Green bonds offer hope, and risk, in Africa's climate fight

Lagos (AFP) June 27, 2025
It only took two days for Nigeria to raise $59 million through green bonds - part of a funding drive for climate and environmental projects in a nation still hooked on oil. Africa remains a small player in the green bond market, and the debt instrument is underused - but it is becoming a fast-growing source of funding for the world's poorest continent, which is at the forefront of climate