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East African Breweries reports double-digit revenue growth in three markets
East African Breweries reported double-digit local-currency net revenue growth in Kenya, Uganda and Tanzania in the quarter to September.
Wednesday 11th November 2026
By inAfrika Newsroom
The African Development Bank says it is developing a proposed $100 million trust fund to help prepare African carbon market projects and attract investment. The bank gave details of the Africa Carbon Support Facility in an update on 10 November following a summit in Kigali in October.
The proposed facility would support the work needed to develop projects and bring them to investors. A separate part of the bank’s carbon programme would help governments and institutions with regulation, market infrastructure and preparations to use Article 6 of the Paris Agreement, which sets out how countries can cooperate on emissions reductions.
The Kigali discussions took place from 13 to 15 October. At a roundtable during the summit, the bank also presented work on a study with the GSM Association Foundation and FSD Africa. The study is intended to identify gaps in national regulation and institutional capacity so that technical assistance can address them.
The bank had discussed the proposed facility publicly in May 2025. Its latest update describes the trust fund as still in development and gives no figure for money raised or committed to individual projects.
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