Afreximbank is actively participating in COP29 in Baku, Azerbaijan, to promote a just energy transition in Africa, aligning with the AU’s Nairobi Declaration and emphasizing climate finance, loss and damage compensation, and utilizing gas as a transitional fuel. The Bank will advocate for the operationalization of the Loss and Damage Fund, transparent finance mechanisms, and mobilizing climate finance to address Africa’s climate priorities and accelerate the continent’s energy transition. Through panels and side-events at COP29, Afreximbank will push for policies, investments, and mechanisms like green bonds and concessional loans to fund Africa’s climate projects and facilitate sustainable trade and development.
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‘I fled Zamzam camp with child in my arms and luggage on my head’
The Zamzam camp in Sudan, home to 700,000 internally displaced people, was devastated by an attack from the paramilitary Rapid Support Forces (RSF) last week, exacerbating the ongoing humanitarian crisis in the region following two decades of conflict. Residents, including Fathiya Mohammed, who lost her husband during the chaos, fled to Tawila, enduring severe conditions and violence, with many reporting being robbed along the way. Medical charity Doctors Without Borders has reported a surge in...
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