The Nigerian startup Raenest, which recently closed its Series A round, seeks to eliminate payment delays for Africans working for foreign firms. It has found its footing.

Most major banks claim to be on track to meeting their net zero ambitions. But a new report casts doubt on this claim, pointing to ‘incoherent’ climate targets.

So far, global transaction banking lacks any industry standards around sustainability, meaning it falls to individual banks to design their own frameworks. 

With public and private investors mostly steering clear of forest restoration projects, could initiatives like the African Forestry Impact Platform be a step in the right direction?

According to the Financial Stability Board’s latest report, significant progress has been made – but a lot more needs to be done to stay on track. 

After a significant capital injection, and with commercialisation expected next year, the company’s green ‘flying taxis’ could soon be launching everywhere from Paris to Saudwia.

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Countries like Nigeria, Türkiye, South Africa and the UAE are seeing considerable growth within the crypto space, pointing to a promising future for digital currencies.

The Moody’s rating is a milestone for the climate-oriented fund, which has been active in emerging markets since 2009. So what will GCPF be turning its attention to next? 

Many developing markets have seen an uptick in their ratings this year, as they start to reap the benefits of lower interest rates and policy reforms.

Abound, the British fintech, announces a £800mn fundraise that allows it to reach more consumers and help them to access loans and save money through the firm’s use of artificial intelligence and open banking data. 

All six GCC states now operate a real-time payments programme, as part of a major governmental push towards a cashless, financially inclusive society. 

With their new technology Looper, Croatian firm Indeloop is converting textile waste into clean fuel