Sharp Daily
No Result
View All Result
Saturday, September 12, 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

Accelerating Intra-African Trade Through Integration and Investment

September 11, 2026
News

Kenya Considers Mobile Money Data to Expand Mortgage Access

September 11, 2026
News

Entrepreneurs Look Beyond Bank Loans as Strategic Partnerships Gain Ground

September 11, 2026
News

Kenya Tightens Rules on Foreign Traders as Visa-Free Entry Faces Scrutiny

September 11, 2026
News

Kenyan Investors Gain Access to US IPOs Through Hisa

September 11, 2026
Banking

CBK Moves to Identify Kenya’s Domestic Systemically Important Banks: What Does This Mean?

September 11, 2026

LATEST STORIES

Stronger copyright rules needed as AI transforms creative work

September 11, 2026

Accelerating Intra-African Trade Through Integration and Investment

September 11, 2026

Kenya Considers Mobile Money Data to Expand Mortgage Access

September 11, 2026

Entrepreneurs Look Beyond Bank Loans as Strategic Partnerships Gain Ground

September 11, 2026

Kenya Tightens Rules on Foreign Traders as Visa-Free Entry Faces Scrutiny

September 11, 2026

Kenyan Investors Gain Access to US IPOs Through Hisa

September 11, 2026

CBK Moves to Identify Kenya’s Domestic Systemically Important Banks: What Does This Mean?

September 11, 2026
EABL

EABL’s $2.3 billion ownership change

September 11, 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