Second Africa Climate Summit Opens With Calls to Unlock Trillions for Green Growth
At the second Africa Climate Summit, leaders have urged the world to unlock investment and reforms to drive global climate action...
✨ Key Highlights
The Second Africa Climate Summit in Addis Ababa opened with a strong call for unlocking trillions for green growth, emphasizing Africa's potential as a climate solution provider rather than a victim. Leaders urged global financial reforms to support the continent's drive towards a green industrial base.
- Only a fraction of $2 trillion invested globally in clean energy last year reached African countries.
- President William Ruto highlighted Africa's advances in climate-smart agriculture, green industry, and new technologies.
- The summit precedes the crucial COP30 climate talks in Brazil, where governments will negotiate new agreements on climate finance and decarbonization.
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New Financial Initiatives Target Africa for Green Growth, Cross-Border Payments, and Business Operations - September 2025
The Second Africa Climate Summit in Addis Ababa opened with a call for unlocking trillions in funding for green growth, urging global financial reforms. Leaders at the summit emphasized Africa's potential as a climate solution provider. In the financial technology sector, global B2B payments platform Verto has launched the Atlas Suite, a new set of API-first solutions to simplify cross-border transactions across the continent. This suite aims to address challenges such as regulatory complexity and currency volatility. Additionally, Aavishkaar Capital made its fourth investment in Africa by backing spice processor Horizon Group Africa with a loan from its Global Supply Chain Support Fund (GSCSF) to help scale its operations.
