Climate Finance

Equity Group Holdings Plc is set to open a new representative office in the United Arab Emirates (UAE) following regulatory approval.This expansion is part of the company’s strategic plan to expand beyond East and Central Africa. The new office aims to enhance cross-border financial services, promote trade and investment between Africa and the Middle East,

Kenya has secured a concessional loan of $126.8 million (approximately KSh16.4 billion) from the International Fund for Agricultural Development (IFAD) to enhance environmental conservation and support rural livelihoods. This funding is intended to support the launch of Integrated Natural Resources Management Programme (INReMP), a multi-year initiative aimed at both ecological preservation and socio-economic development. The

BURN, Kenya’s clean cookstove manufacturer and carbon project developer, has received $80 million from Trade and Development Bank Group (TDB Group) to scale access to clean cooking in Mozambique, the Democratic Republic of Congo (DRC), and Zambia. The deal , which includes both debt and results-based financing through TDB and its concessional arm, the Trade

Luno, a South African cryptocurrency platform, has re-entered the Kenyan market to allow Kenyans to securely buy, sell, and store digital assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). This relaunch marks the return of the firm after years-long hiatus. Luno, which previously operated in Kenya under the name BitX from 2013 to 2014,

By Prudence Khamati Insurance for most Kenyans, is a grudge purchase – something people reluctantly buy because it is mandated, not necessarily because they see its value. This has contributed to a low insurance penetration rate of under 3%, according to the Insurance Industry Annual Report 2023 by the Insurance Regulatory Authority (IRA), significantly below

Haco Industries has installed a multi-million solar PV System in partnership with NCBA Leasing, and renewable energy leader Ofgen Africa. The newly installed roof-mounted, grid-tied 181kWp (DC)/130kWp (AC) Solar PV system is expected to see Haco Industries achieve a 41 per cent reduction in electricity bills, generating significant cost savings that can be reinvested into

BetaLab, Britam’s Innovation Hub, has set up operations at the Two Rivers International Finance and Innovation Centre (Trific) Special Economic Zone (SEZ) to help accelerate fintech innovation and investment across Africa. BetaLab will back startups tackling innovative challenges in areas such as claims processing, SME financing, savings solutions, and healthcare, among others, with investment capital