ADVERTISEMENT
TechEconomy
Thursday, June 5, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » CAAF24: $20 Million Climate Fund Unveiled as Thought Leaders Discuss Africa’s Green Transformation

CAAF24: $20 Million Climate Fund Unveiled as Thought Leaders Discuss Africa’s Green Transformation

Climate Action Africa launches ‘Billion Trees Initiative’

Peter Oluka by Peter Oluka
June 20, 2024
in Environment
0
CAAF24 in Lagos
Grace Oluchi Mbah, Climate Action Africa (CAA) co-founder and executive director, speaking at CAAF24 in Lagos, Nigeria

Grace Oluchi Mbah, Climate Action Africa (CAA) co-founder and executive director, speaking at CAAF24 in Lagos, Nigeria

RelatedPosts

Itel Solar Energy Commissions First Training Centre at the University of Ibadan

itel Solar Energy Commissions First Training Centre at the University of Ibadan

May 30, 2025

Seplat Eyes Power Sector Investment to Tackle Deficit in Off-Grid Communities

May 30, 2025

The Climate Action Africa Forum (CAAF24) has lived up to expectations following the massive turn out of people, deals, massive initiatives unveiled and stakeholders further commitment to a greener future for Africa, Techeconomy can report. 

Key Takeaways from Remarks by Climate Change Thought Leaders at CAAF24

  • Innovation and Technology Adoption: Leveraging cutting-edge solutions to address climate challenges and accelerate green development.
  • Strong Partnerships: Collaboration across stakeholders – governments, businesses, NGOs, and communities – is essential for success.
  • Knowledge Sharing and Capacity Building: Empowering communities and fostering a culture of sustainability across Africa.
  • Mobilizing Financing for Adaptation, Mitigation, and Job Creation: Financial resources are crucial for implementing climate solutions and creating a just transition to a green economy.

Themed “Building a Climate-Smart Africa,” the forum underscored the urgency of climate action while highlighting Africa’s immense potential to be a leader in sustainability.

In her opening remarks, Grace Oluchi Mbah, Climate Action Africa (CAA) co-founder and executive director, acknowledged the stark challenges like Africa warming faster than any other region, millions vulnerable to rising sea levels, and the devastating impact on smallholder farmers, the lifeblood of the continent.

However, Mbah emphasized hope and agency. She announced the launch of the ambitious Billion Trees for Africa Initiative, aiming to restore degraded lands and empower communities.

Additionally, CAA unveiled the Pan-African Green Economy Program (PAGE), a partnership with IDEA AFRICA and the Founder Institute, which aims to cultivate a new generation of 5,000 green innovators across Africa by 2035.

$20 million initial investment fund

Recognizing the critical role of investment, CAA proudly announced its support for the Pan African Climate Action Fund.

This $20 million initial investment fund, co-created by dedicated Africans, seeks to empower small businesses and startups driving change in the energy, agriculture, circularity, and transportation sectors.

Rukia El-Rufai, Special Advisor to the Nigerian Vice President on NEC and Climate Change, took the stage next.

She emphasized that simply acknowledging the importance of nature is not enough. El-Rufai highlighted the need to move beyond low-value carbon credits and educational barriers that hinder attracting financing for climate solutions.

She stressed the importance of a strong business case alongside environmental benefits. El-Rufai commended the forum’s theme, “climate-smart,” because it underscores the need for economic growth alongside emissions reduction.

El-Rufai emphasized the crucial role of National Determined Contributions (NDCs) – national plans outlining climate action commitments. She urged collaboration across generations and highlighted successful examples from emerging economies like Mexico and Indonesia, demonstrating strong economic growth alongside reduced emissions.

She concluded by calling for increased investment in renewable energy and sustainable practices, drawing on her personal experience with drastically reduced energy bills through solar panels.

The forum welcomed Madame Ramatoulaye Diallo Ndiaye, CEO of the Great Green Wall of Africa (GGWoA) Foundation, for the keynote address. Ndiaye powerfully asserted Africa’s critical role in the well-being of the entire planet. She stressed Africa’s vast natural resources and potential to be a leader in building a sustainable and resilient future.

Ndiaye echoed the importance of innovation, but emphasized the need for well-defined projects, education, and strong partnerships.

She highlighted her career dedicated to a sustainable approach, combining traditional knowledge with modern solutions.

Ndiaye pointed to the Green Wall of Africa initiative and the newly launched Green Ringwall Initiative strategy as examples of visionary leadership and strong policy driving progress.

The forum serves as a critical platform for collaboration, knowledge sharing, and charting a path towards a climate-smart Africa.

The decisions made and connections forged at CAAF24 have the potential to shape a more sustainable and prosperous future for Africa.

CAAF24
Advertisements
MTN ADS
Gerald Esambe, principal officer, Climate and Green Growth Department at African Development Bank Group, speaking at CAAF24
CAAF24
CNG vehicle by Mikano
PiCNG
Exhibition by the Presidential Compressed Natural Gas Initiative- PiCNG
CAAF24
Exhibition by the Presidential Compressed Natural Gas Initiative- PiCNG
CNG-powered van
CNG-powered van
CNG-powered bus for mass transit
CNG-powered bus for mass transit

This continent, brimming with potential and innovation, is poised to be a leader in the global fight against climate change.

Loading

Author

  • Peter Oluka
    Peter Oluka

    Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

    View all posts
0Shares
Tags: CAAF24Grace Oluchi MbahPiCNG
Previous Post

OpenAI Co-founder Ilya Sutskever Launches AI Startup, Says Not For Immediate Profit

Next Post

WIOCC Group Secures over $50m from IFC, Proparco and RMB to Expand Digital Infrastructure in Africa

Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

Related Posts

Itel Solar Energy Commissions First Training Centre at the University of Ibadan
Environment

itel Solar Energy Commissions First Training Centre at the University of Ibadan

by Joan Aimuengheuwa
May 30, 2025
0

The project is part of itel Solar Energy's commitment to education, capacity building, and long-term investment in the country's green...

Read more
Seplat electricity to off-grid communities

Seplat Eyes Power Sector Investment to Tackle Deficit in Off-Grid Communities

May 30, 2025
Qrent Refurbished Tech

Refurbished Tech: Making a Smart Choice for a Greener Future

May 17, 2025
Sun King Secures N80bn Loan to Improve Electricity Access in Nigerian Homes

Sun King Secures $80M Loan to Improve Electricity Access in Nigerian Homes

May 15, 2025
Band A, Electricity Consumers, FCCPC, IE | electricity meters and pricing in Nigeria

The Myth of Reflective Electricity Pricing in Nigeria

May 13, 2025
itel Solar Energy Opens First Customer Experience Centre in Alaba Market

itel Solar Energy Opens First Customer Experience Centre in Alaba Market

May 11, 2025
Next Post
IFC, Proparco and RMB partner with WIOCC Group

WIOCC Group Secures over $50m from IFC, Proparco and RMB to Expand Digital Infrastructure in Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.