Sustainable Finance
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NEWS
African Debt Managers Urged to Embed Climate Finance at Core of Sovereign Borrowing Strategy
African sovereign debt managers must integrate climate finance into the architecture of national borrowing strategies or risk entrenching a cycle of low investment, weakened growth, and compounding climate vulnerability. That was the central message to emerge from the Second African Forum on Sovereign Finance, which concluded in Addis Ababa on Friday. Jointly organised by the UN Economic Commission for Africa…
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NEWS
KCB Scales Up Sustainable Finance, Disburses KSh 53.2 Billion in Green Loans
KCB Group has deepened its leadership in sustainable finance, screening loans worth KSh 578.3 billion for environmental and social risks and disbursing KSh 53.2 billion in green loans during the past year. This brings the total amount assessed under the bank’s Environmental and Social Due Diligence (ESDD) framework since 2020 to over KSh 2.5 trillion, reinforcing KCB’s role in driving…
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NEWS
Victoria Commercial Bank Secures $7.5M Green Financing Facility to Support SMEs’ Low-Carbon Transition
Victoria Commercial Bank PLC (VCB) has announced the successful closure of a USD 7.5 million green financing facility with Symbiotics, a leading global platform for impact investing. The facility, funded through the BII Green Basket Bond, a partnership with British International Investment (BII), the UK’s development finance institution, will be dedicated exclusively to financing eligible green projects across Kenya. The…
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NEWS
NCBA Trains 100 Private School Owners in Sustainable Finance and Digital Banking
Over 100 private school owners and education stakeholders have today received training from NCBA Bank on strengthening financial sustainability, adopting green financing, leveraging asset finance, and embracing digital banking solutions. The forum, held in Naivasha and powered by Water.Org, focused on equipping schools with practical knowledge to enhance resilience and efficiency. Participants were trained on renewable energy and Water, Sanitation…
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