Business A.M
No Result
View All Result
Tuesday, March 31, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

COP26: AfDB amplifies Africa’s voice with climate icons, priorities in $8.5bn fund

by Admin
January 21, 2026
in Frontpage, WORLD BUSINESS & ECONOMY
The African Development Bank (AfDB), unarguably the biggest fighter for Africa’s benefit from the climate change investments, has listed the faces of some climate champions to drive its climate investment funds (CIF) campaign, ahead of the COP26 climate conference in Glasgow, Scotland.

 

The climate investment fund is one of the world’s largest multilateral funds working to pilot and scale climate solutions in developing countries. The $8.5 billion multi-donor trust fund seeks to accelerate climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle-income countries. It was launched by the ChangeMakers campaign in September 2021; and will continue to showcase global ChangeMakers and partners leading up to and beyond COP26.

 

The AfDB is a partner of the campaign and implementing agency of CIF. The bank nominated several climate champions from the continent who actively work in the field of climate action. Their images will be projected on the façade of St. Andrew’s Cathedral until one week after the end of COP26.

 

Some of the climate champions include: Grace W. Kpan, who promotes universal access to energy in Africa. She has set up ‘Light On’, an initiative of young Africans, which promotes entrepreneurship in key areas that are a lever for the economy in West Africa, so they will be able to face community issues like access to energy. On 15-16 October 2021, in Abidjan, Côte d’Ivoire, Light On hosted the first edition of the regional energy and sustainable development fair, with the support of the African Development Bank.

 

For Zineb Aghozu, he created clean energy by working as an engineer at the largest concentrated solar power plant in the world, Morocco’s Noor Ouarzazate project, financed with a combined investment of nearly $2.5 billion from the African Development Bank, Climate Investment Funds, the World Bank and other partners.

 

Bonmwa Fwangkwal is the programme manager for the secretariat of the African Circular Economy Alliance (ACEA), hosted by the African Development Bank. Bonmwa is spurring Africa’s transformation towards a circular economy. On his part, Prithivirai Booneeady is improving weather observation to enhance climate resilience in Botswana. Booneeady is the coordinator of the Southern African Development Community Climate (SADCC) services center, financed by the African Development Bank through the Climate for Development in Africa Special Fund (CDASF).

 

Another climate champion is Côte d’Ivoire’s Jean Yves Andé, who is helping the West African country to access climate finance to better respond to the negative impacts of climate change. Andé was appointed the coordinator of a project at the Africa Climate Change Fund, hosted by the AfDB. Adama Tondossama, fellow Ivorian, is a water and forests engineer for the Abidjan Urban Transport project, supported by the African Development Bank, and is working to conserve the Banco National Park in Côte d’Ivoire.

 

AfDB has served as an implementing agency of CIF since 2018. The pan-African multilateral development financial institution will participate in COP26 to amplify Africa’s voice and priorities on climate change.

 

Recently, Akinwumi Adesina, the bank’s president, called on the Global North to make good its promise of a $100 billion annual grant to Africa to tackle effects of climate change.
Admin
Admin
Previous Post

CBN targets 25,000 women, youth in states for digital financial inclusion

Next Post

Africa Prudential disrupts tech space with new business solutions

Next Post

Africa Prudential disrupts tech space with new business solutions

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Crash-test scores vs. real life: The surprising truth about family cars

Crash-test scores vs. real life: The surprising truth about family cars

March 31, 2026
Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

March 31, 2026
AFC propels Africa’s GDP by $50bn, creates 7m jobs through scalable infrastructure model

AFC Summit to unlock domestic capital for Africa’s industrial drive

March 31, 2026
The souls of our ancestors will now rest in peace!

The souls of our ancestors will now rest in peace!

March 31, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Crash-test scores vs. real life: The surprising truth about family cars

Crash-test scores vs. real life: The surprising truth about family cars

March 31, 2026
Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

Africa banking revenues hit $107bn, outpacing global peers despite FX pressures

March 31, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M