South Africa has witnessed an increase in the frequency of extreme weather events in recent years, exacerbated by the cyclical meteorological phenomenon El Niño.
The country plans to launch a climate change response fund during the current fiscal year ending on March 31, 2025. Announcement was made Monday by Environment Minister Dion George.
Initially proposed by President Cyril Ramaphosa in February, this fund aims to mobilize both government and private sectors to finance the construction of climate-resilient infrastructure and provide assistance to communities affected by these events.
Minister George explained this fund will be crucial in financing climate change adaptation and addressing losses and damages.
South Africa has faced several extreme weather events in recent years, including deadly floods in the port city of Durban in 2022 and prolonged droughts that led to water restrictions in major cities in 2019.
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
ECOWAS has provided CFA400 million to support refugee assistance in Togo. The funding targets the...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
Guinea appointed Alpha Bacar Barry as minister in charge of national education, literacy, technical education, and vocational training by presidential...
DR Congo and Abu Dhabi–based AD Ports signed a memorandum of understanding to develop and operate a multi-purpose terminal at Matadi port. The project...
Kenya saved about $167 million in debt servicing costs after converting Chinese loans from dollars to yuan. The swap covered three China...
Revenues at Lesotho’s Letšeng diamond mine fell 36% year on year to $97.7 million in 2025. A 14% drop in production and a 20% decline in the...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...
Fela Kuti received a posthumous Lifetime Achievement Award from the Recording Academy He is the first African artist recognized by the Grammys...