The 10% green tax on single-use plastics will not last long in Nigeria. Introduced at the beginning of May 2023 by the former Nigerian president, Muhammadu Buhari,it has just been suspended by the new president of the Federal Republic, Ahmed Bola Tinubu. #greentax #plasticwaste

As jurisdictions decide whether companies are required to comply with International Sustainability Standards Board standards Igugu Global is assisting organizations navigating disclosure reporting by improving the quality of data provided to investors to make more sound decisions

The African Development Bank (AfDB), rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable), has successfully priced an inaugural GBP 300 million (no-grow) 2-year Global Benchmark transaction in a Social Bond format, due August 2025 at UKT 0.625% Jun-25 + 65bps

Every month we satiate our appetite for all things at the intersection of climate, finance and Africa in our curated newsletter. In July’s sector insights investor demand for green and other labelled bonds surges with greater transparency. Sign up via: igugu.global/newsletter

After the annual GreenFin conference in Boston, Climate, and Capital Media John Howells has compiled 90-plus pages of notes filled with climate solutions and ideas. Read about his experience at Greenfin and the insightful discussion he had. Green Biz climateandcapitalmedia.com/green-finance-…

The guideline which includes detail on when offsets are required, how to determine the requirements for biodiversity offsets and how to ensure that the actions taken are binding on the person liable for implementation has now been published for implementation. #biodiversity

Africa Climate Week is returning to Nairobi for the first time since 2018 and there is cautious optimism amid regulatory acceleration and growing deal flow. Meet us there!🌎💼 #africaclimateweek #climateweek #climate

Dar es Salaam- CRDB Bank PLC TANZANIA have received approval from the capital market (CMSA) to lauch Green multi-currency bond amountg $ 300mio . Learn more via: igugu.global #capitalmarket #bonds #greenbonds #sustainabledevelopment #climateaction #iguguglobal

Effective from August 1, 2023 the Seychelles Ministry of Finance, National Planning, and Trade has introduced the Seychelles’ Tourism Environmental Sustainability Levy. Learn more via: igugu.global #Tourism #sychelles #environment #sustainabledevelopment

Consistently compare companies and projects to make qualified and confident climate related investment decisions across Africa. Search and find treasure at Igugu Global. Learn more: igugu.global #data #bonds #greenbonds #sustainabledevelopment #iguguglobal

In Nairobi the Africa Climate Summit raised a total of $23 billion in pledges to green projects by stakeholders this week. #AfricaClimateWeek2023

Volvo Buses has signed an agreement with MCV for the manufacture of bus bodies for its city and intercity buses. MCV (Manufacturing Commercial Vehicles) is headquartered in Cairo, Egypt, and supplies commercial vehicles worldwide. #electriccars #electricbuses #volvo #iguguglobal

The Lusaka Securities Exchange's debut #greenbond has seen the first tranche of a $200m issuance over subscribed by 178%. Copperbelt Energy Corporation, the issuer, intends to use the capital raised for solar, wind, and other #renewableenergy projects across #Zambia.

From the horizon emerges one of the Red Line sets just ahead of the launch of Lagos Rail Mass Transit (LRMT) Red Line infrastructure. #LAMATA #keepingLagosmoving #LASG #Agreaterlagosisrising

Ghana's new Emissions Levy Act, 2023, part of broader environmental fiscal reforms, aims to hold polluters accountable. With 28,000 premature deaths in 2020, the country seeks to curb air pollution's impact, costing 0.95% of GDP. #CarbonTax #Ghana

From the frontlines of #climate change, to the boardroom, #innovation and #policy- Igugu Global celebrates #women uplifting #communities, sowing the seeds of progress and cultivating a ?#resilient and #sustainable future. #InternationalWomensDay

A decree issued by the Ministry of Environment and Climate Change indicated that #Somalia will stop single-use #plastics from June 30, 2024, providing a limited grace period for importers and users to adjust. #climatetransition #adaptation #greenfinance

Africa at the Forefront of Plastic Bans. Out of 54 states, 34 have either passed a law banning plastics and implemented it or have passed a law with the intention of implementation. Of those, 16 have totally banned plastic bags. #Earthday #plastic #Africa #regulation

Tomas Sales, Special Advisor, UNDP Africa Sustainable Finance Hub (ASFH), unpacks the organisation’s recent report into Africa’s green business market and the opportunities for financiers and investors. Watch now; eu1.hubs.ly/H09BtjY0

ICYMI📢 Igugu Global’s ever-evolving green finance directory & community resources will no longer be posted here on X. For in-depth insights, and conversations on green finance, climate risk and Africa’s sustainable development join us on Substack: iguguglobal.substack.com🌍