCA Unplugged: The COP28 Youth Agenda. This initiative aimed to harness the momentum ignited by the Africa Climate Summit 2023 (ACS) to reaffirm the inaugurated AYCA Nairobi Youth-Declaration, as well as the youth of Africa's commitment […]

November 17, 2023 12

Africa

African nations are increasingly favouring green bonds over emissions trading to power their transition to green energy.

By Conrad Onyango, bird story agency African countries are now favouring raising funds for projects that have positive climate and sustainability outcomes over emissions trading as green bond issuances soar across the continent. While legislative plans to regulate the sale of carbon credits are proliferating the continent, this race has been beset by controversies, with critics claiming it allows companies to continue polluting without reducing their emissions. Green bonds are becoming […]

November 15, 2023 6

Africa

Growing African vegetables on buildings can save space and feed cities – new study

The Eco Green Wall is an example of a sustainable living wall system. Karen Botes Karen Botes, University of Pretoria As cities grow, more people need food. However, space for farming is limited in cities. Building facades can offer a solution for growing food. We asked landscape architect Karen Botes to tell us about her research – cultivating traditional African vegetables on walls. What are ‘living wall systems’ and why […]

November 6, 2023 5

Africa

Guyana Deserves to Develop its Oil and Gas, and so does Africa

At a time when both African and Caribbean nations are making great strides towards developing recently discovered oil and gas reserves, countries whose development was driven by hydrocarbons are accelerating efforts to transition to a renewable energy future. This transition has seen wealthy nations establish a ‘green agenda,’ one which does not take into consideration Africa’s economic needs. The African Energy Chamber (www.EnergyChamber.org), therefore, strongly calls for an end to […]

November 2, 2023 4

Business / Economics

Stellantis and Orano Enter Electric Vehicle Battery Recycling Agreement

Stellantis N.V. and Orano today announced the signing of a memorandum of understanding to establish a joint venture for recycling end-of-life electric vehicle batteries and scrap from gigafactories in Enlarged Europe and North America, strengthening Stellantis’ position in the electric-vehicle battery value chain by securing additional access to cobalt, nickel, and lithium necessary for electrification and energy transition. “The United Nations’ Sustainable Development Goals has confirmed the need to find […]

October 25, 2023 9

Environment

Artificial coral reefs showing early signs they can mimic real reefs killed by climate change – new research

Rick Stafford, Bournemouth University and Zach Boakes, Bournemouth University Earth’s average temperature in September 2023 was 1.75°C above its pre-industrial baseline, breaching (if only temporarily) the 1.5°C threshold at which world leaders agreed to try and limit long-term warming. Persistent warming at this level will make it difficult for the ocean’s coral reefs to survive. The same goes for those communities who rely on the reefs for food, to protect […]

October 20, 2023 29

Opinion Pieces

Strengthening Agricultural Planning, 600 000 employments no conservative, Green Hydrogen alternative

By Josef Kefas Sheehama This article, however, attempts to seek out how diversification of the economy will enhance stable and viable economic growth in Namibia. Namibia still desperately needs to improve agricultural production systems and tackle the threats of climate change and uncertainty. Green hydrogen serves as an alternative but not Alpha and Omega for employment creations. The director general of the National Planning Commission and chairperson of the Green Hydrogen […]

October 20, 2023 6

Africa

Africa must rethink natural resources management to avoid adverse socio-economic consequences

Africa needs to rethink how it manages its natural resources to avoid adverse socio-economic consequences that could hamper sustainable development on the continent, experts said at a recent webinar organised by the African Development Bank (www.AfDB.org). The call came ahead of the 2023 United Nations Conference on Climate Change scheduled for November 30 to December 12 in Dubai, United Arab Emirates. The global conference (COP28) presents a milestone moment when […]

October 19, 2023 12

Climate Change