… telling Impactful Stories
The finance concept of debt-for-nature swap has become increasingly popular in the past year as countries are looking for ways to simultaneously reduce their debts and preserve their environment. This concept was first implemented in 1987 as a swap between Bolivia, Costa Rica, Ecuador, and the NGOs in the United States. The swap was a […]
Nigeria is one of the most populous countries in Africa with over 200 million people. The country is blessed with vast resources and faces numerous challenges in achieving a sustainable development and combating climate change. However, these challenges present ample opportunities, particularly in its carbon markets. The good side of the current global challenge is […]
In a report from the Control of Budget, it has been unveiled that government county officials across Kenya have spent a staggering Ksh 17.5 billion on travel in the fiscal year ending June 2023. This sizeable sum is divided into domestic travel within the counties, amounting to Ksh 15.3 billion, and foreign travel, which accounted […]
Fuel consumption in Kenya has dropped to its lowest levels in over five years, excluding the Covid-19 pandemic period, as the high pump prices have deterred motorists and kept vehicles off the road. Official data reveals a sharp decline in the consumption of super petrol, dropping by five percent to 1.01 billion liters from 1.074 […]
Nigeria, a nation at the crossroads of economic challenges, faces a dual struggle with exchange rate volatility and the imperative to attract foreign investments. These developments have garnered attention on the global stage, with experts and officials weighing in on the country’s economic future. Naira-Dollar Rate Volatility The exchange rate between the Nigerian naira and […]
In Kenya, the field of journalism has long been perceived as an influential and coveted profession, with journalists wielding significant power to shape public opinion. Journalists are seen as the gatekeepers of information, tasked with the crucial role of informing the public and holding those in power accountable. However, recent times have seen a wave […]
In a remarkable feat to tackle a daunting passport backlog crisis in Nigeria, Nigeria’s Immigration Service (NIS) have cleared a staggering 60,000 applications in just four days. This comes in response to a directive from Olubunmi Tunji-Ojo, the Minister of Interior, who had called for the clearance of over 200,000 pending passport applications within two […]
The inaugural Africa Climate Summit which held in Kenya concluded with a commitment to green initiatives, as President William Ruto of Kenya announced $23 billion in pledges for sustainable projects into the continent. The summit’s “Nairobi Declaration” issued a clarion call for urgent climate action, including advocating for global carbon pollution taxes, phasing out coal, […]
Taking a resolute step to protect consumers, the Federal Government has cracked down on illegal loan apps, delisting a total of 37 of these unscrupulous platforms. This development signifies the government’s commitment to safeguard its citizens on the significant increase in the number of fully approved loan apps, which has now grown to 164 from […]
Following the current realities in the country with fuel subsidy removal and inflation figures at 24.08%, although projected to still rise significantly by the end of 2023, the Nigerian government in a series of current global partnerships is in a race to attract more foreign direct investments into the country. On a visit to India […]
