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Africa receives only a tenth of required climate finance

Africa faces a widening gap between climate commitments and available funding. A new policy analysis by Harrison Rehoboth Consulting, based on data from the Climate Policy Initiative, estimates that the continent needs about 2.8 trillion dollars between 2020 and 2030 to meet its Paris Agreement goals. That equals roughly 277 billion dollars......

Moroccan banks expand across Africa to strengthen regional financial links

Bank of Africa signaled a broader transformation in Morocco’s banking sector when it rebranded from BMCE in 2020. The change reflected more than a new corporate identity. It illustrated the growing ambition of Moroccan financial institutions to position themselves as regional banking groups capable of connecting markets across Africa......

Africa Forward summit positions Morocco at heart of economic alliances

The Africa Forward summit in Nairobi brought together heads of state, investors and senior officials on 11 and 12 May 2026 with a focus on accelerating concrete economic partnerships across the continent. The meeting, co-chaired by Kenya and France, placed emphasis on investment-driven cooperation in sectors ranging from energy and digital......

Macron praises Morocco education reforms during Nairobi economic summit

French President Emmanuel Macron publicly praised Morocco’s education system during the Africa Forward business forum in Nairobi, describing the country’s educational transformation as an exceptional model for the African continent. Speaking before more than 1,500 business leaders, investors, and public officials gathered to discuss......

African leaders call for fairer credit access at Nairobi summit

African leaders gathering in Kenya for the Africa Forward Summit called for major reforms to the global financial system in order to improve access to credit and encourage investment across the continent. The summit, held in Nairobi with the participation of more than 30 African heads of state and government leaders, brought together policymakers......

CMA CGM strengthens strategic partnership with Kenya to boost maritime and logistics infrastructure

French shipping giant CMA CGM has signed a strategic partnership with the government of Kenya, marking a new step in its expansion across the African continent. The agreement was announced in Nairobi during the “Africa Forward” summit, in the presence of French President Emmanuel Macron and Kenyan President William Ruto. The deal......

Microsoft data center project in East Africa faces delays over payment disputes

Microsoft’s planned data center project in East Africa is facing delays following disagreements with the Kenyan government over financial guarantees, according to a Bloomberg News report. The project, developed in partnership with the United Arab Emirates-based artificial intelligence company G42, was announced in 2024 as part of a......

Aliko Dangote considers Kenya for major East African refinery project

African business magnate Aliko Dangote is reportedly considering Kenya as the location for a large oil refinery project aimed at strengthening energy infrastructure in East Africa. According to reports, the proposed refinery could process up to 650,000 barrels of oil per day, making it one of the largest industrial energy projects on the......

Emmanuel Macron embarks on African tour with investment-focused Kenya summit

French President Emmanuel Macron will begin a new African tour on Saturday, highlighted by an Africa-France summit in Kenya focused strongly on investment and economic cooperation. According to the Élysée Palace, the main objective is to “establish and anchor a renewed partnership with African countries,” reflecting......

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