Sharp Daily
No Result
View All Result
Wednesday, February 18, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ruto backs green industrialization as Africa prepares for COP29

Teresiah Ngio by Teresiah Ngio
September 26, 2024
in News
Reading Time: 2 mins read

African leaders gathered for the second meeting of the Committee of African Heads of State and Government on Climate Change (CAHOSCC) to discuss strategies for the upcoming COP29 summit. Hosted by Kenyan President William Ruto on the sidelines of the UN General Assembly, the meeting underscored Africa’s bold climate agenda.

In his opening remarks, President Ruto reaffirmed Africa’s leadership in climate-positive growth, referencing the Nairobi Declaration as a transformative blueprint. “Africa is at a crossroads. While we are disproportionately affected by climate impacts, we also possess the resources and potential to drive global green growth,” Ruto said.

Ruto highlighted Africa’s severe climate challenges, from droughts in Southern Africa to floods in the Sahel and desertification in North Africa. He called for strategic investments in renewable energy, sustainable agriculture, and nature-based solutions to ensure that “Africa not only adapts to climate change but thrives in a new global economic paradigm.”

One of the key announcements from the meeting was the launch of the African Green Industrialization Initiative (AGII), a platform designed to attract investments in large-scale green infrastructure projects across the continent. The initiative, according to Ruto, will help transition Africa into a low-carbon, climate-resilient economy.

RELATEDPOSTS

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025

Kenya’s middle-income jobs grow: 1.5 million now earn above Sh50,000 monthly

December 5, 2025

Despite global investments in the energy transition reaching $1.8 trillion in 2023, Africa received less than 3% of that total. “This stark disparity must be addressed,” Ruto stated, pointing out that Africa’s growing population and energy poverty demand urgent attention.

Looking ahead, Ruto revealed that Nairobi will host a historic Investment Forum in collaboration with the International Renewable Energy Agency (IRENA) to highlight Africa’s renewable energy potential and mineral wealth. He also announced that he has written to the COP29 Presidency to request a high-level political event focused on measuring Africa’s natural capital and economic productivity.

Previous Post

Nine students hospitalized after storm destroys Kisumu school

Next Post

NSSF’s bond trading controversy raises concerns over financial health

Teresiah Ngio

Teresiah Ngio

Related Posts

News

CMA – The guardians of the market

February 18, 2026
News

Kenya’s demand for Starlink subscriber data raises privacy and security debate

February 18, 2026
News

How mobile Investors, a stable shilling and rate cuts are powering the NSE’s record wealth surge

February 16, 2026
News

Jumia Cuts 2025 Losses by 38.0% as Market Exits and Cost Discipline Drive Path to Profitability

February 13, 2026
News

Embedded Finance: The invisible force reshaping banking

February 13, 2026
News

Ziidi Trader, CDSC Accounts and the Recalibration of Retail Market Intermediation in Kenya

February 13, 2026

LATEST STORIES

CMA – The guardians of the market

February 18, 2026

Starlink users in Kenya face service cut off over new ID demand

February 18, 2026

Kenya’s demand for Starlink subscriber data raises privacy and security debate

February 18, 2026

Proposed Two-Pot pension system aims to balance flexibility and retirement security

February 17, 2026

How mobile Investors, a stable shilling and rate cuts are powering the NSE’s record wealth surge

February 16, 2026

State races to raise Sh106.3 billion from Kenya Pipeline Company IPO as uptake slows

February 16, 2026

Jumia Cuts 2025 Losses by 38.0% as Market Exits and Cost Discipline Drive Path to Profitability

February 13, 2026

Strengthening accountability to break Kenya’s corruption cycle

February 13, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024