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Carbon Markets Africa Summit: Unlocking Africa’s Carbon Wealth Through Integrity, Action and Investment — Carbon Markets Africa Summit (CMAS) is a project of VUKA Group

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8 months ago

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Carbon Markets

There are real opportunities in this sector

CAPE TOWN, South Africa, June 19, 2025/APO Group/ –The award-winning VUKA Group (www.WeareVuka.com) has officially launched the Carbon Markets Africa Summit (CMAS), a purpose-driven, high-level continental gathering that will take place from 21 to 23 October 2025 in Johannesburg. Designed as Africa’s flagship platform for carbon finance, CMAS brings together policymakers, investors, standards bodies, developers and corporates to drive practical, inclusive climate action and unlock Africa’s carbon value at scale.

Carbon markets are quickly becoming one of Africa’s most promising opportunities for climate finance and sustainable development. Yet the complexity of validation, verification, regulation and monetisation continues to challenge project developers, financiers and governments alike.

“This isn’t mining or retail. The returns, timelines and requirements are different,” says Olivia Tuchten, Principal Climate Change Advisor at Promethium Carbon. “There’s money to be made and good to be done – but only if stakeholders upskill and understand the process.”

CMAS is Africa’s response – a strategic event focused on building confidence, closing knowledge gaps and accelerating real transactions.

Strategic Moment: Africa’s Carbon Future and the Global Agenda

The timing of CMAS is particularly significant. With growing global momentum around carbon pricing and the operationalisation of Article 6, the outcomes of the upcoming G20 Leaders’ Summit in November are expected to influence the future architecture of global carbon markets.

As the G20 debates issues like carbon border adjustment mechanisms and international credit standards, Africa must be ready to respond with a united, informed voice. CMAS provides a platform for African stakeholders to strategically align, share technical insights, and sharpen positions – not only for G20, but also in preparation for COP30, where climate finance and carbon market governance will again take centre stage.

“We are in the right place and at the right time today to ensure that Africa benefits from carbon markets,” says Prof Anthony Nyong, Director of Climate Change and Green Growth at the African Development Bank.

A Unique Value Proposition: What Sets CMAS Apart

  • Pan-African Focus with Global Reach: Prioritising African leadership while connecting to international buyers, standards and financiers.
  • Ministerial Roundtable (21 October): A closed-door session convening African environment, climate and finance ministers to align policy priorities and amplify Africa’s voice at COP30 and G20.
  • Deal-Making Platforms: Investor roundtables, project showcases, deep-dive workshops and curated networking designed to convert conversations into transactions.
  • Integrity & Compliance: Navigate voluntary and compliance carbon markets with rigor, exploring Article 6, regional frameworks and global best practice.
  • Project Visibility: Spotlight on investable, Africa-based carbon projects with real climate and community impact.
  • Pre-COP30 Momentum: CMAS will help unify African market positions and technical readiness in the lead-up to multilateral climate finance negotiations.

We are in the right place and at the right time today to ensure that Africa benefits from carbon markets

Advisory Board: A Multi-Sectoral Powerhouse

To ensure CMAS reflects Africa’s diverse needs and opportunities in carbon markets, an influential advisory board has been convened, including:

  • Andrew Gilder – Director, Climate Legal, South Africa
  • Andrew Ocama – Eastern Africa Alliance on Carbon Markets and Climate Finance, Uganda
  • Bianca Gichangi – Regional Lead – Africa, VCMI, Kenya
  • Brett Stacey – Director, Carbon Zero Verification, United Kingdom
  • Dr Olufunso Somorin – Regional Principal Officer, AfDB, Kenya
  • Heather McEwan – Regional Representative, Verra, South Africa
  • Javier Mazanares – CEO, Allen Manza, Panama
  • Lawrence Cole-Morgan – Carbon Credit Trading Lead, Standard Bank, South Africa
  • Mathis Granjon – Trader, Green Steps, Netherlands
  • Maxime Bayen – Operating Partner, Catalyst Fund, Spain
  • Olivia Tuchten – Promethium Carbon, South Africa
  • Reshma Shah – Lead, Carbon Markets, FSD Africa, Kenya
  • Bernardin Uzayisaba, Carbon Market Programme Specialist, UNDP, South Africa
  • Ibrahim Shelleng, Senior Special Assistant to the President, Government of Nigeria

A Pathway to African Ownership

“Africa is still not maximising its potential. We need to do things differently,” says Olufunso Somorin, AfDB. “One of the challenges is that there are many good project developers who have very good ideas, but they don’t have the resource to jumpstart their idea into an investable project.” Somorin continues: “The AfDB has created the African Carbon Support Facility, and we are hoping to start off with a $100 million capitalisation.” Among the goals are supporting countries towards market-creating policy shifts, and the bulk of the funds will provide resources to project developers and assist in validation costs. “The AfDB wants to increase the number of African-owned, African-based and African-led project developments on the ground,” he adds.

According to Lawrence Cole-Morgan, Standard Bank, “the carbon markets provide Africa with the ability to monetise its significant carbon sequestration potential to fund socio-economic development and badly needed adaptation, while making a meaningful contribution to combatting climate change.”

Meanwhile, Andrew Ocama, Eastern Africa Alliance on Carbon Markets and Climate Finance, is of the opinion that “each country is at a different level of readiness to actively participate in the carbon markets. To the seven Alliance countries, these markets are an important avenue for finance owing to their accountability and the measurability of their outcomes.”

Event Details

21 October – Pre-Summit Day

  • Carbon 101 seminar
  • High-impact dialogue by the Global Trust Project

 

22–23 October – Main Summit

  • Plenaries
  • Ministerial Roundtable
  • Investor roundtables
  • Hands-on workshops
  • Sector-focused dialogues
  • Deal-making and networking

 Location: Johannesburg, South Africa

Organised by VUKA Group

With more than 20 years of experience delivering high-impact B2B events across Africa, VUKA Group is the independent, B-BBEE-compliant force behind platforms like Africa’s Green Economy Summit, Enlit Africa, Smarter Mobility Africa, and DRC Mining Week.

Distributed by APO Group on behalf of Vuka Group

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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2 days ago

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February 6, 2026

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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2 days ago

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February 6, 2026

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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2 days ago

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February 6, 2026

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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