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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.  ....

France General , Nairobi Area , Petrus Muteyauli , Mothae Anthony Marupeng , Estherine Lisinge Fotabong , Kulthoum Omari Motsumi , Malle Fofana , Abdoul Salam Bello , Patrick Verkooijen , Reena Ghelani , Amina Mohammed , World Bank , United Nations , African Union Development , World Food Programme , Sustainable Development Goals Sdgs , Global Green Growth Institute , Global Centre For Adaptation , Economic Development In Africa , Organisation For Economic Cooperation , African Guarantee Fund , Africa Adaptation Initiative , Arab Bank , United Nations Framework Convention On Climate Change , African Capacity Building Foundation , United Nations Human Settlements Programme ,

Lending to SMEs push up Gulf Bank's Q1 profits to Sh1.04 billion

Lending to SMEs push up Gulf Bank's Q1 profits to Sh1.04 billion
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Anuj Mediratta , Gulf African Bank , African Guarantee Fund , Gulf African ,