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Big shortfall in climate adaptation funding undermines Africa s ability to respond

The effects of climate change are becoming increasingly evident and yet a key component of the fight to preserve lives and livelihoods, namely adaptation funding, has stagnated, according to attendees of last month’s Africa Climate Roundtable. The event – hosted by African Risk Capacity (ARC), alongside various climate- and development-focused organisations, including the Africa Adaptation Initiative, the World Food Programme, the African Union Development Agency-NEPAD (AUDA-NEPAD), the Global Green Growth Institute (GGGI), the African Capacity Building Foundation, the Arab Bank for Economic Development in Africa, the United Nations Human Settlements Programme, the African Export-Import Bank, and the African Guarantee Fund – took place on May 7 and 8, mere days after the Kenyan government ordered evacuations for at-risk citizens, following weeks of heavy rainfall and flooding. 

Poor public finance management is incentive for graft

Lack of capacity and insufficient policies and procedures are leadership challenges facing financial management systems in Africa.

Unleashing private capital for Africa: Regulation & public finance reform

Unleashing private capital for Africa: Regulation & public finance reform
cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.

Kenya: Finance Minister leads Ghana s delegation to AfDB annual meetings

Minister for Finance, Dr. Mohammed Amin Adam, is leading Ghana’s delegation to the African Development Bank Group (AfDB) Annual Meetings which starts today, Monday, 27 May 2024, in Nairobi, Kenya. The 2024 Annual Meetings is on the theme, “Africa’s Transformation, the African Development Bank Group, and the Reforms of the Global Financial Architecture”. It is expected to bring together Ministers of Finance,.

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