Green Financing
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NEWS
The GreenShift Podcast | Who is Funding Africa’s Green Transition and Who Benefits?
Ambition alone won’t solve climate change. It takes capital, and across Africa, that capital is finally moving in meaningful ways. In Kenya, programmes like FLLoCA are redirecting climate funding away from top-down institutions and toward the counties and communities that experience climate disruption most directly. The Upper Tana-Nairobi Water Fund goes further, turning conservation into an economic engine: over 260,000…
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GREEN FINANCE
Family Bank Pumps KES 21 Billion into Sustainability Initiatives
Family Bank Group is scaling up its environmental and social investments, deploying KES 21 billion in sustainability-linked financing as the mid-tier lender reported record profits for the year ended December 2025. The bank’s growing ESG agenda is targeting loans above KES 50 million, in what management describes as a deliberate shift towards supporting a low-carbon economy, a notable pivot for…
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NEWS
KCB Bank Kenya Secures $96.9 Million Green Climate Fund Approval to Finance MSMEs and Farmers
KCB Bank Kenya has received approval for a $96.9 million (KShs. 12.5 billion) financing facility from the Green Climate Fund (GCF) to expand access to climate-smart technologies for micro, small and medium enterprises and smallholder farmers across Kenya. The blended finance package, combining concessional lending, a guarantee, and a grant, will be deployed under the Climate Smart Technology programme. It…
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GREEN FINANCE
NCBA Plants 1.3 Million Trees, Mobilizes KES 9.5 Billion in Green Financing
NCBA Group PLC has mobilized KES 9.5 billion in green and sustainable financing, planted more than 1.3 million trees, and empowered 70,536 women and youth through skills and mentorship programs. The bank disclosed this on Thursday alongside its full-year 2025 financial results. The figures mark some of the most concrete progress yet under the lender’s “Change The Story” sustainability strategy,…
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NEWS
FarmCarbon Closes $53 Million to Bring Climate Finance to Smallholder Farmers Across Africa and Asia
A new climate finance vehicle designed to put clean energy technology in the hands of smallholder farmers has closed its first round of funding, marking one of the most ambitious attempts yet to channel institutional capital into agricultural methane reduction in the developing world. Sistema.bio announced on March 17 that it had closed $53 million in initial funding for FarmCarbon,…
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GREEN FINANCE
Dilip Pal: How Green Financing is Powering the Future of Kenya’s Clean Energy
Kenya’s energy and capital markets are changing in ways that quietly shape daily life, from how phones stay connected in remote areas to how investors think about risk and return. As the country deepens its commitment to clean power, green financing is emerging as a practical tool to fund that transition at scale. Kenya already stands out in Africa for…
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NEWS
KCB Deepens ESG Push with KSh 50 Billion Green Loan Portfolio Across East Africa
KCB Group PLC has cemented its position as a leader in sustainable finance within East Africa, announcing a significant KSh 50 billion issuance in green loans across its operations in Kenya, Rwanda, Tanzania, and Uganda. This milestone, detailed in the Group’s FY2025 investor update, underscores a strategic pivot toward integrating Environmental, Social, and Governance (ESG) principles into the heart of…
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NEWS
AfDB and KCB Bank sign $150 million deal to accelerate green lending and trade
The African Development Bank Group (AfDB) and KCB Bank Kenya have sealed a major financing agreement worth $150 million (approx. KES 19.5 billion) aimed at bolstering green finance and expanding trade capabilities for Kenyan businesses. The deal, signed on December 11, 2025, positions KCB to significantly increase its lending to climate-smart projects while supporting the country’s small business and corporate…
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NEWS
Old Mutual CEO Tapped for Pan-African Council Steering £1 Trillion Toward Nature Investments
Old Mutual Group CEO Arthur Oginga has been appointed to the governing council of the Africa Natural Capital Alliance (ANCA), joining a powerful coalition of leaders tasked with mobilizing finance for nature-positive growth across the continent. The appointment places Mr. Oginga alongside other top executives, including Equity Bank Group CEO James Mwangi and Nedbank CEO Jason Quinn, on a council…
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SUSTAINABILITY
NCBA Bank Deepens Sustainability Commitment with KES 2 Billion Clean Transport Financing and 10 Million Tree Target
NCBA Bank Kenya has reaffirmed its commitment to sustainability and climate action through a multifaceted approach that includes a KES 2 billion clean transport financing initiative and an ambitious target to plant 10 million trees by 2030. Speaking during an X Space conversation on sustainability hosted by Citizen Digital’s Claire Munde, Ann Nderi, Group Head of Sustainability at NCBA, highlighted…
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