Stack of debt paperwork with African farmland split between drought and flood, symbolising climate finance challenges.

Adaptation or Debt? Africa’s $50 Billion Dilemma

A summit of promises and risks The second Africa Climate Summit in Addis Ababa closed with bold headlines: African leaders committed to mobilise $50 billion a year for climate solutions…
Shipping containers stacked at sunset, symbolising Africa’s debt-heavy climate finance system.

Africa’s Climate Finance: Stuck in Debt Mode

Today, I am attending the opening of the Africa Climate Summit in Addis Ababa, Ethiopia, and one issue is already at the centre of my reflections: Africa’s climate finance is…
Cargo ship with containers in foreground, solar panels and wind turbines under construction in background, symbolising Africa’s energy transition.

Resource Nationalism and Renewable Finance: Africa’s Moment to Rise

From Abuja to Kinshasa, the tone of Africa’s energy debates is shifting. For decades, the continent’s mineral wealth was extracted and exported with little local value. Fossil fuels promised prosperity…
African power lines at dusk with overlaid currency symbols, representing local-currency climate finance as a COP30 demand.

Finance in Local Currency: A COP30 Demand for Africa’s Energy Transition

At first glance, Africa’s energy transition looks as though it is finally gaining speed. Solar imports are at record highs, wind farms are sprouting across the Sahel, and hydro projects…