Africa

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Nigeria Places a $2 Billion Bet on Its Clean Energy Transition

Nigeria Places a $2 Billion Bet on Its Clean Energy Transition

Nigeria has announced a $2 billion National Climate Change Fund, signaling a renewed push to accelerate clean energy development and climate resilient infrastructure in Africa’s most populous country. The initiative was unveiled by President Bola Tinubu during Abu Dhabi Sustainability Week, positioning Nigeria as a more assertive player in global

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Tanzania Secures GEF Approval for Coastal Habitats and Blue Economy Project

Tanzania Secures GEF Approval for Coastal Habitats and Blue Economy Project

Tanzania has secured approval from the Global Environment Facility for a US$6 million initiative aimed at safeguarding some of the country’s most critical coastal and marine ecosystems, advancing a national effort to link climate resilience, biodiversity protection, and inclusive blue economy growth. The project targets the Tanga–Pemba Seascape, a stretch

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Nigeria Launches BIOFIN to Unlock Private Investment for Biodiversity

Nigeria Launches BIOFIN to Unlock Private Investment for Biodiversity

Abuja, November 2025 — The weekend launch of Nigeria’s Biodiversity Finance Initiative (BIOFIN) unfolded not as a ceremonial policy announcement, but as a recalibration of how the country intends to protect its ecosystems in the decade ahead. In a hall filled with government officials, private-sector leaders, development partners and UNDP

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Uganda Secures Africa’s First Green Climate Fund Results-Based Payment

Uganda Secures Africa’s First Green Climate Fund Results-Based Payment of $31 million

KAMPALA — Uganda has become the first African country to receive a results-based payment from the Green Climate Fund (GCF), securing US$31 million for verified emission reductions achieved through sustainable forestry and land management. The landmark approval recognizes measurable success under the “Uganda REDD-plus Results-Based Payment for Emission Reductions (2016–2017)”

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