The 26th UN Climate Change conference COP 26, which began on Sunday, October 31, is already delivering its first results. Yesterday, several countries announced the creation of a $1.5 billion fund to protect the Congo River basin.
According to an official statement from the UK government, 12 donors will finance the fund between 2021 and 2025. London announced a commitment of $409 million to protect this area, which is home to "the world's second-largest rainforest and threatened by industrial logging, mining, and farming."
Spanning six countries (Cameroon, Central African Republic, DRC, Congo, Equatorial Guinea, and Gabon), the Congo Basin is considered the world's second-largest forest after the Amazon. World Wild Fund reported that the Congo Basin has fed and provided shelter to 75 million people for over 50,000 years.
The scientific community and international leaders are increasingly focusing on the protection of Africa, which is considered one of the first victims of global warming. On the sidelines of COP 26, the Collective of Environment Ministers and researchers for the defense of the Congo Basin called for the mobilization of $150 million to implement a 10-year research program to improve scientific data on this area.
A global agreement of $19.2 billion was also announced to end deforestation by 2030. It was signed by leaders whose countries account for 85% of the world's forest area. While many such commitments have been made in the past without being met, observers remain skeptical about these new initiatives.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Djibouti launched a program to train 4,000 young people in market-relevant skills. Youth unemployment reached 76.32% in 2024, among the highest...
Gabon now requires users to provide verified identity details to access digital platforms. Authorities impose fines up to CFA50 million ($89,415)...
Seseko will host a Digital Skills Summit in August 2026 targeting 1,500 learners in Gauteng. Youth unemployment reached 57% among ages 15–24 in...
Ghana expanded its digital training program nationwide after receiving 94,000 applications in 48 hours. Authorities will deploy the program...
Nosy Iranja is one of the most iconic island destinations in northwestern Madagascar, lying in the Mozambique Channel about an hour and a half by boat...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...