East African nation seeks to transform state assets into a vehicle for future generations NAIROBI, Kenya — Kenya is turning to one of the world’s most successful financial models as it advances plans to establish a sovereign wealth fund designed to finance national development, reduce dependence on public borrowing, and
LONDON — In a landmark development for sustainable finance, Ecobank Group has launched what it describes as the world’s first International Capital Market Association (ICMA)-aligned Nature Bond issued by a commercial bank, raising $450 million to support biodiversity protection, sustainable agriculture, and water infrastructure across Africa. The bond, listed on
The artificial intelligence revolution is entering a new phase. After years of record-breaking private fundraising, the world’s leading AI companies are increasingly turning toward public markets to finance their ambitions. OpenAI, the company behind ChatGPT, has reportedly filed confidential paperwork for a U.S. stock market debut, while rival Anthropic is
The SpaceX Windfall Reveals a Bigger Story About the Future of Long-Term Capital As the world prepares for what could become the largest initial public offering in history, a surprising group of winners is emerging: universities. According to recent reporting, several major university endowments stand to realize billions of dollars
As governments around the world search for ways to finance resilience, manage uncertainty, and invest in long-term prosperity, few institutions are more important—and less understood—than sovereign wealth funds. This month, Panama appointed Víctor Mojica Caballero as the new Technical Secretary of the Fondo de Ahorro de Panamá (FAP), the country’s
A new report has revealed that the world’s 65 largest banks committed $906 billion to fossil fuel companies in 2025, underscoring the widening gap between global climate ambitions and the flow of capital that continues to support the carbon-intensive economy. According to the latest Banking on Climate Chaos report, fossil
A new milestone in nature finance is reshaping how governments, investors, and conservation leaders think about restoring ecosystems. Finance Earth has announced a £64.6 million first close (~$87 million USD) for the Big Nature Impact Fund (BNIF), surpassing its initial £50 million target (~$67 million USD) and creating one of
Jakarta’s push into data centers signals how emerging economies are positioning themselves for the next phase of the global AI race. As governments around the world scramble to secure their place in the artificial intelligence economy, Indonesia is rapidly emerging as one of the most consequential players in Southeast Asia’s
A National Currency Goes On-Chain The Government of Georgia is moving to position itself at the forefront of digital finance innovation through a new partnership with Tether, the issuer behind the world’s largest stablecoin, USDT. Together, they plan to launch GEL₮ (GELT), a blockchain-based stablecoin pegged to the Georgian lari.
The government of Spain has unveiled a sweeping new Social Climate Plan worth nearly €9 billion ($9.8 billion USD), positioning the initiative as one of Europe’s most ambitious attempts to ensure the energy transition does not deepen social inequality. Announced by Prime Minister Pedro Sánchez, the plan focuses heavily on
