Meanwhile, The African Development Bank has revealed plans to establish a billion-dollar fund aimed at expediting climate financing for emerging African enterprises. He made this announcement during a panel discussion held on the sidelines of the African summit on climate in Nairobi last Wednesday.
During this occasion, the President of AFDB, Akinwumi Adesina, urged young entrepreneurs and micro, small, and medium-sized enterprises across Africa to submit inventive proposals and business concepts capable of enhancing adaptation and resilience to climate change throughout the continent.