Catalyst Fund has raised $30 million for its investment strategy focused on climate resilience in Africa, with new investors including the International Finance Corporation, Shell Foundation, and Trafigura Foundation. The fund aims to support early-stage startups that are developing solutions to climate-related challenges across the continent, reflecting a growing interest in adaptation technologies.

A study tracking 3,139 power plants in Africa reveals that fossil fuels continue to dominate the continent's electricity generation, with only about 57% of the population having access to electricity, primarily in sub-Saharan Africa. To achieve the United Nations goal of universal access to affordable electricity by 2030, rapid expansion of electricity generation is necessary. However, this expansion poses challenges related to water resources and climate change due to greenhouse gas emissions from power plants, particularly coal-fired ones.

Lagos State is proposing a Climate Finance Preparedness Clinic aimed at enhancing Nigeria's climate finance ecosystem and facilitating investments for sustainable development, according to Punch.

Nigeria has reiterated its commitment to enhancing land rights and forest conservation during a high-level international climate meeting. This comes as various governments announced new commitments and funding initiatives aimed at accelerating efforts to stop deforestation and restore degraded landscapes by the year 2030, according to Premium Times Business.

Africa is experiencing a significant decline in foreign aid, with official development assistance dropping by 23.1% in 2025, the largest annual decrease on record, and a further projected decline of 5.8% in 2026. This decline is compounded by rising debt, climate pressures, and a weakening global order. The UN Trade and Development has noted that debt servicing is hindering investment in essential sectors like education and health, presenting both a crisis and an opportunity for financial discipline, according to The Conversation Africa.

Kenya's Nairobi International Finance Centre (NIFC) has attracted Sh25.8 billion ($200 million) in new investments from 15 newly certified companies, indicating positive outcomes from the tax reforms implemented under the Finance Act 2025. This development supports Kenya's goal of establishing Nairobi as a regional financial hub and highlights the growing interest of international businesses in the area, according to TechTrends KE.